BIVARNA: 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.
BIVARNA
Largest movements
- Receivables within one year +€75,435
up €75,435 (+128%), from €59,036 to €134,471
of which Trade receivables: +€72,856
- Trade debts +€60,342
up €60,342 (+101%), from €59,777 to €120,119
of which Bills of exchange payable: +€58,224
- Profit (loss) carried forward +€13,295
up €13,295 (+129%), from €10,279 to €23,574
- Tax, wage and social debts +€1,830
up €1,830 (+50.2%), from €3,645 to €5,475
- Purchases and services +€65,121
up €65,121 (+34.7%), from €187,494 to €252,615
- Gross operating margin +€12,098
up €12,098 (+83.8%), from €14,440 to €26,538
- Depreciation +€1,691
up €1,691 (+22.7%), from €7,458 to €9,149
- Taxes +€1,586
up €1,586 (+81.5%), from €1,947 to €3,533
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.
Derived cash bridge
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 | €73,701 | €149,168 | +€75,467 | +102% |
| Fixed assets | 21/28 | €7,684 | €8,785 | +€1,101 | +14.3% |
| Tangible fixed assets | 22/27 | €7,684 | €8,785 | +€1,101 | +14.3% |
| Furniture and vehicles | 24 | €7,684 | €8,785 | +€1,101 | +14.3% |
| Current assets | 29/58 | €66,017 | €140,383 | +€74,366 | +113% |
| Amounts receivable within one year | 40/41 | €59,036 | €134,471 | +€75,435 | +128% |
| Trade receivables | 40 | €57,091 | €129,947 | +€72,856 | +128% |
| Other amounts receivable | 41 | €1,945 | €4,524 | +€2,579 | +133% |
| Cash at bank and in hand | 54/58 | €6,981 | €5,912 | -€1,069 | -15.3% |
| Total equity and liabilities | 10/49 | €73,701 | €149,168 | +€75,467 | +102% |
| Equity | 10/15 | €10,279 | €23,574 | +€13,295 | +129% |
| Profit (loss) carried forward | 14 | €10,279 | €23,574 | +€13,295 | +129% |
| Amounts payable | 17/49 | €63,422 | €125,594 | +€62,172 | +98.0% |
| Amounts payable within one year | 42/48 | €63,422 | €125,594 | +€62,172 | +98.0% |
| Trade debts | 44 | €59,777 | €120,119 | +€60,342 | +101% |
| Suppliers | 440/4 | - | €2,118 | +€2,118 | |
| Bills of exchange payable | 441 | €59,777 | €118,001 | +€58,224 | +97.4% |
| Taxes, remuneration and social security | 45 | €3,645 | €5,475 | +€1,830 | +50.2% |
| Taxes | 450/3 | €3,645 | €5,475 | +€1,830 | +50.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €187,494 | €252,615 | +€65,121 | +34.7% |
| Remuneration, social security and pensions | 62 | €4 | €219 | +€215 | +5,375% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,458 | €9,149 | +€1,691 | +22.7% |
| Other operating charges | 640/8 | - | €263 | +€263 | |
| Gross operating margin | 9900 | €14,440 | €26,538 | +€12,098 | +83.8% |
| Operating profit (loss) | 9901 | €6,978 | €16,907 | +€9,929 | +142% |
| Financial charges | 65/66B | €63 | €79 | +€16 | +25.4% |
| Recurring financial charges | 65 | €63 | €79 | +€16 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €6,915 | €16,828 | +€9,913 | +143% |
| Income taxes | 67/77 | €1,947 | €3,533 | +€1,586 | +81.5% |
| Profit (loss) for the period | 9904 | €4,968 | €13,295 | +€8,327 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €4,968 | €13,295 | +€8,327 | +168% |
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 14 October 2026 via checked.be.