Bivan
Annual accounts 2025
micro format, filed on 13-05-2026, 79 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €114,426 on 31-12-2025in euro
in euro
Position in the sector
98.9%
Higher than 95% of 200 companies in 2025.
91.50
Higher than 95% of 194 companies in 2025.
-20.9%
Higher than 20% of 196 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
114,426 | 140,343 | 209,482 | 218,776 | 258,175 | 241,710 | 257,369 | 283,619 | 248,250 | 222,406 | 431,561 | 447,588 | 462,423 | 477,794 | 485,634 | 573,504 | 558,911 | |
21/28 |
1,800 | 1,800 | 2,021 | 923 | 701 | 510 | 67 | 285 | 502 | 266 | 4,504 | 9,008 | 13,513 | 18,182 | 652 | 1,139 | 965 | |
21 |
- | - | 116 | 281 | 446 | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
- | - | 105 | 642 | 255 | 510 | 67 | 285 | 502 | 266 | 4,504 | 9,008 | 13,513 | 18,182 | 652 | 1,139 | 965 | |
24 |
- | - | 105 | 642 | 255 | 510 | 67 | 285 | 502 | 266 | 4,504 | 9,008 | 13,513 | 18,182 | 652 | 1,139 | 965 | |
28 |
1,800 | 1,800 | 1,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
112,626 | 138,543 | 207,461 | 217,853 | 257,474 | 241,201 | 257,302 | 283,334 | 247,748 | 222,140 | 427,057 | 438,580 | 448,910 | 459,612 | 484,982 | 572,365 | 557,946 | |
29 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | |
3 |
3,168 | 7,158 | 5,074 | 7,116 | 16,238 | 5,750 | 6,937 | 10,484 | 3,498 | 9,424 | 21,237 | 24,237 | 37,795 | 28,924 | 53,644 | 68,277 | 76,397 | |
30/36 |
3,168 | 7,158 | 5,074 | 7,116 | 16,238 | 5,750 | 6,937 | 10,484 | 3,498 | 9,424 | 21,237 | 24,237 | 37,795 | 28,924 | 53,644 | 68,277 | 76,397 | |
40/41 |
18,780 | 20,467 | 34,558 | 32,470 | 73,458 | 103,364 | 97,500 | 115,817 | 148,473 | 167,884 | 336,317 | 363,599 | 361,017 | 421,272 | 420,433 | 501,321 | 477,219 | |
40 |
18,780 | 20,467 | 34,558 | 31,398 | 73,458 | 103,364 | 96,834 | 111,584 | 142,075 | 159,281 | 335,934 | 363,599 | 361,017 | 421,272 | 410,427 | 489,260 | 470,652 | |
41 |
- | - | - | 1,073 | - | - | 666 | 4,232 | 6,398 | 8,603 | 383 | - | - | - | 10,006 | 12,061 | 6,567 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | |
54/58 |
89,730 | 110,071 | 167,034 | 177,034 | 166,598 | 130,985 | 150,812 | 155,085 | 94,002 | 44,832 | 69,325 | 50,566 | 49,512 | 8,192 | 10,905 | 2,767 | 4,330 | |
490/1 |
947 | 848 | 795 | 1,232 | 1,179 | 1,102 | 2,053 | 1,949 | 1,775 | - | 178 | 178 | 586 | 1,224 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
114,426 | 140,343 | 209,482 | 218,776 | 258,175 | 241,710 | 257,369 | 283,619 | 248,250 | 222,406 | 431,561 | 447,588 | 462,423 | 477,794 | 485,634 | 573,504 | 558,911 | |
10/15 |
113,195 | 137,114 | 147,186 | 157,477 | 183,520 | 179,310 | 196,750 | 216,013 | 179,571 | 167,276 | 312,285 | 324,971 | 333,076 | 335,628 | 323,093 | 322,982 | 320,450 | |
10/11 |
60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | |
100 |
- | - | - | - | - | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | |
13 |
50,000 | 136,000 | 136,000 | 136,000 | 136,000 | 136,000 | 136,000 | 136,000 | 106,000 | 264,971 | 264,971 | 264,971 | 273,076 | 275,628 | 263,093 | 262,982 | 260,450 | |
130/1 |
- | 6,000 | 6,000 | 6,000 | 6,000 | - | - | - | - | - | - | - | - | - | - | - | 33,014 | |
130 |
- | - | - | - | - | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | |
1311 |
