R-VARING: 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.
R-VARING
Largest movements
- Cash -€6
down €6 (-37.2%), from €16 to €10
mainly Net result for the year (-€744) and Trade debts (-€711)
- Other debts +€1,449
up €1,449 (+4.2%), from €34,209 to €35,659
- Profit (loss) carried forward -€744
down €744 (-1.2%), from -€60,192 to -€60,936
- Trade debts -€711
down €711 (-33.8%), from €2,102 to €1,391
- Gross operating margin +€5,772
up €5,772 (+93.9%), from -€6,149 to -€378
- Staff costs -€831
no longer reported in 2025 (was €831)
- Financial charges -€107
down €107 (-37.2%), from €287 to €180
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 | €16 | €10 | -€6 | -37.2% |
| Current assets | 29/58 | €16 | €10 | -€6 | -37.2% |
| Cash at bank and in hand | 54/58 | €16 | €10 | -€6 | -37.2% |
| Total equity and liabilities | 10/49 | €16 | €10 | -€6 | -37.2% |
| Equity | 10/15 | -€36,295 | -€37,039 | -€744 | -2.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €5,305 | €5,305 | = | 0.0% |
| Distributable reserves | 133 | €5,305 | €5,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,192 | -€60,936 | -€744 | -1.2% |
| Amounts payable | 17/49 | €36,311 | €37,049 | +€738 | +2.0% |
| Amounts payable within one year | 42/48 | €36,311 | €37,049 | +€738 | +2.0% |
| Trade debts | 44 | €2,102 | €1,391 | -€711 | -33.8% |
| Suppliers | 440/4 | €2,102 | €1,391 | -€711 | -33.8% |
| Other amounts payable | 47/48 | €34,209 | €35,659 | +€1,449 | +4.2% |
| Remuneration, social security and pensions | 62 | €831 | - | -€831 | |
| Other operating charges | 640/8 | €182 | €186 | +€4 | +2.1% |
| Gross operating margin | 9900 | -€6,149 | -€378 | +€5,772 | +93.9% |
| Operating profit (loss) | 9901 | -€7,163 | -€564 | +€6,599 | +92.1% |
| Financial charges | 65/66B | €287 | €180 | -€107 | -37.2% |
| Recurring financial charges | 65 | €287 | €180 | -€107 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,450 | -€744 | +€6,706 | +90.0% |
| Profit (loss) for the period | 9904 | -€7,450 | -€744 | +€6,706 | +90.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,450 | -€744 | +€6,706 | +90.0% |
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 10 October 2026 via checked.be.