BENOIT EN BERNARD DEWITTE: 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 EN BERNARD DEWITTE
Largest movements
- Tangible fixed assets -€57,785
down €57,785 (-15.8%), from €365,785 to €307,999
of which Furniture and vehicles: -€30,889
- Cash +€32,481
up €32,481 (+7.8%), from €416,020 to €448,502
mainly Other debts (+€99,884) and Net result for the year (+€82,116)
- Receivables within one year -€14,541
down €14,541 (-70.4%), from €20,646 to €6,105
of which Other amounts receivable: -€15,616
- Reserves -€127,995
down €127,995 (-22.7%), from €564,957 to €436,962
- Other debts +€99,884
up €99,884 (+1,072%), from €9,320 to €109,204
- Debts after one year -€25,468
down €25,468 (-24.4%), from €104,247 to €78,779
- Short-term financial debts +€13,490
up €13,490, from €0 to €13,490
- Staff costs -€68,251
down €68,251 (-15.7%), from €433,502 to €365,251
- Gross operating margin -€61,258
down €61,258 (-9.5%), from €647,621 to €586,363
- Depreciation +€34,310
up €34,310 (+75.1%), from €45,702 to €80,012
- Financial income -€7,805
down €7,805 (-77.9%), from €10,021 to €2,216
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 | €850,374 | €802,556 | -€47,818 | -5.6% |
| Fixed assets | 21/28 | €365,785 | €307,999 | -€57,785 | -15.8% |
| Tangible fixed assets | 22/27 | €365,785 | €307,999 | -€57,785 | -15.8% |
| Plant, machinery and equipment | 23 | €188,282 | €161,386 | -€26,896 | -14.3% |
| Furniture and vehicles | 24 | €177,502 | €146,613 | -€30,889 | -17.4% |
| Current assets | 29/58 | €484,590 | €494,557 | +€9,967 | +2.1% |
| Stocks and contracts in progress | 3 | €41,647 | €33,883 | -€7,764 | -18.6% |
| Stocks | 30/36 | €41,647 | €33,883 | -€7,764 | -18.6% |
| Amounts receivable within one year | 40/41 | €20,646 | €6,105 | -€14,541 | -70.4% |
| Trade receivables | 40 | €1,400 | €2,475 | +€1,075 | +76.8% |
| Other amounts receivable | 41 | €19,246 | €3,630 | -€15,616 | -81.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €416,020 | €448,502 | +€32,481 | +7.8% |
| Deferred charges and accrued income | 490/1 | €6,277 | €6,067 | -€210 | -3.3% |
| Total equity and liabilities | 10/49 | €850,374 | €802,556 | -€47,818 | -5.6% |
| Equity | 10/15 | €583,557 | €455,562 | -€127,995 | -21.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €564,957 | €436,962 | -€127,995 | -22.7% |
| Distributable reserves | 133 | €564,957 | €436,962 | -€127,995 | -22.7% |
| Amounts payable | 17/49 | €266,818 | €346,994 | +€80,176 | +30.0% |
| Amounts payable after more than one year | 17 | €104,247 | €78,779 | -€25,468 | -24.4% |
| Financial debts | 170/4 | €104,247 | €78,779 | -€25,468 | -24.4% |
| Amounts payable within one year | 42/48 | €151,211 | €255,584 | +€104,373 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | €24,718 | €25,468 | +€750 | +3.0% |
| Financial debts | 43 | €0 | €13,490 | +€13,490 | |
| Credit institutions | 430/8 | €0 | €13,490 | +€13,490 | |
| Trade debts | 44 | €58,359 | €49,923 | -€8,436 | -14.5% |
| Suppliers | 440/4 | €58,359 | €49,923 | -€8,436 | -14.5% |
| Taxes, remuneration and social security | 45 | €58,814 | €57,499 | -€1,315 | -2.2% |
| Taxes | 450/3 | €13,748 | €18,139 | +€4,391 | +31.9% |
| Remuneration and social security | 454/9 | €45,066 | €39,361 | -€5,705 | -12.7% |
| Other amounts payable | 47/48 | €9,320 | €109,204 | +€99,884 | +1,072% |
| Accrued charges and deferred income | 492/3 | €11,360 | €12,632 | +€1,271 | +11.2% |
| Non-recurring operating income | 76A | €413 | €0 | -€413 | -100% |
| Remuneration, social security and pensions | 62 | €433,502 | €365,251 | -€68,251 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,702 | €80,012 | +€34,310 | +75.1% |
| Other operating charges | 640/8 | €5,942 | €8,807 | +€2,865 | +48.2% |
| Non-recurring operating charges | 66A | €42,580 | €0 | -€42,580 | -100% |
| Gross operating margin | 9900 | €647,621 | €586,363 | -€61,258 | -9.5% |
| Operating profit (loss) | 9901 | €119,894 | €132,293 | +€12,399 | +10.3% |
| Financial income | 75/76B | €10,021 | €2,216 | -€7,805 | -77.9% |
| Recurring financial income | 75 | €10,021 | €2,216 | -€7,805 | -77.9% |
| Financial charges | 65/66B | €15,048 | €15,081 | +€33 | +0.2% |
| Recurring financial charges | 65 | €15,048 | €15,081 | +€33 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €114,867 | €119,429 | +€4,561 | +4.0% |
| Income taxes | 67/77 | €33,734 | €37,313 | +€3,579 | +10.6% |
| Profit (loss) for the period | 9904 | €81,134 | €82,116 | +€982 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €81,134 | €82,116 | +€982 | +1.2% |
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.