REYVECO ENGINEERING: 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.
REYVECO ENGINEERING
Largest movements
- Receivables within one year +€38,349
up €38,349 (+11.3%), from €340,834 to €379,183
of which Other amounts receivable: +€20,931
- Tangible fixed assets -€28,786
down €28,786 (-10.2%), from €282,774 to €253,988
of which Furniture and vehicles: -€26,891
- Cash +€26,503
up €26,503 (+120%), from €22,160 to €48,663
mainly Trade debts (+€69,172) and Depreciation (+€63,702)
- Trade debts +€69,172
up €69,172 (+37.8%), from €182,995 to €252,168
- Tax, wage and social debts +€52,470
up €52,470 (+40.8%), from €128,551 to €181,021
- Debts after one year -€29,846
down €29,846 (-22.1%), from €135,116 to €105,270
- Current portion of long-term debt -€23,756
down €23,756 (-38.7%), from €61,310 to €37,553
- Accrued charges and deferred income -€14,714
down €14,714 (-98.0%), from €15,012 to €298
- Depreciation +€19,394
up €19,394 (+43.8%), from €44,308 to €63,702
- Financial charges +€1,619
up €1,619 (+22.5%), from €7,209 to €8,828
- Taxes +€1,069
up €1,069 (+7.3%), from €14,685 to €15,755
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 | €654,970 | €692,276 | +€37,306 | +5.7% |
| Fixed assets | 21/28 | €282,774 | €253,988 | -€28,786 | -10.2% |
| Tangible fixed assets | 22/27 | €282,774 | €253,988 | -€28,786 | -10.2% |
| Land and buildings | 22 | €82,566 | €91,940 | +€9,374 | +11.4% |
| Plant, machinery and equipment | 23 | €21,385 | €16,449 | -€4,935 | -23.1% |
| Furniture and vehicles | 24 | €126,935 | €100,044 | -€26,891 | -21.2% |
| Other tangible fixed assets | 26 | €51,888 | €45,555 | -€6,333 | -12.2% |
| Current assets | 29/58 | €372,196 | €438,288 | +€66,092 | +17.8% |
| Amounts receivable within one year | 40/41 | €340,834 | €379,183 | +€38,349 | +11.3% |
| Trade receivables | 40 | €30,847 | €48,265 | +€17,418 | +56.5% |
| Other amounts receivable | 41 | €309,987 | €330,918 | +€20,931 | +6.8% |
| Cash at bank and in hand | 54/58 | €22,160 | €48,663 | +€26,503 | +120% |
| Deferred charges and accrued income | 490/1 | €9,202 | €10,442 | +€1,240 | +13.5% |
| Total equity and liabilities | 10/49 | €654,970 | €692,276 | +€37,306 | +5.7% |
| Equity | 10/15 | €8,060 | €8,060 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | €0 | €0 | = | |
| Amounts payable | 17/49 | €646,910 | €684,216 | +€37,306 | +5.8% |
| Amounts payable after more than one year | 17 | €135,116 | €105,270 | -€29,846 | -22.1% |
| Financial debts | 170/4 | €135,116 | €105,270 | -€29,846 | -22.1% |
| Amounts payable within one year | 42/48 | €496,783 | €578,648 | +€81,866 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €61,310 | €37,553 | -€23,756 | -38.7% |
| Trade debts | 44 | €182,995 | €252,168 | +€69,172 | +37.8% |
| Suppliers | 440/4 | €182,995 | €252,168 | +€69,172 | +37.8% |
| Advances received on contracts in progress | 46 | €63,113 | €60,607 | -€2,506 | -4.0% |
| Taxes, remuneration and social security | 45 | €128,551 | €181,021 | +€52,470 | +40.8% |
| Taxes | 450/3 | €128,551 | €181,021 | +€52,470 | +40.8% |
| Other amounts payable | 47/48 | €60,814 | €47,299 | -€13,515 | -22.2% |
| Accrued charges and deferred income | 492/3 | €15,012 | €298 | -€14,714 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,308 | €63,702 | +€19,394 | +43.8% |
| Other operating charges | 640/8 | €1,348 | €2,246 | +€898 | +66.6% |
| Gross operating margin | 9900 | €103,365 | €102,340 | -€1,024 | -1.0% |
| Operating profit (loss) | 9901 | €57,708 | €36,392 | -€21,316 | -36.9% |
| Financial income | 75/76B | €1 | €1 | -€0 | -6.8% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -6.8% |
| Financial charges | 65/66B | €7,209 | €8,828 | +€1,619 | +22.5% |
| Recurring financial charges | 65 | €7,209 | €8,828 | +€1,619 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €50,501 | €27,566 | -€22,935 | -45.4% |
| Income taxes | 67/77 | €14,685 | €15,755 | +€1,069 | +7.3% |
| Profit (loss) for the period | 9904 | €35,816 | €11,811 | -€24,005 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,816 | €11,811 | -€24,005 | -67.0% |
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 15 October 2026 via checked.be.