RCVI: 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.
RCVI
Largest movements
- Tangible fixed assets +€7,668
up €7,668 (+200.7%), from €3,820 to €11,488
of which Furniture and vehicles: +€4,971
- Cash -€7,581
down €7,581 (-12.0%), from €63,006 to €55,425
mainly Investment in fixed assets (net) (-€10,322) and Tax, wage and social debts (-€7,613)
- Receivables within one year -€5,020
down €5,020 (-30.6%), from €16,411 to €11,391
of which Other amounts receivable: -€6,145
- Tax, wage and social debts -€7,613
down €7,613 (-41.2%), from €18,500 to €10,886
of which Taxes: -€5,613
- Trade debts +€3,711
new in 2025: €3,711
- Profit (loss) carried forward -€1,268
new in 2025: -€1,268
- Gross operating margin -€23,928
down €23,928 (-83.7%), from €28,596 to €4,668
- Taxes -€5,063
down €5,063 (-75.0%), from €6,749 to €1,686
- Write-downs -€3,477
no longer reported in 2025 (was €3,477)
- Depreciation +€2,077
up €2,077 (+359.9%), from €577 to €2,654
- Financial income -€379
down €379 (-39.9%), from €949 to €570
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 | €83,237 | €78,304 | -€4,933 | -5.9% |
| Fixed assets | 21/28 | €3,820 | €11,488 | +€7,668 | +200.7% |
| Tangible fixed assets | 22/27 | €3,820 | €11,488 | +€7,668 | +200.7% |
| Plant, machinery and equipment | 23 | €936 | €3,875 | +€2,939 | +313.9% |
| Furniture and vehicles | 24 | €1,000 | €5,971 | +€4,971 | +497.2% |
| Other tangible fixed assets | 26 | €1,884 | €1,642 | -€242 | -12.8% |
| Current assets | 29/58 | €79,417 | €66,816 | -€12,601 | -15.9% |
| Amounts receivable within one year | 40/41 | €16,411 | €11,391 | -€5,020 | -30.6% |
| Trade receivables | 40 | €9,292 | €10,417 | +€1,126 | +12.1% |
| Other amounts receivable | 41 | €7,119 | €974 | -€6,145 | -86.3% |
| Cash at bank and in hand | 54/58 | €63,006 | €55,425 | -€7,581 | -12.0% |
| Total equity and liabilities | 10/49 | €83,237 | €78,304 | -€4,933 | -5.9% |
| Equity | 10/15 | €63,540 | €62,271 | -€1,268 | -2.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,340 | €57,340 | = | 0.0% |
| Distributable reserves | 133 | €57,340 | €57,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,268 | -€1,268 | |
| Amounts payable | 17/49 | €19,697 | €16,033 | -€3,665 | -18.6% |
| Amounts payable within one year | 42/48 | €19,697 | €16,033 | -€3,665 | -18.6% |
| Trade debts | 44 | - | €3,711 | +€3,711 | |
| Suppliers | 440/4 | - | €3,711 | +€3,711 | |
| Taxes, remuneration and social security | 45 | €18,500 | €10,886 | -€7,613 | -41.2% |
| Taxes | 450/3 | €7,300 | €1,686 | -€5,613 | -76.9% |
| Remuneration and social security | 454/9 | €11,200 | €9,200 | -€2,000 | -17.9% |
| Other amounts payable | 47/48 | €1,198 | €1,435 | +€238 | +19.9% |
| Remuneration, social security and pensions | 62 | €723 | €401 | -€323 | -44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €577 | €2,654 | +€2,077 | +359.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,477 | - | -€3,477 | |
| Other operating charges | 640/8 | €937 | €1,288 | +€351 | +37.5% |
| Gross operating margin | 9900 | €28,596 | €4,668 | -€23,928 | -83.7% |
| Operating profit (loss) | 9901 | €22,882 | €326 | -€22,556 | -98.6% |
| Financial income | 75/76B | €949 | €570 | -€379 | -39.9% |
| Recurring financial income | 75 | €949 | €570 | -€379 | -39.9% |
| Financial charges | 65/66B | €148 | €477 | +€329 | +222.6% |
| Recurring financial charges | 65 | €148 | €477 | +€329 | +222.6% |
| Profit (loss) for the period before taxes | 9903 | €23,683 | €418 | -€23,265 | -98.2% |
| Income taxes | 67/77 | €6,749 | €1,686 | -€5,063 | -75.0% |
| Profit (loss) for the period | 9904 | €16,933 | -€1,268 | -€18,202 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,933 | -€1,268 | -€18,202 |
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 6 October 2026 via checked.be.