RDV-CONSTRUCT: 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-CONSTRUCT
Largest movements
- Receivables within one year +€29,034
up €29,034 (+90.1%), from €32,234 to €61,269
of which Trade receivables: +€34,588
- Cash -€14,154
down €14,154 (-60.6%), from €23,347 to €9,193
mainly Receivables within one year (-€29,034) and Tax, wage and social debts (-€8,696)
- Deferred charges and accrued income +€4,911
up €4,911 (+152%), from €3,222 to €8,134
- Trade debts +€24,969
up €24,969 (+517%), from €4,828 to €29,797
- Tax, wage and social debts -€8,696
down €8,696 (-52.1%), from €16,704 to €8,007
of which Taxes: -€6,274
- Reserves +€4,049
up €4,049 (+9.5%), from €42,702 to €46,751
- Gross operating margin -€43,687
down €43,687 (-82.7%), from €52,823 to €9,137
- Taxes -€9,993
down €9,993 (-87.9%), from €11,363 to €1,370
- Depreciation +€1,435
up €1,435 (+293%), from €490 to €1,926
- Financial charges +€1,053
up €1,053 (+372%), from €283 to €1,337
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 | €64,733 | €85,056 | +€20,323 | +31.4% |
| Fixed assets | 21/28 | €5,930 | €6,460 | +€531 | +9.0% |
| Tangible fixed assets | 22/27 | €5,930 | €6,460 | +€531 | +9.0% |
| Plant, machinery and equipment | 23 | €4,993 | €713 | -€4,280 | -85.7% |
| Furniture and vehicles | 24 | €937 | €5,747 | +€4,811 | +514% |
| Current assets | 29/58 | €58,803 | €78,595 | +€19,792 | +33.7% |
| Amounts receivable within one year | 40/41 | €32,234 | €61,269 | +€29,034 | +90.1% |
| Trade receivables | 40 | €22,239 | €56,827 | +€34,588 | +156% |
| Other amounts receivable | 41 | €9,995 | €4,442 | -€5,553 | -55.6% |
| Cash at bank and in hand | 54/58 | €23,347 | €9,193 | -€14,154 | -60.6% |
| Deferred charges and accrued income | 490/1 | €3,222 | €8,134 | +€4,911 | +152% |
| Total equity and liabilities | 10/49 | €64,733 | €85,056 | +€20,323 | +31.4% |
| Equity | 10/15 | €43,202 | €47,251 | +€4,049 | +9.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €42,702 | €46,751 | +€4,049 | +9.5% |
| Distributable reserves | 133 | €42,702 | €46,751 | +€4,049 | +9.5% |
| Amounts payable | 17/49 | €21,532 | €37,805 | +€16,273 | +75.6% |
| Amounts payable within one year | 42/48 | €21,532 | €37,805 | +€16,273 | +75.6% |
| Trade debts | 44 | €4,828 | €29,797 | +€24,969 | +517% |
| Suppliers | 440/4 | €4,828 | €29,797 | +€24,969 | +517% |
| Taxes, remuneration and social security | 45 | €16,704 | €8,007 | -€8,696 | -52.1% |
| Taxes | 450/3 | €11,432 | €5,157 | -€6,274 | -54.9% |
| Remuneration and social security | 454/9 | €5,272 | €2,850 | -€2,422 | -45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €1,926 | +€1,435 | +293% |
| Other operating charges | 640/8 | €525 | €729 | +€204 | +38.8% |
| Gross operating margin | 9900 | €52,823 | €9,137 | -€43,687 | -82.7% |
| Operating profit (loss) | 9901 | €51,808 | €6,482 | -€45,326 | -87.5% |
| Financial income | 75/76B | €223 | €274 | +€51 | +23.1% |
| Recurring financial income | 75 | €223 | €274 | +€51 | +23.1% |
| Financial charges | 65/66B | €283 | €1,337 | +€1,053 | +372% |
| Recurring financial charges | 65 | €283 | €1,337 | +€1,053 | +372% |
| Profit (loss) for the period before taxes | 9903 | €51,747 | €5,419 | -€46,328 | -89.5% |
| Income taxes | 67/77 | €11,363 | €1,370 | -€9,993 | -87.9% |
| Profit (loss) for the period | 9904 | €40,385 | €4,049 | -€36,335 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,385 | €4,049 | -€36,335 | -90.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.