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Bincom: 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.

What changed

Bincom

BE 0472.976.552
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€40,030
2024 · €28,598-€68,629
Equity
€469,017
2024 · €509,047-€40,030
Cash
€109,345
2024 · €152,557-€43,212
Balance sheet total
€705,481
2024 · €765,081-€59,600

Largest movements

2024 to 2025
Assets
  • Cash -€43,212

    down €43,212 (-28.3%), from €152,557 to €109,345

    mainly Net result for the year (-€40,030) and Investment in fixed assets (net) (-€37,203)

  • Receivables within one year -€19,355

    down €19,355 (-7.1%), from €272,975 to €253,620

    of which Other amounts receivable: -€13,189

  • Deferred charges and accrued income +€8,232

    up €8,232 (+238.1%), from €3,458 to €11,689

Equity and liabilities
  • Reserves -€40,030

    down €40,030 (-12.4%), from €322,047 to €282,017

  • Debts after one year -€22,385

    down €22,385 (-9.7%), from €230,333 to €207,948

Income statement
  • Gross operating margin -€53,564

    down €53,564 (-86.9%), from €61,643 to €8,078

  • Financial income -€12,294

    down €12,294 (-78.1%), from €15,748 to €3,455

  • Financial charges +€5,987

    up €5,987 (+285.1%), from €2,100 to €8,086

  • Depreciation -€2,466

    down €2,466 (-5.5%), from €44,934 to €42,467

  • Taxes -€1,121

    down €1,121 (-83.4%), from €1,345 to €224

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €28,598
Gross operating margin -€53,564
Depreciation +€2,466
Other operating charges -€371
Financial income -€12,294
Financial charges -€5,987
Taxes +€1,121
Result 2025 -€40,030

Cash bridge derived

cash 2024 to 2025

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.

From operations +€15,657
Investment -€37,203
Financing -€21,667
Cash 2024 €152,557
Net result for the year -€40,030
Depreciation +€42,467
Receivables within one year +€19,355
Deferred charges and accrued income -€8,232
Trade debts -€348
Tax, wage and social debts +€1,538
Other debts +€907
Investment in fixed assets (net) -€37,203
Debts after one year -€22,385
Current portion of long-term debt +€718
Cash 2025 €109,345
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €765,081 €705,481 -€59,600 -7.8%
Fixed assets 21/28 €336,091 €330,826 -€5,265 -1.6%
Tangible fixed assets 22/27 €263,344 €258,079 -€5,265 -2.0%
Land and buildings 22 €30,518 €26,379 -€4,139 -13.6%
Plant, machinery and equipment 23 €215,789 €230,248 +€14,459 +6.7%
Furniture and vehicles 24 €17,037 €1,452 -€15,585 -91.5%
Financial fixed assets 28 €72,747 €72,747 = 0.0%
Current assets 29/58 €428,990 €374,655 -€54,335 -12.7%
Amounts receivable within one year 40/41 €272,975 €253,620 -€19,355 -7.1%
Trade receivables 40 €259,736 €253,570 -€6,166 -2.4%
Other amounts receivable 41 €13,239 €50 -€13,189 -99.6%
Cash at bank and in hand 54/58 €152,557 €109,345 -€43,212 -28.3%
Deferred charges and accrued income 490/1 €3,458 €11,689 +€8,232 +238.1%
Total equity and liabilities 10/49 €765,081 €705,481 -€59,600 -7.8%
Equity 10/15 €509,047 €469,017 -€40,030 -7.9%
Contributions 10/11 €187,000 €187,000 = 0.0%
Reserves 13 €322,047 €282,017 -€40,030 -12.4%
Distributable reserves 133 €322,047 €282,017 -€40,030 -12.4%
Amounts payable 17/49 €256,034 €236,464 -€19,570 -7.6%
Amounts payable after more than one year 17 €230,333 €207,948 -€22,385 -9.7%
Financial debts 170/4 €230,333 €207,948 -€22,385 -9.7%
Amounts payable within one year 42/48 €25,701 €28,516 +€2,815 +11.0%
Current portion of amounts payable after more than one year 42 €21,667 €22,385 +€718 +3.3%
Trade debts 44 €1,397 €1,049 -€348 -24.9%
Suppliers 440/4 €1,397 €1,049 -€348 -24.9%
Taxes, remuneration and social security 45 €438 €1,976 +€1,538 +351.0%
Taxes 450/3 €438 €1,976 +€1,538 +351.0%
Other amounts payable 47/48 €2,198 €3,106 +€907 +41.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €44,934 €42,467 -€2,466 -5.5%
Other operating charges 640/8 €415 €786 +€371 +89.4%
Gross operating margin 9900 €61,643 €8,078 -€53,564 -86.9%
Operating profit (loss) 9901 €16,294 -€35,175 -€51,469
Financial income 75/76B €15,748 €3,455 -€12,294 -78.1%
Recurring financial income 75 €15,748 €3,455 -€12,294 -78.1%
Financial charges 65/66B €2,100 €8,086 +€5,987 +285.1%
Recurring financial charges 65 €2,100 €8,086 +€5,987 +285.1%
Profit (loss) for the period before taxes 9903 €29,943 -€39,807 -€69,750
Income taxes 67/77 €1,345 €224 -€1,121 -83.4%
Profit (loss) for the period 9904 €28,598 -€40,030 -€68,629
Profit (loss) for the period to be appropriated 9905 €28,598 -€40,030 -€68,629

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.