Bivolt: 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.
Bivolt
Largest movements
- Receivables within one year +€233,073
up €233,073 (+910.9%), from €25,587 to €258,660
of which Trade receivables: +€241,284
- Cash +€24,672
up €24,672 (+57.3%), from €43,055 to €67,727
mainly Trade debts (+€285,174) and Depreciation (+€2,068)
- Tangible fixed assets +€7,932
up €7,932 (+113.9%), from €6,966 to €14,898
of which Furniture and vehicles: +€10,000
- Deferred charges and accrued income +€5,850
up €5,850 (+302.6%), from €1,933 to €7,784
- Trade debts +€285,174
new in 2024: €285,174
- Profit (loss) carried forward -€11,110
down €11,110 (-27.7%), from €40,055 to €28,944
- Gross operating margin -€59,322
down €59,322 (-74.4%), from €79,735 to €20,414
- Staff costs +€11,274
up €11,274 (+68.7%), from €16,417 to €27,691
- Taxes -€10,793
no longer reported in 2024 (was €10,793)
- Other operating charges +€1,091
up €1,091 (+983.3%), from €111 to €1,202
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 | €77,541 | €349,103 | +€271,561 | +350.2% |
| Fixed assets | 21/28 | €6,966 | €14,933 | +€7,967 | +114.4% |
| Tangible fixed assets | 22/27 | €6,966 | €14,898 | +€7,932 | +113.9% |
| Plant, machinery and equipment | 23 | €6,966 | €4,898 | -€2,068 | -29.7% |
| Furniture and vehicles | 24 | - | €10,000 | +€10,000 | |
| Financial fixed assets | 28 | - | €35 | +€35 | |
| Current assets | 29/58 | €70,576 | €334,170 | +€263,595 | +373.5% |
| Amounts receivable within one year | 40/41 | €25,587 | €258,660 | +€233,073 | +910.9% |
| Trade receivables | 40 | €13,117 | €254,402 | +€241,284 | +1839.4% |
| Other amounts receivable | 41 | €12,470 | €4,258 | -€8,211 | -65.9% |
| Cash at bank and in hand | 54/58 | €43,055 | €67,727 | +€24,672 | +57.3% |
| Deferred charges and accrued income | 490/1 | €1,933 | €7,784 | +€5,850 | +302.6% |
| Total equity and liabilities | 10/49 | €77,541 | €349,103 | +€271,561 | +350.2% |
| Equity | 10/15 | €42,055 | €30,944 | -€11,110 | -26.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,055 | €28,944 | -€11,110 | -27.7% |
| Amounts payable | 17/49 | €35,487 | €318,159 | +€282,672 | +796.6% |
| Amounts payable within one year | 42/48 | €35,487 | €318,159 | +€282,672 | +796.6% |
| Trade debts | 44 | - | €285,174 | +€285,174 | |
| Suppliers | 440/4 | - | €285,174 | +€285,174 | |
| Taxes, remuneration and social security | 45 | €27,791 | €28,772 | +€981 | +3.5% |
| Taxes | 450/3 | €20,789 | €19,311 | -€1,479 | -7.1% |
| Remuneration and social security | 454/9 | €7,002 | €9,461 | +€2,459 | +35.1% |
| Other amounts payable | 47/48 | €7,696 | €4,213 | -€3,483 | -45.3% |
| Remuneration, social security and pensions | 62 | €16,417 | €27,691 | +€11,274 | +68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,910 | €2,068 | +€158 | +8.3% |
| Other operating charges | 640/8 | €111 | €1,202 | +€1,091 | +983.3% |
| Gross operating margin | 9900 | €79,735 | €20,414 | -€59,322 | -74.4% |
| Operating profit (loss) | 9901 | €61,297 | -€10,548 | -€71,845 | |
| Financial charges | 65/66B | €524 | €562 | +€38 | +7.3% |
| Recurring financial charges | 65 | €524 | €562 | +€38 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €60,773 | -€11,110 | -€71,884 | |
| Income taxes | 67/77 | €10,793 | - | -€10,793 | |
| Profit (loss) for the period | 9904 | €49,980 | -€11,110 | -€61,091 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,980 | -€11,110 | -€61,091 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.