BINDABASINI: 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.
BINDABASINI
Largest movements
- Receivables within one year -€13,430
down €13,430 (-42.6%), from €31,492 to €18,062
of which Other amounts receivable: -€13,430
- Cash +€2,255
up €2,255 (+49.5%), from €4,560 to €6,816
mainly Receivables within one year (+€13,430) and Trade debts (+€4,969)
- Tangible fixed assets -€1,420
down €1,420 (-26.4%), from €5,387 to €3,967
of which Plant, machinery and equipment: -€1,000
- Contributions -€16,740
down €16,740 (-90.0%), from €18,600 to €1,860
- Trade debts +€4,969
up €4,969 (+184%), from €2,695 to €7,665
- Reserves -€4,209
down €4,209 (-20.9%), from €20,143 to €15,935
- Tax, wage and social debts +€3,385
up €3,385, from €0 to €3,385
of which Remuneration and social security: +€3,385
- Gross operating margin -€28,725
down €28,725 (-46.3%), from €62,050 to €33,324
- Staff costs -€22,138
down €22,138 (-39.3%), from €56,336 to €34,199
- Depreciation -€1,453
down €1,453 (-50.6%), from €2,873 to €1,420
- Other operating charges -€1,355
down €1,355 (-31.0%), from €4,374 to €3,019
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 | €41,439 | €28,844 | -€12,595 | -30.4% |
| Fixed assets | 21/28 | €5,387 | €3,967 | -€1,420 | -26.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €5,387 | €3,967 | -€1,420 | -26.4% |
| Plant, machinery and equipment | 23 | €4,445 | €3,445 | -€1,000 | -22.5% |
| Furniture and vehicles | 24 | €941 | €521 | -€420 | -44.6% |
| Current assets | 29/58 | €36,052 | €24,877 | -€11,175 | -31.0% |
| Amounts receivable within one year | 40/41 | €31,492 | €18,062 | -€13,430 | -42.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €31,492 | €18,062 | -€13,430 | -42.6% |
| Cash at bank and in hand | 54/58 | €4,560 | €6,816 | +€2,255 | +49.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €41,439 | €28,844 | -€12,595 | -30.4% |
| Equity | 10/15 | €38,743 | €17,795 | -€20,949 | -54.1% |
| Contributions | 10/11 | €18,600 | €1,860 | -€16,740 | -90.0% |
| Reserves | 13 | €20,143 | €15,935 | -€4,209 | -20.9% |
| Distributable reserves | 133 | €20,143 | €15,935 | -€4,209 | -20.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,695 | €11,049 | +€8,354 | +310% |
| Amounts payable within one year | 42/48 | €2,695 | €11,049 | +€8,354 | +310% |
| Trade debts | 44 | €2,695 | €7,665 | +€4,969 | +184% |
| Suppliers | 440/4 | €2,695 | €7,665 | +€4,969 | +184% |
| Taxes, remuneration and social security | 45 | €0 | €3,385 | +€3,385 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | €3,385 | +€3,385 | |
| Remuneration, social security and pensions | 62 | €56,336 | €34,199 | -€22,138 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,873 | €1,420 | -€1,453 | -50.6% |
| Other operating charges | 640/8 | €4,374 | €3,019 | -€1,355 | -31.0% |
| Gross operating margin | 9900 | €62,050 | €33,324 | -€28,725 | -46.3% |
| Operating profit (loss) | 9901 | -€1,534 | -€5,314 | -€3,780 | -246% |
| Financial income | 75/76B | €1,307 | €1,307 | +€0 | 0.0% |
| Recurring financial income | 75 | €1,307 | €1,307 | +€0 | 0.0% |
| Financial charges | 65/66B | €139 | €202 | +€62 | +44.9% |
| Recurring financial charges | 65 | €139 | €202 | +€62 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | -€367 | -€4,209 | -€3,842 | -1,048% |
| Profit (loss) for the period | 9904 | -€367 | -€4,209 | -€3,842 | -1,048% |
| Profit (loss) for the period to be appropriated | 9905 | -€367 | -€4,209 | -€3,842 | -1,048% |
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 17 October 2026 via checked.be.