RGIV IMMO: 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.
RGIV IMMO
Largest movements
- Stocks and contracts +€139,732
new in 2025: €139,732
- Cash -€50,951
down €50,951 (-89.7%), from €56,775 to €5,824
mainly Stocks and contracts (-€139,732) and Receivables within one year (-€42,658)
- Receivables within one year +€42,658
up €42,658 (+152.1%), from €28,052 to €70,709
of which Other amounts receivable: +€41,578
- Receivables after one year -€14,448
down €14,448 (-5.0%), from €290,081 to €275,633
- Tangible fixed assets -€12,964
down €12,964 (-3.7%), from €345,760 to €332,796
of which Land and buildings: -€12,964
- Debts after one year +€84,288
up €84,288 (+31.5%), from €267,977 to €352,265
- Profit (loss) carried forward +€10,624
up €10,624 (+36.3%), from €29,261 to €39,886
- Turnover -€30,105
no longer reported in 2025 (was €30,105)
- Purchases and services -€1,554
no longer reported in 2025 (was €1,554)
- Financial charges +€1,237
up €1,237 (+14.2%), from €8,682 to €9,919
- Gross operating margin +€709
up €709 (+2.3%), from €30,748 to €31,457
- Financial income -€660
down €660 (-6.6%), from €9,999 to €9,339
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.
Cash bridge derived
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 | €720,668 | €824,694 | +€104,027 | +14.4% |
| Fixed assets | 21/28 | €345,760 | €332,796 | -€12,964 | -3.7% |
| Tangible fixed assets | 22/27 | €345,760 | €332,796 | -€12,964 | -3.7% |
| Land and buildings | 22 | €330,030 | €317,066 | -€12,964 | -3.9% |
| Assets under construction and advance payments | 27 | €15,730 | €15,730 | = | 0.0% |
| Current assets | 29/58 | €374,908 | €491,899 | +€116,991 | +31.2% |
| Amounts receivable after more than one year | 29 | €290,081 | €275,633 | -€14,448 | -5.0% |
| Other amounts receivable | 291 | €290,081 | €275,633 | -€14,448 | -5.0% |
| Stocks and contracts in progress | 3 | - | €139,732 | +€139,732 | |
| Stocks | 30/36 | - | €139,732 | +€139,732 | |
| Amounts receivable within one year | 40/41 | €28,052 | €70,709 | +€42,658 | +152.1% |
| Trade receivables | 40 | - | €1,080 | +€1,080 | |
| Other amounts receivable | 41 | €28,052 | €69,629 | +€41,578 | +148.2% |
| Cash at bank and in hand | 54/58 | €56,775 | €5,824 | -€50,951 | -89.7% |
| Total equity and liabilities | 10/49 | €720,668 | €824,694 | +€104,027 | +14.4% |
| Equity | 10/15 | €432,261 | €442,886 | +€10,624 | +2.5% |
| Contributions | 10/11 | €403,000 | €403,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,261 | €39,886 | +€10,624 | +36.3% |
| Amounts payable | 17/49 | €288,406 | €381,809 | +€93,403 | +32.4% |
| Amounts payable after more than one year | 17 | €267,977 | €352,265 | +€84,288 | +31.5% |
| Financial debts | 170/4 | €267,977 | €352,265 | +€84,288 | +31.5% |
| Amounts payable within one year | 42/48 | €20,429 | €29,544 | +€9,115 | +44.6% |
| Current portion of amounts payable after more than one year | 42 | €15,067 | €20,233 | +€5,166 | +34.3% |
| Trade debts | 44 | €85 | €85 | = | 0.0% |
| Suppliers | 440/4 | €85 | €85 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,161 | €8,110 | +€3,949 | +94.9% |
| Taxes | 450/3 | €4,161 | €8,110 | +€3,949 | +94.9% |
| Other amounts payable | 47/48 | €1,116 | €1,116 | = | 0.0% |
| Turnover | 70 | €30,105 | - | -€30,105 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,554 | - | -€1,554 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,964 | €12,964 | = | 0.0% |
| Other operating charges | 640/8 | €3,508 | €3,340 | -€168 | -4.8% |
| Gross operating margin | 9900 | €30,748 | €31,457 | +€709 | +2.3% |
| Operating profit (loss) | 9901 | €14,276 | €15,153 | +€877 | +6.1% |
| Financial income | 75/76B | €9,999 | €9,339 | -€660 | -6.6% |
| Recurring financial income | 75 | €9,999 | €9,339 | -€660 | -6.6% |
| Financial charges | 65/66B | €8,682 | €9,919 | +€1,237 | +14.2% |
| Recurring financial charges | 65 | €8,682 | €9,919 | +€1,237 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €15,592 | €14,573 | -€1,019 | -6.5% |
| Income taxes | 67/77 | €3,942 | €3,949 | +€7 | +0.2% |
| Profit (loss) for the period | 9904 | €11,651 | €10,624 | -€1,026 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,651 | €10,624 | -€1,026 | -8.8% |
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 10 October 2026 via checked.be.