Quinten Ravoo: 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.
Quinten Ravoo
Largest movements
- Receivables within one year +€9,998
up €9,998 (+114%), from €8,779 to €18,777
of which Other amounts receivable: +€8,492
- Cash -€2,632
down €2,632 (-3.7%), from €70,387 to €67,755
mainly Receivables within one year (-€9,998) and Tax, wage and social debts (-€4,662)
- Tangible fixed assets -€1,535
down €1,535 (-58.4%), from €2,627 to €1,092
- Profit (loss) carried forward +€14,318
up €14,318 (+28.3%), from €50,655 to €64,973
- Tax, wage and social debts -€4,662
down €4,662 (-69.5%), from €6,705 to €2,043
- Trade debts -€2,113
down €2,113 (-98.5%), from €2,144 to €31
- Other debts -€1,663
no longer reported in 2025 (was €1,663)
- Gross operating margin +€3,410
up €3,410 (+19.3%), from €17,657 to €21,067
- Taxes +€523
up €523 (+12.2%), from €4,280 to €4,803
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 | €81,937 | €87,817 | +€5,880 | +7.2% |
| Fixed assets | 21/28 | €2,627 | €1,092 | -€1,535 | -58.4% |
| Tangible fixed assets | 22/27 | €2,627 | €1,092 | -€1,535 | -58.4% |
| Plant, machinery and equipment | 23 | €2,627 | €1,092 | -€1,535 | -58.4% |
| Current assets | 29/58 | €79,310 | €86,726 | +€7,416 | +9.4% |
| Amounts receivable within one year | 40/41 | €8,779 | €18,777 | +€9,998 | +114% |
| Trade receivables | 40 | €8,779 | €10,285 | +€1,506 | +17.2% |
| Other amounts receivable | 41 | - | €8,492 | +€8,492 | |
| Cash at bank and in hand | 54/58 | €70,387 | €67,755 | -€2,632 | -3.7% |
| Deferred charges and accrued income | 490/1 | €144 | €194 | +€50 | +34.5% |
| Total equity and liabilities | 10/49 | €81,937 | €87,817 | +€5,880 | +7.2% |
| Equity | 10/15 | €71,060 | €85,378 | +€14,318 | +20.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,655 | €64,973 | +€14,318 | +28.3% |
| Amounts payable | 17/49 | €10,877 | €2,439 | -€8,438 | -77.6% |
| Amounts payable within one year | 42/48 | €10,512 | €2,074 | -€8,438 | -80.3% |
| Trade debts | 44 | €2,144 | €31 | -€2,113 | -98.5% |
| Suppliers | 440/4 | €2,144 | €31 | -€2,113 | -98.5% |
| Taxes, remuneration and social security | 45 | €6,705 | €2,043 | -€4,662 | -69.5% |
| Taxes | 450/3 | €6,705 | €2,043 | -€4,662 | -69.5% |
| Other amounts payable | 47/48 | €1,663 | - | -€1,663 | |
| Accrued charges and deferred income | 492/3 | €365 | €365 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,421 | €1,213 | -€208 | -14.7% |
| Other operating charges | 640/8 | €599 | €615 | +€16 | +2.7% |
| Non-recurring operating charges | 66A | - | €323 | +€323 | |
| Gross operating margin | 9900 | €17,657 | €21,067 | +€3,410 | +19.3% |
| Operating profit (loss) | 9901 | €15,636 | €18,916 | +€3,280 | +21.0% |
| Financial income | 75/76B | €248 | €376 | +€128 | +51.5% |
| Recurring financial income | 75 | €248 | €376 | +€128 | +51.5% |
| Financial charges | 65/66B | €156 | €170 | +€14 | +9.1% |
| Recurring financial charges | 65 | €156 | €170 | +€14 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €15,728 | €19,121 | +€3,393 | +21.6% |
| Income taxes | 67/77 | €4,280 | €4,803 | +€523 | +12.2% |
| Profit (loss) for the period | 9904 | €11,448 | €14,318 | +€2,870 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,448 | €14,318 | +€2,870 | +25.1% |
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 21 October 2026 via checked.be.