BENZAYN: 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.
BENZAYN
Largest movements
- Receivables within one year -€210,481
down €210,481 (-99.5%), from €211,456 to €975
of which Trade receivables: -€210,552
- Tangible fixed assets +€108,060
up €108,060 (+50.5%), from €213,870 to €321,930
- Cash -€17,205
down €17,205 (-94.6%), from €18,178 to €973
mainly Accrued charges and deferred income (-€219,392) and Investment in fixed assets (net) (-€108,060)
- Accrued charges and deferred income -€219,392
no longer reported in 2025 (was €219,392)
- Debts after one year +€91,370
up €91,370 (+39.7%), from €230,311 to €321,681
- Other debts +€11,193
new in 2025: €11,193
- Profit (loss) carried forward -€9,241
down €9,241 (-89.9%), from -€10,275 to -€19,516
- Trade debts +€6,444
up €6,444 (+162%), from €3,976 to €10,420
- Gross operating margin +€1,108
up €1,108 (+11.2%), from -€9,879 to -€8,770
- Write-downs +€400
new in 2025: €400
- Other operating charges -€396
no longer reported in 2025 (was €396)
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 | €443,505 | €323,878 | -€119,626 | -27.0% |
| Fixed assets | 21/28 | €213,870 | €321,930 | +€108,060 | +50.5% |
| Tangible fixed assets | 22/27 | €213,870 | €321,930 | +€108,060 | +50.5% |
| Land and buildings | 22 | €213,870 | €321,930 | +€108,060 | +50.5% |
| Current assets | 29/58 | €229,635 | €1,949 | -€227,686 | -99.2% |
| Amounts receivable within one year | 40/41 | €211,456 | €975 | -€210,481 | -99.5% |
| Trade receivables | 40 | €210,552 | - | -€210,552 | |
| Other amounts receivable | 41 | €904 | €975 | +€71 | +7.9% |
| Cash at bank and in hand | 54/58 | €18,178 | €973 | -€17,205 | -94.6% |
| Total equity and liabilities | 10/49 | €443,505 | €323,878 | -€119,626 | -27.0% |
| Equity | 10/15 | -€10,175 | -€19,416 | -€9,241 | -90.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,275 | -€19,516 | -€9,241 | -89.9% |
| Amounts payable | 17/49 | €453,679 | €343,294 | -€110,385 | -24.3% |
| Amounts payable after more than one year | 17 | €230,311 | €321,681 | +€91,370 | +39.7% |
| Financial debts | 170/4 | €230,311 | €321,681 | +€91,370 | +39.7% |
| Amounts payable within one year | 42/48 | €3,976 | €21,613 | +€17,637 | +444% |
| Trade debts | 44 | €3,976 | €10,420 | +€6,444 | +162% |
| Suppliers | 440/4 | €3,976 | €10,420 | +€6,444 | +162% |
| Other amounts payable | 47/48 | - | €11,193 | +€11,193 | |
| Accrued charges and deferred income | 492/3 | €219,392 | - | -€219,392 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €396 | - | -€396 | |
| Gross operating margin | 9900 | -€9,879 | -€8,770 | +€1,108 | +11.2% |
| Operating profit (loss) | 9901 | -€10,275 | -€9,170 | +€1,105 | +10.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | - | €71 | +€71 | |
| Recurring financial charges | 65 | - | €71 | +€71 | |
| Profit (loss) for the period before taxes | 9903 | -€10,275 | -€9,241 | +€1,034 | +10.1% |
| Profit (loss) for the period | 9904 | -€10,275 | -€9,241 | +€1,034 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,275 | -€9,241 | +€1,034 | +10.1% |
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 20 October 2026 via checked.be.