RDV.: 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.
RDV.
Largest movements
- Tangible fixed assets -€23,746
down €23,746 (-11.8%), from €201,596 to €177,850
- Deferred charges and accrued income +€3,950
up €3,950 (+21.9%), from €18,000 to €21,950
- Profit (loss) carried forward -€20,092
down €20,092 (-24.1%), from -€83,541 to -€103,633
- Other debts -€7,025
down €7,025 (-100%), from €7,025 to €0
- Trade debts +€6,499
up €6,499 (+23.4%), from €27,818 to €34,317
- Gross operating margin -€22,169
down €22,169 (-67.0%), from €33,098 to €10,930
- Other operating charges -€8,552
down €8,552 (-57.5%), from €14,875 to €6,323
- Financial charges +€812
up €812 (+578%), from €141 to €952
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.
Derived cash bridge
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 | €331,409 | €311,127 | -€20,282 | -6.1% |
| Fixed assets | 21/28 | €201,596 | €177,850 | -€23,746 | -11.8% |
| Tangible fixed assets | 22/27 | €201,596 | €177,850 | -€23,746 | -11.8% |
| Land and buildings | 22 | €201,596 | €177,850 | -€23,746 | -11.8% |
| Current assets | 29/58 | €129,813 | €133,278 | +€3,465 | +2.7% |
| Amounts receivable within one year | 40/41 | €111,075 | €111,202 | +€126 | +0.1% |
| Trade receivables | 40 | €23,680 | €15,547 | -€8,133 | -34.3% |
| Other amounts receivable | 41 | €87,396 | €95,655 | +€8,259 | +9.4% |
| Cash at bank and in hand | 54/58 | €738 | €126 | -€611 | -82.9% |
| Deferred charges and accrued income | 490/1 | €18,000 | €21,950 | +€3,950 | +21.9% |
| Total equity and liabilities | 10/49 | €331,409 | €311,127 | -€20,282 | -6.1% |
| Equity | 10/15 | €296,459 | €276,367 | -€20,092 | -6.8% |
| Contributions | 10/11 | €380,000 | €380,000 | = | 0.0% |
| Capital | 10 | €380,000 | €380,000 | = | 0.0% |
| Issued capital | 100 | €380,000 | €380,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,541 | -€103,633 | -€20,092 | -24.1% |
| Amounts payable | 17/49 | €34,950 | €34,760 | -€190 | -0.5% |
| Amounts payable within one year | 42/48 | €34,950 | €34,321 | -€629 | -1.8% |
| Trade debts | 44 | €27,818 | €34,317 | +€6,499 | +23.4% |
| Suppliers | 440/4 | €27,818 | €34,317 | +€6,499 | +23.4% |
| Taxes, remuneration and social security | 45 | €107 | €4 | -€103 | -96.1% |
| Taxes | 450/3 | €107 | €4 | -€103 | -96.1% |
| Other amounts payable | 47/48 | €7,025 | €0 | -€7,025 | -100% |
| Accrued charges and deferred income | 492/3 | - | €439 | +€439 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,746 | €23,746 | +€0 | 0.0% |
| Other operating charges | 640/8 | €14,875 | €6,323 | -€8,552 | -57.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €33,098 | €10,930 | -€22,169 | -67.0% |
| Operating profit (loss) | 9901 | -€5,523 | -€19,139 | -€13,616 | -247% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €141 | €952 | +€812 | +578% |
| Recurring financial charges | 65 | €141 | €952 | +€812 | +578% |
| Profit (loss) for the period before taxes | 9903 | -€5,664 | -€20,092 | -€14,428 | -255% |
| Income taxes | 67/77 | €4 | €0 | -€4 | -100% |
| Profit (loss) for the period | 9904 | -€5,668 | -€20,092 | -€14,424 | -254% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,668 | -€20,092 | -€14,424 | -254% |
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 23 October 2026 via checked.be.