Binoptics: 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.
Binoptics
Largest movements
- Stocks and contracts +€1.1m
up €1.1m (+7444.3%), from €14,656 to €1.1m
- Tangible fixed assets +€937,489
up €937,489 (+270.6%), from €346,487 to €1.3m
of which Other tangible fixed assets: +€762,995
- Receivables within one year -€605,086
down €605,086 (-45.4%), from €1.3m to €728,199
of which Trade receivables: -€914,477
- Cash +€392,068
up €392,068 (+2047.1%), from €19,152 to €411,220
mainly Trade debts (+€827,876) and Receivables within one year (+€605,086)
- Intangible fixed assets +€303,330
up €303,330 (+429.3%), from €70,651 to €373,981
- Trade debts +€827,876
up €827,876 (+264.2%), from €313,390 to €1.1m
- Profit (loss) carried forward +€515,525
up €515,525 (+276.1%), from €186,684 to €702,209
- Tax, wage and social debts +€419,859
up €419,859 (+1490.8%), from €28,163 to €448,022
of which Taxes: +€358,748
- Contributions +€336,000
up €336,000 (+23.6%), from €1.4m to €1.8m
- Gross operating margin +€1.7m
up €1.7m (+986.2%), from €170,628 to €1.9m
- Staff costs +€565,804
up €565,804 (+991.5%), from €57,067 to €622,871
- Depreciation +€240,197
up €240,197 (+314.6%), from €76,347 to €316,544
- Financial charges +€234,558
up €234,558 (+4655.8%), from €5,038 to €239,596
- Taxes +€158,201
up €158,201 (+22909.1%), from €691 to €158,892
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 | €2,001,362 | €4,138,187 | +€2.1m | +106.8% |
| Fixed assets | 21/28 | €594,873 | €1,836,172 | +€1.2m | +208.7% |
| Intangible fixed assets | 21 | €70,651 | €373,981 | +€303,330 | +429.3% |
| Tangible fixed assets | 22/27 | €346,487 | €1,283,976 | +€937,489 | +270.6% |
| Plant, machinery and equipment | 23 | €308,953 | €431,787 | +€122,834 | +39.8% |
| Furniture and vehicles | 24 | €37,534 | €68,508 | +€30,974 | +82.5% |
| Leasing and similar rights | 25 | - | €20,686 | +€20,686 | |
| Other tangible fixed assets | 26 | - | €762,995 | +€762,995 | |
| Financial fixed assets | 28 | €177,736 | €178,216 | +€480 | +0.3% |
| Current assets | 29/58 | €1,406,488 | €2,302,015 | +€895,526 | +63.7% |
| Stocks and contracts in progress | 3 | €14,656 | €1,105,673 | +€1.1m | +7444.3% |
| Stocks | 30/36 | €14,656 | €1,105,673 | +€1.1m | +7444.3% |
| Amounts receivable within one year | 40/41 | €1,333,286 | €728,199 | -€605,086 | -45.4% |
| Trade receivables | 40 | €1,201,704 | €287,227 | -€914,477 | -76.1% |
| Other amounts receivable | 41 | €131,581 | €440,972 | +€309,391 | +235.1% |
| Cash at bank and in hand | 54/58 | €19,152 | €411,220 | +€392,068 | +2047.1% |
| Deferred charges and accrued income | 490/1 | €39,395 | €56,923 | +€17,528 | +44.5% |
| Total equity and liabilities | 10/49 | €2,001,362 | €4,138,187 | +€2.1m | +106.8% |
| Equity | 10/15 | €1,650,584 | €2,502,109 | +€851,525 | +51.6% |
| Contributions | 10/11 | €1,424,000 | €1,760,000 | +€336,000 | +23.6% |
| Reserves | 13 | €39,900 | €39,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €39,900 | €39,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €186,684 | €702,209 | +€515,525 | +276.1% |
| Amounts payable | 17/49 | €350,777 | €1,636,078 | +€1.3m | +366.4% |
| Amounts payable after more than one year | 17 | - | €12,931 | +€12,931 | |
| Financial debts | 170/4 | - | €12,931 | +€12,931 | |
| Amounts payable within one year | 42/48 | €350,755 | €1,623,147 | +€1.3m | +362.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,929 | +€6,929 | |
| Trade debts | 44 | €313,390 | €1,141,266 | +€827,876 | +264.2% |
| Suppliers | 440/4 | €313,390 | €1,141,266 | +€827,876 | +264.2% |
| Advances received on contracts in progress | 46 | €9,202 | €26,930 | +€17,728 | +192.6% |
| Taxes, remuneration and social security | 45 | €28,163 | €448,022 | +€419,859 | +1490.8% |
| Taxes | 450/3 | €23,190 | €381,938 | +€358,748 | +1547.0% |
| Remuneration and social security | 454/9 | €4,973 | €66,084 | +€61,111 | +1228.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €23 | €0 | -€23 | -100.0% |
| Non-recurring operating income | 76A | - | €70,122 | +€70,122 | |
| Remuneration, social security and pensions | 62 | €57,067 | €622,871 | +€565,804 | +991.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,347 | €316,544 | +€240,197 | +314.6% |
| Other operating charges | 640/8 | €12,914 | €51,514 | +€38,599 | +298.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €170,628 | €1,853,375 | +€1.7m | +986.2% |
| Operating profit (loss) | 9901 | €24,299 | €862,446 | +€838,147 | +3449.2% |
| Financial income | 75/76B | €8,450 | €51,566 | +€43,116 | +510.2% |
| Recurring financial income | 75 | €8,450 | €51,566 | +€43,116 | +510.2% |
| Financial charges | 65/66B | €5,038 | €239,596 | +€234,558 | +4655.8% |
| Recurring financial charges | 65 | €5,038 | €239,596 | +€234,558 | +4655.8% |
| Profit (loss) for the period before taxes | 9903 | €27,712 | €674,416 | +€646,705 | +2333.7% |
| Income taxes | 67/77 | €691 | €158,892 | +€158,201 | +22909.1% |
| Profit (loss) for the period | 9904 | €27,021 | €515,525 | +€488,503 | +1807.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,021 | €515,525 | +€488,503 | +1807.9% |
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 1 October 2026 via checked.be.