BioToClean
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 60 days after the deadline Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00542459.
Annual accounts 2025 filed on 29-09-2026 at the NBB all 16 filings
Turnover
≈ €35,000
Estimated: probably between €24,000 and €70,000
EBIT margin
Not included in this filing
Net result
€2,380
2024 · -€1,125
Working capital
-€651▲ 83.4%
2024 · -€3,927
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€3,901
2025
20182025
Net result
€2,380
2025
middle half of the sector
20182025
Equity
€4,119
▲ 137%
2025
lowest quarter of the sector
20182025
Total assets
€27,636
▲ 49.2%
2025
lowest quarter of the sector
20182025
Debt
€23,517
▲ 40.2%
2025
20182025
Working capital
-€651
▲ 83.4%
2025
middle half of the sector
20182025
Solvency
14.9%
▲ 5.5pp
2025
middle half of the sector
20182025
Current ratio
0.97
▲ 0.42
2025
middle half of the sector
20182025
Return on assets (ROA)
8.6%
▲ 14.7pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€448-€15,679▲ 35×-€2,084-€11,873▼ 470%€4,582€3,897▼ 15.0%-€289€3,901
Net result€319-€10,356▲ 32×-€581within the sector's middle half-€13,675below the sector's middle half▼ 2,253%€4,426within the sector's middle half€3,034within the sector's middle half▼ 31.5%-€1,125within the sector's middle half€2,380within the sector's middle half
Equity€10,304-€9,660▼ 6.3%€9,078within the sector's middle half▼ 6.0%-€4,597below the sector's middle half-€170below the sector's middle half▲ 96.3%€2,864below the sector's middle half€1,739below the sector's middle half▼ 39.3%€4,119below the sector's middle half▲ 137%
Total assets€15,372-€31,430▲ 104%€19,280below the sector's middle half▼ 38.7%€6,788below the sector's middle half▼ 64.8%€5,605below the sector's middle half▼ 17.4%€22,069below the sector's middle half▲ 294%€18,517below the sector's middle half▼ 16.1%€27,636below the sector's middle half▲ 49.2%
Debt€5,068-€21,771▲ 330%€10,201▼ 53.1%€11,385▲ 11.6%€5,776▼ 49.3%€19,205▲ 233%€16,779▼ 12.6%€23,517▲ 40.2%
Working capital€10,304-€9,660▼ 6.3%€9,005within the sector's middle half▼ 6.8%-€4,670within the sector's middle half-€244within the sector's middle half▲ 94.8%-€3,886within the sector's middle half▼ 1,496%-€3,927within the sector's middle half▼ 1.1%-€651within the sector's middle half▲ 83.4%
Solvency67.0%-30.7%▼ 36.3pp47.1%within the sector's middle half▲ 16.4pp-67.7%below the sector's middle half▼ 114.8pp-3.0%below the sector's middle half▲ 64.7pp13.0%within the sector's middle half▲ 16.0pp9.4%within the sector's middle half▼ 3.6pp14.9%within the sector's middle half▲ 5.5pp
Current ratio3.03-1.44▼ 1.591.88within the sector's middle half▲ 0.440.59below the sector's middle half▼ 1.290.96within the sector's middle half▲ 0.370.52below the sector's middle half▼ 0.440.55below the sector's middle half▲ 0.030.97within the sector's middle half▲ 0.42
Return on assets (ROA)2.1%-32.9%▲ 30.9pp-3.0%below the sector's middle half▼ 36.0pp-201.5%below the sector's middle half▼ 198.4pp79.0%above the sector's middle half▲ 280.4pp13.7%within the sector's middle half▼ 65.2pp-6.1%below the sector's middle half▼ 19.8pp8.6%within the sector's middle half▲ 14.7pp
above
within
below
The sector band is the middle half of the companies in Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €3,901, after a loss of €289 in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,636
Fixed assets
€9,501 ▼ 30.7%
Current assets
€18,135 ▲ 277%
Equity and liabilities €27,636
Equity
€4,119 ▲ 137%
Debt
€23,517 ▲ 40.2%
Debt's share of the balance-sheet total falls from 90.6% to 85.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8,112▲
2024 · €3,922
Cash flow
€6,592▲
2024 · €3,087
Debt to equity
5.71▼
2024 · 9.65
ROE
57.8%▲
2024 · -64.7%
Interest coverage
11.16▲
2024 · 4.30
Debt ≤ 1 year
€18,786▲
2024 · €8,732
Debt > 1 year
€4,731▼
2024 · €8,047
Income taxes
€793
Staff costs
€200▲
2024 · €36
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €21,059 | - | - |
| Depreciation and write-downs of the year | - | - | €3,208 | €4,212 | €4,212 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €36 | €200 | ▲ 457% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,239 | - | - | - | - | €3,208 | €4,212 | €4,212 | = |
| Other operating charges640/8 | - | - | - | €226 | €85 | €234 | €106 | €106 | = |
| Gross operating margin9900 | €2,860 | €15,764 | -€1,851 | -€11,647 | €4,667 | €7,339 | €4,065 | €8,419 | ▲ 107% |
| Operating profit (loss)9901 | €448 | €15,679 | -€2,084 | -€11,873 | €4,582 | €3,897 | -€289 | €3,901 | - |
| Financial income75/76B | - | - | - | €7 | €19 | €0 | €75 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €0 | - | €7 | €19 | €0 | €75 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | - | €178 | €175 | €864 | €911 | €727 | ▼ 20.2% |
