BIOTERRA: what changed
What changed
BIOTERRA
NACE 43.120, Site preparation
filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €10,332+€1.1m
Equity
€2.1m
2024 · €2.5m-€477,710
Cash
€40,222
2024 · €68,417-€28,195
Balance sheet total
€39.1m
2024 · €39.7m-€635,691
Largest movements
Assets
- Receivables within one year -€4.3m
down €4.3m (-22.3%), from €19.1m to €14.8m
of which Trade receivables: -€5.7m
- Tangible fixed assets +€2.3m
up €2.3m (+12.8%), from €17.7m to €19.9m
of which Plant, machinery and equipment: +€2.6m
- Financial fixed assets +€1.6m
up €1.6m (+549%), from €300,506 to €1.9m
of which Affiliated companies: +€1.6m
Equity and liabilities
- Short-term financial debts +€3.0m
up €3.0m (+47.9%), from €6.3m to €9.3m
of which Other loans: +€3.0m
- Trade debts -€2.2m
down €2.2m (-17.7%), from €12.4m to €10.2m
- Debts after one year -€1.5m
down €1.5m (-25.9%), from €5.9m to €4.4m
- Revaluation surpluses -€1.2m
down €1.2m (-100%), from €1.2m to €0
- Other debts +€947,700
up €947,700 (+41,206%), from €2,300 to €950,000
Income statement
- Turnover -€5.3m
down €5.3m (-16.1%), from €32.9m to €27.6m
- Goods and materials -€3.0m
down €3.0m (-18.6%), from €16.2m to €13.2m
of which Purchases: -€4.0m
- Provisions -€2.4m
down €2.4m (-96.1%), from €2.5m to €98,293
- Other operating income -€890,358
down €890,358 (-59.3%), from €1.5m to €611,149
- Depreciation +€672,914
up €672,914 (+25.7%), from €2.6m to €3.3m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€10,332
Turnover
-€5.3m
Other operating income
-€890,358
Goods and materials
+€3.0m
Services and other goods
+€188,585
Staff costs
-€258,722
Depreciation
-€672,914
Write-downs
+€4,561
Provisions
+€2.4m
Other operating charges
+€61,660
Other operating items
+€2.2m
Financial income
+€301,937
Financial charges
-€15,261
Taxes
+€29,030
Deferred taxes and other
-€16
Result 2025
€1.1m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€7.4m
Investment
-€7.0m
Financing
-€446,010
Cash 2024
€68,417
From operations (derived)
+€7.4m
Net result for the year
+€1.1m
Depreciation
+€3.3m
Stocks and contracts
+€89,196
Receivables within one year
+€4.3m
Deferred charges and accrued income
-€21,265
Provisions
+€97,078
Trade debts
-€2.2m
Tax, wage and social debts
-€124,327
Other debts
+€947,700
Investment (derived)
-€7.0m
Investment in fixed assets (net)
-€7.0m
Financing
-€446,010
Debts after one year
-€1.5m
Current portion of long-term debt
-€364,292
Short-term financial debts
+€3.0m
Contributions, distributions and other
-€1.6m
Cash 2025
€40,222
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,698,381 | €39,062,690 | -€635,691 | -1.6% |
| Fixed assets | 21/28 | €18,727,674 | €22,441,516 | +€3.7m | +19.8% |
| Intangible fixed assets | 21 | €759,355 | €570,223 | -€189,132 | -24.9% |
| Tangible fixed assets | 22/27 | €17,667,813 | €19,922,297 | +€2.3m | +12.8% |
| Land and buildings | 22 | €3,704,946 | €2,048,712 | -€1.7m | -44.7% |
| Plant, machinery and equipment | 23 | €4,546,815 | €7,159,294 | +€2.6m | +57.5% |
| Furniture and vehicles | 24 | €159,990 | €301,888 | +€141,898 | +88.7% |
| Leasing and similar rights | 25 | €4,774,538 | €5,723,872 | +€949,334 | +19.9% |
| Other tangible fixed assets | 26 | €1,279,105 | €1,427,245 | +€148,140 | +11.6% |
| Assets under construction and advance payments | 27 | €3,202,418 | €3,261,286 | +€58,868 | +1.8% |
