Alexander Van Ravestyn: 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.
Alexander Van Ravestyn
Largest movements
- Cash +€54,452
up €54,452 (+67.7%), from €80,481 to €134,934
mainly Net result for the year (+€50,591) and Tax, wage and social debts (+€2,089)
- Receivables within one year -€2,007
down €2,007 (-14.4%), from €13,896 to €11,888
of which Other amounts receivable: -€1,644
- Profit (loss) carried forward +€50,591
up €50,591 (+56.6%), from €89,333 to €139,924
- Tax, wage and social debts +€2,089
up €2,089 (+34.5%), from €6,058 to €8,147
- Gross operating margin +€8,646
up €8,646 (+15.2%), from €56,946 to €65,592
- Taxes +€1,738
up €1,738 (+14.7%), from €11,856 to €13,594
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 | €97,395 | €150,123 | +€52,728 | +54.1% |
| Fixed assets | 21/28 | €3,018 | €2,971 | -€47 | -1.6% |
| Tangible fixed assets | 22/27 | €3,018 | €2,971 | -€47 | -1.6% |
| Plant, machinery and equipment | 23 | €1,766 | - | -€1,766 | |
| Furniture and vehicles | 24 | €1,252 | €2,971 | +€1,719 | +137% |
| Current assets | 29/58 | €94,377 | €147,152 | +€52,775 | +55.9% |
| Amounts receivable within one year | 40/41 | €13,896 | €11,888 | -€2,007 | -14.4% |
| Trade receivables | 40 | €12,251 | €11,888 | -€363 | -3.0% |
| Other amounts receivable | 41 | €1,644 | - | -€1,644 | |
| Cash at bank and in hand | 54/58 | €80,481 | €134,934 | +€54,452 | +67.7% |
| Deferred charges and accrued income | 490/1 | - | €330 | +€330 | |
| Total equity and liabilities | 10/49 | €97,395 | €150,123 | +€52,728 | +54.1% |
| Equity | 10/15 | €91,333 | €141,924 | +€50,591 | +55.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,333 | €139,924 | +€50,591 | +56.6% |
| Amounts payable | 17/49 | €6,062 | €8,199 | +€2,137 | +35.3% |
| Amounts payable within one year | 42/48 | €6,062 | €8,199 | +€2,137 | +35.3% |
| Trade debts | 44 | - | €29 | +€29 | |
| Suppliers | 440/4 | - | €29 | +€29 | |
| Taxes, remuneration and social security | 45 | €6,058 | €8,147 | +€2,089 | +34.5% |
| Taxes | 450/3 | €6,058 | €8,147 | +€2,089 | +34.5% |
| Other amounts payable | 47/48 | €4 | €23 | +€19 | +493% |
| Non-recurring operating income | 76A | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €726 | €1,147 | +€421 | +58.1% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €56,946 | €65,592 | +€8,646 | +15.2% |
| Operating profit (loss) | 9901 | €56,103 | €64,325 | +€8,223 | +14.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €140 | €140 | +€0 | +0.1% |
| Recurring financial charges | 65 | €140 | €140 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €55,963 | €64,185 | +€8,222 | +14.7% |
| Income taxes | 67/77 | €11,856 | €13,594 | +€1,738 | +14.7% |
| Profit (loss) for the period | 9904 | €44,107 | €50,591 | +€6,484 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,107 | €50,591 | +€6,484 | +14.7% |
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 31 October 2026 via checked.be.