BENTRI FORWARDING: 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.
BENTRI FORWARDING
Largest movements
- Receivables within one year +€93,912
up €93,912 (+53.8%), from €174,563 to €268,475
of which Trade receivables: +€80,391
- Cash -€92,031
down €92,031 (-13.4%), from €686,783 to €594,752
mainly Contributions, distributions and other (-€235,000) and Receivables within one year (-€93,912)
- Tangible fixed assets -€10,505
down €10,505 (-22.7%), from €46,235 to €35,730
of which Other tangible fixed assets: -€6,136
- Other debts -€15,673
down €15,673 (-5.8%), from €268,216 to €252,543
- Reserves -€9,454
down €9,454 (-2.7%), from €356,207 to €346,753
of which Distributable reserves: -€9,454
- Gross operating margin -€44,335
down €44,335 (-9.9%), from €446,979 to €402,645
- Financial income -€18,112
down €18,112 (-60.4%), from €29,965 to €11,853
of which Non-recurring financial income: -€21,650
- Taxes -€16,311
down €16,311 (-18.5%), from €87,946 to €71,635
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 | €920,241 | €905,067 | -€15,174 | -1.6% |
| Fixed assets | 21/28 | €47,585 | €37,080 | -€10,505 | -22.1% |
| Tangible fixed assets | 22/27 | €46,235 | €35,730 | -€10,505 | -22.7% |
| Plant, machinery and equipment | 23 | €1,971 | €901 | -€1,070 | -54.3% |
| Furniture and vehicles | 24 | €7,801 | €4,502 | -€3,299 | -42.3% |
| Other tangible fixed assets | 26 | €36,463 | €30,327 | -€6,136 | -16.8% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €872,656 | €867,986 | -€4,669 | -0.5% |
| Amounts receivable within one year | 40/41 | €174,563 | €268,475 | +€93,912 | +53.8% |
| Trade receivables | 40 | €167,144 | €247,535 | +€80,391 | +48.1% |
| Other amounts receivable | 41 | €7,419 | €20,940 | +€13,521 | +182.2% |
| Cash at bank and in hand | 54/58 | €686,783 | €594,752 | -€92,031 | -13.4% |
| Deferred charges and accrued income | 490/1 | €11,310 | €4,760 | -€6,550 | -57.9% |
| Total equity and liabilities | 10/49 | €920,241 | €905,067 | -€15,174 | -1.6% |
| Equity | 10/15 | €406,902 | €396,753 | -€10,150 | -2.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €356,207 | €346,753 | -€9,454 | -2.7% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €332,457 | €323,003 | -€9,454 | -2.8% |
| Profit (loss) carried forward | 14 | €696 | - | -€696 | |
| Amounts payable | 17/49 | €513,339 | €508,314 | -€5,025 | -1.0% |
| Amounts payable within one year | 42/48 | €513,150 | €505,853 | -€7,297 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €23,436 | €23,362 | -€74 | -0.3% |
| Trade debts | 44 | €73,140 | €80,937 | +€7,797 | +10.7% |
| Suppliers | 440/4 | €73,140 | €80,937 | +€7,797 | +10.7% |
| Advances received on contracts in progress | 46 | €136,209 | €136,209 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €12,150 | €12,803 | +€652 | +5.4% |
| Remuneration and social security | 454/9 | €12,150 | €12,803 | +€652 | +5.4% |
| Other amounts payable | 47/48 | €268,216 | €252,543 | -€15,673 | -5.8% |
| Accrued charges and deferred income | 492/3 | €189 | €2,461 | +€2,273 | +1205.4% |
| Remuneration, social security and pensions | 62 | €91,542 | €95,347 | +€3,805 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,319 | €10,505 | +€186 | +1.8% |
| Other operating charges | 640/8 | €1,844 | €1,916 | +€72 | +3.9% |
| Gross operating margin | 9900 | €446,979 | €402,645 | -€44,335 | -9.9% |
| Operating profit (loss) | 9901 | €343,274 | €294,877 | -€48,397 | -14.1% |
| Financial income | 75/76B | €29,965 | €11,853 | -€18,112 | -60.4% |
| Recurring financial income | 75 | €8,315 | €11,853 | +€3,538 | +42.5% |
| Non-recurring financial income | 76B | €21,650 | - | -€21,650 | |
| Financial charges | 65/66B | €10,081 | €10,244 | +€162 | +1.6% |
| Recurring financial charges | 65 | €10,081 | €10,244 | +€162 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €363,158 | €296,486 | -€66,672 | -18.4% |
| Income taxes | 67/77 | €87,946 | €71,635 | -€16,311 | -18.5% |
| Profit (loss) for the period | 9904 | €275,212 | €224,850 | -€50,361 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €275,212 | €224,850 | -€50,361 | -18.3% |
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 5 October 2026 via checked.be.