RAVO EUPEN: what changed
Two fiscal 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.
RAVO EUPEN
Largest movements
- Tangible fixed assets -€12,158
down €12,158 (-49.4%), from €24,628 to €12,470
of which Furniture and vehicles: -€12,158
- Profit (loss) carried forward -€20,474
down €20,474 (-210.5%), from -€9,727 to -€30,201
- Gross operating margin -€12,484
down €12,484, from €5,127 to -€7,357
- Other operating charges +€223
up €223 (+70.3%), from €318 to €541
- Financial charges +€94
up €94 (+51.1%), from €183 to €277
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €437,985 | €418,664 | -€19,321 | -4.4% |
| Fixed assets | 21/28 | €427,628 | €415,470 | -€12,158 | -2.8% |
| Tangible fixed assets | 22/27 | €24,628 | €12,470 | -€12,158 | -49.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €24,628 | €12,470 | -€12,158 | -49.4% |
| Financial fixed assets | 28 | €403,000 | €403,000 | = | 0.0% |
| Current assets | 29/58 | €10,357 | €3,194 | -€7,163 | -69.2% |
| Amounts receivable within one year | 40/41 | €5,462 | €1,458 | -€4,004 | -73.3% |
| Trade receivables | 40 | €4,235 | - | -€4,235 | |
| Other amounts receivable | 41 | €1,227 | €1,458 | +€231 | +18.8% |
| Current investments | 50/53 | €1,876 | €1,200 | -€676 | -36.0% |
| Deferred charges and accrued income | 490/1 | €3,019 | €537 | -€2,482 | -82.2% |
| Total equity and liabilities | 10/49 | €437,985 | €418,664 | -€19,321 | -4.4% |
| Equity | 10/15 | €41,973 | €21,499 | -€20,474 | -48.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,700 | €1,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,700 | €1,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,700 | €1,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,727 | -€30,201 | -€20,474 | -210.5% |
| Amounts payable | 17/49 | €396,012 | €397,165 | +€1,153 | +0.3% |
| Amounts payable after more than one year | 17 | €390,000 | €390,000 | = | 0.0% |
| Financial debts | 170/4 | €390,000 | €390,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,012 | €7,165 | +€1,153 | +19.2% |
| Trade debts | 44 | €17 | - | -€17 | |
| Suppliers | 440/4 | €17 | - | -€17 | |
| Taxes, remuneration and social security | 45 | €4,591 | €3,845 | -€746 | -16.2% |
| Taxes | 450/3 | €4,591 | €3,845 | -€746 | -16.2% |
| Other amounts payable | 47/48 | €1,404 | €3,320 | +€1,916 | +136.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,158 | €12,158 | = | 0.0% |
| Other operating charges | 640/8 | €318 | €541 | +€223 | +70.3% |
| Gross operating margin | 9900 | €5,127 | -€7,357 | -€12,484 | |
| Operating profit (loss) | 9901 | -€7,349 | -€20,056 | -€12,707 | -172.9% |
| Financial charges | 65/66B | €183 | €277 | +€94 | +51.1% |
| Recurring financial charges | 65 | €183 | €277 | +€94 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,532 | -€20,333 | -€12,801 | -170.0% |
| Income taxes | 67/77 | €151 | €141 | -€10 | -6.8% |
| Profit (loss) for the period | 9904 | -€7,683 | -€20,474 | -€12,791 | -166.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,683 | -€20,474 | -€12,791 | -166.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.