RMV TRANS: 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.
RMV TRANS
Largest movements
- Tangible fixed assets -€466,443
down €466,443 (-97.8%), from €476,886 to €10,443
of which Land and buildings: -€438,722
- Cash +€156,318
up €156,318 (+629%), from €24,859 to €181,176
mainly Investment in fixed assets (net) (+€464,905) and Net result for the year (+€271,691)
- Receivables within one year +€106,111
up €106,111 (+158%), from €67,014 to €173,126
of which Other amounts receivable: +€141,074
- Deferred charges and accrued income -€54,413
down €54,413 (-84.4%), from €64,455 to €10,042
- Debts after one year -€243,521
no longer reported in 2025 (was €243,521)
- Reserves +€189,873
up €189,873 (+123%), from €154,833 to €344,706
- Short-term financial debts -€87,626
no longer reported in 2025 (was €87,626)
- Current portion of long-term debt -€51,982
no longer reported in 2025 (was €51,982)
- Tax, wage and social debts -€40,127
down €40,127 (-85.0%), from €47,182 to €7,055
of which Remuneration and social security: -€20,425
- Staff costs -€209,195
down €209,195 (-89.3%), from €234,280 to €25,086
- Gross operating margin +€193,447
up €193,447 (+59.6%), from €324,542 to €517,988
- Taxes +€121,785
up €121,785 (+6,780%), from €1,796 to €123,581
- Depreciation -€64,440
down €64,440 (-97.7%), from €65,978 to €1,538
- Other operating charges +€37,556
up €37,556 (+932%), from €4,030 to €41,586
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 | €633,214 | €374,787 | -€258,427 | -40.8% |
| Fixed assets | 21/28 | €476,886 | €10,443 | -€466,443 | -97.8% |
| Tangible fixed assets | 22/27 | €476,886 | €10,443 | -€466,443 | -97.8% |
| Land and buildings | 22 | €438,722 | - | -€438,722 | |
| Plant, machinery and equipment | 23 | €16,584 | - | -€16,584 | |
| Furniture and vehicles | 24 | €833 | €0 | -€833 | -100% |
| Leasing and similar rights | 25 | €20,746 | - | -€20,746 | |
| Other tangible fixed assets | 26 | - | €10,443 | +€10,443 | |
| Current assets | 29/58 | €156,328 | €364,344 | +€208,016 | +133% |
| Amounts receivable within one year | 40/41 | €67,014 | €173,126 | +€106,111 | +158% |
| Trade receivables | 40 | €46,738 | €11,775 | -€34,963 | -74.8% |
| Other amounts receivable | 41 | €20,276 | €161,351 | +€141,074 | +696% |
| Cash at bank and in hand | 54/58 | €24,859 | €181,176 | +€156,318 | +629% |
| Deferred charges and accrued income | 490/1 | €64,455 | €10,042 | -€54,413 | -84.4% |
| Total equity and liabilities | 10/49 | €633,214 | €374,787 | -€258,427 | -40.8% |
| Equity | 10/15 | €174,833 | €364,706 | +€189,873 | +109% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €154,833 | €344,706 | +€189,873 | +123% |
| Distributable reserves | 133 | €154,833 | €344,706 | +€189,873 | +123% |
| Amounts payable | 17/49 | €458,381 | €10,081 | -€448,300 | -97.8% |
| Amounts payable after more than one year | 17 | €243,521 | - | -€243,521 | |
| Financial debts | 170/4 | €243,521 | - | -€243,521 | |
| Amounts payable within one year | 42/48 | €214,860 | €10,081 | -€204,779 | -95.3% |
| Current portion of amounts payable after more than one year | 42 | €51,982 | - | -€51,982 | |
| Financial debts | 43 | €87,626 | - | -€87,626 | |
| Credit institutions | 430/8 | €87,626 | - | -€87,626 | |
| Trade debts | 44 | €28,071 | €3,025 | -€25,045 | -89.2% |
| Suppliers | 440/4 | €28,071 | €3,025 | -€25,045 | -89.2% |
| Taxes, remuneration and social security | 45 | €47,182 | €7,055 | -€40,127 | -85.0% |
| Taxes | 450/3 | €25,151 | €5,449 | -€19,702 | -78.3% |
| Remuneration and social security | 454/9 | €22,031 | €1,606 | -€20,425 | -92.7% |
| Non-recurring operating income | 76A | €12,010 | €572,298 | +€560,288 | +4,665% |
| Remuneration, social security and pensions | 62 | €234,280 | €25,086 | -€209,195 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,978 | €1,538 | -€64,440 | -97.7% |
| Other operating charges | 640/8 | €4,030 | €41,586 | +€37,556 | +932% |
| Gross operating margin | 9900 | €324,542 | €517,988 | +€193,447 | +59.6% |
| Operating profit (loss) | 9901 | €20,254 | €449,779 | +€429,526 | +2,121% |
| Financial income | 75/76B | €292 | €4,082 | +€3,790 | +1,298% |
| Recurring financial income | 75 | €292 | €4,082 | +€3,790 | +1,298% |
| Financial charges | 65/66B | €22,855 | €58,589 | +€35,734 | +156% |
| Recurring financial charges | 65 | €22,855 | €15,105 | -€7,750 | -33.9% |
| Non-recurring financial charges | 66B | - | €43,484 | +€43,484 | |
| Profit (loss) for the period before taxes | 9903 | -€2,309 | €395,272 | +€397,582 | |
| Income taxes | 67/77 | €1,796 | €123,581 | +€121,785 | +6,780% |
| Profit (loss) for the period | 9904 | -€4,105 | €271,691 | +€275,797 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,105 | €271,691 | +€275,797 |
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 16 October 2026 via checked.be.