FW Bioconsult: 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.
FW Bioconsult
Largest movements
- Receivables within one year +€98,980
up €98,980 (+77.7%), from €127,394 to €226,375
of which Trade receivables: +€105,661
- Cash -€59,378
down €59,378 (-31.6%), from €188,120 to €128,742
mainly Receivables within one year (-€98,980) and Investment in fixed assets (net) (-€83,717)
- Financial fixed assets +€48,333
up €48,333 (+939%), from €5,150 to €53,483
- Tangible fixed assets -€25,087
down €25,087 (-7.5%), from €335,604 to €310,517
- Receivables after one year +€25,000
new in 2025: €25,000
- Reserves +€87,646
up €87,646 (+25.0%), from €349,960 to €437,605
- Trade debts +€47,563
up €47,563 (+189%), from €25,124 to €72,687
- Debts after one year -€31,785
down €31,785 (-17.2%), from €184,938 to €153,153
- Current portion of long-term debt -€25,317
down €25,317 (-44.3%), from €57,102 to €31,785
- Investment grants +€11,253
new in 2025: €11,253
- Staff costs +€29,164
up €29,164 (+93.5%), from €31,202 to €60,366
- Gross operating margin -€27,593
down €27,593 (-10.9%), from €254,171 to €226,579
- Taxes -€15,935
down €15,935 (-45.4%), from €35,129 to €19,194
- Financial income +€11,557
up €11,557 (+759%), from €1,523 to €13,080
- Depreciation +€2,646
up €2,646 (+4.5%), from €59,186 to €61,833
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 | €724,308 | €833,132 | +€108,824 | +15.0% |
| Fixed assets | 21/28 | €350,325 | €372,209 | +€21,885 | +6.2% |
| Intangible fixed assets | 21 | €9,571 | €8,209 | -€1,362 | -14.2% |
| Tangible fixed assets | 22/27 | €335,604 | €310,517 | -€25,087 | -7.5% |
| Land and buildings | 22 | €253,289 | €241,857 | -€11,432 | -4.5% |
| Plant, machinery and equipment | 23 | €55,135 | €54,552 | -€583 | -1.1% |
| Furniture and vehicles | 24 | €21,170 | €11,879 | -€9,291 | -43.9% |
| Other tangible fixed assets | 26 | €6,010 | €2,229 | -€3,780 | -62.9% |
| Financial fixed assets | 28 | €5,150 | €53,483 | +€48,333 | +939% |
| Current assets | 29/58 | €373,983 | €460,922 | +€86,939 | +23.2% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Stocks and contracts in progress | 3 | €52,626 | €74,264 | +€21,638 | +41.1% |
| Stocks | 30/36 | €52,626 | €74,264 | +€21,638 | +41.1% |
| Amounts receivable within one year | 40/41 | €127,394 | €226,375 | +€98,980 | +77.7% |
| Trade receivables | 40 | €105,120 | €210,781 | +€105,661 | +101% |
| Other amounts receivable | 41 | €22,274 | €15,594 | -€6,680 | -30.0% |
| Cash at bank and in hand | 54/58 | €188,120 | €128,742 | -€59,378 | -31.6% |
| Deferred charges and accrued income | 490/1 | €5,843 | €6,542 | +€699 | +12.0% |
| Total equity and liabilities | 10/49 | €724,308 | €833,132 | +€108,824 | +15.0% |
| Equity | 10/15 | €359,960 | €458,858 | +€98,898 | +27.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €349,960 | €437,605 | +€87,646 | +25.0% |
| Distributable reserves | 133 | €349,960 | €437,605 | +€87,646 | +25.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | - | €11,253 | +€11,253 | |
| Amounts payable | 17/49 | €364,348 | €374,274 | +€9,926 | +2.7% |
| Amounts payable after more than one year | 17 | €184,938 | €153,153 | -€31,785 | -17.2% |
| Financial debts | 170/4 | €184,938 | €153,153 | -€31,785 | -17.2% |
| Amounts payable within one year | 42/48 | €179,406 | €217,352 | +€37,946 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €57,102 | €31,785 | -€25,317 | -44.3% |
| Trade debts | 44 | €25,124 | €72,687 | +€47,563 | +189% |
| Suppliers | 440/4 | €25,124 | €72,687 | +€47,563 | +189% |
| Taxes, remuneration and social security | 45 | €23,941 | €30,662 | +€6,721 | +28.1% |
| Taxes | 450/3 | €20,090 | €19,579 | -€511 | -2.5% |
| Remuneration and social security | 454/9 | €3,852 | €11,083 | +€7,232 | +188% |
| Other amounts payable | 47/48 | €73,238 | €82,218 | +€8,980 | +12.3% |
| Accrued charges and deferred income | 492/3 | €5 | €3,769 | +€3,764 | +83,649% |
| Remuneration, social security and pensions | 62 | €31,202 | €60,366 | +€29,164 | +93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,186 | €61,833 | +€2,646 | +4.5% |
| Other operating charges | 640/8 | €1,804 | €1,932 | +€128 | +7.1% |
| Gross operating margin | 9900 | €254,171 | €226,579 | -€27,593 | -10.9% |
| Operating profit (loss) | 9901 | €161,979 | €102,448 | -€59,531 | -36.8% |
| Financial income | 75/76B | €1,523 | €13,080 | +€11,557 | +759% |
| Recurring financial income | 75 | €1,523 | €13,080 | +€11,557 | +759% |
| Financial charges | 65/66B | €6,353 | €8,688 | +€2,335 | +36.8% |
| Recurring financial charges | 65 | €6,353 | €8,688 | +€2,335 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | €157,149 | €106,839 | -€50,310 | -32.0% |
| Income taxes | 67/77 | €35,129 | €19,194 | -€15,935 | -45.4% |
| Profit (loss) for the period | 9904 | €122,020 | €87,646 | -€34,374 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €122,020 | €87,646 | -€34,374 | -28.2% |
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 1 November 2026 via checked.be.