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BIONOVA

Active
Public limited companyfounded 199630 yrs activeKruisstraat 59, 9930 Lievegem, BelgiumKBO/BCE: BE 0458.509.397
Summary

BIONOVA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €388,485 and a net result of €24,009. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 28% of 142 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability57▲+10
Solvency56▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.29 in 2023; short-term debt: 47.3% and cash: 0.5% of total assets), and 68.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
1 d early
2023
31 d late
2022
39 d early
2021
26 d early
2020
33 d early
2019
10 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 June 1996, BIONOVA was incorporated.1 Total assets went from EUR 1.4 million in 2018 to EUR 1.2 million in 2024 and headcount from 2.9 to 2.8 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€388,485▲ 6.6%
2023 · €364,476
Total assets
€1.2m▲ 9.0%
2023 · €1.1m
Net result
€24,009▲ 249%
2023 · €6,879
Working capital
€87,655▼ 33.2%
2023 · €131,123
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€144,962▲ 256%€152,574▲ 5.3%€25,787▼ 83.1%€43,405▲ 68.3%€98,437▲ 127%
Net result€95,655within the sector's middle half▲ 581%€97,934within the sector's middle half▲ 2.4%€9,876within the sector's middle half▼ 89.9%€6,879within the sector's middle half▼ 30.3%€24,009within the sector's middle half▲ 249%
Equity€499,787within the sector's middle half▲ 23.7%€347,721within the sector's middle half▼ 30.4%€357,597within the sector's middle half▲ 2.8%€364,476within the sector's middle half▲ 1.9%€388,485within the sector's middle half▲ 6.6%
Total assets€1.3mwithin the sector's middle half▲ 4.7%€1.0mwithin the sector's middle half▼ 18.3%€1.0mwithin the sector's middle half▼ 2.2%€1.1mwithin the sector's middle half▲ 11.4%€1.2mwithin the sector's middle half▲ 9.0%
Debt€785,508▼ 4.6%€701,992▼ 10.6%€668,641▼ 4.8%€779,053▲ 16.5%€857,415▲ 10.1%
Working capital€269,276within the sector's middle half▲ 35.8%€216,028within the sector's middle half▼ 19.8%€144,058within the sector's middle half▼ 33.3%€131,123within the sector's middle half▼ 9.0%€87,655within the sector's middle half▼ 33.2%
Solvency38.9%within the sector's middle half▲ 6.0pp33.1%within the sector's middle half▼ 5.8pp34.8%within the sector's middle half▲ 1.7pp31.9%within the sector's middle half▼ 3.0pp31.2%within the sector's middle half▼ 0.7pp
Current ratio3.00within the sector's middle half▲ 0.151.66within the sector's middle half▼ 1.341.44within the sector's middle half▼ 0.211.29within the sector's middle half▼ 0.151.15below the sector's middle half▼ 0.14
Return on assets (ROA)7.4%within the sector's middle half▲ 6.3pp9.3%within the sector's middle half▲ 1.9pp1.0%within the sector's middle half▼ 8.4pp0.6%within the sector's middle half▼ 0.4pp1.9%within the sector's middle half▲ 1.3pp
Staff (FTE)3within the sector's middle half=2.9within the sector's middle half2.8within the sector's middle half▼ 3.4%
above within below the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2020: €144,962€144,962Net result 2020: €95,655€95,655Operating result 2021: €152,574€152,574Net result 2021: €97,934€97,934Operating result 2022: €25,787€25,787Net result 2022: €9,876€9,876Operating result 2023: €43,405€43,405Net result 2023: €6,879€6,879Operating result 2024: €98,437€98,437Net result 2024: €24,009€24,00920202021202220232024€0€25,000€50,000€75,000€100,000Operating result 2022: €25,787€25,800Net result 2022: €9,876€9,880Operating result 2023: €43,405€43,400Net result 2023: €6,879€6,880Operating result 2024: €98,437€98,400Net result 2024: €24,009€24,000202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 127% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets €569,173 ▲ 0.9%
Current assets €676,727 ▲ 16.8%
Equity and liabilities €1.2m
Equity €388,485 ▲ 6.6%
Debt €857,415 ▲ 10.1%
Debt's share of the balance-sheet total rises from 68.1% to 68.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€151,180▲
2023 · €85,799
Cash flow
€76,752▲
2023 · €49,273
Quick ratio
0.90▲
2023 · 0.81
Debt to equity
2.21▲
2023 · 2.14
ROE
6.2%▲
2023 · 1.9%
Interest coverage
4.28▲
2023 · 3.29
Debt ≤ 1 year
€589,072▲
2023 · €448,272
Debt > 1 year
