BIOAGAR: 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.
BIOAGAR
Largest movements
- Cash +€82,737
up €82,737 (+27.6%), from €300,246 to €382,983
mainly Other debts (+€61,835) and Net result for the year (+€27,414)
- Stocks and contracts +€9,639
up €9,639 (+14.0%), from €68,651 to €78,291
- Tangible fixed assets -€6,784
down €6,784 (-4.3%), from €156,228 to €149,445
of which Furniture and vehicles: -€5,140
- Other debts +€61,835
up €61,835 (+36.2%), from €170,883 to €232,718
- Reserves +€27,414
up €27,414 (+7.6%), from €359,050 to €386,464
of which Distributable reserves: +€27,414
- Gross operating margin -€53,027
down €53,027 (-46.0%), from €115,328 to €62,300
- Depreciation -€25,270
down €25,270 (-78.8%), from €32,053 to €6,784
- Taxes -€8,019
down €8,019 (-40.5%), from €19,800 to €11,781
- Financial charges +€1,614
up €1,614 (+12.9%), from €12,476 to €14,091
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 | €586,562 | €665,712 | +€79,150 | +13.5% |
| Fixed assets | 21/28 | €157,628 | €150,845 | -€6,784 | -4.3% |
| Tangible fixed assets | 22/27 | €156,228 | €149,445 | -€6,784 | -4.3% |
| Land and buildings | 22 | €130,961 | €130,961 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,367 | €3,724 | -€1,643 | -30.6% |
| Furniture and vehicles | 24 | €19,901 | €14,761 | -€5,140 | -25.8% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €428,934 | €514,868 | +€85,934 | +20.0% |
| Stocks and contracts in progress | 3 | €68,651 | €78,291 | +€9,639 | +14.0% |
| Stocks | 30/36 | €68,651 | €78,291 | +€9,639 | +14.0% |
| Amounts receivable within one year | 40/41 | €60,036 | €53,594 | -€6,442 | -10.7% |
| Trade receivables | 40 | €59,876 | €50,335 | -€9,541 | -15.9% |
| Other amounts receivable | 41 | €160 | €3,259 | +€3,098 | +1933.7% |
| Cash at bank and in hand | 54/58 | €300,246 | €382,983 | +€82,737 | +27.6% |
| Total equity and liabilities | 10/49 | €586,562 | €665,712 | +€79,150 | +13.5% |
| Equity | 10/15 | €377,650 | €405,064 | +€27,414 | +7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €359,050 | €386,464 | +€27,414 | +7.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €357,190 | €384,604 | +€27,414 | +7.7% |
| Amounts payable | 17/49 | €208,912 | €260,649 | +€51,737 | +24.8% |
| Amounts payable within one year | 42/48 | €208,912 | €260,649 | +€51,737 | +24.8% |
| Trade debts | 44 | €13,572 | €7,795 | -€5,777 | -42.6% |
| Suppliers | 440/4 | €13,572 | €7,795 | -€5,777 | -42.6% |
| Taxes, remuneration and social security | 45 | €24,456 | €20,135 | -€4,321 | -17.7% |
| Taxes | 450/3 | €24,456 | €20,135 | -€4,321 | -17.7% |
| Other amounts payable | 47/48 | €170,883 | €232,718 | +€61,835 | +36.2% |
| Non-recurring operating income | 76A | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,053 | €6,784 | -€25,270 | -78.8% |
| Other operating charges | 640/8 | €2,601 | €2,397 | -€204 | -7.8% |
| Gross operating margin | 9900 | €115,328 | €62,300 | -€53,027 | -46.0% |
| Operating profit (loss) | 9901 | €80,674 | €53,120 | -€27,554 | -34.2% |
| Financial income | 75/76B | - | €165 | +€165 | |
| Recurring financial income | 75 | - | €165 | +€165 | |
| Financial charges | 65/66B | €12,476 | €14,091 | +€1,614 | +12.9% |
| Recurring financial charges | 65 | €12,476 | €14,091 | +€1,614 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €68,198 | €39,195 | -€29,003 | -42.5% |
| Income taxes | 67/77 | €19,800 | €11,781 | -€8,019 | -40.5% |
| Profit (loss) for the period | 9904 | €48,398 | €27,414 | -€20,984 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,398 | €27,414 | -€20,984 | -43.4% |
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 6 October 2026 via checked.be.