REVAKO: 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.
REVAKO
Largest movements
- Receivables within one year +€26,944
up €26,944 (+40.7%), from €66,271 to €93,215
of which Trade receivables: +€25,952
- Cash +€18,485
up €18,485 (+95.8%), from €19,297 to €37,782
mainly Net result for the year (+€37,134) and Depreciation (+€16,377)
- Tangible fixed assets -€16,377
down €16,377 (-4.9%), from €336,037 to €319,660
of which Land and buildings: -€15,620
- Profit (loss) carried forward +€37,134
up €37,134 (+66.1%), from €56,185 to €93,319
- Debts after one year -€11,380
down €11,380 (-3.9%), from €292,840 to €281,460
- Tax, wage and social debts +€6,085
up €6,085 (+1058.3%), from €575 to €6,660
- Gross operating margin +€28,489
up €28,489 (+58.2%), from €48,923 to €77,412
- Taxes +€6,077
up €6,077 (+2074.1%), from €293 to €6,370
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 | €423,664 | €453,346 | +€29,682 | +7.0% |
| Fixed assets | 21/28 | €336,037 | €319,660 | -€16,377 | -4.9% |
| Tangible fixed assets | 22/27 | €336,037 | €319,660 | -€16,377 | -4.9% |
| Land and buildings | 22 | €333,067 | €317,447 | -€15,620 | -4.7% |
| Plant, machinery and equipment | 23 | €22 | - | -€22 | |
| Furniture and vehicles | 24 | €2,948 | €2,213 | -€735 | -24.9% |
| Current assets | 29/58 | €87,627 | €133,686 | +€46,059 | +52.6% |
| Amounts receivable within one year | 40/41 | €66,271 | €93,215 | +€26,944 | +40.7% |
| Trade receivables | 40 | €63,275 | €89,227 | +€25,952 | +41.0% |
| Other amounts receivable | 41 | €2,996 | €3,988 | +€992 | +33.1% |
| Cash at bank and in hand | 54/58 | €19,297 | €37,782 | +€18,485 | +95.8% |
| Deferred charges and accrued income | 490/1 | €2,059 | €2,689 | +€630 | +30.6% |
| Total equity and liabilities | 10/49 | €423,664 | €453,346 | +€29,682 | +7.0% |
| Equity | 10/15 | €64,245 | €101,379 | +€37,134 | +57.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,185 | €93,319 | +€37,134 | +66.1% |
| Amounts payable | 17/49 | €359,419 | €351,967 | -€7,452 | -2.1% |
| Amounts payable after more than one year | 17 | €292,840 | €281,460 | -€11,380 | -3.9% |
| Financial debts | 170/4 | €292,840 | €281,460 | -€11,380 | -3.9% |
| Amounts payable within one year | 42/48 | €18,019 | €21,025 | +€3,006 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €10,885 | €11,381 | +€496 | +4.6% |
| Trade debts | 44 | €6,559 | €2,984 | -€3,575 | -54.5% |
| Suppliers | 440/4 | €6,559 | €2,984 | -€3,575 | -54.5% |
| Taxes, remuneration and social security | 45 | €575 | €6,660 | +€6,085 | +1058.3% |
| Taxes | 450/3 | €575 | €6,660 | +€6,085 | +1058.3% |
| Accrued charges and deferred income | 492/3 | €48,560 | €49,482 | +€922 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,361 | €16,377 | +€16 | +0.1% |
| Other operating charges | 640/8 | €2,948 | €2,918 | -€30 | -1.0% |
| Gross operating margin | 9900 | €48,923 | €77,412 | +€28,489 | +58.2% |
| Operating profit (loss) | 9901 | €29,614 | €58,117 | +€28,503 | +96.2% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €15,250 | €14,637 | -€613 | -4.0% |
| Recurring financial charges | 65 | €15,250 | €14,637 | -€613 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €14,364 | €43,504 | +€29,140 | +202.9% |
| Income taxes | 67/77 | €293 | €6,370 | +€6,077 | +2074.1% |
| Profit (loss) for the period | 9904 | €14,071 | €37,134 | +€23,063 | +163.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,071 | €37,134 | +€23,063 | +163.9% |
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 10 October 2026 via checked.be.