RLV Consulting: 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.
RLV Consulting
Largest movements
- Cash -€339,045
down €339,045 (-68.0%), from €498,888 to €159,843
mainly Current investments (-€315,044) and Investment in fixed assets (net) (-€43,255)
- Current investments +€315,044
up €315,044 (+248%), from €126,850 to €441,894
- Tangible fixed assets +€33,636
up €33,636 (+187%), from €18,015 to €51,651
of which Furniture and vehicles: +€26,517
- Receivables within one year +€12,402
up €12,402 (+26.8%), from €46,198 to €58,600
of which Other amounts receivable: +€15,000
- Debts after one year +€19,746
up €19,746 (+425%), from €4,647 to €24,392
- Trade debts -€18,741
down €18,741 (-87.4%), from €21,436 to €2,695
- Reserves +€11,408
up €11,408 (+1.9%), from €610,177 to €621,585
- Financial income -€425,906
down €425,906 (-99.2%), from €429,378 to €3,471
of which Non-recurring financial income: -€412,914
- Taxes -€34,976
down €34,976 (-67.1%), from €52,114 to €17,137
- Gross operating margin +€3,268
up €3,268 (+6.7%), from €48,720 to €51,988
- Depreciation +€1,857
up €1,857 (+24.0%), from €7,725 to €9,582
- Other operating charges +€1,077
up €1,077 (+170%), from €635 to €1,712
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 | €692,050 | €713,033 | +€20,983 | +3.0% |
| Fixed assets | 21/28 | €18,015 | €51,688 | +€33,673 | +187% |
| Tangible fixed assets | 22/27 | €18,015 | €51,651 | +€33,636 | +187% |
| Land and buildings | 22 | €13,816 | €22,156 | +€8,341 | +60.4% |
| Plant, machinery and equipment | 23 | €4,199 | €2,978 | -€1,221 | -29.1% |
| Furniture and vehicles | 24 | - | €26,517 | +€26,517 | |
| Financial fixed assets | 28 | - | €37 | +€37 | |
| Current assets | 29/58 | €674,035 | €661,345 | -€12,690 | -1.9% |
| Amounts receivable within one year | 40/41 | €46,198 | €58,600 | +€12,402 | +26.8% |
| Trade receivables | 40 | €2,598 | - | -€2,598 | |
| Other amounts receivable | 41 | €43,600 | €58,600 | +€15,000 | +34.4% |
| Current investments | 50/53 | €126,850 | €441,894 | +€315,044 | +248% |
| Cash at bank and in hand | 54/58 | €498,888 | €159,843 | -€339,045 | -68.0% |
| Deferred charges and accrued income | 490/1 | €2,100 | €1,009 | -€1,091 | -52.0% |
| Total equity and liabilities | 10/49 | €692,050 | €713,033 | +€20,983 | +3.0% |
| Equity | 10/15 | €616,377 | €627,785 | +€11,408 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €610,177 | €621,585 | +€11,408 | +1.9% |
| Distributable reserves | 133 | €610,177 | €621,585 | +€11,408 | +1.9% |
| Amounts payable | 17/49 | €75,673 | €85,248 | +€9,575 | +12.7% |
| Amounts payable after more than one year | 17 | €4,647 | €24,392 | +€19,746 | +425% |
| Financial debts | 170/4 | €4,647 | €24,392 | +€19,746 | +425% |
| Amounts payable within one year | 42/48 | €71,026 | €60,456 | -€10,571 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €4,885 | €9,794 | +€4,909 | +101% |
| Trade debts | 44 | €21,436 | €2,695 | -€18,741 | -87.4% |
| Suppliers | 440/4 | €21,436 | €2,695 | -€18,741 | -87.4% |
| Taxes, remuneration and social security | 45 | €41,041 | €42,150 | +€1,108 | +2.7% |
| Taxes | 450/3 | €41,041 | €42,150 | +€1,108 | +2.7% |
| Other amounts payable | 47/48 | €3,665 | €5,817 | +€2,153 | +58.7% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,725 | €9,582 | +€1,857 | +24.0% |
| Other operating charges | 640/8 | €635 | €1,712 | +€1,077 | +170% |
| Gross operating margin | 9900 | €48,720 | €51,988 | +€3,268 | +6.7% |
| Operating profit (loss) | 9901 | €40,361 | €40,694 | +€334 | +0.8% |
| Financial income | 75/76B | €429,378 | €3,471 | -€425,906 | -99.2% |
| Recurring financial income | 75 | €16,464 | €3,471 | -€12,993 | -78.9% |
| Non-recurring financial income | 76B | €412,914 | - | -€412,914 | |
| Financial charges | 65/66B | €3,980 | €3,897 | -€84 | -2.1% |
| Recurring financial charges | 65 | €3,980 | €3,897 | -€84 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €465,758 | €40,269 | -€425,489 | -91.4% |
| Income taxes | 67/77 | €52,114 | €17,137 | -€34,976 | -67.1% |
| Profit (loss) for the period | 9904 | €413,645 | €23,131 | -€390,513 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €413,645 | €23,131 | -€390,513 | -94.4% |
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 29 October 2026 via checked.be.