Biopack: what changed
Two fiscal 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.
Biopack
Largest movements
- Stocks and contracts +€157,539
up €157,539 (+13.0%), from €1.2m to €1.4m
- Receivables within one year +€131,224
up €131,224 (+13.7%), from €958,432 to €1.1m
of which Other amounts receivable: +€139,659
- Cash -€89,100
down €89,100 (-19.9%), from €448,639 to €359,539
mainly Debts after one year (-€190,500) and Investment in fixed assets (net) (-€190,380)
- Intangible fixed assets +€76,703
up €76,703 (+234.3%), from €32,740 to €109,443
- Tangible fixed assets -€35,427
down €35,427 (-15.0%), from €236,052 to €200,625
of which Furniture and vehicles: -€54,208
- Trade debts +€212,786
up €212,786 (+82.0%), from €259,539 to €472,325
- Short-term financial debts +€200,000
new in 2025: €200,000
- Debts after one year -€190,500
down €190,500 (-38.6%), from €492,960 to €302,460
of which Financial debts: -€192,000
- Reserves +€90,403
up €90,403 (+8.3%), from €1.1m to €1.2m
of which Distributable reserves: +€92,828
- Other debts -€54,152
down €54,152 (-26.4%), from €204,994 to €150,842
- Gross operating margin -€179,715
down €179,715 (-10.3%), from €1.7m to €1.6m
- Staff costs +€178,223
up €178,223 (+15.8%), from €1.1m to €1.3m
- Taxes -€122,077
down €122,077 (-77.9%), from €156,671 to €34,594
- Financial charges -€24,136
down €24,136 (-32.3%), from €74,617 to €50,481
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 | €3,064,118 | €3,327,136 | +€263,018 | +8.6% |
| Fixed assets | 21/28 | €416,792 | €477,415 | +€60,623 | +14.5% |
| Intangible fixed assets | 21 | €32,740 | €109,443 | +€76,703 | +234.3% |
| Tangible fixed assets | 22/27 | €236,052 | €200,625 | -€35,427 | -15.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €59,642 | €78,423 | +€18,781 | +31.5% |
| Furniture and vehicles | 24 | €176,410 | €122,202 | -€54,208 | -30.7% |
| Financial fixed assets | 28 | €148,000 | €167,346 | +€19,346 | +13.1% |
| Current assets | 29/58 | €2,647,325 | €2,849,721 | +€202,396 | +7.6% |
| Stocks and contracts in progress | 3 | €1,215,746 | €1,373,285 | +€157,539 | +13.0% |
| Stocks | 30/36 | €1,215,746 | €1,373,285 | +€157,539 | +13.0% |
| Amounts receivable within one year | 40/41 | €958,432 | €1,089,656 | +€131,224 | +13.7% |
| Trade receivables | 40 | €808,432 | €799,997 | -€8,435 | -1.0% |
| Other amounts receivable | 41 | €150,000 | €289,659 | +€139,659 | +93.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €448,639 | €359,539 | -€89,100 | -19.9% |
| Deferred charges and accrued income | 490/1 | €24,508 | €27,241 | +€2,733 | +11.2% |
| Total equity and liabilities | 10/49 | €3,064,118 | €3,327,136 | +€263,018 | +8.6% |
| Equity | 10/15 | €1,725,191 | €1,815,594 | +€90,403 | +5.2% |
| Contributions | 10/11 | €158,519 | €158,519 | +€0 | 0.0% |
| Reserves | 13 | €1,090,447 | €1,180,850 | +€90,403 | +8.3% |
| Tax-exempt reserves | 132 | €18,044 | €15,617 | -€2,427 | -13.4% |
| Distributable reserves | 133 | €1,072,404 | €1,165,232 | +€92,828 | +8.7% |
| Profit (loss) carried forward | 14 | €476,225 | €476,225 | -€0 | 0.0% |
| Provisions and deferred taxes | 16 | €1,159 | €350 | -€809 | -69.8% |
| Deferred taxes | 168 | €1,159 | €350 | -€809 | -69.8% |
| Amounts payable | 17/49 | €1,337,768 | €1,511,192 | +€173,424 | +13.0% |
| Amounts payable after more than one year | 17 | €492,960 | €302,460 | -€190,500 | -38.6% |
| Financial debts | 170/4 | €492,000 | €300,000 | -€192,000 | -39.0% |
| Other amounts payable | 178/9 | €960 | €2,460 | +€1,500 | +156.3% |
| Amounts payable within one year | 42/48 | €844,808 | €1,208,732 | +€363,924 | +43.1% |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Credit institutions | 430/8 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €259,539 | €472,325 | +€212,786 | +82.0% |
| Suppliers | 440/4 | €259,539 | €472,325 | +€212,786 | +82.0% |
| Taxes, remuneration and social security | 45 | €380,274 | €385,565 | +€5,291 | +1.4% |
| Taxes | 450/3 | €211,316 | €206,500 | -€4,816 | -2.3% |
| Remuneration and social security | 454/9 | €168,958 | €179,065 | +€10,107 | +6.0% |
| Other amounts payable | 47/48 | €204,994 | €150,842 | -€54,152 | -26.4% |
| Non-recurring operating income | 76A | €1,500 | €12,718 | +€11,218 | +747.9% |
| Remuneration, social security and pensions | 62 | €1,130,975 | €1,309,198 | +€178,223 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,456 | €129,757 | +€3,301 | +2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,841 | €1,455 | +€8,296 | |
| Other operating charges | 640/8 | €24,188 | €7,215 | -€16,973 | -70.2% |
| Gross operating margin | 9900 | €1,741,008 | €1,561,293 | -€179,715 | -10.3% |
| Operating profit (loss) | 9901 | €466,230 | €113,668 | -€352,562 | -75.6% |
| Financial income | 75/76B | €72,258 | €61,000 | -€11,258 | -15.6% |
| Recurring financial income | 75 | €72,258 | €61,000 | -€11,258 | -15.6% |
| Financial charges | 65/66B | €74,617 | €50,481 | -€24,136 | -32.3% |
| Recurring financial charges | 65 | €74,617 | €50,481 | -€24,136 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €463,870 | €124,188 | -€339,682 | -73.2% |
| Transfer from deferred taxes | 780 | €1,092 | €809 | -€283 | -25.9% |
| Income taxes | 67/77 | €156,671 | €34,594 | -€122,077 | -77.9% |
| Profit (loss) for the period | 9904 | €308,292 | €90,402 | -€217,890 | -70.7% |
| Transfer from tax-exempt reserves | 789 | €3,277 | €2,426 | -€851 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €311,569 | €92,828 | -€218,741 | -70.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.