RV Construct: 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.
RV Construct
Largest movements
- Stocks and contracts +€432,554
up €432,554 (+31,548%), from €1,371 to €433,925
- Receivables within one year +€61,258
up €61,258 (+24,820%), from €247 to €61,505
of which Trade receivables: +€43,838
- Cash +€35,858
up €35,858 (+225%), from €15,939 to €51,798
mainly Accrued charges and deferred income (+€274,000) and Net result for the year (+€100,547)
- Financial fixed assets +€11,450
new in 2024: €11,450
- Accrued charges and deferred income +€274,000
new in 2024: €274,000
- Reserves +€100,547
up €100,547 (+5,684%), from €1,769 to €102,316
- Trade debts +€68,279
up €68,279 (+1,783%), from €3,829 to €72,108
of which Suppliers: +€69,066
- Debts after one year +€65,000
new in 2024: €65,000
- Tax, wage and social debts +€47,427
up €47,427 (+10,724%), from €442 to €47,869
of which Taxes: +€31,538
- Gross operating margin +€134,620
up €134,620 (+6,088%), from €2,211 to €136,831
- Taxes +€31,067
up €31,067 (+7,025%), from €442 to €31,509
- Other operating charges +€3,384
new in 2024: €3,384
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,820 | €564,293 | +€544,473 | +2,747% |
| Fixed assets | 21/28 | - | €12,390 | +€12,390 | |
| Tangible fixed assets | 22/27 | - | €940 | +€940 | |
| Furniture and vehicles | 24 | - | €940 | +€940 | |
| Financial fixed assets | 28 | - | €11,450 | +€11,450 | |
| Current assets | 29/58 | €19,820 | €551,903 | +€532,082 | +2,685% |
| Stocks and contracts in progress | 3 | €1,371 | €433,925 | +€432,554 | +31,548% |
| Stocks | 30/36 | €1,371 | €433,925 | +€432,554 | +31,548% |
| Amounts receivable within one year | 40/41 | €247 | €61,505 | +€61,258 | +24,820% |
| Trade receivables | 40 | - | €43,838 | +€43,838 | |
| Other amounts receivable | 41 | €247 | €17,667 | +€17,420 | +7,058% |
| Cash at bank and in hand | 54/58 | €15,939 | €51,798 | +€35,858 | +225% |
| Deferred charges and accrued income | 490/1 | €2,263 | €4,675 | +€2,412 | +107% |
| Total equity and liabilities | 10/49 | €19,820 | €564,293 | +€544,473 | +2,747% |
| Equity | 10/15 | €1,769 | €105,316 | +€103,547 | +5,854% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Reserves | 13 | €1,769 | €102,316 | +€100,547 | +5,684% |
| Distributable reserves | 133 | €1,769 | €102,316 | +€100,547 | +5,684% |
| Amounts payable | 17/49 | €18,051 | €458,977 | +€440,925 | +2,443% |
| Amounts payable after more than one year | 17 | - | €65,000 | +€65,000 | |
| Financial debts | 170/4 | - | €65,000 | +€65,000 | |
| Amounts payable within one year | 42/48 | €18,051 | €119,977 | +€101,925 | +565% |
| Trade debts | 44 | €3,829 | €72,108 | +€68,279 | +1,783% |
| Suppliers | 440/4 | €3,042 | €72,108 | +€69,066 | +2,271% |
| Bills of exchange payable | 441 | €788 | - | -€788 | |
| Taxes, remuneration and social security | 45 | €442 | €47,869 | +€47,427 | +10,724% |
| Taxes | 450/3 | €442 | €31,980 | +€31,538 | +7,131% |
| Remuneration and social security | 454/9 | - | €15,889 | +€15,889 | |
| Other amounts payable | 47/48 | €13,780 | - | -€13,780 | |
| Accrued charges and deferred income | 492/3 | - | €274,000 | +€274,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €260 | +€260 | |
| Other operating charges | 640/8 | - | €3,384 | +€3,384 | |
| Gross operating margin | 9900 | €2,211 | €136,831 | +€134,620 | +6,088% |
| Operating profit (loss) | 9901 | €2,211 | €133,187 | +€130,976 | +5,923% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €1,132 | +€1,132 | |
| Recurring financial charges | 65 | - | €1,132 | +€1,132 | |
| Profit (loss) for the period before taxes | 9903 | €2,211 | €132,056 | +€129,845 | +5,872% |
| Income taxes | 67/77 | €442 | €31,509 | +€31,067 | +7,025% |
| Profit (loss) for the period | 9904 | €1,769 | €100,547 | +€98,778 | +5,584% |
| Profit (loss) for the period to be appropriated | 9905 | €1,769 | €100,547 | +€98,778 | +5,584% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.