BENOBOUW: 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.
BENOBOUW
Largest movements
- Stocks and contracts -€745,493
down €745,493 (-59.4%), from €1.3m to €509,149
- Cash +€137,078
up €137,078 (+77.9%), from €176,074 to €313,152
mainly Stocks and contracts (+€745,493) and Receivables within one year (+€107,780)
- Receivables within one year -€107,780
down €107,780 (-98.7%), from €109,171 to €1,391
of which Other amounts receivable: -€83,257
- Deferred charges and accrued income -€27,747
no longer reported in 2025 (was €27,747)
- Debts after one year -€728,334
down €728,334 (-51.0%), from €1.4m to €699,661
of which Financial debts: -€765,834
- Reserves -€49,368
down €49,368 (-49.6%), from €99,519 to €50,151
- Trade debts +€33,234
up €33,234 (+319%), from €10,434 to €43,668
- Gross operating margin -€95,928
down €95,928, from €86,731 to -€9,197
- Financial charges -€47,807
down €47,807 (-55.9%), from €85,559 to €37,752
- Financial income -€1,168
down €1,168 (-82.9%), from €1,409 to €241
- Other operating charges +€1,131
up €1,131 (+73.9%), from €1,530 to €2,661
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.
Derived cash bridge
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 | €1,567,634 | €823,692 | -€743,942 | -47.5% |
| Current assets | 29/58 | €1,567,634 | €823,692 | -€743,942 | -47.5% |
| Stocks and contracts in progress | 3 | €1,254,642 | €509,149 | -€745,493 | -59.4% |
| Stocks | 30/36 | €1,254,642 | €509,149 | -€745,493 | -59.4% |
| Amounts receivable within one year | 40/41 | €109,171 | €1,391 | -€107,780 | -98.7% |
| Trade receivables | 40 | €25,842 | €1,319 | -€24,523 | -94.9% |
| Other amounts receivable | 41 | €83,329 | €72 | -€83,257 | -99.9% |
| Cash at bank and in hand | 54/58 | €176,074 | €313,152 | +€137,078 | +77.9% |
| Deferred charges and accrued income | 490/1 | €27,747 | - | -€27,747 | |
| Total equity and liabilities | 10/49 | €1,567,634 | €823,692 | -€743,942 | -47.5% |
| Equity | 10/15 | €124,519 | €75,151 | -€49,368 | -39.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €99,519 | €50,151 | -€49,368 | -49.6% |
| Distributable reserves | 133 | €99,519 | €50,151 | -€49,368 | -49.6% |
| Amounts payable | 17/49 | €1,443,115 | €748,541 | -€694,574 | -48.1% |
| Amounts payable after more than one year | 17 | €1,427,995 | €699,661 | -€728,334 | -51.0% |
| Financial debts | 170/4 | €939,175 | €173,340 | -€765,834 | -81.5% |
| Other amounts payable | 178/9 | €488,821 | €526,321 | +€37,500 | +7.7% |
| Amounts payable within one year | 42/48 | €15,120 | €48,537 | +€33,417 | +221% |
| Current portion of amounts payable after more than one year | 42 | €4,504 | €4,688 | +€184 | +4.1% |
| Trade debts | 44 | €10,434 | €43,668 | +€33,234 | +319% |
| Suppliers | 440/4 | €10,434 | €43,668 | +€33,234 | +319% |
| Other amounts payable | 47/48 | €181 | €181 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €343 | +€343 | |
| Other operating charges | 640/8 | €1,530 | €2,661 | +€1,131 | +73.9% |
| Gross operating margin | 9900 | €86,731 | -€9,197 | -€95,928 | |
| Operating profit (loss) | 9901 | €85,201 | -€11,858 | -€97,059 | |
| Financial income | 75/76B | €1,409 | €241 | -€1,168 | -82.9% |
| Recurring financial income | 75 | €1,409 | €241 | -€1,168 | -82.9% |
| Financial charges | 65/66B | €85,559 | €37,752 | -€47,807 | -55.9% |
| Recurring financial charges | 65 | €85,559 | €37,752 | -€47,807 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €1,051 | -€49,368 | -€50,420 | |
| Income taxes | 67/77 | €264 | - | -€264 | |
| Profit (loss) for the period | 9904 | €787 | -€49,368 | -€50,156 | |
| Profit (loss) for the period to be appropriated | 9905 | €787 | -€49,368 | -€50,156 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.