BENJAMIN SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets -€45,711
down €45,711 (-26.7%), from €170,928 to €125,217
of which Furniture and vehicles: -€37,157
- Cash +€42,908
up €42,908 (+27.2%), from €158,021 to €200,929
mainly Other debts (+€103,425) and Depreciation (+€51,141)
- Deferred charges and accrued income +€5,794
up €5,794 (+97.7%), from €5,932 to €11,726
- Other debts +€103,425
up €103,425 (+1502.2%), from €6,885 to €110,310
- Reserves -€97,490
down €97,490 (-47.4%), from €205,799 to €108,309
of which Distributable reserves: -€95,630
- Trade debts +€24,542
up €24,542 (+40.6%), from €60,446 to €84,988
- Tax, wage and social debts -€8,830
down €8,830 (-40.0%), from €22,095 to €13,265
of which Taxes: -€9,083
- Current portion of long-term debt -€8,391
down €8,391 (-100.0%), from €8,391 to €0
- Gross operating margin -€33,721
down €33,721 (-18.9%), from €177,959 to €144,238
- Taxes -€12,774
down €12,774 (-67.9%), from €18,814 to €6,040
- Staff costs +€5,248
up €5,248 (+8.4%), from €62,180 to €67,428
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 | €442,324 | €449,726 | +€7,403 | +1.7% |
| Fixed assets | 21/28 | €176,906 | €131,196 | -€45,711 | -25.8% |
| Tangible fixed assets | 22/27 | €170,928 | €125,217 | -€45,711 | -26.7% |
| Land and buildings | 22 | €20,353 | €18,948 | -€1,406 | -6.9% |
| Plant, machinery and equipment | 23 | €38,594 | €31,445 | -€7,149 | -18.5% |
| Furniture and vehicles | 24 | €111,981 | €74,824 | -€37,157 | -33.2% |
| Financial fixed assets | 28 | €5,978 | €5,978 | = | 0.0% |
| Current assets | 29/58 | €265,417 | €318,531 | +€53,114 | +20.0% |
| Amounts receivable within one year | 40/41 | €101,465 | €105,877 | +€4,412 | +4.3% |
| Trade receivables | 40 | €99,437 | €104,841 | +€5,404 | +5.4% |
| Other amounts receivable | 41 | €2,028 | €1,036 | -€992 | -48.9% |
| Cash at bank and in hand | 54/58 | €158,021 | €200,929 | +€42,908 | +27.2% |
| Deferred charges and accrued income | 490/1 | €5,932 | €11,726 | +€5,794 | +97.7% |
| Total equity and liabilities | 10/49 | €442,324 | €449,726 | +€7,403 | +1.7% |
| Equity | 10/15 | €339,242 | €236,952 | -€102,290 | -30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €205,799 | €108,309 | -€97,490 | -47.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,754 | €6,894 | -€1,860 | -21.2% |
| Distributable reserves | 133 | €195,185 | €99,555 | -€95,630 | -49.0% |
| Profit (loss) carried forward | 14 | €114,843 | €110,043 | -€4,800 | -4.2% |
| Provisions and deferred taxes | 16 | €2,918 | €2,298 | -€620 | -21.2% |
| Deferred taxes | 168 | €2,918 | €2,298 | -€620 | -21.2% |
| Amounts payable | 17/49 | €100,164 | €210,476 | +€110,313 | +110.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €99,484 | €209,847 | +€110,364 | +110.9% |
| Current portion of amounts payable after more than one year | 42 | €8,391 | €0 | -€8,391 | -100.0% |
| Financial debts | 43 | €1,288 | €1,285 | -€4 | -0.3% |
| Other loans | 439 | €1,288 | €1,285 | -€4 | -0.3% |
| Trade debts | 44 | €60,446 | €84,988 | +€24,542 | +40.6% |
| Suppliers | 440/4 | €60,446 | €84,988 | +€24,542 | +40.6% |
| Advances received on contracts in progress | 46 | €378 | €0 | -€378 | -100.0% |
| Taxes, remuneration and social security | 45 | €22,095 | €13,265 | -€8,830 | -40.0% |
| Taxes | 450/3 | €19,502 | €10,418 | -€9,083 | -46.6% |
| Remuneration and social security | 454/9 | €2,593 | €2,847 | +€253 | +9.8% |
| Other amounts payable | 47/48 | €6,885 | €110,310 | +€103,425 | +1502.2% |
| Accrued charges and deferred income | 492/3 | €680 | €629 | -€51 | -7.5% |
| Remuneration, social security and pensions | 62 | €62,180 | €67,428 | +€5,248 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,496 | €51,141 | -€356 | -0.7% |
| Other operating charges | 640/8 | €3,857 | €2,461 | -€1,396 | -36.2% |
| Gross operating margin | 9900 | €177,959 | €144,238 | -€33,721 | -18.9% |
| Operating profit (loss) | 9901 | €60,425 | €23,207 | -€37,218 | -61.6% |
| Financial income | 75/76B | €0 | €49 | +€49 | |
| Recurring financial income | 75 | €0 | €49 | +€49 | |
| Financial charges | 65/66B | €1,453 | €901 | -€552 | -38.0% |
| Recurring financial charges | 65 | €1,453 | €901 | -€552 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €58,972 | €22,355 | -€36,616 | -62.1% |
| Transfer from deferred taxes | 780 | €181 | €620 | +€439 | +242.1% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €18,814 | €6,040 | -€12,774 | -67.9% |
| Profit (loss) for the period | 9904 | €40,338 | €16,935 | -€23,403 | -58.0% |
| Transfer from tax-exempt reserves | 789 | €544 | €1,860 | +€1,316 | +242.1% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €40,882 | €18,795 | -€22,088 | -54.0% |
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 8 October 2026 via checked.be.