BIOTHIMAX: 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.
BIOTHIMAX
Largest movements
- Cash +€128,868
up €128,868 (+36.1%), from €357,358 to €486,225
mainly Other debts (+€817,000) and Net result for the year (+€356,797)
- Tangible fixed assets +€20,329
up €20,329 (+37.3%), from €54,469 to €74,798
of which Other tangible fixed assets: +€17,743
- Receivables within one year +€20,169
up €20,169 (+952%), from €2,120 to €22,289
of which Trade receivables: +€22,289
- Other debts +€817,000
up €817,000 (+445%), from €183,746 to €1.0m
- Reserves -€658,203
down €658,203 (-99.9%), from €658,945 to €741
- Tax, wage and social debts +€16,367
up €16,367 (+42.0%), from €38,953 to €55,321
of which Taxes: +€19,954
- Financial income +€46,267
up €46,267 (+16.3%), from €283,788 to €330,055
- Depreciation +€6,988
up €6,988 (+208%), from €3,358 to €10,346
- Gross operating margin +€6,539
up €6,539 (+14.3%), from €45,710 to €52,249
- Taxes -€530
down €530 (-4.6%), from €11,521 to €10,991
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 | €914,671 | €1,084,060 | +€169,389 | +18.5% |
| Fixed assets | 21/28 | €554,469 | €574,798 | +€20,329 | +3.7% |
| Tangible fixed assets | 22/27 | €54,469 | €74,798 | +€20,329 | +37.3% |
| Furniture and vehicles | 24 | €21,700 | €24,286 | +€2,586 | +11.9% |
| Other tangible fixed assets | 26 | €32,769 | €50,512 | +€17,743 | +54.1% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €360,202 | €509,263 | +€149,060 | +41.4% |
| Amounts receivable within one year | 40/41 | €2,120 | €22,289 | +€20,169 | +952% |
| Trade receivables | 40 | €0 | €22,289 | +€22,289 | |
| Other amounts receivable | 41 | €2,120 | €0 | -€2,120 | -100% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €357,358 | €486,225 | +€128,868 | +36.1% |
| Deferred charges and accrued income | 490/1 | €725 | €749 | +€24 | +3.3% |
| Total equity and liabilities | 10/49 | €914,671 | €1,084,060 | +€169,389 | +18.5% |
| Equity | 10/15 | €677,545 | €19,341 | -€658,203 | -97.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €658,945 | €741 | -€658,203 | -99.9% |
| Distributable reserves | 133 | €658,945 | €741 | -€658,203 | -99.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €237,127 | €1,064,719 | +€827,592 | +349% |
| Amounts payable within one year | 42/48 | €235,018 | €1,062,399 | +€827,382 | +352% |
| Trade debts | 44 | €12,319 | €6,333 | -€5,986 | -48.6% |
| Suppliers | 440/4 | €12,319 | €6,333 | -€5,986 | -48.6% |
| Taxes, remuneration and social security | 45 | €38,953 | €55,321 | +€16,367 | +42.0% |
| Taxes | 450/3 | €35,366 | €55,321 | +€19,954 | +56.4% |
| Remuneration and social security | 454/9 | €3,587 | €0 | -€3,587 | -100% |
| Other amounts payable | 47/48 | €183,746 | €1,000,746 | +€817,000 | +445% |
| Accrued charges and deferred income | 492/3 | €2,109 | €2,320 | +€210 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,358 | €10,346 | +€6,988 | +208% |
| Other operating charges | 640/8 | €1,677 | €1,715 | +€38 | +2.3% |
| Gross operating margin | 9900 | €45,710 | €52,249 | +€6,539 | +14.3% |
| Operating profit (loss) | 9901 | €40,674 | €40,187 | -€487 | -1.2% |
| Financial income | 75/76B | €283,788 | €330,055 | +€46,267 | +16.3% |
| Recurring financial income | 75 | €283,788 | €330,055 | +€46,267 | +16.3% |
| Financial charges | 65/66B | €2,167 | €2,454 | +€287 | +13.2% |
| Recurring financial charges | 65 | €2,167 | €2,454 | +€287 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €322,295 | €367,788 | +€45,493 | +14.1% |
| Income taxes | 67/77 | €11,521 | €10,991 | -€530 | -4.6% |
| Profit (loss) for the period | 9904 | €310,774 | €356,797 | +€46,023 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €310,774 | €356,797 | +€46,023 | +14.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.