Bintein: 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.
Bintein
Largest movements
- Stocks and contracts +€85,868
new in 2025: €85,868
- Financial fixed assets +€30,000
up €30,000 (+3.8%), from €795,134 to €825,134
- Receivables after one year +€24,657
up €24,657 (+11.4%), from €215,448 to €240,105
- Reserves +€150,538
up €150,538 (+10.2%), from €1.5m to €1.6m
of which Distributable reserves: +€150,538
- Other debts -€76,679
down €76,679 (-35.4%), from €216,390 to €139,712
- Trade debts +€64,475
up €64,475 (+1832.5%), from €3,518 to €67,993
- Gross operating margin +€29,743
up €29,743 (+20.2%), from €147,481 to €177,224
- Financial income -€11,926
down €11,926 (-20.4%), from €58,509 to €46,583
- Taxes -€6,927
down €6,927 (-13.2%), from €52,301 to €45,374
- Financial charges +€2,948
up €2,948 (+17.0%), from €17,373 to €20,321
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 | €2,073,188 | €2,193,419 | +€120,232 | +5.8% |
| Fixed assets | 21/28 | €802,472 | €826,312 | +€23,841 | +3.0% |
| Tangible fixed assets | 22/27 | €7,338 | €1,178 | -€6,159 | -83.9% |
| Furniture and vehicles | 24 | €7,338 | €1,178 | -€6,159 | -83.9% |
| Financial fixed assets | 28 | €795,134 | €825,134 | +€30,000 | +3.8% |
| Current assets | 29/58 | €1,270,716 | €1,367,107 | +€96,391 | +7.6% |
| Amounts receivable after more than one year | 29 | €215,448 | €240,105 | +€24,657 | +11.4% |
| Other amounts receivable | 291 | €215,448 | €240,105 | +€24,657 | +11.4% |
| Stocks and contracts in progress | 3 | - | €85,868 | +€85,868 | |
| Stocks | 30/36 | - | €85,868 | +€85,868 | |
| Amounts receivable within one year | 40/41 | €1,032,399 | €1,014,148 | -€18,252 | -1.8% |
| Trade receivables | 40 | €19,057 | €85,873 | +€66,817 | +350.6% |
| Other amounts receivable | 41 | €1,013,343 | €928,274 | -€85,068 | -8.4% |
| Current investments | 50/53 | - | €12,499 | +€12,499 | |
| Cash at bank and in hand | 54/58 | €12,112 | €3,376 | -€8,736 | -72.1% |
| Deferred charges and accrued income | 490/1 | €10,757 | €11,112 | +€355 | +3.3% |
| Total equity and liabilities | 10/49 | €2,073,188 | €2,193,419 | +€120,232 | +5.8% |
| Equity | 10/15 | €1,800,718 | €1,951,256 | +€150,538 | +8.4% |
| Contributions | 10/11 | €318,254 | €318,254 | = | 0.0% |
| Reserves | 13 | €1,482,464 | €1,633,002 | +€150,538 | +10.2% |
| Tax-exempt reserves | 132 | €8,400 | €8,400 | = | 0.0% |
| Distributable reserves | 133 | €1,474,064 | €1,624,602 | +€150,538 | +10.2% |
| Amounts payable | 17/49 | €272,470 | €242,164 | -€30,306 | -11.1% |
| Amounts payable within one year | 42/48 | €243,144 | €221,883 | -€21,261 | -8.7% |
| Trade debts | 44 | €3,518 | €67,993 | +€64,475 | +1832.5% |
| Suppliers | 440/4 | €3,518 | €67,993 | +€64,475 | +1832.5% |
| Taxes, remuneration and social security | 45 | €23,235 | €14,178 | -€9,057 | -39.0% |
| Taxes | 450/3 | €19,837 | €14,178 | -€5,659 | -28.5% |
| Remuneration and social security | 454/9 | €3,398 | €0 | -€3,398 | -100.0% |
| Other amounts payable | 47/48 | €216,390 | €139,712 | -€76,679 | -35.4% |
| Accrued charges and deferred income | 492/3 | €29,327 | €20,281 | -€9,046 | -30.8% |
| Remuneration, social security and pensions | 62 | €586 | €0 | -€586 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,159 | €6,159 | = | 0.0% |
| Other operating charges | 640/8 | €1,345 | €1,414 | +€69 | +5.1% |
| Gross operating margin | 9900 | €147,481 | €177,224 | +€29,743 | +20.2% |
| Operating profit (loss) | 9901 | €139,391 | €169,651 | +€30,260 | +21.7% |
| Financial income | 75/76B | €58,509 | €46,583 | -€11,926 | -20.4% |
| Recurring financial income | 75 | €58,509 | €46,583 | -€11,926 | -20.4% |
| Financial charges | 65/66B | €17,373 | €20,321 | +€2,948 | +17.0% |
| Recurring financial charges | 65 | €17,373 | €20,321 | +€2,948 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €180,526 | €195,912 | +€15,386 | +8.5% |
| Income taxes | 67/77 | €52,301 | €45,374 | -€6,927 | -13.2% |
| Profit (loss) for the period | 9904 | €128,225 | €150,538 | +€22,313 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €128,225 | €150,538 | +€22,313 | +17.4% |
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 6 October 2026 via checked.be.