RAVYMO: 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.
RAVYMO
Largest movements
- Receivables within one year -€6,800
down €6,800 (-4.9%), from €138,281 to €131,481
- Tangible fixed assets -€6,556
down €6,556 (-5.3%), from €122,855 to €116,299
of which Land and buildings: -€6,287
- Debts after one year -€16,158
down €16,158 (-8.3%), from €194,745 to €178,587
of which Financial debts: -€144,486
- Gross operating margin +€2,219
up €2,219 (+17.9%), from €12,367 to €14,586
- Financial income -€1,250
no longer reported in 2025 (was €1,250)
- Depreciation +€918
up €918 (+9.8%), from €9,401 to €10,318
- Financial charges -€626
down €626 (-30.5%), from €2,053 to €1,427
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 | €262,379 | €248,281 | -€14,098 | -5.4% |
| Fixed assets | 21/28 | €122,855 | €116,299 | -€6,556 | -5.3% |
| Tangible fixed assets | 22/27 | €122,855 | €116,299 | -€6,556 | -5.3% |
| Land and buildings | 22 | €118,169 | €111,883 | -€6,287 | -5.3% |
| Plant, machinery and equipment | 23 | €1,241 | €1,920 | +€679 | +54.7% |
| Furniture and vehicles | 24 | €3,445 | €2,496 | -€948 | -27.5% |
| Current assets | 29/58 | €139,524 | €131,982 | -€7,542 | -5.4% |
| Amounts receivable within one year | 40/41 | €138,281 | €131,481 | -€6,800 | -4.9% |
| Other amounts receivable | 41 | €138,281 | €131,481 | -€6,800 | -4.9% |
| Cash at bank and in hand | 54/58 | €1,243 | €501 | -€742 | -59.7% |
| Total equity and liabilities | 10/49 | €262,379 | €248,281 | -€14,098 | -5.4% |
| Equity | 10/15 | €39,376 | €41,755 | +€2,379 | +6.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €19,376 | €21,755 | +€2,379 | +12.3% |
| Distributable reserves | 133 | €19,376 | €21,755 | +€2,379 | +12.3% |
| Amounts payable | 17/49 | €223,003 | €206,526 | -€16,477 | -7.4% |
| Amounts payable after more than one year | 17 | €194,745 | €178,587 | -€16,158 | -8.3% |
| Financial debts | 170/4 | €194,745 | €50,259 | -€144,486 | -74.2% |
| Other amounts payable | 178/9 | - | €128,328 | +€128,328 | |
| Amounts payable within one year | 42/48 | €28,258 | €27,939 | -€319 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €16,158 | €15,839 | -€319 | -2.0% |
| Trade debts | 44 | €12,100 | €12,100 | = | 0.0% |
| Suppliers | 440/4 | €12,100 | €12,100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,401 | €10,318 | +€918 | +9.8% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €12,367 | €14,586 | +€2,219 | +17.9% |
| Operating profit (loss) | 9901 | €2,517 | €3,806 | +€1,289 | +51.2% |
| Financial income | 75/76B | €1,250 | - | -€1,250 | |
| Recurring financial income | 75 | €1,250 | - | -€1,250 | |
| Financial charges | 65/66B | €2,053 | €1,427 | -€626 | -30.5% |
| Recurring financial charges | 65 | €2,053 | €1,427 | -€626 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €1,714 | €2,379 | +€665 | +38.8% |
| Profit (loss) for the period | 9904 | €1,714 | €2,379 | +€665 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,714 | €2,379 | +€665 | +38.8% |
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 3 October 2026 via checked.be.