Maria BINASCO: 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.
Maria BINASCO
Largest movements
- Cash -€12,168
down €12,168 (-31.6%), from €38,459 to €26,291
mainly Investment in fixed assets (net) (-€7,430) and Other debts (-€5,100)
- Tangible fixed assets +€5,002
up €5,002 (+102%), from €4,906 to €9,908
of which Other tangible fixed assets: +€7,159
- Other debts -€5,100
down €5,100 (-82.9%), from €6,155 to €1,054
- Tax, wage and social debts -€1,859
down €1,859 (-23.4%), from €7,941 to €6,082
of which Taxes: -€2,016
- Trade debts -€637
down €637 (-49.8%), from €1,280 to €643
- Reserves +€608
up €608 (+2.3%), from €26,131 to €26,739
- Gross operating margin -€19,385
down €19,385 (-59.6%), from €32,523 to €13,138
- Taxes -€4,364
down €4,364 (-93.2%), from €4,684 to €320
- Staff costs +€2,607
up €2,607 (+38.0%), from €6,862 to €9,469
- Depreciation +€430
up €430 (+21.5%), from €1,997 to €2,427
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 | €43,507 | €36,518 | -€6,989 | -16.1% |
| Fixed assets | 21/28 | €4,906 | €9,908 | +€5,002 | +102% |
| Tangible fixed assets | 22/27 | €4,906 | €9,908 | +€5,002 | +102% |
| Furniture and vehicles | 24 | €4,906 | €2,749 | -€2,157 | -44.0% |
| Other tangible fixed assets | 26 | - | €7,159 | +€7,159 | |
| Current assets | 29/58 | €38,601 | €26,610 | -€11,991 | -31.1% |
| Cash at bank and in hand | 54/58 | €38,459 | €26,291 | -€12,168 | -31.6% |
| Deferred charges and accrued income | 490/1 | €142 | €319 | +€177 | +124% |
| Total equity and liabilities | 10/49 | €43,507 | €36,518 | -€6,989 | -16.1% |
| Equity | 10/15 | €28,131 | €28,739 | +€608 | +2.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €26,131 | €26,739 | +€608 | +2.3% |
| Distributable reserves | 133 | €26,131 | €26,739 | +€608 | +2.3% |
| Amounts payable | 17/49 | €15,376 | €7,780 | -€7,597 | -49.4% |
| Amounts payable within one year | 42/48 | €15,376 | €7,780 | -€7,597 | -49.4% |
| Trade debts | 44 | €1,280 | €643 | -€637 | -49.8% |
| Suppliers | 440/4 | €1,280 | €643 | -€637 | -49.8% |
| Taxes, remuneration and social security | 45 | €7,941 | €6,082 | -€1,859 | -23.4% |
| Taxes | 450/3 | €7,108 | €5,092 | -€2,016 | -28.4% |
| Remuneration and social security | 454/9 | €833 | €990 | +€156 | +18.7% |
| Other amounts payable | 47/48 | €6,155 | €1,054 | -€5,100 | -82.9% |
| Remuneration, social security and pensions | 62 | €6,862 | €9,469 | +€2,607 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,997 | €2,427 | +€430 | +21.5% |
| Other operating charges | 640/8 | - | €124 | +€124 | |
| Gross operating margin | 9900 | €32,523 | €13,138 | -€19,385 | -59.6% |
| Operating profit (loss) | 9901 | €23,663 | €1,118 | -€22,545 | -95.3% |
| Financial income | 75/76B | €26 | €102 | +€76 | +292% |
| Recurring financial income | 75 | €26 | €102 | +€76 | +292% |
| Financial charges | 65/66B | €102 | €292 | +€190 | +186% |
| Recurring financial charges | 65 | €102 | €292 | +€190 | +186% |
| Profit (loss) for the period before taxes | 9903 | €23,587 | €928 | -€22,659 | -96.1% |
| Income taxes | 67/77 | €4,684 | €320 | -€4,364 | -93.2% |
| Profit (loss) for the period | 9904 | €18,904 | €608 | -€18,296 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,904 | €608 | -€18,296 | -96.8% |
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 19 October 2026 via checked.be.