RHVG RB: 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 RB
Largest movements
- Tangible fixed assets -€220,400
down €220,400 (-5.7%), from €3.9m to €3.6m
- Debts after one year -€220,400
down €220,400 (-6.1%), from €3.6m to €3.4m
- Financial charges -€33,810
down €33,810 (-12.3%), from €274,900 to €241,091
- Turnover -€18,927
down €18,927 (-3.6%), from €522,883 to €503,956
- Services and other goods +€12,835
up €12,835 (+41.0%), from €31,278 to €44,113
From the 2025 result to the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,448,143 | €4,224,785 | -€223,357 | -5.0% |
| Fixed assets | 21/28 | €3,851,108 | €3,630,708 | -€220,400 | -5.7% |
| Tangible fixed assets | 22/27 | €3,851,108 | €3,630,708 | -€220,400 | -5.7% |
| Land and buildings | 22 | €3,851,108 | €3,630,708 | -€220,400 | -5.7% |
| Current assets | 29/58 | €597,035 | €594,078 | -€2,957 | -0.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,141 | €1,037 | -€105 | -9.2% |
| Other amounts receivable | 41 | €1,141 | €1,037 | -€105 | -9.2% |
| Cash at bank and in hand | 54/58 | €595,893 | €593,041 | -€2,853 | -0.5% |
| Total equity and liabilities | 10/49 | €4,448,143 | €4,224,785 | -€223,357 | -5.0% |
| Equity | 10/15 | €74,270 | €74,270 | = | 0.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €827 | €827 | = | 0.0% |
| Non-distributable reserves | 130/1 | €827 | €827 | = | 0.0% |
| Legal reserve | 130 | €827 | €827 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,557 | -€26,557 | = | 0.0% |
| Amounts payable | 17/49 | €4,373,873 | €4,150,516 | -€223,357 | -5.1% |
| Amounts payable after more than one year | 17 | €3,630,708 | €3,410,308 | -€220,400 | -6.1% |
| Other amounts payable | 178/9 | €3,630,708 | €3,410,308 | -€220,400 | -6.1% |
| Amounts payable within one year | 42/48 | €743,165 | €740,208 | -€2,957 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €220,400 | €220,400 | = | 0.0% |
| Trade debts | 44 | €27,669 | €58,615 | +€30,947 | +112% |
| Suppliers | 440/4 | €27,669 | €58,615 | +€30,947 | +112% |
| Other amounts payable | 47/48 | €495,096 | €461,193 | -€33,904 | -6.8% |
| Operating income | 70/76A | €522,883 | €503,956 | -€18,927 | -3.6% |
| Turnover | 70 | €522,883 | €503,956 | -€18,927 | -3.6% |
| Operating charges | 60/66A | €253,403 | €266,321 | +€12,918 | +5.1% |
| Services and other goods | 61 | €31,278 | €44,113 | +€12,835 | +41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,400 | €220,400 | = | 0.0% |
| Other operating charges | 640/8 | €1,724 | €1,808 | +€84 | +4.8% |
| Operating profit (loss) | 9901 | €269,480 | €237,635 | -€31,845 | -11.8% |
| Financial income | 75/76B | €5,420 | €3,456 | -€1,964 | -36.2% |
| Recurring financial income | 75 | €5,420 | €3,456 | -€1,964 | -36.2% |
| Income from current assets | 751 | €3,805 | €3,456 | -€349 | -9.2% |
| Other financial income | 752/9 | €1,615 | €0 | -€1,615 | -100% |
| Financial charges | 65/66B | €274,900 | €241,091 | -€33,810 | -12.3% |
| Recurring financial charges | 65 | €274,900 | €241,091 | -€33,810 | -12.3% |
| Debt charges | 650 | €274,900 | €240,998 | -€33,902 | -12.3% |
| Other financial charges | 652/9 | €0 | €93 | +€93 | +54,576% |
Source: filed annual accounts (NBB), financial years ended 31 May 2025 and 31 May 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.