REVDOR: what changed
Two fiscal 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.
REVDOR
Largest movements
- Tangible fixed assets -€10,831
down €10,831 (-7.4%), from €147,040 to €136,210
- Receivables within one year +€6,059
up €6,059 (+93.8%), from €6,458 to €12,517
of which Trade receivables: +€6,117
- Cash -€5,504
down €5,504 (-65.3%), from €8,423 to €2,919
mainly Net result for the year (-€49,396) and Receivables within one year (-€6,059)
- Stocks and contracts +€1,933
up €1,933 (+8.0%), from €24,248 to €26,181
- Profit (loss) carried forward -€49,396
down €49,396 (-57.0%), from -€86,658 to -€136,054
- Other debts +€38,555
up €38,555 (+29.8%), from €129,582 to €168,137
- Gross operating margin -€14,540
down €14,540 (-23.3%), from €62,333 to €47,793
- Staff costs +€5,325
up €5,325 (+7.2%), from €74,055 to €79,380
- Other operating charges -€2,008
down €2,008 (-22.0%), from €9,136 to €7,128
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 | €186,170 | €177,827 | -€8,343 | -4.5% |
| Fixed assets | 21/28 | €147,040 | €136,210 | -€10,831 | -7.4% |
| Tangible fixed assets | 22/27 | €147,040 | €136,210 | -€10,831 | -7.4% |
| Land and buildings | 22 | €147,040 | €136,210 | -€10,831 | -7.4% |
| Current assets | 29/58 | €39,129 | €41,617 | +€2,488 | +6.4% |
| Stocks and contracts in progress | 3 | €24,248 | €26,181 | +€1,933 | +8.0% |
| Stocks | 30/36 | €24,248 | €26,181 | +€1,933 | +8.0% |
| Amounts receivable within one year | 40/41 | €6,458 | €12,517 | +€6,059 | +93.8% |
| Trade receivables | 40 | €6,401 | €12,517 | +€6,117 | +95.6% |
| Other amounts receivable | 41 | €58 | - | -€58 | |
| Cash at bank and in hand | 54/58 | €8,423 | €2,919 | -€5,504 | -65.3% |
| Total equity and liabilities | 10/49 | €186,170 | €177,827 | -€8,343 | -4.5% |
| Equity | 10/15 | €27,228 | -€22,168 | -€49,396 | |
| Contributions | 10/11 | €112,400 | €112,400 | = | 0.0% |
| Capital | 10 | €112,400 | €112,400 | = | 0.0% |
| Issued capital | 100 | €112,400 | €112,400 | = | 0.0% |
| Reserves | 13 | €1,485 | €1,485 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,485 | €1,485 | = | 0.0% |
| Legal reserve | 130 | €1,485 | €1,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,658 | -€136,054 | -€49,396 | -57.0% |
| Amounts payable | 17/49 | €158,942 | €199,996 | +€41,053 | +25.8% |
| Amounts payable after more than one year | 17 | €4,470 | €4,760 | +€290 | +6.5% |
| Other amounts payable | 178/9 | €4,470 | €4,760 | +€290 | +6.5% |
| Amounts payable within one year | 42/48 | €154,472 | €195,236 | +€40,763 | +26.4% |
| Trade debts | 44 | €1,136 | €2,967 | +€1,831 | +161.2% |
| Suppliers | 440/4 | €1,136 | €2,967 | +€1,831 | +161.2% |
| Taxes, remuneration and social security | 45 | €23,754 | €24,131 | +€377 | +1.6% |
| Taxes | 450/3 | €3,763 | €6,205 | +€2,441 | +64.9% |
| Remuneration and social security | 454/9 | €19,991 | €17,927 | -€2,064 | -10.3% |
| Other amounts payable | 47/48 | €129,582 | €168,137 | +€38,555 | +29.8% |
| Remuneration, social security and pensions | 62 | €74,055 | €79,380 | +€5,325 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,831 | €10,831 | = | 0.0% |
| Other operating charges | 640/8 | €9,136 | €7,128 | -€2,008 | -22.0% |
| Gross operating margin | 9900 | €62,333 | €47,793 | -€14,540 | -23.3% |
| Operating profit (loss) | 9901 | -€31,689 | -€49,546 | -€17,857 | -56.3% |
| Financial income | 75/76B | €693 | €403 | -€290 | -41.9% |
| Recurring financial income | 75 | €693 | €403 | -€290 | -41.9% |
| Financial charges | 65/66B | €348 | €253 | -€95 | -27.4% |
| Recurring financial charges | 65 | €348 | €253 | -€95 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€31,345 | -€49,396 | -€18,051 | -57.6% |
| Income taxes | 67/77 | -€132 | - | +€132 | |
| Profit (loss) for the period | 9904 | -€31,213 | -€49,396 | -€18,183 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,213 | -€49,396 | -€18,183 | -58.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.