Real Value Group: 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.
Real Value Group
Largest movements
- Cash +€81,371
up €81,371 (+321%), from €25,335 to €106,706
mainly Trade debts (+€86,463) and Net result for the year (+€35,148)
- Receivables within one year +€46,994
up €46,994 (+208%), from €22,644 to €69,639
of which Trade receivables: +€37,943
- Trade debts +€86,463
up €86,463 (+237%), from €36,446 to €122,909
- Reserves +€35,148
up €35,148 (+7,859%), from €447 to €35,596
- Tax, wage and social debts +€8,958
up €8,958 (+8,012%), from €112 to €9,070
- Gross operating margin +€36,578
up €36,578 (+456%), from €8,024 to €44,602
- Taxes +€8,846
up €8,846 (+7,912%), from €112 to €8,958
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 | €50,296 | €180,253 | +€129,957 | +258% |
| Current assets | 29/58 | €50,296 | €180,253 | +€129,957 | +258% |
| Amounts receivable within one year | 40/41 | €22,644 | €69,639 | +€46,994 | +208% |
| Trade receivables | 40 | €14,600 | €52,543 | +€37,943 | +260% |
| Other amounts receivable | 41 | €8,044 | €17,096 | +€9,051 | +113% |
| Cash at bank and in hand | 54/58 | €25,335 | €106,706 | +€81,371 | +321% |
| Deferred charges and accrued income | 490/1 | €2,316 | €3,909 | +€1,592 | +68.7% |
| Total equity and liabilities | 10/49 | €50,296 | €180,253 | +€129,957 | +258% |
| Equity | 10/15 | €10,447 | €45,596 | +€35,148 | +336% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €447 | €35,596 | +€35,148 | +7,859% |
| Distributable reserves | 133 | €447 | €35,596 | +€35,148 | +7,859% |
| Amounts payable | 17/49 | €39,849 | €134,658 | +€94,809 | +238% |
| Amounts payable within one year | 42/48 | €36,558 | €131,979 | +€95,421 | +261% |
| Trade debts | 44 | €36,446 | €122,909 | +€86,463 | +237% |
| Suppliers | 440/4 | €36,446 | €122,909 | +€86,463 | +237% |
| Taxes, remuneration and social security | 45 | €112 | €9,070 | +€8,958 | +8,012% |
| Taxes | 450/3 | €112 | €9,070 | +€8,958 | +8,012% |
| Accrued charges and deferred income | 492/3 | €3,291 | €2,679 | -€612 | -18.6% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €8,024 | €44,602 | +€36,578 | +456% |
| Operating profit (loss) | 9901 | €8,024 | €44,202 | +€36,179 | +451% |
| Financial charges | 65/66B | €45 | €96 | +€51 | +113% |
| Recurring financial charges | 65 | €45 | €96 | +€51 | +113% |
| Profit (loss) for the period before taxes | 9903 | €7,979 | €44,107 | +€36,128 | +453% |
| Income taxes | 67/77 | €112 | €8,958 | +€8,846 | +7,912% |
| Profit (loss) for the period | 9904 | €7,867 | €35,148 | +€27,281 | +347% |
| Profit (loss) for the period to be appropriated | 9905 | €7,867 | €35,148 | +€27,281 | +347% |
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 20 October 2026 via checked.be.