REVA-LE: 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-LE
Largest movements
- Receivables within one year +€35,060
up €35,060 (+71.2%), from €49,221 to €84,281
- Cash -€11,193
down €11,193 (-18.1%), from €61,883 to €50,689
mainly Contributions, distributions and other (-€110,000) and Receivables within one year (-€35,060)
- Tangible fixed assets +€7,461
up €7,461 (+11.9%), from €62,837 to €70,298
of which Other tangible fixed assets: +€18,798
- Other debts +€93,500
new in 2025: €93,500
- Reserves -€66,818
down €66,818 (-55.9%), from €119,502 to €52,684
- Debts after one year -€15,323
down €15,323 (-38.3%), from €40,000 to €24,677
- Tax, wage and social debts +€10,500
up €10,500 (+128%), from €8,200 to €18,700
- Current portion of long-term debt +€7,770
new in 2025: €7,770
- Gross operating margin +€19,476
up €19,476 (+39.1%), from €49,790 to €69,265
- Depreciation +€5,310
up €5,310 (+56.3%), from €9,425 to €14,735
- Taxes +€2,444
up €2,444 (+24.2%), from €10,105 to €12,549
- Financial charges +€775
up €775 (+188%), from €412 to €1,187
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 | €173,940 | €205,268 | +€31,328 | +18.0% |
| Fixed assets | 21/28 | €62,837 | €70,298 | +€7,461 | +11.9% |
| Tangible fixed assets | 22/27 | €62,837 | €70,298 | +€7,461 | +11.9% |
| Land and buildings | 22 | €15,103 | €12,042 | -€3,061 | -20.3% |
| Plant, machinery and equipment | 23 | €4,356 | €6,172 | +€1,816 | +41.7% |
| Furniture and vehicles | 24 | €43,378 | €33,287 | -€10,091 | -23.3% |
| Other tangible fixed assets | 26 | - | €18,798 | +€18,798 | |
| Current assets | 29/58 | €111,103 | €134,970 | +€23,867 | +21.5% |
| Amounts receivable within one year | 40/41 | €49,221 | €84,281 | +€35,060 | +71.2% |
| Other amounts receivable | 41 | €49,221 | €84,281 | +€35,060 | +71.2% |
| Cash at bank and in hand | 54/58 | €61,883 | €50,689 | -€11,193 | -18.1% |
| Total equity and liabilities | 10/49 | €173,940 | €205,268 | +€31,328 | +18.0% |
| Equity | 10/15 | €124,502 | €57,684 | -€66,818 | -53.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €119,502 | €52,684 | -€66,818 | -55.9% |
| Distributable reserves | 133 | €119,502 | €52,684 | -€66,818 | -55.9% |
| Amounts payable | 17/49 | €49,438 | €147,584 | +€98,146 | +199% |
| Amounts payable after more than one year | 17 | €40,000 | €24,677 | -€15,323 | -38.3% |
| Financial debts | 170/4 | €40,000 | €24,677 | -€15,323 | -38.3% |
| Amounts payable within one year | 42/48 | €9,438 | €122,907 | +€113,469 | +1,202% |
| Current portion of amounts payable after more than one year | 42 | - | €7,770 | +€7,770 | |
| Trade debts | 44 | €1,238 | €2,937 | +€1,699 | +137% |
| Suppliers | 440/4 | €1,238 | €2,937 | +€1,699 | +137% |
| Taxes, remuneration and social security | 45 | €8,200 | €18,700 | +€10,500 | +128% |
| Taxes | 450/3 | €8,200 | €18,700 | +€10,500 | +128% |
| Other amounts payable | 47/48 | - | €93,500 | +€93,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,425 | €14,735 | +€5,310 | +56.3% |
| Other operating charges | 640/8 | €644 | €590 | -€54 | -8.4% |
| Gross operating margin | 9900 | €49,790 | €69,265 | +€19,476 | +39.1% |
| Operating profit (loss) | 9901 | €39,720 | €53,940 | +€14,220 | +35.8% |
| Financial income | 75/76B | €2,634 | €2,978 | +€344 | +13.1% |
| Recurring financial income | 75 | €2,634 | €2,978 | +€344 | +13.1% |
| Financial charges | 65/66B | €412 | €1,187 | +€775 | +188% |
| Recurring financial charges | 65 | €412 | €1,187 | +€775 | +188% |
| Profit (loss) for the period before taxes | 9903 | €41,942 | €55,731 | +€13,789 | +32.9% |
| Income taxes | 67/77 | €10,105 | €12,549 | +€2,444 | +24.2% |
| Profit (loss) for the period | 9904 | €31,837 | €43,182 | +€11,346 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,837 | €43,182 | +€11,346 | +35.6% |
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 19 October 2026 via checked.be.