BIO SOLUTION
ActiveSummary
BIO SOLUTION has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €378k and a net result of €64k. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 4604 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability89=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 15.29 against 10.04 in 2023; short-term debt: 6.1% and cash: 36.3% of total assets), and 6.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.9%
Return on assets
15.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
36 d early
2022
30 d late
2021
16 d late
2020
57 d early
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€64k▲ 12.1%
2023 · €57k
2018: €9k
2019: €-823▼ -109% vs 2018lowest in 7 years
2020: €27k▲ +3345% vs 2019
2021: €50k▲ +85.6% vs 2020
2022: €76k▲ +54.2% vs 2021highest in 7 years
2023: €57k▼ -25.2% vs 2022
2024: €64k▲ +12.1% vs 2023
2018 → 2024
Working capital
€353k▲ 20.5%
2023 · €293k
2018: €137k
2019: €91k▼ -33.5% vs 2018lowest in 7 years
2020: €116k▲ +27.6% vs 2019
2021: €171k▲ +47.1% vs 2020
2022: €251k▲ +47.0% vs 2021
2023: €293k▲ +16.5% vs 2022
2024: €353k▲ +20.5% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€141k-€191k▲ 35.2%€267k▲ 40.1%€314k▲ 17.5%€378k▲ 20.4%
2020: €141klowest in 5 years
2021: €191k▲ +35.2% vs 2020
2022: €267k▲ +40.1% vs 2021
2023: €314k▲ +17.5% vs 2022
2024: €378k▲ +20.4% vs 2023highest in 5 years
Operating result€30k-€51k▲ 72.6%€78k▲ 52.0%€74k▼ 5.3%€96k▲ 30.7%
2020: €30klowest in 5 years
2021: €51k▲ +72.6% vs 2020
2022: €78k▲ +52.0% vs 2021
2023: €74k▼ -5.3% vs 2022
2024: €96k▲ +30.7% vs 2023highest in 5 years
Net result€27k-€50k▲ 85.6%€76k▲ 54.2%€57k▼ 25.2%€64k▲ 12.1%
2020: €27klowest in 5 years
2021: €50k▲ +85.6% vs 2020
2022: €76k▲ +54.2% vs 2021highest in 5 years
2023: €57k▼ -25.2% vs 2022
2024: €64k▲ +12.1% vs 2023
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 31% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €403k
Fixed assets
€25k ▲ 19.6%
Current assets
€378k ▲ 16.1%
Equity and liabilities €403k
Equity
€378k ▲ 20.4%
Debt
€25k ▼ 23.7%
Debt's share of the balance-sheet total falls from 9.4% to 6.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€106k▲
2023 · €85k
Cash flow
€74k▲
2023 · €68k
Current ratio
15.29▲
2023 · 10.04
Debt to equity
0.07▼
2023 · 0.10
ROE
17.0%▼
2023 · 18.2%
ROA
15.9%▼
2023 · 16.5%
Interest coverage
413.85▲
2023 · 400.05
Debt ≤ 1 year
€25k▼
2023 · €32k
Income taxes
€32k▲
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€346k€403k▲
Fixed assets21/28€21k€25k▲
Tangible fixed assets22/27€21k€25k▲
Land and buildings22€6k€17k▲
Plant, machinery and equipment23€0€1k▲
Furniture and vehicles24€12k€5k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€325k€378k▲
Amounts receivable within one year40/41€30k€47k▲
Trade receivables40€29k€31k▲
Other amounts receivable41€787€15k▲
Current investments50/53€183k€183k=
Cash at bank and in hand54/58€108k€146k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€346k€403k▲
Equity10/15€314k€378k▲
Contributions10/11€0-
Reserves13€240k€304k▲
Non-distributable reserves130/1€183k€183k=
Reserves not available under the articles1311€0-
Own shares acquired1312€183k€183k=
Distributable reserves133€57k€121k▲
Profit (loss) carried forward14€74k€74k=
Amounts payable17/49€32k€25k▼
Amounts payable within one year42/48€32k€25k▼
Trade debts44€4k€750▼
Suppliers440/4€4k€750▼
Taxes, remuneration and social security45€27k€22k▼
Taxes450/3€27k€22k▼
Other amounts payable47/48€1k€1k▲
Accrued charges and deferred income492/3€19€35▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€88k€108k▲
Operating profit (loss)9901€74k€96k▲
Financial income75/76B€0€494▲
Recurring financial income75€0€494▲
Financial charges65/66B€212€256▲
Recurring financial charges65€212€256▲
Profit (loss) for the period before taxes9903€74k€97k▲
Income taxes67/77€16k€32k▲
Profit (loss) for the period9904€57k€64k▲
Profit (loss) for the period to be appropriated9905€57k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€131k€138k▲
Profit (loss) brought forward from the previous period14P€74k€74k=
Transfer from equity791/2€2k€0▼
Transfer to equity691/2€57k€64k▲
To other reserves6921€57k€64k▲
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €6k | €6k | €11k | €9k | ▼ 14.2% |
| Other operating charges640/8 | - | €3k | €3k | €3k | €3k | ▼ 14.4% |
| Gross operating margin9900 | €46k | €60k | €86k | €88k | €108k | ▲ 23.4% |
