Reverdo: 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.
Reverdo
Largest movements
- Stocks and contracts +€44,560
up €44,560 (+218.4%), from €20,400 to €64,960
- Cash -€42,688
down €42,688 (-50.5%), from €84,602 to €41,914
mainly Stocks and contracts (-€44,560) and Receivables within one year (-€32,150)
- Receivables within one year +€32,150
up €32,150 (+135.4%), from €23,748 to €55,898
of which Trade receivables: +€32,083
- Tangible fixed assets +€11,745
up €11,745 (+1188.5%), from €988 to €12,733
of which Furniture and vehicles: +€10,000
- Other debts +€27,156
up €27,156 (+1055.7%), from €2,572 to €29,729
- Reserves +€27,099
up €27,099 (+90.7%), from €29,872 to €56,971
- Trade debts -€15,200
down €15,200 (-18.2%), from €83,731 to €68,531
- Tax, wage and social debts +€7,037
up €7,037 (+82.2%), from €8,562 to €15,599
- Gross operating margin -€1,612
down €1,612 (-4.3%), from €37,421 to €35,809
- Other operating charges +€637
new in 2025: €637
- Depreciation +€437
up €437 (+2376.8%), from €18 to €455
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 | €129,738 | €175,830 | +€46,092 | +35.5% |
| Fixed assets | 21/28 | €988 | €12,733 | +€11,745 | +1188.5% |
| Tangible fixed assets | 22/27 | €988 | €12,733 | +€11,745 | +1188.5% |
| Land and buildings | 22 | - | €2,080 | +€2,080 | |
| Plant, machinery and equipment | 23 | €988 | €653 | -€336 | -34.0% |
| Furniture and vehicles | 24 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €128,750 | €163,097 | +€34,347 | +26.7% |
| Stocks and contracts in progress | 3 | €20,400 | €64,960 | +€44,560 | +218.4% |
| Stocks | 30/36 | €20,400 | €64,960 | +€44,560 | +218.4% |
| Amounts receivable within one year | 40/41 | €23,748 | €55,898 | +€32,150 | +135.4% |
| Trade receivables | 40 | €23,582 | €55,665 | +€32,083 | +136.0% |
| Other amounts receivable | 41 | €166 | €233 | +€67 | +40.2% |
| Cash at bank and in hand | 54/58 | €84,602 | €41,914 | -€42,688 | -50.5% |
| Deferred charges and accrued income | 490/1 | - | €325 | +€325 | |
| Total equity and liabilities | 10/49 | €129,738 | €175,830 | +€46,092 | +35.5% |
| Equity | 10/15 | €34,872 | €61,971 | +€27,099 | +77.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,872 | €56,971 | +€27,099 | +90.7% |
| Distributable reserves | 133 | €29,872 | €56,971 | +€27,099 | +90.7% |
| Amounts payable | 17/49 | €94,866 | €113,859 | +€18,993 | +20.0% |
| Amounts payable within one year | 42/48 | €94,866 | €113,859 | +€18,993 | +20.0% |
| Trade debts | 44 | €83,731 | €68,531 | -€15,200 | -18.2% |
| Suppliers | 440/4 | €83,731 | €68,531 | -€15,200 | -18.2% |
| Taxes, remuneration and social security | 45 | €8,562 | €15,599 | +€7,037 | +82.2% |
| Taxes | 450/3 | €8,562 | €15,599 | +€7,037 | +82.2% |
| Other amounts payable | 47/48 | €2,572 | €29,729 | +€27,156 | +1055.7% |
| Non-recurring operating income | 76A | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18 | €455 | +€437 | +2376.8% |
| Other operating charges | 640/8 | - | €637 | +€637 | |
| Gross operating margin | 9900 | €37,421 | €35,809 | -€1,612 | -4.3% |
| Operating profit (loss) | 9901 | €37,402 | €34,716 | -€2,687 | -7.2% |
| Financial income | 75/76B | - | €204 | +€204 | |
| Recurring financial income | 75 | - | €204 | +€204 | |
| Financial charges | 65/66B | €30 | €206 | +€176 | +596.6% |
| Recurring financial charges | 65 | €30 | €206 | +€176 | +596.6% |
| Profit (loss) for the period before taxes | 9903 | €37,373 | €34,714 | -€2,659 | -7.1% |
| Income taxes | 67/77 | €7,501 | €7,615 | +€114 | +1.5% |
| Profit (loss) for the period | 9904 | €29,872 | €27,099 | -€2,773 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,872 | €27,099 | -€2,773 | -9.3% |
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 8 October 2026 via checked.be.