BIO - PROTECT: 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 - PROTECT
Largest movements
- Cash +€612,164
up €612,164 (+742.1%), from €82,490 to €694,653
mainly Current investments (+€300,000) and Other debts (+€267,442)
- Current investments -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Receivables within one year +€166,606
up €166,606 (+36.6%), from €455,381 to €621,986
of which Trade receivables: +€114,943
- Tangible fixed assets -€27,503
down €27,503 (-6.1%), from €448,009 to €420,506
of which Land and buildings: -€25,690
- Other debts +€267,442
up €267,442 (+516.7%), from €51,761 to €319,202
- Tax, wage and social debts +€180,731
up €180,731 (+136.0%), from €132,873 to €313,605
of which Remuneration and social security: +€94,235
- Trade debts +€92,927
up €92,927 (+146.8%), from €63,286 to €156,213
- Profit (loss) carried forward -€40,666
down €40,666 (-9.0%), from €453,618 to €412,952
- Advances received -€32,364
down €32,364 (-21.8%), from €148,302 to €115,938
- Staff costs +€304,189
up €304,189 (+45.6%), from €667,161 to €971,350
- Gross operating margin +€301,527
up €301,527 (+28.2%), from €1.1m to €1.4m
- Write-downs -€68,889
down €68,889, from €65,000 to -€3,889
- Provisions -€43,236
down €43,236, from €23,000 to -€20,236
- Taxes +€37,781
up €37,781 (+72.8%), from €51,921 to €89,702
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.
Cash bridge derived
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 | €1,331,761 | €1,784,691 | +€452,930 | +34.0% |
| Fixed assets | 21/28 | €471,416 | €448,700 | -€22,715 | -4.8% |
| Intangible fixed assets | 21 | €416 | €275 | -€140 | -33.8% |
| Tangible fixed assets | 22/27 | €448,009 | €420,506 | -€27,503 | -6.1% |
| Land and buildings | 22 | €234,570 | €208,880 | -€25,690 | -11.0% |
| Plant, machinery and equipment | 23 | €76,174 | €69,679 | -€6,494 | -8.5% |
| Furniture and vehicles | 24 | €118,267 | €122,949 | +€4,682 | +4.0% |
| Other tangible fixed assets | 26 | €18,998 | €18,998 | = | 0.0% |
| Financial fixed assets | 28 | €22,992 | €27,919 | +€4,928 | +21.4% |
| Current assets | 29/58 | €860,345 | €1,335,991 | +€475,646 | +55.3% |
| Stocks and contracts in progress | 3 | €19,568 | €7,500 | -€12,068 | -61.7% |
| Stocks | 30/36 | €19,568 | €7,500 | -€12,068 | -61.7% |
| Amounts receivable within one year | 40/41 | €455,381 | €621,986 | +€166,606 | +36.6% |
| Trade receivables | 40 | €274,535 | €389,478 | +€114,943 | +41.9% |
| Other amounts receivable | 41 | €180,845 | €232,508 | +€51,663 | +28.6% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €82,490 | €694,653 | +€612,164 | +742.1% |
| Deferred charges and accrued income | 490/1 | €2,907 | €11,851 | +€8,944 | +307.7% |
| Total equity and liabilities | 10/49 | €1,331,761 | €1,784,691 | +€452,930 | +34.0% |
| Equity | 10/15 | €718,618 | €677,952 | -€40,666 | -5.7% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €453,618 | €412,952 | -€40,666 | -9.0% |
| Provisions and deferred taxes | 16 | €35,000 | €14,764 | -€20,236 | -57.8% |
| Provisions for liabilities and charges | 160/5 | €35,000 | €14,764 | -€20,236 | -57.8% |
| Other liabilities and charges | 164/5 | €35,000 | €14,764 | -€20,236 | -57.8% |
| Amounts payable | 17/49 | €578,143 | €1,091,976 | +€513,832 | +88.9% |
| Amounts payable after more than one year | 17 | €122,643 | €102,395 | -€20,249 | -16.5% |
| Financial debts | 170/4 | €121,143 | €100,895 | -€20,249 | -16.7% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €454,449 | €967,560 | +€513,111 | +112.9% |
| Current portion of amounts payable after more than one year | 42 | €58,227 | €62,602 | +€4,375 | +7.5% |
| Trade debts | 44 | €63,286 | €156,213 | +€92,927 | +146.8% |
| Suppliers | 440/4 | €63,286 | €156,213 | +€92,927 | +146.8% |
| Advances received on contracts in progress | 46 | €148,302 | €115,938 | -€32,364 | -21.8% |
| Taxes, remuneration and social security | 45 | €132,873 | €313,605 | +€180,731 | +136.0% |
| Taxes | 450/3 | €52,160 | €138,656 | +€86,496 | +165.8% |
| Remuneration and social security | 454/9 | €80,713 | €174,949 | +€94,235 | +116.8% |
| Other amounts payable | 47/48 | €51,761 | €319,202 | +€267,442 | +516.7% |
| Accrued charges and deferred income | 492/3 | €1,051 | €22,021 | +€20,970 | +1995.3% |
| Non-recurring operating income | 76A | €20,366 | €0 | -€20,366 | -100.0% |
| Remuneration, social security and pensions | 62 | €667,161 | €971,350 | +€304,189 | +45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,036 | €112,637 | -€5,399 | -4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €65,000 | -€3,889 | -€68,889 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €23,000 | -€20,236 | -€43,236 | |
| Other operating charges | 640/8 | €22,643 | €16,460 | -€6,183 | -27.3% |
| Gross operating margin | 9900 | €1,068,555 | €1,370,081 | +€301,527 | +28.2% |
| Operating profit (loss) | 9901 | €172,715 | €293,760 | +€121,045 | +70.1% |
| Financial income | 75/76B | €7,446 | €15,846 | +€8,400 | +112.8% |
| Recurring financial income | 75 | €7,446 | €15,846 | +€8,400 | +112.8% |
| Financial charges | 65/66B | €9,252 | €10,569 | +€1,318 | +14.2% |
| Recurring financial charges | 65 | €9,252 | €10,569 | +€1,318 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €170,909 | €299,036 | +€128,127 | +75.0% |
| Income taxes | 67/77 | €51,921 | €89,702 | +€37,781 | +72.8% |
| Profit (loss) for the period | 9904 | €118,988 | €209,334 | +€90,346 | +75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €118,988 | €209,334 | +€90,346 | +75.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.