BIO-FARM: 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-FARM
Largest movements
- Receivables within one year +€445,362
up €445,362 (+351%), from €126,875 to €572,237
of which Other amounts receivable: +€510,826
- Tangible fixed assets -€62,210
down €62,210 (-7.9%), from €782,595 to €720,385
of which Plant, machinery and equipment: -€60,210
- Cash -€46,376
down €46,376 (-50.9%), from €91,178 to €44,802
mainly Receivables within one year (-€445,362) and Current portion of long-term debt (-€25,000)
- Reserves +€109,166
up €109,166 (+37.6%), from €290,685 to €399,852
- Other debts +€94,217
up €94,217 (+8.4%), from €1.1m to €1.2m
- Accrued charges and deferred income +€93,316
up €93,316 (+502%), from €18,572 to €111,887
- Trade debts +€81,949
up €81,949 (+112%), from €73,168 to €155,118
- Current portion of long-term debt -€25,000
down €25,000 (-100%), from €25,000 to €0
- Financial income +€87,580
up €87,580 (+2,297%), from €3,812 to €91,392
- Gross operating margin -€34,244
down €34,244 (-17.8%), from €192,423 to €158,178
- Financial charges +€23,069
up €23,069 (+123%), from €18,694 to €41,763
- Depreciation +€19,237
up €19,237 (+39.8%), from €48,316 to €67,553
- Taxes +€9,561
up €9,561 (+50.9%), from €18,772 to €28,333
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 | €1,680,918 | €2,013,272 | +€332,354 | +19.8% |
| Fixed assets | 21/28 | €782,595 | €720,385 | -€62,210 | -7.9% |
| Tangible fixed assets | 22/27 | €782,595 | €720,385 | -€62,210 | -7.9% |
| Plant, machinery and equipment | 23 | €776,680 | €716,470 | -€60,210 | -7.8% |
| Furniture and vehicles | 24 | €5,915 | €3,915 | -€2,000 | -33.8% |
| Current assets | 29/58 | €898,322 | €1,292,887 | +€394,564 | +43.9% |
| Stocks and contracts in progress | 3 | €680,269 | €670,183 | -€10,087 | -1.5% |
| Stocks | 30/36 | €680,269 | €670,183 | -€10,087 | -1.5% |
| Amounts receivable within one year | 40/41 | €126,875 | €572,237 | +€445,362 | +351% |
| Trade receivables | 40 | €126,851 | €61,387 | -€65,464 | -51.6% |
| Other amounts receivable | 41 | €25 | €510,851 | +€510,826 | +2,066,448% |
| Cash at bank and in hand | 54/58 | €91,178 | €44,802 | -€46,376 | -50.9% |
| Deferred charges and accrued income | 490/1 | - | €5,665 | +€5,665 | |
| Total equity and liabilities | 10/49 | €1,680,918 | €2,013,272 | +€332,354 | +19.8% |
| Equity | 10/15 | €418,498 | €523,852 | +€105,354 | +25.2% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €290,685 | €399,852 | +€109,166 | +37.6% |
| Distributable reserves | 133 | €290,685 | €399,852 | +€109,166 | +37.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €3,812 | €0 | -€3,812 | -100% |
| Provisions and deferred taxes | 16 | €201 | €0 | -€201 | -100% |
| Deferred taxes | 168 | €201 | €0 | -€201 | -100% |
| Amounts payable | 17/49 | €1,262,219 | €1,489,420 | +€227,201 | +18.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,243,648 | €1,377,533 | +€133,885 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €0 | -€25,000 | -100% |
| Trade debts | 44 | €73,168 | €155,118 | +€81,949 | +112% |
| Suppliers | 440/4 | €73,168 | €155,118 | +€81,949 | +112% |
| Taxes, remuneration and social security | 45 | €26,089 | €8,808 | -€17,281 | -66.2% |
| Taxes | 450/3 | €26,089 | €8,808 | -€17,281 | -66.2% |
| Other amounts payable | 47/48 | €1,119,390 | €1,213,607 | +€94,217 | +8.4% |
| Accrued charges and deferred income | 492/3 | €18,572 | €111,887 | +€93,316 | +502% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,316 | €67,553 | +€19,237 | +39.8% |
| Other operating charges | 640/8 | €3,470 | €2,956 | -€514 | -14.8% |
| Gross operating margin | 9900 | €192,423 | €158,178 | -€34,244 | -17.8% |
| Operating profit (loss) | 9901 | €140,637 | €87,669 | -€52,967 | -37.7% |
| Financial income | 75/76B | €3,812 | €91,392 | +€87,580 | +2,297% |
| Recurring financial income | 75 | €3,812 | €91,392 | +€87,580 | +2,297% |
| Financial charges | 65/66B | €18,694 | €41,763 | +€23,069 | +123% |
| Recurring financial charges | 65 | €18,694 | €41,763 | +€23,069 | +123% |
| Profit (loss) for the period before taxes | 9903 | €125,755 | €137,298 | +€11,543 | +9.2% |
| Transfer from deferred taxes | 780 | €201 | €201 | -€0 | 0.0% |
| Income taxes | 67/77 | €18,772 | €28,333 | +€9,561 | +50.9% |
| Profit (loss) for the period | 9904 | €107,184 | €109,166 | +€1,982 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €107,184 | €109,166 | +€1,982 | +1.8% |
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 21 October 2026 via checked.be.