Check attached screenshot and rpt output.

My guess is that AddonBuilder does not handle properly the situation when the Binarize box is unchecked.

The log output seems to confirm this because "ProcessName" references "binarize" while its "workingdir" references "filebank":
[ProcessName]=D:\apps\steam\steamapps\common\Arma 3 Tools\Binarize\binarize.exe
[ProcessWorkingDir]=D:\apps\steam\steamapps\common\Arma 3 Tools\FileBank

Also the "exclude" argument is used by filebank and probably not by binarize. {F27611} {F27612}