BIO-ZEN: 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-ZEN
Largest movements
- Tangible fixed assets +€31,806
up €31,806 (+122.0%), from €26,076 to €57,881
of which Plant, machinery and equipment: +€32,319
- Cash +€28,820
up €28,820 (+239.7%), from €12,026 to €40,845
mainly Debts after one year (+€47,821) and Net result for the year (+€14,027)
- Stocks and contracts +€3,092
up €3,092 (+2.9%), from €106,644 to €109,735
- Receivables within one year +€2,271
up €2,271 (+187.7%), from €1,210 to €3,481
of which Other amounts receivable: +€2,956
- Debts after one year +€47,821
up €47,821, from €0 to €47,821
- Reserves +€13,000
up €13,000 (+31.0%), from €42,000 to €55,000
- Trade debts +€11,772
up €11,772 (+21.4%), from €54,893 to €66,665
- Current portion of long-term debt -€4,141
down €4,141 (-43.1%), from €9,615 to €5,473
- Gross operating margin -€19,271
down €19,271 (-34.9%), from €55,146 to €35,875
- Taxes -€3,456
down €3,456 (-74.4%), from €4,645 to €1,189
- Other operating charges -€1,929
down €1,929 (-61.2%), from €3,153 to €1,224
- Depreciation +€1,019
up €1,019 (+11.8%), from €8,612 to €9,631
- Staff costs +€856
up €856 (+17.3%), from €4,945 to €5,801
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 | €147,726 | €213,139 | +€65,413 | +44.3% |
| Fixed assets | 21/28 | €26,456 | €58,261 | +€31,806 | +120.2% |
| Tangible fixed assets | 22/27 | €26,076 | €57,881 | +€31,806 | +122.0% |
| Plant, machinery and equipment | 23 | €24,752 | €57,071 | +€32,319 | +130.6% |
| Furniture and vehicles | 24 | €1,324 | €810 | -€514 | -38.8% |
| Financial fixed assets | 28 | €380 | €380 | = | 0.0% |
| Current assets | 29/58 | €121,270 | €154,878 | +€33,608 | +27.7% |
| Stocks and contracts in progress | 3 | €106,644 | €109,735 | +€3,092 | +2.9% |
| Stocks | 30/36 | €106,644 | €109,735 | +€3,092 | +2.9% |
| Amounts receivable within one year | 40/41 | €1,210 | €3,481 | +€2,271 | +187.7% |
| Trade receivables | 40 | €855 | €170 | -€685 | -80.1% |
| Other amounts receivable | 41 | €355 | €3,311 | +€2,956 | +832.3% |
| Cash at bank and in hand | 54/58 | €12,026 | €40,845 | +€28,820 | +239.7% |
| Deferred charges and accrued income | 490/1 | €1,391 | €816 | -€575 | -41.3% |
| Total equity and liabilities | 10/49 | €147,726 | €213,139 | +€65,413 | +44.3% |
| Equity | 10/15 | €62,686 | €75,047 | +€12,361 | +19.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €42,000 | €55,000 | +€13,000 | +31.0% |
| Distributable reserves | 133 | €42,000 | €55,000 | +€13,000 | +31.0% |
| Profit (loss) carried forward | 14 | €686 | €47 | -€639 | -93.2% |
| Amounts payable | 17/49 | €85,040 | €138,092 | +€53,053 | +62.4% |
| Amounts payable after more than one year | 17 | €0 | €47,821 | +€47,821 | |
| Financial debts | 170/4 | €0 | €47,821 | +€47,821 | |
| Amounts payable within one year | 42/48 | €83,495 | €90,269 | +€6,774 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €9,615 | €5,473 | -€4,141 | -43.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €54,893 | €66,665 | +€11,772 | +21.4% |
| Suppliers | 440/4 | €54,893 | €66,665 | +€11,772 | +21.4% |
| Advances received on contracts in progress | 46 | €630 | €400 | -€230 | -36.5% |
| Taxes, remuneration and social security | 45 | €9,293 | €9,653 | +€360 | +3.9% |
| Taxes | 450/3 | €4,703 | €5,728 | +€1,026 | +21.8% |
| Remuneration and social security | 454/9 | €4,590 | €3,925 | -€665 | -14.5% |
| Other amounts payable | 47/48 | €9,065 | €8,078 | -€987 | -10.9% |
| Accrued charges and deferred income | 492/3 | €1,545 | €3 | -€1,542 | -99.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €4,945 | €5,801 | +€856 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,612 | €9,631 | +€1,019 | +11.8% |
| Other operating charges | 640/8 | €3,153 | €1,224 | -€1,929 | -61.2% |
| Gross operating margin | 9900 | €55,146 | €35,875 | -€19,271 | -34.9% |
| Operating profit (loss) | 9901 | €38,436 | €19,219 | -€19,216 | -50.0% |
| Financial income | 75/76B | €106 | €9 | -€97 | -91.5% |
| Recurring financial income | 75 | €106 | €9 | -€97 | -91.5% |
| Financial charges | 65/66B | €3,927 | €4,013 | +€86 | +2.2% |
| Recurring financial charges | 65 | €3,927 | €4,013 | +€86 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €34,614 | €15,215 | -€19,399 | -56.0% |
| Income taxes | 67/77 | €4,645 | €1,189 | -€3,456 | -74.4% |
| Profit (loss) for the period | 9904 | €29,969 | €14,027 | -€15,943 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,969 | €14,027 | -€15,943 | -53.2% |
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 12 October 2026 via checked.be.