BIND: 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.
BIND
Largest movements
- Receivables within one year -€22,729
down €22,729 (-43.8%), from €51,946 to €29,217
of which Other amounts receivable: -€27,442
- Tangible fixed assets +€19,362
up €19,362 (+421.9%), from €4,589 to €23,951
- Cash -€10,268
down €10,268 (-24.2%), from €42,470 to €32,202
mainly Contributions, distributions and other (-€26,153) and Investment in fixed assets (net) (-€21,768)
- Deferred charges and accrued income -€9,037
down €9,037 (-37.1%), from €24,341 to €15,304
- Other debts -€21,106
down €21,106 (-21.6%), from €97,717 to €76,612
- Trade debts -€4,190
down €4,190 (-74.2%), from €5,645 to €1,454
- Tax, wage and social debts +€2,623
up €2,623 (+25.7%), from €10,198 to €12,820
of which Remuneration and social security: +€2,689
- Gross operating margin -€16,284
down €16,284 (-25.0%), from €65,215 to €48,931
- Financial charges +€4,802
up €4,802 (+366.5%), from €1,310 to €6,113
- Taxes -€2,985
down €2,985 (-20.5%), from €14,536 to €11,551
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 | €123,347 | €100,674 | -€22,673 | -18.4% |
| Fixed assets | 21/28 | €4,589 | €23,951 | +€19,362 | +421.9% |
| Tangible fixed assets | 22/27 | €4,589 | €23,951 | +€19,362 | +421.9% |
| Furniture and vehicles | 24 | €4,589 | €23,951 | +€19,362 | +421.9% |
| Current assets | 29/58 | €118,757 | €76,723 | -€42,034 | -35.4% |
| Amounts receivable within one year | 40/41 | €51,946 | €29,217 | -€22,729 | -43.8% |
| Trade receivables | 40 | €20,582 | €25,295 | +€4,713 | +22.9% |
| Other amounts receivable | 41 | €31,364 | €3,923 | -€27,442 | -87.5% |
| Cash at bank and in hand | 54/58 | €42,470 | €32,202 | -€10,268 | -24.2% |
| Deferred charges and accrued income | 490/1 | €24,341 | €15,304 | -€9,037 | -37.1% |
| Total equity and liabilities | 10/49 | €123,347 | €100,674 | -€22,673 | -18.4% |
| Equity | 10/15 | €9,787 | €9,787 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,787 | €6,787 | = | 0.0% |
| Distributable reserves | 133 | €6,787 | €6,787 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €113,559 | €90,887 | -€22,673 | -20.0% |
| Amounts payable within one year | 42/48 | €113,559 | €90,887 | -€22,673 | -20.0% |
| Trade debts | 44 | €5,645 | €1,454 | -€4,190 | -74.2% |
| Suppliers | 440/4 | €5,645 | €1,454 | -€4,190 | -74.2% |
| Taxes, remuneration and social security | 45 | €10,198 | €12,820 | +€2,623 | +25.7% |
| Taxes | 450/3 | €10,198 | €10,131 | -€66 | -0.7% |
| Remuneration and social security | 454/9 | €0 | €2,689 | +€2,689 | |
| Other amounts payable | 47/48 | €97,717 | €76,612 | -€21,106 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,874 | €2,407 | -€467 | -16.2% |
| Other operating charges | 640/8 | €2,968 | €2,525 | -€443 | -14.9% |
| Non-recurring operating charges | 66A | - | €183 | +€183 | |
| Gross operating margin | 9900 | €65,215 | €48,931 | -€16,284 | -25.0% |
| Operating profit (loss) | 9901 | €59,373 | €43,816 | -€15,557 | -26.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,310 | €6,113 | +€4,802 | +366.5% |
| Recurring financial charges | 65 | €1,310 | €6,113 | +€4,802 | +366.5% |
| Profit (loss) for the period before taxes | 9903 | €58,063 | €37,704 | -€20,359 | -35.1% |
| Income taxes | 67/77 | €14,536 | €11,551 | -€2,985 | -20.5% |
| Profit (loss) for the period | 9904 | €43,527 | €26,153 | -€17,374 | -39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,527 | €26,153 | -€17,374 | -39.9% |
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 8 October 2026 via checked.be.