BENMAN: 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.
BENMAN
Largest movements
- Cash +€80,363
up €80,363 (+129.0%), from €62,300 to €142,663
mainly Net result for the year (+€157,018) and Other debts (+€86,608)
- Receivables within one year -€4,373
down €4,373 (-12.5%), from €35,009 to €30,636
of which Trade receivables: -€35,000
- Other debts +€86,608
up €86,608 (+115.5%), from €75,000 to €161,608
- Tax, wage and social debts -€9,943
down €9,943 (-50.7%), from €19,629 to €9,686
of which Remuneration and social security: -€5,568
- Profit (loss) carried forward -€2,847
down €2,847 (-26.1%), from €10,911 to €8,064
- Gross operating margin +€105,986
up €105,986 (+104.5%), from €101,453 to €207,439
- Taxes +€26,032
up €26,032 (+128.0%), from €20,333 to €46,364
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 | €111,570 | €185,362 | +€73,792 | +66.1% |
| Fixed assets | 21/28 | €12,572 | €12,064 | -€508 | -4.0% |
| Tangible fixed assets | 22/27 | €12,572 | €12,064 | -€508 | -4.0% |
| Land and buildings | 22 | €4,993 | €4,268 | -€725 | -14.5% |
| Plant, machinery and equipment | 23 | €2,476 | €1,914 | -€563 | -22.7% |
| Furniture and vehicles | 24 | €5,103 | €5,882 | +€780 | +15.3% |
| Current assets | 29/58 | €98,999 | €173,298 | +€74,300 | +75.1% |
| Amounts receivable within one year | 40/41 | €35,009 | €30,636 | -€4,373 | -12.5% |
| Trade receivables | 40 | €35,000 | - | -€35,000 | |
| Other amounts receivable | 41 | €9 | €30,636 | +€30,627 | +340295.0% |
| Cash at bank and in hand | 54/58 | €62,300 | €142,663 | +€80,363 | +129.0% |
| Deferred charges and accrued income | 490/1 | €1,690 | - | -€1,690 | |
| Total equity and liabilities | 10/49 | €111,570 | €185,362 | +€73,792 | +66.1% |
| Equity | 10/15 | €14,911 | €12,064 | -€2,847 | -19.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,911 | €8,064 | -€2,847 | -26.1% |
| Amounts payable | 17/49 | €96,659 | €173,298 | +€76,639 | +79.3% |
| Amounts payable within one year | 42/48 | €95,627 | €172,858 | +€77,232 | +80.8% |
| Trade debts | 44 | €998 | €1,565 | +€566 | +56.7% |
| Suppliers | 440/4 | €998 | €1,565 | +€566 | +56.7% |
| Taxes, remuneration and social security | 45 | €19,629 | €9,686 | -€9,943 | -50.7% |
| Taxes | 450/3 | €12,061 | €7,686 | -€4,375 | -36.3% |
| Remuneration and social security | 454/9 | €7,568 | €2,000 | -€5,568 | -73.6% |
| Other amounts payable | 47/48 | €75,000 | €161,608 | +€86,608 | +115.5% |
| Accrued charges and deferred income | 492/3 | €1,033 | €440 | -€593 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,442 | €2,895 | +€453 | +18.6% |
| Other operating charges | 640/8 | €760 | €705 | -€55 | -7.2% |
| Gross operating margin | 9900 | €101,453 | €207,439 | +€105,986 | +104.5% |
| Operating profit (loss) | 9901 | €98,251 | €203,838 | +€105,587 | +107.5% |
| Financial income | 75/76B | €10 | €1 | -€9 | -89.9% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -89.9% |
| Financial charges | 65/66B | €171 | €457 | +€286 | +167.3% |
| Recurring financial charges | 65 | €171 | €457 | +€286 | +167.3% |
| Profit (loss) for the period before taxes | 9903 | €98,090 | €203,382 | +€105,292 | +107.3% |
| Income taxes | 67/77 | €20,333 | €46,364 | +€26,032 | +128.0% |
| Profit (loss) for the period | 9904 | €77,757 | €157,018 | +€79,261 | +101.9% |
| Profit (loss) for the period to be appropriated | 9905 | €77,757 | €157,018 | +€79,261 | +101.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.