RHEVOLVE: 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.
RHEVOLVE
Largest movements
- Tangible fixed assets -€21,389
down €21,389 (-18.3%), from €117,187 to €95,798
of which Furniture and vehicles: -€15,256
- Cash +€13,751
up €13,751, from €0 to €13,751
mainly Depreciation (+€23,931) and Net result for the year (+€18,396)
- Deferred charges and accrued income +€1,944
up €1,944 (+862.0%), from €226 to €2,170
- Debts after one year -€22,679
down €22,679 (-28.9%), from €78,494 to €55,816
- Profit (loss) carried forward +€18,396
up €18,396 (+34.5%), from -€53,331 to -€34,934
- Other debts -€2,589
no longer reported in 2025 (was €2,589)
- Short-term financial debts -€2,168
no longer reported in 2025 (was €2,168)
- Tax, wage and social debts +€1,629
up €1,629 (+28.9%), from €5,646 to €7,275
- Gross operating margin +€74,323
up €74,323, from -€25,242 to €49,081
- Financial charges -€1,040
down €1,040 (-16.4%), from €6,357 to €5,317
- Other operating charges +€585
up €585 (+97.6%), from €600 to €1,185
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 | €117,433 | €111,719 | -€5,715 | -4.9% |
| Fixed assets | 21/28 | €117,187 | €95,798 | -€21,389 | -18.3% |
| Tangible fixed assets | 22/27 | €117,187 | €95,798 | -€21,389 | -18.3% |
| Land and buildings | 22 | €31,365 | €27,611 | -€3,754 | -12.0% |
| Plant, machinery and equipment | 23 | €18,832 | €16,453 | -€2,379 | -12.6% |
| Furniture and vehicles | 24 | €66,990 | €51,734 | -€15,256 | -22.8% |
| Current assets | 29/58 | €246 | €15,921 | +€15,674 | +6361.9% |
| Amounts receivable within one year | 40/41 | €21 | - | -€21 | |
| Trade receivables | 40 | €21 | - | -€21 | |
| Cash at bank and in hand | 54/58 | €0 | €13,751 | +€13,751 | |
| Deferred charges and accrued income | 490/1 | €226 | €2,170 | +€1,944 | +862.0% |
| Total equity and liabilities | 10/49 | €117,433 | €111,719 | -€5,715 | -4.9% |
| Equity | 10/15 | €6,806 | €25,202 | +€18,396 | +270.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €47,737 | €47,737 | = | 0.0% |
| Non-distributable reserves | 130/1 | €37 | €37 | = | 0.0% |
| Other | 1319 | €37 | €37 | = | 0.0% |
| Distributable reserves | 133 | €47,700 | €47,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,331 | -€34,934 | +€18,396 | +34.5% |
| Amounts payable | 17/49 | €110,627 | €86,516 | -€24,111 | -21.8% |
| Amounts payable after more than one year | 17 | €78,494 | €55,816 | -€22,679 | -28.9% |
| Financial debts | 170/4 | €78,494 | €55,816 | -€22,679 | -28.9% |
| Amounts payable within one year | 42/48 | €32,133 | €30,701 | -€1,432 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €21,730 | €22,679 | +€949 | +4.4% |
| Financial debts | 43 | €2,168 | - | -€2,168 | |
| Credit institutions | 430/8 | €2,168 | - | -€2,168 | |
| Trade debts | 44 | - | €747 | +€747 | |
| Suppliers | 440/4 | - | €747 | +€747 | |
| Taxes, remuneration and social security | 45 | €5,646 | €7,275 | +€1,629 | +28.9% |
| Taxes | 450/3 | €5,646 | €7,275 | +€1,629 | +28.9% |
| Other amounts payable | 47/48 | €2,589 | - | -€2,589 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,143 | €23,931 | -€212 | -0.9% |
| Other operating charges | 640/8 | €600 | €1,185 | +€585 | +97.6% |
| Gross operating margin | 9900 | -€25,242 | €49,081 | +€74,323 | |
| Operating profit (loss) | 9901 | -€49,985 | €23,965 | +€73,950 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €6,357 | €5,317 | -€1,040 | -16.4% |
| Recurring financial charges | 65 | €6,357 | €5,317 | -€1,040 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€56,339 | €18,648 | +€74,987 | |
| Income taxes | 67/77 | €274 | €252 | -€22 | -8.0% |
| Profit (loss) for the period | 9904 | -€56,613 | €18,396 | +€75,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56,613 | €18,396 | +€75,009 |
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 5 October 2026 via checked.be.