RV Concept: what changed
RV Concept
Largest movements
- Receivables within one year +€39,915
up €39,915 (+189%), from €21,066 to €60,981
of which Other amounts receivable: +€27,664
- Tangible fixed assets +€17,180
up €17,180 (+2.7%), from €630,666 to €647,845
of which Furniture and vehicles: +€56,412
- Cash +€13,508
up €13,508 (+15.1%), from €89,234 to €102,742
mainly Depreciation (+€63,228) and Debts after one year (+€56,503)
- Debts after one year +€56,503
up €56,503 (+10.1%), from €559,178 to €615,682
of which Other amounts payable: +€75,000
- Reserves +€17,328
up €17,328 (+15.5%), from €111,688 to €129,016
- Gross operating margin -€26,618
down €26,618 (-13.3%), from €200,120 to €173,501
- Staff costs +€20,762
up €20,762 (+47.1%), from €44,104 to €64,866
- Depreciation +€11,582
up €11,582 (+22.4%), from €51,646 to €63,228
- Taxes -€7,590
down €7,590 (-47.4%), from €16,021 to €8,431
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €741,392 | €811,995 | +€70,603 | +9.5% |
| Fixed assets | 21/28 | €630,666 | €647,845 | +€17,180 | +2.7% |
| Tangible fixed assets | 22/27 | €630,666 | €647,845 | +€17,180 | +2.7% |
| Land and buildings | 22 | €594,472 | €555,239 | -€39,233 | -6.6% |
| Furniture and vehicles | 24 | €36,194 | €92,606 | +€56,412 | +156% |
| Current assets | 29/58 | €110,726 | €164,150 | +€53,423 | +48.2% |
| Amounts receivable within one year | 40/41 | €21,066 | €60,981 | +€39,915 | +189% |
| Trade receivables | 40 | €21,066 | €33,317 | +€12,251 | +58.2% |
| Other amounts receivable | 41 | - | €27,664 | +€27,664 | |
| Cash at bank and in hand | 54/58 | €89,234 | €102,742 | +€13,508 | +15.1% |
| Deferred charges and accrued income | 490/1 | €426 | €426 | = | 0.0% |
| Total equity and liabilities | 10/49 | €741,392 | €811,995 | +€70,603 | +9.5% |
| Equity | 10/15 | €124,188 | €141,516 | +€17,328 | +14.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €111,688 | €129,016 | +€17,328 | +15.5% |
| Distributable reserves | 133 | €111,688 | €129,016 | +€17,328 | +15.5% |
| Amounts payable | 17/49 | €617,204 | €670,479 | +€53,275 | +8.6% |
| Amounts payable after more than one year | 17 | €559,178 | €615,682 | +€56,503 | +10.1% |
| Financial debts | 170/4 | €409,178 | €390,682 | -€18,497 | -4.5% |
| Other amounts payable | 178/9 | €150,000 | €225,000 | +€75,000 | +50.0% |
| Amounts payable within one year | 42/48 | €57,744 | €52,899 | -€4,845 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €17,911 | €18,497 | +€586 | +3.3% |
| Trade debts | 44 | €3,237 | €5,385 | +€2,148 | +66.4% |
| Suppliers | 440/4 | €3,237 | €5,385 | +€2,148 | +66.4% |
| Taxes, remuneration and social security | 45 | €32,461 | €29,017 | -€3,444 | -10.6% |
| Taxes | 450/3 | €26,194 | €13,791 | -€12,403 | -47.4% |
| Remuneration and social security | 454/9 | €6,268 | €15,226 | +€8,958 | +143% |
| Other amounts payable | 47/48 | €4,135 | - | -€4,135 | |
| Accrued charges and deferred income | 492/3 | €281 | €1,898 | +€1,617 | +575% |
| Remuneration, social security and pensions | 62 | €44,104 | €64,866 | +€20,762 | +47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,646 | €63,228 | +€11,582 | +22.4% |
| Other operating charges | 640/8 | €2,612 | €3,228 | +€616 | +23.6% |
| Gross operating margin | 9900 | €200,120 | €173,501 | -€26,618 | -13.3% |
| Operating profit (loss) | 9901 | €101,758 | €42,179 | -€59,579 | -58.5% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €15,336 | €16,447 | +€1,111 | +7.2% |
| Recurring financial charges | 65 | €15,336 | €16,447 | +€1,111 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €86,422 | €25,758 | -€60,664 | -70.2% |
| Income taxes | 67/77 | €16,021 | €8,431 | -€7,590 | -47.4% |
| Profit (loss) for the period | 9904 | €70,402 | €17,328 | -€53,074 | -75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,402 | €17,328 | -€53,074 | -75.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.