Biosa
ActiveSummary
Biosa has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-441k) and a net result of €-35k. Equity is shrinking by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 1696 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability53▲+50
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.46 in 2023; short-term debt: 99.7% and cash: 4.7% of total assets), and equity is negative.
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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-61.9%
Return on assets
-5%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-441k
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 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
8 d early
2022
32 d early
2021
10 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-441k▼ 8.8%
2023 · €-405k
2018: €-91khighest in 7 years
2019: €-128k▼ -40.1% vs 2018
2020: €-323k▼ -152% vs 2019
2021: €-280k▲ +13.1% vs 2020
2022: €-277k▲ +1.0% vs 2021
2023: €-405k▼ -46.1% vs 2022
2024: €-441k▼ -8.8% vs 2023lowest in 7 years
2018 → 2024
Total assets
€712k▼ 31.3%
2023 · €1.04M
2018: €183klowest in 7 years
2019: €378k▲ +107% vs 2018
2020: €751k▲ +98.4% vs 2019
2021: €1.09M▲ +44.5% vs 2020
2022: €1.09M▲ +0.3% vs 2021highest in 7 years
2023: €1.04M▼ -4.8% vs 2022
2024: €712k▼ -31.3% vs 2023
2018 → 2024
Net result
€-35k▲ 72.3%
2023 · €-128k
2018: €18k
2019: €-37k▼ -309% vs 2018
2020: €-195k▼ -431% vs 2019lowest in 7 years
2021: €42k▲ +122% vs 2020highest in 7 years
2022: €3k▼ -93.2% vs 2021
2023: €-128k▼ -4556% vs 2022
2024: €-35k▲ +72.3% vs 2023
2018 → 2024
Working capital
€-529k▼ 4.0%
2023 · €-509k
2018: €-88khighest in 7 years
2019: €-136k▼ -53.3% vs 2018
2020: €-370k▼ -173% vs 2019
2021: €-308k▲ +16.7% vs 2020
2022: €-331k▼ -7.4% vs 2021
2023: €-509k▼ -54.0% vs 2022
2024: €-529k▼ -4.0% vs 2023lowest 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€-323k-€-280k▲ 13.1%€-277k▲ 1.0%€-405k▼ 46.1%€-441k▼ 8.8%
2020: €-323k
2021: €-280k▲ +13.1% vs 2020
2022: €-277k▲ +1.0% vs 2021highest in 5 years
2023: €-405k▼ -46.1% vs 2022
2024: €-441k▼ -8.8% vs 2023lowest in 5 years
Operating result€-188k-€51k€12k▼ 77.4%€-120k€-27k▲ 77.7%
2020: €-188klowest in 5 years
2021: €51k▲ +127% vs 2020highest in 5 years
2022: €12k▼ -77.4% vs 2021
2023: €-120k▼ -1136% vs 2022
2024: €-27k▲ +77.7% vs 2023
Net result€-195k-€42k€3k▼ 93.2%€-128k€-35k▲ 72.3%
2020: €-195klowest in 5 years
2021: €42k▲ +122% vs 2020highest in 5 years
2022: €3k▼ -93.2% vs 2021
2023: €-128k▼ -4556% vs 2022
2024: €-35k▲ +72.3% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27k in 2024 against €120k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €712k
Fixed assets
€532k ▼ 11.1%
Current assets
€180k ▼ 58.9%
Key figures and ratios
EBITDA
€40k▲
2023 · €-55k
Cash flow
€31k▲
2023 · €-64k
Solvency
-61.9%▼
2023 · -39.1%
Current ratio
0.25▼
2023 · 0.46
Debt to equity
-2.62▲
2023 · -3.56
ROA
-5.0%▲
2023 · -12.3%
Interest coverage
4.91▲
2023 · -6.67
Debt
€1.15M▼
2023 · €1.44M
Debt ≤ 1 year
€710k▼
2023 · €948k
Debt > 1 year
€443k▼
2023 · €494k
Income taxes
€881
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 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.04M€712k▼
Fixed assets21/28€598k€532k▼
Tangible fixed assets22/27€598k€531k▼
Land and buildings22€515k€463k▼
Plant, machinery and equipment23€83k€68k▼
Financial fixed assets28€500€500=
Current assets29/58€438k€180k▼
Amounts receivable within one year40/41€356k€124k▼
