RAVA FEED: 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.
RAVA FEED
Largest movements
- Tangible fixed assets +€24,499
up €24,499 (+193%), from €12,697 to €37,196
of which Furniture and vehicles: +€13,000
- Stocks and contracts +€23,356
up €23,356 (+43.9%), from €53,204 to €76,560
- Receivables within one year -€8,421
down €8,421 (-4.5%), from €188,337 to €179,915
of which Trade receivables: -€6,329
- Deferred charges and accrued income -€6,500
down €6,500 (-100%), from €6,500 to €0
- Cash -€3,893
down €3,893 (-10.1%), from €38,667 to €34,774
mainly Investment in fixed assets (net) (-€27,114) and Stocks and contracts (-€23,356)
- Other debts +€57,310
up €57,310 (+82.7%), from €69,330 to €126,640
- Trade debts -€19,309
down €19,309 (-9.4%), from €205,311 to €186,002
- Profit (loss) carried forward -€3,632
down €3,632, from €7 to -€3,625
- Reserves -€3,390
down €3,390 (-100%), from €3,390 to €0
- Staff costs +€10,175
up €10,175 (+14.6%), from €69,812 to €79,987
- Gross operating margin +€5,606
up €5,606 (+7.8%), from €72,338 to €77,944
- Financial charges +€1,904
up €1,904 (+2,676%), from €71 to €1,976
- Depreciation +€1,663
up €1,663 (+175%), from €953 to €2,616
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 | €299,405 | €328,446 | +€29,040 | +9.7% |
| Fixed assets | 21/28 | €12,697 | €37,196 | +€24,499 | +193% |
| Tangible fixed assets | 22/27 | €12,697 | €37,196 | +€24,499 | +193% |
| Plant, machinery and equipment | 23 | €12,697 | €24,196 | +€11,499 | +90.6% |
| Furniture and vehicles | 24 | - | €13,000 | +€13,000 | |
| Current assets | 29/58 | €286,708 | €291,250 | +€4,542 | +1.6% |
| Stocks and contracts in progress | 3 | €53,204 | €76,560 | +€23,356 | +43.9% |
| Stocks | 30/36 | €53,204 | €76,560 | +€23,356 | +43.9% |
| Amounts receivable within one year | 40/41 | €188,337 | €179,915 | -€8,421 | -4.5% |
| Trade receivables | 40 | €179,443 | €173,114 | -€6,329 | -3.5% |
| Other amounts receivable | 41 | €8,894 | €6,802 | -€2,092 | -23.5% |
| Cash at bank and in hand | 54/58 | €38,667 | €34,774 | -€3,893 | -10.1% |
| Deferred charges and accrued income | 490/1 | €6,500 | €0 | -€6,500 | -100% |
| Total equity and liabilities | 10/49 | €299,405 | €328,446 | +€29,040 | +9.7% |
| Equity | 10/15 | €8,397 | €1,375 | -€7,022 | -83.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,390 | €0 | -€3,390 | -100% |
| Distributable reserves | 133 | €3,390 | €0 | -€3,390 | -100% |
| Profit (loss) carried forward | 14 | €7 | -€3,625 | -€3,632 | |
| Amounts payable | 17/49 | €291,009 | €327,071 | +€36,062 | +12.4% |
| Amounts payable within one year | 42/48 | €290,006 | €327,071 | +€37,065 | +12.8% |
| Trade debts | 44 | €205,311 | €186,002 | -€19,309 | -9.4% |
| Suppliers | 440/4 | €205,311 | €186,002 | -€19,309 | -9.4% |
| Taxes, remuneration and social security | 45 | €15,366 | €14,429 | -€936 | -6.1% |
| Taxes | 450/3 | €1,219 | €2,233 | +€1,014 | +83.2% |
| Remuneration and social security | 454/9 | €14,147 | €12,196 | -€1,951 | -13.8% |
| Other amounts payable | 47/48 | €69,330 | €126,640 | +€57,310 | +82.7% |
| Accrued charges and deferred income | 492/3 | €1,002 | €0 | -€1,002 | -100% |
| Remuneration, social security and pensions | 62 | €69,812 | €79,987 | +€10,175 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €953 | €2,616 | +€1,663 | +175% |
| Other operating charges | 640/8 | €448 | €516 | +€68 | +15.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €72,338 | €77,944 | +€5,606 | +7.8% |
| Operating profit (loss) | 9901 | €1,125 | -€5,175 | -€6,300 | |
| Financial income | 75/76B | €206 | €128 | -€78 | -37.8% |
| Recurring financial income | 75 | €206 | €128 | -€78 | -37.8% |
| Financial charges | 65/66B | €71 | €1,976 | +€1,904 | +2,676% |
| Recurring financial charges | 65 | €71 | €1,976 | +€1,904 | +2,676% |
| Profit (loss) for the period before taxes | 9903 | €1,260 | -€7,022 | -€8,282 | |
| Income taxes | 67/77 | €105 | €0 | -€105 | -100% |
| Profit (loss) for the period | 9904 | €1,156 | -€7,022 | -€8,178 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,156 | -€7,022 | -€8,178 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.