BIO CAP: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BIO CAP
Largest movements
- Receivables within one year -€114,811
down €114,811 (-61.9%), from €185,614 to €70,803
of which Trade receivables: -€95,924
- Tangible fixed assets -€101,064
down €101,064 (-5.1%), from €2.0m to €1.9m
of which Land and buildings: -€96,716
- Cash -€45,698
down €45,698 (-88.9%), from €51,421 to €5,723
mainly Net result for the year (-€159,043) and Debts after one year (-€93,204)
- Profit (loss) carried forward -€159,043
down €159,043 (-66.3%), from -€239,754 to -€398,796
- Debts after one year -€93,204
down €93,204 (-6.8%), from €1.4m to €1.3m
- Gross operating margin +€70,022
up €70,022 (+50.4%), from €138,799 to €208,821
- Financial charges -€4,874
down €4,874 (-15.7%), from €31,104 to €26,230
- Depreciation -€2,577
down €2,577 (-2.3%), from €109,698 to €107,121
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,375,869 | €2,108,239 | -€267,629 | -11.3% |
| Formation expenses | 20 | €17,954 | €11,899 | -€6,056 | -33.7% |
| Fixed assets | 21/28 | €2,120,879 | €2,019,815 | -€101,064 | -4.8% |
| Tangible fixed assets | 22/27 | €1,982,879 | €1,881,815 | -€101,064 | -5.1% |
| Land and buildings | 22 | €1,976,064 | €1,879,348 | -€96,716 | -4.9% |
| Furniture and vehicles | 24 | €6,815 | €2,467 | -€4,348 | -63.8% |
| Financial fixed assets | 28 | €138,000 | €138,000 | = | 0.0% |
| Current assets | 29/58 | €237,035 | €76,526 | -€160,509 | -67.7% |
| Amounts receivable within one year | 40/41 | €185,614 | €70,803 | -€114,811 | -61.9% |
| Trade receivables | 40 | €96,039 | €115 | -€95,924 | -99.9% |
| Other amounts receivable | 41 | €89,575 | €70,688 | -€18,887 | -21.1% |
| Cash at bank and in hand | 54/58 | €51,421 | €5,723 | -€45,698 | -88.9% |
| Total equity and liabilities | 10/49 | €2,375,869 | €2,108,239 | -€267,629 | -11.3% |
| Equity | 10/15 | €883,848 | €724,805 | -€159,043 | -18.0% |
| Contributions | 10/11 | €9,166 | €9,166 | = | 0.0% |
| Revaluation surpluses | 12 | €1,114,436 | €1,114,436 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,754 | -€398,796 | -€159,043 | -66.3% |
| Amounts payable | 17/49 | €1,492,021 | €1,383,434 | -€108,586 | -7.3% |
| Amounts payable after more than one year | 17 | €1,375,065 | €1,281,861 | -€93,204 | -6.8% |
| Financial debts | 170/4 | €1,375,065 | €1,281,861 | -€93,204 | -6.8% |
| Amounts payable within one year | 42/48 | €114,376 | €98,994 | -€15,383 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €91,803 | €97,033 | +€5,230 | +5.7% |
| Trade debts | 44 | €22,573 | €1,960 | -€20,612 | -91.3% |
| Suppliers | 440/4 | €22,573 | €1,960 | -€20,612 | -91.3% |
| Accrued charges and deferred income | 492/3 | €2,580 | €2,580 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,698 | €107,121 | -€2,577 | -2.3% |
| Other operating charges | 640/8 | €2,222 | €3,124 | +€902 | +40.6% |
| Non-recurring operating charges | 66A | - | €231,423 | +€231,423 | |
| Gross operating margin | 9900 | €138,799 | €208,821 | +€70,022 | +50.4% |
| Operating profit (loss) | 9901 | €26,880 | -€132,846 | -€159,726 | |
| Financial income | 75/76B | €754 | €33 | -€721 | -95.6% |
| Recurring financial income | 75 | €754 | €33 | -€721 | -95.6% |
| Financial charges | 65/66B | €31,104 | €26,230 | -€4,874 | -15.7% |
| Recurring financial charges | 65 | €31,104 | €26,230 | -€4,874 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,470 | -€159,043 | -€155,573 | -4483.3% |
| Profit (loss) for the period | 9904 | -€3,470 | -€159,043 | -€155,573 | -4483.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,470 | -€159,043 | -€155,573 | -4483.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.