BIVERMA: 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.
BIVERMA
Largest movements
- Receivables within one year +€162,650
up €162,650 (+42.4%), from €383,560 to €546,210
- Tangible fixed assets -€106,611
down €106,611 (-5.6%), from €1.9m to €1.8m
of which Land and buildings: -€88,129
- Financial fixed assets -€71,333
down €71,333 (-29.8%), from €239,377 to €168,044
- Debts after one year -€133,333
down €133,333 (-14.0%), from €955,556 to €822,222
- Profit (loss) carried forward +€92,138
up €92,138 (+14.2%), from €647,681 to €739,818
- Other debts +€45,000
new in 2025: €45,000
- Financial income +€90,580
up €90,580 (+557%), from €16,262 to €106,842
- Gross operating margin +€25,592
up €25,592 (+13.9%), from €183,600 to €209,192
- Taxes +€3,037
up €3,037 (+68.7%), from €4,422 to €7,459
- Financial charges -€2,699
down €2,699 (-10.7%), from €25,313 to €22,613
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.
Derived cash bridge
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 | €2,675,962 | €2,677,594 | +€1,632 | +0.1% |
| Fixed assets | 21/28 | €2,150,745 | €1,972,801 | -€177,944 | -8.3% |
| Tangible fixed assets | 22/27 | €1,911,368 | €1,804,758 | -€106,611 | -5.6% |
| Land and buildings | 22 | €1,871,539 | €1,783,410 | -€88,129 | -4.7% |
| Furniture and vehicles | 24 | €3,998 | €911 | -€3,087 | -77.2% |
| Leasing and similar rights | 25 | €35,831 | €20,437 | -€15,395 | -43.0% |
| Financial fixed assets | 28 | €239,377 | €168,044 | -€71,333 | -29.8% |
| Current assets | 29/58 | €525,217 | €704,793 | +€179,576 | +34.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €383,560 | €546,210 | +€162,650 | +42.4% |
| Other amounts receivable | 41 | €383,560 | €546,210 | +€162,650 | +42.4% |
| Cash at bank and in hand | 54/58 | €123,022 | €140,276 | +€17,254 | +14.0% |
| Deferred charges and accrued income | 490/1 | €18,635 | €18,307 | -€329 | -1.8% |
| Total equity and liabilities | 10/49 | €2,675,962 | €2,677,594 | +€1,632 | +0.1% |
| Equity | 10/15 | €1,536,304 | €1,628,441 | +€92,138 | +6.0% |
| Contributions | 10/11 | €706,889 | €706,889 | = | 0.0% |
| Capital | 10 | €638,101 | €638,101 | = | 0.0% |
| Issued capital | 100 | €638,101 | €638,101 | = | 0.0% |
| Contributions outside capital | 11 | €68,788 | €68,788 | = | 0.0% |
| Share premium | 1100/10 | €68,788 | €68,788 | = | 0.0% |
| Reserves | 13 | €181,733 | €181,733 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,490 | €6,490 | = | 0.0% |
| Legal reserve | 130 | €6,490 | €6,490 | = | 0.0% |
| Distributable reserves | 133 | €175,244 | €175,244 | = | 0.0% |
| Profit (loss) carried forward | 14 | €647,681 | €739,818 | +€92,138 | +14.2% |
| Amounts payable | 17/49 | €1,139,659 | €1,049,153 | -€90,506 | -7.9% |
| Amounts payable after more than one year | 17 | €955,556 | €822,222 | -€133,333 | -14.0% |
| Financial debts | 170/4 | €955,556 | €822,222 | -€133,333 | -14.0% |
| Amounts payable within one year | 42/48 | €184,103 | €226,930 | +€42,828 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €133,333 | €133,333 | = | 0.0% |
| Trade debts | 44 | €35,006 | €35,206 | +€199 | +0.6% |
| Suppliers | 440/4 | €35,006 | €35,206 | +€199 | +0.6% |
| Taxes, remuneration and social security | 45 | €15,763 | €13,391 | -€2,372 | -15.0% |
| Taxes | 450/3 | €15,763 | €13,391 | -€2,372 | -15.0% |
| Other amounts payable | 47/48 | - | €45,000 | +€45,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,611 | €106,611 | = | 0.0% |
| Other operating charges | 640/8 | €41,046 | €42,214 | +€1,168 | +2.8% |
| Gross operating margin | 9900 | €183,600 | €209,192 | +€25,592 | +13.9% |
| Operating profit (loss) | 9901 | €35,943 | €60,367 | +€24,424 | +68.0% |
| Financial income | 75/76B | €16,262 | €106,842 | +€90,580 | +557% |
| Recurring financial income | 75 | €16,262 | €106,842 | +€90,580 | +557% |
| Financial charges | 65/66B | €25,313 | €22,613 | -€2,699 | -10.7% |
| Recurring financial charges | 65 | €25,313 | €22,613 | -€2,699 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €26,893 | €144,596 | +€117,703 | +438% |
| Income taxes | 67/77 | €4,422 | €7,459 | +€3,037 | +68.7% |
| Profit (loss) for the period | 9904 | €22,471 | €137,138 | +€114,667 | +510% |
| Profit (loss) for the period to be appropriated | 9905 | €22,471 | €137,138 | +€114,667 | +510% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.