BINOR: 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.
BINOR
Largest movements
- Receivables within one year -€36,863
down €36,863 (-35.4%), from €104,015 to €67,152
of which Other amounts receivable: -€37,494
- Tangible fixed assets -€11,328
down €11,328 (-15.2%), from €74,547 to €63,219
of which Furniture and vehicles: -€16,242
- Cash +€8,021
up €8,021 (+1.5%), from €521,838 to €529,859
mainly Net result for the year (+€100,112) and Receivables within one year (+€36,863)
- Reserves -€43,000
down €43,000 (-8.5%), from €508,000 to €465,000
- Debts after one year -€12,146
down €12,146 (-32.4%), from €37,451 to €25,305
- Profit (loss) carried forward +€10,112
up €10,112 (+31.6%), from €32,041 to €42,153
- Gross operating margin -€124,838
down €124,838 (-43.0%), from €290,410 to €165,572
- Financial income -€81,473
down €81,473 (-91.0%), from €89,556 to €8,083
of which Non-recurring financial income: -€86,099
- Taxes -€62,229
down €62,229 (-55.8%), from €111,618 to €49,389
- Other operating charges -€6,879
down €6,879 (-77.5%), from €8,874 to €1,995
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 | €708,702 | €666,307 | -€42,395 | -6.0% |
| Fixed assets | 21/28 | €76,102 | €64,349 | -€11,753 | -15.4% |
| Intangible fixed assets | 21 | €1,499 | €1,074 | -€425 | -28.4% |
| Tangible fixed assets | 22/27 | €74,547 | €63,219 | -€11,328 | -15.2% |
| Land and buildings | 22 | €4,720 | €4,720 | = | 0.0% |
| Furniture and vehicles | 24 | €63,373 | €47,131 | -€16,242 | -25.6% |
| Other tangible fixed assets | 26 | €6,454 | €11,368 | +€4,914 | +76.1% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €632,600 | €601,958 | -€30,642 | -4.8% |
| Amounts receivable within one year | 40/41 | €104,015 | €67,152 | -€36,863 | -35.4% |
| Trade receivables | 40 | €3,369 | €4,000 | +€631 | +18.7% |
| Other amounts receivable | 41 | €100,646 | €63,152 | -€37,494 | -37.3% |
| Cash at bank and in hand | 54/58 | €521,838 | €529,859 | +€8,021 | +1.5% |
| Deferred charges and accrued income | 490/1 | €6,747 | €4,947 | -€1,800 | -26.7% |
| Total equity and liabilities | 10/49 | €708,702 | €666,307 | -€42,395 | -6.0% |
| Equity | 10/15 | €548,541 | €515,653 | -€32,888 | -6.0% |
| Contributions | 10/11 | €8,500 | €8,500 | = | 0.0% |
| Reserves | 13 | €508,000 | €465,000 | -€43,000 | -8.5% |
| Distributable reserves | 133 | €508,000 | €465,000 | -€43,000 | -8.5% |
| Profit (loss) carried forward | 14 | €32,041 | €42,153 | +€10,112 | +31.6% |
| Amounts payable | 17/49 | €160,161 | €150,654 | -€9,507 | -5.9% |
| Amounts payable after more than one year | 17 | €37,451 | €25,305 | -€12,146 | -32.4% |
| Financial debts | 170/4 | €37,451 | €25,305 | -€12,146 | -32.4% |
| Amounts payable within one year | 42/48 | €122,710 | €125,349 | +€2,639 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €13,862 | €13,813 | -€49 | -0.4% |
| Trade debts | 44 | €3,856 | €5,289 | +€1,433 | +37.2% |
| Suppliers | 440/4 | €3,856 | €5,289 | +€1,433 | +37.2% |
| Taxes, remuneration and social security | 45 | €104,992 | €106,247 | +€1,255 | +1.2% |
| Taxes | 450/3 | €104,992 | €106,247 | +€1,255 | +1.2% |
| Non-recurring operating income | 76A | €1,909 | €6,044 | +€4,135 | +216.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,272 | €19,697 | -€1,575 | -7.4% |
| Other operating charges | 640/8 | €8,874 | €1,995 | -€6,879 | -77.5% |
| Gross operating margin | 9900 | €290,410 | €165,572 | -€124,838 | -43.0% |
| Operating profit (loss) | 9901 | €260,264 | €143,880 | -€116,384 | -44.7% |
| Financial income | 75/76B | €89,556 | €8,083 | -€81,473 | -91.0% |
| Recurring financial income | 75 | €3,457 | €8,083 | +€4,626 | +133.8% |
| Non-recurring financial income | 76B | €86,099 | - | -€86,099 | |
| Financial charges | 65/66B | €3,271 | €2,462 | -€809 | -24.7% |
| Recurring financial charges | 65 | €3,271 | €2,462 | -€809 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €346,549 | €149,501 | -€197,048 | -56.9% |
| Income taxes | 67/77 | €111,618 | €49,389 | -€62,229 | -55.8% |
| Profit (loss) for the period | 9904 | €234,931 | €100,112 | -€134,819 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €234,931 | €100,112 | -€134,819 | -57.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.