BIOVAN: 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.
BIOVAN
Largest movements
- Stocks and contracts +€251,400
up €251,400 (+292%), from €85,950 to €337,350
- Tangible fixed assets -€220,112
down €220,112 (-11.8%), from €1.9m to €1.6m
- Receivables within one year -€135,899
down €135,899 (-69.4%), from €195,686 to €59,787
of which Other amounts receivable: -€111,307
- Cash -€29,325
down €29,325 (-40.6%), from €72,191 to €42,866
mainly Stocks and contracts (-€251,400) and Debts after one year (-€145,899)
- Debts after one year -€145,899
down €145,899 (-14.1%), from €1.0m to €889,721
- Other debts +€67,642
up €67,642 (+15.7%), from €431,335 to €498,978
- Trade debts -€44,294
down €44,294 (-43.7%), from €101,297 to €57,003
- Gross operating margin +€202,287
up €202,287 (+64.6%), from €313,302 to €515,589
- Staff costs +€46,604
up €46,604 (+25.2%), from €184,583 to €231,188
- Depreciation +€31,174
up €31,174 (+16.5%), from €188,939 to €220,112
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 | €2,253,671 | €2,119,645 | -€134,027 | -5.9% |
| Fixed assets | 21/28 | €1,861,649 | €1,641,537 | -€220,112 | -11.8% |
| Tangible fixed assets | 22/27 | €1,861,649 | €1,641,537 | -€220,112 | -11.8% |
| Land and buildings | 22 | €1,136,163 | €1,053,058 | -€83,105 | -7.3% |
| Plant, machinery and equipment | 23 | €638,923 | €545,653 | -€93,271 | -14.6% |
| Furniture and vehicles | 24 | €86,563 | €42,826 | -€43,737 | -50.5% |
| Current assets | 29/58 | €392,022 | €478,108 | +€86,086 | +22.0% |
| Stocks and contracts in progress | 3 | €85,950 | €337,350 | +€251,400 | +292% |
| Stocks | 30/36 | €85,950 | €337,350 | +€251,400 | +292% |
| Amounts receivable within one year | 40/41 | €195,686 | €59,787 | -€135,899 | -69.4% |
| Trade receivables | 40 | €83,870 | €59,278 | -€24,592 | -29.3% |
| Other amounts receivable | 41 | €111,816 | €509 | -€111,307 | -99.5% |
| Cash at bank and in hand | 54/58 | €72,191 | €42,866 | -€29,325 | -40.6% |
| Deferred charges and accrued income | 490/1 | €38,195 | €38,104 | -€91 | -0.2% |
| Total equity and liabilities | 10/49 | €2,253,671 | €2,119,645 | -€134,027 | -5.9% |
| Equity | 10/15 | €505,133 | €503,775 | -€1,358 | -0.3% |
| Contributions | 10/11 | €80,764 | €80,764 | = | 0.0% |
| Reserves | 13 | €604,514 | €604,514 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,076 | €8,076 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,076 | €8,076 | = | 0.0% |
| Distributable reserves | 133 | €596,437 | €596,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,144 | -€181,502 | -€1,358 | -0.8% |
| Amounts payable | 17/49 | €1,748,538 | €1,615,869 | -€132,669 | -7.6% |
| Amounts payable after more than one year | 17 | €1,035,620 | €889,721 | -€145,899 | -14.1% |
| Financial debts | 170/4 | €1,035,620 | €889,721 | -€145,899 | -14.1% |
| Amounts payable within one year | 42/48 | €708,536 | €726,149 | +€17,613 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €148,108 | €145,899 | -€2,208 | -1.5% |
| Trade debts | 44 | €101,297 | €57,003 | -€44,294 | -43.7% |
| Suppliers | 440/4 | €101,297 | €57,003 | -€44,294 | -43.7% |
| Taxes, remuneration and social security | 45 | €27,796 | €24,268 | -€3,528 | -12.7% |
| Taxes | 450/3 | €6,954 | €2,283 | -€4,672 | -67.2% |
| Remuneration and social security | 454/9 | €20,841 | €21,985 | +€1,144 | +5.5% |
| Other amounts payable | 47/48 | €431,335 | €498,978 | +€67,642 | +15.7% |
| Accrued charges and deferred income | 492/3 | €4,382 | €0 | -€4,382 | -100% |
| Non-recurring operating income | 76A | €14,735 | €758 | -€13,977 | -94.9% |
| Remuneration, social security and pensions | 62 | €184,583 | €231,188 | +€46,604 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,939 | €220,112 | +€31,174 | +16.5% |
| Other operating charges | 640/8 | €20,411 | €23,377 | +€2,966 | +14.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €313,302 | €515,589 | +€202,287 | +64.6% |
| Operating profit (loss) | 9901 | -€80,631 | €40,912 | +€121,543 | |
| Financial income | 75/76B | €1,024 | €1,613 | +€589 | +57.5% |
| Recurring financial income | 75 | €1,024 | €1,613 | +€589 | +57.5% |
| Financial charges | 65/66B | €42,534 | €43,623 | +€1,090 | +2.6% |
| Recurring financial charges | 65 | €42,534 | €43,623 | +€1,090 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€122,140 | -€1,098 | +€121,042 | +99.1% |
| Income taxes | 67/77 | €285 | €260 | -€25 | -8.8% |
| Profit (loss) for the period | 9904 | -€122,425 | -€1,358 | +€121,067 | +98.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€122,425 | -€1,358 | +€121,067 | +98.9% |
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 13 October 2026 via checked.be.