Binary Into Picture/Image box

Lemme give you some details of my project..... Im trying to make a Tileset/Map editor for a game called "Subspace." I'm currently working on the Tile editor and I need to know if Binary can be loaded into a picture or image box because one of the formats (*.lvl) has a bmp inside it. To extract it, you open it for Binary and you get the first 49718 bits or bytes or whatever... But I want to be able to extract the bmp inside and edit it without making a new file.... I could really use alot of help on this. If any other information is needed, just ask and I'll try my best to answer it.

You can use CreateDIBitmap to create a bitmap you have stored in an array