BIO-ZES: 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-ZES
Largest movements
- Receivables within one year +€52,867
up €52,867 (+65.0%), from €81,307 to €134,174
of which Trade receivables: +€52,867
- Tangible fixed assets -€44,145
down €44,145 (-18.4%), from €239,613 to €195,468
of which Land and buildings: -€31,058
- Cash -€25,212
down €25,212 (-55.6%), from €45,345 to €20,133
mainly Receivables within one year (-€52,867) and Debts after one year (-€24,300)
- Profit (loss) carried forward +€25,458
up €25,458 (+35.2%), from €72,349 to €97,807
- Debts after one year -€24,300
down €24,300 (-76.7%), from €31,676 to €7,376
- Accrued charges and deferred income -€5,422
down €5,422 (-90.5%), from €5,993 to €570
- Trade debts -€4,843
down €4,843 (-26.2%), from €18,451 to €13,608
- Tax, wage and social debts -€4,809
down €4,809 (-28.6%), from €16,812 to €12,003
- Gross operating margin +€59,402
up €59,402 (+490.0%), from €12,122 to €71,525
- Depreciation -€2,639
down €2,639 (-5.6%), from €46,784 to €44,145
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 | €372,677 | €354,411 | -€18,266 | -4.9% |
| Fixed assets | 21/28 | €239,752 | €195,607 | -€44,145 | -18.4% |
| Tangible fixed assets | 22/27 | €239,613 | €195,468 | -€44,145 | -18.4% |
| Land and buildings | 22 | €177,565 | €146,507 | -€31,058 | -17.5% |
| Plant, machinery and equipment | 23 | €11,320 | €9,169 | -€2,151 | -19.0% |
| Furniture and vehicles | 24 | €50,728 | €39,792 | -€10,936 | -21.6% |
| Financial fixed assets | 28 | €139 | €139 | = | 0.0% |
| Current assets | 29/58 | €132,925 | €158,803 | +€25,879 | +19.5% |
| Amounts receivable within one year | 40/41 | €81,307 | €134,174 | +€52,867 | +65.0% |
| Trade receivables | 40 | €80,983 | €133,850 | +€52,867 | +65.3% |
| Other amounts receivable | 41 | €324 | €324 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,345 | €20,133 | -€25,212 | -55.6% |
| Deferred charges and accrued income | 490/1 | €6,273 | €4,496 | -€1,777 | -28.3% |
| Total equity and liabilities | 10/49 | €372,677 | €354,411 | -€18,266 | -4.9% |
| Equity | 10/15 | €270,349 | €295,807 | +€25,458 | +9.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €138,000 | €138,000 | = | 0.0% |
| Distributable reserves | 133 | €138,000 | €138,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,349 | €97,807 | +€25,458 | +35.2% |
| Amounts payable | 17/49 | €102,328 | €58,604 | -€43,724 | -42.7% |
| Amounts payable after more than one year | 17 | €31,676 | €7,376 | -€24,300 | -76.7% |
| Financial debts | 170/4 | €31,676 | €7,376 | -€24,300 | -76.7% |
| Amounts payable within one year | 42/48 | €64,660 | €50,658 | -€14,001 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €28,649 | €24,300 | -€4,349 | -15.2% |
| Trade debts | 44 | €18,451 | €13,608 | -€4,843 | -26.2% |
| Suppliers | 440/4 | €18,451 | €13,608 | -€4,843 | -26.2% |
| Taxes, remuneration and social security | 45 | €16,812 | €12,003 | -€4,809 | -28.6% |
| Taxes | 450/3 | €16,812 | €12,003 | -€4,809 | -28.6% |
| Other amounts payable | 47/48 | €748 | €748 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,993 | €570 | -€5,422 | -90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,784 | €44,145 | -€2,639 | -5.6% |
| Other operating charges | 640/8 | €1,432 | €1,456 | +€24 | +1.7% |
| Gross operating margin | 9900 | €12,122 | €71,525 | +€59,402 | +490.0% |
| Operating profit (loss) | 9901 | -€36,094 | €25,924 | +€62,017 | |
| Financial income | 75/76B | €446 | €246 | -€200 | -44.8% |
| Recurring financial income | 75 | €446 | €246 | -€200 | -44.8% |
| Financial charges | 65/66B | €884 | €618 | -€266 | -30.0% |
| Recurring financial charges | 65 | €884 | €618 | -€266 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | -€36,531 | €25,552 | +€62,083 | |
| Income taxes | 67/77 | - | €93 | +€93 | |
| Profit (loss) for the period | 9904 | -€36,531 | €25,458 | +€61,989 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,531 | €25,458 | +€61,989 |
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 7 October 2026 via checked.be.