TOP BENIPAL: 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.
TOP BENIPAL
Largest movements
- Cash -€4,409
down €4,409 (-51.0%), from €8,653 to €4,244
mainly Other debts (-€17,075) and Trade debts (-€5,780)
- Stocks and contracts +€3,520
up €3,520 (+10.6%), from €33,260 to €36,780
- Tangible fixed assets -€2,523
no longer reported in 2025 (was €2,523)
- Financial fixed assets +€1,760
up €1,760 (+27.5%), from €6,400 to €8,160
- Receivables within one year -€855
down €855 (-78.9%), from €1,084 to €228
- Profit (loss) carried forward +€24,143
up €24,143, from -€4,115 to €20,028
- Other debts -€17,075
no longer reported in 2025 (was €17,075)
- Trade debts -€5,780
down €5,780 (-79.6%), from €7,259 to €1,480
- Tax, wage and social debts -€3,796
down €3,796 (-16.2%), from €23,462 to €19,665
of which Taxes: -€2,011
- Gross operating margin +€28,671
up €28,671 (+82.8%), from €34,647 to €63,318
- Taxes +€5,657
new in 2025: €5,657
- Depreciation -€4,546
down €4,546 (-64.3%), from €7,069 to €2,523
- Financial charges +€1,678
up €1,678 (+3,736%), from €45 to €1,723
- Staff costs +€1,159
up €1,159 (+4.3%), from €27,256 to €28,415
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 | €51,920 | €49,412 | -€2,508 | -4.8% |
| Fixed assets | 21/28 | €8,924 | €8,160 | -€763 | -8.6% |
| Tangible fixed assets | 22/27 | €2,523 | - | -€2,523 | |
| Furniture and vehicles | 24 | €2,523 | - | -€2,523 | |
| Financial fixed assets | 28 | €6,400 | €8,160 | +€1,760 | +27.5% |
| Current assets | 29/58 | €42,996 | €41,252 | -€1,744 | -4.1% |
| Stocks and contracts in progress | 3 | €33,260 | €36,780 | +€3,520 | +10.6% |
| Stocks | 30/36 | €33,260 | €36,780 | +€3,520 | +10.6% |
| Amounts receivable within one year | 40/41 | €1,084 | €228 | -€855 | -78.9% |
| Other amounts receivable | 41 | €1,084 | €228 | -€855 | -78.9% |
| Cash at bank and in hand | 54/58 | €8,653 | €4,244 | -€4,409 | -51.0% |
| Total equity and liabilities | 10/49 | €51,920 | €49,412 | -€2,508 | -4.8% |
| Equity | 10/15 | €4,125 | €28,268 | +€24,143 | +585% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,040 | €2,040 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,040 | €2,040 | = | 0.0% |
| Legal reserve | 130 | €2,040 | €2,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,115 | €20,028 | +€24,143 | |
| Amounts payable | 17/49 | €47,796 | €21,145 | -€26,651 | -55.8% |
| Amounts payable within one year | 42/48 | €47,796 | €21,145 | -€26,651 | -55.8% |
| Trade debts | 44 | €7,259 | €1,480 | -€5,780 | -79.6% |
| Suppliers | 440/4 | €7,259 | €1,480 | -€5,780 | -79.6% |
| Taxes, remuneration and social security | 45 | €23,462 | €19,665 | -€3,796 | -16.2% |
| Taxes | 450/3 | €11,003 | €8,992 | -€2,011 | -18.3% |
| Remuneration and social security | 454/9 | €12,459 | €10,673 | -€1,785 | -14.3% |
| Other amounts payable | 47/48 | €17,075 | - | -€17,075 | |
| Remuneration, social security and pensions | 62 | €27,256 | €28,415 | +€1,159 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,069 | €2,523 | -€4,546 | -64.3% |
| Other operating charges | 640/8 | €1,810 | €857 | -€954 | -52.7% |
| Gross operating margin | 9900 | €34,647 | €63,318 | +€28,671 | +82.8% |
| Operating profit (loss) | 9901 | -€1,489 | €31,523 | +€33,012 | |
| Financial charges | 65/66B | €45 | €1,723 | +€1,678 | +3,736% |
| Recurring financial charges | 65 | €45 | €1,723 | +€1,678 | +3,736% |
| Profit (loss) for the period before taxes | 9903 | -€1,534 | €29,800 | +€31,334 | |
| Income taxes | 67/77 | - | €5,657 | +€5,657 | |
| Profit (loss) for the period | 9904 | -€1,534 | €24,143 | +€25,677 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,534 | €24,143 | +€25,677 |
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 13 October 2026 via checked.be.