Benthe & Aaron: 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.
Benthe & Aaron
Largest movements
- Cash -€11,879
down €11,879 (-55.7%), from €21,313 to €9,435
mainly Net result for the year (-€16,322) and Tax, wage and social debts (-€6,670)
- Receivables within one year -€6,726
down €6,726 (-38.1%), from €17,651 to €10,925
of which Trade receivables: -€10,966
- Intangible fixed assets -€4,278
no longer reported in 2025 (was €4,278)
- Tangible fixed assets -€1,498
down €1,498 (-71.0%), from €2,111 to €613
- Profit (loss) carried forward -€16,322
down €16,322, from €4,731 to -€11,592
- Tax, wage and social debts -€6,670
down €6,670 (-78.6%), from €8,485 to €1,815
- Other debts -€1,940
no longer reported in 2025 (was €1,940)
- Trade debts +€783
up €783 (+76.1%), from €1,029 to €1,811
- Gross operating margin -€23,818
down €23,818, from €16,777 to -€7,041
- Taxes -€3,052
no longer reported in 2025 (was €3,052)
- Staff costs -€1,513
down €1,513 (-41.9%), from €3,612 to €2,099
- Depreciation -€642
down €642 (-10.0%), from €6,418 to €5,776
- Other operating charges -€368
down €368 (-75.3%), from €489 to €121
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 | €73,185 | €49,035 | -€24,150 | -33.0% |
| Fixed assets | 21/28 | €6,389 | €613 | -€5,776 | -90.4% |
| Intangible fixed assets | 21 | €4,278 | - | -€4,278 | |
| Tangible fixed assets | 22/27 | €2,111 | €613 | -€1,498 | -71.0% |
| Furniture and vehicles | 24 | €2,111 | €613 | -€1,498 | -71.0% |
| Current assets | 29/58 | €66,796 | €48,422 | -€18,374 | -27.5% |
| Amounts receivable after more than one year | 29 | €27,000 | €27,000 | = | 0.0% |
| Trade receivables | 290 | €27,000 | €27,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,651 | €10,925 | -€6,726 | -38.1% |
| Trade receivables | 40 | €17,437 | €6,472 | -€10,966 | -62.9% |
| Other amounts receivable | 41 | €214 | €4,453 | +€4,239 | +1,981% |
| Cash at bank and in hand | 54/58 | €21,313 | €9,435 | -€11,879 | -55.7% |
| Deferred charges and accrued income | 490/1 | €831 | €1,062 | +€231 | +27.8% |
| Total equity and liabilities | 10/49 | €73,185 | €49,035 | -€24,150 | -33.0% |
| Equity | 10/15 | €61,731 | €45,409 | -€16,322 | -26.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €55,000 | €55,000 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,731 | -€11,592 | -€16,322 | |
| Amounts payable | 17/49 | €11,454 | €3,626 | -€7,828 | -68.3% |
| Amounts payable within one year | 42/48 | €11,454 | €3,626 | -€7,828 | -68.3% |
| Trade debts | 44 | €1,029 | €1,811 | +€783 | +76.1% |
| Suppliers | 440/4 | €1,029 | €1,811 | +€783 | +76.1% |
| Taxes, remuneration and social security | 45 | €8,485 | €1,815 | -€6,670 | -78.6% |
| Taxes | 450/3 | €8,485 | €1,815 | -€6,670 | -78.6% |
| Other amounts payable | 47/48 | €1,940 | - | -€1,940 | |
| Remuneration, social security and pensions | 62 | €3,612 | €2,099 | -€1,513 | -41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,418 | €5,776 | -€642 | -10.0% |
| Other operating charges | 640/8 | €489 | €121 | -€368 | -75.3% |
| Gross operating margin | 9900 | €16,777 | -€7,041 | -€23,818 | |
| Operating profit (loss) | 9901 | €6,258 | -€15,036 | -€21,294 | |
| Financial income | 75/76B | €0 | €35 | +€35 | +116,733% |
| Recurring financial income | 75 | €0 | €35 | +€35 | +116,733% |
| Financial charges | 65/66B | €1,212 | €1,321 | +€109 | +9.0% |
| Recurring financial charges | 65 | €1,212 | €1,321 | +€109 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €5,046 | -€16,322 | -€21,369 | |
| Income taxes | 67/77 | €3,052 | - | -€3,052 | |
| Profit (loss) for the period | 9904 | €1,995 | -€16,322 | -€18,317 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,995 | -€16,322 | -€18,317 |
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 17 October 2026 via checked.be.