€268,343▼
2023 · €330,781
Income taxes
€39,114▲
2023 · €10,782
Staff costs
€211,899▼
2023 · €215,353
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.2m▲
Fixed assets21/28€564,133€569,173▲
Intangible fixed assets21€28,701€49,452▲
Tangible fixed assets22/27€532,622€516,911▼
Land and buildings22€452,417€446,210▼
Plant, machinery and equipment23€78,592€69,573▼
Furniture and vehicles24€1,613€1,128▼
Financial fixed assets28€2,810€2,810=
Current assets29/58€579,396€676,727▲
Stocks and contracts in progress3€214,499€148,031▼
Stocks30/36€214,499€148,031▼
Amounts receivable within one year40/41€336,862€505,256▲
Trade receivables40€259,739€267,686▲
Other amounts receivable41€77,122€237,570▲
Cash at bank and in hand54/58€9,276€6,379▼
Deferred charges and accrued income490/1€18,760€17,061▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲
Equity10/15€364,476€388,485▲
Contributions10/11€80,600€80,600=
Capital10€80,600€80,600=
Issued capital100€80,600€80,600=
Reserves13€267,121€291,130▲
Non-distributable reserves130/1€8,060€8,060=
Legal reserve130€8,060€8,060=
Distributable reserves133€259,061€283,070▲
Profit (loss) carried forward14€16,755€16,755=
Amounts payable17/49€779,053€857,415▲
Amounts payable after more than one year17€330,781€268,343▼
Financial debts170/4€330,781€268,343▼
Amounts payable within one year42/48€448,272€589,072▲
Current portion of amounts payable after more than one year42€75,972€81,675▲
Financial debts43€70,680€66,017▼
Credit institutions430/8€70,680€66,017▼
Trade debts44€159,638€294,998▲
Suppliers440/4€159,638€294,998▲
Taxes, remuneration and social security45€22,188€56,135▲
Taxes450/3-€39,114
Remuneration and social security454/9€22,188€17,021▼
Other amounts payable47/48€119,794€90,248▼
Income statement Code20232024
Remuneration, social security and pensions62€215,353€211,899▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,394€52,743▲
Other operating charges640/8€4,464€7,097▲
Gross operating margin9900€305,616€370,176▲
Operating profit (loss)9901€43,405€98,437▲
Financial income75/76B€315€1▼
Recurring financial income75€0€1▲
Non-recurring financial income76B€315-
Financial charges65/66B€26,059€35,315▲
Recurring financial charges65€26,059€35,315▲
Profit (loss) for the period before taxes9903€17,661€63,123▲
Income taxes67/77€10,782€39,114▲
Profit (loss) for the period9904€6,879€24,009▲
Profit (loss) for the period to be appropriated9905€6,879€24,009▲
Appropriation of the result
Profit (loss) to be appropriated9906€16,755€40,764▲
Profit (loss) brought forward from the previous period14P€9,876€16,755▲
Transfer to equity691/2-€24,009
To other reserves6921-€24,009
Social balance
Average headcount (FTE)90872.92.8▼

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€11,005€1,823---
Remuneration, social security and pensions62-€172,546€218,001€215,353€211,899▼ 1.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,555€26,052€30,329€42,394€52,743▲ 24.4%
Other operating charges640/8-€650€6,792€4,464€7,097▲ 59.0%
Non-recurring operating charges66A-€29,625€5,747---
Gross operating margin9900€366,291€381,447€286,656€305,616€370,176▲ 21.1%
Operating profit (loss)9901€144,962€152,574€25,787€43,405€98,437▲ 127%
Financial income75/76B-€7€2,347€315€1▼ 99.7%
Recurring financial income75€130€7€2,347€0€1▲ 2,350%
Non-recurring financial income76B---€315--
Financial charges65/66B-€19,685€18,205€26,059€35,315▲ 35.5%
Recurring financial charges65€22,758€19,685€18,205€26,059€35,315▲ 35.5%
Non-recurring financial charges66B-€0----
Profit (loss) for the period before taxes9903€121,632€132,896€9,929€17,661€63,123▲ 257%
Income taxes67/77€25,976€34,962€53€10,782€39,114▲ 263%
Profit (loss) for the period9904€95,655€97,934€9,876€6,879€24,009▲ 249%
Profit (loss) for the period to be appropriated9905€95,655€97,934€9,876€6,879€24,009▲ 249%
Line20202021202220232024Change
Assets
Total assets20/58€1.3m€1.0m€1.0m€1.1m€1.2m▲ 9.0%
Fixed assets21/28€881,286€504,227€557,497€564,133€569,173▲ 0.9%
Intangible fixed assets21€11,339€12,171€11,644€28,701€49,452▲ 72.3%
Tangible fixed assets22/27€867,637€489,246€543,043€532,622€516,911▼ 2.9%
Land and buildings22-€489,246€473,257€452,417€446,210▼ 1.4%
Plant, machinery and equipment23-€0€67,683€78,592€69,573▼ 11.5%
Furniture and vehicles24-€0€2,103€1,613€1,128▼ 30.1%
