Bio-Circle: 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-Circle
Largest movements
- Cash +€77,533
up €77,533 (+149.9%), from €51,722 to €129,255
mainly Debts after one year (+€183,937) and Trade debts (+€83,782)
- Stocks and contracts +€54,875
up €54,875 (+27.5%), from €199,517 to €254,391
- Tangible fixed assets -€24,113
down €24,113 (-2.9%), from €827,849 to €803,736
of which Furniture and vehicles: -€23,065
- Debts after one year +€183,937
up €183,937 (+30.8%), from €596,961 to €780,898
of which Other amounts payable: +€226,147
- Profit (loss) carried forward -€134,730
down €134,730 (-84.5%), from -€159,474 to -€294,204
- Trade debts +€83,782
up €83,782 (+16.8%), from €497,777 to €581,559
- Current portion of long-term debt +€52,013
up €52,013 (+97.6%), from €53,299 to €105,312
- Tax, wage and social debts -€40,099
down €40,099 (-29.4%), from €136,565 to €96,466
of which Taxes: -€38,578
- Gross operating margin +€103,361
up €103,361 (+21.5%), from €481,818 to €585,179
- Staff costs +€99,294
up €99,294 (+20.5%), from €484,955 to €584,248
- Depreciation +€39,474
up €39,474 (+124.2%), from €31,785 to €71,259
- Financial charges +€7,117
up €7,117 (+14.8%), from €48,140 to €55,257
- Other operating charges +€7,088
up €7,088 (+525.0%), from €1,350 to €8,438
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 | €1,449,948 | €1,564,786 | +€114,838 | +7.9% |
| Fixed assets | 21/28 | €861,557 | €834,595 | -€26,962 | -3.1% |
| Intangible fixed assets | 21 | €28,007 | €25,159 | -€2,849 | -10.2% |
| Tangible fixed assets | 22/27 | €827,849 | €803,736 | -€24,113 | -2.9% |
| Land and buildings | 22 | €690,538 | €681,318 | -€9,220 | -1.3% |
| Plant, machinery and equipment | 23 | €44,196 | €49,303 | +€5,107 | +11.6% |
| Furniture and vehicles | 24 | €91,531 | €68,466 | -€23,065 | -25.2% |
| Other tangible fixed assets | 26 | €1,584 | €4,648 | +€3,064 | +193.4% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €5,700 | €5,700 | = | 0.0% |
| Current assets | 29/58 | €588,392 | €730,192 | +€141,800 | +24.1% |
| Stocks and contracts in progress | 3 | €199,517 | €254,391 | +€54,875 | +27.5% |
| Stocks | 30/36 | €199,517 | €254,391 | +€54,875 | +27.5% |
| Amounts receivable within one year | 40/41 | €314,284 | €310,984 | -€3,300 | -1.0% |
| Trade receivables | 40 | €314,064 | €310,740 | -€3,324 | -1.1% |
| Other amounts receivable | 41 | €220 | €244 | +€24 | +11.1% |
| Cash at bank and in hand | 54/58 | €51,722 | €129,255 | +€77,533 | +149.9% |
| Deferred charges and accrued income | 490/1 | €22,869 | €35,561 | +€12,692 | +55.5% |
| Total equity and liabilities | 10/49 | €1,449,948 | €1,564,786 | +€114,838 | +7.9% |
| Equity | 10/15 | -€158,474 | -€293,204 | -€134,730 | -85.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€159,474 | -€294,204 | -€134,730 | -84.5% |
| Amounts payable | 17/49 | €1,608,422 | €1,857,990 | +€249,568 | +15.5% |
| Amounts payable after more than one year | 17 | €596,961 | €780,898 | +€183,937 | +30.8% |
| Financial debts | 170/4 | €554,198 | €511,987 | -€42,211 | -7.6% |
| Other amounts payable | 178/9 | €42,764 | €268,911 | +€226,147 | +528.8% |
| Amounts payable within one year | 42/48 | €1,006,938 | €1,070,227 | +€63,289 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €53,299 | €105,312 | +€52,013 | +97.6% |
| Trade debts | 44 | €497,777 | €581,559 | +€83,782 | +16.8% |
| Suppliers | 440/4 | €497,777 | €581,559 | +€83,782 | +16.8% |
| Taxes, remuneration and social security | 45 | €136,565 | €96,466 | -€40,099 | -29.4% |
| Taxes | 450/3 | €66,238 | €27,660 | -€38,578 | -58.2% |
| Remuneration and social security | 454/9 | €70,328 | €68,807 | -€1,521 | -2.2% |
| Other amounts payable | 47/48 | €319,296 | €286,890 | -€32,407 | -10.1% |
| Accrued charges and deferred income | 492/3 | €4,523 | €6,865 | +€2,342 | +51.8% |
| Remuneration, social security and pensions | 62 | €484,955 | €584,248 | +€99,294 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,785 | €71,259 | +€39,474 | +124.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €325 | €0 | -€325 | -100.0% |
| Other operating charges | 640/8 | €1,350 | €8,438 | +€7,088 | +525.0% |
| Gross operating margin | 9900 | €481,818 | €585,179 | +€103,361 | +21.5% |
| Operating profit (loss) | 9901 | -€36,596 | -€78,766 | -€42,170 | -115.2% |
| Financial income | 75/76B | €48 | €49 | +€1 | +2.3% |
| Recurring financial income | 75 | €48 | €49 | +€1 | +2.3% |
| Financial charges | 65/66B | €48,140 | €55,257 | +€7,117 | +14.8% |
| Recurring financial charges | 65 | €48,140 | €55,257 | +€7,117 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | -€84,688 | -€133,974 | -€49,286 | -58.2% |
| Income taxes | 67/77 | €810 | €756 | -€55 | -6.8% |
| Profit (loss) for the period | 9904 | -€85,499 | -€134,730 | -€49,231 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,499 | -€134,730 | -€49,231 | -57.6% |
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 3 October 2026 via checked.be.