Binary
Annual accounts 2025
micro format, filed on 28-07-2026, 3 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €95,000. Estimated: probably between €55,000 and €130,000.
Balance sheet
balance sheet total €67,727 on 31-12-2025Change in equityin euro
Change in cashin euro
Position in the sector
Solvency67.3%
Higher than 62% of 39,335 companies in 2025.
Current ratio1.98
Higher than 48% of 38,020 companies in 2025.
Return on assets32.1%
Higher than 73% of 38,492 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
Total assets20/58 |
67,727 | 39,706 | |
Fixed assets21/28 |
27,215 | 3,343 | |
Tangible fixed assets22/27 |
27,215 | 3,343 | |
Plant, machinery and equipment23 |
484 | - | |
Furniture and vehicles24 |
23,706 | 3,343 | |
Other tangible fixed assets26 |
3,025 | - | |
Current assets29/58 |
40,512 | 36,363 | |
Amounts receivable within one year40/41 |
26,754 | 19,247 | |
Other amounts receivable41 |
26,754 | 19,247 | |
Cash at bank and in hand54/58 |
13,758 | 17,116 | |
| Balance sheet: equity and liabilities | |||
Total equity and liabilities10/49 |
67,727 | 39,706 | |
Equity10/15 |
45,556 | 23,795 | |
Contributions10/11 |
100 | 100 | |
Reserves13 |
45,456 | 23,695 | |
Distributable reserves133 |
45,456 | 23,695 | |
Amounts payable17/49 |
22,171 | 15,911 | |
Amounts payable after more than one year17 |
1,665 | 2,522 | |
Financial debts170/4 |
1,665 | 2,522 | |
Amounts payable within one year42/48 |
20,506 | 13,390 | |
Current portion of amounts payable after more than one year42 |
857 | 823 | |
Trade debts44 |
9,431 | 1,662 | |
Suppliers440/4 |
9,431 | 1,662 | |
Taxes, remuneration and social security45 |
10,039 | 10,905 | |
Taxes450/3 |
10,039 | 10,905 | |
Other amounts payable47/48 |
179 | - | |
| Income statement | |||
Gross operating margin9900 |
32,537 | 31,791 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
2,264 | 135 | |
Other operating charges640/8 |
1,625 | 925 | |
Operating profit (loss)9901 |
28,649 | 30,731 | |
Financial charges65/66B |
403 | 512 | |
Recurring financial charges65 |
403 | 512 | |
Profit (loss) for the period before taxes9903 |
28,246 | 30,219 | |
Income taxes67/77 |
6,484 | 6,524 | |
Profit (loss) for the period9904 |
21,762 | 23,695 | |
Profit (loss) for the period to be appropriated9905 |
21,762 | 23,695 | |
| Appropriation of the result | |||
Profit (loss) to be appropriated9906 |
21,762 | 23,695 | |
Transfer to equity691/2 |
21,762 | 23,695 | |
To other reserves6921 |
21,762 | 23,695 | |
| Document | |||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| EBITDA | 30,912 | 30,866 | |
| Cash flow | 24,026 | 23,830 | |
| Investment in fixed assets | 26,136 | 3,478 | |
| Change in cash | -3,358 | - | |
| Working capital | 20,006 | 22,973 | |
| Solvency | 67.3% | 59.9% | |
| Current ratio | 1.98 | 2.72 | |
| Debt to equity | 0.49 | 0.67 | |
| ROE | 47.8% | 99.6% | |
| ROA | 32.1% | 59.7% | |
| Interest coverage | 76.78 | 60.26 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €26,136 | €3,478 |
| Depreciation and write-downs of the year | €2,264 | €135 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Binary
The operating result for 2025 is 7% lower than in 2024.
Debt's share of the balance-sheet total falls from 40.1% to 32.7%. Equity and debt are higher.