RV TELEMATICS: 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 TELEMATICS
Largest movements
- Cash +€15,871
up €15,871 (+304%), from €5,224 to €21,095
mainly Net result for the year (+€21,990) and Depreciation (+€5,040)
- Receivables within one year +€5,992
up €5,992 (+58.1%), from €10,321 to €16,313
- Tangible fixed assets -€3,610
down €3,610 (-35.0%), from €10,321 to €6,711
- Reserves +€16,200
up €16,200 (+871%), from €1,860 to €18,060
of which Distributable reserves: +€18,060
- Trade debts -€6,977
down €6,977 (-78.9%), from €8,839 to €1,861
- Profit (loss) carried forward +€5,790
up €5,790, from -€5,712 to €78
- Tax, wage and social debts +€4,046
up €4,046 (+80.3%), from €5,038 to €9,085
- Other debts -€806
down €806 (-23.4%), from €3,442 to €2,635
- Gross operating margin +€20,249
up €20,249 (+72.0%), from €28,110 to €48,360
- Other operating charges -€7,722
down €7,722 (-38.5%), from €20,060 to €12,338
- Taxes +€6,344
up €6,344 (+263%), from €2,414 to €8,758
- Depreciation +€1,483
up €1,483 (+41.7%), from €3,557 to €5,040
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 | €25,867 | €44,119 | +€18,252 | +70.6% |
| Fixed assets | 21/28 | €10,321 | €6,711 | -€3,610 | -35.0% |
| Tangible fixed assets | 22/27 | €10,321 | €6,711 | -€3,610 | -35.0% |
| Furniture and vehicles | 24 | €10,321 | €6,711 | -€3,610 | -35.0% |
| Current assets | 29/58 | €15,545 | €37,408 | +€21,862 | +141% |
| Amounts receivable within one year | 40/41 | €10,321 | €16,313 | +€5,992 | +58.1% |
| Trade receivables | 40 | €10,321 | €16,313 | +€5,992 | +58.1% |
| Cash at bank and in hand | 54/58 | €5,224 | €21,095 | +€15,871 | +304% |
| Total equity and liabilities | 10/49 | €25,867 | €44,119 | +€18,252 | +70.6% |
| Equity | 10/15 | €8,548 | €30,538 | +€21,990 | +257% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €18,060 | +€16,200 | +871% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €18,060 | +€18,060 | |
| Profit (loss) carried forward | 14 | -€5,712 | €78 | +€5,790 | |
| Amounts payable | 17/49 | €17,318 | €13,581 | -€3,737 | -21.6% |
| Amounts payable within one year | 42/48 | €17,318 | €13,581 | -€3,737 | -21.6% |
| Trade debts | 44 | €8,839 | €1,861 | -€6,977 | -78.9% |
| Suppliers | 440/4 | €8,839 | €1,861 | -€6,977 | -78.9% |
| Taxes, remuneration and social security | 45 | €5,038 | €9,085 | +€4,046 | +80.3% |
| Taxes | 450/3 | €5,038 | €9,085 | +€4,046 | +80.3% |
| Other amounts payable | 47/48 | €3,442 | €2,635 | -€806 | -23.4% |
| Non-recurring operating income | 76A | €657 | - | -€657 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,557 | €5,040 | +€1,483 | +41.7% |
| Other operating charges | 640/8 | €20,060 | €12,338 | -€7,722 | -38.5% |
| Gross operating margin | 9900 | €28,110 | €48,360 | +€20,249 | +72.0% |
| Operating profit (loss) | 9901 | €4,493 | €30,982 | +€26,489 | +590% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €684 | €234 | -€449 | -65.7% |
| Recurring financial charges | 65 | €684 | €234 | -€449 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €3,810 | €30,748 | +€26,938 | +707% |
| Income taxes | 67/77 | €2,414 | €8,758 | +€6,344 | +263% |
| Profit (loss) for the period | 9904 | €1,396 | €21,990 | +€20,594 | +1,475% |
| Profit (loss) for the period to be appropriated | 9905 | €1,396 | €21,990 | +€20,594 | +1,475% |
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 24 October 2026 via checked.be.