BENYON: 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.
BENYON
Largest movements
- Receivables within one year +€151,974
up €151,974 (+2123.1%), from €7,158 to €159,132
of which Trade receivables: +€135,226
- Cash +€47,039
up €47,039 (+61.8%), from €76,175 to €123,215
- Profit (loss) carried forward +€145,215
up €145,215 (+233.9%), from €62,080 to €207,294
- Tax, wage and social debts +€26,913
up €26,913 (+144.1%), from €18,670 to €45,583
- Advances received +€20,897
new in 2025: €20,897
- Trade debts +€7,506
up €7,506 (+8931.5%), from €84 to €7,590
- Purchases and services -€16,917
down €16,917 (-83.1%), from €20,364 to €3,447
- Turnover -€8,993
down €8,993 (-10.6%), from €85,019 to €76,026
- Gross operating margin +€7,924
up €7,924 (+12.3%), from €64,655 to €72,579
- Other operating charges -€2,500
no longer reported in 2025 (was €2,500)
- Depreciation +€880
new in 2025: €880
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,334 | €283,893 | +€200,560 | +240.7% |
| Fixed assets | 21/28 | - | €1,546 | +€1,546 | |
| Tangible fixed assets | 22/27 | - | €1,546 | +€1,546 | |
| Plant, machinery and equipment | 23 | - | €1,546 | +€1,546 | |
| Current assets | 29/58 | €83,334 | €282,347 | +€199,013 | +238.8% |
| Amounts receivable within one year | 40/41 | €7,158 | €159,132 | +€151,974 | +2123.1% |
| Trade receivables | 40 | €800 | €136,026 | +€135,226 | +16903.3% |
| Other amounts receivable | 41 | €6,358 | €23,106 | +€16,748 | +263.4% |
| Cash at bank and in hand | 54/58 | €76,175 | €123,215 | +€47,039 | +61.8% |
| Total equity and liabilities | 10/49 | €83,334 | €283,893 | +€200,560 | +240.7% |
| Equity | 10/15 | €64,580 | €209,794 | +€145,215 | +224.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,080 | €207,294 | +€145,215 | +233.9% |
| Amounts payable | 17/49 | €18,754 | €74,099 | +€55,345 | +295.1% |
| Amounts payable within one year | 42/48 | €18,754 | €74,099 | +€55,345 | +295.1% |
| Trade debts | 44 | €84 | €7,590 | +€7,506 | +8931.5% |
| Suppliers | 440/4 | €84 | €7,590 | +€7,506 | +8931.5% |
| Advances received on contracts in progress | 46 | - | €20,897 | +€20,897 | |
| Taxes, remuneration and social security | 45 | €18,670 | €45,583 | +€26,913 | +144.1% |
| Taxes | 450/3 | €18,670 | €45,583 | +€26,913 | +144.1% |
| Other amounts payable | 47/48 | - | €29 | +€29 | |
| Turnover | 70 | €85,019 | €76,026 | -€8,993 | -10.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,364 | €3,447 | -€16,917 | -83.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €880 | +€880 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,500 | - | -€2,500 | |
| Gross operating margin | 9900 | €64,655 | €72,579 | +€7,924 | +12.3% |
| Operating profit (loss) | 9901 | €62,155 | €71,700 | +€9,544 | +15.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €76 | - | -€76 | |
| Recurring financial charges | 65 | €76 | - | -€76 | |
| Profit (loss) for the period before taxes | 9903 | €62,080 | €71,700 | +€9,620 | +15.5% |
| Profit (loss) for the period | 9904 | €62,080 | €71,700 | +€9,620 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,080 | €71,700 | +€9,620 | +15.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.