HOLBIGENETICS
ActiveSummary
HOLBIGENETICS has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.1m and a net result of €579,484. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 91% of 557 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, full format
In the rankings
#1 company by total assets in Lievegem, Agriculture, forestry and fishing sector#4 oldest company in Lievegem, Agriculture, forestry and fishing sector#6 company by equity in Lievegem
2025 annual accounts filed late (73 days) Filed on 12 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00560312.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€579,484▲ 377%
2024 · €121,383
Working capital
€162,279
2024 · -€356,228
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 85% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.06m
2025
Net result€0.6m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€15.4m
2025
Equity€14.1m
2025
Debt€1.3m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)3.8%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency91.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.12
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.008m--€0.02m▼ 86.7%€0.03m€0.04m▲ 51.8%€0.03m▼ 21.8%€0.04m▲ 27.0%€0.03m▼ 23.0%€0.06m▲ 84.7%
Net result-€0.009m--€0.03m▼ 261%-€0.05mbelow the sector's middle half▼ 66.6%€0.1mabove the sector's middle half-€0.08mbelow the sector's middle half€0.02mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 606%€0.6mabove the sector's middle half▲ 377%
Equity-€0.3m--€0.3m▼ 11.5%-€0.4mbelow the sector's middle half▼ 17.2%-€0.3mbelow the sector's middle half▲ 27.3%-€0.3mbelow the sector's middle half▼ 31.4%-€0.3mbelow the sector's middle half▲ 5.0%€12.4mabove the sector's middle half€14.1mabove the sector's middle half▲ 13.8%
Total assets€0.06m-€0.4m▲ 601%€0.5mbelow the sector's middle half▲ 34.6%€1.0mabove the sector's middle half▲ 90.6%€1.2mabove the sector's middle half▲ 15.5%€1.2mabove the sector's middle half▼ 3.8%€13.9mabove the sector's middle half▲ 12×€15.4mabove the sector's middle half▲ 10.9%
Debt€0.3m-€0.7m▲ 114%€0.9m▲ 27.1%€1.3m▲ 43.9%€1.5m▲ 18.7%€1.5m▼ 4.1%€1.5m▲ 2.8%€1.3m▼ 12.2%
Working capital-€0.3m--€0.3m▼ 7.3%-€0.4mbelow the sector's middle half▼ 13.6%-€0.3mbelow the sector's middle half▲ 28.3%-€0.4mbelow the sector's middle half▼ 56.1%-€0.4mbelow the sector's middle half▼ 1.5%-€0.4mbelow the sector's middle half▲ 14.5%€0.2mwithin the sector's middle half
Solvency-474.1%--75.4%▲ 398.7pp-65.6%below the sector's middle half▲ 9.7pp-25.0%below the sector's middle half▲ 40.6pp-28.5%below the sector's middle half▼ 3.4pp-28.1%below the sector's middle half▲ 0.4pp89.1%above the sector's middle half▲ 117.2pp91.3%above the sector's middle half▲ 2.3pp
Current ratio0.09-0.55▲ 0.450.59below the sector's middle half▲ 0.050.80within the sector's middle half▲ 0.200.73within the sector's middle half▼ 0.060.72within the sector's middle half▼ 0.020.77below the sector's middle half▲ 0.051.12within the sector's middle half▲ 0.36
Return on assets (ROA)-15.1%--7.8%▲ 7.3pp-9.6%below the sector's middle half▼ 1.9pp9.4%above the sector's middle half▲ 19.0pp-6.8%below the sector's middle half▼ 16.2pp1.5%within the sector's middle half▲ 8.3pp0.9%below the sector's middle half▼ 0.6pp3.8%within the sector's middle half▲ 2.9pp
above
within
below
the middle half of NACE 01, Crop and animal production, hunting and related service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
- 2025 Net result +377% on 2024. The accounts now follow the full format, last year the abbreviated format.
- 2024 Net result +606% on 2023. The accounts now follow the abbreviated format, last year the micro format.
- 2024 Total assets +1,104% on 2023. Capital increase of €12,602,506 (Official Gazette 17-12-2024).
