BIVIO: 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.
BIVIO
Largest movements
- Cash -€95,972
down €95,972 (-48.1%), from €199,355 to €103,383
mainly Contributions, distributions and other (-€57,971) and Receivables within one year (-€38,033)
- Receivables within one year +€38,033
up €38,033 (+223.3%), from €17,029 to €55,062
of which Other amounts receivable: +€48,730
- Tangible fixed assets -€6,257
down €6,257 (-14.9%), from €41,952 to €35,695
of which Furniture and vehicles: -€9,458
- Reserves -€51,507
down €51,507 (-23.1%), from €222,928 to €171,420
- Other debts -€10,039
down €10,039 (-100.0%), from €10,039 to €0
- Accrued charges and deferred income -€4,672
down €4,672 (-100.0%), from €4,672 to €0
- Tax, wage and social debts +€2,680
up €2,680 (+123.2%), from €2,176 to €4,856
- Financial charges +€31,981
up €31,981 (+48105.6%), from €66 to €32,047
- Taxes -€10,786
down €10,786 (-76.8%), from €14,053 to €3,267
- Gross operating margin -€4,413
down €4,413 (-7.2%), from €61,267 to €56,854
- Depreciation +€994
up €994 (+8.6%), from €11,625 to €12,619
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 | €259,434 | €195,040 | -€64,395 | -24.8% |
| Fixed assets | 21/28 | €41,952 | €35,695 | -€6,257 | -14.9% |
| Tangible fixed assets | 22/27 | €41,952 | €35,695 | -€6,257 | -14.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €31,640 | €22,182 | -€9,458 | -29.9% |
| Other tangible fixed assets | 26 | €10,312 | €13,514 | +€3,202 | +31.0% |
| Current assets | 29/58 | €217,483 | €159,344 | -€58,138 | -26.7% |
| Amounts receivable within one year | 40/41 | €17,029 | €55,062 | +€38,033 | +223.3% |
| Trade receivables | 40 | €10,696 | €0 | -€10,696 | -100.0% |
| Other amounts receivable | 41 | €6,333 | €55,062 | +€48,730 | +769.5% |
| Cash at bank and in hand | 54/58 | €199,355 | €103,383 | -€95,972 | -48.1% |
| Deferred charges and accrued income | 490/1 | €1,098 | €899 | -€200 | -18.2% |
| Total equity and liabilities | 10/49 | €259,434 | €195,040 | -€64,395 | -24.8% |
| Equity | 10/15 | €241,478 | €189,970 | -€51,507 | -21.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €222,928 | €171,420 | -€51,507 | -23.1% |
| Distributable reserves | 133 | €222,928 | €171,420 | -€51,507 | -23.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,957 | €5,069 | -€12,887 | -71.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €13,285 | €5,069 | -€8,215 | -61.8% |
| Trade debts | 44 | €1,069 | €213 | -€856 | -80.1% |
| Suppliers | 440/4 | €1,069 | €213 | -€856 | -80.1% |
| Taxes, remuneration and social security | 45 | €2,176 | €4,856 | +€2,680 | +123.2% |
| Taxes | 450/3 | €2,176 | €4,856 | +€2,680 | +123.2% |
| Other amounts payable | 47/48 | €10,039 | €0 | -€10,039 | -100.0% |
| Accrued charges and deferred income | 492/3 | €4,672 | €0 | -€4,672 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,170 | €2,731 | +€561 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,625 | €12,619 | +€994 | +8.6% |
| Other operating charges | 640/8 | €513 | €838 | +€325 | +63.3% |
| Gross operating margin | 9900 | €61,267 | €56,854 | -€4,413 | -7.2% |
| Operating profit (loss) | 9901 | €46,958 | €40,665 | -€6,293 | -13.4% |
| Financial income | 75/76B | €1,285 | €1,112 | -€173 | -13.5% |
| Recurring financial income | 75 | €1,285 | €1,112 | -€173 | -13.5% |
| Financial charges | 65/66B | €66 | €32,047 | +€31,981 | +48105.6% |
| Recurring financial charges | 65 | €66 | €32,047 | +€31,981 | +48105.6% |
| Profit (loss) for the period before taxes | 9903 | €48,177 | €9,730 | -€38,447 | -79.8% |
| Income taxes | 67/77 | €14,053 | €3,267 | -€10,786 | -76.8% |
| Profit (loss) for the period | 9904 | €34,124 | €6,463 | -€27,661 | -81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,124 | €6,463 | -€27,661 | -81.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.