REVIVAL: 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.
REVIVAL
Largest movements
- Receivables within one year +€96,628
up €96,628 (+58.4%), from €165,419 to €262,047
of which Trade receivables: +€69,110
- Tangible fixed assets +€12,606
up €12,606 (+2.6%), from €488,308 to €500,914
of which Furniture and vehicles: +€36,110
- Deferred charges and accrued income +€8,718
up €8,718 (+15.7%), from €55,608 to €64,326
- Profit (loss) carried forward +€85,118
up €85,118 (+60.5%), from €140,613 to €225,730
- Other debts -€38,825
down €38,825 (-49.4%), from €78,604 to €39,779
- Trade debts +€36,083
up €36,083 (+92.6%), from €38,956 to €75,039
- Debts after one year +€9,864
up €9,864 (+3.4%), from €287,029 to €296,893
- Current portion of long-term debt +€9,350
up €9,350 (+44.3%), from €21,125 to €30,475
- Turnover +€79,489
up €79,489 (+52.1%), from €152,474 to €231,963
- Gross operating margin +€74,197
up €74,197 (+119.3%), from €62,219 to €136,416
- Purchases and services +€5,291
up €5,291 (+5.9%), from €90,255 to €95,546
- Financial charges +€3,720
up €3,720 (+17.5%), from €21,236 to €24,955
of which Non-recurring financial charges: +€6,160
- Depreciation -€3,506
down €3,506 (-8.2%), from €42,780 to €39,275
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 | €731,887 | €839,891 | +€108,004 | +14.8% |
| Fixed assets | 21/28 | €493,464 | €501,699 | +€8,235 | +1.7% |
| Intangible fixed assets | 21 | €4,371 | €0 | -€4,371 | -100.0% |
| Tangible fixed assets | 22/27 | €488,308 | €500,914 | +€12,606 | +2.6% |
| Land and buildings | 22 | €470,902 | €446,363 | -€24,540 | -5.2% |
| Plant, machinery and equipment | 23 | - | €1,035 | +€1,035 | |
| Furniture and vehicles | 24 | €17,406 | €53,516 | +€36,110 | +207.5% |
| Financial fixed assets | 28 | €785 | €785 | = | 0.0% |
| Current assets | 29/58 | €238,423 | €338,192 | +€99,770 | +41.8% |
| Amounts receivable within one year | 40/41 | €165,419 | €262,047 | +€96,628 | +58.4% |
| Trade receivables | 40 | €24,937 | €94,047 | +€69,110 | +277.1% |
| Other amounts receivable | 41 | €140,482 | €168,000 | +€27,518 | +19.6% |
| Cash at bank and in hand | 54/58 | €17,396 | €11,819 | -€5,577 | -32.1% |
| Deferred charges and accrued income | 490/1 | €55,608 | €64,326 | +€8,718 | +15.7% |
| Total equity and liabilities | 10/49 | €731,887 | €839,891 | +€108,004 | +14.8% |
| Equity | 10/15 | €250,613 | €335,730 | +€85,118 | +34.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,613 | €225,730 | +€85,118 | +60.5% |
| Amounts payable | 17/49 | €481,274 | €504,161 | +€22,887 | +4.8% |
| Amounts payable after more than one year | 17 | €287,029 | €296,893 | +€9,864 | +3.4% |
| Financial debts | 170/4 | €287,029 | €296,893 | +€9,864 | +3.4% |
| Amounts payable within one year | 42/48 | €139,603 | €148,846 | +€9,243 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €21,125 | €30,475 | +€9,350 | +44.3% |
| Trade debts | 44 | €38,956 | €75,039 | +€36,083 | +92.6% |
| Suppliers | 440/4 | €38,956 | €75,039 | +€36,083 | +92.6% |
| Taxes, remuneration and social security | 45 | €917 | €3,553 | +€2,635 | +287.3% |
| Taxes | 450/3 | €917 | €3,553 | +€2,635 | +287.3% |
| Other amounts payable | 47/48 | €78,604 | €39,779 | -€38,825 | -49.4% |
| Accrued charges and deferred income | 492/3 | €54,643 | €58,422 | +€3,780 | +6.9% |
| Turnover | 70 | €152,474 | €231,963 | +€79,489 | +52.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €90,255 | €95,546 | +€5,291 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,780 | €39,275 | -€3,506 | -8.2% |
| Other operating charges | 640/8 | €4,066 | €3,770 | -€297 | -7.3% |
| Gross operating margin | 9900 | €62,219 | €136,416 | +€74,197 | +119.3% |
| Operating profit (loss) | 9901 | €15,373 | €93,372 | +€78,000 | +507.4% |
| Financial income | 75/76B | €20,890 | €20,032 | -€857 | -4.1% |
| Recurring financial income | 75 | €8,488 | €10,279 | +€1,791 | +21.1% |
| Non-recurring financial income | 76B | €12,401 | €9,753 | -€2,648 | -21.4% |
| Financial charges | 65/66B | €21,236 | €24,955 | +€3,720 | +17.5% |
| Recurring financial charges | 65 | €20,059 | €17,618 | -€2,441 | -12.2% |
| Non-recurring financial charges | 66B | €1,177 | €7,337 | +€6,160 | +523.4% |
| Profit (loss) for the period before taxes | 9903 | €15,027 | €88,450 | +€73,423 | +488.6% |
| Income taxes | 67/77 | €178 | €3,332 | +€3,154 | +1777.2% |
| Profit (loss) for the period | 9904 | €14,849 | €85,118 | +€70,269 | +473.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,849 | €85,118 | +€70,269 | +473.2% |
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 10 October 2026 via checked.be.