Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BIO-N.R.GY from Pittem, company number BE0450980813, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year BIO-N.R.GY recorded a gross margin of € -230,786 and equity of € -11.7 million. Compared with financial year 2024, the result moved from € -1.3 million to € -1.5 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.
€ -11.7 million
▼ € 1.5 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
€ 47,276
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11.8 million.
People and assets in 2025
2.3
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 126,828
▼ 26% vs 2024
€ 55,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 836,606
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,024
▼ 81% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,065,705 | € 1,232,659 | € 168,934 | - | |
| Gross margin | € -599,254 | € -171,420 | € -411,217 | € -230,786 | ▲ € 180,431 |
| Profit after taxes | € -1,538,080 | € -2,283,487 | € -1,328,284 | € -1,499,911 | ▼ € 171,627 |
| Equity | € -6,563,242 | € -8,846,729 | € -10,175,013 | € -11,674,924 | ▼ € 1.5 million |
| Total debts | € 8,612,330 | € 9,539,439 | € 10,488,979 | € 11,652,995 | ▲ 11% |
| Cash | € 174,622 | € 65,632 | € 108,479 | € 47,276 | ▼ 56% |
| Land & buildings | € 170,821 | € 194,388 | € 179,276 | € 164,165 | ▼ 8% |
| Retained profit | € -6,689,568 | € -8,973,056 | € -10,301,340 | € -11,801,251 | ▼ € 1.5 million |
| Balance sheet total | € 2,292,143 | € 1,336,536 | € 957,792 | € 621,897 | ▼ 35% |
| Employees (FTE) | 2 | 2 | 3 | 2.3 | ▼ 0.7 |
Key figures of BIO-N.R.GY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BIO-N.R.GY?
What happened at BIO-N.R.GY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cédric BRAUNWALD stepped down as director. NBB
- Philippe SPANNAGEL stepped down as director. NBB
- Yannick GODET stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.5 million. filed late Source: NBB ↗
- Alain PLANCHOT stepped down as director. NBB
- Karin VIOLEAU ARGOUD stepped down as director. NBB
- Geoffrey MATTLINGER stepped down as director. NBB
- Cédric BRAUNWALD became a director. NBB
In short
From € 1.5 million loss in 2022 to € 1.5 million loss in 2025.
Management
Directors
According to the 2025 annual accounts
Alain PLANCHOT
Director
since 2023 · until 2025
Karin VIOLEAU ARGOUD
Director
since 2023 · until 2025
Geoffrey MATTLINGER
Director
since 2025 · until 2025
since 2025 · until 2031
since 2025 · until 2031
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 176
8740 Pittem
Knokkebaan 14
9880 Aalter
Active since 21 August 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.980.813
- VAT number
- BE 0450.980.813
- Registered office
- Brugsesteenweg 176, 8740 Pittem
- Names & denominations
- BIO-N.R.GY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1993
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Terugwinning van materialen uit afval
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
Handelsbemiddeling in brandstoffen, ertsen, metalen en chemische producten
Behandeling en verwijdering van ongevaarlijk afval, m.u.v. slib en vloeibare afvalstoffen
Handel in elektriciteit
Productie en distributie van gemengde energie