BioVar.be
ActiveBioVar.be has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163k and a net result of €366k. Equity is shrinking by ~64.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 1722 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
66
/ 100
Healthy▲ +53 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+79
Solvency13▼-29
Growth72=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.9 in 2024), and 98.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
Sector 01
lower
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.7%
Return on assets
3.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1722 sector peers (2025).
NBB · sector comparisonPosition among 1722 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
8 d early
2023
12 d early
2022
14 d early
2021
16 d early
2020
37 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.58M▲ 140%
2019 · €658k
2018: €365k
2019: €658k
2018 → 2020
EBIT margin
-5.5%▲ 32.9pp
2019 · -38.3%
2018: -2.7%
2019: -38.3%
2018 → 2020
Net result
€366k
2024 · €-9k
2018: €-38k
2019: €-417k
2020: €-268k
2021: €-223k
2022: €-660k
2023: €275k
2024: €-9k
2018 → 2025
Working capital
€95k
2024 · €-190k
2018: €-906k
2019: €-2.32M
2020: €-203k
2021: €-405k
2022: €-448k
2023: €-994k
2024: €-190k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€191k-€-469k€-195k▲ 58.5%€-203k▼ 4.5%€163k
Operating result€-52k-€-474k▼ 818%€794k€252k▼ 68.3%€574k▲ 128%
Net result€-223k-€-660k▼ 196%€275k€-9k€366k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 128% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.57M
Fixed assets
€7.74M▼ 5.9%
Current assets
€1.83M▲ 3.0%
Equity and liabilities €9.57M
Equity
€163k
Debt
€9.40M
Debt finances 98.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€1.08M▲
2024 · €758k
Cash flow
€869k▲
2024 · €498k
Solvency
1.7%▲
2024 · -2.0%
Current ratio
1.05▲
2024 · 0.90
Quick ratio
0.26▼
2024 · 0.30
Debt / equity
57.81▲
2024 · -50.21
ROE
224.9%▲
2024 · 4.3%
ROA
3.8%▲
2024 · -0.1%
Interest coverage
5.17▲
2024 · 2.91
Debt
€9.40M▼
2024 · €10.20M
Debt ≤ 1 year
€1.74M▼
2024 · €1.97M
Debt > 1 year
€7.67M▼
2024 · €8.23M
Staff costs
€148k▲
2024 · €143k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€10.00M€9.57M▼
Fixed assets21/28€8.22M€7.74M▼
Intangible fixed assets21€25k€16k▼
Tangible fixed assets22/27€8.20M€7.72M▼
Land and buildings22€6.63M€6.39M▼
Plant, machinery and equipment23€1.42M€1.23M▼
Furniture and vehicles24€23k€11k▼
Other tangible fixed assets26€124k€88k▼
Financial fixed assets28€2k€2k=
Current assets29/58€1.78M€1.83M▲
Stocks and contracts in progress3€1.18M€1.37M▲
Stocks30/36€1.18M€1.37M▲
Amounts receivable within one year40/41€583k€440k▼
Trade receivables40€565k€434k▼
Other amounts receivable41€18k€5k▼
Deferred charges and accrued income490/1€15k€16k▲
Equity and liabilities
Total equity and liabilities10/49€10.00M€9.57M▼
Equity10/15€-203k€163k▲
Contributions10/11€350k€350k=
Reserves13€95k€95k=
Non-distributable reserves130/1€20k€20k=
Reserves not available under the articles1311€20k€20k=
Distributable reserves133€75k€75k=
Profit (loss) carried forward14€-649k€-283k▲
Amounts payable17/49€10.20M€9.40M▼
Amounts payable after more than one year17€8.23M€7.67M▼
Financial debts170/4€8.23M€7.67M▼
Amounts payable within one year42/48€1.97M€1.74M▼
Current portion of amounts payable after more than one year42€686k€567k▼
Trade debts44€184k€97k▼
Suppliers440/4€184k€97k▼
Taxes, remuneration and social security45€21k€24k▲
Taxes450/3€7k€7k▲
Remuneration and social security454/9€14k€17k▲
Other amounts payable47/48€1.08M€1.05M▼
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€143k€148k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€507k€503k▼
Other operating charges640/8€29k€38k▲
Gross operating margin9900€930k€1.26M▲
Operating profit (loss)9901€252k€574k▲
Financial income75/76B€9€16▲
Recurring financial income75€9€16▲
Financial charges65/66B€260k€208k▼
Recurring financial charges65€260k€208k▼
Profit (loss) for the period before taxes9903€-9k€366k▲
Profit (loss) for the period9904€-9k€366k▲
Profit (loss) for the period to be appropriated9905€-9k€366k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-649k€-283k▲
Profit (loss) brought forward from the previous period14P€-640k€-649k▼
Social balance
Average headcount (FTE)90872.72.6▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €366k
Net result €366k after one loss-making year.
31-12
Financial
Equity above €150kEq €163k
Equity rises from €-203k to €163k.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €275k
Net result €275k after 5 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-660k
Net result drops to €-660k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2017
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-11-2017
HAPROCO: Resigned as Manager
06-11-2017
VACHRICO: Resigned as Manager
31-01-2017
Wim Haeck: Resigned as Manager
26-03-2014
Caprimik bvba: Resigned as Manager
22-11-2011
Didier Taveirne: Resigned as Manager
30-06-2011
Sofie Vangaever: Resigned as Manager
Location & real-estate footprint
Registered office, Wingene · 3 establishment units since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hillesteenweg 548750 WingeneGround area
4.4 ha
Building footprint
9,657 m²
Volume, LiDAR
5,385 m³
4 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
BioVar.be
since 20182.273.687.522
BioVar.be
since 20182.281.562.635
BioVar.be
since 20182.281.562.536
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012G0736/00H000 | Flanders | 2.3 ha | 1 · 8,851 m² | 7.2 m |
| 37012F0649/00M000 | Flanders | 1.2 ha | 1 · 176 m² | 7.9 m · 2 fl. |
| 37018C0047/00W000 | Flanders | 5,706 m² | 1 · 427 m² | 8.2 m · 1 fl. |
| 37018B0586/00A002 | Flanders | 2,857 m² | 1 · 204 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 2,828 EUR awarded · 2,828 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 770 EUR | 770 EUR |
| 2024 | 1 | 400 EUR | 400 EUR |
| 2023 | 2 | 1,308 EUR | 1,308 EUR |
| 2022 | 1 | 350 EUR | 350 EUR |
Schemes
Subsidie voor controlekosten voor de biologische landbouw
Hectaresteun voor de toepassing van de biologische productiemethode
Subsidie in het kader van land- en tuinbouwbeleid
Recognitions · licences · registrations
Food safety, FASFC
2 sitesWingene2.273.687.522
Wingene2.281.562.536
Similar companies · same sector, comparable size
PAARDEBOS
BE 0871.673.078
Zonnebeke · Eq €163k
PYVAR
BE 0413.757.458
Vleteren · Eq €161k
F. D'hondt
BE 1000.318.834
Hooglede · Eq €164k
Houtgracht
BE 0405.570.064
Roeselare · Eq €161k
KERREWEG
BE 0859.944.194
Evergem · Eq €167k
Of 902 companies in sector 01461 we hold annual accounts for 295. 242 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2005
Fiscal year end31-12
Activities, NACEBEL
01461Pig breeding farms
74142
01462Crop and animal production, hunting and related service activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.