Binder Engineering: 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.
Binder Engineering
Largest movements
- Deferred charges and accrued income -€57,828
down €57,828 (-89.2%), from €64,832 to €7,004
- Cash -€53,317
down €53,317 (-17.2%), from €309,374 to €256,058
mainly Trade debts (-€91,854) and Receivables within one year (-€43,059)
- Receivables within one year +€43,059
up €43,059 (+3.2%), from €1.3m to €1.4m
of which Other amounts receivable: +€215,061
- Trade debts -€91,854
down €91,854 (-93.7%), from €98,030 to €6,176
- Profit (loss) carried forward +€28,075
up €28,075 (+1.8%), from €1.6m to €1.6m
- Gross operating margin -€73,425
down €73,425 (-27.1%), from €271,343 to €197,918
- Financial income +€25,674
up €25,674 (+58.9%), from €43,614 to €69,288
- Taxes -€13,687
down €13,687 (-56.9%), from €24,034 to €10,347
- Staff costs +€9,834
up €9,834 (+4.8%), from €204,530 to €214,364
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 | €1,760,202 | €1,689,244 | -€70,958 | -4.0% |
| Fixed assets | 21/28 | €39,847 | €28,522 | -€11,326 | -28.4% |
| Tangible fixed assets | 22/27 | €39,847 | €28,522 | -€11,326 | -28.4% |
| Plant, machinery and equipment | 23 | €309 | - | -€309 | |
| Furniture and vehicles | 24 | €39,538 | €28,522 | -€11,016 | -27.9% |
| Current assets | 29/58 | €1,720,355 | €1,660,722 | -€59,633 | -3.5% |
| Stocks and contracts in progress | 3 | €15,439 | €23,891 | +€8,453 | +54.8% |
| Stocks | 30/36 | €15,439 | €23,891 | +€8,453 | +54.8% |
| Amounts receivable within one year | 40/41 | €1,330,710 | €1,373,770 | +€43,059 | +3.2% |
| Trade receivables | 40 | €304,148 | €132,147 | -€172,001 | -56.6% |
| Other amounts receivable | 41 | €1,026,562 | €1,241,622 | +€215,061 | +20.9% |
| Cash at bank and in hand | 54/58 | €309,374 | €256,058 | -€53,317 | -17.2% |
| Deferred charges and accrued income | 490/1 | €64,832 | €7,004 | -€57,828 | -89.2% |
| Total equity and liabilities | 10/49 | €1,760,202 | €1,689,244 | -€70,958 | -4.0% |
| Equity | 10/15 | €1,625,357 | €1,653,432 | +€28,075 | +1.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,557,157 | €1,585,232 | +€28,075 | +1.8% |
| Amounts payable | 17/49 | €134,845 | €35,812 | -€99,033 | -73.4% |
| Amounts payable within one year | 42/48 | €134,845 | €35,812 | -€99,033 | -73.4% |
| Trade debts | 44 | €98,030 | €6,176 | -€91,854 | -93.7% |
| Suppliers | 440/4 | €98,030 | €6,176 | -€91,854 | -93.7% |
| Taxes, remuneration and social security | 45 | €36,815 | €29,636 | -€7,179 | -19.5% |
| Taxes | 450/3 | €13,196 | €5,193 | -€8,003 | -60.6% |
| Remuneration and social security | 454/9 | €23,618 | €24,443 | +€825 | +3.5% |
| Remuneration, social security and pensions | 62 | €204,530 | €214,364 | +€9,834 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,564 | €11,326 | -€239 | -2.1% |
| Other operating charges | 640/8 | €1,953 | €1,734 | -€219 | -11.2% |
| Gross operating margin | 9900 | €271,343 | €197,918 | -€73,425 | -27.1% |
| Operating profit (loss) | 9901 | €53,296 | -€29,506 | -€82,802 | |
| Financial income | 75/76B | €43,614 | €69,288 | +€25,674 | +58.9% |
| Recurring financial income | 75 | €43,614 | €69,288 | +€25,674 | +58.9% |
| Financial charges | 65/66B | €2,249 | €1,360 | -€889 | -39.5% |
| Recurring financial charges | 65 | €2,249 | €1,360 | -€889 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €94,660 | €38,422 | -€56,239 | -59.4% |
| Income taxes | 67/77 | €24,034 | €10,347 | -€13,687 | -56.9% |
| Profit (loss) for the period | 9904 | €70,627 | €28,075 | -€42,552 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €70,627 | €28,075 | -€42,552 | -60.2% |
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.