- | 6,000 | 6,000 | 6,000 | 6,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 33,014 | |
133 |
50,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 100,000 | 258,971 | 258,971 | 258,971 | 267,076 | 269,628 | 257,093 | 256,982 | 221,436 | |
14 |
3,195 | -58,886 | -48,814 | -38,523 | -12,480 | -16,690 | 750 | 20,013 | 13,571 | -157,695 | -12,686 | - | - | - | - | - | - | |
16 |
- | - | - | - | - | - | - | - | - | - | 1,081 | 1,081 | 1,081 | 1,081 | 30 | 15 | 1,873 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | 1,081 | 1,081 | 1,081 | 1,081 | 30 | 15 | 1,873 | |
17/49 |
1,231 | 3,229 | 62,296 | 61,299 | 74,655 | 62,401 | 60,619 | 67,607 | 68,679 | 55,130 | 118,195 | 121,536 | 128,266 | 141,085 | 162,511 | 250,507 | 236,588 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | 1,018 | 13,237 | 13,875 | - | - | - | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | 1,018 | 13,237 | 13,875 | - | - | - | |
42/48 |
1,231 | 3,229 | 62,296 | 61,299 | 74,655 | 62,401 | 60,619 | 67,607 | 68,679 | 55,130 | 118,195 | 120,518 | 115,029 | 127,210 | 162,511 | 250,507 | 236,588 | |
42 |
- | - | - | - | - | - | - | - | - | - | 1,018 | 6,110 | 0 | - | - | - | - | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 5,472 | 7,376 | 112,492 | 3,430 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 5,472 | 7,376 | 112,492 | 3,430 | |
44 |
265 | 789 | 351 | 1,525 | 1,537 | 1,598 | 654 | 592 | 2,018 | 381 | 459 | 1,309 | 584 | - | 15,127 | 458 | 30,785 | |
440/4 |
265 | 789 | 351 | 1,525 | 1,537 | 1,598 | 654 | 592 | 2,018 | 381 | 459 | 1,309 | 584 | - | 15,127 | 458 | 30,785 | |
45 |
476 | 1,950 | 2,159 | - | 825 | 5,136 | 2,608 | 6,567 | 1,551 | 1,035 | 1,109 | 818 | 1,411 | 7,036 | 18,467 | 17,772 | 18,121 | |
450/3 |
476 | 1,950 | 2,159 | - | 825 | 5,136 | 2,608 | 6,567 | 1,551 | 1,035 | 1,109 | 818 | 1,411 | 7,036 | 18,467 | 17,772 | 18,121 | |
47/48 |
490 | 490 | 59,785 | 59,774 | 72,292 | 55,666 | 57,357 | 60,448 | 65,110 | 53,714 | 115,609 | 112,281 | 113,034 | 114,702 | 121,541 | 119,785 | 184,252 | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 495 | - | |
9900 |
-22,129 | -9,596 | -7,621 | -25,436 | -10,477 | -13,714 | -17,449 | -6,745 | -20,859 | 4,628 | -1,669 | -3,784 | 8,890 | 38,406 | 28,159 | 12,968 | 50,970 | |
630 |
- | - | 702 | 626 | 303 | 322 | 217 | 217 | 483 | 4,637 | 4,504 | 4,505 | 4,669 | 4,991 | 487 | 486 | 322 | |
631/4 |
-38 | -210 | 527 | -3,694 | -16,535 | 119 | -602 | -46,820 | -36,719 | 140,220 | - | -7,223 | 82 | 8,467 | -1,255 | -8,347 | 11,645 | |
635/8 |
- | - | - | - | - | - | - | - | - | -1,081 | - | - | - | 1,051 | 15 | -1,857 | -978 | |
640/8 |
1,134 | 1,171 | 701 | 695 | 693 | 687 | 681 | 887 | 798 | 1,148 | 821 | 837 | 868 | 3,171 | 1,019 | 1,207 | 1,735 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,447 | - | - | |
9901 |
-23,225 | -10,557 | -9,551 | -23,063 | 5,061 | -14,842 | -17,744 | 38,971 | 14,579 | -140,296 | -6,994 | -1,903 | 3,271 | 20,726 | 27,893 | 21,479 | 38,246 | |
75/76B |
- | - | - | - | - | - | 593 | - | - | 7 | 155 | 809 | 949 | 1,267 | 1,936 | 1,176 | 1,702 | |
75 |
- | - | - | - | - | - | 593 | - | - | 7 | 155 | 809 | 949 | 1,267 | 1,936 | 1,176 | 1,702 | |
65/66B |
555 | 635 | 623 | 2,863 | 735 | 2,484 | 1,984 | 2,476 | 2,234 | 4,667 | 5,080 | 7,011 | 6,772 | 9,458 | 16,999 | 20,617 | 14,609 | |
