BIO-MICHS: 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-MICHS
Largest movements
- Cash +€142,146
up €142,146 (+189%), from €75,390 to €217,536
mainly Current investments (+€139,675) and Net result for the year (+€22,433)
- Current investments -€139,675
down €139,675 (-100%), from €139,675 to €0
- Receivables within one year +€15,394
up €15,394 (+86.6%), from €17,776 to €33,170
of which Other amounts receivable: +€17,514
- Reserves +€22,433
up €22,433 (+14.7%), from €152,918 to €175,352
of which Distributable reserves: +€22,433
- Trade debts -€5,592
down €5,592 (-81.8%), from €6,836 to €1,244
- Gross operating margin +€36,814
up €36,814, from -€5,221 to €31,593
- Taxes +€2,927
up €2,927 (+326%), from €898 to €3,825
- Financial charges -€2,509
down €2,509 (-62.0%), from €4,047 to €1,538
- Depreciation +€1,314
up €1,314 (+46.3%), from €2,838 to €4,151
- Other operating charges -€772
down €772 (-57.4%), from €1,345 to €573
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 | €239,495 | €258,070 | +€18,576 | +7.8% |
| Fixed assets | 21/28 | €5,074 | €5,562 | +€487 | +9.6% |
| Tangible fixed assets | 22/27 | €5,044 | €5,532 | +€487 | +9.7% |
| Furniture and vehicles | 24 | €5,044 | €5,532 | +€487 | +9.7% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €234,420 | €252,509 | +€18,089 | +7.7% |
| Amounts receivable within one year | 40/41 | €17,776 | €33,170 | +€15,394 | +86.6% |
| Trade receivables | 40 | €16,186 | €14,065 | -€2,121 | -13.1% |
| Other amounts receivable | 41 | €1,590 | €19,104 | +€17,514 | +1,101% |
| Current investments | 50/53 | €139,675 | €0 | -€139,675 | -100% |
| Cash at bank and in hand | 54/58 | €75,390 | €217,536 | +€142,146 | +189% |
| Deferred charges and accrued income | 490/1 | €1,579 | €1,803 | +€224 | +14.2% |
| Total equity and liabilities | 10/49 | €239,495 | €258,070 | +€18,576 | +7.8% |
| Equity | 10/15 | €228,400 | €250,833 | +€22,433 | +9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €152,918 | €175,352 | +€22,433 | +14.7% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €143,063 | €165,497 | +€22,433 | +15.7% |
| Profit (loss) carried forward | 14 | €69,282 | €69,282 | = | 0.0% |
| Amounts payable | 17/49 | €11,095 | €7,237 | -€3,858 | -34.8% |
| Amounts payable within one year | 42/48 | €11,095 | €7,237 | -€3,858 | -34.8% |
| Trade debts | 44 | €6,836 | €1,244 | -€5,592 | -81.8% |
| Suppliers | 440/4 | €6,836 | €1,244 | -€5,592 | -81.8% |
| Taxes, remuneration and social security | 45 | €4,259 | €5,993 | +€1,734 | +40.7% |
| Taxes | 450/3 | €4,259 | €5,993 | +€1,734 | +40.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,838 | €4,151 | +€1,314 | +46.3% |
| Other operating charges | 640/8 | €1,345 | €573 | -€772 | -57.4% |
| Gross operating margin | 9900 | -€5,221 | €31,593 | +€36,814 | |
| Operating profit (loss) | 9901 | -€9,403 | €26,869 | +€36,272 | |
| Financial income | 75/76B | €1,603 | €928 | -€675 | -42.1% |
| Recurring financial income | 75 | €1,603 | €928 | -€675 | -42.1% |
| Financial charges | 65/66B | €4,047 | €1,538 | -€2,509 | -62.0% |
| Recurring financial charges | 65 | €4,047 | €1,538 | -€2,509 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,848 | €26,258 | +€38,106 | |
| Income taxes | 67/77 | €898 | €3,825 | +€2,927 | +326% |
| Profit (loss) for the period | 9904 | -€12,746 | €22,433 | +€35,179 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,746 | €22,433 | +€35,179 |
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 18 October 2026 via checked.be.