Al Binéte: what changed
Two fiscal 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.
Al Binéte
Largest movements
- Tangible fixed assets -€18,563
down €18,563 (-17.8%), from €104,024 to €85,461
of which Plant, machinery and equipment: -€9,353
- Stocks and contracts +€17,918
up €17,918 (+17.2%), from €104,087 to €122,005
- Cash -€12,592
down €12,592 (-46.0%), from €27,390 to €14,797
mainly Other debts (-€61,933) and Stocks and contracts (-€17,918)
- Receivables within one year -€5,756
down €5,756 (-4.3%), from €134,502 to €128,746
of which Trade receivables: -€51,686
- Other debts -€61,933
down €61,933 (-13.9%), from €446,542 to €384,609
- Profit (loss) carried forward +€39,477
up €39,477 (+6.9%), from -€568,719 to -€529,241
- Trade debts +€4,978
up €4,978 (+2.9%), from €173,570 to €178,548
- Short-term financial debts -€4,542
down €4,542 (-48.1%), from €9,438 to €4,896
- Gross operating margin +€51,628
up €51,628 (+25.4%), from €203,495 to €255,123
- Staff costs +€14,548
up €14,548 (+9.1%), from €159,105 to €173,652
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.
Cash bridge derived
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 | €372,775 | €353,892 | -€18,882 | -5.1% |
| Fixed assets | 21/28 | €106,495 | €87,932 | -€18,563 | -17.4% |
| Tangible fixed assets | 22/27 | €104,024 | €85,461 | -€18,563 | -17.8% |
| Plant, machinery and equipment | 23 | €42,782 | €33,428 | -€9,353 | -21.9% |
| Furniture and vehicles | 24 | €19,186 | €16,169 | -€3,017 | -15.7% |
| Other tangible fixed assets | 26 | €42,056 | €35,864 | -€6,192 | -14.7% |
| Financial fixed assets | 28 | €2,471 | €2,471 | = | 0.0% |
| Current assets | 29/58 | €266,280 | €265,961 | -€319 | -0.1% |
| Stocks and contracts in progress | 3 | €104,087 | €122,005 | +€17,918 | +17.2% |
| Stocks | 30/36 | €104,087 | €122,005 | +€17,918 | +17.2% |
| Amounts receivable within one year | 40/41 | €134,502 | €128,746 | -€5,756 | -4.3% |
| Trade receivables | 40 | €58,648 | €6,962 | -€51,686 | -88.1% |
| Other amounts receivable | 41 | €75,854 | €121,784 | +€45,930 | +60.6% |
| Cash at bank and in hand | 54/58 | €27,390 | €14,797 | -€12,592 | -46.0% |
| Deferred charges and accrued income | 490/1 | €301 | €412 | +€111 | +36.8% |
| Total equity and liabilities | 10/49 | €372,775 | €353,892 | -€18,882 | -5.1% |
| Equity | 10/15 | -€279,121 | -€239,643 | +€39,477 | +14.1% |
| Contributions | 10/11 | €285,081 | €285,081 | = | 0.0% |
| Reserves | 13 | €4,516 | €4,516 | = | 0.0% |
| Distributable reserves | 133 | €4,516 | €4,516 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€568,719 | -€529,241 | +€39,477 | +6.9% |
| Amounts payable | 17/49 | €651,895 | €593,536 | -€58,360 | -9.0% |
| Amounts payable within one year | 42/48 | €651,508 | €593,141 | -€58,367 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €9,438 | €4,896 | -€4,542 | -48.1% |
| Credit institutions | 430/8 | €9,438 | €4,896 | -€4,542 | -48.1% |
| Trade debts | 44 | €173,570 | €178,548 | +€4,978 | +2.9% |
| Suppliers | 440/4 | €173,570 | €178,548 | +€4,978 | +2.9% |
| Taxes, remuneration and social security | 45 | €21,958 | €25,087 | +€3,129 | +14.3% |
| Taxes | 450/3 | - | €28 | +€28 | |
| Remuneration and social security | 454/9 | €21,958 | €25,059 | +€3,101 | +14.1% |
| Other amounts payable | 47/48 | €446,542 | €384,609 | -€61,933 | -13.9% |
| Accrued charges and deferred income | 492/3 | €387 | €395 | +€8 | +2.0% |
| Non-recurring operating income | 76A | €5,702 | €0 | -€5,702 | -100.0% |
| Remuneration, social security and pensions | 62 | €159,105 | €173,652 | +€14,548 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,865 | €18,563 | -€2,302 | -11.0% |
| Other operating charges | 640/8 | €8,478 | €8,279 | -€199 | -2.3% |
| Non-recurring operating charges | 66A | - | €1,364 | +€1,364 | |
| Gross operating margin | 9900 | €203,495 | €255,123 | +€51,628 | +25.4% |
| Operating profit (loss) | 9901 | €15,048 | €53,265 | +€38,217 | +254.0% |
| Financial income | 75/76B | €612 | €135 | -€477 | -77.9% |
| Recurring financial income | 75 | €612 | €135 | -€477 | -77.9% |
| Financial charges | 65/66B | €15,585 | €13,927 | -€1,658 | -10.6% |
| Recurring financial charges | 65 | €15,585 | €13,927 | -€1,658 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €75 | €39,474 | +€39,399 | +52475.4% |
| Income taxes | 67/77 | - | -€4 | -€4 | |
| Profit (loss) for the period | 9904 | €75 | €39,477 | +€39,402 | +52480.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75 | €39,477 | +€39,402 | +52480.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.