65 |
555 | 635 | 623 | 2,863 | 735 | 2,484 | 1,984 | 2,476 | 2,234 | 4,667 | 5,080 | 7,011 | 6,772 | 9,458 | 16,999 | 20,617 | 14,609 | |
9903 |
-23,780 | -11,191 | -10,174 | -25,926 | 4,326 | -17,326 | -19,135 | 36,495 | 12,345 | -144,956 | -11,919 | -8,105 | -2,552 | 12,535 | 383 | 2,533 | 25,339 | |
67/77 |
140 | 132 | 117 | 116 | 117 | 114 | 128 | 54 | 49 | 53 | 767 | - | - | - | 272 | - | 2,321 | |
9904 |
-23,919 | -11,323 | -10,291 | -26,043 | 4,210 | -17,440 | -19,263 | 36,441 | 12,296 | -145,009 | -12,686 | -8,105 | -2,552 | 12,535 | 111 | 2,533 | 23,018 | |
9905 |
-23,919 | -11,323 | -10,291 | -26,043 | 4,210 | -17,440 | -19,263 | 36,441 | 12,296 | -145,009 | -12,686 | -8,105 | -2,552 | 12,535 | 111 | 2,533 | 23,018 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-82,805 | -58,886 | -48,814 | -38,523 | -12,480 | -16,690 | 750 | 50,013 | -145,399 | -157,695 | -12,686 | -8,105 | -2,552 | 12,535 | 111 | 2,533 | 23,018 | |
14P |
-58,886 | -47,563 | -38,523 | -12,480 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
86,000 | - | - | - | - | - | - | - | 158,970 | - | - | 8,105 | 2,552 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 30,000 | - | - | - | - | - | 12,535 | 111 | 2,533 | 23,018 | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 505 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 51 | |
6921 |
- | - | - | - | - | - | - | 30,000 | - | - | - | - | - | 12,535 | 111 | 2,533 | 22,462 | |
| Document | ||||||||||||||||||
The accounts for 31 older financial years (1977-2007) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 13-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 13-05-2026 | 2026-00110139 | |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00449566 | |
| 31-12-2022 | micro format | 26-05-2023 | 2023-00095156 | |
| 31-12-2021 | micro format | 30-07-2022 | 2022-20251609 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-60900429 | |
| 31-12-2019 | micro format | 29-07-2020 | 2020-35800019 | |
| 31-12-2018 | micro format | 30-07-2019 | 2019-41300320 | |
| 31-12-2017 | micro format | 04-08-2018 | 2018-43400519 | |
| 31-12-2016 | micro format | 25-08-2017 | 2017-48400502 | |
| 31-12-2015 | full format | 11-08-2016 | 2016-42100399 | |
| 31-12-2014 | full format | 27-08-2015 | 2015-51800562 | |
| 31-12-2013 | full format | 07-07-2014 | 2014-27700051 | |
| 31-12-2012 | full format | 12-07-2013 | 2013-30500001 | |
| 31-12-2011 | full format | 27-08-2012 | 2012-46200080 | |
| 31-12-2010 | full format | 30-05-2011 | 2011-13200333 | |
| 31-12-2009 | full format | 16-06-2010 | 2010-18500216 | |
| 31-12-2008 | full format | 28-08-2009 | 2009-70400107 | |
| 31-12-2007 | full format | 22-04-2008 | 2008-10700276 | |
| 31-12-2006 | full format | 20-04-2007 | 2007-12200063 | |
| 31-12-2005 | full format | 27-09-2006 | 2006-80200059 | |
| 31-12-2004 | full format | 16-09-2005 | 2005-68303990 | |
| 31-12-2003 | full format | 07-05-2004 | 2004-13800557 | |
| 31-12-2002 | full format | 27-05-2003 | 2003-17000782 | |
| 31-12-2001 | full format | 13-06-2002 | 2002-20502654 | |
| 31-12-2000 | full format | 10-07-2001 | 2001-35804431 | |
| 31-12-1999 | full format | 28-06-2000 | 2000-30300852 | |
| 31-12-1998 | full format | 28-04-1999 | 1999-08304813 | |
| 31-12-1997 | full format | 02-06-1998 | 1998-12600271 | |
