BIO-GARANT: 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.
What changed
BIO-GARANT
NACE 01.130, Growing of vegetables, melons, roots and tubers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€21,386
2024 · -€30,520+€51,907
Equity
€281,822
2024 · €260,436+€21,386
Cash
€53,088
2024 · €3,843+€49,245
Balance sheet total
€1.1m
2024 · €1.2m-€83,310
Largest movements
Assets
- Tangible fixed assets -€130,048
down €130,048 (-13.1%), from €994,040 to €863,992
of which Land and buildings: -€68,568
- Cash +€49,245
up €49,245 (+1,281%), from €3,843 to €53,088
mainly Depreciation (+€131,700) and Net result for the year (+€21,386)
Equity and liabilities
- Debts after one year -€84,204
down €84,204 (-11.1%), from €755,275 to €671,071
- Other debts -€24,961
down €24,961 (-45.9%), from €54,335 to €29,374
- Reserves +€21,000
up €21,000 (+11.3%), from €186,000 to €207,000
Income statement
- Gross operating margin +€81,265
up €81,265 (+40.1%), from €202,823 to €284,088
- Staff costs +€18,633
up €18,633 (+24.4%), from €76,487 to €95,120
- Financial charges +€7,842
up €7,842 (+36.4%), from €21,547 to €29,390
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.
Result 2024
-€30,520
Gross operating margin
+€81,265
Staff costs
-€18,633
Depreciation
+€250
Other operating charges
-€584
Financial income
-€2,221
Financial charges
-€7,842
Taxes
-€327
Result 2025
€21,386
raises the resultlowers the result
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.
From operations
+€119,845
Investment
+€6,310
Financing
-€76,911
Cash 2024
€3,843
From operations (derived)
+€119,845
Net result for the year
+€21,386
Depreciation
+€131,700
Stocks and contracts
-€988
Receivables within one year
-€5,104
Deferred charges and accrued income
+€635
Trade debts
+€283
Tax, wage and social debts
-€3,107
Other debts
-€24,961
Investment (derived)
+€6,310
Investment in fixed assets (net)
-€1,652
Current investments
+€7,963
Financing
-€76,911
Debts after one year
-€84,204
Current portion of long-term debt
+€1
Short-term financial debts
+€7,292
Cash 2025
€53,088
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,162,394 | €1,079,084 | -€83,310 | -7.2% |
| Fixed assets | 21/28 | €1,056,540 | €926,492 | -€130,048 | -12.3% |
| Tangible fixed assets | 22/27 | €994,040 | €863,992 | -€130,048 | -13.1% |
| Land and buildings | 22 | €782,975 | €714,407 | -€68,568 | -8.8% |
| Plant, machinery and equipment | 23 | €189,743 | €140,113 | -€49,630 | -26.2% |
| Furniture and vehicles | 24 | €21,322 | €9,472 | -€11,850 | -55.6% |
| Financial fixed assets | 28 | €62,500 | €62,500 | = | 0.0% |
| Current assets | 29/58 | €105,854 | €152,592 | +€46,738 | +44.2% |
| Stocks and contracts in progress | 3 | €36,401 | €37,388 | +€988 | +2.7% |
| Stocks | 30/36 | €4,401 | €5,153 | +€753 | +17.1% |
| Contracts in progress | 37 | €32,000 | €32,235 | +€235 | +0.7% |
| Amounts receivable within one year | 40/41 | €29,535 | €34,639 | +€5,104 | +17.3% |
| Trade receivables | 40 | €21,574 | €30,514 | +€8,940 | +41.4% |
| Other amounts receivable | 41 | €7,961 | €4,125 | -€3,836 | -48.2% |
| Current investments | 50/53 | €33,401 | €25,438 | -€7,963 | -23.8% |
| Cash at bank and in hand | 54/58 | €3,843 | €53,088 | +€49,245 | +1,281% |
| Deferred charges and accrued income | 490/1 | €2,674 | €2,039 | -€635 | -23.8% |
| Total equity and liabilities | 10/49 | €1,162,394 | €1,079,084 | -€83,310 | -7.2% |
| Equity | 10/15 | €260,436 | €281,822 | +€21,386 | +8.2% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €186,000 | €207,000 | +€21,000 | +11.3% |
| Distributable reserves | 133 | €186,000 | €207,000 | +€21,000 | +11.3% |
| Profit (loss) carried forward | 14 | €36 | €422 | +€386 | +1,085% |
| Amounts payable | 17/49 | €901,958 | €797,262 | -€104,696 | -11.6% |
| Amounts payable after more than one year | 17 | €755,275 | €671,071 | -€84,204 | -11.1% |
| Financial debts | 170/4 | €755,275 | €671,071 | -€84,204 | -11.1% |
| Amounts payable within one year | 42/48 | €146,683 | €126,191 | -€20,492 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €77,203 | €77,204 | +€1 | 0.0% |
| Financial debts | 43 | - | €7,292 | +€7,292 | |
| Credit institutions | 430/8 | - | €7,292 | +€7,292 | |
| Trade debts | 44 | €1,348 | €1,630 | +€283 | +21.0% |
| Suppliers | 440/4 | €1,348 | €1,630 | +€283 | +21.0% |
| Taxes, remuneration and social security | 45 | €13,798 | €10,690 | -€3,107 | -22.5% |
| Taxes | 450/3 | €9,577 | €6,111 | -€3,466 | -36.2% |
| Remuneration and social security | 454/9 | €4,221 | €4,579 | +€359 | +8.5% |
| Other amounts payable | 47/48 | €54,335 | €29,374 | -€24,961 | -45.9% |
| Non-recurring operating income | 76A | €5,256 | €381 | -€4,875 | -92.8% |
| Remuneration, social security and pensions | 62 | €76,487 | €95,120 | +€18,633 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,950 | €131,700 | -€250 | -0.2% |
| Other operating charges | 640/8 | €7,169 | €7,753 | +€584 | +8.1% |
| Gross operating margin | 9900 | €202,823 | €284,088 | +€81,265 | +40.1% |
| Operating profit (loss) | 9901 | -€12,783 | €49,514 | +€62,298 | |
| Financial income | 75/76B | €3,810 | €1,589 | -€2,221 | -58.3% |
| Recurring financial income | 75 | €3,810 | €1,589 | -€2,221 | -58.3% |
| Financial charges | 65/66B | €21,547 | €29,390 | +€7,842 | +36.4% |
| Recurring financial charges | 65 | €21,547 | €29,390 | +€7,842 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | -€30,520 | €21,714 | +€52,234 | |
| Income taxes | 67/77 | €0 | €327 | +€327 | |
| Profit (loss) for the period | 9904 | -€30,520 | €21,386 | +€51,907 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,520 | €21,386 | +€51,907 |
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 15 October 2026 via checked.be.