BENS: 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.
What changed
BENS
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €1.7m+€238,280
Equity
€17.4m
2024 · €15.4m+€2.0m
Cash
€1.3m
2024 · €2.6m-€1.3m
Balance sheet total
€38.9m
2024 · €40.1m-€1.2m
Largest movements
Assets
- Receivables within one year -€2.4m
down €2.4m (-13.0%), from €18.6m to €16.2m
of which Other amounts receivable: -€1.9m
- Stocks and contracts +€1.7m
up €1.7m (+54.1%), from €3.1m to €4.8m
- Cash -€1.3m
down €1.3m (-51.0%), from €2.6m to €1.3m
mainly Short-term financial debts (-€4.3m) and Stocks and contracts (-€1.7m)
- Tangible fixed assets +€1.2m
up €1.2m (+50.7%), from €2.4m to €3.6m
Equity and liabilities
- Short-term financial debts -€4.3m
down €4.3m (-58.5%), from €7.4m to €3.1m
- Profit (loss) carried forward +€1.2m
up €1.2m (+8.5%), from €14.5m to €15.7m
- Trade debts +€1.2m
up €1.2m (+14.6%), from €8.2m to €9.4m
- Reserves +€745,718
up €745,718 (+332%), from €224,714 to €970,431
of which Tax-exempt reserves: +€745,718
Income statement
- Goods and materials -€14.4m
down €14.4m (-13.5%), from €106.5m to €92.1m
of which Purchases: -€14.2m
- Turnover -€10.3m
down €10.3m (-7.9%), from €131.0m to €120.7m
- Services and other goods +€3.3m
up €3.3m (+17.3%), from €19.2m to €22.5m
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.
Result 2024
€1.7m
Turnover
-€10.3m
Other operating income
+€67,127
Goods and materials
+€14.4m
Services and other goods
-€3.3m
Staff costs
-€569,356
Depreciation
-€48,484
Write-downs
-€33,967
Other operating charges
-€2,970
Other operating items
+€4,892
Financial income
-€29,416
Financial charges
+€107,145
Taxes
-€21,417
Deferred taxes and other
-€3,109
Result 2025
€2.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€4.1m
Investment
-€1.2m
Financing
-€4.3m
Cash 2024
€2.6m
From operations (derived)
+€4.1m
Net result for the year
+€2.0m
Depreciation
+€312,903
Stocks and contracts
-€1.7m
Receivables within one year
+€2.4m
Smaller working-capital items
-€1,592
Trade debts
+€1.2m
Tax, wage and social debts
+€273,998
Other debts
-€390,796
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
-€4.3m
Debts after one year
-€206,565
Current portion of long-term debt
+€263,597
Short-term financial debts
-€4.3m
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,118,825 | €38,913,293 | -€1.2m | -3.0% |
| Fixed assets | 21/28 | €15,860,929 | €16,711,932 | +€851,003 | +5.4% |
| Tangible fixed assets | 22/27 | €2,400,554 | €3,617,057 | +€1.2m | +50.7% |
| Land and buildings | 22 | €1,960,983 | €2,439,747 | +€478,764 | +24.4% |
| Plant, machinery and equipment | 23 | €262,994 | €364,733 | +€101,739 | +38.7% |
| Furniture and vehicles | 24 | €79,287 | €115,824 | +€36,537 | +46.1% |
| Leasing and similar rights | 25 | €97,290 | €696,753 | +€599,463 | +616% |
| Financial fixed assets | 28 | €13,460,375 | €13,094,875 | -€365,500 | -2.7% |
| Affiliated companies | 280/1 | €13,460,375 | €13,094,875 | -€365,500 | -2.7% |
| Participating interests | 280 | €13,460,375 | €13,094,875 | -€365,500 | -2.7% |
| Current assets | 29/58 | €24,257,896 | €22,201,361 | -€2.1m | -8.5% |
| Stocks and contracts in progress | 3 | €3,082,278 | €4,751,281 | +€1.7m | +54.1% |
| Stocks | 30/36 | €3,082,278 | €4,751,281 | +€1.7m | +54.1% |
| Raw materials and consumables | 30/31 | €354,073 | €327,236 | -€26,837 | -7.6% |
| Goods purchased for resale | 34 | €2,728,205 | €4,424,045 | +€1.7m | +62.2% |
| Amounts receivable within one year | 40/41 | €18,568,892 | €16,161,054 | -€2.4m | -13.0% |
| Trade receivables | 40 | €13,137,093 | €12,629,564 | -€507,529 | -3.9% |
| Other amounts receivable | 41 | €5,431,799 | €3,531,490 | -€1.9m | -35.0% |
| Cash at bank and in hand | 54/58 | €2,595,030 | €1,271,062 | -€1.3m | -51.0% |
| Deferred charges and accrued income | 490/1 | €11,696 | €17,965 | +€6,269 | +53.6% |
| Total equity and liabilities | 10/49 | €40,118,825 | €38,913,293 | -€1.2m | -3.0% |
| Equity | 10/15 | €15,420,490 | €17,399,973 | +€2.0m | +12.8% |
| Contributions | 10/11 | €681,298 | €681,298 | = | 0.0% |
| Capital | 10 | €681,298 | €681,298 | = | 0.0% |
| Issued capital | 100 | €681,298 | €681,298 | = | 0.0% |
| Reserves | 13 | €224,714 | €970,431 | +€745,718 | +332% |
| Non-distributable reserves | 130/1 | €70,361 | €70,361 | = | 0.0% |
