BÔ RIVAGE: 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.
BÔ RIVAGE
Largest movements
- Tangible fixed assets +€82,839
up €82,839 (+16.7%), from €496,545 to €579,383
of which Plant, machinery and equipment: +€56,064
- Cash +€58,926
up €58,926 (+411%), from €14,328 to €73,253
mainly Other debts (+€557,046) and Depreciation (+€111,283)
- Receivables within one year +€43,998
up €43,998 (+59.7%), from €73,673 to €117,671
of which Other amounts receivable: +€49,624
- Stocks and contracts +€16,026
up €16,026 (+930%), from €1,724 to €17,750
- Other debts +€557,046
up €557,046 (+2,780%), from €20,037 to €577,083
- Profit (loss) carried forward -€493,017
down €493,017, from €403,193 to -€89,825
- Advances received +€91,505
new in 2024: €91,505
- Contributions +€65,000
up €65,000 (+92.9%), from €70,000 to €135,000
- Debts after one year +€64,599
new in 2024: €64,599
- Staff costs +€235,665
up €235,665 (+111%), from €212,284 to €447,949
- Gross operating margin -€216,994
down €216,994 (-44.6%), from €486,957 to €269,963
- Taxes -€42,518
no longer reported in 2024 (was €42,518)
- Depreciation +€39,426
up €39,426 (+54.9%), from €71,857 to €111,283
- Other operating charges +€16,813
up €16,813 (+92.8%), from €18,114 to €34,927
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 | €691,484 | €893,985 | +€202,502 | +29.3% |
| Fixed assets | 21/28 | €599,545 | €683,658 | +€84,113 | +14.0% |
| Tangible fixed assets | 22/27 | €496,545 | €579,383 | +€82,839 | +16.7% |
| Land and buildings | 22 | €452,687 | €440,957 | -€11,729 | -2.6% |
| Plant, machinery and equipment | 23 | €40,757 | €96,821 | +€56,064 | +138% |
| Furniture and vehicles | 24 | €3,102 | €41,605 | +€38,504 | +1,241% |
| Financial fixed assets | 28 | €103,000 | €104,274 | +€1,274 | +1.2% |
| Current assets | 29/58 | €91,939 | €210,328 | +€118,389 | +129% |
| Stocks and contracts in progress | 3 | €1,724 | €17,750 | +€16,026 | +930% |
| Stocks | 30/36 | €1,724 | €17,750 | +€16,026 | +930% |
| Amounts receivable within one year | 40/41 | €73,673 | €117,671 | +€43,998 | +59.7% |
| Trade receivables | 40 | €37,030 | €31,404 | -€5,626 | -15.2% |
| Other amounts receivable | 41 | €36,642 | €86,267 | +€49,624 | +135% |
| Cash at bank and in hand | 54/58 | €14,328 | €73,253 | +€58,926 | +411% |
| Deferred charges and accrued income | 490/1 | €2,215 | €1,654 | -€561 | -25.3% |
| Total equity and liabilities | 10/49 | €691,484 | €893,985 | +€202,502 | +29.3% |
| Equity | 10/15 | €569,245 | €130,832 | -€438,413 | -77.0% |
| Contributions | 10/11 | €70,000 | €135,000 | +€65,000 | +92.9% |
| Capital | 10 | €70,000 | €135,000 | +€65,000 | +92.9% |
| Issued capital | 100 | €70,000 | €135,000 | +€65,000 | +92.9% |
| Reserves | 13 | €23,294 | €23,294 | = | 0.0% |
| Distributable reserves | 133 | €23,294 | €23,294 | = | 0.0% |
| Profit (loss) carried forward | 14 | €403,193 | -€89,825 | -€493,017 | |
| Investment grants | 15 | €72,758 | €62,363 | -€10,395 | -14.3% |
| Amounts payable | 17/49 | €122,239 | €763,154 | +€640,915 | +524% |
| Amounts payable after more than one year | 17 | - | €64,599 | +€64,599 | |
| Financial debts | 170/4 | - | €64,599 | +€64,599 | |
| Amounts payable within one year | 42/48 | €122,239 | €698,554 | +€576,315 | +471% |
| Current portion of amounts payable after more than one year | 42 | - | €7,836 | +€7,836 | |
| Financial debts | 43 | €18,235 | - | -€18,235 | |
| Credit institutions | 430/8 | €18,235 | - | -€18,235 | |
| Trade debts | 44 | €13,813 | €0 | -€13,813 | -100% |
| Suppliers | 440/4 | €13,813 | €0 | -€13,813 | -100% |
| Advances received on contracts in progress | 46 | - | €91,505 | +€91,505 | |
| Taxes, remuneration and social security | 45 | €70,154 | €22,131 | -€48,023 | -68.5% |
| Taxes | 450/3 | €29,960 | €22,131 | -€7,830 | -26.1% |
| Remuneration and social security | 454/9 | €40,194 | €0 | -€40,194 | -100% |
| Other amounts payable | 47/48 | €20,037 | €577,083 | +€557,046 | +2,780% |
| Non-recurring operating income | 76A | €10,327 | - | -€10,327 | |
| Remuneration, social security and pensions | 62 | €212,284 | €447,949 | +€235,665 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,857 | €111,283 | +€39,426 | +54.9% |
| Other operating charges | 640/8 | €18,114 | €34,927 | +€16,813 | +92.8% |
| Non-recurring operating charges | 66A | - | €70,688 | +€70,688 | |
| Gross operating margin | 9900 | €486,957 | €269,963 | -€216,994 | -44.6% |
| Operating profit (loss) | 9901 | €184,701 | -€394,884 | -€579,585 | |
| Financial charges | 65/66B | €20,244 | €20,065 | -€179 | -0.9% |
| Recurring financial charges | 65 | €20,244 | €20,065 | -€179 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €164,457 | -€414,950 | -€579,407 | |
| Income taxes | 67/77 | €42,518 | - | -€42,518 | |
| Profit (loss) for the period | 9904 | €121,939 | -€414,950 | -€536,888 | |
| Transfer from tax-exempt reserves | 789 | €10,395 | €10,395 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €132,334 | -€404,554 | -€536,888 |
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 29 October 2026 via checked.be.