RKSV: 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.
RKSV
Largest movements
- Cash -€223,599
down €223,599 (-91.1%), from €245,476 to €21,876
mainly Other debts (-€204,904) and Contributions, distributions and other (-€126,354)
- Receivables within one year +€53,320
up €53,320 (+124%), from €42,832 to €96,152
of which Trade receivables: +€35,943
- Tangible fixed assets -€9,477
down €9,477 (-15.2%), from €62,486 to €53,009
of which Furniture and vehicles: -€5,950
- Other debts -€204,904
down €204,904 (-98.4%), from €208,286 to €3,382
- Trade debts +€52,064
up €52,064 (+249%), from €20,904 to €72,967
- Reserves -€30,715
down €30,715 (-24.3%), from €126,354 to €95,639
- Gross operating margin +€89,036
up €89,036 (+181%), from €49,311 to €138,347
- Taxes +€22,391
up €22,391 (+236%), from €9,489 to €31,880
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 | €375,994 | €193,288 | -€182,706 | -48.6% |
| Fixed assets | 21/28 | €62,486 | €53,009 | -€9,477 | -15.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €62,486 | €53,009 | -€9,477 | -15.2% |
| Plant, machinery and equipment | 23 | €1,212 | €952 | -€260 | -21.4% |
| Furniture and vehicles | 24 | €24,501 | €18,550 | -€5,950 | -24.3% |
| Other tangible fixed assets | 26 | €36,774 | €33,507 | -€3,267 | -8.9% |
| Current assets | 29/58 | €313,508 | €140,279 | -€173,229 | -55.3% |
| Stocks and contracts in progress | 3 | €22,640 | €22,201 | -€439 | -1.9% |
| Stocks | 30/36 | €22,640 | €22,201 | -€439 | -1.9% |
| Amounts receivable within one year | 40/41 | €42,832 | €96,152 | +€53,320 | +124% |
| Trade receivables | 40 | €24,128 | €60,070 | +€35,943 | +149% |
| Other amounts receivable | 41 | €18,704 | €36,082 | +€17,377 | +92.9% |
| Cash at bank and in hand | 54/58 | €245,476 | €21,876 | -€223,599 | -91.1% |
| Deferred charges and accrued income | 490/1 | €2,560 | €50 | -€2,510 | -98.1% |
| Total equity and liabilities | 10/49 | €375,994 | €193,288 | -€182,706 | -48.6% |
| Equity | 10/15 | €146,354 | €115,639 | -€30,715 | -21.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €126,354 | €95,639 | -€30,715 | -24.3% |
| Distributable reserves | 133 | €126,354 | €95,639 | -€30,715 | -24.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €229,640 | €77,649 | -€151,991 | -66.2% |
| Amounts payable within one year | 42/48 | €229,640 | €77,649 | -€151,991 | -66.2% |
| Trade debts | 44 | €20,904 | €72,967 | +€52,064 | +249% |
| Suppliers | 440/4 | €20,904 | €72,967 | +€52,064 | +249% |
| Taxes, remuneration and social security | 45 | €450 | €1,300 | +€850 | +189% |
| Taxes | 450/3 | €450 | €450 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €850 | +€850 | |
| Other amounts payable | 47/48 | €208,286 | €3,382 | -€204,904 | -98.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,855 | €9,477 | -€378 | -3.8% |
| Other operating charges | 640/8 | €1,188 | €634 | -€555 | -46.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €49,311 | €138,347 | +€89,036 | +181% |
| Operating profit (loss) | 9901 | €38,268 | €128,237 | +€89,969 | +235% |
| Financial income | 75/76B | €410 | €227 | -€183 | -44.6% |
| Recurring financial income | 75 | €410 | €227 | -€183 | -44.6% |
| Financial charges | 65/66B | €1,571 | €945 | -€625 | -39.8% |
| Recurring financial charges | 65 | €1,571 | €945 | -€625 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €37,107 | €127,518 | +€90,411 | +244% |
| Income taxes | 67/77 | €9,489 | €31,880 | +€22,391 | +236% |
| Profit (loss) for the period | 9904 | €27,618 | €95,639 | +€68,020 | +246% |
| Profit (loss) for the period to be appropriated | 9905 | €27,618 | €95,639 | +€68,020 | +246% |
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 21 October 2026 via checked.be.