REVUE GENT: 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.
REVUE GENT
Largest movements
- Cash -€104,799
down €104,799 (-50.5%), from €207,631 to €102,832
mainly Contributions, distributions and other (-€150,000) and Current portion of long-term debt (-€55,690)
- Receivables within one year +€51,959
up €51,959 (+14.0%), from €371,051 to €423,010
of which Other amounts receivable: +€56,182
- Tangible fixed assets -€40,439
down €40,439 (-12.5%), from €322,442 to €282,003
of which Other tangible fixed assets: -€23,050
- Current portion of long-term debt -€55,690
down €55,690 (-92.9%), from €59,954 to €4,265
- Trade debts -€49,556
down €49,556 (-50.1%), from €98,951 to €49,395
- Profit (loss) carried forward +€17,899
up €17,899 (+4.3%), from €415,638 to €433,538
- Staff costs +€163,166
up €163,166 (+39.8%), from €409,574 to €572,740
- Gross operating margin +€148,063
up €148,063 (+20.2%), from €731,458 to €879,521
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 | €1,027,194 | €938,282 | -€88,912 | -8.7% |
| Fixed assets | 21/28 | €332,388 | €292,060 | -€40,328 | -12.1% |
| Intangible fixed assets | 21 | €1,983 | €1,283 | -€700 | -35.3% |
| Tangible fixed assets | 22/27 | €322,442 | €282,003 | -€40,439 | -12.5% |
| Plant, machinery and equipment | 23 | €92,435 | €76,937 | -€15,497 | -16.8% |
| Furniture and vehicles | 24 | €36,412 | €36,372 | -€40 | -0.1% |
| Leasing and similar rights | 25 | €6,172 | €4,320 | -€1,852 | -30.0% |
| Other tangible fixed assets | 26 | €187,423 | €164,373 | -€23,050 | -12.3% |
| Financial fixed assets | 28 | €7,963 | €8,774 | +€811 | +10.2% |
| Current assets | 29/58 | €694,806 | €646,222 | -€48,584 | -7.0% |
| Stocks and contracts in progress | 3 | €110,238 | €113,555 | +€3,317 | +3.0% |
| Stocks | 30/36 | €110,238 | €113,555 | +€3,317 | +3.0% |
| Amounts receivable within one year | 40/41 | €371,051 | €423,010 | +€51,959 | +14.0% |
| Trade receivables | 40 | €23,949 | €19,726 | -€4,223 | -17.6% |
| Other amounts receivable | 41 | €347,102 | €403,284 | +€56,182 | +16.2% |
| Current investments | 50/53 | €2,174 | €2,174 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €207,631 | €102,832 | -€104,799 | -50.5% |
| Deferred charges and accrued income | 490/1 | €3,712 | €4,651 | +€939 | +25.3% |
| Total equity and liabilities | 10/49 | €1,027,194 | €938,282 | -€88,912 | -8.7% |
| Equity | 10/15 | €572,945 | €590,844 | +€17,899 | +3.1% |
| Contributions | 10/11 | €157,200 | €157,200 | = | 0.0% |
| Reserves | 13 | €107 | €107 | = | 0.0% |
| Distributable reserves | 133 | €107 | €107 | = | 0.0% |
| Profit (loss) carried forward | 14 | €415,638 | €433,538 | +€17,899 | +4.3% |
| Amounts payable | 17/49 | €454,249 | €347,437 | -€106,812 | -23.5% |
| Amounts payable after more than one year | 17 | €6,761 | €2,756 | -€4,006 | -59.2% |
| Financial debts | 170/4 | €6,761 | €2,756 | -€4,006 | -59.2% |
| Amounts payable within one year | 42/48 | €440,738 | €333,567 | -€107,170 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €59,954 | €4,265 | -€55,690 | -92.9% |
| Financial debts | 43 | €20,408 | €20,308 | -€100 | -0.5% |
| Credit institutions | 430/8 | €20,408 | €20,308 | -€100 | -0.5% |
| Trade debts | 44 | €98,951 | €49,395 | -€49,556 | -50.1% |
| Suppliers | 440/4 | €98,951 | €49,395 | -€49,556 | -50.1% |
| Taxes, remuneration and social security | 45 | €111,424 | €109,599 | -€1,825 | -1.6% |
| Taxes | 450/3 | €67,283 | €66,672 | -€611 | -0.9% |
| Remuneration and social security | 454/9 | €44,142 | €42,928 | -€1,214 | -2.8% |
| Other amounts payable | 47/48 | €150,000 | €150,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,750 | €11,114 | +€4,364 | +64.7% |
| Remuneration, social security and pensions | 62 | €409,574 | €572,740 | +€163,166 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,671 | €64,704 | -€5,967 | -8.4% |
| Other operating charges | 640/8 | €4,849 | €2,124 | -€2,725 | -56.2% |
| Gross operating margin | 9900 | €731,458 | €879,521 | +€148,063 | +20.2% |
| Operating profit (loss) | 9901 | €246,365 | €239,953 | -€6,412 | -2.6% |
| Financial income | 75/76B | €5,138 | €2,840 | -€2,298 | -44.7% |
| Recurring financial income | 75 | €5,138 | €2,840 | -€2,298 | -44.7% |
| Financial charges | 65/66B | €7,773 | €8,160 | +€387 | +5.0% |
| Recurring financial charges | 65 | €7,773 | €8,160 | +€387 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €243,731 | €234,634 | -€9,097 | -3.7% |
| Income taxes | 67/77 | €68,426 | €66,734 | -€1,692 | -2.5% |
| Profit (loss) for the period | 9904 | €175,304 | €167,899 | -€7,405 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €175,304 | €167,899 | -€7,405 | -4.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.