Rêvenu: 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.
Rêvenu
Largest movements
- Cash -€121,939
down €121,939 (-60.6%), from €201,375 to €79,436
mainly Investment in fixed assets (net) (-€77,870) and Receivables within one year (-€51,288)
- Receivables within one year +€51,288
up €51,288 (+34.5%), from €148,545 to €199,833
of which Trade receivables: +€32,789
- Trade debts -€45,799
down €45,799 (-43.0%), from €106,481 to €60,682
- Debts after one year -€44,340
down €44,340 (-5.5%), from €805,369 to €761,028
of which Financial debts: -€47,340
- Tax, wage and social debts +€30,616
up €30,616 (+54.3%), from €56,402 to €87,018
of which Remuneration and social security: +€18,024
- Gross operating margin +€159,028
up €159,028 (+41.6%), from €382,458 to €541,486
- Staff costs +€143,330
up €143,330 (+62.1%), from €230,801 to €374,131
- Depreciation +€11,332
up €11,332 (+16.5%), from €68,613 to €79,945
- Write-downs -€5,987
down €5,987 (-42.6%), from €14,069 to €8,083
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 | €1,326,304 | €1,253,794 | -€72,510 | -5.5% |
| Fixed assets | 21/28 | €973,189 | €971,113 | -€2,076 | -0.2% |
| Intangible fixed assets | 21 | €12,769 | - | -€12,769 | |
| Tangible fixed assets | 22/27 | €960,419 | €971,113 | +€10,694 | +1.1% |
| Land and buildings | 22 | €859,165 | €835,461 | -€23,704 | -2.8% |
| Plant, machinery and equipment | 23 | €16,932 | €36,990 | +€20,059 | +118% |
| Furniture and vehicles | 24 | €84,323 | €76,369 | -€7,953 | -9.4% |
| Other tangible fixed assets | 26 | - | €22,292 | +€22,292 | |
| Current assets | 29/58 | €353,115 | €282,681 | -€70,435 | -19.9% |
| Amounts receivable within one year | 40/41 | €148,545 | €199,833 | +€51,288 | +34.5% |
| Trade receivables | 40 | €136,005 | €168,795 | +€32,789 | +24.1% |
| Other amounts receivable | 41 | €12,540 | €31,038 | +€18,498 | +148% |
| Cash at bank and in hand | 54/58 | €201,375 | €79,436 | -€121,939 | -60.6% |
| Deferred charges and accrued income | 490/1 | €3,196 | €3,412 | +€216 | +6.8% |
| Total equity and liabilities | 10/49 | €1,326,304 | €1,253,794 | -€72,510 | -5.5% |
| Equity | 10/15 | €239,887 | €251,173 | +€11,286 | +4.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €26,453 | €26,453 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Other | 1319 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €26,353 | €26,353 | = | 0.0% |
| Profit (loss) carried forward | 14 | €212,434 | €223,720 | +€11,286 | +5.3% |
| Amounts payable | 17/49 | €1,086,418 | €1,002,621 | -€83,797 | -7.7% |
| Amounts payable after more than one year | 17 | €805,369 | €761,028 | -€44,340 | -5.5% |
| Financial debts | 170/4 | €805,369 | €758,028 | -€47,340 | -5.9% |
| Other amounts payable | 178/9 | - | €3,000 | +€3,000 | |
| Amounts payable within one year | 42/48 | €281,049 | €241,593 | -€39,456 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €58,393 | €47,340 | -€11,053 | -18.9% |
| Trade debts | 44 | €106,481 | €60,682 | -€45,799 | -43.0% |
| Suppliers | 440/4 | €106,481 | €60,682 | -€45,799 | -43.0% |
| Taxes, remuneration and social security | 45 | €56,402 | €87,018 | +€30,616 | +54.3% |
| Taxes | 450/3 | €14,292 | €26,884 | +€12,593 | +88.1% |
| Remuneration and social security | 454/9 | €42,110 | €60,134 | +€18,024 | +42.8% |
| Other amounts payable | 47/48 | €59,773 | €46,552 | -€13,220 | -22.1% |
| Remuneration, social security and pensions | 62 | €230,801 | €374,131 | +€143,330 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,613 | €79,945 | +€11,332 | +16.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,069 | €8,083 | -€5,987 | -42.6% |
| Other operating charges | 640/8 | €5,237 | €3,633 | -€1,604 | -30.6% |
| Gross operating margin | 9900 | €382,458 | €541,486 | +€159,028 | +41.6% |
| Operating profit (loss) | 9901 | €63,738 | €75,694 | +€11,955 | +18.8% |
| Financial income | 75/76B | €2,775 | €4,978 | +€2,203 | +79.4% |
| Recurring financial income | 75 | €2,775 | €4,978 | +€2,203 | +79.4% |
| Financial charges | 65/66B | €15,466 | €15,745 | +€278 | +1.8% |
| Recurring financial charges | 65 | €15,466 | €15,745 | +€278 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €51,047 | €64,927 | +€13,880 | +27.2% |
| Income taxes | 67/77 | €3,743 | €7,176 | +€3,434 | +91.7% |
| Profit (loss) for the period | 9904 | €47,304 | €57,751 | +€10,446 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,304 | €57,751 | +€10,446 | +22.1% |
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 30 October 2026 via checked.be.