Bivast: 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.
Bivast
Largest movements
- Tangible fixed assets -€89,730
down €89,730 (-2.2%), from €4.1m to €4.0m
- Debts after one year -€73,178
down €73,178 (-2.6%), from €2.8m to €2.7m
- Gross operating margin +€7,424
up €7,424 (+6.1%), from €120,785 to €128,209
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,055,923 | €3,972,675 | -€83,248 | -2.1% |
| Fixed assets | 21/28 | €4,054,148 | €3,964,418 | -€89,730 | -2.2% |
| Tangible fixed assets | 22/27 | €4,054,148 | €3,964,418 | -€89,730 | -2.2% |
| Land and buildings | 22 | €4,054,148 | €3,964,418 | -€89,730 | -2.2% |
| Current assets | 29/58 | €1,775 | €8,257 | +€6,482 | +365.2% |
| Amounts receivable within one year | 40/41 | €1,600 | €2,600 | +€1,000 | +62.5% |
| Other amounts receivable | 41 | €1,600 | €2,600 | +€1,000 | +62.5% |
| Cash at bank and in hand | 54/58 | €175 | €5,657 | +€5,482 | +3132.6% |
| Total equity and liabilities | 10/49 | €4,055,923 | €3,972,675 | -€83,248 | -2.1% |
| Equity | 10/15 | €985,049 | €973,367 | -€11,682 | -1.2% |
| Contributions | 10/11 | €1,118,195 | €1,118,195 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,146 | -€144,828 | -€11,682 | -8.8% |
| Amounts payable | 17/49 | €3,070,874 | €2,999,308 | -€71,566 | -2.3% |
| Amounts payable after more than one year | 17 | €2,765,137 | €2,691,959 | -€73,178 | -2.6% |
| Financial debts | 170/4 | €2,765,137 | €2,691,959 | -€73,178 | -2.6% |
| Amounts payable within one year | 42/48 | €305,737 | €293,024 | -€12,713 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €72,269 | €73,177 | +€908 | +1.3% |
| Trade debts | 44 | €12,818 | €9,197 | -€3,621 | -28.2% |
| Suppliers | 440/4 | €12,818 | €9,197 | -€3,621 | -28.2% |
| Other amounts payable | 47/48 | €220,650 | €210,650 | -€10,000 | -4.5% |
| Accrued charges and deferred income | 492/3 | - | €14,325 | +€14,325 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,730 | €89,730 | = | 0.0% |
| Other operating charges | 640/8 | €12,966 | €12,445 | -€521 | -4.0% |
| Gross operating margin | 9900 | €120,785 | €128,209 | +€7,424 | +6.1% |
| Operating profit (loss) | 9901 | €18,089 | €26,034 | +€7,945 | +43.9% |
| Financial charges | 65/66B | €38,691 | €37,716 | -€975 | -2.5% |
| Recurring financial charges | 65 | €38,691 | €37,716 | -€975 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€20,602 | -€11,682 | +€8,920 | +43.3% |
| Profit (loss) for the period | 9904 | -€20,602 | -€11,682 | +€8,920 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,602 | -€11,682 | +€8,920 | +43.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.