BENOIT CHARLIER MANAGEMENT: 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.
BENOIT CHARLIER MANAGEMENT
Largest movements
- Cash -€22,417
down €22,417 (-13.3%), from €168,501 to €146,084
mainly Other debts (-€176,113) and Current portion of long-term debt (-€4,551)
- Receivables within one year -€14,664
down €14,664 (-100%), from €14,664 to €0
- Tangible fixed assets -€5,246
down €5,246 (-29.1%), from €18,018 to €12,772
of which Furniture and vehicles: -€2,860
- Other debts -€176,113
down €176,113 (-97.9%), from €179,834 to €3,721
- Profit (loss) carried forward +€134,945
up €134,945 (+1,367%), from €9,875 to €144,820
- Current portion of long-term debt -€4,551
down €4,551 (-74.8%), from €6,082 to €1,531
- Tax, wage and social debts +€2,599
up €2,599 (+108%), from €2,400 to €4,999
- Trade debts +€2,325
up €2,325, from €0 to €2,325
- Financial income -€53,695
down €53,695 (-99.9%), from €53,775 to €80
- Gross operating margin -€8,829
down €8,829 (-4.6%), from €193,933 to €185,104
- Depreciation -€8,403
down €8,403 (-61.6%), from €13,649 to €5,246
- Other operating charges -€2,060
down €2,060 (-50.0%), from €4,119 to €2,059
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 | €202,183 | €159,856 | -€42,326 | -20.9% |
| Fixed assets | 21/28 | €19,018 | €13,772 | -€5,246 | -27.6% |
| Tangible fixed assets | 22/27 | €18,018 | €12,772 | -€5,246 | -29.1% |
| Plant, machinery and equipment | 23 | €15,158 | €12,772 | -€2,386 | -15.7% |
| Furniture and vehicles | 24 | €2,860 | €0 | -€2,860 | -100% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €183,165 | €146,084 | -€37,080 | -20.2% |
| Amounts receivable within one year | 40/41 | €14,664 | €0 | -€14,664 | -100% |
| Other amounts receivable | 41 | €14,664 | €0 | -€14,664 | -100% |
| Cash at bank and in hand | 54/58 | €168,501 | €146,084 | -€22,417 | -13.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €202,183 | €159,856 | -€42,326 | -20.9% |
| Equity | 10/15 | €12,335 | €147,280 | +€134,945 | +1,094% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,875 | €144,820 | +€134,945 | +1,367% |
| Amounts payable | 17/49 | €189,847 | €12,576 | -€177,271 | -93.4% |
| Amounts payable after more than one year | 17 | €1,531 | €0 | -€1,531 | -100% |
| Financial debts | 170/4 | €1,531 | €0 | -€1,531 | -100% |
| Amounts payable within one year | 42/48 | €188,316 | €12,576 | -€175,740 | -93.3% |
| Current portion of amounts payable after more than one year | 42 | €6,082 | €1,531 | -€4,551 | -74.8% |
| Trade debts | 44 | €0 | €2,325 | +€2,325 | |
| Suppliers | 440/4 | €0 | €2,325 | +€2,325 | |
| Taxes, remuneration and social security | 45 | €2,400 | €4,999 | +€2,599 | +108% |
| Taxes | 450/3 | €2,400 | €4,999 | +€2,599 | +108% |
| Other amounts payable | 47/48 | €179,834 | €3,721 | -€176,113 | -97.9% |
| Non-recurring operating income | 76A | €4,857 | €0 | -€4,857 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,649 | €5,246 | -€8,403 | -61.6% |
| Other operating charges | 640/8 | €4,119 | €2,059 | -€2,060 | -50.0% |
| Gross operating margin | 9900 | €193,933 | €185,104 | -€8,829 | -4.6% |
| Operating profit (loss) | 9901 | €176,164 | €177,799 | +€1,634 | +0.9% |
| Financial income | 75/76B | €53,775 | €80 | -€53,695 | -99.9% |
| Recurring financial income | 75 | €53,775 | €80 | -€53,695 | -99.9% |
| Financial charges | 65/66B | €1,031 | €335 | -€695 | -67.5% |
| Recurring financial charges | 65 | €1,031 | €335 | -€695 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | €228,909 | €177,544 | -€51,365 | -22.4% |
| Income taxes | 67/77 | €41,336 | €42,599 | +€1,262 | +3.1% |
| Profit (loss) for the period | 9904 | €187,572 | €134,945 | -€52,627 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €187,572 | €134,945 | -€52,627 | -28.1% |
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 14 October 2026 via checked.be.