RHVG SB: 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 SB
Largest movements
- Cash +€676,602
up €676,602 (+842%), from €80,381 to €756,983
- Current investments -€600,000
down €600,000 (-100%), from €600,000 to €0
- Tangible fixed assets -€322,000
down €322,000 (-5.8%), from €5.5m to €5.2m
- Debts after one year -€322,000
down €322,000 (-6.2%), from €5.2m to €4.9m
- Financial charges +€19,252
up €19,252 (+5.8%), from €330,307 to €349,560
- Turnover +€17,732
up €17,732 (+2.6%), from €682,581 to €700,314
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 | €6,278,805 | €5,976,788 | -€302,017 | -4.8% |
| Fixed assets | 21/28 | €5,537,666 | €5,215,666 | -€322,000 | -5.8% |
| Tangible fixed assets | 22/27 | €5,537,666 | €5,215,666 | -€322,000 | -5.8% |
| Land and buildings | 22 | €5,537,666 | €5,215,666 | -€322,000 | -5.8% |
| Current assets | 29/58 | €741,139 | €761,122 | +€19,983 | +2.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €59,367 | €2,337 | -€57,030 | -96.1% |
| Trade receivables | 40 | €57,123 | €0 | -€57,123 | -100% |
| Other amounts receivable | 41 | €2,245 | €2,337 | +€93 | +4.1% |
| Current investments | 50/53 | €600,000 | €0 | -€600,000 | -100% |
| Other investments | 51/53 | €600,000 | €0 | -€600,000 | -100% |
| Cash at bank and in hand | 54/58 | €80,381 | €756,983 | +€676,602 | +842% |
| Deferred charges and accrued income | 490/1 | €1,391 | €1,802 | +€411 | +29.6% |
| Total equity and liabilities | 10/49 | €6,278,805 | €5,976,788 | -€302,017 | -4.8% |
| Equity | 10/15 | €63,394 | €63,394 | = | 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 | €1,157 | €1,157 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,157 | €1,157 | = | 0.0% |
| Legal reserve | 130 | €1,157 | €1,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | €237 | €237 | = | 0.0% |
| Amounts payable | 17/49 | €6,215,411 | €5,913,394 | -€302,017 | -4.9% |
| Amounts payable after more than one year | 17 | €5,215,666 | €4,893,666 | -€322,000 | -6.2% |
| Other amounts payable | 178/9 | €5,215,666 | €4,893,666 | -€322,000 | -6.2% |
| Amounts payable within one year | 42/48 | €999,745 | €1,019,728 | +€19,983 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €322,000 | €322,000 | = | 0.0% |
| Trade debts | 44 | €25,637 | €26,372 | +€735 | +2.9% |
| Suppliers | 440/4 | €25,637 | €26,372 | +€735 | +2.9% |
| Other amounts payable | 47/48 | €652,108 | €671,356 | +€19,248 | +3.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €682,581 | €700,314 | +€17,732 | +2.6% |
| Turnover | 70 | €682,581 | €700,314 | +€17,732 | +2.6% |
| Operating charges | 60/66A | €359,756 | €360,846 | +€1,090 | +0.3% |
| Services and other goods | 61 | €36,435 | €37,228 | +€794 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €322,000 | €322,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,321 | €1,617 | +€296 | +22.4% |
| Operating profit (loss) | 9901 | €322,825 | €339,468 | +€16,642 | +5.2% |
| Financial income | 75/76B | €7,482 | €10,092 | +€2,610 | +34.9% |
| Recurring financial income | 75 | €7,482 | €10,092 | +€2,610 | +34.9% |
| Income from current assets | 751 | €7,482 | €7,791 | +€309 | +4.1% |
| Other financial income | 752/9 | €0 | €2,300 | +€2,300 | |
| Financial charges | 65/66B | €330,307 | €349,560 | +€19,252 | +5.8% |
| Recurring financial charges | 65 | €330,307 | €349,560 | +€19,252 | +5.8% |
| Debt charges | 650 | €330,307 | €349,560 | +€19,252 | +5.8% |
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 17 October 2026 via checked.be.