YAEL BENHAMOU: 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.
YAEL BENHAMOU
Largest movements
- Cash +€31,616
up €31,616 (+30.1%), from €104,918 to €136,534
mainly Other debts (+€59,668) and Net result for the year (+€45,830)
- Deferred charges and accrued income -€29,200
down €29,200 (-75.8%), from €38,531 to €9,331
- Tangible fixed assets +€8,643
up €8,643 (+32.3%), from €26,787 to €35,430
of which Plant, machinery and equipment: +€13,106
- Receivables within one year +€2,450
new in 2026: €2,450
of which Other amounts receivable: +€2,300
- Other debts +€59,668
up €59,668 (+283%), from €21,088 to €80,756
- Profit (loss) carried forward -€44,170
down €44,170 (-36.4%), from €121,271 to €77,101
- Tax, wage and social debts -€6,184
down €6,184 (-100%), from €6,184 to €0
- Trade debts +€4,106
up €4,106 (+336%), from €1,222 to €5,328
- Gross operating margin -€26,165
down €26,165 (-27.3%), from €95,899 to €69,735
- Taxes -€4,955
down €4,955 (-28.1%), from €17,654 to €12,700
- Depreciation +€2,109
up €2,109 (+47.3%), from €4,463 to €6,573
- Financial charges +€2,057
up €2,057 (+1,455%), from €141 to €2,198
- Other operating charges +€1,043
up €1,043 (+74.7%), from €1,397 to €2,440
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,236 | €183,745 | +€13,508 | +7.9% |
| Fixed assets | 21/28 | €26,787 | €35,430 | +€8,643 | +32.3% |
| Tangible fixed assets | 22/27 | €26,787 | €35,430 | +€8,643 | +32.3% |
| Plant, machinery and equipment | 23 | - | €13,106 | +€13,106 | |
| Furniture and vehicles | 24 | €2,658 | €1,367 | -€1,291 | -48.6% |
| Other tangible fixed assets | 26 | €24,129 | €20,957 | -€3,173 | -13.1% |
| Current assets | 29/58 | €143,449 | €148,315 | +€4,865 | +3.4% |
| Amounts receivable within one year | 40/41 | - | €2,450 | +€2,450 | |
| Trade receivables | 40 | - | €149 | +€149 | |
| Other amounts receivable | 41 | - | €2,300 | +€2,300 | |
| Cash at bank and in hand | 54/58 | €104,918 | €136,534 | +€31,616 | +30.1% |
| Deferred charges and accrued income | 490/1 | €38,531 | €9,331 | -€29,200 | -75.8% |
| Total equity and liabilities | 10/49 | €170,236 | €183,745 | +€13,508 | +7.9% |
| Equity | 10/15 | €141,731 | €97,561 | -€44,170 | -31.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,271 | €77,101 | -€44,170 | -36.4% |
| Amounts payable | 17/49 | €28,505 | €86,183 | +€57,678 | +202% |
| Amounts payable within one year | 42/48 | €28,505 | €86,183 | +€57,678 | +202% |
| Financial debts | 43 | €11 | €99 | +€88 | +799% |
| Credit institutions | 430/8 | €11 | €99 | +€88 | +799% |
| Trade debts | 44 | €1,222 | €5,328 | +€4,106 | +336% |
| Suppliers | 440/4 | €1,222 | €5,328 | +€4,106 | +336% |
| Taxes, remuneration and social security | 45 | €6,184 | €0 | -€6,184 | -100% |
| Taxes | 450/3 | €6,184 | €0 | -€6,184 | -100% |
| Other amounts payable | 47/48 | €21,088 | €80,756 | +€59,668 | +283% |
| Non-recurring operating income | 76A | €18,662 | €0 | -€18,662 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,463 | €6,573 | +€2,109 | +47.3% |
| Other operating charges | 640/8 | €1,397 | €2,440 | +€1,043 | +74.7% |
| Gross operating margin | 9900 | €95,899 | €69,735 | -€26,165 | -27.3% |
| Operating profit (loss) | 9901 | €90,039 | €60,722 | -€29,317 | -32.6% |
| Financial income | 75/76B | €0 | €6 | +€6 | +59,500% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +59,500% |
| Financial charges | 65/66B | €141 | €2,198 | +€2,057 | +1,455% |
| Recurring financial charges | 65 | €141 | €2,198 | +€2,057 | +1,455% |
| Profit (loss) for the period before taxes | 9903 | €89,897 | €58,529 | -€31,368 | -34.9% |
| Income taxes | 67/77 | €17,654 | €12,700 | -€4,955 | -28.1% |
| Profit (loss) for the period | 9904 | €72,243 | €45,830 | -€26,413 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,243 | €45,830 | -€26,413 | -36.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.