RV WORKS: what changed
RV WORKS
Largest movements
- Cash +€8,187
up €8,187 (+60.2%), from €13,605 to €21,792
mainly Stocks and contracts (+€6,685) and Investment in fixed assets (net) (+€3,713)
- Stocks and contracts -€6,685
down €6,685 (-87.3%), from €7,655 to €970
of which Stocks: -€4,785
- Tangible fixed assets -€4,546
down €4,546 (-87.4%), from €5,204 to €658
- Deferred charges and accrued income -€681
no longer reported in 2025 (was €681)
- Receivables within one year -€516
down €516 (-10.9%), from €4,724 to €4,208
of which Other amounts receivable: -€1,499
- Trade debts -€7,394
down €7,394 (-66.7%), from €11,078 to €3,684
- Profit (loss) carried forward +€3,453
up €3,453 (+32.9%), from -€10,505 to -€7,052
- Other debts -€1,549
down €1,549 (-12.6%), from €12,320 to €10,771
- Tax, wage and social debts +€1,249
up €1,249 (+333%), from €375 to €1,624
- Gross operating margin +€3,781
up €3,781 (+222%), from €1,702 to €5,483
- Depreciation -€787
down €787 (-48.6%), from €1,620 to €833
- Taxes +€785
new in 2025: €785
- Financial income +€386
up €386 (+378%), from €102 to €488
of which Non-recurring financial income: +€487
- Other operating charges -€227
down €227 (-29.8%), from €763 to €536
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 | €31,868 | €27,627 | -€4,241 | -13.3% |
| Fixed assets | 21/28 | €5,204 | €658 | -€4,546 | -87.4% |
| Tangible fixed assets | 22/27 | €5,204 | €658 | -€4,546 | -87.4% |
| Plant, machinery and equipment | 23 | €5,204 | €658 | -€4,546 | -87.4% |
| Current assets | 29/58 | €26,664 | €26,969 | +€305 | +1.1% |
| Stocks and contracts in progress | 3 | €7,655 | €970 | -€6,685 | -87.3% |
| Stocks | 30/36 | €5,755 | €970 | -€4,785 | -83.1% |
| Contracts in progress | 37 | €1,900 | - | -€1,900 | |
| Amounts receivable within one year | 40/41 | €4,724 | €4,208 | -€516 | -10.9% |
| Trade receivables | 40 | €3,217 | €4,200 | +€983 | +30.6% |
| Other amounts receivable | 41 | €1,507 | €8 | -€1,499 | -99.5% |
| Cash at bank and in hand | 54/58 | €13,605 | €21,792 | +€8,187 | +60.2% |
| Deferred charges and accrued income | 490/1 | €681 | - | -€681 | |
| Total equity and liabilities | 10/49 | €31,868 | €27,627 | -€4,241 | -13.3% |
| Equity | 10/15 | €8,095 | €11,548 | +€3,453 | +42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,505 | -€7,052 | +€3,453 | +32.9% |
| Amounts payable | 17/49 | €23,773 | €16,079 | -€7,694 | -32.4% |
| Amounts payable within one year | 42/48 | €23,773 | €16,079 | -€7,694 | -32.4% |
| Trade debts | 44 | €11,078 | €3,684 | -€7,394 | -66.7% |
| Suppliers | 440/4 | €11,078 | €3,684 | -€7,394 | -66.7% |
| Taxes, remuneration and social security | 45 | €375 | €1,624 | +€1,249 | +333% |
| Taxes | 450/3 | €375 | €1,624 | +€1,249 | +333% |
| Other amounts payable | 47/48 | €12,320 | €10,771 | -€1,549 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,620 | €833 | -€787 | -48.6% |
| Other operating charges | 640/8 | €763 | €536 | -€227 | -29.8% |
| Gross operating margin | 9900 | €1,702 | €5,483 | +€3,781 | +222% |
| Operating profit (loss) | 9901 | -€682 | €4,114 | +€4,795 | |
| Financial income | 75/76B | €102 | €488 | +€386 | +378% |
| Recurring financial income | 75 | €102 | €1 | -€101 | -99.3% |
| Non-recurring financial income | 76B | - | €487 | +€487 | |
| Financial charges | 65/66B | €246 | €364 | +€118 | +48.0% |
| Recurring financial charges | 65 | €246 | €364 | +€118 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | -€825 | €4,238 | +€5,063 | |
| Income taxes | 67/77 | - | €785 | +€785 | |
| Profit (loss) for the period | 9904 | -€825 | €3,453 | +€4,278 | |
| Profit (loss) for the period to be appropriated | 9905 | -€825 | €3,453 | +€4,278 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.