REVATHLON: 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.
REVATHLON
Largest movements
- Cash +€30,505
up €30,505 (+43.6%), from €69,906 to €100,411
mainly Net result for the year (+€28,266) and Receivables within one year (+€12,380)
- Receivables within one year -€12,380
down €12,380 (-14.7%), from €84,009 to €71,629
of which Trade receivables: -€13,659
- Deferred charges and accrued income +€2,359
up €2,359 (+164%), from €1,436 to €3,795
- Reserves +€28,266
up €28,266 (+31.5%), from €89,635 to €117,901
- Other debts -€7,184
down €7,184 (-28.3%), from €25,406 to €18,222
- Gross operating margin +€18,546
up €18,546 (+68.8%), from €26,944 to €45,490
- Taxes +€7,081
up €7,081 (+100%), from €7,062 to €14,142
- Other operating charges -€468
down €468 (-32.6%), from €1,433 to €965
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 | €173,220 | €194,047 | +€20,827 | +12.0% |
| Fixed assets | 21/28 | €17,870 | €17,157 | -€713 | -4.0% |
| Tangible fixed assets | 22/27 | €5,370 | €4,657 | -€713 | -13.3% |
| Plant, machinery and equipment | 23 | €463 | €1,107 | +€644 | +139% |
| Furniture and vehicles | 24 | €4,907 | €3,549 | -€1,357 | -27.7% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €155,351 | €176,890 | +€21,540 | +13.9% |
| Amounts receivable after more than one year | 29 | - | €1,055 | +€1,055 | |
| Other amounts receivable | 291 | - | €1,055 | +€1,055 | |
| Amounts receivable within one year | 40/41 | €84,009 | €71,629 | -€12,380 | -14.7% |
| Trade receivables | 40 | €61,485 | €47,826 | -€13,659 | -22.2% |
| Other amounts receivable | 41 | €22,524 | €23,804 | +€1,279 | +5.7% |
| Cash at bank and in hand | 54/58 | €69,906 | €100,411 | +€30,505 | +43.6% |
| Deferred charges and accrued income | 490/1 | €1,436 | €3,795 | +€2,359 | +164% |
| Total equity and liabilities | 10/49 | €173,220 | €194,047 | +€20,827 | +12.0% |
| Equity | 10/15 | €129,669 | €157,935 | +€28,266 | +21.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €89,635 | €117,901 | +€28,266 | +31.5% |
| Distributable reserves | 133 | €89,635 | €117,901 | +€28,266 | +31.5% |
| Profit (loss) carried forward | 14 | €25,034 | €25,034 | = | 0.0% |
| Amounts payable | 17/49 | €43,552 | €36,112 | -€7,439 | -17.1% |
| Amounts payable within one year | 42/48 | €43,552 | €36,112 | -€7,439 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €8,235 | €8,562 | +€327 | +4.0% |
| Suppliers | 440/4 | €8,235 | €8,562 | +€327 | +4.0% |
| Taxes, remuneration and social security | 45 | €9,910 | €9,328 | -€582 | -5.9% |
| Taxes | 450/3 | €9,910 | €9,328 | -€582 | -5.9% |
| Other amounts payable | 47/48 | €25,406 | €18,222 | -€7,184 | -28.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,919 | €1,772 | -€147 | -7.6% |
| Other operating charges | 640/8 | €1,433 | €965 | -€468 | -32.6% |
| Gross operating margin | 9900 | €26,944 | €45,490 | +€18,546 | +68.8% |
| Operating profit (loss) | 9901 | €23,592 | €42,752 | +€19,160 | +81.2% |
| Financial income | 75/76B | €275 | €27 | -€248 | -90.2% |
| Recurring financial income | 75 | €275 | €27 | -€248 | -90.2% |
| Financial charges | 65/66B | €267 | €371 | +€103 | +38.6% |
| Recurring financial charges | 65 | €267 | €371 | +€103 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | €23,599 | €42,409 | +€18,809 | +79.7% |
| Income taxes | 67/77 | €7,062 | €14,142 | +€7,081 | +100% |
| Profit (loss) for the period | 9904 | €16,538 | €28,266 | +€11,728 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,538 | €28,266 | +€11,728 | +70.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.