DE BENGELTJES: 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 BENGELTJES
Largest movements
- Cash +€39,263
up €39,263 (+27.0%), from €145,669 to €184,932
mainly Net result for the year (+€110,411) and Depreciation (+€31,350)
- Reserves +€99,503
up €99,503 (+44.4%), from €224,301 to €323,804
of which Distributable reserves: +€99,503
- Other debts -€42,803
down €42,803 (-67.6%), from €63,336 to €20,533
- Debts after one year -€18,654
down €18,654 (-36.3%), from €51,369 to €32,715
- Tax, wage and social debts +€7,118
up €7,118 (+27.7%), from €25,710 to €32,829
of which Remuneration and social security: +€3,860
- Current portion of long-term debt -€6,032
down €6,032 (-24.4%), from €24,687 to €18,654
- Gross operating margin +€46,568
up €46,568 (+12.6%), from €368,740 to €415,307
- Staff costs +€28,711
up €28,711 (+14.9%), from €192,700 to €221,411
- Taxes +€6,286
up €6,286 (+16.1%), from €38,972 to €45,258
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 | €409,405 | €445,060 | +€35,655 | +8.7% |
| Fixed assets | 21/28 | €261,645 | €257,658 | -€3,987 | -1.5% |
| Tangible fixed assets | 22/27 | €261,645 | €257,658 | -€3,987 | -1.5% |
| Land and buildings | 22 | €213,769 | €220,497 | +€6,728 | +3.1% |
| Plant, machinery and equipment | 23 | €10,781 | €10,455 | -€326 | -3.0% |
| Furniture and vehicles | 24 | €37,095 | €26,706 | -€10,389 | -28.0% |
| Current assets | 29/58 | €147,760 | €187,402 | +€39,642 | +26.8% |
| Amounts receivable within one year | 40/41 | €528 | - | -€528 | |
| Other amounts receivable | 41 | €528 | - | -€528 | |
| Cash at bank and in hand | 54/58 | €145,669 | €184,932 | +€39,263 | +27.0% |
| Deferred charges and accrued income | 490/1 | €1,562 | €2,469 | +€908 | +58.1% |
| Total equity and liabilities | 10/49 | €409,405 | €445,060 | +€35,655 | +8.7% |
| Equity | 10/15 | €230,501 | €330,004 | +€99,503 | +43.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €224,301 | €323,804 | +€99,503 | +44.4% |
| Tax-exempt reserves | 132 | €12,850 | €12,850 | = | 0.0% |
| Distributable reserves | 133 | €211,451 | €310,954 | +€99,503 | +47.1% |
| Amounts payable | 17/49 | €178,904 | €115,056 | -€63,848 | -35.7% |
| Amounts payable after more than one year | 17 | €51,369 | €32,715 | -€18,654 | -36.3% |
| Financial debts | 170/4 | €51,369 | €32,715 | -€18,654 | -36.3% |
| Amounts payable within one year | 42/48 | €121,924 | €80,020 | -€41,905 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €24,687 | €18,654 | -€6,032 | -24.4% |
| Trade debts | 44 | €8,192 | €8,004 | -€188 | -2.3% |
| Suppliers | 440/4 | €8,192 | €8,004 | -€188 | -2.3% |
| Taxes, remuneration and social security | 45 | €25,710 | €32,829 | +€7,118 | +27.7% |
| Taxes | 450/3 | - | €3,258 | +€3,258 | |
| Remuneration and social security | 454/9 | €25,710 | €29,570 | +€3,860 | +15.0% |
| Other amounts payable | 47/48 | €63,336 | €20,533 | -€42,803 | -67.6% |
| Accrued charges and deferred income | 492/3 | €5,611 | €2,322 | -€3,289 | -58.6% |
| Remuneration, social security and pensions | 62 | €192,700 | €221,411 | +€28,711 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,393 | €31,350 | +€1,957 | +6.7% |
| Other operating charges | 640/8 | €1,929 | €1,845 | -€84 | -4.4% |
| Gross operating margin | 9900 | €368,740 | €415,307 | +€46,568 | +12.6% |
| Operating profit (loss) | 9901 | €144,718 | €160,701 | +€15,984 | +11.0% |
| Financial income | 75/76B | €401 | €613 | +€213 | +53.1% |
| Recurring financial income | 75 | €401 | €613 | +€213 | +53.1% |
| Financial charges | 65/66B | €8,517 | €5,645 | -€2,871 | -33.7% |
| Recurring financial charges | 65 | €8,517 | €5,645 | -€2,871 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €136,601 | €155,669 | +€19,068 | +14.0% |
| Income taxes | 67/77 | €38,972 | €45,258 | +€6,286 | +16.1% |
| Profit (loss) for the period | 9904 | €97,630 | €110,411 | +€12,781 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €97,630 | €110,411 | +€12,781 | +13.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.