RAVELLO: 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.
RAVELLO
Largest movements
- Receivables within one year -€40,000
no longer reported in 2025 (was €40,000)
- Cash +€4,106
up €4,106 (+680.8%), from €603 to €4,710
mainly Receivables within one year (+€40,000) and Net result for the year (+€8,551)
- Tangible fixed assets -€3,311
down €3,311 (-2.5%), from €133,762 to €130,451
of which Other tangible fixed assets: -€3,311
- Debts after one year -€36,893
down €36,893 (-27.9%), from €132,376 to €95,483
- Profit (loss) carried forward +€15,251
up €15,251 (+3.0%), from -€505,847 to -€490,596
- Other debts -€12,307
down €12,307 (-3.5%), from €352,228 to €339,921
- Reserves -€6,700
no longer reported in 2025 (was €6,700)
- Gross operating margin -€23,985
down €23,985 (-49.9%), from €48,109 to €24,124
- Financial charges -€1,406
down €1,406 (-18.4%), from €7,641 to €6,236
of which Financial charges: -€1,406
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.
Cash bridge derived
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 | €174,365 | €135,161 | -€39,204 | -22.5% |
| Fixed assets | 21/28 | €133,762 | €130,451 | -€3,311 | -2.5% |
| Tangible fixed assets | 22/27 | €133,762 | €130,451 | -€3,311 | -2.5% |
| Land and buildings | 22 | €113,897 | €113,897 | = | 0.0% |
| Other tangible fixed assets | 26 | €19,865 | €16,554 | -€3,311 | -16.7% |
| Current assets | 29/58 | €40,603 | €4,710 | -€35,894 | -88.4% |
| Amounts receivable within one year | 40/41 | €40,000 | - | -€40,000 | |
| Other amounts receivable | 41 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €603 | €4,710 | +€4,106 | +680.8% |
| Total equity and liabilities | 10/49 | €174,365 | €135,161 | -€39,204 | -22.5% |
| Equity | 10/15 | -€349,147 | -€340,596 | +€8,551 | +2.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €6,700 | - | -€6,700 | |
| Distributable reserves | 133 | €6,700 | - | -€6,700 | |
| Profit (loss) carried forward | 14 | -€505,847 | -€490,596 | +€15,251 | +3.0% |
| Amounts payable | 17/49 | €523,512 | €475,757 | -€47,755 | -9.1% |
| Amounts payable after more than one year | 17 | €132,376 | €95,483 | -€36,893 | -27.9% |
| Financial debts | 170/4 | €132,376 | €95,483 | -€36,893 | -27.9% |
| Amounts payable within one year | 42/48 | €390,567 | €379,822 | -€10,745 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €38,339 | €39,901 | +€1,562 | +4.1% |
| Other amounts payable | 47/48 | €352,228 | €339,921 | -€12,307 | -3.5% |
| Accrued charges and deferred income | 492/3 | €569 | €451 | -€118 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,311 | €3,311 | = | 0.0% |
| Other operating charges | 640/8 | €5,805 | €6,026 | +€221 | +3.8% |
| Gross operating margin | 9900 | €48,109 | €24,124 | -€23,985 | -49.9% |
| Operating profit (loss) | 9901 | €38,993 | €14,787 | -€24,206 | -62.1% |
| Financial charges | 65/66B | €7,641 | €6,236 | -€1,406 | -18.4% |
| Recurring financial charges | 65 | €7,641 | €6,236 | -€1,406 | -18.4% |
| Non-recurring financial charges | 66B | €7,641 | €6,236 | -€1,406 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €31,351 | €8,551 | -€22,800 | -72.7% |
| Profit (loss) for the period | 9904 | €31,351 | €8,551 | -€22,800 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,351 | €8,551 | -€22,800 | -72.7% |
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 12 October 2026 via checked.be.