Beniferro: what changed
Beniferro
Largest movements
- Current investments -€149,926
down €149,926 (-89.4%), from €167,716 to €17,791
- Stocks and contracts -€134,459
down €134,459 (-16.4%), from €817,617 to €683,158
- Cash -€69,586
down €69,586 (-52.5%), from €132,582 to €62,996
mainly Contributions, distributions and other (-€300,000) and Current portion of long-term debt (-€250,000)
- Intangible fixed assets -€47,728
down €47,728 (-16.7%), from €286,651 to €238,922
- Receivables within one year +€29,072
up €29,072 (+30.5%), from €95,411 to €124,483
of which Other amounts receivable: +€19,789
- Other debts +€300,000
up €300,000 (+12,830%), from €2,338 to €302,338
- Current portion of long-term debt -€250,000
down €250,000 (-100%), from €250,000 to €0
- Reserves -€218,934
down €218,934 (-21.4%), from €1.0m to €805,745
of which Distributable reserves: -€218,934
- Trade debts -€141,039
down €141,039 (-94.5%), from €149,321 to €8,282
- Tax, wage and social debts -€65,973
down €65,973 (-97.0%), from €68,005 to €2,032
of which Taxes: -€55,040
- Gross operating margin -€93,667
down €93,667 (-25.7%), from €365,158 to €271,491
- Staff costs -€69,900
down €69,900 (-74.8%), from €93,510 to €23,611
- Depreciation +€23,128
up €23,128 (+21.2%), from €109,050 to €132,178
- Taxes -€3,907
down €3,907 (-10.5%), from €37,231 to €33,324
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 | €1,512,942 | €1,136,996 | -€375,946 | -24.8% |
| Fixed assets | 21/28 | €296,737 | €244,108 | -€52,629 | -17.7% |
| Intangible fixed assets | 21 | €286,651 | €238,922 | -€47,728 | -16.7% |
| Tangible fixed assets | 22/27 | €10,086 | €5,186 | -€4,900 | -48.6% |
| Plant, machinery and equipment | 23 | €7,380 | €3,277 | -€4,104 | -55.6% |
| Furniture and vehicles | 24 | €2,706 | €1,910 | -€797 | -29.4% |
| Current assets | 29/58 | €1,216,205 | €892,888 | -€323,317 | -26.6% |
| Stocks and contracts in progress | 3 | €817,617 | €683,158 | -€134,459 | -16.4% |
| Stocks | 30/36 | €817,617 | €683,158 | -€134,459 | -16.4% |
| Amounts receivable within one year | 40/41 | €95,411 | €124,483 | +€29,072 | +30.5% |
| Trade receivables | 40 | €18,862 | €28,145 | +€9,283 | +49.2% |
| Other amounts receivable | 41 | €76,549 | €96,338 | +€19,789 | +25.9% |
| Current investments | 50/53 | €167,716 | €17,791 | -€149,926 | -89.4% |
| Cash at bank and in hand | 54/58 | €132,582 | €62,996 | -€69,586 | -52.5% |
| Deferred charges and accrued income | 490/1 | €2,879 | €4,460 | +€1,581 | +54.9% |
| Total equity and liabilities | 10/49 | €1,512,942 | €1,136,996 | -€375,946 | -24.8% |
| Equity | 10/15 | €1,043,278 | €824,345 | -€218,934 | -21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,024,678 | €805,745 | -€218,934 | -21.4% |
| Non-distributable reserves | 130/1 | €961 | €961 | = | 0.0% |
| Reserves not available under the articles | 1311 | €961 | €961 | = | 0.0% |
| Distributable reserves | 133 | €1,023,717 | €804,783 | -€218,934 | -21.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €469,664 | €312,652 | -€157,012 | -33.4% |
| Amounts payable within one year | 42/48 | €469,664 | €312,652 | -€157,012 | -33.4% |
| Current portion of amounts payable after more than one year | 42 | €250,000 | €0 | -€250,000 | -100% |
| Trade debts | 44 | €149,321 | €8,282 | -€141,039 | -94.5% |
| Suppliers | 440/4 | €149,321 | €8,282 | -€141,039 | -94.5% |
| Taxes, remuneration and social security | 45 | €68,005 | €2,032 | -€65,973 | -97.0% |
| Taxes | 450/3 | €56,285 | €1,245 | -€55,040 | -97.8% |
| Remuneration and social security | 454/9 | €11,720 | €787 | -€10,933 | -93.3% |
| Other amounts payable | 47/48 | €2,338 | €302,338 | +€300,000 | +12,830% |
| Remuneration, social security and pensions | 62 | €93,510 | €23,611 | -€69,900 | -74.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,050 | €132,178 | +€23,128 | +21.2% |
| Other operating charges | 640/8 | €4,207 | €632 | -€3,575 | -85.0% |
| Gross operating margin | 9900 | €365,158 | €271,491 | -€93,667 | -25.7% |
| Operating profit (loss) | 9901 | €158,390 | €115,071 | -€43,320 | -27.3% |
| Financial income | 75/76B | €3,875 | €596 | -€3,279 | -84.6% |
| Recurring financial income | 75 | €3,875 | €596 | -€3,279 | -84.6% |
| Financial charges | 65/66B | €2,701 | €1,276 | -€1,425 | -52.8% |
| Recurring financial charges | 65 | €2,701 | €1,276 | -€1,425 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | €159,564 | €114,390 | -€45,174 | -28.3% |
| Income taxes | 67/77 | €37,231 | €33,324 | -€3,907 | -10.5% |
| Profit (loss) for the period | 9904 | €122,333 | €81,066 | -€41,267 | -33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €122,333 | €81,066 | -€41,267 | -33.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.