RDVB: what changed
What changed
RDVB
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€22,307
2024 · €27,471-€5,164
Equity
€124,614
2024 · €102,306+€22,307
Cash
€25,398
2024 · €43,289-€17,891
Balance sheet total
€244,929
2024 · €241,475+€3,455
Largest movements
Assets
- Receivables within one year +€43,523
up €43,523 (+31.5%), from €138,293 to €181,816
of which Trade receivables: +€55,873
- Tangible fixed assets -€22,672
down €22,672 (-41.4%), from €54,725 to €32,052
of which Furniture and vehicles: -€21,341
- Cash -€17,891
down €17,891 (-41.3%), from €43,289 to €25,398
mainly Receivables within one year (-€43,523) and Trade debts (-€32,703)
Equity and liabilities
- Trade debts -€32,703
down €32,703 (-34.0%), from €96,145 to €63,443
- Profit (loss) carried forward +€22,307
up €22,307 (+23.7%), from €94,106 to €116,414
- Debts after one year +€14,668
up €14,668 (+6,373%), from €230 to €14,898
Income statement
- Purchases and services +€47,198
up €47,198 (+7.0%), from €670,896 to €718,094
- Turnover +€27,779
up €27,779 (+3.7%), from €747,883 to €775,662
- Gross operating margin -€19,992
down €19,992 (-24.9%), from €80,343 to €60,352
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.
Result 2024
€27,471
Gross operating margin
-€19,992
Staff costs
+€1,616
Depreciation
+€5,951
Other operating charges
+€2,257
Financial income
+€3,690
Financial charges
-€6,353
Taxes
+€7,668
Result 2025
€22,307
raises the resultlowers the result
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.
From operations
-€33,871
Investment
-€738
Financing
+€16,718
Cash 2024
€43,289
From operations (derived)
-€33,871
Net result for the year
+€22,307
Depreciation
+€23,411
Receivables within one year
-€43,523
Deferred charges and accrued income
-€495
Trade debts
-€32,703
Tax, wage and social debts
-€824
Other debts
-€2,044
Investment (derived)
-€738
Investment in fixed assets (net)
-€738
Financing
+€16,718
Debts after one year
+€14,668
Short-term financial debts
+€2,050
Cash 2025
€25,398
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,475 | €244,929 | +€3,455 | +1.4% |
| Fixed assets | 21/28 | €54,725 | €32,052 | -€22,672 | -41.4% |
| Tangible fixed assets | 22/27 | €54,725 | €32,052 | -€22,672 | -41.4% |
| Plant, machinery and equipment | 23 | €1,634 | €302 | -€1,332 | -81.5% |
| Furniture and vehicles | 24 | €53,091 | €31,750 | -€21,341 | -40.2% |
| Current assets | 29/58 | €186,750 | €212,877 | +€26,127 | +14.0% |
| Amounts receivable within one year | 40/41 | €138,293 | €181,816 | +€43,523 | +31.5% |
| Trade receivables | 40 | €123,538 | €179,411 | +€55,873 | +45.2% |
| Other amounts receivable | 41 | €14,755 | €2,405 | -€12,351 | -83.7% |
| Cash at bank and in hand | 54/58 | €43,289 | €25,398 | -€17,891 | -41.3% |
| Deferred charges and accrued income | 490/1 | €5,168 | €5,663 | +€495 | +9.6% |
| Total equity and liabilities | 10/49 | €241,475 | €244,929 | +€3,455 | +1.4% |
| Equity | 10/15 | €102,306 | €124,614 | +€22,307 | +21.8% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,106 | €116,414 | +€22,307 | +23.7% |
| Amounts payable | 17/49 | €139,168 | €120,315 | -€18,853 | -13.5% |
| Amounts payable after more than one year | 17 | €230 | €14,898 | +€14,668 | +6,373% |
| Financial debts | 170/4 | €230 | €14,898 | +€14,668 | +6,373% |
| Amounts payable within one year | 42/48 | €138,938 | €105,417 | -€33,521 | -24.1% |
| Financial debts | 43 | €4,268 | €6,318 | +€2,050 | +48.0% |
| Credit institutions | 430/8 | €4,268 | €6,318 | +€2,050 | +48.0% |
| Trade debts | 44 | €96,145 | €63,443 | -€32,703 | -34.0% |
| Suppliers | 440/4 | €96,145 | €63,443 | -€32,703 | -34.0% |
| Taxes, remuneration and social security | 45 | €23,285 | €22,461 | -€824 | -3.5% |
| Taxes | 450/3 | €23,285 | €22,461 | -€824 | -3.5% |
| Other amounts payable | 47/48 | €15,240 | €13,195 | -€2,044 | -13.4% |
| Turnover | 70 | €747,883 | €775,662 | +€27,779 | +3.7% |
| Non-recurring operating income | 76A | €3,356 | €2,784 | -€572 | -17.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €670,896 | €718,094 | +€47,198 | +7.0% |
| Remuneration, social security and pensions | 62 | €2,548 | €932 | -€1,616 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,362 | €23,411 | -€5,951 | -20.3% |
| Other operating charges | 640/8 | €3,700 | €1,442 | -€2,257 | -61.0% |
| Gross operating margin | 9900 | €80,343 | €60,352 | -€19,992 | -24.9% |
| Operating profit (loss) | 9901 | €44,734 | €34,567 | -€10,167 | -22.7% |
| Financial income | 75/76B | €30 | €3,720 | +€3,690 | +12,274% |
| Recurring financial income | 75 | €30 | €3,720 | +€3,690 | +12,274% |
| Financial charges | 65/66B | €763 | €7,116 | +€6,353 | +833% |
| Recurring financial charges | 65 | €763 | €7,116 | +€6,353 | +833% |
| Profit (loss) for the period before taxes | 9903 | €44,002 | €31,170 | -€12,831 | -29.2% |
| Income taxes | 67/77 | €16,531 | €8,863 | -€7,668 | -46.4% |
| Profit (loss) for the period | 9904 | €27,471 | €22,307 | -€5,164 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,471 | €22,307 | -€5,164 | -18.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.