REVACON: 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.
REVACON
Largest movements
- Receivables within one year -€28,530
down €28,530 (-45.0%), from €63,459 to €34,929
of which Trade receivables: -€36,356
- Cash +€23,049
up €23,049 (+201.0%), from €11,467 to €34,516
mainly Receivables within one year (+€28,530) and Other debts (+€18,400)
- Tangible fixed assets +€18,270
up €18,270 (+76.4%), from €23,909 to €42,179
of which Plant, machinery and equipment: +€26,175
- Financial fixed assets +€3,150
up €3,150 (+126.0%), from €2,500 to €5,650
- Deferred charges and accrued income +€1,961
new in 2025: €1,961
- Other debts +€18,400
new in 2025: €18,400
- Reserves -€15,478
down €15,478 (-25.0%), from €61,817 to €46,339
- Trade debts +€11,264
up €11,264, from €0 to €11,264
- Tax, wage and social debts -€10,043
down €10,043 (-75.0%), from €13,385 to €3,343
of which Taxes: -€6,827
- Debts after one year +€8,304
up €8,304 (+75.0%), from €11,069 to €19,373
- Staff costs +€38,679
up €38,679 (+86.1%), from €44,943 to €83,622
- Write-downs -€16,650
no longer reported in 2025 (was €16,650)
- Financial income +€12,798
up €12,798 (+859.0%), from €1,490 to €14,288
- Depreciation +€9,824
up €9,824 (+129.0%), from €7,615 to €17,439
- Taxes -€3,661
down €3,661 (-64.5%), from €5,672 to €2,011
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 | €101,335 | €119,235 | +€17,901 | +17.7% |
| Fixed assets | 21/28 | €26,409 | €47,829 | +€21,420 | +81.1% |
| Tangible fixed assets | 22/27 | €23,909 | €42,179 | +€18,270 | +76.4% |
| Plant, machinery and equipment | 23 | €5,119 | €31,294 | +€26,175 | +511.4% |
| Furniture and vehicles | 24 | €18,791 | €10,885 | -€7,905 | -42.1% |
| Financial fixed assets | 28 | €2,500 | €5,650 | +€3,150 | +126.0% |
| Current assets | 29/58 | €74,925 | €71,406 | -€3,519 | -4.7% |
| Amounts receivable within one year | 40/41 | €63,459 | €34,929 | -€28,530 | -45.0% |
| Trade receivables | 40 | €50,094 | €13,738 | -€36,356 | -72.6% |
| Other amounts receivable | 41 | €13,364 | €21,190 | +€7,826 | +58.6% |
| Cash at bank and in hand | 54/58 | €11,467 | €34,516 | +€23,049 | +201.0% |
| Deferred charges and accrued income | 490/1 | - | €1,961 | +€1,961 | |
| Total equity and liabilities | 10/49 | €101,335 | €119,235 | +€17,901 | +17.7% |
| Equity | 10/15 | €67,817 | €52,339 | -€15,478 | -22.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €61,817 | €46,339 | -€15,478 | -25.0% |
| Distributable reserves | 133 | €61,817 | €46,339 | -€15,478 | -25.0% |
| Amounts payable | 17/49 | €33,518 | €66,897 | +€33,379 | +99.6% |
| Amounts payable after more than one year | 17 | €11,069 | €19,373 | +€8,304 | +75.0% |
| Financial debts | 170/4 | €11,069 | €19,373 | +€8,304 | +75.0% |
| Amounts payable within one year | 42/48 | €22,448 | €47,523 | +€25,075 | +111.7% |
| Current portion of amounts payable after more than one year | 42 | €9,063 | €14,516 | +€5,454 | +60.2% |
| Trade debts | 44 | €0 | €11,264 | +€11,264 | |
| Suppliers | 440/4 | €0 | €11,264 | +€11,264 | |
| Taxes, remuneration and social security | 45 | €13,385 | €3,343 | -€10,043 | -75.0% |
| Taxes | 450/3 | €8,984 | €2,157 | -€6,827 | -76.0% |
| Remuneration and social security | 454/9 | €4,402 | €1,185 | -€3,216 | -73.1% |
| Other amounts payable | 47/48 | - | €18,400 | +€18,400 | |
| Remuneration, social security and pensions | 62 | €44,943 | €83,622 | +€38,679 | +86.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,615 | €17,439 | +€9,824 | +129.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,650 | - | -€16,650 | |
| Other operating charges | 640/8 | €2,688 | €3,172 | +€484 | +18.0% |
| Gross operating margin | 9900 | €96,196 | €97,331 | +€1,134 | +1.2% |
| Operating profit (loss) | 9901 | €24,301 | -€6,902 | -€31,203 | |
| Financial income | 75/76B | €1,490 | €14,288 | +€12,798 | +859.0% |
| Recurring financial income | 75 | €1,490 | €14,288 | +€12,798 | +859.0% |
| Financial charges | 65/66B | €1,458 | €2,453 | +€995 | +68.2% |
| Recurring financial charges | 65 | €1,458 | €2,453 | +€995 | +68.2% |
| Profit (loss) for the period before taxes | 9903 | €24,333 | €4,933 | -€19,400 | -79.7% |
| Income taxes | 67/77 | €5,672 | €2,011 | -€3,661 | -64.5% |
| Profit (loss) for the period | 9904 | €18,661 | €2,922 | -€15,739 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,661 | €2,922 | -€15,739 | -84.3% |
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 10 October 2026 via checked.be.