Revcom: 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.
Revcom
Largest movements
- Deferred charges and accrued income +€44,790
up €44,790 (+4,279%), from €1,047 to €45,837
- Receivables within one year -€40,539
down €40,539 (-36.4%), from €111,304 to €70,765
of which Trade receivables: -€38,018
- Tangible fixed assets -€14,265
down €14,265 (-42.0%), from €33,961 to €19,697
- Other debts -€82,749
down €82,749 (-81.1%), from €102,028 to €19,279
- Debts after one year +€71,853
up €71,853 (+437%), from €16,455 to €88,309
- Profit (loss) carried forward +€14,217
up €14,217 (+28.5%), from -€49,853 to -€35,636
- Trade debts -€9,492
down €9,492 (-37.1%), from €25,573 to €16,081
- Tax, wage and social debts -€4,207
down €4,207 (-16.8%), from €25,101 to €20,894
- Gross operating margin +€40,202
up €40,202, from -€5,175 to €35,027
- Financial charges +€2,963
up €2,963 (+96.6%), from €3,068 to €6,031
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 | €147,291 | €138,446 | -€8,845 | -6.0% |
| Fixed assets | 21/28 | €33,961 | €19,697 | -€14,265 | -42.0% |
| Tangible fixed assets | 22/27 | €33,961 | €19,697 | -€14,265 | -42.0% |
| Furniture and vehicles | 24 | €33,961 | €19,697 | -€14,265 | -42.0% |
| Current assets | 29/58 | €113,330 | €118,749 | +€5,419 | +4.8% |
| Amounts receivable within one year | 40/41 | €111,304 | €70,765 | -€40,539 | -36.4% |
| Trade receivables | 40 | €102,403 | €64,385 | -€38,018 | -37.1% |
| Other amounts receivable | 41 | €8,901 | €6,381 | -€2,521 | -28.3% |
| Cash at bank and in hand | 54/58 | €979 | €2,146 | +€1,167 | +119% |
| Deferred charges and accrued income | 490/1 | €1,047 | €45,837 | +€44,790 | +4,279% |
| Total equity and liabilities | 10/49 | €147,291 | €138,446 | -€8,845 | -6.0% |
| Equity | 10/15 | -€35,875 | -€21,658 | +€14,217 | +39.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,978 | €10,978 | = | 0.0% |
| Distributable reserves | 133 | €10,978 | €10,978 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,853 | -€35,636 | +€14,217 | +28.5% |
| Amounts payable | 17/49 | €183,166 | €160,104 | -€23,063 | -12.6% |
| Amounts payable after more than one year | 17 | €16,455 | €88,309 | +€71,853 | +437% |
| Financial debts | 170/4 | €16,455 | €88,309 | +€71,853 | +437% |
| Amounts payable within one year | 42/48 | €165,711 | €70,395 | -€95,315 | -57.5% |
| Current portion of amounts payable after more than one year | 42 | €13,010 | €13,147 | +€137 | +1.1% |
| Trade debts | 44 | €25,573 | €16,081 | -€9,492 | -37.1% |
| Suppliers | 440/4 | €25,573 | €16,081 | -€9,492 | -37.1% |
| Advances received on contracts in progress | 46 | - | €995 | +€995 | |
| Taxes, remuneration and social security | 45 | €25,101 | €20,894 | -€4,207 | -16.8% |
| Taxes | 450/3 | €25,101 | €20,894 | -€4,207 | -16.8% |
| Other amounts payable | 47/48 | €102,028 | €19,279 | -€82,749 | -81.1% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,400 | +€400 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,527 | €14,265 | -€262 | -1.8% |
| Other operating charges | 640/8 | €920 | €882 | -€38 | -4.1% |
| Gross operating margin | 9900 | -€5,175 | €35,027 | +€40,202 | |
| Operating profit (loss) | 9901 | -€20,622 | €19,881 | +€40,502 | |
| Financial income | 75/76B | €565 | €368 | -€197 | -34.9% |
| Recurring financial income | 75 | €565 | €368 | -€197 | -34.9% |
| Financial charges | 65/66B | €3,068 | €6,031 | +€2,963 | +96.6% |
| Recurring financial charges | 65 | €3,068 | €6,031 | +€2,963 | +96.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,125 | €14,217 | +€37,342 | |
| Income taxes | 67/77 | €242 | - | -€242 | |
| Profit (loss) for the period | 9904 | -€23,366 | €14,217 | +€37,583 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,366 | €14,217 | +€37,583 |
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 26 October 2026 via checked.be.