BINNOVA: 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.
BINNOVA
Largest movements
- Receivables within one year +€13,684
up €13,684 (+69.5%), from €19,692 to €33,376
of which Other amounts receivable: +€18,532
- Cash -€6,836
down €6,836 (-66.6%), from €10,260 to €3,424
mainly Receivables within one year (-€13,684) and Debts after one year (-€7,200)
- Tangible fixed assets -€6,159
down €6,159 (-15.2%), from €40,633 to €34,474
of which Furniture and vehicles: -€6,697
- Deferred charges and accrued income -€787
down €787 (-100.0%), from €787 to €0
- Debts after one year -€7,200
down €7,200 (-41.6%), from €17,322 to €10,122
- Tax, wage and social debts +€6,423
up €6,423 (+77.3%), from €8,304 to €14,727
- Gross operating margin -€2,527
down €2,527 (-9.1%), from €27,724 to €25,197
- Taxes -€569
down €569 (-10.2%), from €5,603 to €5,033
- Depreciation +€359
up €359 (+3.2%), from €11,358 to €11,718
- Financial charges -€336
down €336 (-23.7%), from €1,421 to €1,084
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 | €71,372 | €71,275 | -€97 | -0.1% |
| Fixed assets | 21/28 | €40,633 | €34,474 | -€6,159 | -15.2% |
| Tangible fixed assets | 22/27 | €40,633 | €34,474 | -€6,159 | -15.2% |
| Land and buildings | 22 | - | €1,024 | +€1,024 | |
| Plant, machinery and equipment | 23 | €3,742 | €3,256 | -€486 | -13.0% |
| Furniture and vehicles | 24 | €36,891 | €30,194 | -€6,697 | -18.2% |
| Current assets | 29/58 | €30,739 | €36,801 | +€6,062 | +19.7% |
| Amounts receivable within one year | 40/41 | €19,692 | €33,376 | +€13,684 | +69.5% |
| Trade receivables | 40 | €15,363 | €10,516 | -€4,848 | -31.6% |
| Other amounts receivable | 41 | €4,329 | €22,861 | +€18,532 | +428.1% |
| Cash at bank and in hand | 54/58 | €10,260 | €3,424 | -€6,836 | -66.6% |
| Deferred charges and accrued income | 490/1 | €787 | €0 | -€787 | -100.0% |
| Total equity and liabilities | 10/49 | €71,372 | €71,275 | -€97 | -0.1% |
| Equity | 10/15 | €37,776 | €37,776 | = | 0.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €25,376 | €25,376 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €23,516 | €25,376 | +€1,860 | +7.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €33,596 | €33,499 | -€97 | -0.3% |
| Amounts payable after more than one year | 17 | €17,322 | €10,122 | -€7,200 | -41.6% |
| Financial debts | 170/4 | €17,322 | €10,122 | -€7,200 | -41.6% |
| Amounts payable within one year | 42/48 | €16,273 | €23,377 | +€7,103 | +43.6% |
| Current portion of amounts payable after more than one year | 42 | €6,881 | €7,200 | +€319 | +4.6% |
| Trade debts | 44 | €1,088 | €1,450 | +€361 | +33.2% |
| Suppliers | 440/4 | €1,088 | €1,450 | +€361 | +33.2% |
| Taxes, remuneration and social security | 45 | €8,304 | €14,727 | +€6,423 | +77.3% |
| Taxes | 450/3 | €8,304 | €14,727 | +€6,423 | +77.3% |
| Remuneration, social security and pensions | 62 | - | €221 | +€221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,358 | €11,718 | +€359 | +3.2% |
| Other operating charges | 640/8 | €374 | €633 | +€260 | +69.5% |
| Gross operating margin | 9900 | €27,724 | €25,197 | -€2,527 | -9.1% |
| Operating profit (loss) | 9901 | €15,991 | €12,625 | -€3,366 | -21.1% |
| Financial income | 75/76B | €38 | €0 | -€38 | -100.0% |
| Recurring financial income | 75 | €38 | €0 | -€38 | -100.0% |
| Financial charges | 65/66B | €1,421 | €1,084 | -€336 | -23.7% |
| Recurring financial charges | 65 | €1,421 | €1,084 | -€336 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €14,608 | €11,541 | -€3,067 | -21.0% |
| Income taxes | 67/77 | €5,603 | €5,033 | -€569 | -10.2% |
| Profit (loss) for the period | 9904 | €9,006 | €6,508 | -€2,498 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,006 | €6,508 | -€2,498 | -27.7% |
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 8 October 2026 via checked.be.