BIOSOFT
Open bankruptcyFinancials · financial year 2023, micro format
2023 annual accounts filed 440 days after the deadline Filed on 14 October 2025, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2025-00542525.
Annual accounts 2023 filed on 14-10-2025 PDF all 11 filings
Turnover
≈ €220,000
Estimated: probably between €140,000 and €370,000
Total assets
€148,438▲ 46.1%
2022 · €101,577
Net result
€223▲ 11×
2022 · €20
Working capital
-€6,656
2022 · €36,712
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result for 2023 is 22% lower than in 2022. It is the second fall in a row.
Operating result€945
2023
Net result€223
2023
Total assets€148,438
2023
Equity€43,038
2023
Debt€105,401
2023
Working capital-€6,656
2023
Staff (FTE)1.1
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€38,423--€10,957€12,025€17,205▲ 43.1%€1,212▼ 93.0%€945▼ 22.0%
Net result€38,001--€17,811€8,869€16,808▲ 89.5%€20▼ 99.9%€223▲ 11×
Equity€34,928-€17,118▼ 51.0%€25,987▲ 51.8%€42,795▲ 64.7%€42,815=€43,038▲ 0.5%
Total assets€40,535-€31,209▼ 23.0%€27,297▼ 12.5%€122,077▲ 347%€101,577▼ 16.8%€148,438▲ 46.1%
Debt€5,607-€14,091▲ 151%€1,310▼ 90.7%€79,283▲ 61×€58,762▼ 25.9%€105,401▲ 79.4%
Working capital€28,928-€14,118▼ 51.2%€25,987▲ 84.1%€37,236▲ 43.3%€36,712▼ 1.4%-€6,656
Staff (FTE)1.11.1=
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €148,438
Fixed assets
€49,693 ▲ 714%
Current assets
€98,745 ▲ 3.4%
Equity and liabilities €148,438
Equity
€43,038 ▲ 0.5%
Debt
€105,401 ▲ 79.4%
Debt's share of the balance-sheet total rises from 57.9% to 71.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15,775▲
2022 · €3,603
Cash flow
€15,053▲
2022 · €2,411
Current ratio
0.94▼
2022 · 1.62
Debt to equity
2.45▲
2022 · 1.37
ROE
0.5%▲
2022 · 0.0%
ROA
0.2%▲
2022 · 0.0%
Interest coverage
24.37▲
2022 · 3.02
Debt ≤ 1 year
€105,401▲
2022 · €58,762
Income taxes
€74
Staff costs
€55,473▲
2022 · €20,744
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | 2 | 2 |
| part-time | 2 | 2 |
| in full-time equivalents | 0.8 | 0.8 |
| Average over the year, in full-time equivalents | 1.1 | 1.1 |
| On a permanent contract | 2 | 2 |
| Joined | 2 | 2 |
| Left | 2 | 2 |
Source: social balance sheet in the 2022 to 2023 annual accounts
Investments
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €5,455 | €3,335 | €58,421 |
| Financial fixed assets | €400 | - | - |
| Depreciation and write-downs of the year | €296 | €2,391 | €14,830 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €20,744 | €55,473 | ▲ 167% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,783 | €3,000 | - | €296 | €2,391 | €14,830 | ▲ 520% |
| Other operating charges640/8 | - | - | - | €164 | €1,102 | €639 | ▼ 42.0% |
| Gross operating margin9900 | €43,901 | -€7,596 | €12,373 | €17,665 | €25,449 | €71,887 | ▲ 182% |
| Operating profit (loss)9901 | €38,423 | -€10,957 | €12,025 | €17,205 | €1,212 | €945 | ▼ 22.0% |
| Financial income75/76B | - | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €397 | €1,192 | €647 | ▼ 45.7% |
| Recurring financial charges65 | €422 | €182 | €156 | €397 | €1,192 | €647 | ▼ 45.7% |
| Profit (loss) for the period before taxes9903 | €38,001 | -€11,139 | €8,869 | €16,808 | €20 | €297 | ▲ 15× |
| Income taxes67/77 | - | €6,671 | - | - | - | €74 | - |
| Profit (loss) for the period9904 | €38,001 | -€17,811 | €8,869 | €16,808 | €20 | €223 | ▲ 11× |
