REVVING: 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.
REVVING
Largest movements
- Tangible fixed assets +€242,466
up €242,466 (+942.6%), from €25,724 to €268,190
of which Furniture and vehicles: +€232,219
- Stocks and contracts -€148,923
down €148,923 (-19.1%), from €780,077 to €631,155
- Receivables within one year -€23,913
down €23,913 (-14.6%), from €164,220 to €140,307
of which Trade receivables: -€40,261
- Advances received +€203,742
up €203,742 (+8885.4%), from €2,293 to €206,035
- Trade debts -€167,381
down €167,381 (-49.8%), from €336,217 to €168,837
- Debts after one year -€102,225
down €102,225 (-12.1%), from €848,287 to €746,062
of which Financial debts: -€93,465
- Profit (loss) carried forward +€70,635
up €70,635 (+56.7%), from -€124,610 to -€53,974
- Other debts +€37,833
up €37,833 (+834.1%), from €4,536 to €42,369
- Gross operating margin +€243,585
up €243,585, from -€90,313 to €153,273
- Depreciation +€39,000
up €39,000 (+282.7%), from €13,794 to €52,794
- Other operating charges +€7,839
up €7,839 (+60.1%), from €13,053 to €20,892
- Financial income -€1,750
no longer reported in 2025 (was €1,750)
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 | €1,153,268 | €1,221,600 | +€68,331 | +5.9% |
| Formation expenses | 20 | €575 | €389 | -€187 | -32.4% |
| Fixed assets | 21/28 | €25,724 | €268,190 | +€242,466 | +942.6% |
| Tangible fixed assets | 22/27 | €25,724 | €268,190 | +€242,466 | +942.6% |
| Furniture and vehicles | 24 | €24,802 | €257,021 | +€232,219 | +936.3% |
| Other tangible fixed assets | 26 | €922 | €11,169 | +€10,247 | +1111.2% |
| Current assets | 29/58 | €1,126,969 | €953,021 | -€173,948 | -15.4% |
| Amounts receivable after more than one year | 29 | €177,658 | €177,658 | = | 0.0% |
| Other amounts receivable | 291 | €177,658 | €177,658 | = | 0.0% |
| Stocks and contracts in progress | 3 | €780,077 | €631,155 | -€148,923 | -19.1% |
| Stocks | 30/36 | €780,077 | €631,155 | -€148,923 | -19.1% |
| Amounts receivable within one year | 40/41 | €164,220 | €140,307 | -€23,913 | -14.6% |
| Trade receivables | 40 | €153,361 | €113,100 | -€40,261 | -26.3% |
| Other amounts receivable | 41 | €10,859 | €27,206 | +€16,347 | +150.5% |
| Cash at bank and in hand | 54/58 | €138 | €100 | -€38 | -27.6% |
| Deferred charges and accrued income | 490/1 | €4,874 | €3,801 | -€1,074 | -22.0% |
| Total equity and liabilities | 10/49 | €1,153,268 | €1,221,600 | +€68,331 | +5.9% |
| Equity | 10/15 | -€72,668 | -€2,033 | +€70,635 | +97.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €31,941 | €31,941 | = | 0.0% |
| Distributable reserves | 133 | €31,941 | €31,941 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,610 | -€53,974 | +€70,635 | +56.7% |
| Amounts payable | 17/49 | €1,225,937 | €1,223,633 | -€2,304 | -0.2% |
| Amounts payable after more than one year | 17 | €848,287 | €746,062 | -€102,225 | -12.1% |
| Financial debts | 170/4 | €194,556 | €101,091 | -€93,465 | -48.0% |
| Other amounts payable | 178/9 | €653,731 | €644,971 | -€8,760 | -1.3% |
| Amounts payable within one year | 42/48 | €377,650 | €477,570 | +€99,921 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €22,813 | €59,201 | +€36,388 | +159.5% |
| Financial debts | 43 | €859 | €1,130 | +€271 | +31.5% |
| Credit institutions | 430/8 | €859 | €1,130 | +€271 | +31.5% |
| Trade debts | 44 | €336,217 | €168,837 | -€167,381 | -49.8% |
| Suppliers | 440/4 | €336,217 | €168,837 | -€167,381 | -49.8% |
| Advances received on contracts in progress | 46 | €2,293 | €206,035 | +€203,742 | +8885.4% |
| Taxes, remuneration and social security | 45 | €10,932 | - | -€10,932 | |
| Taxes | 450/3 | €10,932 | - | -€10,932 | |
| Other amounts payable | 47/48 | €4,536 | €42,369 | +€37,833 | +834.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,794 | €52,794 | +€39,000 | +282.7% |
| Other operating charges | 640/8 | €13,053 | €20,892 | +€7,839 | +60.1% |
| Gross operating margin | 9900 | -€90,313 | €153,273 | +€243,585 | |
| Operating profit (loss) | 9901 | -€117,160 | €79,586 | +€196,746 | |
| Financial income | 75/76B | €1,750 | - | -€1,750 | |
| Recurring financial income | 75 | €1,750 | - | -€1,750 | |
| Financial charges | 65/66B | €9,200 | €8,951 | -€249 | -2.7% |
| Recurring financial charges | 65 | €9,200 | €8,951 | -€249 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€124,610 | €70,635 | +€195,246 | |
| Income taxes | 67/77 | -€1 | - | +€1 | |
| Profit (loss) for the period | 9904 | -€124,610 | €70,635 | +€195,245 | |
| Profit (loss) for the period to be appropriated | 9905 | -€124,610 | €70,635 | +€195,245 |
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 3 October 2026 via checked.be.