RHVG TB: 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 TB
Largest movements
- Tangible fixed assets -€414,800
down €414,800 (-6.0%), from €6.9m to €6.5m
- Cash +€98,004
up €98,004 (+11.6%), from €844,283 to €942,287
- Debts after one year -€414,800
down €414,800 (-6.4%), from €6.5m to €6.1m
- Financial charges +€26,400
up €26,400 (+6.5%), from €408,650 to €435,050
- Turnover +€22,395
up €22,395 (+2.6%), from €862,070 to €884,466
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 | €7,799,650 | €7,411,845 | -€387,805 | -5.0% |
| Fixed assets | 21/28 | €6,880,173 | €6,465,373 | -€414,800 | -6.0% |
| Tangible fixed assets | 22/27 | €6,880,173 | €6,465,373 | -€414,800 | -6.0% |
| Land and buildings | 22 | €6,880,173 | €6,465,373 | -€414,800 | -6.0% |
| Current assets | 29/58 | €919,477 | €946,472 | +€26,995 | +2.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €73,854 | €2,383 | -€71,471 | -96.8% |
| Trade receivables | 40 | €72,144 | €0 | -€72,144 | -100% |
| Other amounts receivable | 41 | €1,711 | €2,383 | +€672 | +39.3% |
| Cash at bank and in hand | 54/58 | €844,283 | €942,287 | +€98,004 | +11.6% |
| Deferred charges and accrued income | 490/1 | €1,340 | €1,802 | +€462 | +34.5% |
| Total equity and liabilities | 10/49 | €7,799,650 | €7,411,845 | -€387,805 | -5.0% |
| Equity | 10/15 | €63,682 | €63,682 | = | 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 | €1,452 | €1,452 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,452 | €1,452 | = | 0.0% |
| Legal reserve | 130 | €1,452 | €1,452 | = | 0.0% |
| Profit (loss) carried forward | 14 | €230 | €230 | = | 0.0% |
| Amounts payable | 17/49 | €7,735,968 | €7,348,163 | -€387,805 | -5.0% |
| Amounts payable after more than one year | 17 | €6,465,373 | €6,050,573 | -€414,800 | -6.4% |
| Other amounts payable | 178/9 | €6,465,373 | €6,050,573 | -€414,800 | -6.4% |
| Amounts payable within one year | 42/48 | €1,270,595 | €1,297,590 | +€26,995 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €414,800 | €414,800 | = | 0.0% |
| Trade debts | 44 | €32,544 | €33,144 | +€600 | +1.8% |
| Suppliers | 440/4 | €32,544 | €33,144 | +€600 | +1.8% |
| Other amounts payable | 47/48 | €823,251 | €849,646 | +€26,395 | +3.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €862,070 | €884,466 | +€22,395 | +2.6% |
| Turnover | 70 | €862,070 | €884,466 | +€22,395 | +2.6% |
| Operating charges | 60/66A | €459,122 | €460,265 | +€1,143 | +0.2% |
| Services and other goods | 61 | €43,001 | €43,841 | +€840 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €414,800 | €414,800 | = | 0.0% |
| Other operating charges | 640/8 | €1,321 | €1,624 | +€303 | +22.9% |
| Operating profit (loss) | 9901 | €402,948 | €424,201 | +€21,253 | +5.3% |
| Financial income | 75/76B | €5,702 | €10,849 | +€5,147 | +90.3% |
| Recurring financial income | 75 | €5,702 | €10,849 | +€5,147 | +90.3% |
| Income from current assets | 751 | €5,702 | €7,944 | +€2,242 | +39.3% |
| Other financial income | 752/9 | €0 | €2,905 | +€2,905 | |
| Financial charges | 65/66B | €408,650 | €435,050 | +€26,400 | +6.5% |
| Recurring financial charges | 65 | €408,650 | €435,050 | +€26,400 | +6.5% |
| Debt charges | 650 | €408,650 | €435,050 | +€26,400 | +6.5% |
| Other financial charges | 652/9 | €0 | - | = |
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.