Rev-Op: 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.
Rev-Op
Largest movements
- Receivables within one year +€14,932
up €14,932 (+107.3%), from €13,912 to €28,844
of which Trade receivables: +€16,720
- Cash -€12,632
down €12,632 (-37.6%), from €33,596 to €20,964
mainly Contributions, distributions and other (-€44,582) and Receivables within one year (-€14,932)
- Deferred charges and accrued income -€11,798
down €11,798 (-70.3%), from €16,782 to €4,984
- Tangible fixed assets -€6,424
down €6,424 (-33.8%), from €19,034 to €12,610
of which Furniture and vehicles: -€5,937
- Profit (loss) carried forward -€35,837
down €35,837 (-52.1%), from €68,788 to €32,951
- Other debts +€13,615
new in 2025: €13,615
- Tax, wage and social debts +€6,286
up €6,286 (+59.7%), from €10,536 to €16,822
- Gross operating margin -€32,020
down €32,020 (-57.1%), from €56,092 to €24,072
- Taxes -€6,029
down €6,029 (-61.9%), from €9,742 to €3,713
- Depreciation -€1,690
down €1,690 (-20.8%), from €8,140 to €6,450
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 | €83,324 | €67,402 | -€15,922 | -19.1% |
| Fixed assets | 21/28 | €19,034 | €12,610 | -€6,424 | -33.8% |
| Tangible fixed assets | 22/27 | €19,034 | €12,610 | -€6,424 | -33.8% |
| Furniture and vehicles | 24 | €16,422 | €10,485 | -€5,937 | -36.2% |
| Other tangible fixed assets | 26 | €2,612 | €2,125 | -€487 | -18.6% |
| Current assets | 29/58 | €64,290 | €54,792 | -€9,498 | -14.8% |
| Amounts receivable within one year | 40/41 | €13,912 | €28,844 | +€14,932 | +107.3% |
| Trade receivables | 40 | €12,124 | €28,844 | +€16,720 | +137.9% |
| Other amounts receivable | 41 | €1,788 | - | -€1,788 | |
| Cash at bank and in hand | 54/58 | €33,596 | €20,964 | -€12,632 | -37.6% |
| Deferred charges and accrued income | 490/1 | €16,782 | €4,984 | -€11,798 | -70.3% |
| Total equity and liabilities | 10/49 | €83,324 | €67,402 | -€15,922 | -19.1% |
| Equity | 10/15 | €72,788 | €36,951 | -€35,837 | -49.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,788 | €32,951 | -€35,837 | -52.1% |
| Amounts payable | 17/49 | €10,536 | €30,451 | +€19,915 | +189.0% |
| Amounts payable within one year | 42/48 | €10,536 | €30,451 | +€19,915 | +189.0% |
| Trade debts | 44 | - | €14 | +€14 | |
| Suppliers | 440/4 | - | €14 | +€14 | |
| Taxes, remuneration and social security | 45 | €10,536 | €16,822 | +€6,286 | +59.7% |
| Taxes | 450/3 | €10,536 | €16,822 | +€6,286 | +59.7% |
| Other amounts payable | 47/48 | - | €13,615 | +€13,615 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,140 | €6,450 | -€1,690 | -20.8% |
| Other operating charges | 640/8 | €847 | €1,011 | +€164 | +19.4% |
| Gross operating margin | 9900 | €56,092 | €24,072 | -€32,020 | -57.1% |
| Operating profit (loss) | 9901 | €47,105 | €16,611 | -€30,494 | -64.7% |
| Financial income | 75/76B | €3 | €6 | +€3 | +100.0% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +100.0% |
| Financial charges | 65/66B | €4,176 | €4,159 | -€17 | -0.4% |
| Recurring financial charges | 65 | €4,176 | €4,159 | -€17 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €42,932 | €12,458 | -€30,474 | -71.0% |
| Income taxes | 67/77 | €9,742 | €3,713 | -€6,029 | -61.9% |
| Profit (loss) for the period | 9904 | €33,190 | €8,745 | -€24,445 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,190 | €8,745 | -€24,445 | -73.7% |
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.