Trade receivables40€356k€119k▼
Other amounts receivable41€239€5k▲
Cash at bank and in hand54/58€26k€33k▲
Deferred charges and accrued income490/1€56k€23k▼
Equity and liabilities
Total equity and liabilities10/49€1.04M€712k▼
Equity10/15€-405k€-441k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-424k€-459k▼
Amounts payable17/49€1.44M€1.15M▼
Amounts payable after more than one year17€494k€443k▼
Financial debts170/4€494k€443k▼
Amounts payable within one year42/48€948k€710k▼
Current portion of amounts payable after more than one year42€50k€51k▲
Trade debts44€736k€448k▼
Suppliers440/4€736k€448k▼
Taxes, remuneration and social security45€10k€0▼
Taxes450/3€10k€0▼
Other amounts payable47/48€152k€211k▲
Income statement
Code20232024
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€66k▲
Other operating charges640/8€1k€6k▲
Gross operating margin9900€-54k€46k▲
Operating profit (loss)9901€-120k€-27k▲
Financial income75/76B€1€135▲
Recurring financial income75€1€135▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€-128k€-35k▲
Income taxes67/77-€881
Profit (loss) for the period9904€-128k€-35k▲
Profit (loss) for the period to be appropriated9905€-128k€-35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-424k€-459k▼
Profit (loss) brought forward from the previous period14P€-296k€-424k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (18 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48k | €64k | €66k | €64k | €66k | ▲ 3.1% |
| Other operating charges640/8 | - | €589 | €2k | €1k | €6k | ▲ 502% |
| Gross operating margin9900 | €-134k | €116k | €79k | €-54k | €46k | ▲ 184% |
| Operating profit (loss)9901 | €-188k | €51k | €12k | €-120k | €-27k | ▲ 77.7% |
| Financial income75/76B | - | €1 | €1 | €1 | €135 | ▲ 20,355% |
| Recurring financial income75 | €176 | €1 | €1 | €1 | €135 | ▲ 20,355% |
| Financial charges65/66B | - | €9k | €9k | €8k | €8k | ▼ 2.9% |
| Recurring financial charges65 | €7k | €9k | €9k | €8k | €8k | ▼ 2.9% |
| Profit (loss) for the period before taxes9903 | €-195k | €42k | €3k | €-128k | €-35k | ▲ 72.9% |
| Income taxes67/77 | - | - | - | - | €881 | - |
| Profit (loss) for the period9904 | €-195k | €42k | €3k | €-128k | €-35k | ▲ 72.3% |
| Profit (loss) for the period to be appropriated9905 | €-195k | €42k | €3k | €-128k | €-35k | ▲ 72.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €751k | €1.09M | €1.09M | €1.04M | €712k | ▼ 31.3% |
| Fixed assets21/28 | €667k | €622k | €598k | €598k | €532k | ▼ 11.1% |
| Tangible fixed assets22/27 | €667k | €621k | €597k | €598k | €531k | ▼ 11.1% |
| Land and buildings22 | - | €575k | €567k | €515k | €463k | ▼ 10.0% |
| Plant, machinery and equipment23 | - | €46k | €30k | €83k | €68k | ▼ 17.6% |
| Financial fixed assets28 | - | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €84k | €464k | €491k | €438k | €180k | ▼ 58.9% |
| Amounts receivable within one year40/41 | €29k | €199k | €239k | €356k | €124k | ▼ 65.2% |
| Trade receivables40 | - | €199k | €239k | €356k | €119k | ▼ 66.7% |
| Other amounts receivable41 | - | - | - | €239 | €5k | ▲ 2,114% |
| Cash at bank and in hand54/58 | €55k | €195k | €157k | €26k | €33k | ▲ 28.9% |
| Deferred charges and accrued income490/1 | - | €69k | €95k | €56k | €23k | ▼ 58.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €751k | €1.09M | €1.09M | €1.04M | €712k | ▼ 31.3% |
