Joke Bensch: 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.
Joke Bensch
Largest movements
- Cash +€24,158
up €24,158 (+195.7%), from €12,342 to €36,500
mainly Other debts (+€56,000) and Net result for the year (+€21,707)
- Tangible fixed assets -€9,370
down €9,370 (-24.7%), from €37,915 to €28,545
of which Furniture and vehicles: -€8,687
- Receivables within one year -€7,195
down €7,195 (-52.9%), from €13,610 to €6,415
of which Trade receivables: -€9,222
- Other debts +€56,000
new in 2025: €56,000
- Profit (loss) carried forward -€34,293
down €34,293 (-99.4%), from €34,503 to €210
- Debts after one year -€8,734
down €8,734 (-34.8%), from €25,118 to €16,384
- Tax, wage and social debts -€4,755
down €4,755 (-27.5%), from €17,290 to €12,535
of which Remuneration and social security: -€2,500
- Trade debts -€1,055
down €1,055 (-59.2%), from €1,782 to €727
- Gross operating margin +€9,533
up €9,533 (+29.7%), from €32,128 to €41,661
- Taxes +€2,536
up €2,536 (+60.8%), from €4,173 to €6,710
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 | €88,997 | €96,590 | +€7,593 | +8.5% |
| Fixed assets | 21/28 | €37,915 | €28,545 | -€9,370 | -24.7% |
| Tangible fixed assets | 22/27 | €37,915 | €28,545 | -€9,370 | -24.7% |
| Plant, machinery and equipment | 23 | €1,143 | €459 | -€684 | -59.8% |
| Furniture and vehicles | 24 | €36,772 | €28,085 | -€8,687 | -23.6% |
| Current assets | 29/58 | €51,082 | €68,046 | +€16,963 | +33.2% |
| Amounts receivable within one year | 40/41 | €13,610 | €6,415 | -€7,195 | -52.9% |
| Trade receivables | 40 | €9,222 | - | -€9,222 | |
| Other amounts receivable | 41 | €4,388 | €6,415 | +€2,028 | +46.2% |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,342 | €36,500 | +€24,158 | +195.7% |
| Deferred charges and accrued income | 490/1 | €130 | €130 | = | 0.0% |
| Total equity and liabilities | 10/49 | €88,997 | €96,590 | +€7,593 | +8.5% |
| Equity | 10/15 | €36,503 | €2,210 | -€34,293 | -93.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,503 | €210 | -€34,293 | -99.4% |
| Amounts payable | 17/49 | €52,494 | €94,380 | +€41,886 | +79.8% |
| Amounts payable after more than one year | 17 | €25,118 | €16,384 | -€8,734 | -34.8% |
| Financial debts | 170/4 | €25,118 | €16,384 | -€8,734 | -34.8% |
| Amounts payable within one year | 42/48 | €27,377 | €77,996 | +€50,619 | +184.9% |
| Financial debts | 43 | €8,305 | €8,734 | +€429 | +5.2% |
| Credit institutions | 430/8 | €8,305 | €8,734 | +€429 | +5.2% |
| Trade debts | 44 | €1,782 | €727 | -€1,055 | -59.2% |
| Suppliers | 440/4 | €1,782 | €727 | -€1,055 | -59.2% |
| Taxes, remuneration and social security | 45 | €17,290 | €12,535 | -€4,755 | -27.5% |
| Taxes | 450/3 | €14,790 | €12,535 | -€2,255 | -15.2% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | - | €56,000 | +€56,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,808 | €11,066 | +€258 | +2.4% |
| Other operating charges | 640/8 | €573 | €573 | -€0 | -0.1% |
| Gross operating margin | 9900 | €32,128 | €41,661 | +€9,533 | +29.7% |
| Operating profit (loss) | 9901 | €20,747 | €30,023 | +€9,275 | +44.7% |
| Financial income | 75/76B | - | €85 | +€85 | |
| Recurring financial income | 75 | - | €85 | +€85 | |
| Financial charges | 65/66B | €1,990 | €1,690 | -€299 | -15.0% |
| Recurring financial charges | 65 | €1,990 | €1,690 | -€299 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €18,758 | €28,417 | +€9,659 | +51.5% |
| Income taxes | 67/77 | €4,173 | €6,710 | +€2,536 | +60.8% |
| Profit (loss) for the period | 9904 | €14,584 | €21,707 | +€7,123 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,584 | €21,707 | +€7,123 | +48.8% |
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 11 October 2026 via checked.be.