BAVARENT: what changed
Two fiscal 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.
BAVARENT
Largest movements
- Tangible fixed assets +€81,378
up €81,378 (+179.4%), from €45,350 to €126,728
of which Furniture and vehicles: +€46,756
- Cash +€20,044
up €20,044 (+636.2%), from €3,151 to €23,195
mainly Debts after one year (+€44,115) and Depreciation (+€37,765)
- Deferred charges and accrued income +€2,500
new in 2024: €2,500
- Receivables within one year +€2,496
up €2,496 (+13.8%), from €18,037 to €20,534
of which Other amounts receivable: +€3,096
- Debts after one year +€44,115
up €44,115 (+197.9%), from €22,287 to €66,403
- Other debts +€30,722
up €30,722 (+157.7%), from €19,477 to €50,199
- Current portion of long-term debt +€18,027
up €18,027 (+209.4%), from €8,610 to €26,637
- Trade debts +€17,067
up €17,067 (+3122.8%), from €547 to €17,613
- Tax, wage and social debts -€7,347
down €7,347 (-63.7%), from €11,526 to €4,179
- Depreciation +€8,471
up €8,471 (+28.9%), from €29,294 to €37,765
- Gross operating margin +€8,308
up €8,308 (+22.4%), from €37,115 to €45,423
- Financial charges +€2,489
up €2,489 (+298.8%), from €833 to €3,322
- Other operating charges -€814
down €814 (-48.8%), from €1,666 to €852
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,305 | €178,524 | +€105,219 | +143.5% |
| Fixed assets | 21/28 | €52,117 | €132,295 | +€80,178 | +153.8% |
| Intangible fixed assets | 21 | €3,893 | €2,693 | -€1,200 | -30.8% |
| Tangible fixed assets | 22/27 | €45,350 | €126,728 | +€81,378 | +179.4% |
| Plant, machinery and equipment | 23 | €39,197 | €47,320 | +€8,123 | +20.7% |
| Furniture and vehicles | 24 | €6,153 | €52,909 | +€46,756 | +759.9% |
| Leasing and similar rights | 25 | - | €26,499 | +€26,499 | |
| Financial fixed assets | 28 | €2,874 | €2,874 | = | 0.0% |
| Current assets | 29/58 | €21,188 | €46,229 | +€25,041 | +118.2% |
| Amounts receivable within one year | 40/41 | €18,037 | €20,534 | +€2,496 | +13.8% |
| Trade receivables | 40 | €18,037 | €17,437 | -€600 | -3.3% |
| Other amounts receivable | 41 | - | €3,096 | +€3,096 | |
| Cash at bank and in hand | 54/58 | €3,151 | €23,195 | +€20,044 | +636.2% |
| Deferred charges and accrued income | 490/1 | - | €2,500 | +€2,500 | |
| Total equity and liabilities | 10/49 | €73,305 | €178,524 | +€105,219 | +143.5% |
| Equity | 10/15 | €10,858 | €13,494 | +€2,635 | +24.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,858 | €8,494 | +€2,635 | +45.0% |
| Distributable reserves | 133 | €5,858 | €8,494 | +€2,635 | +45.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €62,446 | €165,030 | +€102,584 | +164.3% |
| Amounts payable after more than one year | 17 | €22,287 | €66,403 | +€44,115 | +197.9% |
| Financial debts | 170/4 | €22,287 | €66,403 | +€44,115 | +197.9% |
| Amounts payable within one year | 42/48 | €40,159 | €98,628 | +€58,468 | +145.6% |
| Current portion of amounts payable after more than one year | 42 | €8,610 | €26,637 | +€18,027 | +209.4% |
| Trade debts | 44 | €547 | €17,613 | +€17,067 | +3122.8% |
| Suppliers | 440/4 | €547 | €17,613 | +€17,067 | +3122.8% |
| Taxes, remuneration and social security | 45 | €11,526 | €4,179 | -€7,347 | -63.7% |
| Taxes | 450/3 | €11,526 | €4,179 | -€7,347 | -63.7% |
| Other amounts payable | 47/48 | €19,477 | €50,199 | +€30,722 | +157.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,294 | €37,765 | +€8,471 | +28.9% |
| Other operating charges | 640/8 | €1,666 | €852 | -€814 | -48.8% |
| Gross operating margin | 9900 | €37,115 | €45,423 | +€8,308 | +22.4% |
| Operating profit (loss) | 9901 | €6,154 | €6,805 | +€651 | +10.6% |
| Financial income | 75/76B | €19 | €72 | +€54 | +290.2% |
| Recurring financial income | 75 | €19 | €72 | +€54 | +290.2% |
| Financial charges | 65/66B | €833 | €3,322 | +€2,489 | +298.8% |
| Recurring financial charges | 65 | €833 | €3,322 | +€2,489 | +298.8% |
| Profit (loss) for the period before taxes | 9903 | €5,340 | €3,556 | -€1,784 | -33.4% |
| Income taxes | 67/77 | €1,318 | €921 | -€397 | -30.1% |
| Profit (loss) for the period | 9904 | €4,022 | €2,635 | -€1,387 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,022 | €2,635 | -€1,387 | -34.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.