| Equity10/15 | €-323k | €-280k | €-277k | €-405k | €-441k | ▼ 8.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-341k | €-299k | €-296k | €-424k | €-459k | ▼ 8.4% |
| Amounts payable17/49 | €1.07M | €1.37M | €1.37M | €1.44M | €1.15M | ▼ 20.0% |
| Amounts payable after more than one year17 | €620k | €594k | €544k | €494k | €443k | ▼ 10.3% |
| Financial debts170/4 | - | €594k | €544k | €494k | €443k | ▼ 10.3% |
| Amounts payable within one year42/48 | €453k | €772k | €822k | €948k | €710k | ▼ 25.1% |
| Current portion of amounts payable after more than one year42 | - | €26k | €49k | €50k | €51k | ▲ 1.4% |
| Trade debts44 | €376k | €597k | €613k | €736k | €448k | ▼ 39.1% |
| Suppliers440/4 | - | €597k | €613k | €736k | €448k | ▼ 39.1% |
| Taxes, remuneration and social security45 | - | €4k | €14k | €10k | €0 | ▼ 100% |
| Taxes450/3 | - | €4k | €14k | €10k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €145k | €145k | €152k | €211k | ▲ 39.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-195k | €42k | €3k | €-128k | €-35k | ▲ 72.3% |
| + Depreciation and write-downs630 | €48k | €64k | €66k | €64k | €66k | ▲ 3.1% |
| Operating cash flow (approximation) | €-147k | €106k | €69k | €-64k | €31k | ▲ 148% |
| Investment in fixed assets (approximation) | - | €-19k | €-42k | €-65k | €0 | ▲ 100% |
| Change in cash | - | €141k | €-38k | €-132k | €7k | ▲ 106% |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
31-12
Financial
Back to profitnet €42k
Net result €42k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-195k
Net result drops to €-195k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 13 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
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 4 acts read
About the unread acts
We know of 4 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
4 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, Tienen · 1 establishment unit since 2008
Ground area
363 m²
Building footprint
125 m²
Volume, LiDAR
838 m³
Parcel 24035A0260/00V000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Biosa
since 20082.174.433.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24035A0260/00V000 | Flanders | 363 m² | 1 · 125 m² | 10.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 13 entries · 180,405 EUR awarded · 180,405 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 29,704 EUR | 29,704 EUR |
| 2024 | 2 | 30,388 EUR | 30,388 EUR |
| 2023 | 5 | 74,317 EUR | 74,317 EUR |
| 2022 | 2 | 45,996 EUR | 45,996 EUR |
Schemes
Brede weersverzekering
Subsidie voor de verwarringstechniek in de fruitteelt
Niet-productieve investeringssteun land- en tuinbouwers
Hectaresteun voor de toepassing van de biologische productiemethode
Subsidie voor controlekosten voor de biologische landbouw
Recognitions · licences · registrations
Food safety, FASFC
1 siteTienen2.174.433.756
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 5,168 companies in sector 01110 we hold annual accounts for 613. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
01110Growing of cereals (except rice), leguminous crops and oil seeds
01210Crop and animal production, hunting and related service activities
01130Growing of vegetables, melons, roots and tubers
01240Growing of pome and stone fruits
01610Support activities for crop production
46319Wholesale of fruit and vegetables, excluding potatoes
47210Retail sale of fruit and vegetables
Scores and ratios are computed by Checked and are not a credit decision.