REVA: 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.
REVA
Largest movements
- Current investments -€450,000
down €450,000 (-100.0%), from €450,000 to €0
- Cash +€240,558
up €240,558 (+562.6%), from €42,755 to €283,313
mainly Current investments (+€450,000) and Other debts (+€164,473)
- Receivables within one year +€201,263
up €201,263 (+8107.7%), from €2,482 to €203,745
of which Other amounts receivable: +€200,744
- Tangible fixed assets +€30,177
up €30,177 (+3.3%), from €910,268 to €940,445
of which Furniture and vehicles: +€60,038
- Debts after one year -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Other debts +€164,473
up €164,473 (+31.5%), from €522,545 to €687,018
- Reserves +€66,620
up €66,620 (+11.4%), from €586,884 to €653,504
of which Distributable reserves: +€68,337
- Gross operating margin +€12,673
up €12,673 (+6.6%), from €190,950 to €203,623
- Depreciation +€11,134
up €11,134 (+33.9%), from €32,886 to €44,020
- Financial charges -€9,271
down €9,271 (-16.5%), from €56,264 to €46,993
- Taxes +€6,694
up €6,694 (+22.7%), from €29,509 to €36,203
- Financial income +€3,527
up €3,527 (+49.1%), from €7,182 to €10,708
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 | €1,405,505 | €1,427,503 | +€21,998 | +1.6% |
| Fixed assets | 21/28 | €910,268 | €940,445 | +€30,177 | +3.3% |
| Tangible fixed assets | 22/27 | €910,268 | €940,445 | +€30,177 | +3.3% |
| Land and buildings | 22 | €910,102 | €878,634 | -€31,468 | -3.5% |
| Plant, machinery and equipment | 23 | - | €1,607 | +€1,607 | |
| Furniture and vehicles | 24 | €166 | €60,205 | +€60,038 | +36087.3% |
| Current assets | 29/58 | €495,237 | €487,058 | -€8,179 | -1.7% |
| Amounts receivable within one year | 40/41 | €2,482 | €203,745 | +€201,263 | +8107.7% |
| Trade receivables | 40 | €2,482 | €3,001 | +€519 | +20.9% |
| Other amounts receivable | 41 | - | €200,744 | +€200,744 | |
| Current investments | 50/53 | €450,000 | €0 | -€450,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,755 | €283,313 | +€240,558 | +562.6% |
| Total equity and liabilities | 10/49 | €1,405,505 | €1,427,503 | +€21,998 | +1.6% |
| Equity | 10/15 | €648,884 | €715,504 | +€66,620 | +10.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €586,884 | €653,504 | +€66,620 | +11.4% |
| Non-distributable reserves | 130/1 | €16,593 | €16,593 | = | 0.0% |
| Legal reserve | 130 | €16,593 | €16,593 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,747 | €16,029 | -€1,717 | -9.7% |
| Distributable reserves | 133 | €552,545 | €620,882 | +€68,337 | +12.4% |
| Provisions and deferred taxes | 16 | €7,192 | €6,496 | -€696 | -9.7% |
| Deferred taxes | 168 | €7,192 | €6,496 | -€696 | -9.7% |
| Amounts payable | 17/49 | €749,428 | €705,503 | -€43,925 | -5.9% |
| Amounts payable after more than one year | 17 | €200,000 | €0 | -€200,000 | -100.0% |
| Financial debts | 170/4 | €200,000 | €0 | -€200,000 | -100.0% |
| Amounts payable within one year | 42/48 | €549,428 | €705,503 | +€156,075 | +28.4% |
| Trade debts | 44 | €916 | €5,870 | +€4,954 | +540.6% |
| Suppliers | 440/4 | €916 | €5,870 | +€4,954 | +540.6% |
| Taxes, remuneration and social security | 45 | €25,967 | €12,615 | -€13,352 | -51.4% |
| Taxes | 450/3 | €25,967 | €12,615 | -€13,352 | -51.4% |
| Other amounts payable | 47/48 | €522,545 | €687,018 | +€164,473 | +31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,886 | €44,020 | +€11,134 | +33.9% |
| Other operating charges | 640/8 | €20,027 | €21,191 | +€1,164 | +5.8% |
| Gross operating margin | 9900 | €190,950 | €203,623 | +€12,673 | +6.6% |
| Operating profit (loss) | 9901 | €138,037 | €138,411 | +€375 | +0.3% |
| Financial income | 75/76B | €7,182 | €10,708 | +€3,527 | +49.1% |
| Recurring financial income | 75 | €7,182 | €10,708 | +€3,527 | +49.1% |
| Financial charges | 65/66B | €56,264 | €46,993 | -€9,271 | -16.5% |
| Recurring financial charges | 65 | €56,264 | €46,993 | -€9,271 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €88,954 | €102,127 | +€13,172 | +14.8% |
| Transfer from deferred taxes | 780 | €696 | €696 | = | 0.0% |
| Income taxes | 67/77 | €29,509 | €36,203 | +€6,694 | +22.7% |
| Profit (loss) for the period | 9904 | €60,141 | €66,620 | +€6,478 | +10.8% |
| Transfer from tax-exempt reserves | 789 | €1,717 | €1,717 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,859 | €68,337 | +€6,478 | +10.5% |
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 2 October 2026 via checked.be.