Bensch: 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.
Bensch
Largest movements
- Cash +€45,856
up €45,856 (+58.7%), from €78,156 to €124,012
mainly Accrued charges and deferred income (+€25,174) and Net result for the year (+€24,057)
- Tangible fixed assets +€23,258
up €23,258 (+307.8%), from €7,555 to €30,814
of which Furniture and vehicles: +€12,404
- Receivables within one year -€15,611
down €15,611 (-46.2%), from €33,797 to €18,186
- Intangible fixed assets +€12,859
new in 2025: €12,859
- Deferred charges and accrued income -€2,702
no longer reported in 2025 (was €2,702)
- Accrued charges and deferred income +€25,174
new in 2025: €25,174
- Reserves +€23,166
up €23,166 (+62.8%), from €36,860 to €60,026
- Other debts +€11,439
up €11,439 (+19.9%), from €57,404 to €68,843
- Tax, wage and social debts +€4,400
up €4,400 (+38.3%), from €11,493 to €15,893
- Gross operating margin +€2,807
up €2,807 (+6.1%), from €46,291 to €49,098
- Other operating charges +€2,366
up €2,366 (+78.1%), from €3,031 to €5,397
- Taxes +€992
up €992 (+11.5%), from €8,599 to €9,591
- Depreciation -€952
down €952 (-9.3%), from €10,254 to €9,302
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 | €122,211 | €185,871 | +€63,660 | +52.1% |
| Fixed assets | 21/28 | €7,555 | €43,673 | +€36,117 | +478.0% |
| Intangible fixed assets | 21 | - | €12,859 | +€12,859 | |
| Tangible fixed assets | 22/27 | €7,555 | €30,814 | +€23,258 | +307.8% |
| Land and buildings | 22 | €3,989 | €2,976 | -€1,014 | -25.4% |
| Plant, machinery and equipment | 23 | - | €11,868 | +€11,868 | |
| Furniture and vehicles | 24 | €3,566 | €15,970 | +€12,404 | +347.8% |
| Current assets | 29/58 | €114,655 | €142,198 | +€27,543 | +24.0% |
| Amounts receivable within one year | 40/41 | €33,797 | €18,186 | -€15,611 | -46.2% |
| Trade receivables | 40 | €33,797 | €18,186 | -€15,611 | -46.2% |
| Cash at bank and in hand | 54/58 | €78,156 | €124,012 | +€45,856 | +58.7% |
| Deferred charges and accrued income | 490/1 | €2,702 | - | -€2,702 | |
| Total equity and liabilities | 10/49 | €122,211 | €185,871 | +€63,660 | +52.1% |
| Equity | 10/15 | €48,369 | €72,426 | +€24,057 | +49.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €36,860 | €60,026 | +€23,166 | +62.8% |
| Distributable reserves | 133 | €36,860 | €60,026 | +€23,166 | +62.8% |
| Profit (loss) carried forward | 14 | -€891 | - | +€891 | |
| Amounts payable | 17/49 | €73,841 | €113,444 | +€39,603 | +53.6% |
| Amounts payable within one year | 42/48 | €73,841 | €88,271 | +€14,429 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €2,739 | €2,703 | -€36 | -1.3% |
| Trade debts | 44 | €2,206 | €832 | -€1,373 | -62.3% |
| Suppliers | 440/4 | €2,206 | €832 | -€1,373 | -62.3% |
| Taxes, remuneration and social security | 45 | €11,493 | €15,893 | +€4,400 | +38.3% |
| Taxes | 450/3 | €11,493 | €15,893 | +€4,400 | +38.3% |
| Other amounts payable | 47/48 | €57,404 | €68,843 | +€11,439 | +19.9% |
| Accrued charges and deferred income | 492/3 | - | €25,174 | +€25,174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,254 | €9,302 | -€952 | -9.3% |
| Other operating charges | 640/8 | €3,031 | €5,397 | +€2,366 | +78.1% |
| Gross operating margin | 9900 | €46,291 | €49,098 | +€2,807 | +6.1% |
| Operating profit (loss) | 9901 | €33,006 | €34,399 | +€1,393 | +4.2% |
| Financial income | 75/76B | - | €56 | +€56 | |
| Recurring financial income | 75 | - | €56 | +€56 | |
| Financial charges | 65/66B | €808 | €807 | -€1 | -0.1% |
| Recurring financial charges | 65 | €808 | €807 | -€1 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €32,198 | €33,648 | +€1,450 | +4.5% |
| Income taxes | 67/77 | €8,599 | €9,591 | +€992 | +11.5% |
| Profit (loss) for the period | 9904 | €23,600 | €24,057 | +€457 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,600 | €24,057 | +€457 | +1.9% |
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 6 October 2026 via checked.be.