BIORES
BIORES has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124k and a net result of €78k. Equity is shrinking by ~24% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 47% of 207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €124k |
| Net result | €78k |
| Better than sector | 47% |
| Active | 32 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 45.5% | 47.9% | |
| Net result | €78k | €5k | |
| Equity | €124k | €469k | |
| Gross operating margin | €89k | €89k | |
| Total assets | €272k | €1.47M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €88k | €-27k | €-27k | €-90k | €96k |
| Net profit | €78k | €-42k | €-26k | €-83k | €106k |
| Cash flow | €90k | €-29k | €-19k | €-80k | €118k |
| Staff costs | - | €28k | €40k | €35k | €54k |
| Income taxes | €3k | €38 | €2 | - | €1 |
| Dividends | €114k | €200k | €100k | - | €100k |
| Total assets | €272k | €185k | €535k | €660k | €744k |
| Equity | €124k | €160k | €402k | €528k | €610k |
| Debt | €148k | €25k | €133k | €133k | €134k |
| of which ≤ 1y | €148k | €25k | €133k | €133k | €134k |
| of which > 1y | - | - | - | - | - |
| Working capital | €93k | €117k | €365k | €509k | €308k |
| Employees (FTE) | - | 0.4 | 1.0 | 1.0 | 1.3 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.63 | 5.66 | 3.75 | 4.84 | 3.30 |
| Quick ratio | 1.46 | 4.98 | 3.54 | 4.52 | 2.97 |
| Working capital ratio | 34.3% | 63.1% | 68.3% | 77.1% | 41.4% |
| Solvency | 45.5% | 86.5% | 75.2% | 79.9% | 82.0% |
| Debt / equity | 1.20 | 0.16 | 0.33 | 0.25 | 0.22 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 97.55 | -27.41 | -9.78 | -43.64 | 171.67 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 28.5% | -22.8% | -4.8% | -12.5% | 14.3% |
| ROE | 62.8% | -26.4% | -6.4% | -15.7% | 17.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €272k | €185k | €535k | €660k | €744k |
| Fixed assets | 21/28 | €30k | €43k | €37k | €18k | €302k |
| Tangible fixed assets | 22/27 | €30k | €43k | €36k | €18k | €2k |
| Financial fixed assets | 28 | - | €308 | €308 | €308 | €300k |
| Current assets | 29/58 | €241k | €142k | €498k | €642k | €442k |
| Stocks & contracts in progress | 3 | €25k | €17k | €28k | €42k | €44k |
| Amounts receivable within one year | 40/41 | €62k | €109k | €253k | €171k | €86k |
| Investments | 50/53 | €3k | €3k | €3k | €90k | €81k |
| Cash & bank | 54/58 | €149k | €11k | €213k | €337k | €230k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €272k | €185k | €535k | €660k | €744k |
| Equity | 10/15 | €124k | €160k | €402k | €528k | €610k |
| Contributions / capital | 10/11 | €62k | €62k | €62k | €62k | €62k |
| Reserves | 13 | €61k | €140k | €340k | €489k | €489k |
| Accumulated profits (losses) | 14 | €386 | €-42k | - | €-24k | €59k |
| Amounts payable | 17/49 | €148k | €25k | €133k | €133k | €134k |
| Amounts payable within one year | 42/48 | €148k | €25k | €133k | €133k | €134k |
| Trade debts payable within one year | 44 | €34k | €25k | €28k | €20k | €24k |
| Income statement | ||||||
| Gross operating margin | 9900 | €89k | €3k | €14k | €-53k | €151k |
| Operating result | 9901 | €75k | €-40k | €-34k | €-92k | €84k |
| Financial income | 75 | €480 | €857 | €11k | €10k | €22k |
| Financial charges | 65 | €903 | €1k | €3k | €2k | €559 |
| Result before taxes | 9903 | €81k | €-42k | €-26k | €-83k | €106k |
| Income taxes | 67/77 | €3k | €38 | €2 | - | €1 |
| Net result for the period | 9904 | €78k | €-42k | €-26k | €-83k | €106k |
| Result to be appropriated | 9905 | €78k | €-42k | €-26k | €-83k | €106k |
Former directors (3)
-
Didider DessardDirectorState Gazette act 24146277 (10-10-2024)Former- → 10-10-2024
-
ELIZE MANAGEMENTLegal entityDirector· perm. rep.: Mignot OlivierState Gazette act 24146277 (10-10-2024)Former- → 31-03-2024
-
IN.T MANAGEMENTLegal entityDirector· perm. rep.: Tam IngridState Gazette act 24146277 (10-10-2024)Former- → 31-03-2024
| NACE primary | Research and development on biotechnology(72101) |
| Legal form | Public limited company(014) |
| Incorporation | 08-04-1994 |
| Status | Active |
| Postal code | 4360 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64442A0429/00D000 | Wallonia | 949 m² | 1 · 136 m² | 10.5 m · 3 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-12-2024 Registered office moved from AYWAILLE to OTRANGE
- RUE DE LORCE 45 -4920 AYWAILLE → rue de l'Eglise 1 à 4360 OTRANGE
Technical details
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}10-10-2024 3 resigning
- Mignot Olivier, Bestuurder
- Tam Ingrid, Bestuurder
- Didider Dessard, Bestuurder
Technical details
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"evidence_quote": "Le mandat d\u0027administrateur de Monsieur Didider Dessard n\u0027ayant pas \u00E9t\u00E9 renouvell\u00E9 en date du 03.09.2020, il ne doit plus appara\u00EEtre comme administrateur \u00E0 la B\u0421\u0415.",
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"act_meta": {
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"decisions": [
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"body": "algemene_vergadering",
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"subject_company": {
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}19-04-2023 Registered office moved to HARZE
- 4920 HARZE rue de Lorcé, 45
Technical details
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"raw": "Rue de l\u0027Eglise 1 : 4360 Oreye",
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"region": "waals_gewest",
"street": "Rue de l\u0027Eglise",
"country": "BE",
"postcode": "4360",
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],
"notary": {
"name": "Reginald WAUTERS",
"firm_city": null,
"firm_name": null,
"office_city": "Hannut",
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},
"act_meta": {
"language": "mixed",
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}| Legal nameFR | BIORES |