RDVConstruct: 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.
RDVConstruct
Largest movements
- Receivables within one year +€67,287
up €67,287 (+59.2%), from €113,738 to €181,025
of which Trade receivables: +€41,092
- Tangible fixed assets -€13,935
down €13,935 (-48.9%), from €28,517 to €14,582
of which Furniture and vehicles: -€10,704
- Trade debts +€28,240
up €28,240 (+85.0%), from €33,214 to €61,455
- Other debts +€18,649
up €18,649 (+3,807%), from €490 to €19,139
- Tax, wage and social debts +€16,333
up €16,333 (+266%), from €6,150 to €22,483
of which Taxes: +€16,733
- Reserves -€12,418
down €12,418 (-14.6%), from €84,893 to €72,475
- Profit (loss) carried forward +€8,140
no longer reported in 2025 (was -€8,140)
- Gross operating margin +€27,127
up €27,127 (+304%), from €8,918 to €36,044
- Taxes +€2,956
up €2,956 (+3,124%), from €95 to €3,051
- Other operating charges +€1,160
up €1,160 (+295%), from €393 to €1,553
- Depreciation -€1,022
down €1,022 (-6.8%), from €14,958 to €13,935
- Financial charges +€801
up €801 (+49.7%), from €1,613 to €2,414
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,556 | €197,012 | +€53,456 | +37.2% |
| Fixed assets | 21/28 | €29,817 | €15,882 | -€13,935 | -46.7% |
| Tangible fixed assets | 22/27 | €28,517 | €14,582 | -€13,935 | -48.9% |
| Plant, machinery and equipment | 23 | €3,526 | €671 | -€2,855 | -81.0% |
| Furniture and vehicles | 24 | €23,970 | €13,266 | -€10,704 | -44.7% |
| Other tangible fixed assets | 26 | €1,022 | €645 | -€376 | -36.8% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €113,738 | €181,130 | +€67,392 | +59.3% |
| Amounts receivable within one year | 40/41 | €113,738 | €181,025 | +€67,287 | +59.2% |
| Trade receivables | 40 | €44,186 | €85,278 | +€41,092 | +93.0% |
| Other amounts receivable | 41 | €69,553 | €95,747 | +€26,195 | +37.7% |
| Deferred charges and accrued income | 490/1 | - | €105 | +€105 | |
| Total equity and liabilities | 10/49 | €143,556 | €197,012 | +€53,456 | +37.2% |
| Equity | 10/15 | €80,753 | €76,475 | -€4,278 | -5.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €84,893 | €72,475 | -€12,418 | -14.6% |
| Distributable reserves | 133 | €84,893 | €72,475 | -€12,418 | -14.6% |
| Profit (loss) carried forward | 14 | -€8,140 | - | +€8,140 | |
| Amounts payable | 17/49 | €62,803 | €120,537 | +€57,734 | +91.9% |
| Amounts payable after more than one year | 17 | €13,188 | €5,784 | -€7,405 | -56.1% |
| Financial debts | 170/4 | €13,188 | €5,784 | -€7,405 | -56.1% |
| Amounts payable within one year | 42/48 | €49,615 | €114,753 | +€65,139 | +131% |
| Current portion of amounts payable after more than one year | 42 | €7,205 | €7,405 | +€199 | +2.8% |
| Financial debts | 43 | €2,555 | €4,272 | +€1,717 | +67.2% |
| Credit institutions | 430/8 | €2,555 | €4,272 | +€1,717 | +67.2% |
| Trade debts | 44 | €33,214 | €61,455 | +€28,240 | +85.0% |
| Suppliers | 440/4 | €33,214 | €61,455 | +€28,240 | +85.0% |
| Taxes, remuneration and social security | 45 | €6,150 | €22,483 | +€16,333 | +266% |
| Taxes | 450/3 | €5,750 | €22,483 | +€16,733 | +291% |
| Remuneration and social security | 454/9 | €400 | - | -€400 | |
| Other amounts payable | 47/48 | €490 | €19,139 | +€18,649 | +3,807% |
| Remuneration, social security and pensions | 62 | - | €230 | +€230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,958 | €13,935 | -€1,022 | -6.8% |
| Other operating charges | 640/8 | €393 | €1,553 | +€1,160 | +295% |
| Gross operating margin | 9900 | €8,918 | €36,044 | +€27,127 | +304% |
| Operating profit (loss) | 9901 | -€6,433 | €20,327 | +€26,759 | |
| Financial charges | 65/66B | €1,613 | €2,414 | +€801 | +49.7% |
| Recurring financial charges | 65 | €1,613 | €2,414 | +€801 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,046 | €17,912 | +€25,958 | |
| Income taxes | 67/77 | €95 | €3,051 | +€2,956 | +3,124% |
| Profit (loss) for the period | 9904 | -€8,140 | €14,861 | +€23,002 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,140 | €14,861 | +€23,002 |
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 18 October 2026 via checked.be.