BIOGREENZ: 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.
BIOGREENZ
Largest movements
- Cash -€85,609
down €85,609 (-51.0%), from €167,877 to €82,268
mainly Investment in fixed assets (net) (-€102,228) and Contributions, distributions and other (-€32,648)
- Tangible fixed assets +€39,658
up €39,658 (+8.1%), from €487,211 to €526,869
of which Plant, machinery and equipment: +€44,805
- Receivables within one year +€26,960
up €26,960 (+27.9%), from €96,719 to €123,680
of which Trade receivables: +€23,920
- Stocks and contracts +€19,000
up €19,000 (+44.1%), from €43,050 to €62,050
- Deferred charges and accrued income +€15,472
up €15,472 (+286%), from €5,406 to €20,879
- Investment grants -€32,648
down €32,648 (-36.7%), from €89,015 to €56,367
- Other debts +€31,905
new in 2025: €31,905
- Tax, wage and social debts -€29,284
down €29,284 (-48.4%), from €60,527 to €31,243
of which Taxes: -€27,269
- Current portion of long-term debt +€27,082
up €27,082 (+39.1%), from €69,303 to €96,385
- Trade debts +€23,838
up €23,838 (+33.9%), from €70,223 to €94,061
- Gross operating margin -€32,118
down €32,118 (-6.6%), from €488,494 to €456,376
- Depreciation +€21,800
up €21,800 (+50.9%), from €42,793 to €64,593
- Taxes -€13,489
no longer reported in 2025 (was €13,489)
- Financial income +€6,918
up €6,918 (+26.7%), from €25,893 to €32,811
- Staff costs +€6,644
up €6,644 (+1.7%), from €385,950 to €392,594
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.
Derived cash bridge
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 | €802,421 | €815,879 | +€13,459 | +1.7% |
| Fixed assets | 21/28 | €489,368 | €527,003 | +€37,635 | +7.7% |
| Intangible fixed assets | 21 | €2,157 | €134 | -€2,023 | -93.8% |
| Tangible fixed assets | 22/27 | €487,211 | €526,869 | +€39,658 | +8.1% |
| Plant, machinery and equipment | 23 | €439,041 | €483,846 | +€44,805 | +10.2% |
| Furniture and vehicles | 24 | €48,170 | €36,208 | -€11,962 | -24.8% |
| Other tangible fixed assets | 26 | - | €6,815 | +€6,815 | |
| Current assets | 29/58 | €313,052 | €288,876 | -€24,176 | -7.7% |
| Stocks and contracts in progress | 3 | €43,050 | €62,050 | +€19,000 | +44.1% |
| Stocks | 30/36 | €43,050 | €62,050 | +€19,000 | +44.1% |
| Amounts receivable within one year | 40/41 | €96,719 | €123,680 | +€26,960 | +27.9% |
| Trade receivables | 40 | €88,436 | €112,356 | +€23,920 | +27.0% |
| Other amounts receivable | 41 | €8,284 | €11,324 | +€3,040 | +36.7% |
| Cash at bank and in hand | 54/58 | €167,877 | €82,268 | -€85,609 | -51.0% |
| Deferred charges and accrued income | 490/1 | €5,406 | €20,879 | +€15,472 | +286% |
| Total equity and liabilities | 10/49 | €802,421 | €815,879 | +€13,459 | +1.7% |
| Equity | 10/15 | €274,409 | €241,334 | -€33,075 | -12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,034 | €87,034 | = | 0.0% |
| Non-distributable reserves | 130/1 | €84,103 | €84,103 | = | 0.0% |
| Legal reserve | 130 | €1,012 | €1,012 | = | 0.0% |
| Financial assistance | 1313 | €33,636 | €33,636 | = | 0.0% |
| Other | 1319 | €49,455 | €49,455 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,931 | €2,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,760 | €79,333 | -€427 | -0.5% |
| Investment grants | 15 | €89,015 | €56,367 | -€32,648 | -36.7% |
| Provisions and deferred taxes | 16 | €713 | €713 | = | 0.0% |
| Deferred taxes | 168 | €713 | €713 | = | 0.0% |
| Amounts payable | 17/49 | €527,299 | €573,833 | +€46,533 | +8.8% |
| Amounts payable after more than one year | 17 | €327,246 | €306,643 | -€20,603 | -6.3% |
| Financial debts | 170/4 | €327,246 | €306,643 | -€20,603 | -6.3% |
| Amounts payable within one year | 42/48 | €200,053 | €253,595 | +€53,541 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €69,303 | €96,385 | +€27,082 | +39.1% |
| Trade debts | 44 | €70,223 | €94,061 | +€23,838 | +33.9% |
| Suppliers | 440/4 | €70,223 | €94,061 | +€23,838 | +33.9% |
| Taxes, remuneration and social security | 45 | €60,527 | €31,243 | -€29,284 | -48.4% |
| Taxes | 450/3 | €35,147 | €7,878 | -€27,269 | -77.6% |
| Remuneration and social security | 454/9 | €25,380 | €23,365 | -€2,015 | -7.9% |
| Other amounts payable | 47/48 | - | €31,905 | +€31,905 | |
| Accrued charges and deferred income | 492/3 | - | €13,595 | +€13,595 | |
| Remuneration, social security and pensions | 62 | €385,950 | €392,594 | +€6,644 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,793 | €64,593 | +€21,800 | +50.9% |
| Other operating charges | 640/8 | €1,557 | €5,309 | +€3,752 | +241% |
| Gross operating margin | 9900 | €488,494 | €456,376 | -€32,118 | -6.6% |
| Operating profit (loss) | 9901 | €58,194 | -€6,120 | -€64,314 | |
| Financial income | 75/76B | €25,893 | €32,811 | +€6,918 | +26.7% |
| Recurring financial income | 75 | €25,893 | €32,811 | +€6,918 | +26.7% |
| Financial charges | 65/66B | €26,262 | €27,117 | +€855 | +3.3% |
| Recurring financial charges | 65 | €26,262 | €27,117 | +€855 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €57,825 | -€427 | -€58,252 | |
| Transfer from deferred taxes | 780 | €753 | - | -€753 | |
| Income taxes | 67/77 | €13,489 | - | -€13,489 | |
| Profit (loss) for the period | 9904 | €45,089 | -€427 | -€45,515 | |
| Transfer from tax-exempt reserves | 789 | €2,931 | - | -€2,931 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,020 | -€427 | -€48,446 |
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 22 October 2026 via checked.be.