Benk: 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.
Benk
Largest movements
- Receivables within one year +€38,098
up €38,098 (+14.3%), from €266,918 to €305,016
of which Trade receivables: +€47,262
- Stocks and contracts +€13,957
up €13,957 (+58.7%), from €23,758 to €37,715
of which Contracts in progress: +€11,961
- Tangible fixed assets -€10,525
down €10,525 (-10.3%), from €101,897 to €91,371
of which Plant, machinery and equipment: -€17,258
- Tax, wage and social debts +€45,383
up €45,383 (+45.3%), from €100,086 to €145,469
of which Remuneration and social security: +€41,710
- Reserves +€28,974
up €28,974 (+20.8%), from €139,188 to €168,162
- Debts after one year -€22,468
down €22,468 (-47.8%), from €46,997 to €24,529
- Short-term financial debts +€14,612
up €14,612 (+10.5%), from €139,445 to €154,057
- Current portion of long-term debt -€12,220
down €12,220 (-35.2%), from €34,688 to €22,468
- Gross operating margin +€221,148
up €221,148 (+29.3%), from €754,714 to €975,862
- Staff costs +€216,557
up €216,557 (+33.2%), from €651,800 to €868,356
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €551,560 | €600,838 | +€49,278 | +8.9% |
| Fixed assets | 21/28 | €101,897 | €91,371 | -€10,525 | -10.3% |
| Tangible fixed assets | 22/27 | €101,897 | €91,371 | -€10,525 | -10.3% |
| Plant, machinery and equipment | 23 | €96,245 | €78,988 | -€17,258 | -17.9% |
| Furniture and vehicles | 24 | €5,652 | €12,384 | +€6,732 | +119.1% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €449,663 | €509,467 | +€59,803 | +13.3% |
| Stocks and contracts in progress | 3 | €23,758 | €37,715 | +€13,957 | +58.7% |
| Stocks | 30/36 | €2,224 | €4,220 | +€1,996 | +89.7% |
| Contracts in progress | 37 | €21,534 | €33,495 | +€11,961 | +55.5% |
| Amounts receivable within one year | 40/41 | €266,918 | €305,016 | +€38,098 | +14.3% |
| Trade receivables | 40 | €219,439 | €266,701 | +€47,262 | +21.5% |
| Other amounts receivable | 41 | €47,479 | €38,315 | -€9,165 | -19.3% |
| Cash at bank and in hand | 54/58 | €158,919 | €163,526 | +€4,606 | +2.9% |
| Deferred charges and accrued income | 490/1 | €68 | €3,210 | +€3,143 | +4637.8% |
| Total equity and liabilities | 10/49 | €551,560 | €600,838 | +€49,278 | +8.9% |
| Equity | 10/15 | €157,788 | €186,762 | +€28,974 | +18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €139,188 | €168,162 | +€28,974 | +20.8% |
| Distributable reserves | 133 | €139,188 | €168,162 | +€28,974 | +20.8% |
| Amounts payable | 17/49 | €393,772 | €414,076 | +€20,304 | +5.2% |
| Amounts payable after more than one year | 17 | €46,997 | €24,529 | -€22,468 | -47.8% |
| Financial debts | 170/4 | €46,997 | €24,529 | -€22,468 | -47.8% |
| Amounts payable within one year | 42/48 | €335,106 | €377,514 | +€42,408 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €34,688 | €22,468 | -€12,220 | -35.2% |
| Financial debts | 43 | €139,445 | €154,057 | +€14,612 | +10.5% |
| Credit institutions | 430/8 | €139,445 | €154,057 | +€14,612 | +10.5% |
| Trade debts | 44 | €53,667 | €55,520 | +€1,853 | +3.5% |
| Suppliers | 440/4 | €53,667 | €55,520 | +€1,853 | +3.5% |
| Taxes, remuneration and social security | 45 | €100,086 | €145,469 | +€45,383 | +45.3% |
| Taxes | 450/3 | €3,677 | €7,351 | +€3,674 | +99.9% |
| Remuneration and social security | 454/9 | €96,409 | €138,118 | +€41,710 | +43.3% |
| Other amounts payable | 47/48 | €7,221 | €0 | -€7,221 | -100.0% |
| Accrued charges and deferred income | 492/3 | €11,669 | €12,033 | +€364 | +3.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €651,800 | €868,356 | +€216,557 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,382 | €42,832 | -€4,550 | -9.6% |
| Other operating charges | 640/8 | €4,884 | €6,593 | +€1,709 | +35.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €754,714 | €975,862 | +€221,148 | +29.3% |
| Operating profit (loss) | 9901 | €50,648 | €58,081 | +€7,432 | +14.7% |
| Financial income | 75/76B | €1,279 | €1,058 | -€221 | -17.3% |
| Recurring financial income | 75 | €1,279 | €1,058 | -€221 | -17.3% |
| Financial charges | 65/66B | €15,781 | €13,203 | -€2,578 | -16.3% |
| Recurring financial charges | 65 | €15,781 | €13,203 | -€2,578 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €36,146 | €45,935 | +€9,789 | +27.1% |
| Income taxes | 67/77 | €13,033 | €16,962 | +€3,929 | +30.1% |
| Profit (loss) for the period | 9904 | €23,113 | €28,974 | +€5,861 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,113 | €28,974 | +€5,861 | +25.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.