BINET MAXIME: 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.
BINET MAXIME
Largest movements
- Tangible fixed assets -€2,988
down €2,988 (-33.1%), from €9,015 to €6,027
of which Furniture and vehicles: -€2,105
- Profit (loss) carried forward +€31,211
up €31,211 (+75.8%), from €41,159 to €72,370
- Debts after one year -€30,313
down €30,313 (-18.6%), from €163,039 to €132,726
- Accrued charges and deferred income -€3,509
no longer reported in 2025 (was €3,509)
- Gross operating margin +€4,464
up €4,464, from -€1,300 to €3,164
- Depreciation +€1,776
up €1,776 (+146.5%), from €1,212 to €2,988
- Financial income -€955
down €955 (-2.3%), from €40,955 to €40,000
- Other operating charges +€817
new in 2025: €817
- Financial charges -€615
down €615 (-8.0%), from €7,728 to €7,113
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 | €253,946 | €250,931 | -€3,015 | -1.2% |
| Fixed assets | 21/28 | €229,878 | €226,527 | -€3,351 | -1.5% |
| Tangible fixed assets | 22/27 | €9,015 | €6,027 | -€2,988 | -33.1% |
| Plant, machinery and equipment | 23 | €1,277 | €394 | -€883 | -69.1% |
| Furniture and vehicles | 24 | €7,738 | €5,633 | -€2,105 | -27.2% |
| Financial fixed assets | 28 | €220,863 | €220,500 | -€363 | -0.2% |
| Current assets | 29/58 | €24,068 | €24,403 | +€335 | +1.4% |
| Amounts receivable within one year | 40/41 | €21,674 | €20,005 | -€1,669 | -7.7% |
| Trade receivables | 40 | €6,539 | €5,670 | -€869 | -13.3% |
| Other amounts receivable | 41 | €15,135 | €14,335 | -€800 | -5.3% |
| Cash at bank and in hand | 54/58 | €2,394 | €4,398 | +€2,004 | +83.7% |
| Total equity and liabilities | 10/49 | €253,946 | €250,931 | -€3,015 | -1.2% |
| Equity | 10/15 | €55,881 | €87,091 | +€31,210 | +55.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €8,522 | €8,522 | -€0 | 0.0% |
| Distributable reserves | 133 | €8,522 | €8,522 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €41,159 | €72,370 | +€31,211 | +75.8% |
| Amounts payable | 17/49 | €198,065 | €163,839 | -€34,226 | -17.3% |
| Amounts payable after more than one year | 17 | €163,039 | €132,726 | -€30,313 | -18.6% |
| Financial debts | 170/4 | €163,039 | €132,726 | -€30,313 | -18.6% |
| Amounts payable within one year | 42/48 | €31,517 | €31,113 | -€404 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €29,245 | €30,313 | +€1,068 | +3.7% |
| Trade debts | 44 | €1,232 | - | -€1,232 | |
| Suppliers | 440/4 | €1,232 | - | -€1,232 | |
| Taxes, remuneration and social security | 45 | €240 | - | -€240 | |
| Taxes | 450/3 | €240 | - | -€240 | |
| Other amounts payable | 47/48 | €800 | €800 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,509 | - | -€3,509 | |
| Non-recurring operating income | 76A | €161 | - | -€161 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,461 | €1,165 | -€296 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,212 | €2,988 | +€1,776 | +146.5% |
| Other operating charges | 640/8 | - | €817 | +€817 | |
| Gross operating margin | 9900 | -€1,300 | €3,164 | +€4,464 | |
| Operating profit (loss) | 9901 | -€2,512 | -€640 | +€1,872 | +74.5% |
| Financial income | 75/76B | €40,955 | €40,000 | -€955 | -2.3% |
| Recurring financial income | 75 | €40,955 | €40,000 | -€955 | -2.3% |
| Financial charges | 65/66B | €7,728 | €7,113 | -€615 | -8.0% |
| Recurring financial charges | 65 | €7,728 | €7,113 | -€615 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €30,715 | €32,247 | +€1,532 | +5.0% |
| Income taxes | 67/77 | - | €236 | +€236 | |
| Profit (loss) for the period | 9904 | €30,715 | €32,012 | +€1,297 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,715 | €32,012 | +€1,297 | +4.2% |
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 5 October 2026 via checked.be.