R.V.: what changed
R.V.
Largest movements
- Cash -€14,854
down €14,854 (-69.8%), from €21,281 to €6,427
mainly Net result for the year (-€17,268) and Receivables within one year (-€5,354)
- Tangible fixed assets -€8,839
down €8,839 (-65.1%), from €13,575 to €4,736
of which Furniture and vehicles: -€5,320
- Receivables within one year +€5,354
up €5,354 (+53.9%), from €9,930 to €15,284
of which Trade receivables: +€4,847
- Reserves -€17,300
down €17,300 (-60.5%), from €28,600 to €11,300
- Debts after one year -€3,245
down €3,245 (-52.7%), from €6,162 to €2,916
- Tax, wage and social debts +€1,653
up €1,653 (+16.3%), from €10,143 to €11,795
of which Taxes: +€2,432
- Trade debts +€945
up €945 (+7.3%), from €12,916 to €13,861
- Gross operating margin -€38,448
down €38,448 (-51.9%), from €74,028 to €35,579
- Staff costs -€18,959
down €18,959 (-30.8%), from €61,586 to €42,627
- Financial charges -€2,439
down €2,439 (-76.1%), from €3,205 to €766
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,284 | €67,975 | -€18,309 | -21.2% |
| Fixed assets | 21/28 | €19,115 | €10,276 | -€8,839 | -46.2% |
| Tangible fixed assets | 22/27 | €13,575 | €4,736 | -€8,839 | -65.1% |
| Furniture and vehicles | 24 | €5,987 | €667 | -€5,320 | -88.9% |
| Leasing and similar rights | 25 | €7,588 | €4,069 | -€3,519 | -46.4% |
| Financial fixed assets | 28 | €5,540 | €5,540 | = | 0.0% |
| Current assets | 29/58 | €67,169 | €57,699 | -€9,470 | -14.1% |
| Amounts receivable after more than one year | 29 | €34,500 | €34,500 | = | 0.0% |
| Other amounts receivable | 291 | €34,500 | €34,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,930 | €15,284 | +€5,354 | +53.9% |
| Trade receivables | 40 | €7,984 | €12,831 | +€4,847 | +60.7% |
| Other amounts receivable | 41 | €1,946 | €2,453 | +€507 | +26.1% |
| Cash at bank and in hand | 54/58 | €21,281 | €6,427 | -€14,854 | -69.8% |
| Deferred charges and accrued income | 490/1 | €1,458 | €1,488 | +€30 | +2.0% |
| Total equity and liabilities | 10/49 | €86,284 | €67,975 | -€18,309 | -21.2% |
| Equity | 10/15 | €53,425 | €36,157 | -€17,268 | -32.3% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €28,600 | €11,300 | -€17,300 | -60.5% |
| Distributable reserves | 133 | €28,600 | €11,300 | -€17,300 | -60.5% |
| Profit (loss) carried forward | 14 | €25 | €57 | +€33 | +131% |
| Amounts payable | 17/49 | €32,859 | €31,818 | -€1,042 | -3.2% |
| Amounts payable after more than one year | 17 | €6,162 | €2,916 | -€3,245 | -52.7% |
| Financial debts | 170/4 | €6,162 | €2,916 | -€3,245 | -52.7% |
| Amounts payable within one year | 42/48 | €26,698 | €28,901 | +€2,204 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €3,107 | €3,245 | +€138 | +4.4% |
| Trade debts | 44 | €12,916 | €13,861 | +€945 | +7.3% |
| Suppliers | 440/4 | €12,916 | €13,861 | +€945 | +7.3% |
| Taxes, remuneration and social security | 45 | €10,143 | €11,795 | +€1,653 | +16.3% |
| Taxes | 450/3 | €1,702 | €4,134 | +€2,432 | +143% |
| Remuneration and social security | 454/9 | €8,441 | €7,662 | -€779 | -9.2% |
| Other amounts payable | 47/48 | €532 | €0 | -€532 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €61,586 | €42,627 | -€18,959 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,747 | €3,939 | +€193 | +5.1% |
| Other operating charges | 640/8 | €4,447 | €5,142 | +€695 | +15.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €74,028 | €35,579 | -€38,448 | -51.9% |
| Operating profit (loss) | 9901 | €4,248 | -€16,129 | -€20,377 | |
| Financial income | 75/76B | €0 | €3 | +€2 | +1,138% |
| Recurring financial income | 75 | €0 | €3 | +€2 | +1,138% |
| Financial charges | 65/66B | €3,205 | €766 | -€2,439 | -76.1% |
| Recurring financial charges | 65 | €3,205 | €766 | -€2,439 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €1,043 | -€16,892 | -€17,936 | |
| Income taxes | 67/77 | €342 | €375 | +€33 | +9.7% |
| Profit (loss) for the period | 9904 | €701 | -€17,268 | -€17,969 | |
| Profit (loss) for the period to be appropriated | 9905 | €701 | -€17,268 | -€17,969 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.