BENOIT DECHAMPS: 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 DECHAMPS
Largest movements
- Tangible fixed assets -€59,359
down €59,359 (-11.8%), from €501,407 to €442,047
of which Land and buildings: -€40,141
- Cash +€32,494
up €32,494 (+358%), from €9,072 to €41,566
mainly Depreciation (+€60,477) and Net result for the year (+€16,677)
- Receivables within one year -€12,716
down €12,716 (-46.5%), from €27,349 to €14,632
- Deferred charges and accrued income -€7,249
down €7,249 (-89.9%), from €8,064 to €816
- Other debts -€33,062
down €33,062 (-31.9%), from €103,674 to €70,612
- Current portion of long-term debt -€18,776
down €18,776 (-83.2%), from €22,573 to €3,798
- Reserves +€16,677
up €16,677 (+897%), from €1,860 to €18,537
of which Distributable reserves: +€16,677
- Trade debts -€7,976
no longer reported in 2025 (was €7,976)
- Debts after one year -€5,705
no longer reported in 2025 (was €5,705)
- Gross operating margin +€54,333
up €54,333 (+154%), from €35,240 to €89,573
- Depreciation -€4,497
down €4,497 (-6.9%), from €64,974 to €60,477
- Taxes +€1,953
up €1,953 (+525%), from €372 to €2,325
- Other operating charges +€1,306
up €1,306 (+15.6%), from €8,383 to €9,688
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 | €546,492 | €499,662 | -€46,831 | -8.6% |
| Fixed assets | 21/28 | €502,007 | €442,647 | -€59,359 | -11.8% |
| Tangible fixed assets | 22/27 | €501,407 | €442,047 | -€59,359 | -11.8% |
| Land and buildings | 22 | €481,210 | €441,069 | -€40,141 | -8.3% |
| Furniture and vehicles | 24 | €20,196 | €978 | -€19,218 | -95.2% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €44,485 | €57,014 | +€12,529 | +28.2% |
| Amounts receivable within one year | 40/41 | €27,349 | €14,632 | -€12,716 | -46.5% |
| Other amounts receivable | 41 | €27,349 | €14,632 | -€12,716 | -46.5% |
| Cash at bank and in hand | 54/58 | €9,072 | €41,566 | +€32,494 | +358% |
| Deferred charges and accrued income | 490/1 | €8,064 | €816 | -€7,249 | -89.9% |
| Total equity and liabilities | 10/49 | €546,492 | €499,662 | -€46,831 | -8.6% |
| Equity | 10/15 | €404,294 | €420,971 | +€16,677 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €18,537 | +€16,677 | +897% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €16,677 | +€16,677 | |
| Profit (loss) carried forward | 14 | €383,834 | €383,834 | = | 0.0% |
| Amounts payable | 17/49 | €142,198 | €78,691 | -€63,507 | -44.7% |
| Amounts payable after more than one year | 17 | €5,705 | - | -€5,705 | |
| Financial debts | 170/4 | €5,705 | - | -€5,705 | |
| Amounts payable within one year | 42/48 | €136,493 | €78,691 | -€57,803 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €22,573 | €3,798 | -€18,776 | -83.2% |
| Trade debts | 44 | €7,976 | - | -€7,976 | |
| Suppliers | 440/4 | €7,976 | - | -€7,976 | |
| Taxes, remuneration and social security | 45 | €2,271 | €4,281 | +€2,010 | +88.5% |
| Taxes | 450/3 | €2,271 | €4,281 | +€2,010 | +88.5% |
| Other amounts payable | 47/48 | €103,674 | €70,612 | -€33,062 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,974 | €60,477 | -€4,497 | -6.9% |
| Other operating charges | 640/8 | €8,383 | €9,688 | +€1,306 | +15.6% |
| Gross operating margin | 9900 | €35,240 | €89,573 | +€54,333 | +154% |
| Operating profit (loss) | 9901 | -€38,117 | €19,407 | +€57,525 | |
| Financial income | 75/76B | €15 | €21 | +€6 | +40.6% |
| Recurring financial income | 75 | €15 | €21 | +€6 | +40.6% |
| Financial charges | 65/66B | €1,010 | €427 | -€583 | -57.7% |
| Recurring financial charges | 65 | €1,010 | €427 | -€583 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,112 | €19,002 | +€58,114 | |
| Income taxes | 67/77 | €372 | €2,325 | +€1,953 | +525% |
| Profit (loss) for the period | 9904 | -€39,484 | €16,677 | +€56,161 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,484 | €16,677 | +€56,161 |
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 13 October 2026 via checked.be.