BINC: 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.
BINC
Largest movements
- Cash -€18,420
down €18,420 (-23.8%), from €77,546 to €59,126
mainly Net result for the year (-€26,416) and Current portion of long-term debt (-€15,804)
- Tangible fixed assets -€16,689
down €16,689 (-12.8%), from €130,217 to €113,528
of which Furniture and vehicles: -€10,702
- Receivables within one year +€3,450
up €3,450 (+17.4%), from €19,782 to €23,232
of which Trade receivables: +€3,665
- Profit (loss) carried forward -€26,416
down €26,416 (-62.0%), from -€42,638 to -€69,054
- Current portion of long-term debt -€15,804
down €15,804 (-56.4%), from €28,008 to €12,204
- Debts after one year +€8,928
up €8,928 (+13.6%), from €65,471 to €74,399
- Trade debts +€3,354
up €3,354 (+461.3%), from €727 to €4,081
- Tax, wage and social debts -€2,530
down €2,530 (-10.0%), from €25,344 to €22,814
of which Taxes: -€1,541
- Gross operating margin -€20,854
down €20,854 (-19.1%), from €108,912 to €88,058
- Depreciation -€12,927
down €12,927 (-34.6%), from €37,358 to €24,431
- Staff costs +€2,578
up €2,578 (+4.0%), from €65,176 to €67,754
- Financial charges +€1,899
up €1,899 (+51.7%), from €3,673 to €5,572
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 | €236,099 | €204,241 | -€31,858 | -13.5% |
| Fixed assets | 21/28 | €130,217 | €113,528 | -€16,689 | -12.8% |
| Tangible fixed assets | 22/27 | €130,217 | €113,528 | -€16,689 | -12.8% |
| Plant, machinery and equipment | 23 | €24,509 | €27,329 | +€2,820 | +11.5% |
| Furniture and vehicles | 24 | €12,630 | €1,928 | -€10,702 | -84.7% |
| Leasing and similar rights | 25 | €93,078 | €84,271 | -€8,807 | -9.5% |
| Current assets | 29/58 | €105,882 | €90,713 | -€15,169 | -14.3% |
| Amounts receivable within one year | 40/41 | €19,782 | €23,232 | +€3,450 | +17.4% |
| Trade receivables | 40 | €19,567 | €23,232 | +€3,665 | +18.7% |
| Other amounts receivable | 41 | €215 | - | -€215 | |
| Cash at bank and in hand | 54/58 | €77,546 | €59,126 | -€18,420 | -23.8% |
| Deferred charges and accrued income | 490/1 | €8,554 | €8,355 | -€199 | -2.3% |
| Total equity and liabilities | 10/49 | €236,099 | €204,241 | -€31,858 | -13.5% |
| Equity | 10/15 | €110,354 | €83,938 | -€26,416 | -23.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €134,392 | €134,392 | = | 0.0% |
| Distributable reserves | 133 | €134,392 | €134,392 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,638 | -€69,054 | -€26,416 | -62.0% |
| Amounts payable | 17/49 | €125,745 | €120,303 | -€5,442 | -4.3% |
| Amounts payable after more than one year | 17 | €65,471 | €74,399 | +€8,928 | +13.6% |
| Financial debts | 170/4 | €65,471 | €74,399 | +€8,928 | +13.6% |
| Amounts payable within one year | 42/48 | €60,274 | €45,904 | -€14,370 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €28,008 | €12,204 | -€15,804 | -56.4% |
| Trade debts | 44 | €727 | €4,081 | +€3,354 | +461.3% |
| Suppliers | 440/4 | €727 | €4,081 | +€3,354 | +461.3% |
| Taxes, remuneration and social security | 45 | €25,344 | €22,814 | -€2,530 | -10.0% |
| Taxes | 450/3 | €11,714 | €10,173 | -€1,541 | -13.2% |
| Remuneration and social security | 454/9 | €13,630 | €12,641 | -€989 | -7.3% |
| Other amounts payable | 47/48 | €6,195 | €6,805 | +€610 | +9.8% |
| Non-recurring operating income | 76A | - | €356 | +€356 | |
| Remuneration, social security and pensions | 62 | €65,176 | €67,754 | +€2,578 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,358 | €24,431 | -€12,927 | -34.6% |
| Other operating charges | 640/8 | €4,783 | €5,142 | +€359 | +7.5% |
| Non-recurring operating charges | 66A | €1,918 | €11,391 | +€9,473 | +493.9% |
| Gross operating margin | 9900 | €108,912 | €88,058 | -€20,854 | -19.1% |
| Operating profit (loss) | 9901 | -€323 | -€20,660 | -€20,337 | -6296.3% |
| Financial income | 75/76B | €75 | €132 | +€57 | +76.0% |
| Recurring financial income | 75 | €75 | €132 | +€57 | +76.0% |
| Financial charges | 65/66B | €3,673 | €5,572 | +€1,899 | +51.7% |
| Recurring financial charges | 65 | €3,673 | €5,572 | +€1,899 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,921 | -€26,100 | -€22,179 | -565.6% |
| Income taxes | 67/77 | €286 | €316 | +€30 | +10.5% |
| Profit (loss) for the period | 9904 | -€4,207 | -€26,416 | -€22,209 | -527.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,207 | -€26,416 | -€22,209 | -527.9% |
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.