BIO-HEAT: 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-HEAT
Largest movements
- Cash -€700,215
down €700,215 (-91.9%), from €761,959 to €61,744
mainly Current investments (-€501,000) and Receivables within one year (-€308,364)
- Current investments +€501,000
up €501,000 (+50.1%), from €1.0m to €1.5m
- Receivables within one year +€308,364
up €308,364 (+617%), from €50,011 to €358,375
- Tangible fixed assets +€99,594
up €99,594 (+658%), from €15,129 to €114,723
- Reserves +€357,215
up €357,215 (+24.0%), from €1.5m to €1.8m
of which Distributable reserves: +€357,215
- Other debts -€294,153
down €294,153 (-100%), from €294,153 to €0
- Tax, wage and social debts +€145,494
up €145,494 (+518%), from €28,076 to €173,570
- Gross operating margin +€70,606
up €70,606 (+15.3%), from €460,979 to €531,585
- Taxes +€27,478
up €27,478 (+17.8%), from €154,441 to €181,919
- Depreciation +€10,933
up €10,933 (+86.0%), from €12,713 to €23,646
- Financial income -€7,079
down €7,079 (-17.8%), from €39,706 to €32,627
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 | €1,827,296 | €2,035,841 | +€208,546 | +11.4% |
| Fixed assets | 21/28 | €15,129 | €114,723 | +€99,594 | +658% |
| Tangible fixed assets | 22/27 | €15,129 | €114,723 | +€99,594 | +658% |
| Plant, machinery and equipment | 23 | €15,129 | €114,723 | +€99,594 | +658% |
| Current assets | 29/58 | €1,812,167 | €1,921,118 | +€108,951 | +6.0% |
| Amounts receivable within one year | 40/41 | €50,011 | €358,375 | +€308,364 | +617% |
| Other amounts receivable | 41 | €50,011 | €358,375 | +€308,364 | +617% |
| Current investments | 50/53 | €1,000,000 | €1,501,000 | +€501,000 | +50.1% |
| Cash at bank and in hand | 54/58 | €761,959 | €61,744 | -€700,215 | -91.9% |
| Deferred charges and accrued income | 490/1 | €197 | €0 | -€197 | -100% |
| Total equity and liabilities | 10/49 | €1,827,296 | €2,035,841 | +€208,546 | +11.4% |
| Equity | 10/15 | €1,504,804 | €1,862,019 | +€357,215 | +23.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,486,204 | €1,843,419 | +€357,215 | +24.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,486,204 | €1,843,419 | +€357,215 | +24.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €322,492 | €173,823 | -€148,669 | -46.1% |
| Amounts payable within one year | 42/48 | €322,492 | €173,823 | -€148,669 | -46.1% |
| Trade debts | 44 | €262 | €252 | -€10 | -3.8% |
| Suppliers | 440/4 | €262 | €252 | -€10 | -3.8% |
| Taxes, remuneration and social security | 45 | €28,076 | €173,570 | +€145,494 | +518% |
| Taxes | 450/3 | €28,076 | €173,570 | +€145,494 | +518% |
| Other amounts payable | 47/48 | €294,153 | €0 | -€294,153 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,713 | €23,646 | +€10,933 | +86.0% |
| Other operating charges | 640/8 | €1,380 | €1,404 | +€24 | +1.7% |
| Gross operating margin | 9900 | €460,979 | €531,585 | +€70,606 | +15.3% |
| Operating profit (loss) | 9901 | €446,887 | €506,535 | +€59,648 | +13.3% |
| Financial income | 75/76B | €39,706 | €32,627 | -€7,079 | -17.8% |
| Recurring financial income | 75 | €39,706 | €32,627 | -€7,079 | -17.8% |
| Financial charges | 65/66B | €1,206 | €29 | -€1,177 | -97.6% |
| Recurring financial charges | 65 | €1,206 | €29 | -€1,177 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | €485,387 | €539,134 | +€53,746 | +11.1% |
| Income taxes | 67/77 | €154,441 | €181,919 | +€27,478 | +17.8% |
| Profit (loss) for the period | 9904 | €330,946 | €357,215 | +€26,269 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €330,946 | €357,215 | +€26,269 | +7.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.