RVA CONCEPT: what changed
Two fiscal 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.
RVA CONCEPT
Largest movements
- Receivables within one year +€43,531
up €43,531 (+34.9%), from €124,619 to €168,150
of which Other amounts receivable: +€23,531
- Cash -€33,133
down €33,133 (-67.4%), from €49,136 to €16,003
mainly Contributions, distributions and other (-€126,575) and Receivables within one year (-€43,531)
- Tangible fixed assets -€6,284
down €6,284 (-24.1%), from €26,036 to €19,752
of which Furniture and vehicles: -€4,826
- Deferred charges and accrued income -€4,201
no longer reported in 2025 (was €4,201)
- Current portion of long-term debt +€10,144
new in 2025: €10,144
- Tax, wage and social debts -€3,892
down €3,892 (-7.7%), from €50,422 to €46,530
- Other debts -€3,572
down €3,572 (-2.8%), from €129,741 to €126,169
- Trade debts -€2,767
down €2,767 (-82.1%), from €3,369 to €603
- Other operating charges +€14,730
up €14,730 (+1878.4%), from €784 to €15,514
- Gross operating margin +€9,264
up €9,264 (+5.1%), from €182,822 to €192,086
- Taxes -€4,502
down €4,502 (-10.8%), from €41,835 to €37,332
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.
Cash bridge derived
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 | €203,993 | €203,905 | -€88 | 0.0% |
| Fixed assets | 21/28 | €26,036 | €19,752 | -€6,284 | -24.1% |
| Tangible fixed assets | 22/27 | €26,036 | €19,752 | -€6,284 | -24.1% |
| Land and buildings | 22 | €10,412 | €8,954 | -€1,458 | -14.0% |
| Furniture and vehicles | 24 | €15,624 | €10,798 | -€4,826 | -30.9% |
| Current assets | 29/58 | €177,956 | €184,153 | +€6,196 | +3.5% |
| Amounts receivable within one year | 40/41 | €124,619 | €168,150 | +€43,531 | +34.9% |
| Trade receivables | 40 | €118,150 | €138,150 | +€20,000 | +16.9% |
| Other amounts receivable | 41 | €6,469 | €30,000 | +€23,531 | +363.7% |
| Cash at bank and in hand | 54/58 | €49,136 | €16,003 | -€33,133 | -67.4% |
| Deferred charges and accrued income | 490/1 | €4,201 | - | -€4,201 | |
| Total equity and liabilities | 10/49 | €203,993 | €203,905 | -€88 | 0.0% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €183,533 | €183,445 | -€88 | 0.0% |
| Amounts payable within one year | 42/48 | €183,533 | €183,445 | -€88 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | - | €10,144 | +€10,144 | |
| Trade debts | 44 | €3,369 | €603 | -€2,767 | -82.1% |
| Suppliers | 440/4 | €3,369 | €603 | -€2,767 | -82.1% |
| Taxes, remuneration and social security | 45 | €50,422 | €46,530 | -€3,892 | -7.7% |
| Taxes | 450/3 | €50,422 | €46,530 | -€3,892 | -7.7% |
| Other amounts payable | 47/48 | €129,741 | €126,169 | -€3,572 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,208 | €8,619 | +€411 | +5.0% |
| Other operating charges | 640/8 | €784 | €15,514 | +€14,730 | +1878.4% |
| Gross operating margin | 9900 | €182,822 | €192,086 | +€9,264 | +5.1% |
| Operating profit (loss) | 9901 | €173,830 | €167,953 | -€5,877 | -3.4% |
| Financial income | 75/76B | €579 | - | -€579 | |
| Recurring financial income | 75 | €579 | - | -€579 | |
| Financial charges | 65/66B | €2,833 | €4,046 | +€1,213 | +42.8% |
| Recurring financial charges | 65 | €2,833 | €4,046 | +€1,213 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €171,576 | €163,907 | -€7,669 | -4.5% |
| Income taxes | 67/77 | €41,835 | €37,332 | -€4,502 | -10.8% |
| Profit (loss) for the period | 9904 | €129,741 | €126,575 | -€3,166 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €129,741 | €126,575 | -€3,166 | -2.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.