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.4m
Fixed assets
€13.9m ▲ 9.3%
Current assets
€1.5m ▲ 28.5%
Equity and liabilities €15.4m
Equity
€14.1m ▲ 13.8%
Debt
€1.3m ▼ 12.2%
Debt's share of the balance-sheet total falls from 10.9% to 8.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59,645▲
2024 · €33,108
Cash flow
€580,620▲
2024 · €122,806
Debt to equity
0.09▼
2024 · 0.12
ROE
4.1%▲
2024 · 1.0%
Interest coverage
-5.59▼
2024 · -5.55
Debt ≤ 1 year
€1.3m▼
2024 · €1.5m
Income taxes
€7,200▲
2024 · €160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,496 | €9,496 | €8,729 | €6,545 | €2,569 | €1,335 | €1,424 | €1,137 | ▼ 20.1% |
| Other operating charges640/8 | - | - | - | €687 | €585 | €1,275 | €1,600 | €1,340 | ▼ 16.2% |
| Non-recurring operating charges66A | - | - | - | - | €1,680 | - | - | - | - |
| Gross operating margin9900 | €2,997 | -€4,773 | €36,642 | €48,657 | €37,241 | €43,769 | €34,709 | €60,985 | ▲ 75.7% |
| Operating profit (loss)9901 | -€8,063 | -€15,053 | €27,284 | €41,425 | €32,407 | €41,159 | €31,685 | €58,508 | ▲ 84.7% |
| Financial income75/76B | - | - | - | €118,227 | €68,578 | €77,832 | €83,896 | €517,512 | ▲ 517% |
| Recurring financial income75 | €90 | €15,640 | €37,915 | €118,227 | €68,578 | €77,832 | €83,896 | €517,512 | ▲ 517% |
| Financial charges65/66B | - | - | - | €61,747 | €182,606 | €101,635 | -€5,962 | -€10,664 | ▼ 78.9% |
| Recurring financial charges65 | €289 | €31,889 | €117,675 | €61,747 | €182,606 | €101,635 | -€5,962 | -€10,664 | ▼ 78.9% |
| Profit (loss) for the period before taxes9903 | -€8,262 | -€31,302 | -€52,476 | €97,905 | -€81,620 | €17,357 | €121,543 | €586,684 | ▲ 383% |
| Income taxes67/77 | €480 | €278 | €136 | €137 | €140 | €154 | €160 | €7,200 | ▲ 45× |
| Profit (loss) for the period9904 | -€8,742 | -€31,581 | -€52,612 | €97,768 | -€81,760 | €17,203 | €121,383 | €579,484 | ▲ 377% |
| Profit (loss) for the period to be appropriated9905 | -€8,832 | -€31,671 | -€52,612 | €97,768 | -€81,760 | €17,203 | €121,383 | €579,484 | ▲ 377% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.06m | €0.4m | €0.5m | €1.0m | €1.2m | €1.2m | €13.9m | €15.4m | ▲ 10.9% |
| Fixed assets21/28 | €0.03m | €0.02m | €0.009m | €0.003m | €0.07m | €0.09m | €12.8m | €13.9m | ▲ 9.3% |
| Intangible fixed assets21 | €0.001m | €310 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.03m | €0.02m | €0.009m | €0.003m | €0.009m | €0.02m | €0.02m | €0.02m | ▼ 1.7% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | - | €0.009m | €0.008m | €0.007m | ▼ 12.2% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.001m | €0.001m | €54 | €0.001m | ▲ 14× |
| Other tangible fixed assets26 | - | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Financial fixed assets28 | - | - | - | - | €0.06m | €0.07m | €12.7m | €13.9m | ▲ 9.3% |
| Current assets29/58 | €0.03m | €0.4m | €0.5m | €1.0m | €1.1m | €1.1m | €1.2m | €1.5m | ▲ 28.5% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.02m | €0.04m | €0.05m | €0.09m | ▲ 88.0% |
| Other amounts receivable291 | - | - | - | - | €0.02m | €0.04m | €0.05m | €0.09m | ▲ 88.0% |
| Amounts receivable within one year40/41 | €0.006m | €0.01m | €0.04m | €0.3m | €0.4m | €0.5m | €0.6m | €0.2m | ▼ 57.0% |
| Trade receivables40 | - | - | - | €0.03m | €0.04m | €0.05m | €0.06m | €0.02m | ▼ 58.5% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.4m | €0.4m | €0.5m | €0.2m | ▼ 56.8% |
