Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 6.4 to 5.5.
Financials
Financial year 2025
Binst Breeding & Selection from Grimbergen, company number BE0416150388, closed financial year 2025 with a result of € 273,788 after tax. For that financial year Binst Breeding & Selection recorded a gross margin of € 1.3 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € 282,008 to € 273,788. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 27, 2026.
€ 3.2 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 273,788
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 2 million
▲ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.2 million.
People and assets in 2025
5.5
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 611,885
▼ 11% vs 2024
€ 111,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 191,104
▲ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▲ 108% vs 2024
€ 51,638 is repaid this year. At this pace the long-term loan is gone in ≈ 35 years.
€ 642,861
▲ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 80,598
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,851,330 | - | - | - | |
| Gross margin | - | € 1,012,355 | € 1,421,064 | € 1,329,878 | ▼ 6% |
| Profit after taxes | € 182,323 | € 85,284 | € 282,008 | € 273,788 | ▼ 3% |
| Equity | € 2,585,104 | € 2,670,389 | € 2,952,397 | € 3,226,185 | ▲ 9% |
| Total debts | € 2,467,395 | € 2,143,413 | € 2,348,564 | € 2,575,349 | ▲ 10% |
| Cash | € 2,418,329 | € 2,609,420 | € 997,416 | € 1,995,741 | ▲ 100% |
| Land & buildings | € 1,879,120 | € 1,748,398 | € 1,630,662 | € 1,524,611 | ▼ 7% |
| Retained profit | € 2,523,104 | € 2,608,389 | € 2,890,397 | € 3,164,185 | ▲ 9% |
| Dividend | € 149,864 | € 0 | € 0 | € 0 | |
| Bank debt | € 976,067 | € 927,470 | € 877,880 | € 1,827,275 | ▲ 108% |
| Balance sheet total | € 5,362,233 | € 5,091,566 | € 5,551,102 | € 6,024,051 | ▲ 9% |
| Employees (FTE) | 7.7 | 6.4 | 6.2 | 5.5 | ▼ 0.7 |
Key figures of Binst Breeding & Selection, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 March 2027.
What happened to Binst Breeding & Selection?
What happened at Binst Breeding & Selection in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dominique Binst stepped down as director. NBB
- Francis Binst stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 273,788 (▼ 3% vs 2024). Source: NBB ↗
- Dominique Binst became a director. NBB
- Francis Binst became a director. NBB
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 182,323 profit in 2022 to € 273,788 profit in 2025.
Paid € 521,199 in corporate taxes since 2022.
Best year ever: 2024, with € 282,008 profit.
On average € 241,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Dominique Binst
Director
since 2017 · until 2028
Francis Binst
Managing director
since 2017 · until 2028
Establishments
Establishment units
Physical locations of this company
Verbrande Brugsesteenweg 50
1850 Grimbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.150.388
- VAT number
- BE 0416.150.388
- Registered office
- Verbrande Brugsesteenweg 50, 1850 Grimbergen
- Names & denominations
- Binst Breeding & Selection · B.B.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 1976
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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