RAVOT'ERS: 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.
RAVOT'ERS
Largest movements
- Financial fixed assets +€250,000
up €250,000 (+5,954%), from €4,199 to €254,199
- Cash -€15,503
down €15,503 (-73.7%), from €21,039 to €5,536
mainly Investment in fixed assets (net) (-€250,000) and Contributions, distributions and other (-€80,000)
- Receivables within one year -€15,299
down €15,299 (-29.0%), from €52,710 to €37,411
- Other debts +€181,296
up €181,296 (+824%), from €22,000 to €203,296
- Tax, wage and social debts +€24,538
up €24,538 (+51.2%), from €47,906 to €72,445
of which Taxes: +€20,578
- Trade debts +€12,705
up €12,705 (+816%), from €1,556 to €14,262
- Gross operating margin +€52,682
up €52,682 (+28.2%), from €186,644 to €239,326
- Staff costs +€40,282
up €40,282 (+34.4%), from €117,031 to €157,313
- Financial income +€24,926
up €24,926 (+202,482%), from €12 to €24,938
- Taxes +€4,730
up €4,730 (+26.2%), from €18,040 to €22,770
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 | €83,721 | €300,501 | +€216,780 | +259% |
| Fixed assets | 21/28 | €9,972 | €257,554 | +€247,582 | +2,483% |
| Tangible fixed assets | 22/27 | €5,773 | €3,355 | -€2,418 | -41.9% |
| Plant, machinery and equipment | 23 | €1,300 | €216 | -€1,084 | -83.4% |
| Other tangible fixed assets | 26 | €4,473 | €3,139 | -€1,334 | -29.8% |
| Financial fixed assets | 28 | €4,199 | €254,199 | +€250,000 | +5,954% |
| Current assets | 29/58 | €73,749 | €42,947 | -€30,802 | -41.8% |
| Amounts receivable within one year | 40/41 | €52,710 | €37,411 | -€15,299 | -29.0% |
| Other amounts receivable | 41 | €52,710 | €37,411 | -€15,299 | -29.0% |
| Cash at bank and in hand | 54/58 | €21,039 | €5,536 | -€15,503 | -73.7% |
| Total equity and liabilities | 10/49 | €83,721 | €300,501 | +€216,780 | +259% |
| Equity | 10/15 | €99 | €666 | +€567 | +573% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98 | €665 | +€567 | +579% |
| Amounts payable | 17/49 | €83,622 | €299,835 | +€216,213 | +259% |
| Amounts payable within one year | 42/48 | €83,622 | €299,835 | +€216,213 | +259% |
| Current portion of amounts payable after more than one year | 42 | €2,327 | - | -€2,327 | |
| Financial debts | 43 | €9,833 | €9,833 | = | 0.0% |
| Credit institutions | 430/8 | €9,833 | €9,833 | = | 0.0% |
| Trade debts | 44 | €1,556 | €14,262 | +€12,705 | +816% |
| Suppliers | 440/4 | €1,556 | €14,262 | +€12,705 | +816% |
| Taxes, remuneration and social security | 45 | €47,906 | €72,445 | +€24,538 | +51.2% |
| Taxes | 450/3 | €21,443 | €42,022 | +€20,578 | +96.0% |
| Remuneration and social security | 454/9 | €26,463 | €30,423 | +€3,960 | +15.0% |
| Other amounts payable | 47/48 | €22,000 | €203,296 | +€181,296 | +824% |
| Remuneration, social security and pensions | 62 | €117,031 | €157,313 | +€40,282 | +34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,743 | €2,418 | -€325 | -11.9% |
| Other operating charges | 640/8 | €403 | €238 | -€165 | -41.0% |
| Gross operating margin | 9900 | €186,644 | €239,326 | +€52,682 | +28.2% |
| Operating profit (loss) | 9901 | €66,466 | €79,357 | +€12,891 | +19.4% |
| Financial income | 75/76B | €12 | €24,938 | +€24,926 | +202,482% |
| Recurring financial income | 75 | €12 | €24,938 | +€24,926 | +202,482% |
| Financial charges | 65/66B | €1,032 | €957 | -€74 | -7.2% |
| Recurring financial charges | 65 | €1,032 | €957 | -€74 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €65,446 | €103,337 | +€37,891 | +57.9% |
| Income taxes | 67/77 | €18,040 | €22,770 | +€4,730 | +26.2% |
| Profit (loss) for the period | 9904 | €47,406 | €80,567 | +€33,161 | +70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,406 | €80,567 | +€33,161 | +70.0% |
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 29 October 2026 via checked.be.