SERRURERIE BINCHOISE: 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.
SERRURERIE BINCHOISE
Largest movements
- Cash -€6,906
down €6,906 (-16.5%), from €41,953 to €35,047
mainly Net result for the year (-€17,481) and Investment in fixed assets (net) (-€14,264)
- Stocks and contracts +€5,032
up €5,032 (+4.0%), from €125,181 to €130,213
- Other debts +€19,423
up €19,423 (+78.9%), from €24,625 to €44,048
- Profit (loss) carried forward -€17,481
down €17,481 (-57.2%), from €30,579 to €13,098
- Trade debts -€12,899
down €12,899 (-71.8%), from €17,960 to €5,061
- Tax, wage and social debts +€9,068
up €9,068 (+22.7%), from €39,944 to €49,012
of which Remuneration and social security: +€7,405
- Staff costs +€33,621
up €33,621 (+24.1%), from €139,780 to €173,401
- Gross operating margin -€14,155
down €14,155 (-7.5%), from €187,906 to €173,751
- Depreciation +€8,339
up €8,339 (+164%), from €5,098 to €13,437
- Taxes -€5,518
down €5,518 (-96.8%), from €5,700 to €182
- Other operating charges -€3,974
down €3,974 (-64.3%), from €6,184 to €2,210
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 | €256,764 | €254,875 | -€1,889 | -0.7% |
| Fixed assets | 21/28 | €54,906 | €55,734 | +€827 | +1.5% |
| Tangible fixed assets | 22/27 | €50,448 | €51,011 | +€563 | +1.1% |
| Plant, machinery and equipment | 23 | €606 | €96 | -€510 | -84.1% |
| Furniture and vehicles | 24 | €44,691 | €47,769 | +€3,078 | +6.9% |
| Other tangible fixed assets | 26 | €5,150 | €3,146 | -€2,005 | -38.9% |
| Financial fixed assets | 28 | €4,458 | €4,722 | +€264 | +5.9% |
| Current assets | 29/58 | €201,858 | €199,142 | -€2,716 | -1.3% |
| Stocks and contracts in progress | 3 | €125,181 | €130,213 | +€5,032 | +4.0% |
| Stocks | 30/36 | €125,181 | €130,213 | +€5,032 | +4.0% |
| Amounts receivable within one year | 40/41 | €32,373 | €32,633 | +€259 | +0.8% |
| Trade receivables | 40 | €32,373 | €32,633 | +€259 | +0.8% |
| Cash at bank and in hand | 54/58 | €41,953 | €35,047 | -€6,906 | -16.5% |
| Deferred charges and accrued income | 490/1 | €2,350 | €1,249 | -€1,101 | -46.9% |
| Total equity and liabilities | 10/49 | €256,764 | €254,875 | -€1,889 | -0.7% |
| Equity | 10/15 | €102,235 | €84,754 | -€17,481 | -17.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €9,656 | €9,656 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,656 | €9,656 | = | 0.0% |
| Legal reserve | 130 | €9,656 | €9,656 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,579 | €13,098 | -€17,481 | -57.2% |
| Amounts payable | 17/49 | €154,529 | €170,121 | +€15,592 | +10.1% |
| Amounts payable after more than one year | 17 | €72,000 | €72,000 | = | 0.0% |
| Other amounts payable | 178/9 | €72,000 | €72,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €82,529 | €98,121 | +€15,592 | +18.9% |
| Trade debts | 44 | €17,960 | €5,061 | -€12,899 | -71.8% |
| Suppliers | 440/4 | €17,960 | €5,061 | -€12,899 | -71.8% |
| Taxes, remuneration and social security | 45 | €39,944 | €49,012 | +€9,068 | +22.7% |
| Taxes | 450/3 | €18,363 | €20,026 | +€1,663 | +9.1% |
| Remuneration and social security | 454/9 | €21,582 | €28,986 | +€7,405 | +34.3% |
| Other amounts payable | 47/48 | €24,625 | €44,048 | +€19,423 | +78.9% |
| Non-recurring operating income | 76A | €6,500 | €0 | -€6,500 | -100% |
| Remuneration, social security and pensions | 62 | €139,780 | €173,401 | +€33,621 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,098 | €13,437 | +€8,339 | +164% |
| Other operating charges | 640/8 | €6,184 | €2,210 | -€3,974 | -64.3% |
| Gross operating margin | 9900 | €187,906 | €173,751 | -€14,155 | -7.5% |
| Operating profit (loss) | 9901 | €36,844 | -€15,297 | -€52,141 | |
| Financial income | 75/76B | €1,870 | €1,246 | -€625 | -33.4% |
| Recurring financial income | 75 | €1,870 | €1,246 | -€625 | -33.4% |
| Financial charges | 65/66B | €1,461 | €3,248 | +€1,787 | +122% |
| Recurring financial charges | 65 | €1,461 | €3,248 | +€1,787 | +122% |
| Profit (loss) for the period before taxes | 9903 | €37,253 | -€17,299 | -€54,553 | |
| Income taxes | 67/77 | €5,700 | €182 | -€5,518 | -96.8% |
| Profit (loss) for the period | 9904 | €31,553 | -€17,481 | -€49,034 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,553 | -€17,481 | -€49,034 |
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 31 October 2026 via checked.be.