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Rewova: 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.

What changed

Rewova

BE 0636.860.626
NACE 43.350, Other building finishing work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,308
2024 · -€248+€10,556
Equity
-€17,986
2024 · -€28,294+€10,308
Cash
€6,723
2024 · €1,833+€4,890
Balance sheet total
€7,702
2024 · €4,714+€2,988

Largest movements

2024 to 2025
Assets
  • Cash +€4,890

    up €4,890 (+266.8%), from €1,833 to €6,723

    mainly Net result for the year (+€10,308) and Trade debts (+€4,902)

  • Tangible fixed assets -€1,530

    down €1,530 (-61.0%), from €2,509 to €979

    of which Furniture and vehicles: -€1,275

  • Deferred charges and accrued income -€372

    no longer reported in 2025 (was €372)

Equity and liabilities
  • Profit (loss) carried forward +€10,308

    up €10,308 (+21.4%), from -€48,154 to -€37,846

  • Other debts -€9,815

    down €9,815 (-48.8%), from €20,114 to €10,300

  • Short-term financial debts -€7,928

    no longer reported in 2025 (was €7,928)

  • Trade debts +€4,902

    new in 2025: €4,902

  • Current portion of long-term debt +€4,336

    new in 2025: €4,336

Income statement
  • Gross operating margin +€5,153

    up €5,153 (+48.6%), from €10,605 to €15,758

  • Financial charges -€4,323

    down €4,323 (-57.3%), from €7,549 to €3,226

  • Depreciation -€459

    down €459 (-23.1%), from €1,989 to €1,530

  • Staff costs -€400

    no longer reported in 2025 (was €400)

  • Other operating charges -€306

    down €306 (-36.7%), from €834 to €527

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€248
Gross operating margin +€5,153
Staff costs +€400
Depreciation +€459
Other operating charges +€306
Financial charges +€4,323
Taxes -€86
Result 2025 €10,308

Cash bridge derived

cash 2024 to 2025

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.

From operations +€8,481
Investment €0
Financing -€3,592
Cash 2024 €1,833
Net result for the year +€10,308
Depreciation +€1,530
Deferred charges and accrued income +€372
Trade debts +€4,902
Tax, wage and social debts +€2,095
Other debts -€9,815
Accrued charges and deferred income -€911
Current portion of long-term debt +€4,336
Short-term financial debts -€7,928
Cash 2025 €6,723
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €4,714 €7,702 +€2,988 +63.4%
Fixed assets 21/28 €2,509 €979 -€1,530 -61.0%
Tangible fixed assets 22/27 €2,509 €979 -€1,530 -61.0%
Plant, machinery and equipment 23 €861 €606 -€255 -29.6%
Furniture and vehicles 24 €1,648 €373 -€1,275 -77.4%
Current assets 29/58 €2,205 €6,723 +€4,518 +204.9%
Cash at bank and in hand 54/58 €1,833 €6,723 +€4,890 +266.8%
Deferred charges and accrued income 490/1 €372 - -€372
Total equity and liabilities 10/49 €4,714 €7,702 +€2,988 +63.4%
Equity 10/15 -€28,294 -€17,986 +€10,308 +36.4%
Contributions 10/11 €18,000 €18,000 = 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 -€48,154 -€37,846 +€10,308 +21.4%
Amounts payable 17/49 €33,007 €25,687 -€7,320 -22.2%
Amounts payable within one year 42/48 €32,096 €25,687 -€6,409 -20.0%
Current portion of amounts payable after more than one year 42 - €4,336 +€4,336
Financial debts 43 €7,928 - -€7,928
Credit institutions 430/8 €7,928 - -€7,928
Trade debts 44 - €4,902 +€4,902
Suppliers 440/4 - €4,902 +€4,902
Taxes, remuneration and social security 45 €4,054 €6,149 +€2,095 +51.7%
Taxes 450/3 €4,054 €6,149 +€2,095 +51.7%
Other amounts payable 47/48 €20,114 €10,300 -€9,815 -48.8%
Accrued charges and deferred income 492/3 €911 - -€911
Non-recurring operating income 76A €1,240 - -€1,240
Remuneration, social security and pensions 62 €400 - -€400
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,989 €1,530 -€459 -23.1%
Other operating charges 640/8 €834 €527 -€306 -36.7%
Gross operating margin 9900 €10,605 €15,758 +€5,153 +48.6%
Operating profit (loss) 9901 €7,382 €13,700 +€6,318 +85.6%
Financial charges 65/66B €7,549 €3,226 -€4,323 -57.3%
Recurring financial charges 65 €7,549 €3,226 -€4,323 -57.3%
Profit (loss) for the period before taxes 9903 -€168 €10,474 +€10,641
Income taxes 67/77 €80 €166 +€86 +107.2%
Profit (loss) for the period 9904 -€248 €10,308 +€10,556
Profit (loss) for the period to be appropriated 9905 -€248 €10,308 +€10,556

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 30 September 2026 via checked.be.