BIOGEM: 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.
BIOGEM
Largest movements
- Receivables within one year -€10,978
down €10,978 (-37.8%), from €29,068 to €18,090
of which Trade receivables: -€10,578
- Contributions +€120,000
up €120,000 (+48.3%), from €248,600 to €368,600
- Debts after one year -€120,000
no longer reported in 2025 (was €120,000)
- Profit (loss) carried forward -€16,446
down €16,446 (-5.2%), from -€315,024 to -€331,470
- Trade debts +€2,935
up €2,935 (+13.9%), from €21,141 to €24,075
- Staff costs +€6,851
up €6,851 (+7.9%), from €87,008 to €93,859
- Depreciation -€3,238
down €3,238 (-34.4%), from €9,409 to €6,171
- Financial charges +€3,205
up €3,205 (+1191.3%), from €269 to €3,474
of which Non-recurring financial charges: +€3,000
- Gross operating margin +€2,565
up €2,565 (+3.0%), from €86,421 to €88,985
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 | €195,541 | €183,013 | -€12,528 | -6.4% |
| Fixed assets | 21/28 | €130,217 | €129,276 | -€940 | -0.7% |
| Intangible fixed assets | 21 | €99,280 | €99,280 | = | 0.0% |
| Tangible fixed assets | 22/27 | €30,467 | €29,527 | -€940 | -3.1% |
| Land and buildings | 22 | €3,300 | €3,000 | -€300 | -9.1% |
| Plant, machinery and equipment | 23 | €8,187 | €6,412 | -€1,774 | -21.7% |
| Furniture and vehicles | 24 | - | €3,343 | +€3,343 | |
| Other tangible fixed assets | 26 | €18,980 | €16,772 | -€2,209 | -11.6% |
| Financial fixed assets | 28 | €469 | €469 | = | 0.0% |
| Current assets | 29/58 | €65,324 | €53,737 | -€11,587 | -17.7% |
| Stocks and contracts in progress | 3 | €26,933 | €25,676 | -€1,257 | -4.7% |
| Stocks | 30/36 | €26,933 | €25,676 | -€1,257 | -4.7% |
| Amounts receivable within one year | 40/41 | €29,068 | €18,090 | -€10,978 | -37.8% |
| Trade receivables | 40 | €28,054 | €17,476 | -€10,578 | -37.7% |
| Other amounts receivable | 41 | €1,013 | €614 | -€400 | -39.4% |
| Cash at bank and in hand | 54/58 | €6,337 | €6,611 | +€274 | +4.3% |
| Deferred charges and accrued income | 490/1 | €2,986 | €3,360 | +€373 | +12.5% |
| Total equity and liabilities | 10/49 | €195,541 | €183,013 | -€12,528 | -6.4% |
| Equity | 10/15 | -€66,424 | €37,130 | +€103,554 | |
| Contributions | 10/11 | €248,600 | €368,600 | +€120,000 | +48.3% |
| Profit (loss) carried forward | 14 | -€315,024 | -€331,470 | -€16,446 | -5.2% |
| Amounts payable | 17/49 | €261,965 | €145,883 | -€116,082 | -44.3% |
| Amounts payable after more than one year | 17 | €120,000 | - | -€120,000 | |
| Financial debts | 170/4 | €120,000 | - | -€120,000 | |
| Amounts payable within one year | 42/48 | €141,965 | €145,883 | +€3,918 | +2.8% |
| Financial debts | 43 | - | €416 | +€416 | |
| Credit institutions | 430/8 | - | €416 | +€416 | |
| Trade debts | 44 | €21,141 | €24,075 | +€2,935 | +13.9% |
| Suppliers | 440/4 | €21,141 | €24,075 | +€2,935 | +13.9% |
| Taxes, remuneration and social security | 45 | €5,906 | €6,663 | +€757 | +12.8% |
| Taxes | 450/3 | €259 | €1,690 | +€1,431 | +552.6% |
| Remuneration and social security | 454/9 | €5,647 | €4,973 | -€674 | -11.9% |
| Other amounts payable | 47/48 | €114,918 | €114,728 | -€190 | -0.2% |
| Remuneration, social security and pensions | 62 | €87,008 | €93,859 | +€6,851 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,409 | €6,171 | -€3,238 | -34.4% |
| Other operating charges | 640/8 | €2,479 | €1,929 | -€550 | -22.2% |
| Gross operating margin | 9900 | €86,421 | €88,985 | +€2,565 | +3.0% |
| Operating profit (loss) | 9901 | -€12,475 | -€12,972 | -€498 | -4.0% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €269 | €3,474 | +€3,205 | +1191.3% |
| Recurring financial charges | 65 | €269 | €474 | +€205 | +76.1% |
| Non-recurring financial charges | 66B | - | €3,000 | +€3,000 | |
| Profit (loss) for the period before taxes | 9903 | -€12,734 | -€16,446 | -€3,712 | -29.1% |
| Profit (loss) for the period | 9904 | -€12,734 | -€16,446 | -€3,712 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,734 | -€16,446 | -€3,712 | -29.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.