BIOQUBE VENTURES: 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.
BIOQUBE VENTURES
Largest movements
- Receivables within one year -€266,205
down €266,205 (-93.6%), from €284,257 to €18,052
of which Trade receivables: -€266,044
- Cash +€143,477
up €143,477 (+639%), from €22,470 to €165,947
mainly Receivables within one year (+€266,205) and Deferred charges and accrued income (+€31,287)
- Deferred charges and accrued income -€31,287
down €31,287 (-83.9%), from €37,281 to €5,995
- Financial fixed assets +€23,428
up €23,428 (+14.8%), from €158,391 to €181,819
- Trade debts -€92,451
down €92,451 (-21.3%), from €434,299 to €341,848
- Profit (loss) carried forward -€31,934
down €31,934 (-184%), from -€17,376 to -€49,310
- Tax, wage and social debts -€14,175
down €14,175 (-100%), from €14,175 to €0
of which Taxes: -€14,175
- Other debts +€5,339
up €5,339, from €0 to €5,339
- Gross operating margin -€54,689
down €54,689, from €28,365 to -€26,324
- Taxes -€15,696
down €15,696, from €15,553 to -€143
- Financial charges -€5,946
down €5,946 (-58.1%), from €10,234 to €4,288
- Staff costs +€1,426
up €1,426, from -€1,426 to €0
- Financial income +€1,379
up €1,379 (+547%), from €252 to €1,631
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 | €513,731 | €380,510 | -€133,221 | -25.9% |
| Fixed assets | 21/28 | €169,722 | €190,516 | +€20,794 | +12.3% |
| Tangible fixed assets | 22/27 | €11,331 | €8,697 | -€2,634 | -23.2% |
| Plant, machinery and equipment | 23 | €478 | €157 | -€321 | -67.2% |
| Furniture and vehicles | 24 | €10,853 | €8,540 | -€2,313 | -21.3% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €158,391 | €181,819 | +€23,428 | +14.8% |
| Current assets | 29/58 | €344,009 | €189,994 | -€154,015 | -44.8% |
| Amounts receivable within one year | 40/41 | €284,257 | €18,052 | -€266,205 | -93.6% |
| Trade receivables | 40 | €282,784 | €16,740 | -€266,044 | -94.1% |
| Other amounts receivable | 41 | €1,473 | €1,312 | -€162 | -11.0% |
| Cash at bank and in hand | 54/58 | €22,470 | €165,947 | +€143,477 | +639% |
| Deferred charges and accrued income | 490/1 | €37,281 | €5,995 | -€31,287 | -83.9% |
| Total equity and liabilities | 10/49 | €513,731 | €380,510 | -€133,221 | -25.9% |
| Equity | 10/15 | €65,257 | €33,323 | -€31,934 | -48.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €21,133 | €21,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €14,983 | €14,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,376 | -€49,310 | -€31,934 | -184% |
| Amounts payable | 17/49 | €448,473 | €347,187 | -€101,287 | -22.6% |
| Amounts payable within one year | 42/48 | €448,473 | €347,187 | -€101,287 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €434,299 | €341,848 | -€92,451 | -21.3% |
| Suppliers | 440/4 | €434,299 | €341,848 | -€92,451 | -21.3% |
| Taxes, remuneration and social security | 45 | €14,175 | €0 | -€14,175 | -100% |
| Taxes | 450/3 | €14,175 | €0 | -€14,175 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €5,339 | +€5,339 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | -€1,426 | €0 | +€1,426 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,634 | €2,634 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Non-recurring operating charges | 66A | €18,548 | €0 | -€18,548 | -100% |
| Gross operating margin | 9900 | €28,365 | -€26,324 | -€54,689 | |
| Operating profit (loss) | 9901 | €8,159 | -€29,420 | -€37,579 | |
| Financial income | 75/76B | €252 | €1,631 | +€1,379 | +547% |
| Recurring financial income | 75 | €252 | €1,631 | +€1,379 | +547% |
| Financial charges | 65/66B | €10,234 | €4,288 | -€5,946 | -58.1% |
| Recurring financial charges | 65 | €10,234 | €4,288 | -€5,946 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,822 | -€32,077 | -€30,255 | -1,660% |
| Income taxes | 67/77 | €15,553 | -€143 | -€15,696 | |
| Profit (loss) for the period | 9904 | -€17,376 | -€31,934 | -€14,559 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,376 | -€31,934 | -€14,559 | -83.8% |
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 31 October 2026 via checked.be.