BIOTOR: what changed
BIOTOR
Largest movements
- Current investments +€100,000
up €100,000 (+29.9%), from €334,809 to €434,809
- Cash -€91,999
down €91,999 (-78.6%), from €117,069 to €25,070
mainly Current investments (-€100,000) and Trade debts (-€85,545)
- Receivables within one year +€39,695
up €39,695 (+34.4%), from €115,462 to €155,156
of which Trade receivables: +€40,146
- Tangible fixed assets -€25,956
down €25,956 (-38.9%), from €66,697 to €40,741
of which Plant, machinery and equipment: -€18,748
- Reserves +€209,175
up €209,175 (+95.9%), from €218,198 to €427,373
of which Tax-exempt reserves: +€126,300
- Trade debts -€85,545
down €85,545 (-40.4%), from €211,838 to €126,294
- Other debts -€69,467
down €69,467 (-100%), from €69,467 to €0
- Current portion of long-term debt -€28,194
down €28,194 (-100%), from €28,194 to €0
- Gross operating margin +€177,450
up €177,450 (+129%), from €137,050 to €314,500
- Taxes +€42,786
up €42,786 (+116%), from €36,989 to €79,775
- Financial income -€5,934
down €5,934 (-59.9%), from €9,907 to €3,973
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €636,404 | €662,415 | +€26,011 | +4.1% |
| Fixed assets | 21/28 | €66,697 | €40,741 | -€25,956 | -38.9% |
| Tangible fixed assets | 22/27 | €66,697 | €40,741 | -€25,956 | -38.9% |
| Land and buildings | 22 | €29,451 | €22,243 | -€7,208 | -24.5% |
| Plant, machinery and equipment | 23 | €37,246 | €18,498 | -€18,748 | -50.3% |
| Current assets | 29/58 | €569,707 | €621,674 | +€51,967 | +9.1% |
| Amounts receivable within one year | 40/41 | €115,462 | €155,156 | +€39,695 | +34.4% |
| Trade receivables | 40 | €115,010 | €155,156 | +€40,146 | +34.9% |
| Other amounts receivable | 41 | €451 | €0 | -€451 | -100% |
| Current investments | 50/53 | €334,809 | €434,809 | +€100,000 | +29.9% |
| Cash at bank and in hand | 54/58 | €117,069 | €25,070 | -€91,999 | -78.6% |
| Deferred charges and accrued income | 490/1 | €2,368 | €6,639 | +€4,271 | +180% |
| Total equity and liabilities | 10/49 | €636,404 | €662,415 | +€26,011 | +4.1% |
| Equity | 10/15 | €238,198 | €447,373 | +€209,175 | +87.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €218,198 | €427,373 | +€209,175 | +95.9% |
| Tax-exempt reserves | 132 | - | €126,300 | +€126,300 | |
| Distributable reserves | 133 | €218,198 | €301,073 | +€82,875 | +38.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €398,206 | €215,041 | -€183,165 | -46.0% |
| Amounts payable after more than one year | 17 | €49,711 | €51,460 | +€1,749 | +3.5% |
| Financial debts | 170/4 | €49,711 | €51,460 | +€1,749 | +3.5% |
| Amounts payable within one year | 42/48 | €348,495 | €163,582 | -€184,914 | -53.1% |
| Current portion of amounts payable after more than one year | 42 | €28,194 | €0 | -€28,194 | -100% |
| Trade debts | 44 | €211,838 | €126,294 | -€85,545 | -40.4% |
| Suppliers | 440/4 | €211,838 | €126,294 | -€85,545 | -40.4% |
| Taxes, remuneration and social security | 45 | €38,996 | €37,288 | -€1,708 | -4.4% |
| Taxes | 450/3 | €38,996 | €37,288 | -€1,708 | -4.4% |
| Other amounts payable | 47/48 | €69,467 | €0 | -€69,467 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,003 | €25,956 | -€47 | -0.2% |
| Other operating charges | 640/8 | €943 | €971 | +€28 | +2.9% |
| Gross operating margin | 9900 | €137,050 | €314,500 | +€177,450 | +129% |
| Operating profit (loss) | 9901 | €110,104 | €287,573 | +€177,469 | +161% |
| Financial income | 75/76B | €9,907 | €3,973 | -€5,934 | -59.9% |
| Recurring financial income | 75 | €9,907 | €3,973 | -€5,934 | -59.9% |
| Financial charges | 65/66B | €3,962 | €2,596 | -€1,366 | -34.5% |
| Recurring financial charges | 65 | €3,962 | €2,596 | -€1,366 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €116,049 | €288,951 | +€172,902 | +149% |
| Income taxes | 67/77 | €36,989 | €79,775 | +€42,786 | +116% |
| Profit (loss) for the period | 9904 | €79,060 | €209,175 | +€130,116 | +165% |
| Transfer to tax-exempt reserves | 689 | - | €126,300 | +€126,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,060 | €82,875 | +€3,816 | +4.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.