BIOSTORY
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-21k
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
2 d early
2023
5 d late
2022
10 d late
2021
3 d early
2020
31 d late
2019
31 d late
2018
20 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
€-21k▲ 84.0%
2023 · €-129k
2018: €39k
2019: €49k
2020: €136k
2021: €58k
2022: €-200k
2023: €-129k
2018 → 2024
Working capital
€96k▲ 15.0%
2023 · €84k
2018: €215k
2019: €261k
2020: €244k
2021: €326k
2022: €150k
2023: €84k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€426k-€484k▲ 13.7%€284k▼ 41.4%€154k▼ 45.7%€133k▼ 13.4%
Operating result€171k-€70k▼ 58.8%€-207k€-144k▲ 30.3%€-19k▲ 86.9%
Net result€136k-€58k▼ 57.0%€-200k€-129k▲ 35.4%€-21k▲ 84.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2024 against €144k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €487k
Fixed assets
€165k ▼ 21.3%
Current assets
€322k ▼ 36.5%
Equity and liabilities €487k
Equity
€133k ▼ 13.4%
Debt
€353k ▼ 37.1%
Debt's share of the balance-sheet total falls from 78.5% to 72.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€30k▲
2023 · €-93k
Cash flow
€28k▲
2023 · €-78k
Current ratio
1.43▲
2023 · 1.20
Quick ratio
0.60▼
2023 · 0.74
Debt to equity
2.65▼
2023 · 3.65
ROE
-15.5%▲
2023 · -84.1%
ROA
-4.3%▲
2023 · -18.1%
Interest coverage
1.28▲
2023 · -5.15
Debt ≤ 1 year
€225k▼
2023 · €423k
Debt > 1 year
€128k▼
2023 · €139k
Income taxes
€201▲
2023 · €0
Staff costs
€357k▼
2023 · €369k
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 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€716k€487k▼
Fixed assets21/28€210k€165k▼
Intangible fixed assets21€8k€6k▼
Tangible fixed assets22/27€186k€144k▼
Plant, machinery and equipment23€40k€34k▼
Furniture and vehicles24€26k€15k▼
Other tangible fixed assets26€121k€95k▼
Financial fixed assets28€16k€16k=
Current assets29/58€506k€322k▼
Stocks and contracts in progress3€192k€186k▼
Stocks30/36€192k€186k▼
Amounts receivable within one year40/41€261k€94k▼
Trade receivables40€19k€256▼
Other amounts receivable41€242k€94k▼
Cash at bank and in hand54/58€31k€36k▲
Deferred charges and accrued income490/1€23k€6k▼
Equity and liabilities
Total equity and liabilities10/49€716k€487k▼
Equity10/15€154k€133k▼
Contributions10/11€232k€232k=
Capital10€232k€232k=
Issued capital100€232k€232k=
Reserves13€23k€23k=
Non-distributable reserves130/1€23k€23k=
Legal reserve130€23k€23k=
Profit (loss) carried forward14€-101k€-122k▼
Amounts payable17/49€562k€353k▼
Amounts payable after more than one year17€139k€128k▼
Financial debts170/4€139k€128k▼
Amounts payable within one year42/48€423k€225k▼
Current portion of amounts payable after more than one year42€27k€28k▲
Trade debts44€351k€155k▼
Suppliers440/4€351k€155k▼
Taxes, remuneration and social security45€42k€39k▼
Taxes450/3€0€371▲
Remuneration and social security454/9€42k€39k▼
Other amounts payable47/48€2k€3k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€369k€357k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€48k▼
Other operating charges640/8€11k€14k▲
Gross operating margin9900€288k€400k▲
Operating profit (loss)9901€-144k€-19k▲
Financial income75/76B€32k€21k▼
Recurring financial income75€32k€21k▼
Financial charges65/66B€18k€23k▲
Recurring financial charges65€18k€23k▲
Profit (loss) for the period before taxes9903€-129k€-20k▲
Income taxes67/77€0€201▲
Profit (loss) for the period9904€-129k€-21k▲
Profit (loss) for the period to be appropriated9905€-129k€-21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-101k€-122k▼
Profit (loss) brought forward from the previous period14P€28k€-101k▼
Social balance
Average headcount (FTE)90878.79.2▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
25-07
State Gazette act
General meeting · Merger
Accounting effect · Power of attorney
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 5 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
31-12
Financial
Weakest financial yearnet €-200k
Net result drops to €-200k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €136k ▲178%
Operating result €171k, net result €136k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:färm.coop