BENOLKA: 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.
BENOLKA
Largest movements
- Receivables within one year +€356,016
up €356,016 (+164.7%), from €216,144 to €572,160
of which Trade receivables: +€340,140
- Tangible fixed assets +€84,023
up €84,023 (+11.6%), from €725,440 to €809,463
of which Furniture and vehicles: +€131,459
- Cash -€49,677
down €49,677 (-86.7%), from €57,310 to €7,633
mainly Receivables within one year (-€356,016) and Investment in fixed assets (net) (-€152,085)
- Deferred charges and accrued income -€21,939
down €21,939 (-81.0%), from €27,070 to €5,132
- Advances received +€478,200
up €478,200 (+213.4%), from €224,120 to €702,320
- Current portion of long-term debt -€54,062
down €54,062 (-51.8%), from €104,452 to €50,390
- Profit (loss) carried forward -€29,748
down €29,748 (-6.9%), from €429,400 to €399,652
- Tax, wage and social debts -€29,199
down €29,199 (-93.0%), from €31,407 to €2,208
of which Taxes: -€18,199
- Gross operating margin -€65,431
down €65,431 (-43.4%), from €150,652 to €85,222
- Financial charges -€22,221
down €22,221 (-51.8%), from €42,885 to €20,664
of which Non-recurring financial charges: -€21,622
- Taxes -€10,603
down €10,603 (-81.0%), from €13,089 to €2,486
- Depreciation +€9,898
up €9,898 (+17.0%), from €58,165 to €68,062
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,273,701 | €1,658,591 | +€384,890 | +30.2% |
| Fixed assets | 21/28 | €924,377 | €1,008,400 | +€84,023 | +9.1% |
| Tangible fixed assets | 22/27 | €725,440 | €809,463 | +€84,023 | +11.6% |
| Land and buildings | 22 | €608,645 | €584,570 | -€24,075 | -4.0% |
| Plant, machinery and equipment | 23 | €38,399 | €30,587 | -€7,811 | -20.3% |
| Furniture and vehicles | 24 | €44,782 | €176,242 | +€131,459 | +293.6% |
| Leasing and similar rights | 25 | €33,615 | €18,064 | -€15,550 | -46.3% |
| Financial fixed assets | 28 | €198,937 | €198,937 | = | 0.0% |
| Current assets | 29/58 | €349,324 | €650,191 | +€300,867 | +86.1% |
| Amounts receivable after more than one year | 29 | €48,800 | €48,800 | = | 0.0% |
| Trade receivables | 290 | €48,800 | €48,800 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €16,466 | +€16,466 | |
| Stocks | 30/36 | - | €16,466 | +€16,466 | |
| Amounts receivable within one year | 40/41 | €216,144 | €572,160 | +€356,016 | +164.7% |
| Trade receivables | 40 | €187,354 | €527,494 | +€340,140 | +181.5% |
| Other amounts receivable | 41 | €28,790 | €44,666 | +€15,876 | +55.1% |
| Cash at bank and in hand | 54/58 | €57,310 | €7,633 | -€49,677 | -86.7% |
| Deferred charges and accrued income | 490/1 | €27,070 | €5,132 | -€21,939 | -81.0% |
| Total equity and liabilities | 10/49 | €1,273,701 | €1,658,591 | +€384,890 | +30.2% |
| Equity | 10/15 | €534,527 | €504,779 | -€29,748 | -5.6% |
| Contributions | 10/11 | €69,867 | €69,867 | = | 0.0% |
| Reserves | 13 | €35,260 | €35,260 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,831 | €29,831 | = | 0.0% |
| Distributable reserves | 133 | €5,429 | €5,429 | = | 0.0% |
| Profit (loss) carried forward | 14 | €429,400 | €399,652 | -€29,748 | -6.9% |
| Amounts payable | 17/49 | €739,174 | €1,153,812 | +€414,638 | +56.1% |
| Amounts payable after more than one year | 17 | €295,832 | €309,516 | +€13,685 | +4.6% |
| Financial debts | 170/4 | €295,832 | €309,516 | +€13,685 | +4.6% |
| Amounts payable within one year | 42/48 | €443,343 | €844,296 | +€400,953 | +90.4% |
| Current portion of amounts payable after more than one year | 42 | €104,452 | €50,390 | -€54,062 | -51.8% |
| Trade debts | 44 | €70,060 | €76,917 | +€6,857 | +9.8% |
| Suppliers | 440/4 | €70,060 | €76,917 | +€6,857 | +9.8% |
| Advances received on contracts in progress | 46 | €224,120 | €702,320 | +€478,200 | +213.4% |
| Taxes, remuneration and social security | 45 | €31,407 | €2,208 | -€29,199 | -93.0% |
| Taxes | 450/3 | €20,407 | €2,208 | -€18,199 | -89.2% |
| Remuneration and social security | 454/9 | €11,000 | - | -€11,000 | |
| Other amounts payable | 47/48 | €13,303 | €12,461 | -€842 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,165 | €68,062 | +€9,898 | +17.0% |
| Other operating charges | 640/8 | €13,477 | €13,057 | -€420 | -3.1% |
| Non-recurring operating charges | 66A | - | €10,700 | +€10,700 | |
| Gross operating margin | 9900 | €150,652 | €85,222 | -€65,431 | -43.4% |
| Operating profit (loss) | 9901 | €79,010 | -€6,598 | -€85,608 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €42,885 | €20,664 | -€22,221 | -51.8% |
| Recurring financial charges | 65 | €21,263 | €20,664 | -€599 | -2.8% |
| Non-recurring financial charges | 66B | €21,622 | - | -€21,622 | |
| Profit (loss) for the period before taxes | 9903 | €36,126 | -€27,262 | -€63,388 | |
| Income taxes | 67/77 | €13,089 | €2,486 | -€10,603 | -81.0% |
| Profit (loss) for the period | 9904 | €23,036 | -€29,748 | -€52,784 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,036 | -€29,748 | -€52,784 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.