BIO DEGRADABLE PACKAGING: what changed
Two financial 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 DEGRADABLE PACKAGING
Largest movements
- Receivables within one year +€182,662
up €182,662 (+110%), from €165,500 to €348,161
of which Trade receivables: +€182,593
- Stocks and contracts -€170,516
down €170,516 (-7.3%), from €2.3m to €2.2m
- Cash +€44,255
up €44,255 (+106%), from €41,822 to €86,077
mainly Tax, wage and social debts (+€181,429) and Stocks and contracts (+€170,516)
- Tax, wage and social debts +€181,429
up €181,429 (+182%), from €99,909 to €281,338
of which Taxes: +€166,309
- Profit (loss) carried forward -€96,506
down €96,506 (-15.2%), from -€635,786 to -€732,292
- Other debts +€79,138
up €79,138 (+10.4%), from €763,758 to €842,896
- Debts after one year -€49,887
down €49,887 (-2.8%), from €1.8m to €1.8m
- Current portion of long-term debt -€29,148
down €29,148 (-36.9%), from €79,035 to €49,887
- Staff costs +€59,270
up €59,270 (+35.1%), from €168,621 to €227,891
- Financial income -€39,414
down €39,414 (-93.6%), from €42,121 to €2,707
- Gross operating margin +€33,593
up €33,593 (+13.1%), from €256,332 to €289,925
- Other operating charges +€26,104
up €26,104 (+157%), from €16,644 to €42,748
- Financial charges -€16,277
down €16,277 (-18.2%), from €89,680 to €73,403
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.
Derived cash bridge
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 | €2,710,902 | €2,788,267 | +€77,366 | +2.9% |
| Fixed assets | 21/28 | €174,538 | €195,298 | +€20,760 | +11.9% |
| Tangible fixed assets | 22/27 | €143,038 | €163,798 | +€20,760 | +14.5% |
| Plant, machinery and equipment | 23 | €82,147 | €109,766 | +€27,619 | +33.6% |
| Furniture and vehicles | 24 | €60,891 | €54,032 | -€6,859 | -11.3% |
| Financial fixed assets | 28 | €31,500 | €31,500 | = | 0.0% |
| Current assets | 29/58 | €2,536,363 | €2,592,969 | +€56,606 | +2.2% |
| Stocks and contracts in progress | 3 | €2,322,633 | €2,152,117 | -€170,516 | -7.3% |
| Stocks | 30/36 | €2,322,633 | €2,152,117 | -€170,516 | -7.3% |
| Amounts receivable within one year | 40/41 | €165,500 | €348,161 | +€182,662 | +110% |
| Trade receivables | 40 | €165,500 | €348,093 | +€182,593 | +110% |
| Other amounts receivable | 41 | €0 | €68 | +€68 | |
| Cash at bank and in hand | 54/58 | €41,822 | €86,077 | +€44,255 | +106% |
| Deferred charges and accrued income | 490/1 | €6,409 | €6,614 | +€205 | +3.2% |
| Total equity and liabilities | 10/49 | €2,710,902 | €2,788,267 | +€77,366 | +2.9% |
| Equity | 10/15 | -€165,326 | -€261,832 | -€96,506 | -58.4% |
| Contributions | 10/11 | €470,460 | €470,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€635,786 | -€732,292 | -€96,506 | -15.2% |
| Amounts payable | 17/49 | €2,876,228 | €3,050,100 | +€173,872 | +6.0% |
| Amounts payable after more than one year | 17 | €1,805,340 | €1,755,453 | -€49,887 | -2.8% |
| Financial debts | 170/4 | €1,805,340 | €1,755,453 | -€49,887 | -2.8% |
| Amounts payable within one year | 42/48 | €1,070,888 | €1,294,647 | +€223,759 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €79,035 | €49,887 | -€29,148 | -36.9% |
| Trade debts | 44 | €128,187 | €120,526 | -€7,660 | -6.0% |
| Suppliers | 440/4 | €128,187 | €120,526 | -€7,660 | -6.0% |
| Taxes, remuneration and social security | 45 | €99,909 | €281,338 | +€181,429 | +182% |
| Taxes | 450/3 | €80,630 | €246,939 | +€166,309 | +206% |
| Remuneration and social security | 454/9 | €19,278 | €34,399 | +€15,121 | +78.4% |
| Other amounts payable | 47/48 | €763,758 | €842,896 | +€79,138 | +10.4% |
| Remuneration, social security and pensions | 62 | €168,621 | €227,891 | +€59,270 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,583 | €45,097 | +€14,513 | +47.5% |
| Other operating charges | 640/8 | €16,644 | €42,748 | +€26,104 | +157% |
| Gross operating margin | 9900 | €256,332 | €289,925 | +€33,593 | +13.1% |
| Operating profit (loss) | 9901 | €40,484 | -€25,810 | -€66,294 | |
| Financial income | 75/76B | €42,121 | €2,707 | -€39,414 | -93.6% |
| Recurring financial income | 75 | €42,121 | €2,707 | -€39,414 | -93.6% |
| Financial charges | 65/66B | €89,680 | €73,403 | -€16,277 | -18.2% |
| Recurring financial charges | 65 | €89,680 | €73,403 | -€16,277 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,075 | -€96,506 | -€89,431 | -1,264% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€7,075 | -€96,506 | -€89,431 | -1,264% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,075 | -€96,506 | -€89,431 | -1,264% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.