RHVG QT: 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.
RHVG QT
Largest movements
- Tangible fixed assets -€376,000
down €376,000 (-5.4%), from €7.0m to €6.6m
- Cash +€93,047
up €93,047 (+11.6%), from €805,349 to €898,396
- Debts after one year -€376,000
down €376,000 (-5.7%), from €6.6m to €6.2m
- Financial charges +€25,171
up €25,171 (+6.2%), from €406,272 to €431,443
- Turnover +€21,288
up €21,288 (+2.6%), from €819,445 to €840,733
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €7,837,480 | €7,487,085 | -€350,395 | -4.5% |
| Fixed assets | 21/28 | €6,960,504 | €6,584,504 | -€376,000 | -5.4% |
| Tangible fixed assets | 22/27 | €6,960,504 | €6,584,504 | -€376,000 | -5.4% |
| Land and buildings | 22 | €6,960,504 | €6,584,504 | -€376,000 | -5.4% |
| Current assets | 29/58 | €876,976 | €902,581 | +€25,605 | +2.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €70,287 | €2,383 | -€67,904 | -96.6% |
| Trade receivables | 40 | €68,576 | €0 | -€68,576 | -100% |
| Other amounts receivable | 41 | €1,711 | €2,383 | +€672 | +39.3% |
| Cash at bank and in hand | 54/58 | €805,349 | €898,396 | +€93,047 | +11.6% |
| Deferred charges and accrued income | 490/1 | €1,340 | €1,802 | +€462 | +34.5% |
| Total equity and liabilities | 10/49 | €7,837,480 | €7,487,085 | -€350,395 | -4.5% |
| Equity | 10/15 | €63,806 | €63,806 | = | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,413 | €1,413 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,413 | €1,413 | = | 0.0% |
| Legal reserve | 130 | €1,413 | €1,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | €393 | €393 | = | 0.0% |
| Amounts payable | 17/49 | €7,773,674 | €7,423,279 | -€350,395 | -4.5% |
| Amounts payable after more than one year | 17 | €6,584,504 | €6,208,504 | -€376,000 | -5.7% |
| Other amounts payable | 178/9 | €6,584,504 | €6,208,504 | -€376,000 | -5.7% |
| Amounts payable within one year | 42/48 | €1,189,170 | €1,214,775 | +€25,605 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €376,000 | €376,000 | = | 0.0% |
| Trade debts | 44 | €31,097 | €31,536 | +€439 | +1.4% |
| Suppliers | 440/4 | €31,097 | €31,536 | +€439 | +1.4% |
| Other amounts payable | 47/48 | €782,073 | €807,239 | +€25,166 | +3.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €819,445 | €840,733 | +€21,288 | +2.6% |
| Turnover | 70 | €819,445 | €840,733 | +€21,288 | +2.6% |
| Operating charges | 60/66A | €418,875 | €419,932 | +€1,057 | +0.3% |
| Services and other goods | 61 | €41,454 | €42,428 | +€974 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €376,000 | €376,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,421 | €1,503 | +€82 | +5.8% |
| Operating profit (loss) | 9901 | €400,570 | €420,802 | +€20,231 | +5.1% |
| Financial income | 75/76B | €5,702 | €10,642 | +€4,940 | +86.6% |
| Recurring financial income | 75 | €5,702 | €10,642 | +€4,940 | +86.6% |
| Income from current assets | 751 | €5,702 | €7,944 | +€2,242 | +39.3% |
| Other financial income | 752/9 | €0 | €2,698 | +€2,698 | |
| Financial charges | 65/66B | €406,272 | €431,443 | +€25,171 | +6.2% |
| Recurring financial charges | 65 | €406,272 | €431,443 | +€25,171 | +6.2% |
| Debt charges | 650 | €406,272 | €431,443 | +€25,171 | +6.2% |
| Other financial charges | 652/9 | €0 | €0 | -€0 | -100% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.