Het Binnenwerk: 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.
Het Binnenwerk
Largest movements
- Tangible fixed assets +€142,629
up €142,629 (+15.6%), from €917,112 to €1.1m
of which Land and buildings: +€138,237
- Cash +€23,468
up €23,468 (+232%), from €10,125 to €33,594
mainly Other debts (+€210,057) and Depreciation (+€97,729)
- Other debts +€210,057
up €210,057 (+16,940%), from €1,240 to €211,297
- Debts after one year -€35,146
down €35,146 (-4.9%), from €723,613 to €688,467
- Gross operating margin +€15,658
up €15,658 (+14.8%), from €105,617 to €121,276
- Depreciation +€13,232
up €13,232 (+15.7%), from €84,497 to €97,729
- Financial charges +€2,433
up €2,433 (+16.1%), from €15,141 to €17,574
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.
Derived cash bridge
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 | €954,078 | €1,130,272 | +€176,194 | +18.5% |
| Fixed assets | 21/28 | €917,112 | €1,059,741 | +€142,629 | +15.6% |
| Tangible fixed assets | 22/27 | €917,112 | €1,059,741 | +€142,629 | +15.6% |
| Land and buildings | 22 | €914,832 | €1,053,069 | +€138,237 | +15.1% |
| Plant, machinery and equipment | 23 | €457 | €237 | -€219 | -48.0% |
| Furniture and vehicles | 24 | €1,823 | €6,434 | +€4,611 | +253% |
| Current assets | 29/58 | €36,966 | €70,532 | +€33,565 | +90.8% |
| Stocks and contracts in progress | 3 | - | €2,389 | +€2,389 | |
| Stocks | 30/36 | - | €2,389 | +€2,389 | |
| Amounts receivable within one year | 40/41 | €25,593 | €33,345 | +€7,752 | +30.3% |
| Trade receivables | 40 | €16,562 | €26,623 | +€10,061 | +60.7% |
| Other amounts receivable | 41 | €9,031 | €6,722 | -€2,309 | -25.6% |
| Cash at bank and in hand | 54/58 | €10,125 | €33,594 | +€23,468 | +232% |
| Deferred charges and accrued income | 490/1 | €1,248 | €1,204 | -€44 | -3.5% |
| Total equity and liabilities | 10/49 | €954,078 | €1,130,272 | +€176,194 | +18.5% |
| Equity | 10/15 | €166,043 | €159,095 | -€6,948 | -4.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €263,343 | €263,343 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,594 | €5,594 | = | 0.0% |
| Legal reserve | 130 | €5,594 | €5,594 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,337 | €1,337 | = | 0.0% |
| Distributable reserves | 133 | €256,411 | €256,411 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€158,799 | -€165,748 | -€6,948 | -4.4% |
| Amounts payable | 17/49 | €788,035 | €971,177 | +€183,142 | +23.2% |
| Amounts payable after more than one year | 17 | €723,613 | €688,467 | -€35,146 | -4.9% |
| Financial debts | 170/4 | €723,613 | €688,467 | -€35,146 | -4.9% |
| Amounts payable within one year | 42/48 | €64,421 | €282,710 | +€218,289 | +339% |
| Current portion of amounts payable after more than one year | 42 | €55,426 | €57,146 | +€1,720 | +3.1% |
| Trade debts | 44 | €4,008 | €14,266 | +€10,259 | +256% |
| Suppliers | 440/4 | €4,008 | €14,266 | +€10,259 | +256% |
| Taxes, remuneration and social security | 45 | €3,748 | - | -€3,748 | |
| Taxes | 450/3 | €3,748 | - | -€3,748 | |
| Other amounts payable | 47/48 | €1,240 | €211,297 | +€210,057 | +16,940% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,497 | €97,729 | +€13,232 | +15.7% |
| Other operating charges | 640/8 | €12,237 | €12,992 | +€755 | +6.2% |
| Gross operating margin | 9900 | €105,617 | €121,276 | +€15,658 | +14.8% |
| Operating profit (loss) | 9901 | €8,884 | €10,554 | +€1,671 | +18.8% |
| Financial income | 75/76B | €154 | €72 | -€82 | -53.3% |
| Recurring financial income | 75 | €154 | €72 | -€82 | -53.3% |
| Financial charges | 65/66B | €15,141 | €17,574 | +€2,433 | +16.1% |
| Recurring financial charges | 65 | €15,141 | €17,574 | +€2,433 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,104 | -€6,948 | -€844 | -13.8% |
| Profit (loss) for the period | 9904 | -€6,104 | -€6,948 | -€844 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,104 | -€6,948 | -€844 | -13.8% |
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 25 October 2026 via checked.be.