DEFER Benjamin: 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.
DEFER Benjamin
Largest movements
- Receivables within one year -€22,716
down €22,716 (-53.8%), from €42,257 to €19,541
of which Trade receivables: -€35,904
- Cash +€15,562
up €15,562 (+2525.8%), from €616 to €16,178
mainly Receivables within one year (+€22,716) and Net result for the year (+€14,489)
- Tangible fixed assets +€666
up €666 (+98.9%), from €673 to €1,339
- Trade debts -€20,077
down €20,077 (-95.4%), from €21,038 to €961
- Reserves +€14,489
up €14,489 (+779.0%), from €1,860 to €16,349
of which Distributable reserves: +€14,489
- Tax, wage and social debts -€909
down €909 (-32.1%), from €2,836 to €1,926
of which Remuneration and social security: -€1,500
- Taxes +€1,460
up €1,460 (+773.5%), from €189 to €1,649
- Depreciation +€525
up €525 (+873.1%), from €60 to €585
- Other operating charges +€418
up €418 (+47.2%), from €886 to €1,304
- Gross operating margin -€368
down €368 (-2.0%), from €18,678 to €18,310
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 | €44,478 | €37,980 | -€6,497 | -14.6% |
| Fixed assets | 21/28 | €673 | €1,339 | +€666 | +98.9% |
| Tangible fixed assets | 22/27 | €673 | €1,339 | +€666 | +98.9% |
| Furniture and vehicles | 24 | €673 | €1,339 | +€666 | +98.9% |
| Current assets | 29/58 | €43,804 | €36,641 | -€7,163 | -16.4% |
| Amounts receivable within one year | 40/41 | €42,257 | €19,541 | -€22,716 | -53.8% |
| Trade receivables | 40 | €39,305 | €3,401 | -€35,904 | -91.3% |
| Other amounts receivable | 41 | €2,951 | €16,140 | +€13,188 | +446.9% |
| Cash at bank and in hand | 54/58 | €616 | €16,178 | +€15,562 | +2525.8% |
| Deferred charges and accrued income | 490/1 | €932 | €922 | -€10 | -1.0% |
| Total equity and liabilities | 10/49 | €44,478 | €37,980 | -€6,497 | -14.6% |
| Equity | 10/15 | €20,604 | €35,093 | +€14,489 | +70.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €16,349 | +€14,489 | +779.0% |
| 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 | - | €14,489 | +€14,489 | |
| Profit (loss) carried forward | 14 | €144 | €144 | = | 0.0% |
| Amounts payable | 17/49 | €23,873 | €2,887 | -€20,986 | -87.9% |
| Amounts payable within one year | 42/48 | €23,873 | €2,887 | -€20,986 | -87.9% |
| Trade debts | 44 | €21,038 | €961 | -€20,077 | -95.4% |
| Suppliers | 440/4 | €21,038 | €961 | -€20,077 | -95.4% |
| Taxes, remuneration and social security | 45 | €2,836 | €1,926 | -€909 | -32.1% |
| Taxes | 450/3 | €1,336 | €1,926 | +€591 | +44.2% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60 | €585 | +€525 | +873.1% |
| Other operating charges | 640/8 | €886 | €1,304 | +€418 | +47.2% |
| Gross operating margin | 9900 | €18,678 | €18,310 | -€368 | -2.0% |
| Operating profit (loss) | 9901 | €17,732 | €16,421 | -€1,311 | -7.4% |
| Financial income | 75/76B | €91 | €27 | -€64 | -70.7% |
| Recurring financial income | 75 | €91 | €27 | -€64 | -70.7% |
| Financial charges | 65/66B | €207 | €310 | +€104 | +50.1% |
| Recurring financial charges | 65 | €207 | €310 | +€104 | +50.1% |
| Profit (loss) for the period before taxes | 9903 | €17,616 | €16,138 | -€1,478 | -8.4% |
| Income taxes | 67/77 | €189 | €1,649 | +€1,460 | +773.5% |
| Profit (loss) for the period | 9904 | €17,427 | €14,489 | -€2,938 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,427 | €14,489 | -€2,938 | -16.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.