Relivent: 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.
Relivent
Largest movements
- Cash +€45,237
up €45,237 (+98.4%), from €45,982 to €91,220
mainly Net result for the year (+€104,030) and Current investments (+€27,135)
- Tangible fixed assets +€30,244
up €30,244 (+21.6%), from €139,745 to €169,989
of which Furniture and vehicles: +€27,753
- Current investments -€27,135
down €27,135 (-13.5%), from €200,961 to €173,827
- Receivables within one year -€8,946
down €8,946 (-16.9%), from €52,960 to €44,015
of which Trade receivables: -€5,548
- Reserves +€40,885
up €40,885 (+9.1%), from €450,745 to €491,630
- Gross operating margin +€7,545
up €7,545 (+6.0%), from €124,720 to €132,265
- Financial charges -€6,629
down €6,629 (-53.6%), from €12,379 to €5,750
- Financial income +€5,993
up €5,993 (+50.0%), from €11,985 to €17,977
- Taxes +€2,772
up €2,772 (+8.4%), from €32,992 to €35,764
- Depreciation +€1,762
up €1,762 (+74.8%), from €2,356 to €4,118
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 | €473,989 | €516,620 | +€42,632 | +9.0% |
| Fixed assets | 21/28 | €172,788 | €206,030 | +€33,242 | +19.2% |
| Tangible fixed assets | 22/27 | €139,745 | €169,989 | +€30,244 | +21.6% |
| Land and buildings | 22 | €135,000 | €135,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,483 | €685 | -€799 | -53.8% |
| Furniture and vehicles | 24 | €3,262 | €31,015 | +€27,753 | +851% |
| Other tangible fixed assets | 26 | - | €3,290 | +€3,290 | |
| Financial fixed assets | 28 | €33,043 | €36,041 | +€2,998 | +9.1% |
| Current assets | 29/58 | €301,201 | €310,590 | +€9,390 | +3.1% |
| Amounts receivable within one year | 40/41 | €52,960 | €44,015 | -€8,946 | -16.9% |
| Trade receivables | 40 | €48,073 | €42,525 | -€5,548 | -11.5% |
| Other amounts receivable | 41 | €4,887 | €1,489 | -€3,398 | -69.5% |
| Current investments | 50/53 | €200,961 | €173,827 | -€27,135 | -13.5% |
| Cash at bank and in hand | 54/58 | €45,982 | €91,220 | +€45,237 | +98.4% |
| Deferred charges and accrued income | 490/1 | €1,296 | €1,529 | +€233 | +17.9% |
| Total equity and liabilities | 10/49 | €473,989 | €516,620 | +€42,632 | +9.0% |
| Equity | 10/15 | €469,345 | €510,230 | +€40,885 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €450,745 | €491,630 | +€40,885 | +9.1% |
| Distributable reserves | 133 | €450,745 | €491,630 | +€40,885 | +9.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,644 | €6,390 | +€1,746 | +37.6% |
| Amounts payable within one year | 42/48 | €4,644 | €5,979 | +€1,335 | +28.7% |
| Financial debts | 43 | €0 | €1 | +€1 | |
| Credit institutions | 430/8 | €0 | €1 | +€1 | |
| Trade debts | 44 | €26 | €0 | -€26 | -100% |
| Suppliers | 440/4 | €26 | €0 | -€26 | -100% |
| Taxes, remuneration and social security | 45 | €4,617 | €4,644 | +€27 | +0.6% |
| Taxes | 450/3 | €4,617 | €4,644 | +€27 | +0.6% |
| Other amounts payable | 47/48 | - | €1,334 | +€1,334 | |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,356 | €4,118 | +€1,762 | +74.8% |
| Other operating charges | 640/8 | €292 | €580 | +€288 | +98.6% |
| Gross operating margin | 9900 | €124,720 | €132,265 | +€7,545 | +6.0% |
| Operating profit (loss) | 9901 | €122,072 | €127,567 | +€5,495 | +4.5% |
| Financial income | 75/76B | €11,985 | €17,977 | +€5,993 | +50.0% |
| Recurring financial income | 75 | €11,985 | €17,977 | +€5,993 | +50.0% |
| Financial charges | 65/66B | €12,379 | €5,750 | -€6,629 | -53.6% |
| Recurring financial charges | 65 | €12,379 | €5,750 | -€6,629 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €121,678 | €139,794 | +€18,116 | +14.9% |
| Income taxes | 67/77 | €32,992 | €35,764 | +€2,772 | +8.4% |
| Profit (loss) for the period | 9904 | €88,686 | €104,030 | +€15,344 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €88,686 | €104,030 | +€15,344 | +17.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.