Ravel Technologies: 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.
Ravel Technologies
Largest movements
- Receivables after one year +€822,338
up €822,338 (+20.4%), from €4.0m to €4.8m
of which Trade receivables: +€835,783
- Cash -€682,061
down €682,061 (-99.9%), from €682,508 to €447
mainly Receivables after one year (-€822,338) and Deferred charges and accrued income (-€277,819)
- Deferred charges and accrued income +€277,819
up €277,819 (+103%), from €270,559 to €548,378
- Current investments +€87,286
new in 2024: €87,286
- Receivables within one year +€79,311
up €79,311 (+156%), from €50,813 to €130,124
of which Trade receivables: +€74,827
- Debts after one year +€418,762
up €418,762 (+8.3%), from €5.1m to €5.5m
of which Financial debts: +€3.1m
- Accrued charges and deferred income +€160,805
up €160,805 (+49.3%), from €325,880 to €486,684
- Profit (loss) carried forward -€118,306
down €118,306 (-28.7%), from -€412,649 to -€530,955
- Trade debts +€89,069
up €89,069 (+171%), from €52,225 to €141,294
- Financial income +€167,175
up €167,175 (+150%), from €111,174 to €278,349
- Financial charges +€128,232
up €128,232 (+107%), from €119,963 to €248,195
- Gross operating margin +€8,053
up €8,053 (+50.3%), from -€16,009 to -€7,957
- Depreciation +€639
up €639 (+2.0%), from €31,807 to €32,446
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,224,462 | €5,776,709 | +€552,247 | +10.6% |
| Fixed assets | 21/28 | €193,069 | €160,623 | -€32,446 | -16.8% |
| Intangible fixed assets | 21 | €133,655 | €101,963 | -€31,692 | -23.7% |
| Tangible fixed assets | 22/27 | €2,148 | €1,394 | -€755 | -35.1% |
| Furniture and vehicles | 24 | €2,148 | €1,394 | -€755 | -35.1% |
| Financial fixed assets | 28 | €57,266 | €57,266 | = | 0.0% |
| Current assets | 29/58 | €5,031,393 | €5,616,086 | +€584,693 | +11.6% |
| Amounts receivable after more than one year | 29 | €4,027,513 | €4,849,851 | +€822,338 | +20.4% |
| Trade receivables | 290 | €4,014,068 | €4,849,851 | +€835,783 | +20.8% |
| Other amounts receivable | 291 | €13,445 | - | -€13,445 | |
| Amounts receivable within one year | 40/41 | €50,813 | €130,124 | +€79,311 | +156% |
| Trade receivables | 40 | €47,390 | €122,217 | +€74,827 | +158% |
| Other amounts receivable | 41 | €3,423 | €7,907 | +€4,484 | +131% |
| Current investments | 50/53 | - | €87,286 | +€87,286 | |
| Cash at bank and in hand | 54/58 | €682,508 | €447 | -€682,061 | -99.9% |
| Deferred charges and accrued income | 490/1 | €270,559 | €548,378 | +€277,819 | +103% |
| Total equity and liabilities | 10/49 | €5,224,462 | €5,776,709 | +€552,247 | +10.6% |
| Equity | 10/15 | -€275,149 | -€393,455 | -€118,306 | -43.0% |
| Contributions | 10/11 | €137,500 | €137,500 | = | 0.0% |
| Capital | 10 | €137,500 | €137,500 | = | 0.0% |
| Issued capital | 100 | €137,500 | €137,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€412,649 | -€530,955 | -€118,306 | -28.7% |
| Amounts payable | 17/49 | €5,499,611 | €6,170,164 | +€670,553 | +12.2% |
| Amounts payable after more than one year | 17 | €5,055,670 | €5,474,432 | +€418,762 | +8.3% |
| Financial debts | 170/4 | - | €3,119,900 | +€3.1m | |
| Other amounts payable | 178/9 | €5,055,670 | €2,354,532 | -€2.7m | -53.4% |
| Amounts payable within one year | 42/48 | €118,062 | €209,048 | +€90,986 | +77.1% |
| Financial debts | 43 | €203 | €319 | +€116 | +57.1% |
| Credit institutions | 430/8 | €203 | €319 | +€116 | +57.1% |
| Trade debts | 44 | €52,225 | €141,294 | +€89,069 | +171% |
| Suppliers | 440/4 | €52,225 | €141,294 | +€89,069 | +171% |
| Other amounts payable | 47/48 | €65,634 | €67,435 | +€1,800 | +2.7% |
| Accrued charges and deferred income | 492/3 | €325,880 | €486,684 | +€160,805 | +49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,807 | €32,446 | +€639 | +2.0% |
| Other operating charges | 640/8 | €960 | €840 | -€120 | -12.5% |
| Non-recurring operating charges | 66A | - | €107,217 | +€107,217 | |
| Gross operating margin | 9900 | -€16,009 | -€7,957 | +€8,053 | +50.3% |
| Operating profit (loss) | 9901 | -€48,777 | -€148,460 | -€99,683 | -204% |
| Financial income | 75/76B | €111,174 | €278,349 | +€167,175 | +150% |
| Recurring financial income | 75 | €111,174 | €278,349 | +€167,175 | +150% |
| Financial charges | 65/66B | €119,963 | €248,195 | +€128,232 | +107% |
| Recurring financial charges | 65 | €119,963 | €248,195 | +€128,232 | +107% |
| Profit (loss) for the period before taxes | 9903 | -€57,565 | -€118,306 | -€60,740 | -106% |
| Profit (loss) for the period | 9904 | -€57,565 | -€118,306 | -€60,740 | -106% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,565 | -€118,306 | -€60,740 | -106% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.