Benmar: 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.
Benmar
Largest movements
- Tangible fixed assets -€254,973
down €254,973 (-6.0%), from €4.2m to €4.0m
of which Land and buildings: -€209,556
- Receivables within one year -€97,445
down €97,445 (-38.5%), from €253,071 to €155,626
of which Trade receivables: -€119,027
- Cash +€54,363
up €54,363 (+854.7%), from €6,361 to €60,723
mainly Depreciation (+€318,048) and Net result for the year (+€143,300)
- Debts after one year -€298,861
down €298,861 (-9.0%), from €3.3m to €3.0m
- Reserves +€127,157
up €127,157 (+23.0%), from €552,406 to €679,563
of which Distributable reserves: +€127,157
- Trade debts -€125,293
down €125,293 (-84.0%), from €149,227 to €23,934
- Gross operating margin +€281,680
up €281,680 (+48.0%), from €586,516 to €868,196
- Depreciation +€182,273
up €182,273 (+134.2%), from €135,775 to €318,048
- Taxes +€23,688
up €23,688 (+490.2%), from €4,832 to €28,520
- Financial income +€10,321
up €10,321 (+7311.2%), from €141 to €10,462
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 | €4,503,814 | €4,206,944 | -€296,870 | -6.6% |
| Fixed assets | 21/28 | €4,237,463 | €3,983,048 | -€254,416 | -6.0% |
| Tangible fixed assets | 22/27 | €4,235,223 | €3,980,250 | -€254,973 | -6.0% |
| Land and buildings | 22 | €3,726,257 | €3,516,701 | -€209,556 | -5.6% |
| Plant, machinery and equipment | 23 | €258,684 | €262,310 | +€3,627 | +1.4% |
| Furniture and vehicles | 24 | €100,000 | €96,528 | -€3,472 | -3.5% |
| Leasing and similar rights | 25 | €121,398 | €92,708 | -€28,690 | -23.6% |
| Other tangible fixed assets | 26 | €28,885 | €12,003 | -€16,882 | -58.4% |
| Financial fixed assets | 28 | €2,240 | €2,798 | +€558 | +24.9% |
| Current assets | 29/58 | €266,350 | €223,896 | -€42,454 | -15.9% |
| Amounts receivable within one year | 40/41 | €253,071 | €155,626 | -€97,445 | -38.5% |
| Trade receivables | 40 | €251,694 | €132,668 | -€119,027 | -47.3% |
| Other amounts receivable | 41 | €1,377 | €22,958 | +€21,581 | +1567.5% |
| Cash at bank and in hand | 54/58 | €6,361 | €60,723 | +€54,363 | +854.7% |
| Deferred charges and accrued income | 490/1 | €6,919 | €7,547 | +€628 | +9.1% |
| Total equity and liabilities | 10/49 | €4,503,814 | €4,206,944 | -€296,870 | -6.6% |
| Equity | 10/15 | €523,015 | €650,173 | +€127,157 | +24.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €552,406 | €679,563 | +€127,157 | +23.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €552,406 | €679,563 | +€127,157 | +23.0% |
| Profit (loss) carried forward | 14 | -€79,390 | -€79,390 | = | 0.0% |
| Amounts payable | 17/49 | €3,980,798 | €3,556,771 | -€424,027 | -10.7% |
| Amounts payable after more than one year | 17 | €3,311,058 | €3,012,197 | -€298,861 | -9.0% |
| Financial debts | 170/4 | €3,311,058 | €3,012,197 | -€298,861 | -9.0% |
| Amounts payable within one year | 42/48 | €669,740 | €544,574 | -€125,166 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €297,749 | €298,861 | +€1,113 | +0.4% |
| Financial debts | 43 | €148,280 | €148,280 | = | 0.0% |
| Credit institutions | 430/8 | €148,280 | €148,280 | = | 0.0% |
| Trade debts | 44 | €149,227 | €23,934 | -€125,293 | -84.0% |
| Suppliers | 440/4 | €149,227 | €23,934 | -€125,293 | -84.0% |
| Taxes, remuneration and social security | 45 | €40,169 | €41,889 | +€1,720 | +4.3% |
| Taxes | 450/3 | €18,105 | €20,460 | +€2,354 | +13.0% |
| Remuneration and social security | 454/9 | €22,064 | €21,429 | -€635 | -2.9% |
| Other amounts payable | 47/48 | €34,315 | €31,610 | -€2,705 | -7.9% |
| Remuneration, social security and pensions | 62 | €277,561 | €276,117 | -€1,444 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,775 | €318,048 | +€182,273 | +134.2% |
| Other operating charges | 640/8 | €59,567 | €60,307 | +€741 | +1.2% |
| Gross operating margin | 9900 | €586,516 | €868,196 | +€281,680 | +48.0% |
| Operating profit (loss) | 9901 | €113,613 | €213,723 | +€100,110 | +88.1% |
| Financial income | 75/76B | €141 | €10,462 | +€10,321 | +7311.2% |
| Recurring financial income | 75 | €141 | €10,462 | +€10,321 | +7311.2% |
| Financial charges | 65/66B | €60,171 | €52,365 | -€7,806 | -13.0% |
| Recurring financial charges | 65 | €60,171 | €52,365 | -€7,806 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €53,584 | €171,820 | +€118,236 | +220.7% |
| Income taxes | 67/77 | €4,832 | €28,520 | +€23,688 | +490.2% |
| Profit (loss) for the period | 9904 | €48,752 | €143,300 | +€94,549 | +193.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,752 | €143,300 | +€94,549 | +193.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.