Benlen: 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.
Benlen
Largest movements
- Current investments -€4.0m
no longer reported in 2024 (was €4.0m)
- Cash -€457,900
down €457,900 (-63.3%), from €723,244 to €265,344
mainly Other debts (-€4.5m) and Receivables within one year (-€119,036)
- Receivables within one year +€119,036
up €119,036 (+316.5%), from €37,607 to €156,644
of which Trade receivables: +€153,261
- Other debts -€4.5m
down €4.5m (-99.7%), from €4.6m to €14,979
- Reserves +€117,296
up €117,296 (+2.5%), from €4.6m to €4.7m
of which Distributable reserves: +€125,196
- Financial income -€3.6m
down €3.6m (-99.5%), from €3.6m to €16,847
- Gross operating margin -€272,017
down €272,017 (-55.3%), from €492,247 to €220,230
- Financial charges -€136,882
down €136,882 (-99.4%), from €137,646 to €764
- Taxes -€33,812
down €33,812 (-35.4%), from €95,585 to €61,773
- Depreciation -€14,472
down €14,472 (-66.8%), from €21,651 to €7,179
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,265,370 | €4,919,963 | -€4.3m | -46.9% |
| Fixed assets | 21/28 | €4,504,519 | €4,497,341 | -€7,179 | -0.2% |
| Tangible fixed assets | 22/27 | €37,306 | €30,127 | -€7,179 | -19.2% |
| Plant, machinery and equipment | 23 | €9,614 | €6,862 | -€2,753 | -28.6% |
| Furniture and vehicles | 24 | €27,692 | €23,266 | -€4,426 | -16.0% |
| Financial fixed assets | 28 | €4,467,213 | €4,467,213 | = | 0.0% |
| Current assets | 29/58 | €4,760,851 | €422,623 | -€4.3m | -91.1% |
| Amounts receivable within one year | 40/41 | €37,607 | €156,644 | +€119,036 | +316.5% |
| Trade receivables | 40 | €799 | €154,060 | +€153,261 | +19192.5% |
| Other amounts receivable | 41 | €36,809 | €2,584 | -€34,225 | -93.0% |
| Current investments | 50/53 | €4,000,000 | - | -€4.0m | |
| Cash at bank and in hand | 54/58 | €723,244 | €265,344 | -€457,900 | -63.3% |
| Deferred charges and accrued income | 490/1 | - | €635 | +€635 | |
| Total equity and liabilities | 10/49 | €9,265,370 | €4,919,963 | -€4.3m | -46.9% |
| Equity | 10/15 | €4,696,570 | €4,813,867 | +€117,296 | +2.5% |
| Contributions | 10/11 | €86,746 | €86,746 | = | 0.0% |
| Reserves | 13 | €4,609,825 | €4,727,121 | +€117,296 | +2.5% |
| Non-distributable reserves | 130/1 | €8,675 | €775 | -€7,899 | -91.1% |
| Reserves not available under the articles | 1311 | €8,675 | €775 | -€7,899 | -91.1% |
| Distributable reserves | 133 | €4,601,150 | €4,726,346 | +€125,196 | +2.7% |
| Amounts payable | 17/49 | €4,568,800 | €106,096 | -€4.5m | -97.7% |
| Amounts payable within one year | 42/48 | €4,568,800 | €106,096 | -€4.5m | -97.7% |
| Trade debts | 44 | €3,937 | €64,212 | +€60,276 | +1531.1% |
| Suppliers | 440/4 | €3,937 | €64,212 | +€60,276 | +1531.1% |
| Taxes, remuneration and social security | 45 | €7,145 | €26,905 | +€19,760 | +276.5% |
| Taxes | 450/3 | €7,145 | €26,905 | +€19,760 | +276.5% |
| Other amounts payable | 47/48 | €4,557,718 | €14,979 | -€4.5m | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,651 | €7,179 | -€14,472 | -66.8% |
| Other operating charges | 640/8 | €4,631 | €2,165 | -€2,467 | -53.3% |
| Gross operating margin | 9900 | €492,247 | €220,230 | -€272,017 | -55.3% |
| Operating profit (loss) | 9901 | €465,964 | €210,886 | -€255,078 | -54.7% |
| Financial income | 75/76B | €3,600,268 | €16,847 | -€3.6m | -99.5% |
| Recurring financial income | 75 | €3,600,268 | €16,847 | -€3.6m | -99.5% |
| Financial charges | 65/66B | €137,646 | €764 | -€136,882 | -99.4% |
| Recurring financial charges | 65 | €137,646 | €764 | -€136,882 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | €3,928,586 | €226,969 | -€3.7m | -94.2% |
| Income taxes | 67/77 | €95,585 | €61,773 | -€33,812 | -35.4% |
| Profit (loss) for the period | 9904 | €3,833,000 | €165,196 | -€3.7m | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,833,000 | €165,196 | -€3.7m | -95.7% |
Source: filed annual accounts (NBB), financial years ended 31 August 2023 and 31 August 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.