Ravot: 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.
Ravot
Largest movements
- Financial fixed assets -€831,314
down €831,314 (-4.7%), from €17.9m to €17.0m
- Cash +€218,242
up €218,242 (+79.0%), from €276,105 to €494,347
mainly Net result for the year (+€2.2m) and Other debts (+€1.3m)
- Debts after one year -€3.1m
down €3.1m (-36.7%), from €8.4m to €5.3m
- Other debts +€1.3m
up €1.3m (+55.8%), from €2.3m to €3.5m
- Reserves +€1.2m
up €1.2m (+16.1%), from €7.2m to €8.3m
- Financial income +€626,218
up €626,218 (+41.4%), from €1.5m to €2.1m
- Financial charges +€68,574
up €68,574 (+14.7%), from €467,047 to €535,621
- Taxes -€29,775
down €29,775, from €25,476 to -€4,299
- Gross operating margin -€23,478
down €23,478 (-4.1%), from €571,004 to €547,527
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 | €18,324,289 | €17,741,536 | -€582,752 | -3.2% |
| Fixed assets | 21/28 | €17,869,104 | €17,037,790 | -€831,314 | -4.7% |
| Financial fixed assets | 28 | €17,869,104 | €17,037,790 | -€831,314 | -4.7% |
| Current assets | 29/58 | €455,185 | €703,747 | +€248,562 | +54.6% |
| Amounts receivable within one year | 40/41 | €179,080 | €209,400 | +€30,320 | +16.9% |
| Trade receivables | 40 | €179,080 | €205,888 | +€26,808 | +15.0% |
| Other amounts receivable | 41 | - | €3,512 | +€3,512 | |
| Cash at bank and in hand | 54/58 | €276,105 | €494,347 | +€218,242 | +79.0% |
| Total equity and liabilities | 10/49 | €18,324,289 | €17,741,536 | -€582,752 | -3.2% |
| Equity | 10/15 | €7,189,997 | €8,345,119 | +€1.2m | +16.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,186,997 | €8,342,119 | +€1.2m | +16.1% |
| Distributable reserves | 133 | €7,186,997 | €8,342,119 | +€1.2m | +16.1% |
| Amounts payable | 17/49 | €11,134,292 | €9,396,417 | -€1.7m | -15.6% |
| Amounts payable after more than one year | 17 | €8,361,152 | €5,291,312 | -€3.1m | -36.7% |
| Financial debts | 170/4 | €8,361,152 | €5,291,312 | -€3.1m | -36.7% |
| Amounts payable within one year | 42/48 | €2,773,140 | €4,105,105 | +€1.3m | +48.0% |
| Trade debts | 44 | €466,783 | €541,305 | +€74,522 | +16.0% |
| Suppliers | 440/4 | €466,783 | €541,305 | +€74,522 | +16.0% |
| Taxes, remuneration and social security | 45 | €56,358 | €57,863 | +€1,506 | +2.7% |
| Taxes | 450/3 | €56,358 | €57,863 | +€1,506 | +2.7% |
| Other amounts payable | 47/48 | €2,250,000 | €3,505,937 | +€1.3m | +55.8% |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Gross operating margin | 9900 | €571,004 | €547,527 | -€23,478 | -4.1% |
| Operating profit (loss) | 9901 | €569,975 | €546,466 | -€23,509 | -4.1% |
| Financial income | 75/76B | €1,513,761 | €2,139,979 | +€626,218 | +41.4% |
| Recurring financial income | 75 | €1,513,761 | €2,139,979 | +€626,218 | +41.4% |
| Financial charges | 65/66B | €467,047 | €535,621 | +€68,574 | +14.7% |
| Recurring financial charges | 65 | €467,047 | €535,621 | +€68,574 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €1,616,689 | €2,150,824 | +€534,135 | +33.0% |
| Income taxes | 67/77 | €25,476 | -€4,299 | -€29,775 | |
| Profit (loss) for the period | 9904 | €1,591,213 | €2,155,123 | +€563,910 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,591,213 | €2,155,123 | +€563,910 | +35.4% |
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 8 October 2026 via checked.be.