VAN RAVESTYN: 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.
VAN RAVESTYN
Largest movements
- Tangible fixed assets +€23,523
up €23,523 (+216.4%), from €10,873 to €34,396
of which Furniture and vehicles: +€26,523
- Cash +€4,353
up €4,353 (+10.7%), from €40,648 to €45,001
mainly Debts after one year (+€14,700) and Net result for the year (+€7,462)
- Receivables within one year +€4,230
up €4,230 (+40.5%), from €10,448 to €14,678
of which Trade receivables: +€9,530
- Intangible fixed assets +€2,684
new in 2025: €2,684
- Debts after one year +€14,700
new in 2025: €14,700
- Trade debts +€6,332
up €6,332 (+95.7%), from €6,616 to €12,948
- Reserves +€5,026
up €5,026 (+13.7%), from €36,774 to €41,800
of which Distributable reserves: +€5,026
- Current portion of long-term debt +€3,771
new in 2025: €3,771
- Profit (loss) carried forward +€2,436
up €2,436, from -€2,436 to €0
- Gross operating margin +€11,797
up €11,797 (+143.6%), from €8,216 to €20,013
- Depreciation +€2,986
up €2,986 (+87.1%), from €3,429 to €6,416
- Taxes +€2,297
up €2,297 (+275.5%), from €834 to €3,131
- Other operating charges +€813
up €813 (+135.4%), from €601 to €1,414
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 | €62,219 | €97,010 | +€34,791 | +55.9% |
| Fixed assets | 21/28 | €10,873 | €37,081 | +€26,208 | +241.0% |
| Intangible fixed assets | 21 | - | €2,684 | +€2,684 | |
| Tangible fixed assets | 22/27 | €10,873 | €34,396 | +€23,523 | +216.4% |
| Plant, machinery and equipment | 23 | €9,444 | €6,444 | -€3,000 | -31.8% |
| Furniture and vehicles | 24 | €1,429 | €27,953 | +€26,523 | +1856.1% |
| Current assets | 29/58 | €51,346 | €59,929 | +€8,583 | +16.7% |
| Stocks and contracts in progress | 3 | €250 | €250 | = | 0.0% |
| Stocks | 30/36 | €250 | €250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,448 | €14,678 | +€4,230 | +40.5% |
| Trade receivables | 40 | €5,025 | €14,556 | +€9,530 | +189.7% |
| Other amounts receivable | 41 | €5,423 | €122 | -€5,301 | -97.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €40,648 | €45,001 | +€4,353 | +10.7% |
| Total equity and liabilities | 10/49 | €62,219 | €97,010 | +€34,791 | +55.9% |
| Equity | 10/15 | €52,938 | €60,400 | +€7,462 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,774 | €41,800 | +€5,026 | +13.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €34,914 | €39,940 | +€5,026 | +14.4% |
| Profit (loss) carried forward | 14 | -€2,436 | €0 | +€2,436 | |
| Amounts payable | 17/49 | €9,281 | €36,610 | +€27,329 | +294.5% |
| Amounts payable after more than one year | 17 | - | €14,700 | +€14,700 | |
| Financial debts | 170/4 | - | €14,700 | +€14,700 | |
| Amounts payable within one year | 42/48 | €9,281 | €21,910 | +€12,629 | +136.1% |
| Current portion of amounts payable after more than one year | 42 | - | €3,771 | +€3,771 | |
| Trade debts | 44 | €6,616 | €12,948 | +€6,332 | +95.7% |
| Suppliers | 440/4 | €6,616 | €12,948 | +€6,332 | +95.7% |
| Taxes, remuneration and social security | 45 | €834 | €3,131 | +€2,297 | +275.5% |
| Taxes | 450/3 | €834 | €3,131 | +€2,297 | +275.5% |
| Other amounts payable | 47/48 | €1,831 | €2,060 | +€229 | +12.5% |
| Non-recurring operating income | 76A | - | €1,074 | +€1,074 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,429 | €6,416 | +€2,986 | +87.1% |
| Other operating charges | 640/8 | €601 | €1,414 | +€813 | +135.4% |
| Gross operating margin | 9900 | €8,216 | €20,013 | +€11,797 | +143.6% |
| Operating profit (loss) | 9901 | €4,186 | €12,184 | +€7,997 | +191.0% |
| Financial income | 75/76B | €89 | €119 | +€30 | +34.1% |
| Recurring financial income | 75 | €89 | €119 | +€30 | +34.1% |
| Financial charges | 65/66B | €1,517 | €1,710 | +€193 | +12.7% |
| Recurring financial charges | 65 | €1,517 | €1,710 | +€193 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €2,758 | €10,593 | +€7,835 | +284.1% |
| Income taxes | 67/77 | €834 | €3,131 | +€2,297 | +275.5% |
| Profit (loss) for the period | 9904 | €1,924 | €7,462 | +€5,537 | +287.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,924 | €7,462 | +€5,537 | +287.8% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.