BENJAMIN ROELANTS: what changed
Two financial 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 ROELANTS
Largest movements
- Cash -€8,852
down €8,852 (-43.8%), from €20,191 to €11,339
mainly Tax, wage and social debts (-€15,121) and Debts after one year (-€11,356)
- Tangible fixed assets -€6,392
down €6,392 (-8.5%), from €75,524 to €69,132
of which Furniture and vehicles: -€7,507
- Receivables within one year +€5,088
up €5,088 (+6.2%), from €82,062 to €87,150
of which Other amounts receivable: +€16,052
- Tax, wage and social debts -€15,121
down €15,121 (-69.6%), from €21,740 to €6,619
- Debts after one year -€11,356
down €11,356 (-43.3%), from €26,237 to €14,881
- Other debts +€9,500
new in 2025: €9,500
- Reserves +€5,000
up €5,000 (+5.9%), from €85,000 to €90,000
- Profit (loss) carried forward +€4,643
up €4,643 (+18.7%), from €24,830 to €29,474
- Gross operating margin -€43,358
down €43,358 (-52.6%), from €82,487 to €39,129
- Taxes -€7,583
down €7,583 (-49.1%), from €15,433 to €7,850
- Depreciation +€3,412
up €3,412 (+38.0%), from €8,970 to €12,381
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.
Derived cash bridge
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 | €178,632 | €168,510 | -€10,122 | -5.7% |
| Fixed assets | 21/28 | €75,524 | €69,132 | -€6,392 | -8.5% |
| Tangible fixed assets | 22/27 | €75,524 | €69,132 | -€6,392 | -8.5% |
| Plant, machinery and equipment | 23 | €7,584 | €5,123 | -€2,461 | -32.4% |
| Furniture and vehicles | 24 | €64,067 | €56,561 | -€7,507 | -11.7% |
| Other tangible fixed assets | 26 | €3,872 | €7,448 | +€3,576 | +92.3% |
| Current assets | 29/58 | €103,108 | €99,378 | -€3,730 | -3.6% |
| Amounts receivable within one year | 40/41 | €82,062 | €87,150 | +€5,088 | +6.2% |
| Trade receivables | 40 | €16,575 | €5,611 | -€10,964 | -66.1% |
| Other amounts receivable | 41 | €65,487 | €81,539 | +€16,052 | +24.5% |
| Cash at bank and in hand | 54/58 | €20,191 | €11,339 | -€8,852 | -43.8% |
| Deferred charges and accrued income | 490/1 | €855 | €889 | +€34 | +4.0% |
| Total equity and liabilities | 10/49 | €178,632 | €168,510 | -€10,122 | -5.7% |
| Equity | 10/15 | €116,330 | €125,974 | +€9,643 | +8.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €85,000 | €90,000 | +€5,000 | +5.9% |
| Distributable reserves | 133 | €85,000 | €90,000 | +€5,000 | +5.9% |
| Profit (loss) carried forward | 14 | €24,830 | €29,474 | +€4,643 | +18.7% |
| Amounts payable | 17/49 | €62,302 | €42,536 | -€19,766 | -31.7% |
| Amounts payable after more than one year | 17 | €26,237 | €14,881 | -€11,356 | -43.3% |
| Financial debts | 170/4 | €26,237 | €14,881 | -€11,356 | -43.3% |
| Amounts payable within one year | 42/48 | €36,065 | €27,655 | -€8,410 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €10,890 | €11,356 | +€466 | +4.3% |
| Financial debts | 43 | €83 | - | -€83 | |
| Credit institutions | 430/8 | €83 | - | -€83 | |
| Trade debts | 44 | €3,352 | €180 | -€3,172 | -94.6% |
| Suppliers | 440/4 | €3,352 | €180 | -€3,172 | -94.6% |
| Taxes, remuneration and social security | 45 | €21,740 | €6,619 | -€15,121 | -69.6% |
| Taxes | 450/3 | €21,740 | €6,619 | -€15,121 | -69.6% |
| Other amounts payable | 47/48 | - | €9,500 | +€9,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,970 | €12,381 | +€3,412 | +38.0% |
| Other operating charges | 640/8 | €902 | €1,711 | +€809 | +89.7% |
| Gross operating margin | 9900 | €82,487 | €39,129 | -€43,358 | -52.6% |
| Operating profit (loss) | 9901 | €72,615 | €25,037 | -€47,578 | -65.5% |
| Financial income | 75/76B | €4,586 | €4,167 | -€420 | -9.1% |
| Recurring financial income | 75 | €4,586 | €4,167 | -€420 | -9.1% |
| Financial charges | 65/66B | €2,070 | €1,710 | -€360 | -17.4% |
| Recurring financial charges | 65 | €2,070 | €1,710 | -€360 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €75,132 | €27,494 | -€47,638 | -63.4% |
| Income taxes | 67/77 | €15,433 | €7,850 | -€7,583 | -49.1% |
| Profit (loss) for the period | 9904 | €59,698 | €19,643 | -€40,055 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,698 | €19,643 | -€40,055 | -67.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.