REVA-LAPIERRE: 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.
REVA-LAPIERRE
Largest movements
- Cash +€25,305
up €25,305 (+18.7%), from €135,231 to €160,536
mainly Net result for the year (+€35,475) and Depreciation (+€22,755)
- Tangible fixed assets -€21,033
down €21,033 (-18.9%), from €111,476 to €90,443
of which Furniture and vehicles: -€12,073
- Current investments +€11,888
up €11,888 (+198%), from €6,000 to €17,888
- Receivables within one year +€3,604
up €3,604 (+348%), from €1,036 to €4,640
- Reserves +€135,453
new in 2025: €135,453
- Profit (loss) carried forward -€99,978
down €99,978 (-100%), from €99,978 to €0
- Debts after one year -€19,566
down €19,566 (-21.8%), from €89,575 to €70,009
- Accrued charges and deferred income +€3,420
up €3,420 (+16.0%), from €21,403 to €24,822
- Gross operating margin -€19,481
down €19,481 (-21.0%), from €92,776 to €73,295
- Taxes -€3,516
down €3,516 (-25.1%), from €14,005 to €10,489
- Depreciation +€2,715
up €2,715 (+13.5%), from €20,040 to €22,755
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 | €254,844 | €274,635 | +€19,791 | +7.8% |
| Fixed assets | 21/28 | €111,476 | €90,443 | -€21,033 | -18.9% |
| Tangible fixed assets | 22/27 | €111,476 | €90,443 | -€21,033 | -18.9% |
| Plant, machinery and equipment | 23 | €12,268 | €8,901 | -€3,367 | -27.4% |
| Furniture and vehicles | 24 | €54,203 | €42,130 | -€12,073 | -22.3% |
| Other tangible fixed assets | 26 | €45,005 | €39,412 | -€5,593 | -12.4% |
| Current assets | 29/58 | €143,368 | €184,192 | +€40,823 | +28.5% |
| Amounts receivable within one year | 40/41 | €1,036 | €4,640 | +€3,604 | +348% |
| Other amounts receivable | 41 | €1,036 | €4,640 | +€3,604 | +348% |
| Current investments | 50/53 | €6,000 | €17,888 | +€11,888 | +198% |
| Cash at bank and in hand | 54/58 | €135,231 | €160,536 | +€25,305 | +18.7% |
| Deferred charges and accrued income | 490/1 | €1,102 | €1,128 | +€26 | +2.4% |
| Total equity and liabilities | 10/49 | €254,844 | €274,635 | +€19,791 | +7.8% |
| Equity | 10/15 | €114,978 | €150,453 | +€35,475 | +30.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €135,453 | +€135,453 | |
| Distributable reserves | 133 | - | €135,453 | +€135,453 | |
| Profit (loss) carried forward | 14 | €99,978 | €0 | -€99,978 | -100% |
| Amounts payable | 17/49 | €139,867 | €124,182 | -€15,685 | -11.2% |
| Amounts payable after more than one year | 17 | €89,575 | €70,009 | -€19,566 | -21.8% |
| Financial debts | 170/4 | €89,575 | €70,009 | -€19,566 | -21.8% |
| Amounts payable within one year | 42/48 | €28,889 | €29,350 | +€461 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €19,178 | €19,566 | +€388 | +2.0% |
| Financial debts | 43 | €5,071 | €5,046 | -€25 | -0.5% |
| Credit institutions | 430/8 | €5,071 | €5,046 | -€25 | -0.5% |
| Trade debts | 44 | €1,047 | €1,931 | +€884 | +84.4% |
| Suppliers | 440/4 | €1,047 | €1,931 | +€884 | +84.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,593 | €2,807 | -€785 | -21.9% |
| Accrued charges and deferred income | 492/3 | €21,403 | €24,822 | +€3,420 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,040 | €22,755 | +€2,715 | +13.5% |
| Other operating charges | 640/8 | €1,178 | €1,157 | -€21 | -1.8% |
| Non-recurring operating charges | 66A | €293 | €0 | -€293 | -100% |
| Gross operating margin | 9900 | €92,776 | €73,295 | -€19,481 | -21.0% |
| Operating profit (loss) | 9901 | €71,266 | €49,383 | -€21,883 | -30.7% |
| Financial income | 75/76B | €159 | €429 | +€270 | +170% |
| Recurring financial income | 75 | €159 | €429 | +€270 | +170% |
| Financial charges | 65/66B | €4,170 | €3,848 | -€322 | -7.7% |
| Recurring financial charges | 65 | €4,170 | €3,848 | -€322 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €67,254 | €45,964 | -€21,290 | -31.7% |
| Income taxes | 67/77 | €14,005 | €10,489 | -€3,516 | -25.1% |
| Profit (loss) for the period | 9904 | €53,249 | €35,475 | -€17,774 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,249 | €35,475 | -€17,774 | -33.4% |
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 21 October 2026 via checked.be.