REVGROUP: 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.
REVGROUP
Largest movements
- Receivables within one year -€167,428
down €167,428 (-56.8%), from €294,946 to €127,518
of which Trade receivables: -€161,874
- Deferred charges and accrued income -€27,708
down €27,708 (-84.6%), from €32,766 to €5,059
- Tangible fixed assets -€8,023
down €8,023 (-13.8%), from €58,304 to €50,281
of which Furniture and vehicles: -€9,560
- Trade debts -€184,502
down €184,502 (-96.5%), from €191,232 to €6,731
- Current portion of long-term debt -€34,021
down €34,021 (-64.3%), from €52,890 to €18,870
- Profit (loss) carried forward +€18,554
up €18,554 (+14.4%), from €128,605 to €147,159
- Gross operating margin +€22,273
up €22,273 (+45.4%), from €49,038 to €71,311
- Depreciation -€13,329
down €13,329 (-56.6%), from €23,545 to €10,215
- Staff costs +€9,183
up €9,183 (+62.9%), from €14,609 to €23,792
- Other operating charges +€5,627
up €5,627 (+273%), from €2,062 to €7,688
- Taxes +€3,708
up €3,708 (+147%), from €2,514 to €6,223
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 | €388,079 | €184,743 | -€203,336 | -52.4% |
| Fixed assets | 21/28 | €59,897 | €51,974 | -€7,923 | -13.2% |
| Tangible fixed assets | 22/27 | €58,304 | €50,281 | -€8,023 | -13.8% |
| Plant, machinery and equipment | 23 | €3,287 | €4,824 | +€1,537 | +46.8% |
| Furniture and vehicles | 24 | €55,017 | €45,457 | -€9,560 | -17.4% |
| Financial fixed assets | 28 | €1,593 | €1,693 | +€100 | +6.3% |
| Current assets | 29/58 | €328,182 | €132,769 | -€195,413 | -59.5% |
| Amounts receivable within one year | 40/41 | €294,946 | €127,518 | -€167,428 | -56.8% |
| Trade receivables | 40 | €249,072 | €87,198 | -€161,874 | -65.0% |
| Other amounts receivable | 41 | €45,874 | €40,321 | -€5,553 | -12.1% |
| Cash at bank and in hand | 54/58 | €469 | €192 | -€278 | -59.2% |
| Deferred charges and accrued income | 490/1 | €32,766 | €5,059 | -€27,708 | -84.6% |
| Total equity and liabilities | 10/49 | €388,079 | €184,743 | -€203,336 | -52.4% |
| Equity | 10/15 | €139,415 | €157,969 | +€18,554 | +13.3% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Reserves | 13 | €2,110 | €2,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,110 | €2,110 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,110 | €2,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,605 | €147,159 | +€18,554 | +14.4% |
| Amounts payable | 17/49 | €248,664 | €26,774 | -€221,890 | -89.2% |
| Amounts payable within one year | 42/48 | €248,664 | €26,774 | -€221,890 | -89.2% |
| Current portion of amounts payable after more than one year | 42 | €52,890 | €18,870 | -€34,021 | -64.3% |
| Trade debts | 44 | €191,232 | €6,731 | -€184,502 | -96.5% |
| Suppliers | 440/4 | €191,232 | €6,731 | -€184,502 | -96.5% |
| Advances received on contracts in progress | 46 | €2,745 | - | -€2,745 | |
| Taxes, remuneration and social security | 45 | €1,796 | €1,174 | -€622 | -34.6% |
| Taxes | 450/3 | €1,796 | €1,174 | -€622 | -34.6% |
| Remuneration, social security and pensions | 62 | €14,609 | €23,792 | +€9,183 | +62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,545 | €10,215 | -€13,329 | -56.6% |
| Other operating charges | 640/8 | €2,062 | €7,688 | +€5,627 | +273% |
| Gross operating margin | 9900 | €49,038 | €71,311 | +€22,273 | +45.4% |
| Operating profit (loss) | 9901 | €8,823 | €29,616 | +€20,793 | +236% |
| Financial income | 75/76B | €17 | €1,751 | +€1,733 | +10,013% |
| Recurring financial income | 75 | €17 | €1,751 | +€1,733 | +10,013% |
| Financial charges | 65/66B | €3,713 | €6,590 | +€2,877 | +77.5% |
| Recurring financial charges | 65 | €3,713 | €6,590 | +€2,877 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | €5,128 | €24,776 | +€19,648 | +383% |
| Income taxes | 67/77 | €2,514 | €6,223 | +€3,708 | +147% |
| Profit (loss) for the period | 9904 | €2,614 | €18,554 | +€15,940 | +610% |
| Profit (loss) for the period to be appropriated | 9905 | €2,614 | €18,554 | +€15,940 | +610% |
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 14 October 2026 via checked.be.