BIOFINANCE CONSULTING: 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.
BIOFINANCE CONSULTING
Largest movements
- Cash +€50,572
up €50,572 (+161%), from €31,428 to €82,001
mainly Net result for the year (+€74,045) and Other debts (+€25,000)
- Reserves +€74,000
up €74,000 (+18.7%), from €396,191 to €470,191
of which Distributable reserves: +€74,000
- Tax, wage and social debts -€52,145
down €52,145 (-53.7%), from €97,057 to €44,913
of which Taxes: -€50,145
- Other debts +€25,000
up €25,000 (+62.5%), from €40,000 to €65,000
- Current portion of long-term debt +€15,238
up €15,238, from €0 to €15,238
- Short-term financial debts -€9,879
down €9,879 (-55.6%), from €17,778 to €7,899
- Turnover +€28,349
up €28,349 (+11.0%), from €257,326 to €285,675
- Purchases and services +€25,824
up €25,824 (+16.5%), from €156,562 to €182,386
- Financial income +€3,710
up €3,710 (+108%), from €3,424 to €7,135
From the 2023 result to the 2024 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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €573,095 | €627,509 | +€54,414 | +9.5% |
| Fixed assets | 21/28 | €388,017 | €385,571 | -€2,446 | -0.6% |
| Tangible fixed assets | 22/27 | €25,291 | €22,845 | -€2,446 | -9.7% |
| Furniture and vehicles | 24 | €16,291 | €13,845 | -€2,446 | -15.0% |
| Other tangible fixed assets | 26 | €9,000 | €9,000 | = | 0.0% |
| Financial fixed assets | 28 | €362,726 | €362,726 | = | 0.0% |
| Current assets | 29/58 | €185,078 | €241,938 | +€56,860 | +30.7% |
| Amounts receivable within one year | 40/41 | €153,540 | €159,594 | +€6,054 | +3.9% |
| Trade receivables | 40 | €42,686 | €36,351 | -€6,335 | -14.8% |
| Other amounts receivable | 41 | €110,854 | €123,242 | +€12,388 | +11.2% |
| Cash at bank and in hand | 54/58 | €31,428 | €82,001 | +€50,572 | +161% |
| Deferred charges and accrued income | 490/1 | €110 | €344 | +€234 | +213% |
| Total equity and liabilities | 10/49 | €573,095 | €627,509 | +€54,414 | +9.5% |
| Equity | 10/15 | €414,791 | €488,836 | +€74,045 | +17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €396,191 | €470,191 | +€74,000 | +18.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €396,191 | €470,191 | +€74,000 | +18.7% |
| Profit (loss) carried forward | 14 | - | €45 | +€45 | |
| Amounts payable | 17/49 | €158,305 | €138,673 | -€19,632 | -12.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €158,305 | €138,673 | -€19,632 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €15,238 | +€15,238 | |
| Financial debts | 43 | €17,778 | €7,899 | -€9,879 | -55.6% |
| Credit institutions | 430/8 | €17,778 | €7,899 | -€9,879 | -55.6% |
| Trade debts | 44 | €3,469 | €5,623 | +€2,154 | +62.1% |
| Suppliers | 440/4 | €3,469 | €5,623 | +€2,154 | +62.1% |
| Taxes, remuneration and social security | 45 | €97,057 | €44,913 | -€52,145 | -53.7% |
| Taxes | 450/3 | €95,057 | €44,913 | -€50,145 | -52.8% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €40,000 | €65,000 | +€25,000 | +62.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €257,326 | €285,675 | +€28,349 | +11.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €156,562 | €182,386 | +€25,824 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,980 | €2,446 | -€1,533 | -38.5% |
| Other operating charges | 640/8 | €2,402 | €2,136 | -€265 | -11.0% |
| Gross operating margin | 9900 | €114,542 | €113,673 | -€869 | -0.8% |
| Operating profit (loss) | 9901 | €108,161 | €109,090 | +€930 | +0.9% |
| Financial income | 75/76B | €3,424 | €7,135 | +€3,710 | +108% |
| Recurring financial income | 75 | €3,424 | €7,135 | +€3,710 | +108% |
| Financial charges | 65/66B | €3,715 | €2,819 | -€896 | -24.1% |
| Recurring financial charges | 65 | €3,715 | €2,819 | -€896 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €107,870 | €113,407 | +€5,536 | +5.1% |
| Income taxes | 67/77 | €39,299 | €39,361 | +€62 | +0.2% |
| Profit (loss) for the period | 9904 | €68,571 | €74,045 | +€5,474 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,571 | €74,045 | +€5,474 | +8.0% |
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 28 October 2026 via checked.be.