Reivel: 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.
Reivel
Largest movements
- Receivables within one year +€47,489
up €47,489 (+65.2%), from €72,861 to €120,349
of which Other amounts receivable: +€68,958
- Cash +€19,585
up €19,585 (+82.6%), from €23,718 to €43,303
mainly Net result for the year (+€32,864) and Tax, wage and social debts (+€18,901)
- Reserves +€32,864
up €32,864 (+48.7%), from €67,516 to €100,380
- Tax, wage and social debts +€18,901
up €18,901 (+72.4%), from €26,099 to €45,000
of which Taxes: +€15,902
- Trade debts +€16,342
up €16,342 (+501.8%), from €3,257 to €19,599
- Gross operating margin -€44,943
down €44,943 (-47.3%), from €95,025 to €50,081
- Taxes -€12,450
down €12,450 (-47.7%), from €26,099 to €13,649
- Other operating charges +€1,508
new in 2025: €1,508
- Depreciation +€962
up €962 (+75.0%), from €1,282 to €2,245
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 | €101,872 | €169,979 | +€68,107 | +66.9% |
| Fixed assets | 21/28 | €5,293 | €6,318 | +€1,024 | +19.3% |
| Tangible fixed assets | 22/27 | €5,293 | €6,318 | +€1,024 | +19.3% |
| Plant, machinery and equipment | 23 | - | €2,827 | +€2,827 | |
| Furniture and vehicles | 24 | €5,293 | €3,491 | -€1,802 | -34.0% |
| Current assets | 29/58 | €96,578 | €163,661 | +€67,083 | +69.5% |
| Amounts receivable within one year | 40/41 | €72,861 | €120,349 | +€47,489 | +65.2% |
| Trade receivables | 40 | €67,189 | €45,719 | -€21,470 | -32.0% |
| Other amounts receivable | 41 | €5,672 | €74,630 | +€68,958 | +1215.8% |
| Cash at bank and in hand | 54/58 | €23,718 | €43,303 | +€19,585 | +82.6% |
| Deferred charges and accrued income | 490/1 | - | €9 | +€9 | |
| Total equity and liabilities | 10/49 | €101,872 | €169,979 | +€68,107 | +66.9% |
| Equity | 10/15 | €72,516 | €105,380 | +€32,864 | +45.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,516 | €100,380 | +€32,864 | +48.7% |
| Distributable reserves | 133 | €67,516 | €100,380 | +€32,864 | +48.7% |
| Amounts payable | 17/49 | €29,356 | €64,599 | +€35,243 | +120.1% |
| Amounts payable within one year | 42/48 | €29,356 | €64,599 | +€35,243 | +120.1% |
| Trade debts | 44 | €3,257 | €19,599 | +€16,342 | +501.8% |
| Suppliers | 440/4 | €3,257 | €19,599 | +€16,342 | +501.8% |
| Taxes, remuneration and social security | 45 | €26,099 | €45,000 | +€18,901 | +72.4% |
| Taxes | 450/3 | €26,099 | €42,002 | +€15,902 | +60.9% |
| Remuneration and social security | 454/9 | - | €2,999 | +€2,999 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,282 | €2,245 | +€962 | +75.0% |
| Other operating charges | 640/8 | - | €1,508 | +€1,508 | |
| Gross operating margin | 9900 | €95,025 | €50,081 | -€44,943 | -47.3% |
| Operating profit (loss) | 9901 | €93,742 | €46,328 | -€47,414 | -50.6% |
| Financial income | 75/76B | €1 | €390 | +€389 | +47497.6% |
| Recurring financial income | 75 | €1 | €390 | +€389 | +47497.6% |
| Financial charges | 65/66B | €128 | €206 | +€78 | +61.1% |
| Recurring financial charges | 65 | €128 | €206 | +€78 | +61.1% |
| Profit (loss) for the period before taxes | 9903 | €93,615 | €46,512 | -€47,103 | -50.3% |
| Income taxes | 67/77 | €26,099 | €13,649 | -€12,450 | -47.7% |
| Profit (loss) for the period | 9904 | €67,516 | €32,864 | -€34,653 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,516 | €32,864 | -€34,653 | -51.3% |
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 6 October 2026 via checked.be.