B3 is the Data file name/type. In this case it is the third binary data file (as apposed to floats, strings, ints etc.) The 10 is the element number in the data file. 05 is the bit number in the element.
If it were AB, it would probably be written as "FFFWWWbb"
FFF = File
WWW = Word
bb = Bit
e.g. N7:20/10 > 00702010
But I guess every manufacturer does it differently. FFFDDDdd would still work out as
FFF = File
DDD = Word (D for Data perhaps?)
dd = Bit (d for data(with a small d) perhaps???)
So N7:20/10 > 00702010