| Operating profit (loss)9901 | €30k | €51k | €78k | €74k | €96k | ▲ 30.7% |
| Financial income75/76B | - | €0 | €0 | €0 | €494 | - |
| Recurring financial income75 | €0 | €0 | €0 | €0 | €494 | - |
| Financial charges65/66B | - | €1k | €1k | €212 | €256 | ▲ 20.6% |
| Recurring financial charges65 | €3k | €1k | €1k | €212 | €256 | ▲ 20.6% |
| Profit (loss) for the period before taxes9903 | €27k | €50k | €77k | €74k | €97k | ▲ 31.4% |
| Income taxes67/77 | €259 | €275 | €367 | €16k | €32k | ▲ 98.8% |
| Profit (loss) for the period9904 | €27k | €50k | €76k | €57k | €64k | ▲ 12.1% |
| Profit (loss) for the period to be appropriated9905 | €27k | €50k | €76k | €57k | €64k | ▲ 12.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €227k | €275k | €286k | €346k | €403k | ▲ 16.3% |
| Fixed assets21/28 | €25k | €20k | €16k | €21k | €25k | ▲ 19.6% |
| Tangible fixed assets22/27 | €25k | €20k | €16k | €21k | €25k | ▲ 19.6% |
| Land and buildings22 | - | €8k | €7k | €6k | €17k | ▲ 175% |
| Plant, machinery and equipment23 | - | €7k | €4k | €0 | €1k | - |
| Furniture and vehicles24 | - | €2k | €3k | €12k | €5k | ▼ 60.1% |
| Other tangible fixed assets26 | - | €3k | €3k | €2k | €2k | ▼ 12.3% |
| Current assets29/58 | €202k | €255k | €271k | €325k | €378k | ▲ 16.1% |
| Amounts receivable within one year40/41 | €0 | - | €48k | €30k | €47k | ▲ 54.4% |
| Trade receivables40 | - | - | €48k | €29k | €31k | ▲ 6.1% |
| Other amounts receivable41 | - | - | - | €787 | €15k | ▲ 1,863% |
| Current investments50/53 | €183k | €183k | €183k | €183k | €183k | = |
| Cash at bank and in hand54/58 | €16k | €68k | €36k | €108k | €146k | ▲ 35.3% |
| Deferred charges and accrued income490/1 | - | €4k | €4k | €4k | €2k | ▼ 53.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €227k | €275k | €286k | €346k | €403k | ▲ 16.3% |
| Equity10/15 | €141k | €191k | €267k | €314k | €378k | ▲ 20.4% |
| Contributions10/11 | - | €9k | €9k | €0 | - | - |
| Reserves13 | €185k | €185k | €185k | €240k | €304k | ▲ 26.7% |
| Non-distributable reserves130/1 | - | €185k | €185k | €183k | €183k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Own shares acquired1312 | - | €183k | €183k | €183k | €183k | = |
| Distributable reserves133 | - | - | - | €57k | €121k | ▲ 112% |
| Profit (loss) carried forward14 | €-52k | €-3k | €74k | €74k | €74k | = |
| Amounts payable17/49 | €86k | €84k | €19k | €32k | €25k | ▼ 23.7% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €86k | €84k | €19k | €32k | €25k | ▼ 23.7% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Trade debts44 | €4k | €5k | €4k | €4k | €750 | ▼ 83.2% |
| Suppliers440/4 | - | €5k | €4k | €4k | €750 | ▼ 83.2% |
| Taxes, remuneration and social security45 | - | €6k | €8k | €27k | €22k | ▼ 16.3% |
| Taxes450/3 | - | €6k | €8k | €27k | €22k | ▼ 16.3% |
| Other amounts payable47/48 | - | €73k | €7k | €1k | €1k | ▲ 41.5% |
| Accrued charges and deferred income492/3 | - | €250 | €0 | €19 | €35 | ▲ 87.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €50k | €76k | €57k | €64k | ▲ 12.1% |
| + Depreciation and write-downs630 | €14k | €6k | €6k | €11k | €9k | ▼ 14.2% |
| Operating cash flow (approximation) | €41k | €56k | €82k | €68k | €74k | ▲ 7.8% |
| Investment in fixed assets (approximation) | - | €-1k | €-2k | €-16k | €-14k | ▲ 16.5% |
| Change in cash | - | €52k | €-33k | €72k | €38k | ▼ 47.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €76k ▲54.2%
Net result €76k, the highest in the series.
31-12
Financial
Liquidity times 5current ratio 13.96
Current ratio from 3.04 to 13.96; short-term debt falls from €84k to €19k.
31-12
Financial
Equity above €200kEq €267k ▲40.1%
3 profitable years in a row build equity to €267k.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
31-12
Financial
Equity above €150kEq €191k ▲35.2%
2 profitable years in a row build equity to €191k.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 69 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-823
Net result drops to €-823, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2005
Ground area
7,303 m²
Building footprint
247 m²
Volume, LiDAR
1,416 m³
Parcel 25066A0055/00X000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Bio Solution SPRL
since 20052.148.092.813
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25066A0055/00X000 | Wallonia | 7,303 m² | 1 · 247 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 36,727 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.