Bink Belgium: 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.
What changed
Bink Belgium
NACE 64.210, Activities of holding companies
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€1.2m
2023 · -€804,086-€371,123
Equity
€18.9m
2023 · €20.0m-€1.2m
Cash
€3.0m
2023 · €15,390+€3.0m
Balance sheet total
€56.3m
2023 · €52.3m+€4.0m
Largest movements
Assets
- Cash +€3.0m
up €3.0m (+19,415%), from €15,390 to €3.0m
mainly Other debts (+€4.0m) and Debts after one year (+€2.8m)
- Receivables within one year +€997,047
up €997,047 (+346%), from €287,895 to €1.3m
of which Other amounts receivable: +€1.0m
Equity and liabilities
- Other debts +€4.0m
up €4.0m (+32.4%), from €12.4m to €16.4m
- Debts after one year +€2.8m
up €2.8m (+16.4%), from €17.2m to €20.0m
- Current portion of long-term debt -€1.9m
down €1.9m (-100%), from €1.9m to €0
- Profit (loss) carried forward -€1.2m
down €1.2m (-46.1%), from -€2.5m to -€3.7m
Income statement
- Financial charges +€366,174
up €366,174 (+46.8%), from €782,194 to €1.1m
- Turnover -€44,071
down €44,071 (-19.7%), from €223,935 to €179,864
- Services and other goods -€37,285
down €37,285 (-19.1%), from €195,575 to €158,290
- Financial income +€18,749
up €18,749 (+347,842%), from €5 to €18,754
- Taxes +€15,739
up €15,739 (+6,349%), from €248 to €15,987
From the 2023 result to the 2024 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.
Result 2023
-€804,086
Turnover
-€44,071
Other operating income
+€2,993
Services and other goods
+€37,285
Staff costs
-€808
Other operating charges
-€3,357
Financial income
+€18,749
Financial charges
-€366,174
Taxes
-€15,739
Result 2024
-€1.2m
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€2.1m
Investment
€0
Financing
+€909,128
Cash 2023
€15,390
From operations (derived)
+€2.1m
Net result for the year
-€1.2m
Depreciation
+€5,050
Receivables within one year
-€997,047
Deferred charges and accrued income
-€18,767
Trade debts
+€16,143
Tax, wage and social debts
+€2,656
Other debts
+€4.0m
Accrued charges and deferred income
+€222,940
Financing
+€909,128
Debts after one year
+€2.8m
Current portion of long-term debt
-€1.9m
Cash 2024
€3.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,317,512 | €56,316,232 | +€4.0m | +7.6% |
| Fixed assets | 21/28 | €52,013,409 | €52,008,359 | -€5,050 | 0.0% |
| Tangible fixed assets | 22/27 | €18,234 | €13,184 | -€5,050 | -27.7% |
| Furniture and vehicles | 24 | €18,234 | €13,184 | -€5,050 | -27.7% |
| Financial fixed assets | 28 | €51,995,175 | €51,995,175 | = | 0.0% |
| Affiliated companies | 280/1 | €51,995,051 | €51,995,051 | = | 0.0% |
| Participating interests | 280 | €51,995,051 | €51,995,051 | = | 0.0% |
| Other financial fixed assets | 284/8 | €124 | €124 | = | 0.0% |
| Shares | 284 | €0 | €0 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €304,103 | €4,307,873 | +€4.0m | +1,317% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €287,895 | €1,284,942 | +€997,047 | +346% |
| Trade receivables | 40 | €215,815 | €203,903 | -€11,911 | -5.5% |
| Other amounts receivable | 41 | €72,081 | €1,081,039 | +€1.0m | +1,400% |
| Cash at bank and in hand | 54/58 | €15,390 | €3,003,346 | +€3.0m | +19,415% |
| Deferred charges and accrued income | 490/1 | €818 | €19,585 | +€18,767 | +2,295% |
| Total equity and liabilities | 10/49 | €52,317,512 | €56,316,232 | +€4.0m | +7.6% |
| Equity | 10/15 | €20,033,339 | €18,858,130 | -€1.2m | -5.9% |
| Contributions | 10/11 | €22,580,000 | €22,580,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,546,661 | -€3,721,870 | -€1.2m | -46.1% |
| Amounts payable | 17/49 | €32,284,173 | €37,458,102 | +€5.2m | +16.0% |
| Amounts payable after more than one year | 17 | €17,169,426 | €19,986,268 | +€2.8m | +16.4% |
| Financial debts | 170/4 | €17,169,426 | €19,986,268 | +€2.8m | +16.4% |
| Other loans | 174 | €17,169,426 | €19,986,268 | +€2.8m | +16.4% |
| Amounts payable within one year | 42/48 | €14,368,185 | €16,502,332 | +€2.1m | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €1,907,714 | €0 | -€1.9m | -100% |
| Trade debts | 44 | €23,126 | €39,269 | +€16,143 | +69.8% |
| Suppliers | 440/4 | €23,126 | €39,269 | +€16,143 | +69.8% |
| Taxes, remuneration and social security | 45 | €17,686 | €20,342 | +€2,656 | +15.0% |
| Taxes | 450/3 | €4,972 | €6,658 | +€1,686 | +33.9% |
| Remuneration and social security | 454/9 | €12,714 | €13,684 | +€970 | +7.6% |
| Other amounts payable | 47/48 | €12,419,659 | €16,442,722 | +€4.0m | +32.4% |
| Accrued charges and deferred income | 492/3 | €746,562 | €969,502 | +€222,940 | +29.9% |
| Operating income | 70/76A | €223,935 | €182,857 | -€41,078 | -18.3% |
| Turnover | 70 | €223,935 | €179,864 | -€44,071 | -19.7% |
| Other operating income | 74 | €0 | €2,993 | +€2,993 | |
| Operating charges | 60/66A | €245,584 | €212,464 | -€33,120 | -13.5% |
| Services and other goods | 61 | €195,575 | €158,290 | -€37,285 | -19.1% |
| Remuneration, social security and pensions | 62 | €42,759 | €43,567 | +€808 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,050 | €5,050 | = | 0.0% |
| Other operating charges | 640/8 | €2,200 | €5,557 | +€3,357 | +153% |
| Operating profit (loss) | 9901 | -€21,649 | -€29,607 | -€7,958 | -36.8% |
| Financial income | 75/76B | €5 | €18,754 | +€18,749 | +347,842% |
| Recurring financial income | 75 | €5 | €18,754 | +€18,749 | +347,842% |
| Income from current assets | 751 | €5 | €18,754 | +€18,749 | +347,842% |
| Financial charges | 65/66B | €782,194 | €1,148,368 | +€366,174 | +46.8% |
| Recurring financial charges | 65 | €782,194 | €1,148,368 | +€366,174 | +46.8% |
| Debt charges | 650 | €781,367 | €1,147,238 | +€365,871 | +46.8% |
| Other financial charges | 652/9 | €827 | €1,130 | +€304 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | -€803,838 | -€1,159,222 | -€355,384 | -44.2% |
| Income taxes | 67/77 | €248 | €15,987 | +€15,739 | +6,349% |
| Taxes | 670/3 | €248 | €15,987 | +€15,739 | +6,349% |
| Profit (loss) for the period | 9904 | -€804,086 | -€1,175,209 | -€371,123 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€804,086 | -€1,175,209 | -€371,123 | -46.2% |
Source: filed annual accounts (NBB), financial years ended 31 October 2023 and 31 October 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.