BINAC: 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.
BINAC
Largest movements
- Cash -€52,521
down €52,521 (-47.2%), from €111,335 to €58,815
mainly Receivables after one year (-€45,000) and Receivables within one year (-€36,182)
- Receivables after one year +€45,000
up €45,000 (+300.0%), from €15,000 to €60,000
- Receivables within one year +€36,182
up €36,182 (+100.4%), from €36,052 to €72,234
of which Trade receivables: +€19,018
- Tangible fixed assets -€10,334
down €10,334 (-21.7%), from €47,649 to €37,315
of which Furniture and vehicles: -€9,983
- Reserves +€28,842
up €28,842 (+19.6%), from €147,278 to €176,121
- Debts after one year -€7,650
down €7,650 (-35.0%), from €21,826 to €14,176
- Gross operating margin +€4,221
up €4,221 (+6.1%), from €69,045 to €73,266
- Taxes +€1,331
up €1,331 (+8.6%), from €15,540 to €16,871
- Financial income +€1,326
up €1,326 (+146.1%), from €908 to €2,234
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 | €210,871 | €228,776 | +€17,905 | +8.5% |
| Fixed assets | 21/28 | €47,649 | €37,315 | -€10,334 | -21.7% |
| Tangible fixed assets | 22/27 | €47,649 | €37,315 | -€10,334 | -21.7% |
| Land and buildings | 22 | €4,560 | €4,560 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,405 | €1,054 | -€351 | -25.0% |
| Furniture and vehicles | 24 | €41,684 | €31,702 | -€9,983 | -23.9% |
| Current assets | 29/58 | €163,221 | €191,460 | +€28,239 | +17.3% |
| Amounts receivable after more than one year | 29 | €15,000 | €60,000 | +€45,000 | +300.0% |
| Other amounts receivable | 291 | €15,000 | €60,000 | +€45,000 | +300.0% |
| Amounts receivable within one year | 40/41 | €36,052 | €72,234 | +€36,182 | +100.4% |
| Trade receivables | 40 | €35,035 | €54,052 | +€19,018 | +54.3% |
| Other amounts receivable | 41 | €1,017 | €18,181 | +€17,164 | +1687.8% |
| Cash at bank and in hand | 54/58 | €111,335 | €58,815 | -€52,521 | -47.2% |
| Deferred charges and accrued income | 490/1 | €834 | €412 | -€422 | -50.6% |
| Total equity and liabilities | 10/49 | €210,871 | €228,776 | +€17,905 | +8.5% |
| Equity | 10/15 | €159,678 | €188,521 | +€28,842 | +18.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €147,278 | €176,121 | +€28,842 | +19.6% |
| Distributable reserves | 133 | €147,278 | €176,121 | +€28,842 | +19.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,192 | €40,255 | -€10,937 | -21.4% |
| Amounts payable after more than one year | 17 | €21,826 | €14,176 | -€7,650 | -35.0% |
| Financial debts | 170/4 | €21,826 | €14,176 | -€7,650 | -35.0% |
| Amounts payable within one year | 42/48 | €29,366 | €26,079 | -€3,287 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €7,339 | €7,650 | +€311 | +4.2% |
| Financial debts | 43 | €10 | €62 | +€52 | +522.6% |
| Credit institutions | 430/8 | €10 | €62 | +€52 | +522.6% |
| Trade debts | 44 | €2,901 | €1,314 | -€1,587 | -54.7% |
| Suppliers | 440/4 | €2,901 | €1,314 | -€1,587 | -54.7% |
| Taxes, remuneration and social security | 45 | €14,900 | €14,321 | -€579 | -3.9% |
| Taxes | 450/3 | €14,900 | €14,321 | -€579 | -3.9% |
| Other amounts payable | 47/48 | €4,217 | €2,732 | -€1,485 | -35.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,385 | €12,076 | +€691 | +6.1% |
| Other operating charges | 640/8 | €708 | €1,288 | +€581 | +82.1% |
| Gross operating margin | 9900 | €69,045 | €73,266 | +€4,221 | +6.1% |
| Operating profit (loss) | 9901 | €56,952 | €59,901 | +€2,949 | +5.2% |
| Financial income | 75/76B | €908 | €2,234 | +€1,326 | +146.1% |
| Recurring financial income | 75 | €908 | €2,234 | +€1,326 | +146.1% |
| Financial charges | 65/66B | €1,503 | €1,223 | -€280 | -18.6% |
| Recurring financial charges | 65 | €1,503 | €1,223 | -€280 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €56,357 | €60,912 | +€4,555 | +8.1% |
| Income taxes | 67/77 | €15,540 | €16,871 | +€1,331 | +8.6% |
| Profit (loss) for the period | 9904 | €40,817 | €44,041 | +€3,224 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,817 | €44,041 | +€3,224 | +7.9% |
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 6 October 2026 via checked.be.