| 31-12-1996 | full format | 03-06-1997 | 1997-11204451 | |
| 31-12-1995 | full format | 12-06-1996 | 1996-15900614 | |
| 31-12-1994 | full format | 02-06-1995 | 1995-11802180 | |
| 31-12-1993 | full format | 24-06-1994 | 1994-19801363 | |
| 31-12-1992 | full format | 28-06-1993 | 1993-18603518 | |
| 31-12-1991 | full format | 26-06-1992 | 1992-15301727 | |
| 31-12-1990 | full format | 03-07-1991 | 1991-15402654 | |
| 31-12-1989 | full format | 22-06-1990 | 1990-10601327 | |
| 31-12-1988 | full format | 27-06-1989 | 1989-11302552 | |
| 31-12-1987 | abbreviated format | 01-07-1988 | 1988-12800633 | |
| 31-12-1986 | abbreviated format | 01-07-1987 | 1987-14400303 | |
| 31-12-1985 | abbreviated format | 02-07-1986 | 1986-23601960 | |
| 31-12-1984 | abbreviated format | 18-06-1985 | 1985-12202416 | |
| 31-12-1983 | unclassified schema | 29-06-1984 | 1984-08302052 | |
| 31-12-1982 | unclassified schema | 20-06-1983 | 1983-06201113 | |
| 31-12-1981 | unclassified schema | 24-06-1982 | 1982-06601945 | |
| 31-12-1980 | unclassified schema | 28-07-1981 | 1981-09800264 | |
| 31-12-1979 | unclassified schema | 17-06-1980 | 1980-05602165 | |
| 31-12-1978 | unclassified schema | 09-05-1979 | 1979-02401593 | |
| 31-12-1977 | unclassified schema | 26-05-1978 | 1978-01100670 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | -8,849 | -22,437 | 5,365 | -14,520 | -17,527 | 39,188 | 15,062 | -135,659 | -2,490 | 2,602 | 7,940 | 25,717 | 28,380 | 21,965 | 38,568 | ||
| - | - | -9,589 | -25,417 | 4,513 | -17,118 | -19,045 | 36,659 | 12,779 | -140,372 | -8,182 | -3,600 | 2,117 | 17,526 | 598 | 3,019 | 23,340 | ||
| - | - | 1,800 | 848 | 494 | 765 | 0 | 0 | 720 | 399 | 0 | 0 | 0 | 22,521 | 0 | 660 | 1,005 | ||
| -20,341 | - | -10,000 | 10,436 | 35,613 | -19,827 | -4,273 | 61,083 | 49,170 | -24,493 | 18,759 | 1,054 | 41,320 | -2,713 | 8,138 | -1,563 | - | ||
| 111,395 | 135,314 | 145,165 | 156,554 | 182,819 | 178,800 | 196,683 | 215,728 | 179,069 | 167,010 | 308,862 | 318,062 | 333,881 | 332,402 | 322,471 | 321,858 | 321,358 | ||
| 98.9% | 97.7% | 70.3% | 72.0% | 71.1% | 74.2% | 76.4% | 76.2% | 72.3% | 75.2% | 72.4% | 72.6% | 72.0% | 70.2% | 66.5% | 56.3% | 57.3% | ||
| 91.50 | 42.91 | 3.33 | 3.55 | 3.45 | 3.87 | 4.24 | 4.19 | 3.61 | 4.03 | 3.61 | 3.64 | 3.90 | 3.61 | 2.98 | 2.28 | 2.36 | ||
| 88.93 | 40.69 | 3.25 | 3.44 | 3.23 | 3.77 | 4.13 | 4.04 | 3.56 | 3.86 | 3.43 | 3.44 | 3.57 | 3.39 | 2.65 | 2.01 | 2.04 | ||
| 0.01 | 0.02 | 0.42 | 0.39 | 0.41 | 0.35 | 0.31 | 0.31 | 0.38 | 0.33 | 0.38 | 0.37 | 0.39 | 0.42 | 0.50 | 0.78 | 0.74 | ||
| -21.1% | -8.3% | -7.0% | -16.5% | 2.3% | -9.7% | -9.8% | 16.9% | 6.8% | -86.7% | -4.1% | -2.5% | -0.8% | 3.7% | 0.0% | 0.8% | 7.2% | ||
| -20.9% | -8.1% | -4.9% | -11.9% | 1.6% | -7.2% | -7.5% | 12.8% | 5.0% | -65.2% | -2.9% | -1.8% | -0.6% | 2.6% | 0.0% | 0.4% | 4.1% | ||
| - | - | -14.21 | -7.84 | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €848 |
| Financial fixed assets | - | - | €1,800 | - |
| - | - | €702 | €626 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Bivan
The operating result for 2025 is a loss of €23,225, larger than the loss of €10,557 in 2024. It is the lowest result since 2015.
Debt's share of the balance-sheet total falls from 2.3% to 1.1%. Equity and debt are lower.