REVSA BELGIUM: 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.
REVSA BELGIUM
Largest movements
- Receivables within one year +€6,201
new in 2025: €6,201
- Cash -€2,142
down €2,142 (-7.4%), from €28,991 to €26,849
mainly Investment in fixed assets (net) (-€6,590) and Receivables within one year (-€6,201)
- Tangible fixed assets +€1,668
up €1,668 (+38.8%), from €4,302 to €5,970
- Debts after one year +€8,268
up €8,268 (+17.6%), from €46,932 to €55,200
- Tax, wage and social debts -€2,687
down €2,687 (-12.8%), from €20,964 to €18,277
- Turnover -€15,390
down €15,390 (-14.9%), from €102,990 to €87,600
- Gross operating margin -€14,002
down €14,002 (-17.3%), from €80,719 to €66,717
- Staff costs -€4,926
down €4,926 (-7.7%), from €63,892 to €58,966
- Depreciation -€1,698
down €1,698 (-25.6%), from €6,619 to €4,922
- Purchases and services -€1,389
down €1,389 (-6.2%), from €22,272 to €20,883
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 | €42,719 | €48,447 | +€5,728 | +13.4% |
| Fixed assets | 21/28 | €4,302 | €5,970 | +€1,668 | +38.8% |
| Tangible fixed assets | 22/27 | €4,302 | €5,970 | +€1,668 | +38.8% |
| Furniture and vehicles | 24 | €4,302 | €5,970 | +€1,668 | +38.8% |
| Current assets | 29/58 | €38,417 | €42,476 | +€4,059 | +10.6% |
| Stocks and contracts in progress | 3 | €9,426 | €9,426 | = | 0.0% |
| Stocks | 30/36 | €9,426 | €9,426 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €6,201 | +€6,201 | |
| Trade receivables | 40 | - | €6,201 | +€6,201 | |
| Cash at bank and in hand | 54/58 | €28,991 | €26,849 | -€2,142 | -7.4% |
| Total equity and liabilities | 10/49 | €42,719 | €48,447 | +€5,728 | +13.4% |
| Equity | 10/15 | -€25,269 | -€25,100 | +€169 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,201 | €11,201 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Legal reserve | 130 | €124 | €124 | = | 0.0% |
| Distributable reserves | 133 | €11,077 | €11,077 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,070 | -€54,901 | +€169 | +0.3% |
| Amounts payable | 17/49 | €67,988 | €73,546 | +€5,559 | +8.2% |
| Amounts payable after more than one year | 17 | €46,932 | €55,200 | +€8,268 | +17.6% |
| Financial debts | 170/4 | €46,932 | €55,200 | +€8,268 | +17.6% |
| Amounts payable within one year | 42/48 | €21,056 | €18,347 | -€2,709 | -12.9% |
| Trade debts | 44 | €91 | €69 | -€22 | -24.2% |
| Suppliers | 440/4 | €91 | €69 | -€22 | -24.2% |
| Taxes, remuneration and social security | 45 | €20,964 | €18,277 | -€2,687 | -12.8% |
| Taxes | 450/3 | €20,964 | €18,277 | -€2,687 | -12.8% |
| Turnover | 70 | €102,990 | €87,600 | -€15,390 | -14.9% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €22,272 | €20,883 | -€1,389 | -6.2% |
| Remuneration, social security and pensions | 62 | €63,892 | €58,966 | -€4,926 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,619 | €4,922 | -€1,698 | -25.6% |
| Other operating charges | 640/8 | €1,535 | €1,584 | +€49 | +3.2% |
| Gross operating margin | 9900 | €80,719 | €66,717 | -€14,002 | -17.3% |
| Operating profit (loss) | 9901 | €8,672 | €1,245 | -€7,427 | -85.6% |
| Financial income | 75/76B | €58 | €100 | +€41 | +70.8% |
| Recurring financial income | 75 | €58 | €100 | +€41 | +70.8% |
| Non-recurring financial income | 76B | €58 | €100 | +€41 | +70.8% |
| Financial charges | 65/66B | €549 | €39 | -€509 | -92.8% |
| Recurring financial charges | 65 | €549 | €39 | -€509 | -92.8% |
| Profit (loss) for the period before taxes | 9903 | €8,182 | €1,305 | -€6,877 | -84.0% |
| Income taxes | 67/77 | €2,519 | €1,136 | -€1,383 | -54.9% |
| Profit (loss) for the period | 9904 | €5,662 | €169 | -€5,493 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,662 | €169 | -€5,493 | -97.0% |
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 25 October 2026 via checked.be.