BENOBA-ARTS: what changed
BENOBA-ARTS
Largest movements
- Tangible fixed assets +€175,532
up €175,532 (+3,296%), from €5,326 to €180,858
of which Land and buildings: +€172,283
- Current investments +€74,962
new in 2025: €74,962
- Cash -€43,971
down €43,971 (-18.0%), from €243,622 to €199,650
mainly Investment in fixed assets (net) (-€179,896) and Current investments (-€74,962)
- Receivables within one year +€5,209
up €5,209 (+362%), from €1,438 to €6,647
of which Other amounts receivable: +€6,647
- Other debts +€156,086
up €156,086 (+6,726%), from €2,321 to €158,407
- Reserves +€78,938
up €78,938 (+48.1%), from €164,260 to €243,198
- Tax, wage and social debts -€26,736
down €26,736 (-38.7%), from €69,150 to €42,414
- Other operating charges +€27,948
up €27,948 (+5,007%), from €558 to €28,506
- Taxes -€18,295
down €18,295 (-43.9%), from €41,663 to €23,367
- Staff costs +€4,549
up €4,549 (+286%), from €1,590 to €6,139
- Depreciation +€3,802
up €3,802 (+676%), from €563 to €4,364
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,216 | €462,351 | +€211,135 | +84.0% |
| Fixed assets | 21/28 | €5,326 | €180,858 | +€175,532 | +3,296% |
| Tangible fixed assets | 22/27 | €5,326 | €180,858 | +€175,532 | +3,296% |
| Land and buildings | 22 | - | €172,283 | +€172,283 | |
| Furniture and vehicles | 24 | €5,326 | €8,575 | +€3,249 | +61.0% |
| Current assets | 29/58 | €245,890 | €281,493 | +€35,604 | +14.5% |
| Amounts receivable within one year | 40/41 | €1,438 | €6,647 | +€5,209 | +362% |
| Trade receivables | 40 | €1,438 | €0 | -€1,438 | -100% |
| Other amounts receivable | 41 | - | €6,647 | +€6,647 | |
| Current investments | 50/53 | - | €74,962 | +€74,962 | |
| Cash at bank and in hand | 54/58 | €243,622 | €199,650 | -€43,971 | -18.0% |
| Deferred charges and accrued income | 490/1 | €830 | €233 | -€596 | -71.9% |
| Total equity and liabilities | 10/49 | €251,216 | €462,351 | +€211,135 | +84.0% |
| Equity | 10/15 | €169,260 | €248,198 | +€78,938 | +46.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €164,260 | €243,198 | +€78,938 | +48.1% |
| Distributable reserves | 133 | €164,260 | €243,198 | +€78,938 | +48.1% |
| Amounts payable | 17/49 | €81,955 | €214,153 | +€132,198 | +161% |
| Amounts payable within one year | 42/48 | €81,955 | €214,153 | +€132,198 | +161% |
| Trade debts | 44 | €10,484 | €13,332 | +€2,848 | +27.2% |
| Suppliers | 440/4 | €10,484 | €13,332 | +€2,848 | +27.2% |
| Taxes, remuneration and social security | 45 | €69,150 | €42,414 | -€26,736 | -38.7% |
| Taxes | 450/3 | €69,150 | €42,414 | -€26,736 | -38.7% |
| Other amounts payable | 47/48 | €2,321 | €158,407 | +€156,086 | +6,726% |
| Remuneration, social security and pensions | 62 | €1,590 | €6,139 | +€4,549 | +286% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €563 | €4,364 | +€3,802 | +676% |
| Other operating charges | 640/8 | €558 | €28,506 | +€27,948 | +5,007% |
| Gross operating margin | 9900 | €141,044 | €139,937 | -€1,108 | -0.8% |
| Operating profit (loss) | 9901 | €138,333 | €100,927 | -€37,406 | -27.0% |
| Financial income | 75/76B | €2,482 | €1,461 | -€1,021 | -41.1% |
| Recurring financial income | 75 | €2,482 | €1,461 | -€1,021 | -41.1% |
| Financial charges | 65/66B | €44 | €83 | +€40 | +91.6% |
| Recurring financial charges | 65 | €44 | €83 | +€40 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | €140,771 | €102,305 | -€38,467 | -27.3% |
| Income taxes | 67/77 | €41,663 | €23,367 | -€18,295 | -43.9% |
| Profit (loss) for the period | 9904 | €99,109 | €78,938 | -€20,171 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €99,109 | €78,938 | -€20,171 | -20.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.