Biological Village is selling more, losing less, but has not yet moved into profitability. In 2025 the chain increased its sales by 6% to 24.041 million euros and reduced net losses to 682,675 euros, from 1.317 million euros in 2024.
During the same period gross profit increased to 8.86 million euros from 7.971 million euros, with the gross margin rising to 36.85% from 35.11%, while EBITDA returned to positive territory, at 415,862 euros, from losses of 153,363 euros.
However equity fell to 511.8 thousand euros from 1.19 million euros, while short-term liabilities almost doubled, to 11.66 million euros from 5.82 million euros, because the short-term portion of a long-term loan amounting to 6.5 million euros was transferred to them.
Against these liabilities, current assets were only 3.95 million euros. Working capital was negative 7.71 million euros (from -981,373.46 euros), while cash and cash equivalents were reduced to 620,961 euros, from 1.89 million euros.
All these are also at the center of the observations of the certified auditor, who issued a qualified opinion. Among other things, he states that depreciation had not been carried out on certain tangible and intangible fixed assets, with the result that equity appears increased by 1.18 million euros.
He also points out that no impairment of approximately 790 thousand euros has been carried out on participations, as well as no impairment of deferred tax assets amounting to 1.317 million euros.
In fact, the auditor notes that, if the matters included in the basis for the qualified opinion are taken into account, the company’s equity has become lower than half of the share capital. As a result, he states that the conditions of paragraph 4 of article 119 of Law 4548/2018 are met, under which the Board of Directors is obliged to convene the general meeting with the subject of taking appropriate measures.
Despite the pressures, Biological Village continues to invest in its network. At the end of 2025 the company had a presence through 25 branches, from Glyfada, Kolonaki and Psychiko to Piraeus and Larissa.
For the current period, management sets as a goal the development of the network, the increase of sales and profitability, and the strengthening of the online store.