Reniers Benjamin: 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.
Reniers Benjamin
Largest movements
- Receivables within one year +€35,765
up €35,765 (+212%), from €16,867 to €52,632
of which Trade receivables: +€28,099
- Cash +€10,303
up €10,303 (+38.5%), from €26,754 to €37,057
mainly Trade debts (+€27,939) and Net result for the year (+€22,129)
- Stocks and contracts +€8,529
up €8,529 (+129%), from €6,591 to €15,120
of which Stocks: +€8,630
- Tangible fixed assets -€3,845
down €3,845 (-59.4%), from €6,471 to €2,626
of which Plant, machinery and equipment: -€2,184
- Deferred charges and accrued income +€1,597
up €1,597 (+78.8%), from €2,028 to €3,625
- Trade debts +€27,939
up €27,939 (+1,373%), from €2,035 to €29,974
- Reserves +€12,234
up €12,234 (+11.9%), from €103,226 to €115,460
- Profit (loss) carried forward +€9,894
no longer reported in 2025 (was -€9,894)
- Tax, wage and social debts +€5,528
up €5,528 (+326%), from €1,695 to €7,223
of which Remuneration and social security: +€4,500
- Current portion of long-term debt -€3,018
down €3,018 (-91.5%), from €3,300 to €282
- Gross operating margin +€28,021
up €28,021 (+523%), from €5,356 to €33,377
- Depreciation -€9,016
down €9,016 (-70.1%), from €12,861 to €3,845
- Taxes +€6,079
up €6,079 (+3,119%), from €195 to €6,274
- Financial charges -€883
down €883 (-62.2%), from €1,420 to €537
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 | €103,711 | €156,060 | +€52,350 | +50.5% |
| Fixed assets | 21/28 | €6,471 | €2,626 | -€3,845 | -59.4% |
| Tangible fixed assets | 22/27 | €6,471 | €2,626 | -€3,845 | -59.4% |
| Land and buildings | 22 | €219 | €26 | -€192 | -88.0% |
| Plant, machinery and equipment | 23 | €3,883 | €1,699 | -€2,184 | -56.2% |
| Furniture and vehicles | 24 | €2,369 | €901 | -€1,468 | -62.0% |
| Current assets | 29/58 | €97,240 | €153,434 | +€56,194 | +57.8% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Other amounts receivable | 291 | €45,000 | €45,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €6,591 | €15,120 | +€8,529 | +129% |
| Stocks | 30/36 | €2,172 | €10,802 | +€8,630 | +397% |
| Contracts in progress | 37 | €4,419 | €4,318 | -€100 | -2.3% |
| Amounts receivable within one year | 40/41 | €16,867 | €52,632 | +€35,765 | +212% |
| Trade receivables | 40 | €11,213 | €39,313 | +€28,099 | +251% |
| Other amounts receivable | 41 | €5,654 | €13,319 | +€7,666 | +136% |
| Cash at bank and in hand | 54/58 | €26,754 | €37,057 | +€10,303 | +38.5% |
| Deferred charges and accrued income | 490/1 | €2,028 | €3,625 | +€1,597 | +78.8% |
| Total equity and liabilities | 10/49 | €103,711 | €156,060 | +€52,350 | +50.5% |
| Equity | 10/15 | €96,332 | €118,460 | +€22,129 | +23.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €103,226 | €115,460 | +€12,234 | +11.9% |
| Distributable reserves | 133 | €103,226 | €115,460 | +€12,234 | +11.9% |
| Profit (loss) carried forward | 14 | -€9,894 | - | +€9,894 | |
| Amounts payable | 17/49 | €7,379 | €37,600 | +€30,221 | +410% |
| Amounts payable after more than one year | 17 | €282 | - | -€282 | |
| Financial debts | 170/4 | €282 | - | -€282 | |
| Amounts payable within one year | 42/48 | €7,030 | €37,480 | +€30,450 | +433% |
| Current portion of amounts payable after more than one year | 42 | €3,300 | €282 | -€3,018 | -91.5% |
| Trade debts | 44 | €2,035 | €29,974 | +€27,939 | +1,373% |
| Suppliers | 440/4 | €2,035 | €29,974 | +€27,939 | +1,373% |
| Taxes, remuneration and social security | 45 | €1,695 | €7,223 | +€5,528 | +326% |
| Taxes | 450/3 | €195 | €1,223 | +€1,028 | +528% |
| Remuneration and social security | 454/9 | €1,500 | €6,000 | +€4,500 | +300% |
| Accrued charges and deferred income | 492/3 | €67 | €120 | +€54 | +80.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,861 | €3,845 | -€9,016 | -70.1% |
| Other operating charges | 640/8 | €1,103 | €985 | -€118 | -10.7% |
| Gross operating margin | 9900 | €5,356 | €33,377 | +€28,021 | +523% |
| Operating profit (loss) | 9901 | -€8,608 | €28,548 | +€37,155 | |
| Financial income | 75/76B | €328 | €392 | +€63 | +19.3% |
| Recurring financial income | 75 | €328 | €392 | +€63 | +19.3% |
| Financial charges | 65/66B | €1,420 | €537 | -€883 | -62.2% |
| Recurring financial charges | 65 | €1,420 | €537 | -€883 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,700 | €28,402 | +€38,102 | |
| Income taxes | 67/77 | €195 | €6,274 | +€6,079 | +3,119% |
| Profit (loss) for the period | 9904 | -€9,894 | €22,129 | +€32,023 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,894 | €22,129 | +€32,023 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.