| Financial fixed assets | 28 | €300,506 | €1,948,996 | +€1.6m | +549% |
| Affiliated companies | 280/1 | €294,310 | €1,942,800 | +€1.6m | +560% |
| Participating interests | 280 | €294,310 | €294,310 | = | 0.0% |
| Amounts receivable | 281 | - | €1,648,490 | +€1.6m | |
| Companies linked by participating interests | 282/3 | - | €0 | = | |
| Participating interests | 282 | - | €0 | = | |
| Amounts receivable | 283 | - | €0 | = | |
| Other financial fixed assets | 284/8 | €6,196 | €6,196 | = | 0.0% |
| Shares | 284 | - | €0 | = | |
| Amounts receivable and cash guarantees | 285/8 | €6,196 | €6,196 | = | 0.0% |
| Current assets | 29/58 | €20,970,708 | €16,621,175 | -€4.3m | -20.7% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | €1,433,479 | €1,344,283 | -€89,196 | -6.2% |
| Stocks | 30/36 | €1,433,479 | €1,344,283 | -€89,196 | -6.2% |
| Raw materials and consumables | 30/31 | €1,301,957 | €1,289,439 | -€12,518 | -1.0% |
| Work in progress | 32 | - | €0 | = | |
| Finished goods | 33 | - | €0 | = | |
| Goods purchased for resale | 34 | €131,522 | €54,844 | -€76,679 | -58.3% |
| Amounts receivable within one year | 40/41 | €19,085,429 | €14,832,022 | -€4.3m | -22.3% |
| Trade receivables | 40 | €15,450,771 | €9,791,069 | -€5.7m | -36.6% |
| Other amounts receivable | 41 | €3,634,658 | €5,040,954 | +€1.4m | +38.7% |
| Current investments | 50/53 | - | €0 | = | |
| Own shares | 50 | - | €0 | = | |
| Other investments | 51/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €68,417 | €40,222 | -€28,195 | -41.2% |
| Deferred charges and accrued income | 490/1 | €383,383 | €404,648 | +€21,265 | +5.5% |
| Total equity and liabilities | 10/49 | €39,698,381 | €39,062,690 | -€635,691 | -1.6% |
| Equity | 10/15 | €2,544,220 | €2,066,510 | -€477,710 | -18.8% |
| Contributions | 10/11 | €131,400 | €131,400 | = | 0.0% |
| Capital | 10 | €131,400 | €131,400 | = | 0.0% |
| Issued capital | 100 | €131,400 | €131,400 | = | 0.0% |
| Uncalled capital | 101 | - | €0 | = | |
| Contributions outside capital | 11 | - | €0 | = | |
| Share premium | 1100/10 | - | €0 | = | |
| Other | 1109/19 | - | €0 | = | |
| Revaluation surpluses | 12 | €1,228,241 | €0 | -€1.2m | -100% |
| Reserves | 13 | €96,679 | €93,034 | -€3,645 | -3.8% |
| Non-distributable reserves | 130/1 | €13,140 | €13,140 | = | 0.0% |
| Legal reserve | 130 | €13,140 | €13,140 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,441 | €3,796 | -€3,645 | -49.0% |
| Distributable reserves | 133 | €76,098 | €76,098 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€121,657 | €17,268 | +€138,925 | |
| Investment grants | 15 | €1,209,556 | €1,824,807 | +€615,251 | +50.9% |
| Provisions and deferred taxes | 16 | €10,798,779 | €10,895,857 | +€97,078 | +0.9% |
| Provisions for liabilities and charges | 160/5 | €10,796,322 | €10,894,615 | +€98,293 | +0.9% |
| Other liabilities and charges | 164/5 | €10,796,322 | €10,894,615 | +€98,293 | +0.9% |
| Deferred taxes | 168 | €2,457 | €1,242 | -€1,215 | -49.4% |
| Amounts payable | 17/49 | €26,355,382 | €26,100,324 | -€255,058 | -1.0% |
| Amounts payable after more than one year | 17 | €5,929,342 | €4,394,327 | -€1.5m | -25.9% |
| Financial debts | 170/4 | €5,929,342 | €4,394,327 | -€1.5m | -25.9% |
| Subordinated loans | 170 | - | €0 | = | |
| Unsubordinated bonds | 171 | - | €0 | = | |
| Leasing and similar obligations | 172 | €3,468,724 | €4,394,327 | +€925,603 | +26.7% |
