BIROMED: 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.
BIROMED
Largest movements
- Cash +€241,693
up €241,693 (+45.7%), from €528,711 to €770,403
mainly Net result for the year (+€432,313) and Depreciation (+€22,246)
- Current investments +€193,994
up €193,994 (+30.3%), from €639,534 to €833,528
- Reserves +€432,313
up €432,313 (+23.4%), from €1.8m to €2.3m
of which Distributable reserves: +€432,313
- Gross operating margin +€61,738
up €61,738 (+10.1%), from €611,358 to €673,096
- Taxes +€26,297
up €26,297 (+15.4%), from €170,451 to €196,748
- Provisions -€17,154
down €17,154, from €13,334 to -€3,820
- Financial income +€16,282
up €16,282 (+149.7%), from €10,876 to €27,158
- Financial charges +€14,169
up €14,169 (+37.7%), from €37,630 to €51,799
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,922,730 | €2,364,135 | +€441,405 | +23.0% |
| Fixed assets | 21/28 | €41,277 | €19,031 | -€22,246 | -53.9% |
| Tangible fixed assets | 22/27 | €41,277 | €19,031 | -€22,246 | -53.9% |
| Furniture and vehicles | 24 | €24,765 | €5,352 | -€19,413 | -78.4% |
| Other tangible fixed assets | 26 | €16,512 | €13,680 | -€2,833 | -17.2% |
| Current assets | 29/58 | €1,881,452 | €2,345,104 | +€463,651 | +24.6% |
| Amounts receivable after more than one year | 29 | €456,000 | €456,000 | = | 0.0% |
| Other amounts receivable | 291 | €456,000 | €456,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,565 | €30,231 | +€18,665 | +161.4% |
| Other amounts receivable | 41 | €11,565 | €30,231 | +€18,665 | +161.4% |
| Current investments | 50/53 | €639,534 | €833,528 | +€193,994 | +30.3% |
| Cash at bank and in hand | 54/58 | €528,711 | €770,403 | +€241,693 | +45.7% |
| Deferred charges and accrued income | 490/1 | €245,643 | €254,942 | +€9,299 | +3.8% |
| Total equity and liabilities | 10/49 | €1,922,730 | €2,364,135 | +€441,405 | +23.0% |
| Equity | 10/15 | €1,867,606 | €2,299,920 | +€432,313 | +23.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,849,056 | €2,281,370 | +€432,313 | +23.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,847,201 | €2,279,515 | +€432,313 | +23.4% |
| Provisions and deferred taxes | 16 | €49,199 | €45,378 | -€3,820 | -7.8% |
| Provisions for liabilities and charges | 160/5 | €49,199 | €45,378 | -€3,820 | -7.8% |
| Environmental obligations | 163 | €49,199 | €45,378 | -€3,820 | -7.8% |
| Amounts payable | 17/49 | €5,925 | €18,837 | +€12,912 | +217.9% |
| Amounts payable within one year | 42/48 | €5,925 | €18,837 | +€12,912 | +217.9% |
| Trade debts | 44 | €2,581 | €11,711 | +€9,130 | +353.8% |
| Suppliers | 440/4 | €2,581 | €11,711 | +€9,130 | +353.8% |
| Taxes, remuneration and social security | 45 | €3,299 | €6,762 | +€3,463 | +105.0% |
| Taxes | 450/3 | €3,299 | €0 | -€3,299 | -100.0% |
| Remuneration and social security | 454/9 | - | €6,762 | +€6,762 | |
| Other amounts payable | 47/48 | €45 | €363 | +€319 | +710.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,202 | €22,246 | +€44 | +0.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €13,334 | -€3,820 | -€17,154 | |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | €611,358 | €673,096 | +€61,738 | +10.1% |
| Operating profit (loss) | 9901 | €574,863 | €653,703 | +€78,840 | +13.7% |
| Financial income | 75/76B | €10,876 | €27,158 | +€16,282 | +149.7% |
| Recurring financial income | 75 | €10,876 | €27,158 | +€16,282 | +149.7% |
| Financial charges | 65/66B | €37,630 | €51,799 | +€14,169 | +37.7% |
| Recurring financial charges | 65 | €37,630 | €51,799 | +€14,169 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | €548,109 | €629,062 | +€80,953 | +14.8% |
| Income taxes | 67/77 | €170,451 | €196,748 | +€26,297 | +15.4% |
| Profit (loss) for the period | 9904 | €377,658 | €432,313 | +€54,656 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €377,658 | €432,313 | +€54,656 | +14.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.