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BIOBALANCE: 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.

What changed

BIOBALANCE

BE 0893.753.149
NACE 37.000, Sewerage
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€28,395
2023 · €41,534-€13,139
Equity
€351,951
2023 · €345,556+€6,395
Cash
€409,021
2023 · €353,231+€55,790
Balance sheet total
€438,978
2023 · €406,857+€32,121

Largest movements

2023 to 2024
Assets
  • Cash +€55,790

    up €55,790 (+15.8%), from €353,231 to €409,021

    mainly Receivables within one year (+€32,041) and Net result for the year (+€28,395)

  • Receivables within one year -€32,041

    down €32,041 (-66.1%), from €48,497 to €16,456

  • Tangible fixed assets +€8,968

    up €8,968 (+199%), from €4,508 to €13,475

    of which Plant, machinery and equipment: +€8,555

Equity and liabilities
  • Debts after one year +€19,394

    up €19,394 (+129%), from €15,061 to €34,455

  • Reserves +€6,000

    up €6,000 (+4.2%), from €141,750 to €147,750

    of which Distributable reserves: +€6,000

Income statement
  • Gross operating margin -€22,770

    down €22,770 (-36.4%), from €62,604 to €39,834

  • Taxes -€9,052

    down €9,052 (-56.0%), from €16,158 to €7,106

  • Financial income +€1,605

    new in 2024: €1,605

  • Depreciation +€650

    up €650 (+16.7%), from €3,882 to €4,532

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €41,534
Gross operating margin -€22,770
Depreciation -€650
Other operating charges -€371
Financial income +€1,605
Financial charges -€4
Taxes +€9,052
Result 2024 €28,395
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€71,896
Investment -€13,500
Financing -€2,606
Cash 2023 €353,231
Net result for the year +€28,395
Depreciation +€4,532
Receivables within one year +€32,041
Deferred charges and accrued income +€595
Trade debts +€3,009
Tax, wage and social debts +€3,222
Other debts +€100
Investment in fixed assets (net) -€13,500
Debts after one year +€19,394
Contributions, distributions and other -€22,000
Cash 2024 €409,021
brings cash intakes cash out
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €406,857 €438,978 +€32,121 +7.9%
Fixed assets 21/28 €4,533 €13,500 +€8,968 +198%
Tangible fixed assets 22/27 €4,508 €13,475 +€8,968 +199%
Plant, machinery and equipment 23 €2,849 €11,404 +€8,555 +300%
Furniture and vehicles 24 €1,659 €2,072 +€413 +24.9%
Financial fixed assets 28 €25 €25 = 0.0%
Current assets 29/58 €402,324 €425,477 +€23,153 +5.8%
Amounts receivable within one year 40/41 €48,497 €16,456 -€32,041 -66.1%
Trade receivables 40 €48,497 €16,456 -€32,041 -66.1%
Cash at bank and in hand 54/58 €353,231 €409,021 +€55,790 +15.8%
Deferred charges and accrued income 490/1 €595 - -€595
Total equity and liabilities 10/49 €406,857 €438,978 +€32,121 +7.9%
Equity 10/15 €345,556 €351,951 +€6,395 +1.9%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €141,750 €147,750 +€6,000 +4.2%
Tax-exempt reserves 132 €33,750 €33,750 = 0.0%
Distributable reserves 133 €108,000 €114,000 +€6,000 +5.6%
Profit (loss) carried forward 14 €185,206 €185,601 +€395 +0.2%
Amounts payable 17/49 €61,301 €87,027 +€25,725 +42.0%
Amounts payable after more than one year 17 €15,061 €34,455 +€19,394 +129%
Other amounts payable 178/9 €15,061 €34,455 +€19,394 +129%
Amounts payable within one year 42/48 €46,240 €52,571 +€6,331 +13.7%
Trade debts 44 €5,805 €8,814 +€3,009 +51.8%
Suppliers 440/4 €5,805 €8,814 +€3,009 +51.8%
Taxes, remuneration and social security 45 €19,635 €22,857 +€3,222 +16.4%
Taxes 450/3 €19,635 €18,308 -€1,327 -6.8%
Remuneration and social security 454/9 - €4,549 +€4,549
Other amounts payable 47/48 €20,800 €20,900 +€100 +0.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,882 €4,532 +€650 +16.7%
Other operating charges 640/8 €945 €1,317 +€371 +39.3%
Gross operating margin 9900 €62,604 €39,834 -€22,770 -36.4%
Operating profit (loss) 9901 €57,776 €33,985 -€23,791 -41.2%
Financial income 75/76B - €1,605 +€1,605
Recurring financial income 75 - €1,605 +€1,605
Financial charges 65/66B €84 €89 +€4 +5.3%
Recurring financial charges 65 €84 €89 +€4 +5.3%
Profit (loss) for the period before taxes 9903 €57,692 €35,501 -€22,191 -38.5%
Income taxes 67/77 €16,158 €7,106 -€9,052 -56.0%
Profit (loss) for the period 9904 €41,534 €28,395 -€13,139 -31.6%
Profit (loss) for the period to be appropriated 9905 €41,534 €28,395 -€13,139 -31.6%

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.