RAVITS: 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.
RAVITS
Largest movements
- Receivables within one year +€25,689
up €25,689 (+178%), from €14,409 to €40,099
of which Other amounts receivable: +€20,281
- Cash -€5,367
no longer reported in 2025 (was €5,367)
mainly Receivables within one year (-€25,689) and Tax, wage and social debts (-€5,264)
- Tangible fixed assets -€1,356
down €1,356 (-42.5%), from €3,192 to €1,836
of which Furniture and vehicles: -€1,166
- Profit (loss) carried forward +€18,573
new in 2025: €18,573
- Tax, wage and social debts -€5,264
down €5,264 (-24.1%), from €21,879 to €16,615
- Current portion of long-term debt +€3,945
new in 2025: €3,945
- Short-term financial debts +€1,356
new in 2025: €1,356
- Gross operating margin +€9,041
up €9,041 (+49.3%), from €18,332 to €27,373
- Taxes +€1,911
up €1,911 (+49.2%), from €3,884 to €5,795
- Financial charges -€1,200
down €1,200 (-59.2%), from €2,029 to €829
- Depreciation -€589
down €589 (-25.4%), from €2,317 to €1,728
- Other operating charges +€453
up €453 (+3,542%), from €13 to €465
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 | €23,879 | €42,490 | +€18,610 | +77.9% |
| Formation expenses | 20 | €694 | €322 | -€372 | -53.6% |
| Fixed assets | 21/28 | €3,192 | €1,836 | -€1,356 | -42.5% |
| Tangible fixed assets | 22/27 | €3,192 | €1,836 | -€1,356 | -42.5% |
| Plant, machinery and equipment | 23 | €190 | - | -€190 | |
| Furniture and vehicles | 24 | €3,002 | €1,836 | -€1,166 | -38.8% |
| Current assets | 29/58 | €19,994 | €40,332 | +€20,338 | +102% |
| Amounts receivable within one year | 40/41 | €14,409 | €40,099 | +€25,689 | +178% |
| Trade receivables | 40 | €12,439 | €17,847 | +€5,408 | +43.5% |
| Other amounts receivable | 41 | €1,971 | €22,252 | +€20,281 | +1,029% |
| Cash at bank and in hand | 54/58 | €5,367 | - | -€5,367 | |
| Deferred charges and accrued income | 490/1 | €218 | €233 | +€16 | +7.1% |
| Total equity and liabilities | 10/49 | €23,879 | €42,490 | +€18,610 | +77.9% |
| Equity | 10/15 | €2,000 | €20,573 | +€18,573 | +929% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €18,573 | +€18,573 | |
| Amounts payable | 17/49 | €21,879 | €21,916 | +€37 | +0.2% |
| Amounts payable within one year | 42/48 | €21,879 | €21,916 | +€37 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,945 | +€3,945 | |
| Financial debts | 43 | - | €1,356 | +€1,356 | |
| Credit institutions | 430/8 | - | €1,356 | +€1,356 | |
| Taxes, remuneration and social security | 45 | €21,879 | €16,615 | -€5,264 | -24.1% |
| Taxes | 450/3 | €21,879 | €16,615 | -€5,264 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,317 | €1,728 | -€589 | -25.4% |
| Other operating charges | 640/8 | €13 | €465 | +€453 | +3,542% |
| Gross operating margin | 9900 | €18,332 | €27,373 | +€9,041 | +49.3% |
| Operating profit (loss) | 9901 | €16,002 | €25,180 | +€9,178 | +57.4% |
| Financial income | 75/76B | €21 | €16 | -€5 | -22.3% |
| Recurring financial income | 75 | €21 | €16 | -€5 | -22.3% |
| Financial charges | 65/66B | €2,029 | €829 | -€1,200 | -59.2% |
| Recurring financial charges | 65 | €2,029 | €829 | -€1,200 | -59.2% |
| Profit (loss) for the period before taxes | 9903 | €13,995 | €24,368 | +€10,373 | +74.1% |
| Income taxes | 67/77 | €3,884 | €5,795 | +€1,911 | +49.2% |
| Profit (loss) for the period | 9904 | €10,110 | €18,573 | +€8,463 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,110 | €18,573 | +€8,463 | +83.7% |
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 18 October 2026 via checked.be.