BENLAR: 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.
BENLAR
Largest movements
- Cash +€5,930
up €5,930 (+114%), from €5,212 to €11,142
mainly Other debts (+€15,532) and Tax, wage and social debts (+€9,338)
- Receivables within one year +€3,837
up €3,837 (+25.4%), from €15,134 to €18,971
of which Trade receivables: +€3,446
- Tangible fixed assets -€2,292
down €2,292 (-6.3%), from €36,324 to €34,033
of which Furniture and vehicles: -€2,164
- Reserves -€16,974
down €16,974 (-24.5%), from €69,168 to €52,194
of which Distributable reserves: -€16,974
- Other debts +€15,532
up €15,532 (+212%), from €7,311 to €22,843
- Tax, wage and social debts +€9,338
up €9,338 (+801%), from €1,166 to €10,503
- Gross operating margin -€7,750
down €7,750 (-27.2%), from €28,468 to €20,718
- Other operating charges +€2,280
up €2,280 (+125%), from €1,824 to €4,104
- Depreciation +€917
up €917 (+19.0%), from €4,825 to €5,742
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 | €82,481 | €90,836 | +€8,354 | +10.1% |
| Fixed assets | 21/28 | €36,564 | €34,273 | -€2,292 | -6.3% |
| Tangible fixed assets | 22/27 | €36,324 | €34,033 | -€2,292 | -6.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €2,367 | €3,106 | +€739 | +31.2% |
| Furniture and vehicles | 24 | €6,518 | €4,354 | -€2,164 | -33.2% |
| Other tangible fixed assets | 26 | €27,439 | €26,572 | -€867 | -3.2% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €45,917 | €56,563 | +€10,646 | +23.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €15,134 | €18,971 | +€3,837 | +25.4% |
| Trade receivables | 40 | €12,840 | €16,286 | +€3,446 | +26.8% |
| Other amounts receivable | 41 | €2,294 | €2,685 | +€391 | +17.1% |
| Cash at bank and in hand | 54/58 | €5,212 | €11,142 | +€5,930 | +114% |
| Deferred charges and accrued income | 490/1 | €25,572 | €26,450 | +€878 | +3.4% |
| Total equity and liabilities | 10/49 | €82,481 | €90,836 | +€8,354 | +10.1% |
| Equity | 10/15 | €69,668 | €52,694 | -€16,974 | -24.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €69,168 | €52,194 | -€16,974 | -24.5% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €69,118 | €52,144 | -€16,974 | -24.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,813 | €38,141 | +€25,328 | +198% |
| Amounts payable within one year | 42/48 | €12,813 | €38,141 | +€25,328 | +198% |
| Financial debts | 43 | €1,445 | €1,649 | +€204 | +14.1% |
| Credit institutions | 430/8 | €1,445 | €1,649 | +€204 | +14.1% |
| Trade debts | 44 | €2,891 | €3,145 | +€254 | +8.8% |
| Suppliers | 440/4 | €2,891 | €3,145 | +€254 | +8.8% |
| Taxes, remuneration and social security | 45 | €1,166 | €10,503 | +€9,338 | +801% |
| Taxes | 450/3 | €1,166 | €10,503 | +€9,338 | +801% |
| Other amounts payable | 47/48 | €7,311 | €22,843 | +€15,532 | +212% |
| Non-recurring operating income | 76A | - | €7,800 | +€7,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,825 | €5,742 | +€917 | +19.0% |
| Other operating charges | 640/8 | €1,824 | €4,104 | +€2,280 | +125% |
| Non-recurring operating charges | 66A | €12,709 | €0 | -€12,709 | -100% |
| Gross operating margin | 9900 | €28,468 | €20,718 | -€7,750 | -27.2% |
| Operating profit (loss) | 9901 | €9,110 | €10,872 | +€1,762 | +19.3% |
| Financial income | 75/76B | €140 | €240 | +€100 | +71.1% |
| Recurring financial income | 75 | €140 | €240 | +€100 | +71.1% |
| Financial charges | 65/66B | €942 | €1,156 | +€213 | +22.6% |
| Recurring financial charges | 65 | €942 | €1,156 | +€213 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €8,308 | €9,956 | +€1,648 | +19.8% |
| Income taxes | 67/77 | €2,914 | €2,884 | -€30 | -1.0% |
| Profit (loss) for the period | 9904 | €5,393 | €7,072 | +€1,678 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,393 | €7,072 | +€1,678 | +31.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.