BIO-PELLETS: what changed
Two fiscal 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-PELLETS
Largest movements
- Receivables within one year +€10,455
up €10,455 (+10.5%), from €99,701 to €110,156
- Cash +€2,173
up €2,173 (+27.6%), from €7,880 to €10,053
mainly Net result for the year (+€12,357) and Current investments (+€1,735)
- Current investments -€1,735
no longer reported in 2008 (was €1,735)
- Financial fixed assets -€1,565
no longer reported in 2008 (was €1,565)
- Reserves +€7,845
up €7,845 (+9.2%), from €85,550 to €93,395
- Debts within one year +€1,227
up €1,227 (+16.3%), from €7,507 to €8,734
- Gross operating margin +€1,980
up €1,980 (+58.2%), from €3,403 to €5,383
- Taxes +€947
up €947 (+288.7%), from €328 to €1,275
From the 2007 result to the 2008 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.
Cash bridge derived
Derived from the 2007 and 2008 balance sheets and the 2008 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2007 | 2008 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,649 | €120,721 | +€9,072 | +8.1% |
| Fixed assets | 21/28 | €2,333 | €512 | -€1,821 | -78.1% |
| Tangible fixed assets | 22/27 | €768 | €512 | -€256 | -33.3% |
| Financial fixed assets | 28 | €1,565 | - | -€1,565 | |
| Current assets | 29/58 | €109,316 | €120,209 | +€10,893 | +10.0% |
| Amounts receivable within one year | 40/41 | €99,701 | €110,156 | +€10,455 | +10.5% |
| Current investments | 50/53 | €1,735 | - | -€1,735 | |
| Cash at bank and in hand | 54/58 | €7,880 | €10,053 | +€2,173 | +27.6% |
| Total equity and liabilities | 10/49 | €111,649 | €120,721 | +€9,072 | +8.1% |
| Equity | 10/15 | €104,142 | €111,987 | +€7,845 | +7.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €85,550 | €93,395 | +€7,845 | +9.2% |
| Amounts payable | 17/49 | €7,507 | €8,734 | +€1,227 | +16.3% |
| Amounts payable within one year | 42/48 | €7,507 | €8,734 | +€1,227 | +16.3% |
| Trade debts | 44 | €139 | €97 | -€42 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256 | €256 | = | 0.0% |
| Gross operating margin | 9900 | €3,403 | €5,383 | +€1,980 | +58.2% |
| Operating profit (loss) | 9901 | €1,964 | €4,114 | +€2,150 | +109.5% |
| Recurring financial income | 75 | €6,755 | €9,645 | +€2,890 | +42.8% |
| Recurring financial charges | 65 | €52 | €27 | -€25 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €8,617 | €13,632 | +€5,015 | +58.2% |
| Income taxes | 67/77 | €328 | €1,275 | +€947 | +288.7% |
| Profit (loss) for the period | 9904 | €8,289 | €12,357 | +€4,068 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,289 | €12,357 | +€4,068 | +49.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2007 and 31 December 2008. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.