| Credit institutions | 173 | €370,000 | - | -€370,000 | |
| Other loans | 174 | €2,090,618 | - | -€2.1m | |
| Amounts payable within one year | 42/48 | €20,426,041 | €21,705,997 | +€1.3m | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €1,527,897 | €1,163,605 | -€364,292 | -23.8% |
| Financial debts | 43 | €6,301,786 | €9,318,074 | +€3.0m | +47.9% |
| Credit institutions | 430/8 | - | €0 | = | |
| Other loans | 439 | €6,301,786 | €9,318,074 | +€3.0m | +47.9% |
| Trade debts | 44 | €12,427,462 | €10,232,050 | -€2.2m | -17.7% |
| Suppliers | 440/4 | €12,427,462 | €10,232,050 | -€2.2m | -17.7% |
| Taxes, remuneration and social security | 45 | €166,595 | €42,268 | -€124,327 | -74.6% |
| Taxes | 450/3 | €113,248 | - | -€113,248 | |
| Remuneration and social security | 454/9 | €53,348 | €42,268 | -€11,080 | -20.8% |
| Other amounts payable | 47/48 | €2,300 | €950,000 | +€947,700 | +41,206% |
| Operating income | 70/76A | €35,104,495 | €31,128,891 | -€4.0m | -11.3% |
| Turnover | 70 | €32,878,842 | €27,583,173 | -€5.3m | -16.1% |
| Own construction capitalised | 72 | €724,145 | €477,286 | -€246,859 | -34.1% |
| Other operating income | 74 | €1,501,508 | €611,149 | -€890,358 | -59.3% |
| Non-recurring operating income | 76A | - | €2,457,283 | +€2.5m | |
| Operating charges | 60/66A | €34,468,933 | €29,734,071 | -€4.7m | -13.7% |
| Goods for resale, raw materials and consumables | 60 | €16,200,636 | €13,181,618 | -€3.0m | -18.6% |
| Purchases | 600/8 | €17,069,041 | €13,092,422 | -€4.0m | -23.3% |
| Change in stocks: decrease (increase) | 609 | -€868,404 | €89,196 | +€957,601 | |
| Services and other goods | 61 | €9,544,344 | €9,355,758 | -€188,585 | -2.0% |
| Remuneration, social security and pensions | 62 | €3,158,247 | €3,416,969 | +€258,722 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,617,783 | €3,290,697 | +€672,914 | +25.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,561 | - | -€4,561 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,490,966 | €98,293 | -€2.4m | -96.1% |
| Other operating charges | 640/8 | €452,397 | €390,736 | -€61,660 | -13.6% |
| Operating profit (loss) | 9901 | €635,561 | €1,394,820 | +€759,259 | +119% |
| Financial income | 75/76B | €82,751 | €384,688 | +€301,937 | +365% |
| Recurring financial income | 75 | €82,751 | €384,688 | +€301,937 | +365% |
| Income from financial fixed assets | 750 | - | €51,853 | +€51,853 | |
| Other financial income | 752/9 | €82,751 | €332,834 | +€250,083 | +302% |
| Financial charges | 65/66B | €595,799 | €611,060 | +€15,261 | +2.6% |
| Recurring financial charges | 65 | €595,799 | €611,060 | +€15,261 | +2.6% |
| Debt charges | 650 | €575,521 | €571,770 | -€3,751 | -0.7% |
| Other financial charges | 652/9 | €20,278 | €39,289 | +€19,011 | +93.8% |
| Profit (loss) for the period before taxes | 9903 | €122,513 | €1,168,448 | +€1.0m | +854% |
| Transfer from deferred taxes | 780 | €1,231 | €1,215 | -€16 | -1.3% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €113,413 | €84,383 | -€29,030 | -25.6% |
| Taxes | 670/3 | €113,413 | €84,383 | -€29,030 | -25.6% |
| Profit (loss) for the period | 9904 | €10,332 | €1,085,280 | +€1.1m | +10,404% |
| Transfer from tax-exempt reserves | 789 | €3,694 | €3,645 | -€49 | -1.3% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €14,026 | €1,088,925 | +€1.1m | +7,664% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.