RevFlex: 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.
RevFlex
Largest movements
- Cash -€43,209
down €43,209 (-23.9%), from €180,895 to €137,686
mainly Contributions, distributions and other (-€200,000) and Net result for the year (-€5,191)
- Tangible fixed assets -€16,589
down €16,589 (-27.1%), from €61,147 to €44,558
- Receivables within one year -€11,952
down €11,952 (-31.4%), from €38,018 to €26,066
of which Other amounts receivable: -€10,952
- Profit (loss) carried forward -€205,191
down €205,191 (-98.3%), from €208,778 to €3,587
- Other debts +€133,948
up €133,948 (+202.3%), from €66,228 to €200,177
- Gross operating margin -€86,330
down €86,330 (-88.2%), from €97,866 to €11,536
- Taxes -€20,656
down €20,656 (-99.6%), from €20,749 to €92
- Depreciation +€2,326
up €2,326 (+16.3%), from €14,264 to €16,589
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 | €280,245 | €208,477 | -€71,767 | -25.6% |
| Fixed assets | 21/28 | €61,147 | €44,558 | -€16,589 | -27.1% |
| Tangible fixed assets | 22/27 | €61,147 | €44,558 | -€16,589 | -27.1% |
| Furniture and vehicles | 24 | €61,147 | €44,558 | -€16,589 | -27.1% |
| Current assets | 29/58 | €219,098 | €163,920 | -€55,178 | -25.2% |
| Amounts receivable within one year | 40/41 | €38,018 | €26,066 | -€11,952 | -31.4% |
| Trade receivables | 40 | €1,000 | - | -€1,000 | |
| Other amounts receivable | 41 | €37,018 | €26,066 | -€10,952 | -29.6% |
| Cash at bank and in hand | 54/58 | €180,895 | €137,686 | -€43,209 | -23.9% |
| Deferred charges and accrued income | 490/1 | €184 | €168 | -€16 | -8.9% |
| Total equity and liabilities | 10/49 | €280,245 | €208,477 | -€71,767 | -25.6% |
| Equity | 10/15 | €211,778 | €6,587 | -€205,191 | -96.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €208,778 | €3,587 | -€205,191 | -98.3% |
| Amounts payable | 17/49 | €68,466 | €201,890 | +€133,424 | +194.9% |
| Amounts payable within one year | 42/48 | €68,192 | €201,890 | +€133,698 | +196.1% |
| Trade debts | 44 | €662 | €1,621 | +€959 | +144.7% |
| Suppliers | 440/4 | €662 | €1,621 | +€959 | +144.7% |
| Taxes, remuneration and social security | 45 | €1,301 | €92 | -€1,209 | -92.9% |
| Taxes | 450/3 | €1,301 | €92 | -€1,209 | -92.9% |
| Other amounts payable | 47/48 | €66,228 | €200,177 | +€133,948 | +202.3% |
| Accrued charges and deferred income | 492/3 | €274 | - | -€274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,264 | €16,589 | +€2,326 | +16.3% |
| Other operating charges | 640/8 | €558 | - | -€558 | |
| Gross operating margin | 9900 | €97,866 | €11,536 | -€86,330 | -88.2% |
| Operating profit (loss) | 9901 | €83,045 | -€5,054 | -€88,098 | |
| Financial charges | 65/66B | €334 | €45 | -€289 | -86.5% |
| Recurring financial charges | 65 | €334 | €45 | -€289 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | €82,710 | -€5,099 | -€87,809 | |
| Income taxes | 67/77 | €20,749 | €92 | -€20,656 | -99.6% |
| Profit (loss) for the period | 9904 | €61,961 | -€5,191 | -€67,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,961 | -€5,191 | -€67,153 |
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.