BENLEX: 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.
BENLEX
Largest movements
- Receivables within one year -€59,830
down €59,830 (-86.3%), from €69,324 to €9,495
of which Trade receivables: -€62,184
- Tangible fixed assets -€11,577
down €11,577 (-38.8%), from €29,840 to €18,262
of which Furniture and vehicles: -€11,182
- Deferred charges and accrued income -€5,538
down €5,538 (-62.9%), from €8,805 to €3,267
- Cash +€4,149
up €4,149 (+30.8%), from €13,472 to €17,620
mainly Receivables within one year (+€59,830) and Depreciation (+€12,761)
- Profit (loss) carried forward -€50,065
down €50,065, from €38,664 to -€11,401
- Tax, wage and social debts -€8,283
down €8,283 (-24.9%), from €33,282 to €24,999
- Other debts -€7,035
down €7,035 (-20.0%), from €35,190 to €28,155
- Accrued charges and deferred income -€4,159
down €4,159 (-65.0%), from €6,401 to €2,242
- Trade debts -€2,826
down €2,826 (-30.7%), from €9,202 to €6,376
- Gross operating margin -€95,426
down €95,426, from €62,101 to -€33,325
- Taxes -€16,597
down €16,597 (-97.8%), from €16,971 to €374
- Depreciation +€6,529
up €6,529 (+104.8%), from €6,231 to €12,761
- Financial charges +€2,432
up €2,432 (+2301.7%), from €106 to €2,538
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 | €123,240 | €50,872 | -€72,368 | -58.7% |
| Fixed assets | 21/28 | €31,638 | €20,489 | -€11,149 | -35.2% |
| Intangible fixed assets | 21 | €1,798 | €2,227 | +€429 | +23.8% |
| Tangible fixed assets | 22/27 | €29,840 | €18,262 | -€11,577 | -38.8% |
| Furniture and vehicles | 24 | €28,853 | €17,671 | -€11,182 | -38.8% |
| Other tangible fixed assets | 26 | €986 | €591 | -€395 | -40.1% |
| Current assets | 29/58 | €91,602 | €30,382 | -€61,219 | -66.8% |
| Amounts receivable within one year | 40/41 | €69,324 | €9,495 | -€59,830 | -86.3% |
| Trade receivables | 40 | €69,324 | €7,140 | -€62,184 | -89.7% |
| Other amounts receivable | 41 | - | €2,355 | +€2,355 | |
| Cash at bank and in hand | 54/58 | €13,472 | €17,620 | +€4,149 | +30.8% |
| Deferred charges and accrued income | 490/1 | €8,805 | €3,267 | -€5,538 | -62.9% |
| Total equity and liabilities | 10/49 | €123,240 | €50,872 | -€72,368 | -58.7% |
| Equity | 10/15 | €39,164 | -€10,901 | -€50,065 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,664 | -€11,401 | -€50,065 | |
| Amounts payable | 17/49 | €84,075 | €61,773 | -€22,303 | -26.5% |
| Amounts payable within one year | 42/48 | €77,674 | €59,530 | -€18,144 | -23.4% |
| Trade debts | 44 | €9,202 | €6,376 | -€2,826 | -30.7% |
| Suppliers | 440/4 | €9,202 | €6,376 | -€2,826 | -30.7% |
| Taxes, remuneration and social security | 45 | €33,282 | €24,999 | -€8,283 | -24.9% |
| Taxes | 450/3 | €33,282 | €24,999 | -€8,283 | -24.9% |
| Other amounts payable | 47/48 | €35,190 | €28,155 | -€7,035 | -20.0% |
| Accrued charges and deferred income | 492/3 | €6,401 | €2,242 | -€4,159 | -65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,231 | €12,761 | +€6,529 | +104.8% |
| Other operating charges | 640/8 | €129 | €219 | +€90 | +70.0% |
| Gross operating margin | 9900 | €62,101 | -€33,325 | -€95,426 | |
| Operating profit (loss) | 9901 | €55,741 | -€46,304 | -€102,045 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €106 | €2,538 | +€2,432 | +2301.7% |
| Recurring financial charges | 65 | €106 | €2,538 | +€2,432 | +2301.7% |
| Profit (loss) for the period before taxes | 9903 | €55,635 | -€48,832 | -€104,467 | |
| Income taxes | 67/77 | €16,971 | €374 | -€16,597 | -97.8% |
| Profit (loss) for the period | 9904 | €38,664 | -€49,206 | -€87,871 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,664 | -€49,206 | -€87,871 |
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 9 October 2026 via checked.be.