DE BENDIS: 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.
DE BENDIS
Largest movements
- Receivables within one year -€140,926
down €140,926 (-45.4%), from €310,592 to €169,666
of which Trade receivables: -€135,445
- Cash +€40,026
up €40,026 (+48.3%), from €82,932 to €122,958
- Tangible fixed assets -€6,124
down €6,124 (-34.4%), from €17,797 to €11,673
- Trade debts -€73,268
down €73,268 (-33.1%), from €221,111 to €147,843
- Profit (loss) carried forward -€33,726
down €33,726, from €26,271 to -€7,455
- Tax, wage and social debts +€12,557
up €12,557 (+26.6%), from €47,186 to €59,743
of which Taxes: +€10,843
- Debts after one year -€5,904
no longer reported in 2025 (was €5,904)
- Other operating charges +€74,382
up €74,382 (+1,254%), from €5,933 to €80,315
- Gross operating margin +€63,423
up €63,423 (+250%), from €25,343 to €88,765
- Taxes +€11,420
up €11,420 (+4,599%), from €248 to €11,669
- Staff costs +€11,382
up €11,382 (+54.7%), from €20,810 to €32,191
- Financial income +€9,091
up €9,091 (+192%), from €4,727 to €13,818
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
A cash bridge needs two consecutive financial 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €411,321 | €304,297 | -€107,024 | -26.0% |
| Fixed assets | 21/28 | €17,797 | €11,673 | -€6,124 | -34.4% |
| Tangible fixed assets | 22/27 | €17,797 | €11,673 | -€6,124 | -34.4% |
| Furniture and vehicles | 24 | €17,797 | €11,673 | -€6,124 | -34.4% |
| Current assets | 29/58 | €393,524 | €292,624 | -€100,900 | -25.6% |
| Amounts receivable within one year | 40/41 | €310,592 | €169,666 | -€140,926 | -45.4% |
| Trade receivables | 40 | €301,780 | €166,335 | -€135,445 | -44.9% |
| Other amounts receivable | 41 | €8,812 | €3,331 | -€5,481 | -62.2% |
| Cash at bank and in hand | 54/58 | €82,932 | €122,958 | +€40,026 | +48.3% |
| Total equity and liabilities | 10/49 | €411,321 | €304,297 | -€107,024 | -26.0% |
| Equity | 10/15 | €127,466 | €93,740 | -€33,726 | -26.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €94,995 | €94,995 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €93,135 | €93,135 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,271 | -€7,455 | -€33,726 | |
| Amounts payable | 17/49 | €283,855 | €210,557 | -€73,298 | -25.8% |
| Amounts payable after more than one year | 17 | €5,904 | - | -€5,904 | |
| Financial debts | 170/4 | €5,904 | - | -€5,904 | |
| Amounts payable within one year | 42/48 | €277,950 | €210,557 | -€67,393 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €6,321 | €2,697 | -€3,624 | -57.3% |
| Trade debts | 44 | €221,111 | €147,843 | -€73,268 | -33.1% |
| Suppliers | 440/4 | €221,111 | €147,843 | -€73,268 | -33.1% |
| Taxes, remuneration and social security | 45 | €47,186 | €59,743 | +€12,557 | +26.6% |
| Taxes | 450/3 | €44,972 | €55,816 | +€10,843 | +24.1% |
| Remuneration and social security | 454/9 | €2,213 | €3,927 | +€1,714 | +77.4% |
| Other amounts payable | 47/48 | €3,333 | €274 | -€3,059 | -91.8% |
| Remuneration, social security and pensions | 62 | €20,810 | €32,191 | +€11,382 | +54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,176 | €11,624 | +€5,448 | +88.2% |
| Other operating charges | 640/8 | €5,933 | €80,315 | +€74,382 | +1,254% |
| Gross operating margin | 9900 | €25,343 | €88,765 | +€63,423 | +250% |
| Operating profit (loss) | 9901 | -€7,576 | -€35,364 | -€27,789 | -367% |
| Financial income | 75/76B | €4,727 | €13,818 | +€9,091 | +192% |
| Recurring financial income | 75 | €4,727 | €13,818 | +€9,091 | +192% |
| Financial charges | 65/66B | €1,575 | €511 | -€1,065 | -67.6% |
| Recurring financial charges | 65 | €1,575 | €511 | -€1,065 | -67.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,424 | -€22,057 | -€17,634 | -399% |
| Income taxes | 67/77 | €248 | €11,669 | +€11,420 | +4,599% |
| Profit (loss) for the period | 9904 | -€4,672 | -€33,726 | -€29,054 | -622% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,672 | -€33,726 | -€29,054 | -622% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.