BYNR: 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.
BYNR
Largest movements
- Stocks and contracts -€94,094
down €94,094 (-67.3%), from €139,844 to €45,750
- Receivables within one year +€67,584
up €67,584 (+434.2%), from €15,566 to €83,150
of which Trade receivables: +€69,493
- Cash -€21,197
no longer reported in 2025 (was €21,197)
mainly Debts after one year (-€129,182) and Receivables within one year (-€67,584)
- Tangible fixed assets -€19,373
down €19,373 (-99.1%), from €19,550 to €177
- Debts after one year -€129,182
down €129,182 (-98.9%), from €130,612 to €1,431
- Short-term financial debts +€99,116
new in 2025: €99,116
- Profit (loss) carried forward -€35,187
down €35,187, from €26,157 to -€9,029
- Tax, wage and social debts -€4,129
down €4,129 (-75.8%), from €5,447 to €1,319
- Other debts +€2,703
up €2,703 (+21.9%), from €12,316 to €15,019
- Gross operating margin -€15,368
down €15,368 (-242.7%), from -€6,333 to -€21,701
- Depreciation -€5,332
down €5,332 (-55.5%), from €9,601 to €4,269
- Financial charges -€1,616
down €1,616 (-17.9%), from €9,017 to €7,401
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 | €198,901 | €131,788 | -€67,113 | -33.7% |
| Fixed assets | 21/28 | €20,900 | €1,527 | -€19,373 | -92.7% |
| Tangible fixed assets | 22/27 | €19,550 | €177 | -€19,373 | -99.1% |
| Furniture and vehicles | 24 | €19,550 | €177 | -€19,373 | -99.1% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €178,001 | €130,261 | -€47,739 | -26.8% |
| Stocks and contracts in progress | 3 | €139,844 | €45,750 | -€94,094 | -67.3% |
| Stocks | 30/36 | €139,844 | €45,750 | -€94,094 | -67.3% |
| Amounts receivable within one year | 40/41 | €15,566 | €83,150 | +€67,584 | +434.2% |
| Trade receivables | 40 | €13,657 | €83,150 | +€69,493 | +508.8% |
| Other amounts receivable | 41 | €1,910 | - | -€1,910 | |
| Cash at bank and in hand | 54/58 | €21,197 | - | -€21,197 | |
| Deferred charges and accrued income | 490/1 | €1,394 | €1,361 | -€33 | -2.4% |
| Total equity and liabilities | 10/49 | €198,901 | €131,788 | -€67,113 | -33.7% |
| Equity | 10/15 | €44,757 | €9,571 | -€35,187 | -78.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,157 | -€9,029 | -€35,187 | |
| Amounts payable | 17/49 | €154,143 | €122,217 | -€31,926 | -20.7% |
| Amounts payable after more than one year | 17 | €130,612 | €1,431 | -€129,182 | -98.9% |
| Financial debts | 170/4 | €130,612 | €1,431 | -€129,182 | -98.9% |
| Amounts payable within one year | 42/48 | €23,531 | €120,787 | +€97,256 | +413.3% |
| Current portion of amounts payable after more than one year | 42 | €4,022 | €4,182 | +€160 | +4.0% |
| Financial debts | 43 | - | €99,116 | +€99,116 | |
| Credit institutions | 430/8 | - | €99,116 | +€99,116 | |
| Trade debts | 44 | €1,745 | €1,150 | -€594 | -34.1% |
| Suppliers | 440/4 | €1,745 | €1,150 | -€594 | -34.1% |
| Taxes, remuneration and social security | 45 | €5,447 | €1,319 | -€4,129 | -75.8% |
| Taxes | 450/3 | €5,447 | €1,319 | -€4,129 | -75.8% |
| Other amounts payable | 47/48 | €12,316 | €15,019 | +€2,703 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,601 | €4,269 | -€5,332 | -55.5% |
| Other operating charges | 640/8 | €2,028 | €1,815 | -€212 | -10.5% |
| Gross operating margin | 9900 | -€6,333 | -€21,701 | -€15,368 | -242.7% |
| Operating profit (loss) | 9901 | -€17,962 | -€27,786 | -€9,824 | -54.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €9,017 | €7,401 | -€1,616 | -17.9% |
| Recurring financial charges | 65 | €9,017 | €7,401 | -€1,616 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€26,979 | -€35,187 | -€8,208 | -30.4% |
| Profit (loss) for the period | 9904 | -€26,979 | -€35,187 | -€8,208 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,979 | -€35,187 | -€8,208 | -30.4% |
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.