REVEBO: 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.
REVEBO
Largest movements
- Tangible fixed assets -€84,723
down €84,723 (-16.0%), from €529,617 to €444,894
of which Land and buildings: -€43,367
- Cash -€33,189
down €33,189 (-69.3%), from €47,890 to €14,700
mainly Net result for the year (-€138,286) and Investment in fixed assets (net) (-€104,896)
- Receivables within one year +€21,888
up €21,888 (+23.8%), from €92,135 to €114,023
of which Trade receivables: +€55,349
- Other debts +€138,224
up €138,224 (+390%), from €35,436 to €173,660
- Profit (loss) carried forward -€107,286
new in 2025: -€107,286
- Advances received -€40,000
down €40,000 (-100%), from €40,000 to €0
- Debts after one year -€37,244
down €37,244 (-33.3%), from €111,905 to €74,661
- Reserves -€31,000
down €31,000 (-7.6%), from €409,317 to €378,317
of which Distributable reserves: -€31,000
- Gross operating margin -€267,219
down €267,219 (-79.9%), from €334,280 to €67,061
- Financial charges -€38,225
down €38,225 (-82.9%), from €46,123 to €7,898
- Depreciation -€28,147
down €28,147 (-12.9%), from €217,765 to €189,618
- Taxes -€17,735
down €17,735 (-99.9%), from €17,759 to €24
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 | €684,497 | €591,475 | -€93,022 | -13.6% |
| Fixed assets | 21/28 | €531,337 | €446,614 | -€84,723 | -15.9% |
| Tangible fixed assets | 22/27 | €529,617 | €444,894 | -€84,723 | -16.0% |
| Land and buildings | 22 | €192,803 | €149,436 | -€43,367 | -22.5% |
| Plant, machinery and equipment | 23 | €137,238 | €119,801 | -€17,437 | -12.7% |
| Furniture and vehicles | 24 | €173,967 | €157,439 | -€16,529 | -9.5% |
| Other tangible fixed assets | 26 | €25,608 | €18,218 | -€7,390 | -28.9% |
| Financial fixed assets | 28 | €1,720 | €1,720 | = | 0.0% |
| Current assets | 29/58 | €153,160 | €144,862 | -€8,299 | -5.4% |
| Amounts receivable within one year | 40/41 | €92,135 | €114,023 | +€21,888 | +23.8% |
| Trade receivables | 40 | €20,767 | €76,116 | +€55,349 | +267% |
| Other amounts receivable | 41 | €71,368 | €37,907 | -€33,461 | -46.9% |
| Current investments | 50/53 | €10,300 | €10,300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €47,890 | €14,700 | -€33,189 | -69.3% |
| Deferred charges and accrued income | 490/1 | €2,836 | €5,838 | +€3,003 | +106% |
| Total equity and liabilities | 10/49 | €684,497 | €591,475 | -€93,022 | -13.6% |
| Equity | 10/15 | €427,917 | €289,630 | -€138,286 | -32.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €409,317 | €378,317 | -€31,000 | -7.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,182 | €19,182 | = | 0.0% |
| Distributable reserves | 133 | €388,275 | €357,275 | -€31,000 | -8.0% |
| Profit (loss) carried forward | 14 | - | -€107,286 | -€107,286 | |
| Amounts payable | 17/49 | €256,580 | €301,845 | +€45,265 | +17.6% |
| Amounts payable after more than one year | 17 | €111,905 | €74,661 | -€37,244 | -33.3% |
| Financial debts | 170/4 | €111,905 | €74,661 | -€37,244 | -33.3% |
| Amounts payable within one year | 42/48 | €140,179 | €222,687 | +€82,508 | +58.9% |
| Current portion of amounts payable after more than one year | 42 | €53,539 | €37,244 | -€16,295 | -30.4% |
| Trade debts | 44 | €2,461 | €10,430 | +€7,969 | +324% |
| Suppliers | 440/4 | €2,461 | €10,430 | +€7,969 | +324% |
| Advances received on contracts in progress | 46 | €40,000 | €0 | -€40,000 | -100% |
| Taxes, remuneration and social security | 45 | €8,742 | €1,353 | -€7,389 | -84.5% |
| Taxes | 450/3 | €8,742 | €1,353 | -€7,389 | -84.5% |
| Other amounts payable | 47/48 | €35,436 | €173,660 | +€138,224 | +390% |
| Accrued charges and deferred income | 492/3 | €4,497 | €4,497 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217,765 | €189,618 | -€28,147 | -12.9% |
| Other operating charges | 640/8 | €9,377 | €7,281 | -€2,096 | -22.4% |
| Non-recurring operating charges | 66A | €10,331 | €526 | -€9,805 | -94.9% |
| Gross operating margin | 9900 | €334,280 | €67,061 | -€267,219 | -79.9% |
| Operating profit (loss) | 9901 | €96,808 | -€130,364 | -€227,172 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -98.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -98.8% |
| Financial charges | 65/66B | €46,123 | €7,898 | -€38,225 | -82.9% |
| Recurring financial charges | 65 | €46,123 | €7,898 | -€38,225 | -82.9% |
| Profit (loss) for the period before taxes | 9903 | €50,687 | -€138,262 | -€188,948 | |
| Income taxes | 67/77 | €17,759 | €24 | -€17,735 | -99.9% |
| Profit (loss) for the period | 9904 | €32,928 | -€138,286 | -€171,214 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €32,928 | -€138,286 | -€171,214 |
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 28 October 2026 via checked.be.