Bine: 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.
Bine
Largest movements
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year -€39,282
down €39,282 (-46.1%), from €85,280 to €45,998
of which Trade receivables: -€33,859
- Cash +€28,239
up €28,239 (+45.2%), from €62,500 to €90,739
mainly Net result for the year (+€84,337) and Current investments (+€50,000)
- Deferred charges and accrued income -€4,866
down €4,866 (-72.0%), from €6,756 to €1,890
- Other debts -€59,962
down €59,962 (-37.7%), from €158,959 to €98,997
- Trade debts -€14,042
down €14,042 (-75.6%), from €18,572 to €4,530
- Tax, wage and social debts +€11,510
up €11,510 (+187%), from €6,150 to €17,660
of which Taxes: +€8,923
- Reserves -€2,093
down €2,093 (-100%), from €2,093 to €0
- Gross operating margin -€46,070
down €46,070 (-29.1%), from €158,581 to €112,511
- Taxes -€11,483
down €11,483 (-31.6%), from €36,308 to €24,825
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,659 | €142,120 | -€66,539 | -31.9% |
| Fixed assets | 21/28 | €4,123 | €3,492 | -€631 | -15.3% |
| Tangible fixed assets | 22/27 | €4,123 | €3,492 | -€631 | -15.3% |
| Plant, machinery and equipment | 23 | €1,512 | €1,308 | -€205 | -13.5% |
| Furniture and vehicles | 24 | €2,611 | €2,184 | -€426 | -16.3% |
| Current assets | 29/58 | €204,536 | €138,628 | -€65,908 | -32.2% |
| Amounts receivable within one year | 40/41 | €85,280 | €45,998 | -€39,282 | -46.1% |
| Trade receivables | 40 | €79,588 | €45,729 | -€33,859 | -42.5% |
| Other amounts receivable | 41 | €5,692 | €269 | -€5,422 | -95.3% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €62,500 | €90,739 | +€28,239 | +45.2% |
| Deferred charges and accrued income | 490/1 | €6,756 | €1,890 | -€4,866 | -72.0% |
| Total equity and liabilities | 10/49 | €208,659 | €142,120 | -€66,539 | -31.9% |
| Equity | 10/15 | €4,093 | €2,000 | -€2,093 | -51.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,093 | €0 | -€2,093 | -100% |
| Distributable reserves | 133 | €2,093 | €0 | -€2,093 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €204,565 | €140,120 | -€64,446 | -31.5% |
| Amounts payable within one year | 42/48 | €204,515 | €140,120 | -€64,396 | -31.5% |
| Financial debts | 43 | €5,834 | €3,933 | -€1,901 | -32.6% |
| Credit institutions | 430/8 | €5,834 | €3,933 | -€1,901 | -32.6% |
| Trade debts | 44 | €18,572 | €4,530 | -€14,042 | -75.6% |
| Suppliers | 440/4 | €18,572 | €4,530 | -€14,042 | -75.6% |
| Advances received on contracts in progress | 46 | €15,000 | €15,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,150 | €17,660 | +€11,510 | +187% |
| Taxes | 450/3 | €6,150 | €15,073 | +€8,923 | +145% |
| Remuneration and social security | 454/9 | - | €2,587 | +€2,587 | |
| Other amounts payable | 47/48 | €158,959 | €98,997 | -€59,962 | -37.7% |
| Accrued charges and deferred income | 492/3 | €50 | €0 | -€50 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,061 | €1,407 | +€346 | +32.6% |
| Other operating charges | 640/8 | €2,221 | €1,339 | -€881 | -39.7% |
| Gross operating margin | 9900 | €158,581 | €112,511 | -€46,070 | -29.1% |
| Operating profit (loss) | 9901 | €155,299 | €109,765 | -€45,534 | -29.3% |
| Financial income | 75/76B | €581 | €291 | -€290 | -49.9% |
| Recurring financial income | 75 | €581 | €291 | -€290 | -49.9% |
| Financial charges | 65/66B | €1,045 | €895 | -€150 | -14.4% |
| Recurring financial charges | 65 | €1,045 | €895 | -€150 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €154,836 | €109,162 | -€45,674 | -29.5% |
| Income taxes | 67/77 | €36,308 | €24,825 | -€11,483 | -31.6% |
| Profit (loss) for the period | 9904 | €118,527 | €84,337 | -€34,191 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €118,527 | €84,337 | -€34,191 | -28.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.