BENZ: 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.
BENZ
Largest movements
- Cash -€117,050
down €117,050 (-84.7%), from €138,136 to €21,086
mainly Contributions, distributions and other (-€904,314) and Tax, wage and social debts (-€30,234)
- Receivables within one year -€107,309
down €107,309 (-96.5%), from €111,236 to €3,927
of which Trade receivables: -€107,309
- Profit (loss) carried forward -€194,333
down €194,333 (-87.2%), from €222,829 to €28,496
- Tax, wage and social debts -€30,234
down €30,234 (-98.4%), from €30,715 to €481
- Financial income +€837,531
up €837,531 (+203343.4%), from €412 to €837,943
of which Non-recurring financial income: +€837,270
- Gross operating margin -€180,606
down €180,606 (-61.4%), from €294,184 to €113,578
- Taxes +€164,791
up €164,791 (+231.9%), from €71,073 to €235,864
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 | €258,893 | €34,220 | -€224,672 | -86.8% |
| Fixed assets | 21/28 | €9,521 | €9,207 | -€314 | -3.3% |
| Tangible fixed assets | 22/27 | €9,521 | €9,207 | -€314 | -3.3% |
| Furniture and vehicles | 24 | €9,521 | €9,207 | -€314 | -3.3% |
| Current assets | 29/58 | €249,372 | €25,014 | -€224,358 | -90.0% |
| Amounts receivable within one year | 40/41 | €111,236 | €3,927 | -€107,309 | -96.5% |
| Trade receivables | 40 | €107,309 | - | -€107,309 | |
| Other amounts receivable | 41 | €3,927 | €3,927 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €138,136 | €21,086 | -€117,050 | -84.7% |
| Total equity and liabilities | 10/49 | €258,893 | €34,220 | -€224,672 | -86.8% |
| Equity | 10/15 | €227,829 | €33,496 | -€194,333 | -85.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €222,829 | €28,496 | -€194,333 | -87.2% |
| Amounts payable | 17/49 | €31,063 | €724 | -€30,339 | -97.7% |
| Amounts payable within one year | 42/48 | €31,063 | €724 | -€30,339 | -97.7% |
| Trade debts | 44 | €349 | €243 | -€106 | -30.2% |
| Suppliers | 440/4 | €349 | €243 | -€106 | -30.2% |
| Taxes, remuneration and social security | 45 | €30,715 | €481 | -€30,234 | -98.4% |
| Taxes | 450/3 | €30,715 | €481 | -€30,234 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,804 | €3,030 | +€1,225 | +67.9% |
| Other operating charges | 640/8 | €2,667 | €2,593 | -€74 | -2.8% |
| Gross operating margin | 9900 | €294,184 | €113,578 | -€180,606 | -61.4% |
| Operating profit (loss) | 9901 | €289,712 | €107,955 | -€181,757 | -62.7% |
| Financial income | 75/76B | €412 | €837,943 | +€837,531 | +203343.4% |
| Recurring financial income | 75 | €412 | €673 | +€261 | +63.5% |
| Non-recurring financial income | 76B | - | €837,270 | +€837,270 | |
| Financial charges | 65/66B | €50 | €53 | +€3 | +5.2% |
| Recurring financial charges | 65 | €50 | €53 | +€3 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €290,074 | €945,845 | +€655,771 | +226.1% |
| Income taxes | 67/77 | €71,073 | €235,864 | +€164,791 | +231.9% |
| Profit (loss) for the period | 9904 | €219,001 | €709,981 | +€490,980 | +224.2% |
| Profit (loss) for the period to be appropriated | 9905 | €219,001 | €709,981 | +€490,980 | +224.2% |
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 8 October 2026 via checked.be.