RGV 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.
RGV Construct
Largest movements
- Receivables within one year -€15,019
down €15,019 (-92.4%), from €16,247 to €1,228
of which Trade receivables: -€15,012
- Cash +€383
up €383 (+10,214%), from €4 to €387
mainly Receivables within one year (+€15,019) and Other debts (+€1,687)
- Advances received -€7,262
no longer reported in 2025 (was €7,262)
- Profit (loss) carried forward -€5,411
down €5,411 (-428%), from -€1,263 to -€6,674
- Trade debts -€4,142
down €4,142 (-74.2%), from €5,579 to €1,437
- Other debts +€1,687
up €1,687 (+27.9%), from €6,038 to €7,726
- Accrued charges and deferred income +€900
new in 2025: €900
- Purchases and services +€30,513
up €30,513 (+368%), from €8,297 to €38,810
- Turnover +€27,845
up €27,845 (+474%), from €5,879 to €33,724
- Gross operating margin -€2,668
down €2,668 (-110%), from -€2,418 to -€5,087
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 | €18,050 | €3,415 | -€14,636 | -81.1% |
| Fixed assets | 21/28 | €1,800 | €1,800 | = | 0.0% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €16,250 | €1,615 | -€14,636 | -90.1% |
| Amounts receivable within one year | 40/41 | €16,247 | €1,228 | -€15,019 | -92.4% |
| Trade receivables | 40 | €16,240 | €1,228 | -€15,012 | -92.4% |
| Other amounts receivable | 41 | €7 | - | -€7 | |
| Cash at bank and in hand | 54/58 | €4 | €387 | +€383 | +10,214% |
| Total equity and liabilities | 10/49 | €18,050 | €3,415 | -€14,636 | -81.1% |
| Equity | 10/15 | -€1,263 | -€6,674 | -€5,411 | -428% |
| Profit (loss) carried forward | 14 | -€1,263 | -€6,674 | -€5,411 | -428% |
| Amounts payable | 17/49 | €19,313 | €10,089 | -€9,225 | -47.8% |
| Amounts payable within one year | 42/48 | €19,313 | €9,189 | -€10,125 | -52.4% |
| Trade debts | 44 | €5,579 | €1,437 | -€4,142 | -74.2% |
| Suppliers | 440/4 | €5,579 | €1,437 | -€4,142 | -74.2% |
| Advances received on contracts in progress | 46 | €7,262 | - | -€7,262 | |
| Taxes, remuneration and social security | 45 | €434 | €26 | -€408 | -94.1% |
| Taxes | 450/3 | €434 | €26 | -€408 | -94.1% |
| Other amounts payable | 47/48 | €6,038 | €7,726 | +€1,687 | +27.9% |
| Accrued charges and deferred income | 492/3 | - | €900 | +€900 | |
| Turnover | 70 | €5,879 | €33,724 | +€27,845 | +474% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,297 | €38,810 | +€30,513 | +368% |
| Remuneration, social security and pensions | 62 | - | €129 | +€129 | |
| Other operating charges | 640/8 | - | €8 | +€8 | |
| Gross operating margin | 9900 | -€2,418 | -€5,087 | -€2,668 | -110% |
| Operating profit (loss) | 9901 | -€2,418 | -€5,224 | -€2,806 | -116% |
| Financial charges | 65/66B | €153 | €187 | +€34 | +22.0% |
| Recurring financial charges | 65 | €153 | €187 | +€34 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,572 | -€5,411 | -€2,839 | -110% |
| Income taxes | 67/77 | -€108 | - | +€108 | |
| Profit (loss) for the period | 9904 | -€2,463 | -€5,411 | -€2,948 | -120% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,463 | -€5,411 | -€2,948 | -120% |
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 25 October 2026 via checked.be.