| Current investments50/53 | - | €0.4m | €0.4m | €0.7m | €0.7m | €0.6m | €0.5m | €0.6m | ▲ 3.9% |
| Cash at bank and in hand54/58 | €0.02m | €0.01m | €0.08m | €0.02m | €0.004m | €0.002m | €0.005m | €0.6m | ▲ 130× |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.005m | €0.01m | €0.02m | €0.02m | ▲ 9.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.06m | €0.4m | €0.5m | €1.0m | €1.2m | €1.2m | €13.9m | €15.4m | ▲ 10.9% |
| Equity10/15 | -€0.3m | -€0.3m | -€0.4m | -€0.3m | -€0.3m | -€0.3m | €12.4m | €14.1m | ▲ 13.8% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €13.3m | €14.4m | ▲ 8.5% |
| Capital10 | - | - | - | €0.7m | €0.7m | €0.7m | €13.3m | €14.4m | ▲ 8.5% |
| Issued capital100 | - | - | - | €0.7m | €0.7m | €0.7m | €13.3m | €14.4m | ▲ 8.5% |
| Reserves13 | €91 | €181 | €181 | €181 | €181 | €181 | €181 | €181 | = |
| Tax-exempt reserves132 | - | - | - | €181 | €181 | €181 | €181 | €181 | = |
| Profit (loss) carried forward14 | -€0.9m | -€1.0m | -€1.0m | -€0.9m | -€1.0m | -€1.0m | -€0.9m | -€0.3m | ▲ 67.2% |
| Amounts payable17/49 | €0.3m | €0.7m | €0.9m | €1.3m | €1.5m | €1.5m | €1.5m | €1.3m | ▼ 12.2% |
| Amounts payable within one year42/48 | €0.3m | €0.7m | €0.9m | €1.3m | €1.5m | €1.5m | €1.5m | €1.3m | ▼ 12.2% |
| Trade debts44 | €0.005m | €0.001m | €0.002m | €0.005m | €0.02m | €0.02m | €0.02m | €0.006m | ▼ 67.3% |
| Suppliers440/4 | - | - | - | €0.005m | €0.02m | €0.02m | €0.02m | €0.006m | ▼ 67.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.005m | €0.008m | €0.007m | €0.007m | ▼ 4.3% |
| Taxes450/3 | - | - | - | €0.006m | €0.005m | €0.008m | €0.007m | €0.007m | ▼ 4.3% |
| Other amounts payable47/48 | - | - | - | €1.3m | €1.5m | €1.5m | €1.5m | €1.3m | ▼ 11.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.009m | -€0.03m | -€0.05m | €0.1m | -€0.08m | €0.02m | €0.1m | €0.6m | ▲ 377% |
| + Depreciation and write-downs630 | €0.009m | €0.009m | €0.009m | €0.007m | €0.003m | €0.001m | €0.001m | €0.001m | ▼ 20.1% |
| Operating cash flow (approximation) | €0.001m | -€0.02m | -€0.04m | €0.1m | -€0.08m | €0.02m | €0.1m | €0.6m | ▲ 373% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€0.001m | -€0.07m | -€0.02m | -€12.7m | -€1.2m | ▲ 90.6% |
| Change in cash | - | -€0.01m | €0.06m | -€0.06m | -€0.02m | -€0.002m | €0.002m | €0.6m | ▲ 245× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 45 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 12-10-2026 | 2026-00560312 |
| 31-12-2024 | abbreviated format | 30-09-2025 | 2025-00527242 |
| 31-12-2023 | micro format | 08-10-2024 | 2024-00502338 |
| 31-12-2022 | micro format | 10-10-2023 | 2023-00483111 |
| 31-12-2021 | micro format | 17-10-2022 | 2022-20466410 |
| 31-12-2020 | abbreviated format | 20-08-2021 | 2021-51300557 |
| 31-12-2019 | abbreviated format | 15-06-2020 | 2020-17300368 |
| 31-12-2018 | abbreviated format | 17-06-2019 | 2019-21600561 |
| 31-12-2017 | abbreviated format | 27-08-2018 | 2018-52000298 |
| 31-12-2016 | abbreviated format | 29-05-2017 | 2017-13900533 |
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Of the 1,574 active companies whose main activity is support activities for animal production (NACE 01620), figures are known for 220. 21 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.