REVADAPT: 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.
REVADAPT
Largest movements
- Tangible fixed assets -€983,333
down €983,333 (-100.0%), from €983,333 to €0
- Debts after one year -€3.0m
no longer reported in 2024 (was €3.0m)
of which Other amounts payable: -€3.0m
- Provisions +€1.8m
up €1.8m (+1098.0%), from €166,769 to €2.0m
of which Provisions for liabilities and charges: +€2.0m
- Reserves +€1.2m
new in 2024: €1.2m
- Profit (loss) carried forward -€999,967
down €999,967 (-103.7%), from -€964,059 to -€2.0m
- Depreciation +€998,104
new in 2024: €998,104
- Gross operating margin +€14,252
up €14,252 (+89.8%), from -€15,879 to -€1,627
- Other operating charges -€12,318
down €12,318 (-100.0%), from €12,318 to €0
- Purchases and services -€1,874
down €1,874 (-53.5%), from €3,501 to €1,627
- Financial charges +€176
up €176 (+292.6%), from €60 to €236
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,053,304 | €2,074,231 | -€979,073 | -32.1% |
| Fixed assets | 21/28 | €2,658,459 | €1,680,855 | -€977,604 | -36.8% |
| Intangible fixed assets | 21 | €841,928 | €827,158 | -€14,771 | -1.8% |
| Tangible fixed assets | 22/27 | €983,333 | €0 | -€983,333 | -100.0% |
| Other tangible fixed assets | 26 | €983,333 | €0 | -€983,333 | -100.0% |
| Financial fixed assets | 28 | €833,198 | €853,698 | +€20,500 | +2.5% |
| Current assets | 29/58 | €394,845 | €393,376 | -€1,469 | -0.4% |
| Amounts receivable after more than one year | 29 | €327,940 | €327,940 | = | 0.0% |
| Other amounts receivable | 291 | €327,940 | €327,940 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €66,767 | €65,436 | -€1,331 | -2.0% |
| Other amounts receivable | 41 | €66,767 | €65,436 | -€1,331 | -2.0% |
| Cash at bank and in hand | 54/58 | €138 | €0 | -€138 | -100.0% |
| Total equity and liabilities | 10/49 | €3,053,304 | €2,074,231 | -€979,073 | -32.1% |
| Equity | 10/15 | -€158,550 | €41,483 | +€200,033 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €743,509 | €743,509 | -€0 | 0.0% |
| Reserves | 13 | - | €1,200,000 | +€1.2m | |
| Profit (loss) carried forward | 14 | -€964,059 | -€1,964,026 | -€999,967 | -103.7% |
| Provisions and deferred taxes | 16 | €166,769 | €1,997,863 | +€1.8m | +1098.0% |
| Provisions for liabilities and charges | 160/5 | - | €1,997,863 | +€2.0m | |
| Major repairs and maintenance | 162 | - | €1,997,863 | +€2.0m | |
| Deferred taxes | 168 | €166,769 | €0 | -€166,769 | -100.0% |
| Amounts payable | 17/49 | €3,045,084 | €34,885 | -€3.0m | -98.9% |
| Amounts payable after more than one year | 17 | €3,005,614 | - | -€3.0m | |
| Financial debts | 170/4 | €5,614 | - | -€5,614 | |
| Other amounts payable | 178/9 | €3,000,000 | - | -€3.0m | |
| Amounts payable within one year | 42/48 | €39,470 | €34,885 | -€4,585 | -11.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,501 | €1,627 | -€1,874 | -53.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €998,104 | +€998,104 | |
| Other operating charges | 640/8 | €12,318 | €0 | -€12,318 | -100.0% |
| Gross operating margin | 9900 | -€15,879 | -€1,627 | +€14,252 | +89.8% |
| Operating profit (loss) | 9901 | -€28,197 | -€999,731 | -€971,535 | -3445.5% |
| Financial charges | 65/66B | €60 | €236 | +€176 | +292.6% |
| Recurring financial charges | 65 | €60 | €236 | +€176 | +292.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,257 | -€999,967 | -€971,710 | -3438.8% |
| Profit (loss) for the period | 9904 | -€28,257 | -€999,967 | -€971,710 | -3438.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,257 | -€999,967 | -€971,710 | -3438.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.