All Revision & Coating Services: 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.
All Revision & Coating Services
Largest movements
- Receivables within one year -€130,850
down €130,850 (-41.7%), from €313,697 to €182,847
of which Trade receivables: -€130,850
- Tangible fixed assets -€64,046
down €64,046 (-4.6%), from €1.4m to €1.3m
of which Land and buildings: -€70,202
- Other debts +€135,435
up €135,435 (+45.9%), from €295,297 to €430,732
- Current portion of long-term debt -€123,983
down €123,983 (-43.5%), from €285,001 to €161,018
- Reserves -€78,601
down €78,601 (-10.1%), from €775,390 to €696,789
of which Distributable reserves: -€75,708
- Tax, wage and social debts -€76,304
down €76,304 (-97.3%), from €78,438 to €2,134
of which Taxes: -€76,066
- Debts after one year -€36,018
down €36,018 (-14.3%), from €251,194 to €215,176
- Gross operating margin +€21,131
up €21,131 (+59.6%), from -€35,448 to -€14,316
- Financial charges -€12,075
down €12,075 (-36.3%), from €33,218 to €21,143
- Taxes +€10,841
up €10,841, from -€5,000 to €5,841
- Depreciation -€911
down €911 (-3.2%), from €28,752 to €27,840
- Staff costs -€767
down €767 (-12.0%), from €6,413 to €5,646
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 | €1,771,408 | €1,576,344 | -€195,064 | -11.0% |
| Fixed assets | 21/28 | €1,382,394 | €1,318,348 | -€64,046 | -4.6% |
| Tangible fixed assets | 22/27 | €1,382,344 | €1,318,298 | -€64,046 | -4.6% |
| Land and buildings | 22 | €1,303,241 | €1,233,039 | -€70,202 | -5.4% |
| Plant, machinery and equipment | 23 | €74,144 | €66,164 | -€7,980 | -10.8% |
| Furniture and vehicles | 24 | €4,959 | €19,095 | +€14,136 | +285% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €389,014 | €257,996 | -€131,018 | -33.7% |
| Amounts receivable within one year | 40/41 | €313,697 | €182,847 | -€130,850 | -41.7% |
| Trade receivables | 40 | €309,204 | €178,354 | -€130,850 | -42.3% |
| Other amounts receivable | 41 | €4,492 | €4,492 | = | 0.0% |
| Current investments | 50/53 | €75,000 | €75,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €159 | €149 | -€9 | -5.9% |
| Deferred charges and accrued income | 490/1 | €158 | - | -€158 | |
| Total equity and liabilities | 10/49 | €1,771,408 | €1,576,344 | -€195,064 | -11.0% |
| Equity | 10/15 | €793,990 | €715,389 | -€78,601 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €775,390 | €696,789 | -€78,601 | -10.1% |
| Tax-exempt reserves | 132 | €54,823 | €51,930 | -€2,893 | -5.3% |
| Distributable reserves | 133 | €720,567 | €644,859 | -€75,708 | -10.5% |
| Provisions and deferred taxes | 16 | €41,989 | €40,358 | -€1,631 | -3.9% |
| Deferred taxes | 168 | €41,989 | €40,358 | -€1,631 | -3.9% |
| Amounts payable | 17/49 | €935,429 | €820,597 | -€114,832 | -12.3% |
| Amounts payable after more than one year | 17 | €251,194 | €215,176 | -€36,018 | -14.3% |
| Financial debts | 170/4 | €251,194 | €215,176 | -€36,018 | -14.3% |
| Amounts payable within one year | 42/48 | €684,176 | €605,041 | -€79,135 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €285,001 | €161,018 | -€123,983 | -43.5% |
| Financial debts | 43 | €18,841 | €5,748 | -€13,093 | -69.5% |
| Credit institutions | 430/8 | €18,841 | €5,748 | -€13,093 | -69.5% |
| Trade debts | 44 | €6,598 | €5,409 | -€1,190 | -18.0% |
| Suppliers | 440/4 | €6,598 | €5,409 | -€1,190 | -18.0% |
| Taxes, remuneration and social security | 45 | €78,438 | €2,134 | -€76,304 | -97.3% |
| Taxes | 450/3 | €77,629 | €1,562 | -€76,066 | -98.0% |
| Remuneration and social security | 454/9 | €810 | €572 | -€238 | -29.3% |
| Other amounts payable | 47/48 | €295,297 | €430,732 | +€135,435 | +45.9% |
| Accrued charges and deferred income | 492/3 | €59 | €381 | +€322 | +543% |
| Non-recurring operating income | 76A | - | €6,663 | +€6,663 | |
| Remuneration, social security and pensions | 62 | €6,413 | €5,646 | -€767 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,752 | €27,840 | -€911 | -3.2% |
| Other operating charges | 640/8 | €5,838 | €5,445 | -€393 | -6.7% |
| Gross operating margin | 9900 | -€35,448 | -€14,316 | +€21,131 | +59.6% |
| Operating profit (loss) | 9901 | -€76,450 | -€53,248 | +€23,202 | +30.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -73.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -73.9% |
| Financial charges | 65/66B | €33,218 | €21,143 | -€12,075 | -36.3% |
| Recurring financial charges | 65 | €33,218 | €21,143 | -€12,075 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | -€109,666 | -€74,391 | +€35,276 | +32.2% |
| Transfer from deferred taxes | 780 | €1,631 | €1,631 | = | 0.0% |
| Income taxes | 67/77 | -€5,000 | €5,841 | +€10,841 | |
| Profit (loss) for the period | 9904 | -€103,036 | -€78,601 | +€24,434 | +23.7% |
| Transfer from tax-exempt reserves | 789 | €2,893 | €2,893 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€100,142 | -€75,708 | +€24,434 | +24.4% |
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 26 October 2026 via checked.be.