Dirk Antoon Benoy: what changed
Dirk Antoon Benoy
Largest movements
- Current investments +€209,204
up €209,204 (+60.1%), from €348,061 to €557,265
- Cash -€145,511
down €145,511 (-85.2%), from €170,716 to €25,205
mainly Current investments (-€209,204) and Debts after one year (-€111,000)
- Tangible fixed assets -€12,434
down €12,434 (-23.3%), from €53,366 to €40,932
of which Furniture and vehicles: -€13,681
- Debts after one year -€111,000
down €111,000 (-100%), from €111,000 to €0
of which Financial debts: -€111,000
- Other debts +€88,538
up €88,538 (+384%), from €23,039 to €111,577
- Reserves +€74,537
up €74,537 (+32.5%), from €229,534 to €304,070
- Accrued charges and deferred income +€8,622
new in 2025: €8,622
- Financial income +€17,347
up €17,347 (+488%), from €3,551 to €20,898
of which Financial income: +€17,347
- Financial charges +€12,327
up €12,327, from -€1,360 to €10,967
- Gross operating margin -€8,696
down €8,696 (-7.7%), from €113,339 to €104,643
- Taxes -€5,303
down €5,303 (-19.1%), from €27,784 to €22,481
- Depreciation +€3,508
up €3,508 (+28.7%), from €12,230 to €15,738
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €589,035 | €640,757 | +€51,722 | +8.8% |
| Fixed assets | 21/28 | €53,366 | €40,932 | -€12,434 | -23.3% |
| Tangible fixed assets | 22/27 | €53,366 | €40,932 | -€12,434 | -23.3% |
| Plant, machinery and equipment | 23 | €6,671 | €7,918 | +€1,247 | +18.7% |
| Furniture and vehicles | 24 | €46,695 | €33,014 | -€13,681 | -29.3% |
| Current assets | 29/58 | €535,669 | €599,825 | +€64,156 | +12.0% |
| Amounts receivable within one year | 40/41 | €13,189 | €16,298 | +€3,109 | +23.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €13,189 | €16,298 | +€3,109 | +23.6% |
| Current investments | 50/53 | €348,061 | €557,265 | +€209,204 | +60.1% |
| Cash at bank and in hand | 54/58 | €170,716 | €25,205 | -€145,511 | -85.2% |
| Deferred charges and accrued income | 490/1 | €3,703 | €1,057 | -€2,647 | -71.5% |
| Total equity and liabilities | 10/49 | €589,035 | €640,757 | +€51,722 | +8.8% |
| Equity | 10/15 | €442,534 | €517,070 | +€74,537 | +16.8% |
| Contributions | 10/11 | €213,000 | €213,000 | = | 0.0% |
| Reserves | 13 | €229,534 | €304,070 | +€74,537 | +32.5% |
| Distributable reserves | 133 | €229,534 | €304,070 | +€74,537 | +32.5% |
| Amounts payable | 17/49 | €146,501 | €123,687 | -€22,815 | -15.6% |
| Amounts payable after more than one year | 17 | €111,000 | €0 | -€111,000 | -100% |
| Financial debts | 170/4 | €111,000 | €0 | -€111,000 | -100% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €35,501 | €115,064 | +€79,563 | +224% |
| Financial debts | 43 | €6,384 | €1,396 | -€4,988 | -78.1% |
| Credit institutions | 430/8 | €6,384 | €1,396 | -€4,988 | -78.1% |
| Trade debts | 44 | €4,720 | €2,092 | -€2,629 | -55.7% |
| Suppliers | 440/4 | €4,720 | €2,092 | -€2,629 | -55.7% |
| Taxes, remuneration and social security | 45 | €1,359 | €0 | -€1,359 | -100% |
| Taxes | 450/3 | €1,359 | €0 | -€1,359 | -100% |
| Other amounts payable | 47/48 | €23,039 | €111,577 | +€88,538 | +384% |
| Accrued charges and deferred income | 492/3 | - | €8,622 | +€8,622 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,230 | €15,738 | +€3,508 | +28.7% |
| Other operating charges | 640/8 | €990 | €1,818 | +€828 | +83.6% |
| Gross operating margin | 9900 | €113,339 | €104,643 | -€8,696 | -7.7% |
| Operating profit (loss) | 9901 | €100,119 | €87,086 | -€13,033 | -13.0% |
| Financial income | 75/76B | €3,551 | €20,898 | +€17,347 | +488% |
| Recurring financial income | 75 | €3,551 | €20,898 | +€17,347 | +488% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | -€1,360 | €10,967 | +€12,327 | |
| Recurring financial charges | 65 | -€1,360 | €10,967 | +€12,327 | |
| Profit (loss) for the period before taxes | 9903 | €105,031 | €97,018 | -€8,013 | -7.6% |
| Income taxes | 67/77 | €27,784 | €22,481 | -€5,303 | -19.1% |
| Profit (loss) for the period | 9904 | €77,246 | €74,537 | -€2,709 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €77,246 | €74,537 | -€2,709 | -3.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.