Bivanti: what changed
Two financial 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.
Bivanti
Largest movements
- Cash +€26,090
up €26,090 (+200.4%), from €13,021 to €39,111
mainly Net result for the year (+€44,134) and Tax, wage and social debts (+€18,517)
- Receivables within one year +€23,991
up €23,991 (+129.3%), from €18,550 to €42,541
of which Other amounts receivable: +€23,991
- Current investments +€16,000
up €16,000 (+320.0%), from €5,000 to €21,000
- Tangible fixed assets -€13,969
down €13,969 (-20.6%), from €67,659 to €53,690
of which Furniture and vehicles: -€13,846
- Deferred charges and accrued income -€2,308
down €2,308 (-65.0%), from €3,551 to €1,243
- Profit (loss) carried forward +€44,134
up €44,134 (+153.8%), from €28,701 to €72,835
- Other debts -€27,699
down €27,699 (-61.1%), from €45,332 to €17,633
- Tax, wage and social debts +€18,517
up €18,517 (+159.4%), from €11,620 to €30,137
of which Taxes: +€17,506
- Trade debts +€14,307
up €14,307 (+69.2%), from €20,673 to €34,981
- Gross operating margin +€34,797
up €34,797 (+77.0%), from €45,213 to €80,009
- Depreciation +€7,475
up €7,475 (+91.5%), from €8,169 to €15,644
- Other operating charges +€7,303
up €7,303 (+2298.8%), from €318 to €7,621
- Taxes +€4,699
up €4,699 (+60.5%), from €7,767 to €12,466
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 | €108,326 | €157,586 | +€49,260 | +45.5% |
| Formation expenses | 20 | €545 | €0 | -€545 | -100.0% |
| Fixed assets | 21/28 | €67,659 | €53,690 | -€13,969 | -20.6% |
| Tangible fixed assets | 22/27 | €67,659 | €53,690 | -€13,969 | -20.6% |
| Plant, machinery and equipment | 23 | €2,831 | €2,708 | -€123 | -4.3% |
| Furniture and vehicles | 24 | €64,828 | €50,982 | -€13,846 | -21.4% |
| Current assets | 29/58 | €40,122 | €103,895 | +€63,774 | +159.0% |
| Amounts receivable within one year | 40/41 | €18,550 | €42,541 | +€23,991 | +129.3% |
| Trade receivables | 40 | €18,150 | €18,150 | = | 0.0% |
| Other amounts receivable | 41 | €400 | €24,391 | +€23,991 | +5997.9% |
| Current investments | 50/53 | €5,000 | €21,000 | +€16,000 | +320.0% |
| Cash at bank and in hand | 54/58 | €13,021 | €39,111 | +€26,090 | +200.4% |
| Deferred charges and accrued income | 490/1 | €3,551 | €1,243 | -€2,308 | -65.0% |
| Total equity and liabilities | 10/49 | €108,326 | €157,586 | +€49,260 | +45.5% |
| Equity | 10/15 | €30,701 | €74,835 | +€44,134 | +143.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,701 | €72,835 | +€44,134 | +153.8% |
| Amounts payable | 17/49 | €77,625 | €82,751 | +€5,126 | +6.6% |
| Amounts payable within one year | 42/48 | €77,625 | €82,751 | +€5,126 | +6.6% |
| Trade debts | 44 | €20,673 | €34,981 | +€14,307 | +69.2% |
| Suppliers | 440/4 | €20,673 | €34,981 | +€14,307 | +69.2% |
| Taxes, remuneration and social security | 45 | €11,620 | €30,137 | +€18,517 | +159.4% |
| Taxes | 450/3 | €10,620 | €28,126 | +€17,506 | +164.8% |
| Remuneration and social security | 454/9 | €1,000 | €2,011 | +€1,011 | +101.1% |
| Other amounts payable | 47/48 | €45,332 | €17,633 | -€27,699 | -61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,169 | €15,644 | +€7,475 | +91.5% |
| Other operating charges | 640/8 | €318 | €7,621 | +€7,303 | +2298.8% |
| Gross operating margin | 9900 | €45,213 | €80,009 | +€34,797 | +77.0% |
| Operating profit (loss) | 9901 | €36,726 | €56,745 | +€20,019 | +54.5% |
| Financial income | 75/76B | €11 | €221 | +€210 | +1931.0% |
| Recurring financial income | 75 | €11 | €221 | +€210 | +1931.0% |
| Financial charges | 65/66B | €269 | €366 | +€97 | +36.2% |
| Recurring financial charges | 65 | €269 | €366 | +€97 | +36.2% |
| Profit (loss) for the period before taxes | 9903 | €36,468 | €56,600 | +€20,132 | +55.2% |
| Income taxes | 67/77 | €7,767 | €12,466 | +€4,699 | +60.5% |
| Profit (loss) for the period | 9904 | €28,701 | €44,134 | +€15,433 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,701 | €44,134 | +€15,433 | +53.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.