Benoit Forêt: what changed
Two fiscal 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 Forêt
Largest movements
- Deferred charges and accrued income +€19,312
up €19,312 (+73.5%), from €26,290 to €45,602
- Receivables within one year +€5,515
up €5,515 (+8330.3%), from €66 to €5,581
of which Trade receivables: +€4,184
- Cash +€4,214
up €4,214 (+29.0%), from €14,553 to €18,767
mainly Net result for the year (+€59,216) and Other debts (+€31,675)
- Other debts +€31,675
up €31,675 (+139.9%), from €22,640 to €54,315
- Tax, wage and social debts -€6,246
down €6,246 (-34.1%), from €18,325 to €12,080
- Trade debts +€3,125
up €3,125 (+468.5%), from €667 to €3,792
- Gross operating margin -€4,945
down €4,945 (-5.9%), from €83,288 to €78,343
- Taxes -€1,922
down €1,922 (-10.5%), from €18,343 to €16,421
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.
Cash bridge derived
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 | €41,733 | €70,287 | +€28,554 | +68.4% |
| Fixed assets | 21/28 | €824 | €337 | -€487 | -59.1% |
| Tangible fixed assets | 22/27 | €824 | €337 | -€487 | -59.1% |
| Plant, machinery and equipment | 23 | €573 | €143 | -€430 | -75.1% |
| Furniture and vehicles | 24 | €251 | €195 | -€56 | -22.4% |
| Current assets | 29/58 | €40,909 | €69,949 | +€29,041 | +71.0% |
| Amounts receivable within one year | 40/41 | €66 | €5,581 | +€5,515 | +8330.3% |
| Trade receivables | 40 | €66 | €4,250 | +€4,184 | +6319.9% |
| Other amounts receivable | 41 | €0 | €1,331 | +€1,331 | |
| Cash at bank and in hand | 54/58 | €14,553 | €18,767 | +€4,214 | +29.0% |
| Deferred charges and accrued income | 490/1 | €26,290 | €45,602 | +€19,312 | +73.5% |
| Total equity and liabilities | 10/49 | €41,733 | €70,287 | +€28,554 | +68.4% |
| Equity | 10/15 | €100 | €100 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,633 | €70,187 | +€28,554 | +68.6% |
| Amounts payable within one year | 42/48 | €41,633 | €70,187 | +€28,554 | +68.6% |
| Trade debts | 44 | €667 | €3,792 | +€3,125 | +468.5% |
| Suppliers | 440/4 | €667 | €3,792 | +€3,125 | +468.5% |
| Taxes, remuneration and social security | 45 | €18,325 | €12,080 | -€6,246 | -34.1% |
| Taxes | 450/3 | €18,325 | €12,080 | -€6,246 | -34.1% |
| Other amounts payable | 47/48 | €22,640 | €54,315 | +€31,675 | +139.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €796 | €487 | -€309 | -38.9% |
| Other operating charges | 640/8 | €462 | €919 | +€457 | +98.8% |
| Gross operating margin | 9900 | €83,288 | €78,343 | -€4,945 | -5.9% |
| Operating profit (loss) | 9901 | €82,030 | €76,937 | -€5,092 | -6.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1000.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1000.0% |
| Financial charges | 65/66B | €1,185 | €1,301 | +€115 | +9.7% |
| Recurring financial charges | 65 | €1,185 | €1,301 | +€115 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €80,845 | €75,637 | -€5,208 | -6.4% |
| Income taxes | 67/77 | €18,343 | €16,421 | -€1,922 | -10.5% |
| Profit (loss) for the period | 9904 | €62,502 | €59,216 | -€3,286 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,502 | €59,216 | -€3,286 | -5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.