REVE VERT: 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.
REVE VERT
Largest movements
- Receivables within one year -€58,483
down €58,483 (-29.8%), from €196,482 to €137,999
of which Trade receivables: -€29,292
- Tangible fixed assets +€57,328
up €57,328 (+352%), from €16,290 to €73,618
of which Furniture and vehicles: +€56,770
- Cash -€53,158
down €53,158 (-78.2%), from €67,974 to €14,815
mainly Net result for the year (-€87,754) and Investment in fixed assets (net) (-€76,944)
- Profit (loss) carried forward -€87,754
down €87,754, from €18,300 to -€69,454
- Debts after one year +€45,858
up €45,858 (+772%), from €5,937 to €51,795
- Other debts -€33,776
no longer reported in 2024 (was €33,776)
- Trade debts +€16,110
up €16,110 (+27.8%), from €57,933 to €74,043
- Short-term financial debts -€13,781
no longer reported in 2024 (was €13,781)
- Gross operating margin -€147,648
down €147,648, from €125,517 to -€22,131
- Taxes -€15,250
no longer reported in 2024 (was €15,250)
- Depreciation +€10,692
up €10,692 (+116%), from €9,247 to €19,938
- Other operating charges -€6,734
down €6,734 (-85.5%), from €7,873 to €1,139
- Write-downs -€3,042
down €3,042, from €2,794 to -€248
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €291,631 | €236,800 | -€54,831 | -18.8% |
| Fixed assets | 21/28 | €16,908 | €73,914 | +€57,006 | +337% |
| Intangible fixed assets | 21 | €618 | €296 | -€322 | -52.1% |
| Tangible fixed assets | 22/27 | €16,290 | €73,618 | +€57,328 | +352% |
| Plant, machinery and equipment | 23 | €3,351 | €3,910 | +€558 | +16.7% |
| Furniture and vehicles | 24 | €12,938 | €69,708 | +€56,770 | +439% |
| Current assets | 29/58 | €274,723 | €162,886 | -€111,837 | -40.7% |
| Amounts receivable within one year | 40/41 | €196,482 | €137,999 | -€58,483 | -29.8% |
| Trade receivables | 40 | €121,948 | €92,655 | -€29,292 | -24.0% |
| Other amounts receivable | 41 | €74,535 | €45,344 | -€29,191 | -39.2% |
| Cash at bank and in hand | 54/58 | €67,974 | €14,815 | -€53,158 | -78.2% |
| Deferred charges and accrued income | 490/1 | €10,267 | €10,072 | -€196 | -1.9% |
| Total equity and liabilities | 10/49 | €291,631 | €236,800 | -€54,831 | -18.8% |
| Equity | 10/15 | €155,323 | €67,568 | -€87,754 | -56.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €128,963 | €128,963 | = | 0.0% |
| Distributable reserves | 133 | €128,963 | €128,963 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,300 | -€69,454 | -€87,754 | |
| Amounts payable | 17/49 | €136,309 | €169,232 | +€32,923 | +24.2% |
| Amounts payable after more than one year | 17 | €5,937 | €51,795 | +€45,858 | +772% |
| Financial debts | 170/4 | €5,937 | €51,795 | +€45,858 | +772% |
| Amounts payable within one year | 42/48 | €130,364 | €117,437 | -€12,927 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €11,282 | €19,233 | +€7,951 | +70.5% |
| Financial debts | 43 | €13,781 | - | -€13,781 | |
| Credit institutions | 430/8 | €13,781 | - | -€13,781 | |
| Trade debts | 44 | €57,933 | €74,043 | +€16,110 | +27.8% |
| Suppliers | 440/4 | €57,933 | €74,043 | +€16,110 | +27.8% |
| Advances received on contracts in progress | 46 | - | €5,836 | +€5,836 | |
| Taxes, remuneration and social security | 45 | €13,593 | €18,325 | +€4,733 | +34.8% |
| Taxes | 450/3 | €4,704 | €8,526 | +€3,822 | +81.2% |
| Remuneration and social security | 454/9 | €8,888 | €9,799 | +€911 | +10.2% |
| Other amounts payable | 47/48 | €33,776 | - | -€33,776 | |
| Accrued charges and deferred income | 492/3 | €8 | - | -€8 | |
| Non-recurring operating income | 76A | €7,842 | - | -€7,842 | |
| Remuneration, social security and pensions | 62 | €39,355 | €41,896 | +€2,542 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,247 | €19,938 | +€10,692 | +116% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,794 | -€248 | -€3,042 | |
| Other operating charges | 640/8 | €7,873 | €1,139 | -€6,734 | -85.5% |
| Non-recurring operating charges | 66A | €418 | €1,544 | +€1,126 | +269% |
| Gross operating margin | 9900 | €125,517 | -€22,131 | -€147,648 | |
| Operating profit (loss) | 9901 | €65,831 | -€86,400 | -€152,231 | |
| Financial income | 75/76B | €2,741 | €2,158 | -€582 | -21.3% |
| Recurring financial income | 75 | €2,741 | €2,158 | -€582 | -21.3% |
| Financial charges | 65/66B | €2,574 | €3,513 | +€939 | +36.5% |
| Recurring financial charges | 65 | €2,574 | €3,513 | +€939 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €65,998 | -€87,754 | -€153,753 | |
| Income taxes | 67/77 | €15,250 | - | -€15,250 | |
| Profit (loss) for the period | 9904 | €50,748 | -€87,754 | -€138,503 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,748 | -€87,754 | -€138,503 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.