BENJAMIN & CO: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BENJAMIN & CO
Largest movements
- Cash -€70,009
down €70,009 (-100.0%), from €70,009 to €0
mainly Investment in fixed assets (net) (-€113,418) and Debts after one year (-€33,072)
- Tangible fixed assets +€39,962
up €39,962 (+3.1%), from €1.3m to €1.3m
of which Land and buildings: +€36,889
- Profit (loss) carried forward +€97,876
up €97,876 (+18.5%), from -€528,403 to -€430,527
- Debts after one year -€33,072
down €33,072 (-4.1%), from €816,122 to €783,050
- Other debts -€27,060
down €27,060 (-14.3%), from €189,364 to €162,304
- Trade debts -€25,675
down €25,675 (-58.0%), from €44,250 to €18,575
- Reserves -€19,041
down €19,041 (-3.4%), from €562,613 to €543,573
- Gross operating margin -€189,106
down €189,106 (-50.4%), from €375,363 to €186,257
- Depreciation -€129,633
down €129,633 (-63.8%), from €203,090 to €73,457
- Financial charges +€18,713
up €18,713 (+127.4%), from €14,686 to €33,399
- Other operating charges -€10,171
down €10,171 (-33.3%), from €30,581 to €20,411
- Taxes -€8,492
down €8,492, from €389 to -€8,103
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,487,162 | €1,457,267 | -€29,896 | -2.0% |
| Fixed assets | 21/28 | €1,280,429 | €1,320,390 | +€39,962 | +3.1% |
| Tangible fixed assets | 22/27 | €1,280,429 | €1,320,390 | +€39,962 | +3.1% |
| Land and buildings | 22 | €1,278,311 | €1,315,199 | +€36,889 | +2.9% |
| Plant, machinery and equipment | 23 | €1,621 | €1,320 | -€302 | -18.6% |
| Furniture and vehicles | 24 | €497 | €3,871 | +€3,375 | +679.2% |
| Current assets | 29/58 | €206,733 | €136,876 | -€69,857 | -33.8% |
| Amounts receivable within one year | 40/41 | €136,724 | €136,876 | +€151 | +0.1% |
| Trade receivables | 40 | €17,899 | €21,758 | +€3,859 | +21.6% |
| Other amounts receivable | 41 | €118,825 | €115,118 | -€3,708 | -3.1% |
| Cash at bank and in hand | 54/58 | €70,009 | €0 | -€70,009 | -100.0% |
| Total equity and liabilities | 10/49 | €1,487,162 | €1,457,267 | -€29,896 | -2.0% |
| Equity | 10/15 | €189,211 | €268,046 | +€78,835 | +41.7% |
| Contributions | 10/11 | €155,000 | €155,000 | = | 0.0% |
| Capital | 10 | €155,000 | €155,000 | = | 0.0% |
| Issued capital | 100 | €155,000 | €155,000 | = | 0.0% |
| Reserves | 13 | €562,613 | €543,573 | -€19,041 | -3.4% |
| Tax-exempt reserves | 132 | €562,613 | €543,573 | -€19,041 | -3.4% |
| Profit (loss) carried forward | 14 | -€528,403 | -€430,527 | +€97,876 | +18.5% |
| Provisions and deferred taxes | 16 | €187,538 | €181,191 | -€6,347 | -3.4% |
| Deferred taxes | 168 | €187,538 | €181,191 | -€6,347 | -3.4% |
| Amounts payable | 17/49 | €1,110,414 | €1,008,030 | -€102,384 | -9.2% |
| Amounts payable after more than one year | 17 | €816,122 | €783,050 | -€33,072 | -4.1% |
| Financial debts | 170/4 | €816,122 | €783,050 | -€33,072 | -4.1% |
| Amounts payable within one year | 42/48 | €293,376 | €224,543 | -€68,833 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €34,401 | €35,771 | +€1,369 | +4.0% |
| Financial debts | 43 | - | €819 | +€819 | |
| Credit institutions | 430/8 | - | €819 | +€819 | |
| Trade debts | 44 | €44,250 | €18,575 | -€25,675 | -58.0% |
| Suppliers | 440/4 | €44,250 | €18,575 | -€25,675 | -58.0% |
| Advances received on contracts in progress | 46 | €510 | €0 | -€510 | -100.0% |
| Taxes, remuneration and social security | 45 | €24,850 | €7,074 | -€17,776 | -71.5% |
| Taxes | 450/3 | €24,850 | €5,360 | -€19,490 | -78.4% |
| Remuneration and social security | 454/9 | - | €1,714 | +€1,714 | |
| Other amounts payable | 47/48 | €189,364 | €162,304 | -€27,060 | -14.3% |
| Accrued charges and deferred income | 492/3 | €916 | €437 | -€479 | -52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,090 | €73,457 | -€129,633 | -63.8% |
| Other operating charges | 640/8 | €30,581 | €20,411 | -€10,171 | -33.3% |
| Gross operating margin | 9900 | €375,363 | €186,257 | -€189,106 | -50.4% |
| Operating profit (loss) | 9901 | €141,692 | €92,390 | -€49,303 | -34.8% |
| Financial income | 75/76B | €8,330 | €5,395 | -€2,935 | -35.2% |
| Recurring financial income | 75 | €8,330 | €5,395 | -€2,935 | -35.2% |
| Financial charges | 65/66B | €14,686 | €33,399 | +€18,713 | +127.4% |
| Recurring financial charges | 65 | €14,686 | €33,399 | +€18,713 | +127.4% |
| Profit (loss) for the period before taxes | 9903 | €135,336 | €64,385 | -€70,951 | -52.4% |
| Transfer from deferred taxes | 780 | €2,869 | €6,347 | +€3,478 | +121.2% |
| Transfer to deferred taxes | 680 | €108,200 | €0 | -€108,200 | -100.0% |
| Income taxes | 67/77 | €389 | -€8,103 | -€8,492 | |
| Profit (loss) for the period | 9904 | €29,617 | €78,835 | +€49,219 | +166.2% |
| Transfer from tax-exempt reserves | 789 | €8,607 | €19,041 | +€10,433 | +121.2% |
| Transfer to tax-exempt reserves | 689 | €324,599 | €0 | -€324,599 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€286,376 | €97,876 | +€384,251 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.