REVACCO+: 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.
REVACCO+
Largest movements
- Receivables within one year -€87,435
down €87,435 (-76.6%), from €114,194 to €26,759
- Tangible fixed assets +€46,230
up €46,230 (+459%), from €10,082 to €56,312
of which Furniture and vehicles: +€53,659
- Cash -€9,860
down €9,860 (-99.6%), from €9,899 to €39
mainly Investment in fixed assets (net) (-€52,528) and Debts (-€42,727)
- Debts -€42,727
down €42,727 (-20.2%), from €211,139 to €168,412
of which Debts within one year: -€67,360
- Equity -€8,338
down €8,338 (-11.1%), from -€75,214 to -€83,552
of which Profit (loss) carried forward: -€8,338
- Turnover -€277,935
down €277,935 (-75.6%), from €367,616 to €89,681
- Gross operating margin -€175,886
down €175,886 (-85.5%), from €205,729 to €29,843
- Purchases and services +€79,372
new in 2021: €79,372
- Staff costs +€30,348
new in 2021: €30,348
- Taxes -€11,016
down €11,016 (-98.6%), from €11,169 to €153
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,925 | €84,860 | -€51,065 | -37.6% |
| Fixed assets | 21/28 | €11,832 | €58,062 | +€46,230 | +391% |
| Tangible fixed assets | 22/27 | €10,082 | €56,312 | +€46,230 | +459% |
| Plant, machinery and equipment | 23 | - | €2,653 | +€2,653 | |
| Furniture and vehicles | 24 | - | €53,659 | +€53,659 | |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €124,093 | €26,798 | -€97,295 | -78.4% |
| Amounts receivable within one year | 40/41 | €114,194 | €26,759 | -€87,435 | -76.6% |
| Trade receivables | 40 | - | €14,413 | +€14,413 | |
| Other amounts receivable | 41 | - | €12,346 | +€12,346 | |
| Cash at bank and in hand | 54/58 | €9,899 | €39 | -€9,860 | -99.6% |
| Total equity and liabilities | 10/49 | €135,925 | €84,860 | -€51,065 | -37.6% |
| Equity | 10/15 | -€75,214 | -€83,552 | -€8,338 | -11.1% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €385 | €385 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €385 | +€385 | |
| Reserves not available under the articles | 1311 | - | €385 | +€385 | |
| Profit (loss) carried forward | 14 | -€94,199 | -€102,537 | -€8,338 | -8.9% |
| Amounts payable | 17/49 | €211,139 | €168,412 | -€42,727 | -20.2% |
| Amounts payable after more than one year | 17 | €122,227 | €144,900 | +€22,673 | +18.5% |
| Financial debts | 170/4 | - | €144,900 | +€144,900 | |
| Amounts payable within one year | 42/48 | €87,976 | €20,616 | -€67,360 | -76.6% |
| Current portion of amounts payable after more than one year | 42 | - | €382 | +€382 | |
| Trade debts | 44 | €73,924 | €4,595 | -€69,329 | -93.8% |
| Suppliers | 440/4 | - | €4,595 | +€4,595 | |
| Taxes, remuneration and social security | 45 | - | €15,256 | +€15,256 | |
| Taxes | 450/3 | - | €10,943 | +€10,943 | |
| Remuneration and social security | 454/9 | - | €4,313 | +€4,313 | |
| Other amounts payable | 47/48 | - | €383 | +€383 | |
| Accrued charges and deferred income | 492/3 | - | €2,896 | +€2,896 | |
| Turnover | 70 | €367,616 | €89,681 | -€277,935 | -75.6% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €79,372 | +€79,372 | |
| Remuneration, social security and pensions | 62 | - | €30,348 | +€30,348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,511 | €6,298 | +€1,787 | +39.6% |
| Other operating charges | 640/8 | - | €1,048 | +€1,048 | |
| Gross operating margin | 9900 | €205,729 | €29,843 | -€175,886 | -85.5% |
| Operating profit (loss) | 9901 | €25,843 | -€7,851 | -€33,694 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | - | €334 | +€334 | |
| Recurring financial charges | 65 | €617 | €334 | -€283 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €25,228 | -€8,185 | -€33,413 | |
| Income taxes | 67/77 | €11,169 | €153 | -€11,016 | -98.6% |
| Profit (loss) for the period | 9904 | €14,059 | -€8,338 | -€22,397 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,059 | -€8,338 | -€22,397 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.