BENOIT THOMAS, AVOCAT: 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 THOMAS, AVOCAT
Largest movements
- Tangible fixed assets +€2,731
up €2,731 (+117%), from €2,343 to €5,074
of which Land and buildings: +€3,598
- Deferred charges and accrued income +€2,700
up €2,700 (+777%), from €348 to €3,047
- Cash -€2,291
down €2,291 (-37.6%), from €6,091 to €3,800
mainly Other debts (-€4,404) and Investment in fixed assets (net) (-€3,796)
- Receivables within one year -€1,119
no longer reported in 2025 (was €1,119)
of which Trade receivables: -€1,114
- Profit (loss) carried forward +€6,092
up €6,092 (+61.1%), from -€9,964 to -€3,872
- Other debts -€4,404
down €4,404 (-43.0%), from €10,234 to €5,830
- Tax, wage and social debts +€960
up €960 (+17.0%), from €5,645 to €6,605
of which Taxes: +€1,210
- Trade debts -€742
down €742 (-57.8%), from €1,284 to €542
- Gross operating margin +€2,714
up €2,714 (+26.3%), from €10,302 to €13,016
- Taxes +€2,138
up €2,138 (+589%), from €363 to €2,502
- Financial charges -€1,656
down €1,656 (-36.7%), from €4,513 to €2,857
- Other operating charges +€403
up €403 (+413%), from €98 to €501
- Depreciation +€342
up €342 (+47.3%), from €723 to €1,065
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 | €9,900 | €11,922 | +€2,022 | +20.4% |
| Fixed assets | 21/28 | €2,343 | €5,074 | +€2,731 | +117% |
| Tangible fixed assets | 22/27 | €2,343 | €5,074 | +€2,731 | +117% |
| Land and buildings | 22 | - | €3,598 | +€3,598 | |
| Furniture and vehicles | 24 | €1,479 | €902 | -€577 | -39.0% |
| Other tangible fixed assets | 26 | €864 | €574 | -€289 | -33.5% |
| Current assets | 29/58 | €7,557 | €6,848 | -€710 | -9.4% |
| Amounts receivable within one year | 40/41 | €1,119 | - | -€1,119 | |
| Trade receivables | 40 | €1,114 | - | -€1,114 | |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €6,091 | €3,800 | -€2,291 | -37.6% |
| Deferred charges and accrued income | 490/1 | €348 | €3,047 | +€2,700 | +777% |
| Total equity and liabilities | 10/49 | €9,900 | €11,922 | +€2,022 | +20.4% |
| Equity | 10/15 | -€7,464 | -€1,372 | +€6,092 | +81.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,964 | -€3,872 | +€6,092 | +61.1% |
| Amounts payable | 17/49 | €17,364 | €13,294 | -€4,070 | -23.4% |
| Amounts payable within one year | 42/48 | €17,164 | €12,978 | -€4,186 | -24.4% |
| Trade debts | 44 | €1,284 | €542 | -€742 | -57.8% |
| Suppliers | 440/4 | €1,284 | €542 | -€742 | -57.8% |
| Taxes, remuneration and social security | 45 | €5,645 | €6,605 | +€960 | +17.0% |
| Taxes | 450/3 | €2,745 | €3,955 | +€1,210 | +44.1% |
| Remuneration and social security | 454/9 | €2,900 | €2,650 | -€250 | -8.6% |
| Other amounts payable | 47/48 | €10,234 | €5,830 | -€4,404 | -43.0% |
| Accrued charges and deferred income | 492/3 | €201 | €316 | +€115 | +57.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €723 | €1,065 | +€342 | +47.3% |
| Other operating charges | 640/8 | €98 | €501 | +€403 | +413% |
| Gross operating margin | 9900 | €10,302 | €13,016 | +€2,714 | +26.3% |
| Operating profit (loss) | 9901 | €9,482 | €11,451 | +€1,969 | +20.8% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €4,513 | €2,857 | -€1,656 | -36.7% |
| Recurring financial charges | 65 | €4,513 | €2,857 | -€1,656 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €4,969 | €8,594 | +€3,625 | +72.9% |
| Income taxes | 67/77 | €363 | €2,502 | +€2,138 | +589% |
| Profit (loss) for the period | 9904 | €4,606 | €6,092 | +€1,486 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,606 | €6,092 | +€1,486 | +32.3% |
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 17 October 2026 via checked.be.