ReproVetS: 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.
ReproVetS
Largest movements
- Receivables within one year +€35,039
up €35,039 (+26.8%), from €130,983 to €166,022
of which Trade receivables: +€35,020
- Cash +€17,858
up €17,858 (+10.9%), from €164,556 to €182,413
mainly Depreciation (+€31,579) and Tax, wage and social debts (+€29,778)
- Tangible fixed assets -€12,191
down €12,191 (-9.9%), from €123,605 to €111,414
of which Plant, machinery and equipment: -€13,363
- Tax, wage and social debts +€29,778
up €29,778 (+1830.3%), from €1,627 to €31,405
- Profit (loss) carried forward +€29,742
up €29,742 (+48.9%), from -€60,883 to -€31,141
- Trade debts -€19,969
down €19,969 (-11.0%), from €181,252 to €161,283
- Gross operating margin +€24,040
up €24,040 (+56.5%), from €42,532 to €66,571
- Depreciation +€4,490
up €4,490 (+16.6%), from €27,089 to €31,579
- Other operating charges +€721
up €721 (+17.3%), from €4,162 to €4,882
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 | €428,009 | €464,414 | +€36,405 | +8.5% |
| Fixed assets | 21/28 | €123,605 | €111,414 | -€12,191 | -9.9% |
| Tangible fixed assets | 22/27 | €123,605 | €111,414 | -€12,191 | -9.9% |
| Plant, machinery and equipment | 23 | €58,435 | €45,072 | -€13,363 | -22.9% |
| Furniture and vehicles | 24 | €6,334 | €4,279 | -€2,055 | -32.4% |
| Other tangible fixed assets | 26 | €58,836 | €62,064 | +€3,228 | +5.5% |
| Current assets | 29/58 | €304,403 | €352,999 | +€48,596 | +16.0% |
| Stocks and contracts in progress | 3 | €2,583 | €1,088 | -€1,495 | -57.9% |
| Stocks | 30/36 | €2,583 | €1,088 | -€1,495 | -57.9% |
| Amounts receivable within one year | 40/41 | €130,983 | €166,022 | +€35,039 | +26.8% |
| Trade receivables | 40 | €100,969 | €135,990 | +€35,020 | +34.7% |
| Other amounts receivable | 41 | €30,013 | €30,032 | +€19 | +0.1% |
| Cash at bank and in hand | 54/58 | €164,556 | €182,413 | +€17,858 | +10.9% |
| Deferred charges and accrued income | 490/1 | €6,282 | €3,476 | -€2,806 | -44.7% |
| Total equity and liabilities | 10/49 | €428,009 | €464,414 | +€36,405 | +8.5% |
| Equity | 10/15 | €95,367 | €125,109 | +€29,742 | +31.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €131,250 | €131,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €112,500 | €112,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,883 | -€31,141 | +€29,742 | +48.9% |
| Amounts payable | 17/49 | €332,641 | €339,305 | +€6,663 | +2.0% |
| Amounts payable within one year | 42/48 | €332,641 | €339,305 | +€6,663 | +2.0% |
| Trade debts | 44 | €181,252 | €161,283 | -€19,969 | -11.0% |
| Suppliers | 440/4 | €181,252 | €161,283 | -€19,969 | -11.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,627 | €31,405 | +€29,778 | +1830.3% |
| Taxes | 450/3 | €1,627 | €31,405 | +€29,778 | +1830.3% |
| Other amounts payable | 47/48 | €149,763 | €146,617 | -€3,146 | -2.1% |
| Non-recurring operating income | 76A | €4,351 | €0 | -€4,351 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,089 | €31,579 | +€4,490 | +16.6% |
| Other operating charges | 640/8 | €4,162 | €4,882 | +€721 | +17.3% |
| Gross operating margin | 9900 | €42,532 | €66,571 | +€24,040 | +56.5% |
| Operating profit (loss) | 9901 | €11,281 | €30,110 | +€18,829 | +166.9% |
| Financial income | 75/76B | €374 | €186 | -€188 | -50.2% |
| Recurring financial income | 75 | €374 | €186 | -€188 | -50.2% |
| Financial charges | 65/66B | €578 | €554 | -€24 | -4.1% |
| Recurring financial charges | 65 | €578 | €554 | -€24 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €11,077 | €29,742 | +€18,665 | +168.5% |
| Income taxes | 67/77 | €26 | €0 | -€26 | -100.0% |
| Profit (loss) for the period | 9904 | €11,051 | €29,742 | +€18,691 | +169.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,051 | €29,742 | +€18,691 | +169.1% |
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 10 October 2026 via checked.be.