BENJICO: 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.
BENJICO
Largest movements
- Cash +€178,719
up €178,719 (+42.8%), from €417,998 to €596,717
mainly Net result for the year (+€345,617) and Receivables within one year (+€67,537)
- Financial fixed assets -€70,000
down €70,000 (-2.1%), from €3.3m to €3.3m
- Receivables within one year -€67,537
down €67,537 (-61.7%), from €109,379 to €41,842
of which Other amounts receivable: -€43,337
- Reserves +€145,617
up €145,617 (+11.3%), from €1.3m to €1.4m
of which Distributable reserves: +€145,617
- Debts after one year -€100,907
down €100,907 (-4.3%), from €2.3m to €2.2m
- Gross operating margin +€195,081
up €195,081 (+155.4%), from €125,563 to €320,644
- Financial income +€131,501
up €131,501 (+257.1%), from €51,154 to €182,655
- Taxes +€72,566
up €72,566 (+289.9%), from €25,028 to €97,594
- Depreciation +€5,177
up €5,177 (+40.6%), from €12,752 to €17,929
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 | €3,920,958 | €3,998,619 | +€77,660 | +2.0% |
| Fixed assets | 21/28 | €3,373,789 | €3,335,840 | -€37,949 | -1.1% |
| Intangible fixed assets | 21 | - | €39,383 | +€39,383 | |
| Tangible fixed assets | 22/27 | €33,789 | €26,457 | -€7,332 | -21.7% |
| Plant, machinery and equipment | 23 | - | €3,562 | +€3,562 | |
| Furniture and vehicles | 24 | €33,789 | €22,896 | -€10,893 | -32.2% |
| Financial fixed assets | 28 | €3,340,000 | €3,270,000 | -€70,000 | -2.1% |
| Current assets | 29/58 | €547,169 | €662,778 | +€115,609 | +21.1% |
| Amounts receivable within one year | 40/41 | €109,379 | €41,842 | -€67,537 | -61.7% |
| Trade receivables | 40 | €51,002 | €26,802 | -€24,200 | -47.4% |
| Other amounts receivable | 41 | €58,378 | €15,041 | -€43,337 | -74.2% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €417,998 | €596,717 | +€178,719 | +42.8% |
| Deferred charges and accrued income | 490/1 | €19,792 | €4,219 | -€15,573 | -78.7% |
| Total equity and liabilities | 10/49 | €3,920,958 | €3,998,619 | +€77,660 | +2.0% |
| Equity | 10/15 | €1,455,128 | €1,600,746 | +€145,617 | +10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,294,216 | €1,439,834 | +€145,617 | +11.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,294,216 | €1,439,834 | +€145,617 | +11.3% |
| Profit (loss) carried forward | 14 | €142,312 | €142,312 | = | 0.0% |
| Amounts payable | 17/49 | €2,465,830 | €2,397,873 | -€67,957 | -2.8% |
| Amounts payable after more than one year | 17 | €2,320,102 | €2,219,195 | -€100,907 | -4.3% |
| Financial debts | 170/4 | €2,320,102 | €2,219,195 | -€100,907 | -4.3% |
| Amounts payable within one year | 42/48 | €133,687 | €178,678 | +€44,991 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €100,110 | €100,907 | +€798 | +0.8% |
| Trade debts | 44 | €3,962 | €19,289 | +€15,327 | +386.9% |
| Suppliers | 440/4 | €3,962 | €19,289 | +€15,327 | +386.9% |
| Taxes, remuneration and social security | 45 | €24,654 | €53,521 | +€28,866 | +117.1% |
| Taxes | 450/3 | €24,654 | €49,402 | +€24,747 | +100.4% |
| Remuneration and social security | 454/9 | - | €4,119 | +€4,119 | |
| Other amounts payable | 47/48 | €4,961 | €4,961 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €12,041 | €0 | -€12,041 | -100.0% |
| Non-recurring operating income | 76A | €862 | €0 | -€862 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,752 | €17,929 | +€5,177 | +40.6% |
| Other operating charges | 640/8 | €1,347 | €2,330 | +€983 | +73.0% |
| Non-recurring operating charges | 66A | - | €710 | +€710 | |
| Gross operating margin | 9900 | €125,563 | €320,644 | +€195,081 | +155.4% |
| Operating profit (loss) | 9901 | €111,465 | €299,675 | +€188,211 | +168.9% |
| Financial income | 75/76B | €51,154 | €182,655 | +€131,501 | +257.1% |
| Recurring financial income | 75 | €51,154 | €182,655 | +€131,501 | +257.1% |
| Financial charges | 65/66B | €39,476 | €39,119 | -€358 | -0.9% |
| Recurring financial charges | 65 | €39,476 | €39,119 | -€358 | -0.9% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €123,142 | €443,211 | +€320,069 | +259.9% |
| Income taxes | 67/77 | €25,028 | €97,594 | +€72,566 | +289.9% |
| Profit (loss) for the period | 9904 | €98,114 | €345,617 | +€247,504 | +252.3% |
| Profit (loss) for the period to be appropriated | 9905 | €98,114 | €345,617 | +€247,504 | +252.3% |
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 3 October 2026 via checked.be.