BIOCOTECH: 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.
BIOCOTECH
Largest movements
- Tangible fixed assets +€417,299
up €417,299 (+17.1%), from €2.4m to €2.9m
of which Land and buildings: +€303,981
- Cash +€319,676
up €319,676 (+265.9%), from €120,210 to €439,885
mainly Debts after one year (+€428,171) and Net result for the year (+€218,778)
- Current investments -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Receivables after one year +€175,500
up €175,500 (+211.0%), from €83,184 to €258,684
- Debts after one year +€428,171
up €428,171 (+24.8%), from €1.7m to €2.2m
- Short-term financial debts +€155,610
new in 2025: €155,610
- Reserves +€98,328
up €98,328 (+7.8%), from €1.3m to €1.4m
of which Distributable reserves: +€100,188
- Depreciation -€219,153
down €219,153 (-72.1%), from €303,888 to €84,736
- Gross operating margin -€51,460
down €51,460 (-10.5%), from €492,175 to €440,715
- Financial charges +€36,393
up €36,393 (+103.9%), from €35,034 to €71,427
- Financial income -€19,216
down €19,216 (-78.6%), from €24,438 to €5,222
- Taxes +€6,745
up €6,745 (+12.7%), from €53,036 to €59,782
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 | €3,231,360 | €3,952,443 | +€721,083 | +22.3% |
| Fixed assets | 21/28 | €2,639,159 | €3,056,458 | +€417,299 | +15.8% |
| Tangible fixed assets | 22/27 | €2,439,159 | €2,856,458 | +€417,299 | +17.1% |
| Land and buildings | 22 | €2,360,590 | €2,664,571 | +€303,981 | +12.9% |
| Plant, machinery and equipment | 23 | €11,505 | €16,584 | +€5,079 | +44.1% |
| Furniture and vehicles | 24 | €10,764 | €7,058 | -€3,706 | -34.4% |
| Leasing and similar rights | 25 | €56,299 | €168,244 | +€111,944 | +198.8% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €592,201 | €895,985 | +€303,784 | +51.3% |
| Amounts receivable after more than one year | 29 | €83,184 | €258,684 | +€175,500 | +211.0% |
| Other amounts receivable | 291 | €83,184 | €258,684 | +€175,500 | +211.0% |
| Amounts receivable within one year | 40/41 | €182,451 | €192,736 | +€10,285 | +5.6% |
| Trade receivables | 40 | €179,216 | €42,800 | -€136,416 | -76.1% |
| Other amounts receivable | 41 | €3,235 | €149,936 | +€146,701 | +4534.8% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €120,210 | €439,885 | +€319,676 | +265.9% |
| Deferred charges and accrued income | 490/1 | €6,357 | €4,680 | -€1,677 | -26.4% |
| Total equity and liabilities | 10/49 | €3,231,360 | €3,952,443 | +€721,083 | +22.3% |
| Equity | 10/15 | €1,271,747 | €1,370,076 | +€98,328 | +7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,265,547 | €1,363,876 | +€98,328 | +7.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €1,263,687 | €1,363,876 | +€100,188 | +7.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,959,613 | €2,582,367 | +€622,755 | +31.8% |
| Amounts payable after more than one year | 17 | €1,729,970 | €2,158,141 | +€428,171 | +24.8% |
| Financial debts | 170/4 | €1,729,970 | €2,158,141 | +€428,171 | +24.8% |
| Amounts payable within one year | 42/48 | €229,643 | €422,047 | +€192,404 | +83.8% |
| Current portion of amounts payable after more than one year | 42 | €157,646 | €180,753 | +€23,107 | +14.7% |
| Financial debts | 43 | - | €155,610 | +€155,610 | |
| Credit institutions | 430/8 | - | €155,610 | +€155,610 | |
| Trade debts | 44 | €2,061 | €10,479 | +€8,418 | +408.4% |
| Suppliers | 440/4 | €2,061 | €10,479 | +€8,418 | +408.4% |
| Taxes, remuneration and social security | 45 | €51,122 | €22,594 | -€28,528 | -55.8% |
| Taxes | 450/3 | €47,564 | €22,594 | -€24,970 | -52.5% |
| Remuneration and social security | 454/9 | €3,559 | €0 | -€3,559 | -100.0% |
| Other amounts payable | 47/48 | €18,814 | €52,611 | +€33,797 | +179.6% |
| Accrued charges and deferred income | 492/3 | €0 | €2,179 | +€2,179 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €303,888 | €84,736 | -€219,153 | -72.1% |
| Other operating charges | 640/8 | €10,672 | €11,215 | +€543 | +5.1% |
| Gross operating margin | 9900 | €492,175 | €440,715 | -€51,460 | -10.5% |
| Operating profit (loss) | 9901 | €177,614 | €344,764 | +€167,150 | +94.1% |
| Financial income | 75/76B | €24,438 | €5,222 | -€19,216 | -78.6% |
| Recurring financial income | 75 | €24,438 | €5,222 | -€19,216 | -78.6% |
| Financial charges | 65/66B | €35,034 | €71,427 | +€36,393 | +103.9% |
| Recurring financial charges | 65 | €35,034 | €71,427 | +€36,393 | +103.9% |
| Profit (loss) for the period before taxes | 9903 | €167,018 | €278,559 | +€111,541 | +66.8% |
| Income taxes | 67/77 | €53,036 | €59,782 | +€6,745 | +12.7% |
| Profit (loss) for the period | 9904 | €113,982 | €218,778 | +€104,796 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €113,982 | €218,778 | +€104,796 | +91.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.