| Legal reserve | 130 | €68,130 | €68,130 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,231 | €2,231 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,301 | €787,018 | +€745,718 | +1,806% |
| Distributable reserves | 133 | €113,052 | €113,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,514,478 | €15,748,244 | +€1.2m | +8.5% |
| Provisions and deferred taxes | 16 | €835,654 | €831,600 | -€4,054 | -0.5% |
| Provisions for liabilities and charges | 160/5 | €831,600 | €831,600 | = | 0.0% |
| Other liabilities and charges | 164/5 | €831,600 | €831,600 | = | 0.0% |
| Deferred taxes | 168 | €4,054 | - | -€4,054 | |
| Amounts payable | 17/49 | €23,862,681 | €20,681,720 | -€3.2m | -13.3% |
| Amounts payable after more than one year | 17 | €4,975,536 | €4,768,971 | -€206,565 | -4.2% |
| Financial debts | 170/4 | €4,975,536 | €4,768,971 | -€206,565 | -4.2% |
| Leasing and similar obligations | 172 | €77,489 | €604,546 | +€527,057 | +680% |
| Credit institutions | 173 | €4,898,047 | €4,164,425 | -€733,622 | -15.0% |
| Amounts payable within one year | 42/48 | €18,670,844 | €15,687,717 | -€3.0m | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €1,586,800 | €1,850,397 | +€263,597 | +16.6% |
| Financial debts | 43 | €7,398,658 | €3,071,441 | -€4.3m | -58.5% |
| Credit institutions | 430/8 | €7,398,658 | €3,071,441 | -€4.3m | -58.5% |
| Trade debts | 44 | €8,224,710 | €9,422,002 | +€1.2m | +14.6% |
| Suppliers | 440/4 | €8,224,710 | €9,422,002 | +€1.2m | +14.6% |
| Taxes, remuneration and social security | 45 | €466,265 | €740,263 | +€273,998 | +58.8% |
| Taxes | 450/3 | €209,141 | €407,920 | +€198,778 | +95.0% |
| Remuneration and social security | 454/9 | €257,124 | €332,343 | +€75,219 | +29.3% |
| Other amounts payable | 47/48 | €994,410 | €603,614 | -€390,796 | -39.3% |
| Accrued charges and deferred income | 492/3 | €216,301 | €225,032 | +€8,730 | +4.0% |
| Operating income | 70/76A | €131,077,719 | €120,829,479 | -€10.2m | -7.8% |
| Turnover | 70 | €131,045,497 | €120,730,130 | -€10.3m | -7.9% |
| Other operating income | 74 | €32,222 | €99,349 | +€67,127 | +208% |
| Operating charges | 60/66A | €127,956,188 | €117,522,871 | -€10.4m | -8.2% |
| Goods for resale, raw materials and consumables | 60 | €106,475,621 | €92,066,312 | -€14.4m | -13.5% |
| Purchases | 600/8 | €107,958,732 | €93,735,314 | -€14.2m | -13.2% |
| Change in stocks: decrease (increase) | 609 | -€1,483,111 | -€1,669,003 | -€185,892 | -12.5% |
| Services and other goods | 61 | €19,184,109 | €22,510,217 | +€3.3m | +17.3% |
| Remuneration, social security and pensions | 62 | €1,919,299 | €2,488,655 | +€569,356 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264,420 | €312,903 | +€48,484 | +18.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €44,087 | €78,055 | +€33,967 | +77.0% |
| Other operating charges | 640/8 | €63,760 | €66,730 | +€2,970 | +4.7% |
| Non-recurring operating charges | 66A | €4,892 | - | -€4,892 | |
| Operating profit (loss) | 9901 | €3,121,531 | €3,306,608 | +€185,076 | +5.9% |
| Financial income | 75/76B | €310,047 | €280,631 | -€29,416 | -9.5% |
| Recurring financial income | 75 | €310,047 | €280,631 | -€29,416 | -9.5% |
| Income from current assets | 751 | €198,099 | €229,123 | +€31,024 | +15.7% |
| Other financial income | 752/9 | €111,948 | €51,508 | -€60,440 | -54.0% |
| Financial charges | 65/66B | €1,037,537 | €930,391 | -€107,145 | -10.3% |
| Recurring financial charges | 65 | €1,037,537 | €930,391 | -€107,145 | -10.3% |
| Debt charges | 650 | €904,050 | €707,416 | -€196,635 | -21.8% |
| Other financial charges | 652/9 | €133,486 | €222,976 | +€89,489 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | €2,394,041 | €2,656,847 | +€262,805 | +11.0% |
| Transfer from deferred taxes | 780 | €7,163 | €4,054 | -€3,109 | -43.4% |
| Income taxes | 67/77 | €660,000 | €681,417 | +€21,417 | +3.2% |
| Taxes | 670/3 | €660,000 | €699,000 | +€39,000 | +5.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €17,583 | +€17,583 | |
| Profit (loss) for the period | 9904 | €1,741,204 | €1,979,484 | +€238,280 | +13.7% |
| Transfer from tax-exempt reserves | 789 | €13,910 | €7,872 | -€6,038 | -43.4% |
| Transfer to tax-exempt reserves | 689 | - | €753,590 | +€753,590 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,755,114 | €1,233,766 | -€521,348 | -29.7% |
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 15 October 2026 via checked.be.