BENKLIE: 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.
BENKLIE
Largest movements
- Cash +€1.6m
up €1.6m (+989.3%), from €166,397 to €1.8m
mainly Receivables after one year (+€1.4m) and Net result for the year (+€110,983)
- Receivables after one year -€1.4m
down €1.4m (-40.7%), from €3.4m to €2.0m
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€51,897
up €51,897 (+43.8%), from €118,476 to €170,373
- Taxes +€29,026
up €29,026 (+118.9%), from €24,416 to €53,442
- Other operating charges +€4,469
up €4,469 (+461.9%), from €968 to €5,437
- Financial charges -€2,918
down €2,918 (-93.7%), from €3,113 to €195
- Gross operating margin +€2,800
up €2,800, from -€2,287 to €513
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 | €48,062,425 | €48,200,292 | +€137,867 | +0.3% |
| Formation expenses | 20 | €806 | €382 | -€424 | -52.7% |
| Fixed assets | 21/28 | €41,140,810 | €41,140,404 | -€405 | 0.0% |
| Tangible fixed assets | 22/27 | €1,143 | €738 | -€405 | -35.5% |
| Furniture and vehicles | 24 | €1,143 | €738 | -€405 | -35.5% |
| Financial fixed assets | 28 | €41,139,667 | €41,139,667 | = | 0.0% |
| Current assets | 29/58 | €6,920,809 | €7,059,506 | +€138,697 | +2.0% |
| Amounts receivable after more than one year | 29 | €3,425,249 | €2,032,168 | -€1.4m | -40.7% |
| Other amounts receivable | 291 | €3,425,249 | €2,032,168 | -€1.4m | -40.7% |
| Current investments | 50/53 | €3,320,454 | €3,214,661 | -€105,793 | -3.2% |
| Cash at bank and in hand | 54/58 | €166,397 | €1,812,537 | +€1.6m | +989.3% |
| Deferred charges and accrued income | 490/1 | €8,708 | €140 | -€8,568 | -98.4% |
| Total equity and liabilities | 10/49 | €48,062,425 | €48,200,292 | +€137,867 | +0.3% |
| Equity | 10/15 | €48,054,065 | €48,165,048 | +€110,983 | +0.2% |
| Contributions | 10/11 | €47,995,911 | €47,995,911 | = | 0.0% |
| Reserves | 13 | €58,155 | €169,138 | +€110,983 | +190.8% |
| Distributable reserves | 133 | €58,155 | €169,138 | +€110,983 | +190.8% |
| Amounts payable | 17/49 | €8,360 | €35,244 | +€26,884 | +321.6% |
| Amounts payable within one year | 42/48 | €8,360 | €35,244 | +€26,884 | +321.6% |
| Trade debts | 44 | €981 | €8,919 | +€7,938 | +809.1% |
| Suppliers | 440/4 | €981 | €8,919 | +€7,938 | +809.1% |
| Taxes, remuneration and social security | 45 | €7,379 | €25,965 | +€18,587 | +251.9% |
| Taxes | 450/3 | €7,379 | €25,965 | +€18,587 | +251.9% |
| Other amounts payable | 47/48 | - | €360 | +€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €830 | €830 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €5,437 | +€4,469 | +461.9% |
| Gross operating margin | 9900 | -€2,287 | €513 | +€2,800 | |
| Operating profit (loss) | 9901 | -€4,084 | -€5,754 | -€1,669 | -40.9% |
| Financial income | 75/76B | €118,476 | €170,373 | +€51,897 | +43.8% |
| Recurring financial income | 75 | €118,476 | €170,373 | +€51,897 | +43.8% |
| Financial charges | 65/66B | €3,113 | €195 | -€2,918 | -93.7% |
| Recurring financial charges | 65 | €3,113 | €195 | -€2,918 | -93.7% |
| Profit (loss) for the period before taxes | 9903 | €111,279 | €164,425 | +€53,146 | +47.8% |
| Income taxes | 67/77 | €24,416 | €53,442 | +€29,026 | +118.9% |
| Profit (loss) for the period | 9904 | €86,863 | €110,983 | +€24,120 | +27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €86,863 | €110,983 | +€24,120 | +27.8% |
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 6 October 2026 via checked.be.