REVAGRO: 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.
REVAGRO
Largest movements
- Tangible fixed assets +€129,511
up €129,511 (+104%), from €124,394 to €253,905
of which Furniture and vehicles: +€160,631
- Receivables within one year +€92,216
up €92,216 (+12.3%), from €750,151 to €842,367
of which Other amounts receivable: +€104,519
- Cash +€43,260
up €43,260 (+417%), from €10,382 to €53,641
mainly Debts after one year (+€96,753) and Net result for the year (+€82,782)
- Debts after one year +€96,753
up €96,753 (+170%), from €57,044 to €153,797
- Current portion of long-term debt +€48,800
up €48,800 (+94.1%), from €51,865 to €100,665
- Reserves +€46,252
up €46,252 (+12.3%), from €376,357 to €422,609
of which Distributable reserves: +€46,252
- Trade debts +€36,594
up €36,594 (+26.5%), from €138,077 to €174,672
- Other debts +€35,819
up €35,819 (+56.4%), from €63,547 to €99,366
- Gross operating margin +€96,453
up €96,453 (+12.1%), from €797,918 to €894,370
- Staff costs +€43,499
up €43,499 (+6.6%), from €663,085 to €706,584
- Depreciation +€21,765
up €21,765 (+50.1%), from €43,474 to €65,239
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 | €904,728 | €1,170,191 | +€265,463 | +29.3% |
| Fixed assets | 21/28 | €124,714 | €254,225 | +€129,511 | +104% |
| Tangible fixed assets | 22/27 | €124,394 | €253,905 | +€129,511 | +104% |
| Plant, machinery and equipment | 23 | €38,470 | €33,270 | -€5,200 | -13.5% |
| Furniture and vehicles | 24 | €25,776 | €186,407 | +€160,631 | +623% |
| Leasing and similar rights | 25 | €60,149 | €34,229 | -€25,920 | -43.1% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €780,014 | €915,966 | +€135,952 | +17.4% |
| Amounts receivable within one year | 40/41 | €750,151 | €842,367 | +€92,216 | +12.3% |
| Trade receivables | 40 | €568,604 | €556,301 | -€12,303 | -2.2% |
| Other amounts receivable | 41 | €181,547 | €286,066 | +€104,519 | +57.6% |
| Cash at bank and in hand | 54/58 | €10,382 | €53,641 | +€43,260 | +417% |
| Deferred charges and accrued income | 490/1 | €19,481 | €19,957 | +€476 | +2.4% |
| Total equity and liabilities | 10/49 | €904,728 | €1,170,191 | +€265,463 | +29.3% |
| Equity | 10/15 | €430,071 | €476,323 | +€46,252 | +10.8% |
| Contributions | 10/11 | €53,714 | €53,714 | = | 0.0% |
| Reserves | 13 | €376,357 | €422,609 | +€46,252 | +12.3% |
| Tax-exempt reserves | 132 | €118,791 | €118,791 | = | 0.0% |
| Distributable reserves | 133 | €257,566 | €303,817 | +€46,252 | +18.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €474,657 | €693,868 | +€219,211 | +46.2% |
| Amounts payable after more than one year | 17 | €57,044 | €153,797 | +€96,753 | +170% |
| Financial debts | 170/4 | €57,044 | €153,797 | +€96,753 | +170% |
| Amounts payable within one year | 42/48 | €417,613 | €537,848 | +€120,235 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €51,865 | €100,665 | +€48,800 | +94.1% |
| Trade debts | 44 | €138,077 | €174,672 | +€36,594 | +26.5% |
| Suppliers | 440/4 | €138,077 | €174,672 | +€36,594 | +26.5% |
| Taxes, remuneration and social security | 45 | €164,124 | €163,146 | -€978 | -0.6% |
| Taxes | 450/3 | €98,535 | €92,550 | -€5,984 | -6.1% |
| Remuneration and social security | 454/9 | €65,589 | €70,596 | +€5,006 | +7.6% |
| Other amounts payable | 47/48 | €63,547 | €99,366 | +€35,819 | +56.4% |
| Accrued charges and deferred income | 492/3 | - | €2,223 | +€2,223 | |
| Non-recurring operating income | 76A | €9,000 | €0 | -€9,000 | -100% |
| Remuneration, social security and pensions | 62 | €663,085 | €706,584 | +€43,499 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,474 | €65,239 | +€21,765 | +50.1% |
| Other operating charges | 640/8 | €254 | €1,294 | +€1,040 | +410% |
| Gross operating margin | 9900 | €797,918 | €894,370 | +€96,453 | +12.1% |
| Operating profit (loss) | 9901 | €91,105 | €121,253 | +€30,148 | +33.1% |
| Financial income | 75/76B | €67 | €0 | -€67 | -100% |
| Recurring financial income | 75 | €67 | €0 | -€67 | -100% |
| Financial charges | 65/66B | €3,961 | €10,610 | +€6,649 | +168% |
| Recurring financial charges | 65 | €3,961 | €10,610 | +€6,649 | +168% |
| Profit (loss) for the period before taxes | 9903 | €87,211 | €110,643 | +€23,432 | +26.9% |
| Income taxes | 67/77 | €24,463 | €27,861 | +€3,398 | +13.9% |
| Profit (loss) for the period | 9904 | €62,748 | €82,782 | +€20,034 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,748 | €82,782 | +€20,034 | +31.9% |
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 14 October 2026 via checked.be.