BINCHE CONSTRUCT: 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.
BINCHE CONSTRUCT
Largest movements
- Receivables within one year -€56,077
down €56,077 (-34.6%), from €162,253 to €106,176
of which Trade receivables: -€53,291
- Trade debts -€54,089
down €54,089 (-80.0%), from €67,646 to €13,557
- Tax, wage and social debts -€10,407
down €10,407 (-41.5%), from €25,073 to €14,666
of which Remuneration and social security: -€9,177
- Reserves +€4,900
up €4,900 (+5.5%), from €89,860 to €94,760
- Staff costs -€68,828
down €68,828 (-38.0%), from €180,975 to €112,147
- Gross operating margin -€59,114
down €59,114 (-32.0%), from €184,634 to €125,520
- Taxes +€4,111
up €4,111 (+930%), from €442 to €4,553
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.
Derived cash bridge
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 | €225,794 | €166,866 | -€58,928 | -26.1% |
| Fixed assets | 21/28 | €4,212 | €2,369 | -€1,843 | -43.8% |
| Tangible fixed assets | 22/27 | €4,082 | €2,239 | -€1,843 | -45.1% |
| Plant, machinery and equipment | 23 | €2,266 | €1,123 | -€1,143 | -50.4% |
| Other tangible fixed assets | 26 | €1,816 | €1,116 | -€700 | -38.5% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €221,582 | €164,497 | -€57,085 | -25.8% |
| Amounts receivable within one year | 40/41 | €162,253 | €106,176 | -€56,077 | -34.6% |
| Trade receivables | 40 | €101,953 | €48,662 | -€53,291 | -52.3% |
| Other amounts receivable | 41 | €60,300 | €57,514 | -€2,786 | -4.6% |
| Cash at bank and in hand | 54/58 | €56,589 | €55,676 | -€913 | -1.6% |
| Deferred charges and accrued income | 490/1 | €2,740 | €2,645 | -€95 | -3.5% |
| Total equity and liabilities | 10/49 | €225,794 | €166,866 | -€58,928 | -26.1% |
| Equity | 10/15 | €132,778 | €137,760 | +€4,982 | +3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,860 | €94,760 | +€4,900 | +5.5% |
| Distributable reserves | 133 | €89,860 | €94,760 | +€4,900 | +5.5% |
| Profit (loss) carried forward | 14 | €36,718 | €36,800 | +€82 | +0.2% |
| Amounts payable | 17/49 | €93,016 | €29,106 | -€63,910 | -68.7% |
| Amounts payable within one year | 42/48 | €93,016 | €29,106 | -€63,910 | -68.7% |
| Financial debts | 43 | - | €186 | +€186 | |
| Credit institutions | 430/8 | - | €186 | +€186 | |
| Trade debts | 44 | €67,646 | €13,557 | -€54,089 | -80.0% |
| Suppliers | 440/4 | €67,646 | €13,557 | -€54,089 | -80.0% |
| Taxes, remuneration and social security | 45 | €25,073 | €14,666 | -€10,407 | -41.5% |
| Taxes | 450/3 | €8,864 | €7,634 | -€1,230 | -13.9% |
| Remuneration and social security | 454/9 | €16,209 | €7,032 | -€9,177 | -56.6% |
| Other amounts payable | 47/48 | €297 | €697 | +€400 | +135% |
| Remuneration, social security and pensions | 62 | €180,975 | €112,147 | -€68,828 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,167 | €1,843 | -€324 | -15.0% |
| Other operating charges | 640/8 | €821 | €1,200 | +€379 | +46.2% |
| Gross operating margin | 9900 | €184,634 | €125,520 | -€59,114 | -32.0% |
| Operating profit (loss) | 9901 | €671 | €10,330 | +€9,659 | +1,439% |
| Financial income | 75/76B | €1,261 | €467 | -€794 | -63.0% |
| Recurring financial income | 75 | €1,261 | €467 | -€794 | -63.0% |
| Financial charges | 65/66B | €1,391 | €1,262 | -€129 | -9.3% |
| Recurring financial charges | 65 | €1,391 | €1,262 | -€129 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €541 | €9,535 | +€8,994 | +1,662% |
| Income taxes | 67/77 | €442 | €4,553 | +€4,111 | +930% |
| Profit (loss) for the period | 9904 | €99 | €4,982 | +€4,883 | +4,932% |
| Profit (loss) for the period to be appropriated | 9905 | €99 | €4,982 | +€4,883 | +4,932% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.