RAVEL IMMO: what changed
What changed
RAVEL IMMO
filed annual accounts (NBB)
Net result for the year
€15,736
2024 · €9,667+€6,069
Equity
€209,051
2024 · €193,315+€15,736
Cash
€4,044
2024 · €303+€3,741
Balance sheet total
€395,719
2024 · €412,723-€17,005
Largest movements
Assets
- Tangible fixed assets -€20,746
down €20,746 (-5.1%), from €410,220 to €389,475
Equity and liabilities
- Debts after one year -€40,564
down €40,564 (-92.2%), from €43,977 to €3,413
- Profit (loss) carried forward +€15,736
up €15,736 (+19.4%), from €81,115 to €96,851
- Other debts +€5,932
up €5,932 (+5.0%), from €119,695 to €125,627
- Trade debts +€4,935
up €4,935 (+1,274%), from €387 to €5,322
Income statement
- Gross operating margin +€7,682
up €7,682 (+15.5%), from €49,653 to €57,335
- Purchases and services -€5,574
down €5,574 (-36.3%), from €15,370 to €9,797
- Taxes +€2,733
up €2,733 (+83.6%), from €3,267 to €6,000
- Turnover +€2,108
up €2,108 (+3.2%), from €65,023 to €67,131
- Financial charges -€1,076
down €1,076 (-9.8%), from €11,018 to €9,943
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€9,667
Gross operating margin
+€7,682
Other operating charges
+€44
Financial charges
+€1,076
Taxes
-€2,733
Result 2025
€15,736
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€46,931
Investment
€0
Financing
-€43,190
Cash 2024
€303
From operations (derived)
+€46,931
Net result for the year
+€15,736
Depreciation
+€20,746
Trade debts
+€4,935
Tax, wage and social debts
-€417
Other debts
+€5,932
Financing
-€43,190
Debts after one year
-€40,564
Current portion of long-term debt
-€2,627
Cash 2025
€4,044
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €412,723 | €395,719 | -€17,005 | -4.1% |
| Fixed assets | 21/28 | €410,220 | €389,475 | -€20,746 | -5.1% |
| Tangible fixed assets | 22/27 | €410,220 | €389,475 | -€20,746 | -5.1% |
| Land and buildings | 22 | €410,220 | €389,475 | -€20,746 | -5.1% |
| Current assets | 29/58 | €2,503 | €6,244 | +€3,741 | +149% |
| Current investments | 50/53 | €2,200 | €2,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €303 | €4,044 | +€3,741 | +1,235% |
| Total equity and liabilities | 10/49 | €412,723 | €395,719 | -€17,005 | -4.1% |
| Equity | 10/15 | €193,315 | €209,051 | +€15,736 | +8.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Uncalled capital | 101 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €12,200 | €12,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,200 | €12,200 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Own shares acquired | 1312 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,115 | €96,851 | +€15,736 | +19.4% |
| Amounts payable | 17/49 | €219,408 | €186,668 | -€32,740 | -14.9% |
| Amounts payable after more than one year | 17 | €43,977 | €3,413 | -€40,564 | -92.2% |
| Financial debts | 170/4 | €43,977 | €3,413 | -€40,564 | -92.2% |
| Amounts payable within one year | 42/48 | €175,431 | €183,255 | +€7,823 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €43,190 | €40,564 | -€2,627 | -6.1% |
| Trade debts | 44 | €387 | €5,322 | +€4,935 | +1,274% |
| Suppliers | 440/4 | €387 | €5,322 | +€4,935 | +1,274% |
| Taxes, remuneration and social security | 45 | €12,159 | €11,742 | -€417 | -3.4% |
| Taxes | 450/3 | €12,159 | €11,742 | -€417 | -3.4% |
| Other amounts payable | 47/48 | €119,695 | €125,627 | +€5,932 | +5.0% |
| Turnover | 70 | €65,023 | €67,131 | +€2,108 | +3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,370 | €9,797 | -€5,574 | -36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,746 | €20,746 | = | 0.0% |
| Other operating charges | 640/8 | €4,955 | €4,911 | -€44 | -0.9% |
| Gross operating margin | 9900 | €49,653 | €57,335 | +€7,682 | +15.5% |
| Operating profit (loss) | 9901 | €23,952 | €31,678 | +€7,727 | +32.3% |
| Financial charges | 65/66B | €11,018 | €9,943 | -€1,076 | -9.8% |
| Recurring financial charges | 65 | €11,018 | €9,943 | -€1,076 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €12,934 | €21,736 | +€8,802 | +68.1% |
| Income taxes | 67/77 | €3,267 | €6,000 | +€2,733 | +83.6% |
| Profit (loss) for the period | 9904 | €9,667 | €15,736 | +€6,069 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,667 | €15,736 | +€6,069 | +62.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.