RV CONSTRUCT: what changed
RV CONSTRUCT
Largest movements
- Cash +€54,673
up €54,673 (+109%), from €50,180 to €104,853
mainly Depreciation (+€57,070) and Net result for the year (+€48,666)
- Receivables within one year -€25,258
down €25,258 (-43.2%), from €58,492 to €33,235
of which Other amounts receivable: -€26,430
- Tangible fixed assets -€8,938
down €8,938 (-5.1%), from €175,714 to €166,775
of which Furniture and vehicles: -€36,085
- Reserves +€16,200
up €16,200 (+7.2%), from €223,600 to €239,800
- Tax, wage and social debts +€6,144
up €6,144 (+65.1%), from €9,431 to €15,575
- Current portion of long-term debt +€5,089
up €5,089 (+21.9%), from €23,228 to €28,316
- Debts after one year -€4,297
down €4,297 (-19.2%), from €22,324 to €18,027
- Trade debts -€3,851
down €3,851 (-53.6%), from €7,191 to €3,340
- Gross operating margin +€54,545
up €54,545 (+72.3%), from €75,460 to €130,004
- Taxes +€14,040
up €14,040 (+224%), from €6,257 to €20,297
- Depreciation +€3,424
up €3,424 (+6.4%), from €53,646 to €57,070
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 | €292,428 | €311,778 | +€19,350 | +6.6% |
| Fixed assets | 21/28 | €175,714 | €166,775 | -€8,938 | -5.1% |
| Tangible fixed assets | 22/27 | €175,714 | €166,775 | -€8,938 | -5.1% |
| Land and buildings | 22 | €37,254 | €29,322 | -€7,932 | -21.3% |
| Plant, machinery and equipment | 23 | €16,977 | €52,055 | +€35,079 | +207% |
| Furniture and vehicles | 24 | €121,483 | €85,398 | -€36,085 | -29.7% |
| Current assets | 29/58 | €116,714 | €145,003 | +€28,288 | +24.2% |
| Stocks and contracts in progress | 3 | €5,036 | €3,885 | -€1,151 | -22.8% |
| Stocks | 30/36 | €5,036 | €3,885 | -€1,151 | -22.8% |
| Amounts receivable within one year | 40/41 | €58,492 | €33,235 | -€25,258 | -43.2% |
| Trade receivables | 40 | €27,722 | €28,894 | +€1,172 | +4.2% |
| Other amounts receivable | 41 | €30,770 | €4,340 | -€26,430 | -85.9% |
| Current investments | 50/53 | €3,006 | €3,030 | +€23 | +0.8% |
| Cash at bank and in hand | 54/58 | €50,180 | €104,853 | +€54,673 | +109% |
| Total equity and liabilities | 10/49 | €292,428 | €311,778 | +€19,350 | +6.6% |
| Equity | 10/15 | €230,254 | €246,520 | +€16,266 | +7.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €223,600 | €239,800 | +€16,200 | +7.2% |
| Distributable reserves | 133 | €223,600 | €239,800 | +€16,200 | +7.2% |
| Profit (loss) carried forward | 14 | €454 | €520 | +€66 | +14.5% |
| Amounts payable | 17/49 | €62,174 | €65,258 | +€3,084 | +5.0% |
| Amounts payable after more than one year | 17 | €22,324 | €18,027 | -€4,297 | -19.2% |
| Financial debts | 170/4 | €22,324 | €18,027 | -€4,297 | -19.2% |
| Amounts payable within one year | 42/48 | €39,850 | €47,231 | +€7,381 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €23,228 | €28,316 | +€5,089 | +21.9% |
| Trade debts | 44 | €7,191 | €3,340 | -€3,851 | -53.6% |
| Suppliers | 440/4 | €7,191 | €3,340 | -€3,851 | -53.6% |
| Taxes, remuneration and social security | 45 | €9,431 | €15,575 | +€6,144 | +65.1% |
| Taxes | 450/3 | €9,431 | €15,575 | +€6,144 | +65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,646 | €57,070 | +€3,424 | +6.4% |
| Other operating charges | 640/8 | €1,891 | €2,112 | +€221 | +11.7% |
| Gross operating margin | 9900 | €75,460 | €130,004 | +€54,545 | +72.3% |
| Operating profit (loss) | 9901 | €19,923 | €70,822 | +€50,900 | +255% |
| Financial income | 75/76B | €8 | €44 | +€36 | +469% |
| Recurring financial income | 75 | €8 | €44 | +€36 | +469% |
| Financial charges | 65/66B | €2,572 | €1,904 | -€668 | -26.0% |
| Recurring financial charges | 65 | €2,572 | €1,904 | -€668 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €17,358 | €68,962 | +€51,604 | +297% |
| Income taxes | 67/77 | €6,257 | €20,297 | +€14,040 | +224% |
| Profit (loss) for the period | 9904 | €11,101 | €48,666 | +€37,565 | +338% |
| Profit (loss) for the period to be appropriated | 9905 | €11,101 | €48,666 | +€37,565 | +338% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.