REVIPIX: 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.
REVIPIX
Largest movements
- Tangible fixed assets -€58,466
down €58,466 (-30.3%), from €193,024 to €134,558
of which Plant, machinery and equipment: -€64,812
- Receivables within one year +€54,577
up €54,577 (+15.5%), from €351,940 to €406,518
of which Trade receivables: +€54,521
- Cash +€20,154
up €20,154 (+508.0%), from €3,968 to €24,122
mainly Short-term financial debts (+€112,296) and Depreciation (+€67,299)
- Short-term financial debts +€112,296
new in 2025: €112,296
- Debts after one year -€61,426
down €61,426 (-100.0%), from €61,426 to €0
- Current portion of long-term debt -€50,627
down €50,627 (-54.5%), from €92,848 to €42,221
- Tax, wage and social debts +€37,979
up €37,979 (+37.3%), from €101,870 to €139,850
of which Taxes: +€61,049
- Trade debts -€30,076
down €30,076 (-10.0%), from €299,273 to €269,196
- Gross operating margin -€197,472
down €197,472 (-59.8%), from €330,222 to €132,750
- Financial charges -€41,235
down €41,235 (-76.3%), from €54,027 to €12,792
of which Non-recurring financial charges: -€45,825
- Staff costs -€13,915
down €13,915 (-18.4%), from €75,463 to €61,548
- Depreciation +€8,374
up €8,374 (+14.2%), from €58,925 to €67,299
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 | €563,322 | €574,370 | +€11,048 | +2.0% |
| Fixed assets | 21/28 | €197,508 | €139,042 | -€58,466 | -29.6% |
| Tangible fixed assets | 22/27 | €193,024 | €134,558 | -€58,466 | -30.3% |
| Plant, machinery and equipment | 23 | €189,516 | €124,705 | -€64,812 | -34.2% |
| Furniture and vehicles | 24 | €2,210 | €8,817 | +€6,607 | +298.9% |
| Other tangible fixed assets | 26 | €1,297 | €1,036 | -€261 | -20.2% |
| Financial fixed assets | 28 | €4,484 | €4,484 | = | 0.0% |
| Current assets | 29/58 | €365,814 | €435,329 | +€69,515 | +19.0% |
| Amounts receivable within one year | 40/41 | €351,940 | €406,518 | +€54,577 | +15.5% |
| Trade receivables | 40 | €349,093 | €403,614 | +€54,521 | +15.6% |
| Other amounts receivable | 41 | €2,847 | €2,904 | +€57 | +2.0% |
| Cash at bank and in hand | 54/58 | €3,968 | €24,122 | +€20,154 | +508.0% |
| Deferred charges and accrued income | 490/1 | €9,906 | €4,689 | -€5,217 | -52.7% |
| Total equity and liabilities | 10/49 | €563,322 | €574,370 | +€11,048 | +2.0% |
| Equity | 10/15 | -€30,172 | -€49,708 | -€19,537 | -64.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,466 | €5,466 | = | 0.0% |
| Distributable reserves | 133 | €5,466 | €5,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,638 | -€75,174 | -€19,537 | -35.1% |
| Amounts payable | 17/49 | €593,493 | €624,078 | +€30,585 | +5.2% |
| Amounts payable after more than one year | 17 | €61,426 | €0 | -€61,426 | -100.0% |
| Financial debts | 170/4 | €61,426 | €0 | -€61,426 | -100.0% |
| Amounts payable within one year | 42/48 | €496,677 | €588,689 | +€92,011 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €92,848 | €42,221 | -€50,627 | -54.5% |
| Financial debts | 43 | - | €112,296 | +€112,296 | |
| Credit institutions | 430/8 | - | €112,296 | +€112,296 | |
| Trade debts | 44 | €299,273 | €269,196 | -€30,076 | -10.0% |
| Suppliers | 440/4 | €299,273 | €269,196 | -€30,076 | -10.0% |
| Taxes, remuneration and social security | 45 | €101,870 | €139,850 | +€37,979 | +37.3% |
| Taxes | 450/3 | €69,966 | €131,015 | +€61,049 | +87.3% |
| Remuneration and social security | 454/9 | €31,904 | €8,835 | -€23,069 | -72.3% |
| Other amounts payable | 47/48 | €2,686 | €25,126 | +€22,439 | +835.3% |
| Accrued charges and deferred income | 492/3 | €35,390 | €35,390 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €75,463 | €61,548 | -€13,915 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,925 | €67,299 | +€8,374 | +14.2% |
| Other operating charges | 640/8 | €9,450 | €10,647 | +€1,196 | +12.7% |
| Non-recurring operating charges | 66A | €59,870 | €0 | -€59,870 | -100.0% |
| Gross operating margin | 9900 | €330,222 | €132,750 | -€197,472 | -59.8% |
| Operating profit (loss) | 9901 | €126,513 | -€6,745 | -€133,258 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.2% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.2% |
| Financial charges | 65/66B | €54,027 | €12,792 | -€41,235 | -76.3% |
| Recurring financial charges | 65 | €8,203 | €12,792 | +€4,589 | +55.9% |
| Non-recurring financial charges | 66B | €45,825 | €0 | -€45,825 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €72,486 | -€19,537 | -€92,023 | |
| Profit (loss) for the period | 9904 | €72,486 | -€19,537 | -€92,023 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,486 | -€19,537 | -€92,023 |
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.