RV trans: 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 trans
Largest movements
- Receivables within one year -€22,730
down €22,730 (-73.0%), from €31,156 to €8,426
of which Trade receivables: -€23,136
- Tangible fixed assets -€13,039
down €13,039 (-13.8%), from €94,536 to €81,497
of which Leasing and similar rights: -€12,240
- Cash +€8,326
up €8,326 (+36.6%), from €22,741 to €31,067
mainly Receivables within one year (+€22,730) and Other debts (+€19,576)
- Deferred charges and accrued income +€4,115
up €4,115 (+669%), from €615 to €4,730
- Reserves -€26,991
down €26,991 (-100%), from €26,991 to €0
- Debts after one year -€25,700
down €25,700 (-58.4%), from €43,973 to €18,273
- Other debts +€19,576
up €19,576 (+93.0%), from €21,043 to €40,619
- Tax, wage and social debts +€6,776
up €6,776 (+91.1%), from €7,435 to €14,210
of which Remuneration and social security: +€3,417
- Trade debts +€2,173
up €2,173 (+45.8%), from €4,744 to €6,917
- Gross operating margin +€20,605
up €20,605 (+74.3%), from €27,717 to €48,322
- Other operating charges +€19,287
up €19,287 (+2,360%), from €817 to €20,104
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 | €149,048 | €125,719 | -€23,329 | -15.7% |
| Fixed assets | 21/28 | €94,536 | €81,497 | -€13,039 | -13.8% |
| Tangible fixed assets | 22/27 | €94,536 | €81,497 | -€13,039 | -13.8% |
| Plant, machinery and equipment | 23 | €1,392 | €874 | -€519 | -37.2% |
| Furniture and vehicles | 24 | €720 | €439 | -€281 | -39.0% |
| Leasing and similar rights | 25 | €92,423 | €80,183 | -€12,240 | -13.2% |
| Current assets | 29/58 | €54,512 | €44,223 | -€10,289 | -18.9% |
| Amounts receivable within one year | 40/41 | €31,156 | €8,426 | -€22,730 | -73.0% |
| Trade receivables | 40 | €31,151 | €8,015 | -€23,136 | -74.3% |
| Other amounts receivable | 41 | €4 | €410 | +€406 | +9,120% |
| Cash at bank and in hand | 54/58 | €22,741 | €31,067 | +€8,326 | +36.6% |
| Deferred charges and accrued income | 490/1 | €615 | €4,730 | +€4,115 | +669% |
| Total equity and liabilities | 10/49 | €149,048 | €125,719 | -€23,329 | -15.7% |
| Equity | 10/15 | €46,991 | €20,000 | -€26,991 | -57.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €26,991 | €0 | -€26,991 | -100% |
| Distributable reserves | 133 | €26,991 | €0 | -€26,991 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €102,057 | €105,719 | +€3,663 | +3.6% |
| Amounts payable after more than one year | 17 | €43,973 | €18,273 | -€25,700 | -58.4% |
| Financial debts | 170/4 | €43,973 | €18,273 | -€25,700 | -58.4% |
| Amounts payable within one year | 42/48 | €58,084 | €87,446 | +€29,362 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €24,862 | €25,700 | +€838 | +3.4% |
| Trade debts | 44 | €4,744 | €6,917 | +€2,173 | +45.8% |
| Suppliers | 440/4 | €4,744 | €6,917 | +€2,173 | +45.8% |
| Taxes, remuneration and social security | 45 | €7,435 | €14,210 | +€6,776 | +91.1% |
| Taxes | 450/3 | €7,435 | €10,794 | +€3,359 | +45.2% |
| Remuneration and social security | 454/9 | €0 | €3,417 | +€3,417 | |
| Other amounts payable | 47/48 | €21,043 | €40,619 | +€19,576 | +93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,997 | €13,039 | +€43 | +0.3% |
| Other operating charges | 640/8 | €817 | €20,104 | +€19,287 | +2,360% |
| Gross operating margin | 9900 | €27,717 | €48,322 | +€20,605 | +74.3% |
| Operating profit (loss) | 9901 | €13,903 | €15,179 | +€1,276 | +9.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €4,662 | €4,789 | +€127 | +2.7% |
| Recurring financial charges | 65 | €4,662 | €4,789 | +€127 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €9,241 | €10,390 | +€1,149 | +12.4% |
| Income taxes | 67/77 | €2,296 | €2,590 | +€294 | +12.8% |
| Profit (loss) for the period | 9904 | €6,945 | €7,800 | +€855 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,945 | €7,800 | +€855 | +12.3% |
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.