RV HOLDING: 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 HOLDING
Largest movements
- Tangible fixed assets -€27,689
down €27,689 (-7.0%), from €395,585 to €367,897
of which Furniture and vehicles: -€19,541
- Other debts -€137,005
down €137,005 (-95.9%), from €142,832 to €5,827
- Debts after one year +€121,453
up €121,453 (+37.8%), from €321,260 to €442,713
- Reserves -€29,045
down €29,045 (-15.5%), from €186,948 to €157,904
- Financial charges -€1,911
down €1,911 (-9.0%), from €21,226 to €19,315
- Depreciation +€1,252
up €1,252 (+4.7%), from €26,437 to €27,689
- Other operating charges -€630
down €630 (-18.8%), from €3,349 to €2,719
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 | €949,549 | €909,289 | -€40,260 | -4.2% |
| Fixed assets | 21/28 | €935,585 | €907,897 | -€27,689 | -3.0% |
| Tangible fixed assets | 22/27 | €395,585 | €367,897 | -€27,689 | -7.0% |
| Land and buildings | 22 | €317,247 | €309,099 | -€8,148 | -2.6% |
| Furniture and vehicles | 24 | €78,339 | €58,798 | -€19,541 | -24.9% |
| Financial fixed assets | 28 | €540,000 | €540,000 | = | 0.0% |
| Current assets | 29/58 | €13,964 | €1,392 | -€12,572 | -90.0% |
| Amounts receivable within one year | 40/41 | €4,500 | €1,344 | -€3,156 | -70.1% |
| Trade receivables | 40 | €4,500 | - | -€4,500 | |
| Other amounts receivable | 41 | - | €1,344 | +€1,344 | |
| Cash at bank and in hand | 54/58 | €9,464 | - | -€9,464 | |
| Deferred charges and accrued income | 490/1 | - | €48 | +€48 | |
| Total equity and liabilities | 10/49 | €949,549 | €909,289 | -€40,260 | -4.2% |
| Equity | 10/15 | €456,948 | €427,904 | -€29,045 | -6.4% |
| Contributions | 10/11 | €270,000 | €270,000 | = | 0.0% |
| Reserves | 13 | €186,948 | €157,904 | -€29,045 | -15.5% |
| Distributable reserves | 133 | €186,948 | €157,904 | -€29,045 | -15.5% |
| Amounts payable | 17/49 | €492,601 | €481,385 | -€11,216 | -2.3% |
| Amounts payable after more than one year | 17 | €321,260 | €442,713 | +€121,453 | +37.8% |
| Financial debts | 170/4 | €321,260 | €442,713 | +€121,453 | +37.8% |
| Amounts payable within one year | 42/48 | €171,341 | €36,837 | -€134,503 | -78.5% |
| Current portion of amounts payable after more than one year | 42 | €24,590 | €26,047 | +€1,457 | +5.9% |
| Trade debts | 44 | €3,383 | €4,013 | +€630 | +18.6% |
| Suppliers | 440/4 | €3,383 | €4,013 | +€630 | +18.6% |
| Taxes, remuneration and social security | 45 | €536 | €951 | +€415 | +77.5% |
| Taxes | 450/3 | €536 | €951 | +€415 | +77.5% |
| Other amounts payable | 47/48 | €142,832 | €5,827 | -€137,005 | -95.9% |
| Accrued charges and deferred income | 492/3 | - | €1,834 | +€1,834 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,437 | €27,689 | +€1,252 | +4.7% |
| Other operating charges | 640/8 | €3,349 | €2,719 | -€630 | -18.8% |
| Gross operating margin | 9900 | €20,973 | €20,834 | -€139 | -0.7% |
| Operating profit (loss) | 9901 | -€8,814 | -€9,574 | -€760 | -8.6% |
| Financial charges | 65/66B | €21,226 | €19,315 | -€1,911 | -9.0% |
| Recurring financial charges | 65 | €21,226 | €19,315 | -€1,911 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€30,039 | -€28,889 | +€1,150 | +3.8% |
| Income taxes | 67/77 | €176 | €156 | -€20 | -11.3% |
| Profit (loss) for the period | 9904 | -€30,215 | -€29,045 | +€1,170 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,215 | -€29,045 | +€1,170 | +3.9% |
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 23 October 2026 via checked.be.