REvanovation Consulting: what changed
REvanovation Consulting
Largest movements
- Tangible fixed assets +€758,138
up €758,138 (+411%), from €184,672 to €942,809
of which Land and buildings: +€760,186
- Receivables after one year -€617,750
down €617,750 (-32.7%), from €1.9m to €1.3m
- Cash -€289,715
down €289,715 (-31.3%), from €926,010 to €636,295
mainly Contributions, distributions and other (-€1.3m) and Investment in fixed assets (net) (-€842,500)
- Reserves -€898,390
down €898,390 (-24.3%), from €3.7m to €2.8m
- Debts after one year +€700,324
up €700,324 (+684%), from €102,353 to €802,676
- Current portion of long-term debt +€83,500
up €83,500 (+163%), from €51,176 to €134,676
- Financial income -€74,475
down €74,475 (-12.9%), from €576,062 to €501,588
- Gross operating margin -€35,153
down €35,153 (-31.1%), from €113,113 to €77,959
- Taxes -€29,520
down €29,520 (-39.9%), from €74,026 to €44,507
- Depreciation +€8,315
up €8,315 (+12.1%), from €68,547 to €76,862
- Financial charges -€4,965
down €4,965 (-37.9%), from €13,090 to €8,125
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,003,608 | €3,866,401 | -€137,207 | -3.4% |
| Fixed assets | 21/28 | €870,034 | €1,635,671 | +€765,638 | +88.0% |
| Tangible fixed assets | 22/27 | €184,672 | €942,809 | +€758,138 | +411% |
| Land and buildings | 22 | €179,580 | €939,767 | +€760,186 | +423% |
| Plant, machinery and equipment | 23 | €4,803 | €2,892 | -€1,911 | -39.8% |
| Furniture and vehicles | 24 | €288 | €151 | -€137 | -47.7% |
| Financial fixed assets | 28 | €685,362 | €692,862 | +€7,500 | +1.1% |
| Current assets | 29/58 | €3,133,575 | €2,230,730 | -€902,845 | -28.8% |
| Amounts receivable after more than one year | 29 | €1,887,385 | €1,269,635 | -€617,750 | -32.7% |
| Other amounts receivable | 291 | €1,887,385 | €1,269,635 | -€617,750 | -32.7% |
| Amounts receivable within one year | 40/41 | €67,469 | €69,118 | +€1,648 | +2.4% |
| Trade receivables | 40 | €9,719 | €11,055 | +€1,335 | +13.7% |
| Other amounts receivable | 41 | €57,750 | €58,063 | +€313 | +0.5% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €926,010 | €636,295 | -€289,715 | -31.3% |
| Deferred charges and accrued income | 490/1 | €2,710 | €5,682 | +€2,972 | +110% |
| Total equity and liabilities | 10/49 | €4,003,608 | €3,866,401 | -€137,207 | -3.4% |
| Equity | 10/15 | €3,704,580 | €2,806,190 | -€898,390 | -24.3% |
| Reserves | 13 | €3,704,580 | €2,806,190 | -€898,390 | -24.3% |
| Distributable reserves | 133 | €3,704,580 | €2,806,190 | -€898,390 | -24.3% |
| Amounts payable | 17/49 | €299,028 | €1,060,211 | +€761,183 | +255% |
| Amounts payable after more than one year | 17 | €102,353 | €802,676 | +€700,324 | +684% |
| Financial debts | 170/4 | €102,353 | €802,676 | +€700,324 | +684% |
| Amounts payable within one year | 42/48 | €196,675 | €255,963 | +€59,288 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €51,176 | €134,676 | +€83,500 | +163% |
| Trade debts | 44 | €653 | €3,063 | +€2,409 | +369% |
| Suppliers | 440/4 | €653 | €3,063 | +€2,409 | +369% |
| Taxes, remuneration and social security | 45 | €143,808 | €117,868 | -€25,940 | -18.0% |
| Taxes | 450/3 | €143,808 | €117,868 | -€25,940 | -18.0% |
| Other amounts payable | 47/48 | €1,038 | €356 | -€681 | -65.7% |
| Accrued charges and deferred income | 492/3 | - | €1,571 | +€1,571 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,547 | €76,862 | +€8,315 | +12.1% |
| Other operating charges | 640/8 | €10,275 | €10,849 | +€574 | +5.6% |
| Gross operating margin | 9900 | €113,113 | €77,959 | -€35,153 | -31.1% |
| Operating profit (loss) | 9901 | €34,291 | -€9,752 | -€44,043 | |
| Financial income | 75/76B | €576,062 | €501,588 | -€74,475 | -12.9% |
| Recurring financial income | 75 | €576,062 | €501,588 | -€74,475 | -12.9% |
| Financial charges | 65/66B | €13,090 | €8,125 | -€4,965 | -37.9% |
| Recurring financial charges | 65 | €13,090 | €8,125 | -€4,965 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €597,263 | €483,710 | -€113,553 | -19.0% |
| Income taxes | 67/77 | €74,026 | €44,507 | -€29,520 | -39.9% |
| Profit (loss) for the period | 9904 | €523,237 | €439,204 | -€84,033 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €523,237 | €439,204 | -€84,033 | -16.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.