BENVECO: 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.
BENVECO
Largest movements
- Cash +€296,525
up €296,525 (+291.3%), from €101,778 to €398,303
mainly Receivables within one year (+€172,069) and Net result for the year (+€96,341)
- Receivables within one year -€172,069
down €172,069 (-81.9%), from €210,113 to €38,043
of which Other amounts receivable: -€191,066
- Tangible fixed assets -€21,378
down €21,378 (-27.3%), from €78,395 to €57,017
of which Furniture and vehicles: -€20,698
- Deferred charges and accrued income -€9,303
down €9,303 (-98.5%), from €9,443 to €141
- Profit (loss) carried forward +€50,221
up €50,221, from -€50,221 to €0
- Reserves +€46,119
up €46,119 (+17.5%), from €263,550 to €309,670
of which Distributable reserves: +€46,119
- Other debts +€21,818
up €21,818 (+155.8%), from €14,000 to €35,818
- Debts after one year -€18,307
down €18,307 (-35.2%), from €52,064 to €33,758
- Trade debts -€12,241
down €12,241 (-89.9%), from €13,616 to €1,375
- Gross operating margin +€48,846
up €48,846 (+46.6%), from €104,768 to €153,614
- Taxes +€11,823
up €11,823 (+57.3%), from €20,622 to €32,445
- Financial income -€8,433
down €8,433 (-100.0%), from €8,433 to €0
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 | €399,730 | €493,504 | +€93,774 | +23.5% |
| Fixed assets | 21/28 | €78,395 | €57,017 | -€21,378 | -27.3% |
| Tangible fixed assets | 22/27 | €78,395 | €57,017 | -€21,378 | -27.3% |
| Plant, machinery and equipment | 23 | €2,010 | €1,329 | -€680 | -33.9% |
| Furniture and vehicles | 24 | €76,385 | €55,688 | -€20,698 | -27.1% |
| Current assets | 29/58 | €321,334 | €436,487 | +€115,153 | +35.8% |
| Amounts receivable within one year | 40/41 | €210,113 | €38,043 | -€172,069 | -81.9% |
| Trade receivables | 40 | €18,997 | €37,994 | +€18,997 | +100.0% |
| Other amounts receivable | 41 | €191,116 | €49 | -€191,066 | -100.0% |
| Cash at bank and in hand | 54/58 | €101,778 | €398,303 | +€296,525 | +291.3% |
| Deferred charges and accrued income | 490/1 | €9,443 | €141 | -€9,303 | -98.5% |
| Total equity and liabilities | 10/49 | €399,730 | €493,504 | +€93,774 | +23.5% |
| Equity | 10/15 | €288,329 | €384,670 | +€96,341 | +33.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €263,550 | €309,670 | +€46,119 | +17.5% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,331 | €22,331 | = | 0.0% |
| Distributable reserves | 133 | €237,719 | €283,839 | +€46,119 | +19.4% |
| Profit (loss) carried forward | 14 | -€50,221 | €0 | +€50,221 | |
| Amounts payable | 17/49 | €111,401 | €108,834 | -€2,566 | -2.3% |
| Amounts payable after more than one year | 17 | €52,064 | €33,758 | -€18,307 | -35.2% |
| Financial debts | 170/4 | €52,064 | €33,758 | -€18,307 | -35.2% |
| Amounts payable within one year | 42/48 | €59,336 | €75,077 | +€15,740 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €17,625 | €18,307 | +€682 | +3.9% |
| Trade debts | 44 | €13,616 | €1,375 | -€12,241 | -89.9% |
| Suppliers | 440/4 | €13,616 | €1,375 | -€12,241 | -89.9% |
| Taxes, remuneration and social security | 45 | €14,095 | €19,577 | +€5,482 | +38.9% |
| Taxes | 450/3 | €14,095 | €19,577 | +€5,482 | +38.9% |
| Other amounts payable | 47/48 | €14,000 | €35,818 | +€21,818 | +155.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,378 | €21,378 | = | 0.0% |
| Other operating charges | 640/8 | €779 | €731 | -€48 | -6.1% |
| Non-recurring operating charges | 66A | - | €158 | +€158 | |
| Gross operating margin | 9900 | €104,768 | €153,614 | +€48,846 | +46.6% |
| Operating profit (loss) | 9901 | €82,611 | €131,346 | +€48,735 | +59.0% |
| Financial income | 75/76B | €8,433 | €0 | -€8,433 | -100.0% |
| Recurring financial income | 75 | €8,433 | €0 | -€8,433 | -100.0% |
| Financial charges | 65/66B | €3,253 | €2,560 | -€692 | -21.3% |
| Recurring financial charges | 65 | €3,253 | €2,560 | -€692 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €87,791 | €128,786 | +€40,994 | +46.7% |
| Income taxes | 67/77 | €20,622 | €32,445 | +€11,823 | +57.3% |
| Profit (loss) for the period | 9904 | €67,169 | €96,341 | +€29,172 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,169 | €96,341 | +€29,172 | +43.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.