BENOIT BINET: 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.
BENOIT BINET
Largest movements
- Receivables within one year -€22,730
down €22,730 (-35.1%), from €64,826 to €42,097
of which Trade receivables: -€21,445
- Intangible fixed assets -€13,000
down €13,000 (-30.8%), from €42,250 to €29,250
- Cash +€6,627
up €6,627 (+105.6%), from €6,278 to €12,904
mainly Receivables within one year (+€22,730) and Depreciation (+€17,145)
- Tangible fixed assets +€4,745
up €4,745 (+78.9%), from €6,011 to €10,756
- Deferred charges and accrued income +€1,623
up €1,623 (+38.4%), from €4,229 to €5,852
- Other debts -€22,815
down €22,815 (-24.5%), from €92,961 to €70,147
- Trade debts +€1,494
up €1,494 (+43.2%), from €3,456 to €4,950
- Tax, wage and social debts -€1,419
down €1,419 (-17.0%), from €8,364 to €6,945
- Gross operating margin -€23,252
down €23,252 (-37.9%), from €61,273 to €38,021
- Taxes -€4,293
down €4,293 (-45.5%), from €9,444 to €5,151
- Financial charges -€1,605
down €1,605 (-83.3%), from €1,926 to €321
- Depreciation +€1,219
up €1,219 (+7.7%), from €15,926 to €17,145
- Other operating charges +€781
up €781 (+68.9%), from €1,134 to €1,915
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 | €123,594 | €100,859 | -€22,735 | -18.4% |
| Fixed assets | 21/28 | €48,261 | €40,006 | -€8,255 | -17.1% |
| Intangible fixed assets | 21 | €42,250 | €29,250 | -€13,000 | -30.8% |
| Tangible fixed assets | 22/27 | €6,011 | €10,756 | +€4,745 | +78.9% |
| Furniture and vehicles | 24 | €6,011 | €10,756 | +€4,745 | +78.9% |
| Current assets | 29/58 | €75,333 | €60,853 | -€14,479 | -19.2% |
| Amounts receivable within one year | 40/41 | €64,826 | €42,097 | -€22,730 | -35.1% |
| Trade receivables | 40 | €61,535 | €40,090 | -€21,445 | -34.9% |
| Other amounts receivable | 41 | €3,291 | €2,007 | -€1,284 | -39.0% |
| Cash at bank and in hand | 54/58 | €6,278 | €12,904 | +€6,627 | +105.6% |
| Deferred charges and accrued income | 490/1 | €4,229 | €5,852 | +€1,623 | +38.4% |
| Total equity and liabilities | 10/49 | €123,594 | €100,859 | -€22,735 | -18.4% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €104,994 | €82,259 | -€22,735 | -21.7% |
| Amounts payable within one year | 42/48 | €104,781 | €82,042 | -€22,739 | -21.7% |
| Trade debts | 44 | €3,456 | €4,950 | +€1,494 | +43.2% |
| Suppliers | 440/4 | €3,456 | €4,950 | +€1,494 | +43.2% |
| Taxes, remuneration and social security | 45 | €8,364 | €6,945 | -€1,419 | -17.0% |
| Taxes | 450/3 | €8,364 | €6,945 | -€1,419 | -17.0% |
| Other amounts payable | 47/48 | €92,961 | €70,147 | -€22,815 | -24.5% |
| Accrued charges and deferred income | 492/3 | €213 | €217 | +€4 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,926 | €17,145 | +€1,219 | +7.7% |
| Other operating charges | 640/8 | €1,134 | €1,915 | +€781 | +68.9% |
| Gross operating margin | 9900 | €61,273 | €38,021 | -€23,252 | -37.9% |
| Operating profit (loss) | 9901 | €44,214 | €18,961 | -€25,252 | -57.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,926 | €321 | -€1,605 | -83.3% |
| Recurring financial charges | 65 | €1,926 | €321 | -€1,605 | -83.3% |
| Profit (loss) for the period before taxes | 9903 | €42,288 | €18,640 | -€23,647 | -55.9% |
| Income taxes | 67/77 | €9,444 | €5,151 | -€4,293 | -45.5% |
| Profit (loss) for the period | 9904 | €32,844 | €13,489 | -€19,355 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,844 | €13,489 | -€19,355 | -58.9% |
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 3 October 2026 via checked.be.