| Profit (loss) for the period to be appropriated9905 | €38,001 | -€17,811 | €8,869 | €16,808 | €20 | €223 | ▲ 11× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €40,535 | €31,209 | €27,297 | €122,077 | €101,577 | €148,438 | ▲ 46.1% |
| Fixed assets21/28 | €6,000 | €3,000 | - | €5,559 | €6,102 | €49,693 | ▲ 714% |
| Tangible fixed assets22/27 | €6,000 | €3,000 | - | €5,159 | €6,102 | €49,693 | ▲ 714% |
| Plant, machinery and equipment23 | - | - | - | - | - | €385 | - |
| Furniture and vehicles24 | - | - | - | €5,159 | €6,102 | €49,308 | ▲ 708% |
| Financial fixed assets28 | - | - | - | €400 | - | - | - |
| Current assets29/58 | €34,535 | €28,209 | €27,297 | €116,519 | €95,474 | €98,745 | ▲ 3.4% |
| Amounts receivable within one year40/41 | €34,000 | €28,202 | €26,799 | €112,501 | €95,474 | €98,718 | ▲ 3.4% |
| Trade receivables40 | - | - | - | €110,502 | €94,382 | €91,210 | ▼ 3.4% |
| Other amounts receivable41 | - | - | - | €1,999 | €1,092 | €7,508 | ▲ 587% |
| Cash at bank and in hand54/58 | €535 | €7 | €497 | €3,831 | - | €27 | - |
| Deferred charges and accrued income490/1 | - | - | - | €186 | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €40,535 | €31,209 | €27,297 | €122,077 | €101,577 | €148,438 | ▲ 46.1% |
| Equity10/15 | €34,928 | €17,118 | €25,987 | €42,795 | €42,815 | €43,038 | ▲ 0.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €14,468 | -€3,342 | €5,527 | €22,335 | €22,355 | €22,578 | ▲ 1.0% |
| Amounts payable17/49 | €5,607 | €14,091 | €1,310 | €79,283 | €58,762 | €105,401 | ▲ 79.4% |
| Amounts payable within one year42/48 | €5,607 | €14,091 | €1,310 | €79,283 | €58,762 | €105,401 | ▲ 79.4% |
| Financial debts43 | - | - | - | - | €6 | €9,988 | ▲ 1,803× |
| Credit institutions430/8 | - | - | - | - | €6 | €9,988 | ▲ 1,803× |
| Trade debts44 | €567 | €7,373 | €817 | €76,849 | €46,640 | €85,959 | ▲ 84.3% |
| Suppliers440/4 | - | - | - | €76,849 | €46,640 | €85,959 | ▲ 84.3% |
| Taxes, remuneration and social security45 | - | - | - | - | €11,944 | €253 | ▼ 97.9% |
| Taxes450/3 | - | - | - | - | €7,858 | €253 | ▼ 96.8% |
| Remuneration and social security454/9 | - | - | - | - | €4,086 | - | - |
| Other amounts payable47/48 | - | - | - | €2,433 | €173 | €9,201 | ▲ 53× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,001 | -€17,811 | €8,869 | €16,808 | €20 | €223 | ▲ 11× |
| + Depreciation and write-downs630 | €4,783 | €3,000 | - | €296 | €2,391 | €14,830 | ▲ 520% |
| Operating cash flow (approximation) | €42,785 | -€14,811 | €8,869 | €17,104 | €2,411 | €15,053 | ▲ 524% |
| Investment in fixed assets (approximation) | - | €0 | - | - | -€2,935 | -€58,421 | ▼ 1,891% |
| Change in cash | - | -€528 | €490 | €3,334 | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 14-10-2025 | 2025-00542525 | |
| 31-12-2022 | micro format | 29-09-2023 | 2023-00461688 | |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20081728 | |
| 31-12-2020 | micro format | 22-06-2021 | 2021-23200401 | |
| 31-12-2019 | micro format | 13-10-2020 | 2020-60900455 | |
| 31-12-2018 | micro format | 10-07-2019 | 2019-31000103 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61200053 | |
| 31-12-2016 | micro format | 13-07-2017 | 2017-31200119 | |
| 31-12-2015 | full format | 27-09-2016 | 2016-63700041 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-57600291 |