BIOWIN: 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.
BIOWIN
Largest movements
- Cash -€594,561
down €594,561 (-80.8%), from €735,805 to €141,244
mainly Accrued charges and deferred income (-€667,726) and Receivables within one year (-€234,907)
- Receivables within one year +€234,907
up €234,907 (+32.0%), from €733,659 to €968,565
of which Other amounts receivable: +€269,818
- Accrued charges and deferred income -€667,726
down €667,726 (-87.4%), from €764,017 to €96,292
- Debts within one year +€325,567
up €325,567 (+78.9%), from €412,795 to €738,362
of which Short-term financial debts: +€235,000
- Staff costs +€245,876
up €245,876 (+34.0%), from €722,933 to €968,809
- Gross operating margin +€229,276
up €229,276 (+27.5%), from €833,428 to €1.1m
- Write-downs +€69,925
up €69,925 (+402%), from €17,392 to €87,317
- Financial charges -€38,635
down €38,635 (-82.4%), from €46,912 to €8,277
of which Non-recurring financial charges: -€38,413
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 | €1,491,049 | €1,135,462 | -€355,587 | -23.8% |
| Fixed assets | 21/28 | €5,906 | €7,342 | +€1,435 | +24.3% |
| Tangible fixed assets | 22/27 | €5,442 | €7,055 | +€1,613 | +29.6% |
| Plant, machinery and equipment | 23 | €1,017 | €508 | -€508 | -50.0% |
| Furniture and vehicles | 24 | €4,425 | €6,546 | +€2,121 | +47.9% |
| Financial fixed assets | 28 | €465 | €287 | -€178 | -38.3% |
| Current assets | 29/58 | €1,485,143 | €1,128,121 | -€357,022 | -24.0% |
| Amounts receivable within one year | 40/41 | €733,659 | €968,565 | +€234,907 | +32.0% |
| Trade receivables | 40 | €276,382 | €241,470 | -€34,912 | -12.6% |
| Other amounts receivable | 41 | €457,277 | €727,096 | +€269,818 | +59.0% |
| Cash at bank and in hand | 54/58 | €735,805 | €141,244 | -€594,561 | -80.8% |
| Deferred charges and accrued income | 490/1 | €15,679 | €18,311 | +€2,632 | +16.8% |
| Total equity and liabilities | 10/49 | €1,491,049 | €1,135,462 | -€355,587 | -23.8% |
| Equity | 10/15 | €314,237 | €300,808 | -€13,428 | -4.3% |
| Reserves | 13 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199,237 | €185,808 | -€13,428 | -6.7% |
| Amounts payable | 17/49 | €1,176,813 | €834,654 | -€342,159 | -29.1% |
| Amounts payable within one year | 42/48 | €412,795 | €738,362 | +€325,567 | +78.9% |
| Financial debts | 43 | €100,000 | €335,000 | +€235,000 | +235% |
| Credit institutions | 430/8 | €100,000 | €335,000 | +€235,000 | +235% |
| Trade debts | 44 | €129,048 | €280,954 | +€151,907 | +118% |
| Suppliers | 440/4 | €129,048 | €280,954 | +€151,907 | +118% |
| Advances received on contracts in progress | 46 | €790 | €185 | -€605 | -76.6% |
| Taxes, remuneration and social security | 45 | €132,505 | €102,014 | -€30,490 | -23.0% |
| Taxes | 450/3 | €27,962 | €12,303 | -€15,658 | -56.0% |
| Remuneration and social security | 454/9 | €104,543 | €89,711 | -€14,832 | -14.2% |
| Accrued charges and deferred income | 492/3 | €764,017 | €96,292 | -€667,726 | -87.4% |
| Remuneration, social security and pensions | 62 | €722,933 | €968,809 | +€245,876 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,592 | €3,463 | +€1,871 | +118% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,392 | €87,317 | +€69,925 | +402% |
| Other operating charges | 640/8 | €9,338 | €11,437 | +€2,099 | +22.5% |
| Gross operating margin | 9900 | €833,428 | €1,062,704 | +€229,276 | +27.5% |
| Operating profit (loss) | 9901 | €82,174 | -€8,322 | -€90,496 | |
| Financial income | 75/76B | - | €3,170 | +€3,170 | |
| Recurring financial income | 75 | - | €3,170 | +€3,170 | |
| Financial charges | 65/66B | €46,912 | €8,277 | -€38,635 | -82.4% |
| Recurring financial charges | 65 | €8,499 | €8,277 | -€223 | -2.6% |
| Non-recurring financial charges | 66B | €38,413 | - | -€38,413 | |
| Profit (loss) for the period before taxes | 9903 | €35,262 | -€13,428 | -€48,690 | |
| Income taxes | 67/77 | €3,685 | - | -€3,685 | |
| Profit (loss) for the period | 9904 | €31,577 | -€13,428 | -€45,005 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,577 | -€13,428 | -€45,005 |
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 25 October 2026 via checked.be.