BENSOPH: 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.
BENSOPH
Largest movements
- Current investments +€4.1m
up €4.1m (+3423.1%), from €120,000 to €4.2m
- Financial fixed assets -€404,486
down €404,486 (-67.3%), from €601,371 to €196,885
- Receivables within one year +€114,628
up €114,628 (+848.9%), from €13,503 to €128,131
of which Other amounts receivable: +€79,531
- Reserves +€3.6m
up €3.6m (+208.2%), from €1.7m to €5.3m
of which Distributable reserves: +€3.5m
- Contributions +€260,390
up €260,390 (+190.6%), from €136,628 to €397,018
- Financial income +€168,927
up €168,927 (+3835.8%), from €4,404 to €173,331
- Gross operating margin -€120,108
down €120,108 (-48.4%), from €248,043 to €127,935
- Depreciation +€55,087
up €55,087 (+194.9%), from €28,262 to €83,349
- Financial charges +€38,678
up €38,678 (+1406.4%), from €2,750 to €41,428
- Taxes -€16,146
down €16,146 (-30.2%), from €53,458 to €37,312
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 | €2,158,600 | €5,976,204 | +€3.8m | +176.9% |
| Fixed assets | 21/28 | €1,991,116 | €1,545,131 | -€445,985 | -22.4% |
| Tangible fixed assets | 22/27 | €1,389,746 | €1,348,246 | -€41,500 | -3.0% |
| Land and buildings | 22 | €1,074,761 | €1,038,754 | -€36,007 | -3.4% |
| Plant, machinery and equipment | 23 | €24,962 | €19,470 | -€5,493 | -22.0% |
| Other tangible fixed assets | 26 | €290,023 | €290,023 | = | 0.0% |
| Financial fixed assets | 28 | €601,371 | €196,885 | -€404,486 | -67.3% |
| Current assets | 29/58 | €167,484 | €4,431,073 | +€4.3m | +2545.7% |
| Amounts receivable within one year | 40/41 | €13,503 | €128,131 | +€114,628 | +848.9% |
| Trade receivables | 40 | €12,903 | €48,000 | +€35,097 | +272.0% |
| Other amounts receivable | 41 | €600 | €80,131 | +€79,531 | +13255.2% |
| Current investments | 50/53 | €120,000 | €4,227,746 | +€4.1m | +3423.1% |
| Cash at bank and in hand | 54/58 | €33,980 | €75,196 | +€41,215 | +121.3% |
| Total equity and liabilities | 10/49 | €2,158,600 | €5,976,204 | +€3.8m | +176.9% |
| Equity | 10/15 | €1,848,141 | €5,672,693 | +€3.8m | +206.9% |
| Contributions | 10/11 | €136,628 | €397,018 | +€260,390 | +190.6% |
| Capital | 10 | €136,628 | €397,018 | +€260,390 | +190.6% |
| Issued capital | 100 | €136,628 | €397,018 | +€260,390 | +190.6% |
| Reserves | 13 | €1,711,513 | €5,275,675 | +€3.6m | +208.2% |
| Non-distributable reserves | 130/1 | €13,673 | €39,750 | +€26,076 | +190.7% |
| Legal reserve | 130 | €13,673 | €39,750 | +€26,076 | +190.7% |
| Tax-exempt reserves | 132 | €1,149 | €5,158 | +€4,009 | +348.9% |
| Distributable reserves | 133 | €1,696,691 | €5,230,767 | +€3.5m | +208.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €310,460 | €303,512 | -€6,948 | -2.2% |
| Amounts payable after more than one year | 17 | €141,431 | €113,004 | -€28,427 | -20.1% |
| Financial debts | 170/4 | €141,431 | €113,004 | -€28,427 | -20.1% |
| Amounts payable within one year | 42/48 | €168,794 | €190,507 | +€21,713 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €28,922 | €29,518 | +€596 | +2.1% |
| Trade debts | 44 | €2,272 | €15,472 | +€13,200 | +580.9% |
| Suppliers | 440/4 | €2,272 | €15,472 | +€13,200 | +580.9% |
| Advances received on contracts in progress | 46 | - | €48,000 | +€48,000 | |
| Taxes, remuneration and social security | 45 | €89,574 | €97,517 | +€7,943 | +8.9% |
| Taxes | 450/3 | €89,574 | €97,517 | +€7,943 | +8.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €48,025 | €0 | -€48,025 | -100.0% |
| Accrued charges and deferred income | 492/3 | €234 | €0 | -€234 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,262 | €83,349 | +€55,087 | +194.9% |
| Other operating charges | 640/8 | €25,079 | €26,066 | +€987 | +3.9% |
| Gross operating margin | 9900 | €248,043 | €127,935 | -€120,108 | -48.4% |
| Operating profit (loss) | 9901 | €194,703 | €18,521 | -€176,182 | -90.5% |
| Financial income | 75/76B | €4,404 | €173,331 | +€168,927 | +3835.8% |
| Recurring financial income | 75 | €4,404 | €173,331 | +€168,927 | +3835.8% |
| Financial charges | 65/66B | €2,750 | €41,428 | +€38,678 | +1406.4% |
| Recurring financial charges | 65 | €2,750 | €41,428 | +€38,678 | +1406.4% |
| Profit (loss) for the period before taxes | 9903 | €196,356 | €150,424 | -€45,933 | -23.4% |
| Income taxes | 67/77 | €53,458 | €37,312 | -€16,146 | -30.2% |
| Profit (loss) for the period | 9904 | €142,898 | €113,111 | -€29,787 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €142,898 | €113,111 | -€29,787 | -20.8% |
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 8 October 2026 via checked.be.