REVIMAXX: 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.
REVIMAXX
Largest movements
- Stocks and contracts -€2.2m
down €2.2m (-52.3%), from €4.2m to €2.0m
of which Contracts in progress: -€2.2m
- Receivables within one year +€1.0m
up €1.0m (+34.9%), from €3.0m to €4.0m
of which Trade receivables: +€647,749
- Tangible fixed assets -€324,222
down €324,222 (-40.1%), from €807,894 to €483,672
- Cash -€205,451
down €205,451 (-50.9%), from €403,714 to €198,263
mainly Advances received (-€1.9m) and Receivables within one year (-€1.0m)
- Advances received -€1.9m
down €1.9m (-47.1%), from €4.1m to €2.2m
- Debts after one year -€257,090
down €257,090 (-25.3%), from €1.0m to €757,808
- Reserves +€236,749
up €236,749 (+22.9%), from €1.0m to €1.3m
of which Distributable reserves: +€236,749
- Short-term financial debts +€200,000
up €200,000 (+57.1%), from €350,000 to €550,000
- Gross operating margin +€490,424
up €490,424 (+19.5%), from €2.5m to €3.0m
- Staff costs +€87,697
up €87,697 (+3.9%), from €2.3m to €2.3m
- Depreciation -€38,962
down €38,962 (-9.6%), from €406,195 to €367,233
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 | €8,568,084 | €6,846,060 | -€1.7m | -20.1% |
| Fixed assets | 21/28 | €852,558 | €500,953 | -€351,605 | -41.2% |
| Intangible fixed assets | 21 | €44,664 | €17,281 | -€27,383 | -61.3% |
| Tangible fixed assets | 22/27 | €807,894 | €483,672 | -€324,222 | -40.1% |
| Land and buildings | 22 | €156,334 | €63,006 | -€93,328 | -59.7% |
| Plant, machinery and equipment | 23 | €167,949 | €108,935 | -€59,014 | -35.1% |
| Furniture and vehicles | 24 | €56,045 | €37,737 | -€18,308 | -32.7% |
| Leasing and similar rights | 25 | €427,566 | €273,995 | -€153,571 | -35.9% |
| Current assets | 29/58 | €7,715,526 | €6,345,108 | -€1.4m | -17.8% |
| Stocks and contracts in progress | 3 | €4,248,688 | €2,028,521 | -€2.2m | -52.3% |
| Stocks | 30/36 | €62,724 | €62,724 | = | 0.0% |
| Contracts in progress | 37 | €4,185,964 | €1,965,797 | -€2.2m | -53.0% |
| Amounts receivable within one year | 40/41 | €2,968,893 | €4,005,865 | +€1.0m | +34.9% |
| Trade receivables | 40 | €2,335,444 | €2,983,193 | +€647,749 | +27.7% |
| Other amounts receivable | 41 | €633,449 | €1,022,671 | +€389,222 | +61.4% |
| Cash at bank and in hand | 54/58 | €403,714 | €198,263 | -€205,451 | -50.9% |
| Deferred charges and accrued income | 490/1 | €94,231 | €112,459 | +€18,228 | +19.3% |
| Total equity and liabilities | 10/49 | €8,568,084 | €6,846,060 | -€1.7m | -20.1% |
| Equity | 10/15 | €1,607,759 | €1,844,508 | +€236,749 | +14.7% |
| Contributions | 10/11 | €572,200 | €572,200 | = | 0.0% |
| Capital | 10 | €572,200 | €572,200 | = | 0.0% |
| Issued capital | 100 | €572,200 | €572,200 | = | 0.0% |
| Reserves | 13 | €1,035,559 | €1,272,308 | +€236,749 | +22.9% |
| Non-distributable reserves | 130/1 | €57,220 | €57,220 | = | 0.0% |
| Legal reserve | 130 | €57,220 | €57,220 | = | 0.0% |
| Distributable reserves | 133 | €978,339 | €1,215,088 | +€236,749 | +24.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,960,325 | €5,001,552 | -€2.0m | -28.1% |
| Amounts payable after more than one year | 17 | €1,014,897 | €757,808 | -€257,090 | -25.3% |
| Financial debts | 170/4 | €1,014,897 | €757,808 | -€257,090 | -25.3% |
| Amounts payable within one year | 42/48 | €5,934,428 | €4,228,744 | -€1.7m | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €272,407 | €257,090 | -€15,317 | -5.6% |
| Financial debts | 43 | €350,000 | €550,000 | +€200,000 | +57.1% |
| Credit institutions | 430/8 | €350,000 | €550,000 | +€200,000 | +57.1% |
| Trade debts | 44 | €874,791 | €835,182 | -€39,610 | -4.5% |
| Suppliers | 440/4 | €874,791 | €835,182 | -€39,610 | -4.5% |
| Advances received on contracts in progress | 46 | €4,107,825 | €2,173,904 | -€1.9m | -47.1% |
| Taxes, remuneration and social security | 45 | €329,405 | €412,569 | +€83,164 | +25.2% |
| Taxes | 450/3 | €114,422 | €223,585 | +€109,163 | +95.4% |
| Remuneration and social security | 454/9 | €214,982 | €188,984 | -€25,999 | -12.1% |
| Accrued charges and deferred income | 492/3 | €11,000 | €15,000 | +€4,000 | +36.4% |
| Remuneration, social security and pensions | 62 | €2,256,237 | €2,343,934 | +€87,697 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €406,195 | €367,233 | -€38,962 | -9.6% |
| Other operating charges | 640/8 | €6,839 | €7,334 | +€495 | +7.2% |
| Non-recurring operating charges | 66A | €211,731 | €0 | -€211,731 | -100% |
| Gross operating margin | 9900 | €2,517,630 | €3,008,053 | +€490,424 | +19.5% |
| Operating profit (loss) | 9901 | -€363,372 | €289,552 | +€652,924 | |
| Financial income | 75/76B | €332 | €629 | +€297 | +89.4% |
| Recurring financial income | 75 | €332 | €629 | +€297 | +89.4% |
| Financial charges | 65/66B | €77,661 | €51,735 | -€25,925 | -33.4% |
| Recurring financial charges | 65 | €77,661 | €51,735 | -€25,925 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€440,701 | €238,446 | +€679,147 | |
| Income taxes | 67/77 | €559 | €1,697 | +€1,138 | +204% |
| Profit (loss) for the period | 9904 | -€441,260 | €236,749 | +€678,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€441,260 | €236,749 | +€678,009 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.