BIOSCIENCES SHIFT: 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.
BIOSCIENCES SHIFT
Largest movements
- Receivables within one year +€37,121
up €37,121 (+42.0%), from €88,287 to €125,409
of which Trade receivables: +€24,209
- Deferred charges and accrued income +€5,065
new in 2025: €5,065
- Cash -€4,704
down €4,704 (-19.7%), from €23,889 to €19,185
mainly Receivables within one year (-€37,121) and Deferred charges and accrued income (-€5,065)
- Reserves +€32,894
up €32,894 (+24.5%), from €134,247 to €167,141
of which Distributable reserves: +€34,754
- Trade debts +€6,099
new in 2025: €6,099
- Tax, wage and social debts -€3,356
down €3,356 (-12.7%), from €26,343 to €22,987
- Turnover -€56,974
no longer reported in 2025 (was €56,974)
- Purchases and services -€39,181
no longer reported in 2025 (was €39,181)
- Gross operating margin +€31,256
up €31,256 (+175.7%), from €17,793 to €49,049
- Taxes +€11,823
up €11,823 (+186.1%), from €6,352 to €18,175
- Financial income +€4,835
up €4,835 (+319.8%), from €1,512 to €6,346
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 | €178,591 | €214,228 | +€35,636 | +20.0% |
| Fixed assets | 21/28 | €16,415 | €14,569 | -€1,846 | -11.2% |
| Tangible fixed assets | 22/27 | €15,515 | €13,669 | -€1,846 | -11.9% |
| Land and buildings | 22 | €5,961 | €5,961 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,555 | €7,071 | -€2,484 | -26.0% |
| Furniture and vehicles | 24 | - | €638 | +€638 | |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €162,176 | €199,659 | +€37,483 | +23.1% |
| Amounts receivable within one year | 40/41 | €88,287 | €125,409 | +€37,121 | +42.0% |
| Trade receivables | 40 | €2,983 | €27,192 | +€24,209 | +811.7% |
| Other amounts receivable | 41 | €85,305 | €98,217 | +€12,912 | +15.1% |
| Current investments | 50/53 | €50,000 | €50,000 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €23,889 | €19,185 | -€4,704 | -19.7% |
| Deferred charges and accrued income | 490/1 | - | €5,065 | +€5,065 | |
| Total equity and liabilities | 10/49 | €178,591 | €214,228 | +€35,636 | +20.0% |
| Equity | 10/15 | €152,248 | €185,142 | +€32,894 | +21.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €134,247 | €167,141 | +€32,894 | +24.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €132,387 | €167,141 | +€34,754 | +26.3% |
| Profit (loss) carried forward | 14 | €11,801 | €11,801 | = | 0.0% |
| Amounts payable | 17/49 | €26,343 | €29,086 | +€2,743 | +10.4% |
| Amounts payable within one year | 42/48 | €26,343 | €29,086 | +€2,743 | +10.4% |
| Trade debts | 44 | - | €6,099 | +€6,099 | |
| Suppliers | 440/4 | - | €6,099 | +€6,099 | |
| Taxes, remuneration and social security | 45 | €26,343 | €22,987 | -€3,356 | -12.7% |
| Taxes | 450/3 | €26,343 | €22,987 | -€3,356 | -12.7% |
| Turnover | 70 | €56,974 | - | -€56,974 | |
| Goods, raw materials, services and sundry goods | 60/61 | €39,181 | - | -€39,181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,352 | €4,068 | +€2,715 | +200.8% |
| Other operating charges | 640/8 | - | €186 | +€186 | |
| Gross operating margin | 9900 | €17,793 | €49,049 | +€31,256 | +175.7% |
| Operating profit (loss) | 9901 | €16,441 | €44,795 | +€28,354 | +172.5% |
| Financial income | 75/76B | €1,512 | €6,346 | +€4,835 | +319.8% |
| Recurring financial income | 75 | €1,512 | €6,346 | +€4,835 | +319.8% |
| Financial charges | 65/66B | €54 | €73 | +€19 | +35.4% |
| Recurring financial charges | 65 | €54 | €73 | +€19 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €17,899 | €51,069 | +€33,170 | +185.3% |
| Income taxes | 67/77 | €6,352 | €18,175 | +€11,823 | +186.1% |
| Profit (loss) for the period | 9904 | €11,547 | €32,894 | +€21,347 | +184.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,547 | €32,894 | +€21,347 | +184.9% |
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 12 October 2026 via checked.be.