REVITALIZE: 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.
REVITALIZE
Largest movements
- Tangible fixed assets +€238,788
up €238,788 (+306.7%), from €77,870 to €316,658
of which Other tangible fixed assets: +€239,495
- Deferred charges and accrued income +€53,291
up €53,291 (+924.6%), from €5,764 to €59,055
- Cash +€44,649
up €44,649 (+54.1%), from €82,533 to €127,182
mainly Debts after one year (+€238,586) and Net result for the year (+€95,492)
- Receivables within one year +€13,192
up €13,192 (+6.3%), from €209,444 to €222,636
of which Other amounts receivable: +€7,069
- Debts after one year +€238,586
up €238,586 (+444.3%), from €53,703 to €292,289
of which Financial debts: +€138,486
- Profit (loss) carried forward +€95,492
up €95,492 (+102.4%), from €93,252 to €188,745
- Other debts -€82,830
down €82,830 (-98.3%), from €84,232 to €1,402
- Tax, wage and social debts +€62,874
up €62,874 (+876.9%), from €7,170 to €70,044
of which Taxes: +€62,874
- Trade debts +€20,863
up €20,863 (+22.5%), from €92,785 to €113,648
- Gross operating margin +€92,244
up €92,244 (+88.4%), from €104,330 to €196,574
- Other operating charges +€19,285
up €19,285 (+90.0%), from €21,424 to €40,709
- Taxes +€16,149
up €16,149 (+156.8%), from €10,298 to €26,447
- Depreciation -€3,433
down €3,433 (-10.2%), from €33,617 to €30,184
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 | €379,820 | €730,647 | +€350,827 | +92.4% |
| Fixed assets | 21/28 | €82,080 | €321,774 | +€239,694 | +292.0% |
| Intangible fixed assets | 21 | €594 | - | -€594 | |
| Tangible fixed assets | 22/27 | €77,870 | €316,658 | +€238,788 | +306.7% |
| Plant, machinery and equipment | 23 | €33,525 | €19,256 | -€14,269 | -42.6% |
| Furniture and vehicles | 24 | €9,059 | €22,621 | +€13,562 | +149.7% |
| Other tangible fixed assets | 26 | €35,286 | €274,781 | +€239,495 | +678.7% |
| Financial fixed assets | 28 | €3,616 | €5,116 | +€1,500 | +41.5% |
| Current assets | 29/58 | €297,741 | €408,873 | +€111,132 | +37.3% |
| Amounts receivable within one year | 40/41 | €209,444 | €222,636 | +€13,192 | +6.3% |
| Trade receivables | 40 | €16,482 | €22,605 | +€6,123 | +37.2% |
| Other amounts receivable | 41 | €192,962 | €200,031 | +€7,069 | +3.7% |
| Cash at bank and in hand | 54/58 | €82,533 | €127,182 | +€44,649 | +54.1% |
| Deferred charges and accrued income | 490/1 | €5,764 | €59,055 | +€53,291 | +924.6% |
| Total equity and liabilities | 10/49 | €379,820 | €730,647 | +€350,827 | +92.4% |
| Equity | 10/15 | €113,712 | €209,205 | +€95,492 | +84.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,252 | €188,745 | +€95,492 | +102.4% |
| Amounts payable | 17/49 | €266,108 | €521,442 | +€255,334 | +96.0% |
| Amounts payable after more than one year | 17 | €53,703 | €292,289 | +€238,586 | +444.3% |
| Financial debts | 170/4 | €53,703 | €192,189 | +€138,486 | +257.9% |
| Other amounts payable | 178/9 | - | €100,100 | +€100,100 | |
| Amounts payable within one year | 42/48 | €212,405 | €227,103 | +€14,698 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €26,874 | €42,009 | +€15,136 | +56.3% |
| Financial debts | 43 | €1,345 | - | -€1,345 | |
| Credit institutions | 430/8 | €1,345 | - | -€1,345 | |
| Trade debts | 44 | €92,785 | €113,648 | +€20,863 | +22.5% |
| Suppliers | 440/4 | €92,785 | €113,648 | +€20,863 | +22.5% |
| Taxes, remuneration and social security | 45 | €7,170 | €70,044 | +€62,874 | +876.9% |
| Taxes | 450/3 | €5,595 | €68,469 | +€62,874 | +1123.7% |
| Remuneration and social security | 454/9 | €1,575 | €1,575 | = | 0.0% |
| Other amounts payable | 47/48 | €84,232 | €1,402 | -€82,830 | -98.3% |
| Accrued charges and deferred income | 492/3 | - | €2,051 | +€2,051 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,617 | €30,184 | -€3,433 | -10.2% |
| Other operating charges | 640/8 | €21,424 | €40,709 | +€19,285 | +90.0% |
| Gross operating margin | 9900 | €104,330 | €196,574 | +€92,244 | +88.4% |
| Operating profit (loss) | 9901 | €49,290 | €125,681 | +€76,392 | +155.0% |
| Financial income | 75/76B | €1,225 | €1,483 | +€258 | +21.1% |
| Recurring financial income | 75 | €1,225 | €1,483 | +€258 | +21.1% |
| Financial charges | 65/66B | €5,869 | €5,226 | -€644 | -11.0% |
| Recurring financial charges | 65 | €5,869 | €5,226 | -€644 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €44,646 | €121,939 | +€77,294 | +173.1% |
| Income taxes | 67/77 | €10,298 | €26,447 | +€16,149 | +156.8% |
| Profit (loss) for the period | 9904 | €34,348 | €95,492 | +€61,145 | +178.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,348 | €95,492 | +€61,145 | +178.0% |
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 7 October 2026 via checked.be.