| Recurring financial charges65 | €42 | €55 | €128 | €178 | €175 | €864 | €911 | €727 | ▼ 20.2% |
| Profit (loss) for the period before taxes9903 | €406 | €15,625 | -€2,212 | -€12,044 | €4,426 | €3,034 | -€1,125 | €3,173 | - |
| Income taxes67/77 | €87 | €5,269 | -€1,631 | €1,631 | - | - | - | €793 | - |
| Profit (loss) for the period9904 | €319 | €10,356 | -€581 | -€13,675 | €4,426 | €3,034 | -€1,125 | €2,380 | - |
| Profit (loss) for the period to be appropriated9905 | €319 | €10,356 | -€581 | -€13,675 | €4,426 | €3,034 | -€1,125 | €2,380 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €15,372 | €31,430 | €19,280 | €6,788 | €5,605 | €22,069 | €18,517 | €27,636 | ▲ 49.2% |
| Fixed assets21/28 | - | - | €73 | €73 | €73 | €17,924 | €13,712 | €9,501 | ▼ 30.7% |
| Tangible fixed assets22/27 | - | - | €0 | - | - | €17,851 | €13,639 | €9,427 | ▼ 30.9% |
| Furniture and vehicles24 | - | - | - | - | - | €17,851 | €13,639 | €9,427 | ▼ 30.9% |
| Financial fixed assets28 | - | - | €73 | €73 | €73 | €73 | €73 | €73 | = |
| Current assets29/58 | €15,372 | €31,430 | €19,207 | €6,715 | €5,532 | €4,145 | €4,805 | €18,135 | ▲ 277% |
| Amounts receivable within one year40/41 | €1,244 | €2,371 | €1,678 | €2,792 | €617 | €2,086 | €2,840 | €5,488 | ▲ 93.3% |
| Trade receivables40 | - | - | - | €2,792 | €617 | €2,086 | €2,840 | €5,488 | ▲ 93.3% |
| Cash at bank and in hand54/58 | €13,646 | €28,574 | €17,043 | €3,199 | €4,915 | €2,058 | €1,966 | €12,223 | ▲ 522% |
| Deferred charges and accrued income490/1 | - | - | - | €724 | - | - | - | €424 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €15,372 | €31,430 | €19,280 | €6,788 | €5,605 | €22,069 | €18,517 | €27,636 | ▲ 49.2% |
| Equity10/15 | €10,304 | €9,660 | €9,078 | -€4,597 | -€170 | €2,864 | €1,739 | €4,119 | ▲ 137% |
| Contributions10/11 | €6,200 | €6,200 | €0 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Contributions outside capital11 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | - | - |
| Other1109/19 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | - | - |
| Reserves13 | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €4,104 | €1,600 | €1,018 | -€12,657 | -€8,230 | -€5,196 | -€6,321 | -€3,941 | ▲ 37.7% |
| Amounts payable17/49 | €5,068 | €21,771 | €10,201 | €11,385 | €5,776 | €19,205 | €16,779 | €23,517 | ▲ 40.2% |
| Amounts payable after more than one year17 | - | - | - | - | - | €11,175 | €8,047 | €4,731 | ▼ 41.2% |
| Financial debts170/4 | - | - | - | - | - | €11,175 | €8,047 | €4,731 | ▼ 41.2% |
| Amounts payable within one year42/48 | €5,068 | €21,771 | €10,201 | €11,385 | €5,776 | €8,031 | €8,732 | €18,786 | ▲ 115% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €2,951 | €3,128 | €3,315 | ▲ 6.0% |
| Trade debts44 | €541 | €767 | €4,576 | €4,603 | €12 | €805 | €1,741 | €3,091 | ▲ 77.6% |
| Suppliers440/4 | - | - | - | €4,603 | €12 | €805 | €1,741 | €3,091 | ▲ 77.6% |
| Taxes, remuneration and social security45 | - | - | - | €2,000 | €1,838 | €3,830 | €417 | €536 | ▲ 28.4% |
| Taxes450/3 | - | - | - | - | €1,838 | €1,765 | €417 | €536 | ▲ 28.4% |
| Remuneration and social security454/9 | - | - | - | €2,000 | - | €2,065 | - | - | - |
| Other amounts payable47/48 | - | - | - | €4,782 | €3,926 | €445 | €3,446 | €11,843 | ▲ 244% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €319 | €10,356 | -€581 | -€13,675 | €4,426 | €3,034 | -€1,125 | €2,380 | - |
| + Depreciation and write-downs630 | €2,239 | - | - | - | - | €3,208 | €4,212 | €4,212 | = |
| Operating cash flow (approximation) | €2,558 | €10,356 | -€581 | -€13,675 | €4,426 | €6,242 | €3,087 | €6,592 | ▲ 114% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | -€21,059 | €0 | €0 | - |
| Change in cash | - | €14,928 | -€11,531 | -€13,844 | €1,716 | -€2,857 | -€93 | €10,257 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,053 companies had the same profile as BioToClean has now. Two years later, 95.8% were still going and 1.6% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.4%
stopped otherwise
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BioToClean itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for BioToClean. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-09-2026 | 2026-00542459 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00192739 | |
| 31-12-2023 | micro format | 03-07-2024 | 2024-00213611 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00294986 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20410836 | |
| 31-12-2020 | micro format | 10-11-2021 | 2021-77400029 | |
| 31-12-2019 | full format | 11-08-2020 | 2020-40400003 | |
| 31-12-2018 | full format | 04-07-2019 | 2019-29200222 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-41700434 | |
| 31-12-2016 | full format | 20-07-2017 | 2017-34200173 |