BENTEN: 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.
BENTEN
Largest movements
- Receivables after one year -€183,158
down €183,158 (-24.3%), from €754,635 to €571,477
- Tangible fixed assets +€28,658
up €28,658 (+4.6%), from €625,685 to €654,343
of which Land and buildings: +€34,806
- Trade debts -€127,411
down €127,411 (-91.4%), from €139,445 to €12,034
- Profit (loss) carried forward -€55,614
down €55,614 (-66.8%), from -€83,196 to -€138,810
- Debts after one year -€33,266
down €33,266 (-14.3%), from €232,801 to €199,535
- Other debts +€24,631
up €24,631 (+5.0%), from €487,975 to €512,606
- Tax, wage and social debts +€21,043
up €21,043 (+3,056%), from €689 to €21,732
- Financial charges +€140,379
up €140,379 (+1,319%), from €10,645 to €151,024
- Gross operating margin +€56,012
up €56,012 (+75.8%), from €73,861 to €129,873
- Taxes +€20,863
up €20,863 (+3,985%), from €524 to €21,387
- Financial income +€20,706
up €20,706 (+3,655%), from €566 to €21,273
- Other operating charges -€3,524
down €3,524 (-35.5%), from €9,941 to €6,416
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,557,471 | €1,393,808 | -€163,662 | -10.5% |
| Fixed assets | 21/28 | €625,685 | €654,343 | +€28,658 | +4.6% |
| Tangible fixed assets | 22/27 | €625,685 | €654,343 | +€28,658 | +4.6% |
| Land and buildings | 22 | €552,387 | €587,193 | +€34,806 | +6.3% |
| Plant, machinery and equipment | 23 | €2,480 | €8,617 | +€6,137 | +247% |
| Furniture and vehicles | 24 | €27,322 | €23,042 | -€4,281 | -15.7% |
| Other tangible fixed assets | 26 | €43,496 | €35,492 | -€8,004 | -18.4% |
| Current assets | 29/58 | €931,785 | €739,465 | -€192,320 | -20.6% |
| Amounts receivable after more than one year | 29 | €754,635 | €571,477 | -€183,158 | -24.3% |
| Other amounts receivable | 291 | €754,635 | €571,477 | -€183,158 | -24.3% |
| Stocks and contracts in progress | 3 | - | €5,097 | +€5,097 | |
| Stocks | 30/36 | - | €5,097 | +€5,097 | |
| Amounts receivable within one year | 40/41 | €172,014 | €159,662 | -€12,352 | -7.2% |
| Trade receivables | 40 | €156,446 | €135,949 | -€20,496 | -13.1% |
| Other amounts receivable | 41 | €15,569 | €23,712 | +€8,144 | +52.3% |
| Cash at bank and in hand | 54/58 | €4,389 | €1,634 | -€2,755 | -62.8% |
| Deferred charges and accrued income | 490/1 | €747 | €1,594 | +€847 | +113% |
| Total equity and liabilities | 10/49 | €1,557,471 | €1,393,808 | -€163,662 | -10.5% |
| Equity | 10/15 | €466,804 | €411,190 | -€55,614 | -11.9% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,196 | -€138,810 | -€55,614 | -66.8% |
| Amounts payable | 17/49 | €1,090,667 | €982,618 | -€108,049 | -9.9% |
| Amounts payable after more than one year | 17 | €232,801 | €199,535 | -€33,266 | -14.3% |
| Financial debts | 170/4 | €232,801 | €199,535 | -€33,266 | -14.3% |
| Amounts payable within one year | 42/48 | €843,588 | €768,479 | -€75,109 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €72,319 | €78,947 | +€6,628 | +9.2% |
| Trade debts | 44 | €139,445 | €12,034 | -€127,411 | -91.4% |
| Suppliers | 440/4 | €139,445 | €12,034 | -€127,411 | -91.4% |
| Advances received on contracts in progress | 46 | €143,161 | €143,161 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €689 | €21,732 | +€21,043 | +3,056% |
| Taxes | 450/3 | €689 | €21,732 | +€21,043 | +3,056% |
| Other amounts payable | 47/48 | €487,975 | €512,606 | +€24,631 | +5.0% |
| Accrued charges and deferred income | 492/3 | €14,278 | €14,605 | +€327 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,985 | €27,932 | +€1,947 | +7.5% |
| Other operating charges | 640/8 | €9,941 | €6,416 | -€3,524 | -35.5% |
| Gross operating margin | 9900 | €73,861 | €129,873 | +€56,012 | +75.8% |
| Operating profit (loss) | 9901 | €37,935 | €95,525 | +€57,589 | +152% |
| Financial income | 75/76B | €566 | €21,273 | +€20,706 | +3,655% |
| Recurring financial income | 75 | €566 | €21,273 | +€20,706 | +3,655% |
| Financial charges | 65/66B | €10,645 | €151,024 | +€140,379 | +1,319% |
| Recurring financial charges | 65 | €10,645 | €151,024 | +€140,379 | +1,319% |
| Profit (loss) for the period before taxes | 9903 | €27,857 | -€34,227 | -€62,084 | |
| Income taxes | 67/77 | €524 | €21,387 | +€20,863 | +3,985% |
| Profit (loss) for the period | 9904 | €27,333 | -€55,614 | -€82,947 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,333 | -€55,614 | -€82,947 |
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 24 October 2026 via checked.be.