BIOCO
InactiveBIOCO was declared bankrupt on 09-01-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 06-01-2026, published in the Belgian State Gazette on 14-01-2026.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
30-06-2023 close31-01-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 31-01-2023, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
on the day
2021
4 d early
2020
25 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€-359k
2021 · €94k
2019: €34k
2020: €81k
2021: €94k
2019 → 2022
Total assets
€1.21M▲ 4.9%
2021 · €1.16M
2019: €211k
2020: €357k
2021: €1.16M
2019 → 2022
Net result
€-452k
2021 · €13k
2019: €-25k
2020: €-23k
2021: €13k
2019 → 2022
Working capital
€-93k
2021 · €152k
2019: €41k
2020: €29k
2021: €152k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€34k-€81k▲ 139%€94k▲ 15.6%€-359k
Operating result€-25k-€-20k▲ 19.2%€20k€-439k
Net result€-25k-€-23k▲ 9.1%€13k€-452k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €439k after €20k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.21M
Fixed assets
€585k ▲ 92.3%
Current assets
€627k ▼ 26.3%
Key figures and ratios
EBITDA
€-399k▼
2021 · €41k
Cash flow
€-412k▼
2021 · €34k
Solvency
-29.6%▼
2021 · 8.1%
Current ratio
0.87▼
2021 · 1.22
Quick ratio
0.53▼
2021 · 0.81
Debt to equity
-4.38▼
2021 · 3.87
ROA
-37.3%▼
2021 · 1.1%
Interest coverage
-25.80
Debt
€1.57M▲
2021 · €1.06M
Debt ≤ 1 year
€720k▲
2021 · €699k
Debt > 1 year
€848k▲
2021 · €362k
Income taxes
€347
Staff costs
€360k
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 · 2022 against 2021 · 55 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.16M€1.21M▲
Formation expenses20€51-
Fixed assets21/28€304k€585k▲
Intangible fixed assets21€58k€46k▼
Tangible fixed assets22/27€242k€534k▲
Land and buildings22-€492k
Plant, machinery and equipment23-€40k
Furniture and vehicles24-€3k
Financial fixed assets28€4k€4k=
Current assets29/58€851k€627k▼
Stocks and contracts in progress3€288k€244k▼
Stocks30/36-€244k
Amounts receivable within one year40/41€466k€368k▼
Trade receivables40-€364k
Other amounts receivable41-€4k
Current investments50/53€1-
Cash at bank and in hand54/58€96k€12k▼
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.21M▲
Equity10/15€94k€-359k▼
Contributions10/11-€170k
Profit (loss) carried forward14€-76k€-529k▼
Amounts payable17/49€1.06M€1.57M▲
Amounts payable after more than one year17€362k€848k▲
Financial debts170/4-€648k
Other amounts payable178/9-€200k
Amounts payable within one year42/48€699k€720k▲
Current portion of amounts payable after more than one year42-€55k
Financial debts43-€159k
Credit institutions430/8-€159k
Trade debts44€445k€401k▼
Suppliers440/4-€401k
Taxes, remuneration and social security45-€39k
Taxes450/3-€16k
Remuneration and social security454/9-€23k
Other amounts payable47/48-€66k
Accrued charges and deferred income492/3-€2k
Income statement
Code20212022
Remuneration, social security and pensions62-€360k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€40k▲
Other operating charges640/8-€5k
Gross operating margin9900€161k€-35k▼
Operating profit (loss)9901€20k€-439k▼
Financial income75/76B-€3k
Recurring financial income75-€3k
Non-recurring financial income76B-€3k
Financial charges65/66B-€15k
Recurring financial charges65-€15k
Non-recurring financial charges66B-€15k
Profit (loss) for the period before taxes9903€13k€-452k▼
Income taxes67/77-€347
Profit (loss) for the period9904€13k€-452k▼
Profit (loss) for the period to be appropriated9905€13k€-452k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-529k
Profit (loss) brought forward from the previous period14P-€-76k
Social balance
Average headcount (FTE)9087-9.2
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
14-01
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · BIOCO BV DE KERCHOVE D’EXAERDESTRAAT(OCT) 156, 1501 HALLE · event 06-01-2026
2024
15-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BIOCO BV DE KERCHOVE D’EXAERDESTRAAT(OCT) 156, 1501- HALLE · event 09-01-2024
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €-452k ▼3678%
Net result drops to €-452k, the lowest in the series.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
06-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Ilse VAN DE MIEROP WOLSTRAAT 68-70,
1000 BRUSSEL 1 |
09-01-2024 → 06-01-2026 |