BINBOGA: what changed
Two financial 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.
BINBOGA
Largest movements
- Cash +€25,276
up €25,276 (+104.5%), from €24,191 to €49,468
mainly Net result for the year (+€26,919) and Trade debts (+€15,053)
- Receivables within one year +€9,110
up €9,110 (+3.6%), from €252,458 to €261,568
of which Other amounts receivable: +€15,247
- Tangible fixed assets -€4,985
down €4,985 (-9.0%), from €55,192 to €50,207
of which Furniture and vehicles: -€6,137
- Reserves +€26,919
up €26,919 (+11.1%), from €242,075 to €268,994
- Trade debts +€15,053
up €15,053 (+106.7%), from €14,109 to €29,162
- Debts after one year -€9,356
down €9,356 (-80.5%), from €11,621 to €2,265
- Tax, wage and social debts -€3,966
down €3,966 (-7.6%), from €51,945 to €47,979
of which Remuneration and social security: -€11,934
- Gross operating margin -€63,153
down €63,153 (-31.8%), from €198,368 to €135,215
- Other operating charges +€22,505
up €22,505 (+361.1%), from €6,232 to €28,737
- Financial income +€13,592
up €13,592 (+42808.9%), from €32 to €13,624
- Taxes -€9,437
down €9,437 (-19.9%), from €47,530 to €38,093
- Staff costs +€8,858
up €8,858 (+48.1%), from €18,405 to €27,263
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 | €335,306 | €363,956 | +€28,650 | +8.5% |
| Fixed assets | 21/28 | €55,192 | €50,207 | -€4,985 | -9.0% |
| Tangible fixed assets | 22/27 | €55,192 | €50,207 | -€4,985 | -9.0% |
| Plant, machinery and equipment | 23 | €1,284 | €2,436 | +€1,152 | +89.8% |
| Furniture and vehicles | 24 | €53,909 | €47,772 | -€6,137 | -11.4% |
| Current assets | 29/58 | €280,114 | €313,749 | +€33,635 | +12.0% |
| Stocks and contracts in progress | 3 | €3,175 | €2,423 | -€752 | -23.7% |
| Stocks | 30/36 | €3,175 | €2,423 | -€752 | -23.7% |
| Amounts receivable within one year | 40/41 | €252,458 | €261,568 | +€9,110 | +3.6% |
| Trade receivables | 40 | €7,300 | €1,163 | -€6,137 | -84.1% |
| Other amounts receivable | 41 | €245,158 | €260,405 | +€15,247 | +6.2% |
| Cash at bank and in hand | 54/58 | €24,191 | €49,468 | +€25,276 | +104.5% |
| Deferred charges and accrued income | 490/1 | €290 | €290 | = | 0.0% |
| Total equity and liabilities | 10/49 | €335,306 | €363,956 | +€28,650 | +8.5% |
| Equity | 10/15 | €248,275 | €275,194 | +€26,919 | +10.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €242,075 | €268,994 | +€26,919 | +11.1% |
| Distributable reserves | 133 | €242,075 | €268,994 | +€26,919 | +11.1% |
| Amounts payable | 17/49 | €87,031 | €88,762 | +€1,731 | +2.0% |
| Amounts payable after more than one year | 17 | €11,621 | €2,265 | -€9,356 | -80.5% |
| Financial debts | 170/4 | €11,621 | €2,265 | -€9,356 | -80.5% |
| Amounts payable within one year | 42/48 | €75,410 | €86,497 | +€11,087 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €9,356 | €9,356 | = | 0.0% |
| Trade debts | 44 | €14,109 | €29,162 | +€15,053 | +106.7% |
| Suppliers | 440/4 | €14,109 | €29,162 | +€15,053 | +106.7% |
| Taxes, remuneration and social security | 45 | €51,945 | €47,979 | -€3,966 | -7.6% |
| Taxes | 450/3 | €40,011 | €47,979 | +€7,968 | +19.9% |
| Remuneration and social security | 454/9 | €11,934 | - | -€11,934 | |
| Non-recurring operating income | 76A | €134,600 | - | -€134,600 | |
| Remuneration, social security and pensions | 62 | €18,405 | €27,263 | +€8,858 | +48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,416 | €5,363 | -€1,053 | -16.4% |
| Other operating charges | 640/8 | €6,232 | €28,737 | +€22,505 | +361.1% |
| Non-recurring operating charges | 66A | - | €17,710 | +€17,710 | |
| Gross operating margin | 9900 | €198,368 | €135,215 | -€63,153 | -31.8% |
| Operating profit (loss) | 9901 | €167,316 | €56,143 | -€111,173 | -66.4% |
| Financial income | 75/76B | €32 | €13,624 | +€13,592 | +42808.9% |
| Recurring financial income | 75 | €32 | €13,624 | +€13,592 | +42808.9% |
| Financial charges | 65/66B | €373 | €4,755 | +€4,382 | +1174.4% |
| Recurring financial charges | 65 | €373 | €4,755 | +€4,382 | +1174.4% |
| Profit (loss) for the period before taxes | 9903 | €166,974 | €65,012 | -€101,963 | -61.1% |
| Income taxes | 67/77 | €47,530 | €38,093 | -€9,437 | -19.9% |
| Profit (loss) for the period | 9904 | €119,444 | €26,919 | -€92,525 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €119,444 | €26,919 | -€92,525 | -77.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.