Financial fixed assets28€2,310€2,810€2,810€2,810€2,810=
Current assets29/58€404,009€545,486€468,741€579,396€676,727▲ 16.8%
Stocks and contracts in progress3€93,889€120,346€160,999€214,499€148,031▼ 31.0%
Stocks30/36-€120,346€160,999€214,499€148,031▼ 31.0%
Amounts receivable within one year40/41€71,042€113,232€290,884€336,862€505,256▲ 50.0%
Trade receivables40-€86,480€174,801€259,739€267,686▲ 3.1%
Other amounts receivable41-€26,753€116,083€77,122€237,570▲ 208%
Cash at bank and in hand54/58€232,092€308,484€14,692€9,276€6,379▼ 31.2%
Deferred charges and accrued income490/1-€3,424€2,167€18,760€17,061▼ 9.1%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.0m€1.0m€1.1m€1.2m▲ 9.0%
Equity10/15€499,787€347,721€357,597€364,476€388,485▲ 6.6%
Contributions10/11€80,600€80,600€80,600€80,600€80,600=
Capital10-€80,600€80,600€80,600€80,600=
Issued capital100-€80,600€80,600€80,600€80,600=
Reserves13€419,187€267,121€267,121€267,121€291,130▲ 9.0%
Non-distributable reserves130/1-€8,060€8,060€8,060€8,060=
Legal reserve130-€8,060€8,060€8,060€8,060=
Distributable reserves133-€259,061€259,061€259,061€283,070▲ 9.3%
Profit (loss) carried forward14-€0€9,876€16,755€16,755=
Amounts payable17/49€785,508€701,992€668,641€779,053€857,415▲ 10.1%
Amounts payable after more than one year17€650,775€372,533€343,958€330,781€268,343▼ 18.9%
Financial debts170/4-€372,533€343,958€330,781€268,343▼ 18.9%
Amounts payable within one year42/48€134,733€329,459€324,683€448,272€589,072▲ 31.4%
Current portion of amounts payable after more than one year42-€43,609€58,186€75,972€81,675▲ 7.5%
Financial debts43-€0€10,500€70,680€66,017▼ 6.6%
Credit institutions430/8-€0€10,500€70,680€66,017▼ 6.6%
Trade debts44€6,417€20,319€117,188€159,638€294,998▲ 84.8%
Suppliers440/4-€20,319€117,188€159,638€294,998▲ 84.8%
Taxes, remuneration and social security45-€14,597€20,015€22,188€56,135▲ 153%
Taxes450/3-€161€0-€39,114-
Remuneration and social security454/9-€14,436€20,015€22,188€17,021▼ 23.3%
Other amounts payable47/48-€250,933€118,794€119,794€90,248▼ 24.7%
Line20202021202220232024Change
Profit (loss) for the period9904€95,655€97,934€9,876€6,879€24,009▲ 249%
+ Depreciation and write-downs630€45,555€26,052€30,329€42,394€52,743▲ 24.4%
Operating cash flow (approximation)€141,210€123,986€40,204€49,273€76,752▲ 55.8%
Investment in fixed assets (approximation)-€351,007-€83,599-€49,031-€57,782▼ 17.8%
Change in cash-€76,392-€293,793-€5,416-€2,897▲ 46.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €97,934 ▲2.4%
Operating result €152,574, net result €97,934, both a record.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
31-12
Financial Back to profitnet €14,039
Net result €14,039 after one loss-making year.
12-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
11 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, Lievegem · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
1,384 m²
Building footprint
732 m²
Volume, LiDAR
5,162 m³
Parcel 44080B0011/00W000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Bionova
Kruisstraat 59, 9930 LievegemManufacture of chemicals and chemical products
since 20152.248.051.907
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44080B0011/00W000 Flanders 1,384 m² 1 · 732 m² 7.8 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. ABSA Holding 100%
  2. BIONOVA

Highest known parent: ABSA Holding. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 4 entries · 16,330 EUR awarded · 16,330 EUR paid
Year Entries awardedpaid
2025 2 -33,670 EUR3,830 EUR
2024 1 0 EUR12,500 EUR
2023 1 50,000 EUR0 EUR
Schemes
4 entries · 16,330 EUR · 16,330 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 88 companies in sector 20412 we hold annual accounts for 57. 32 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded27-06-1996
Fiscal year end31-12
Activities, NACEBEL 2025
20412Manufacture of chemicals and chemical products
20411Manufacture of chemicals and chemical products
46496Wholesale trade
47279Other retail sale of food
47639Retail sale of other sporting goods
Contact
Website www.biomix.euLievegem
E-mail kelly@bionova.beLievegem
Phone 09/279 22 33Lievegem
Fax 09/279 22 11Lievegem
E-invoicing
Reachable via Peppol
Peppol ID 0208:0458509397
Registered 22-05-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.