BENPHISTEMA: 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.
BENPHISTEMA
Largest movements
- Receivables within one year -€2,959
down €2,959 (-94.4%), from €3,135 to €176
of which Trade receivables: -€2,872
- Cash +€91
up €91 (+20.0%), from €456 to €548
- Debts after one year +€8,828
up €8,828 (+49.4%), from €17,884 to €26,712
- Other debts -€7,592
no longer reported in 2025 (was €7,592)
- Profit (loss) carried forward -€4,146
down €4,146 (-11.4%), from -€36,325 to -€40,471
- Trade debts +€42
up €42 (+23.3%), from €181 to €223
- Gross operating margin -€1,081
down €1,081 (-330.4%), from -€327 to -€1,408
- Other operating charges -€348
no longer reported in 2025 (was €348)
- Financial charges +€19
up €19 (+14.2%), from €133 to €152
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,592 | €724 | -€2,868 | -79.8% |
| Current assets | 29/58 | €3,592 | €724 | -€2,868 | -79.8% |
| Amounts receivable within one year | 40/41 | €3,135 | €176 | -€2,959 | -94.4% |
| Trade receivables | 40 | €2,872 | - | -€2,872 | |
| Other amounts receivable | 41 | €264 | €176 | -€87 | -33.1% |
| Cash at bank and in hand | 54/58 | €456 | €548 | +€91 | +20.0% |
| Total equity and liabilities | 10/49 | €3,592 | €724 | -€2,868 | -79.8% |
| Equity | 10/15 | -€22,065 | -€26,211 | -€4,146 | -18.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,325 | -€40,471 | -€4,146 | -11.4% |
| Amounts payable | 17/49 | €25,657 | €26,935 | +€1,278 | +5.0% |
| Amounts payable after more than one year | 17 | €17,884 | €26,712 | +€8,828 | +49.4% |
| Other amounts payable | 178/9 | €17,884 | €26,712 | +€8,828 | +49.4% |
| Amounts payable within one year | 42/48 | €7,773 | €223 | -€7,550 | -97.1% |
| Trade debts | 44 | €181 | €223 | +€42 | +23.3% |
| Suppliers | 440/4 | €181 | €223 | +€42 | +23.3% |
| Other amounts payable | 47/48 | €7,592 | - | -€7,592 | |
| Non-recurring operating income | 76A | €2,000 | - | -€2,000 | |
| Other operating charges | 640/8 | €348 | - | -€348 | |
| Gross operating margin | 9900 | -€327 | -€1,408 | -€1,081 | -330.4% |
| Operating profit (loss) | 9901 | -€675 | -€1,408 | -€733 | -108.7% |
| Financial charges | 65/66B | €133 | €152 | +€19 | +14.2% |
| Recurring financial charges | 65 | €133 | €152 | +€19 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€807 | -€1,560 | -€752 | -93.2% |
| Profit (loss) for the period | 9904 | -€807 | -€1,560 | -€752 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€807 | -€1,560 | -€752 | -93.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.