RVA TRADING: 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.
RVA TRADING
Largest movements
- Tangible fixed assets -€61,347
down €61,347 (-6.3%), from €970,079 to €908,732
of which Other tangible fixed assets: -€49,179
- Receivables within one year -€35,029
down €35,029 (-46.3%), from €75,616 to €40,588
of which Other amounts receivable: -€39,316
- Cash -€30,731
down €30,731 (-59.9%), from €51,263 to €20,532
mainly Contributions, distributions and other (-€185,055) and Tax, wage and social debts (-€59,774)
- Tax, wage and social debts -€59,774
down €59,774 (-91.1%), from €65,625 to €5,851
of which Taxes: -€57,175
- Reserves -€42,335
down €42,335 (-5.8%), from €732,258 to €689,923
- Debts after one year -€27,195
down €27,195 (-10.2%), from €265,404 to €238,209
- Gross operating margin +€13,581
up €13,581 (+5.2%), from €260,814 to €274,395
- Depreciation +€3,009
up €3,009 (+4.6%), from €65,759 to €68,767
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 | €1,100,206 | €972,691 | -€127,515 | -11.6% |
| Fixed assets | 21/28 | €970,079 | €908,732 | -€61,347 | -6.3% |
| Tangible fixed assets | 22/27 | €970,079 | €908,732 | -€61,347 | -6.3% |
| Furniture and vehicles | 24 | €19,523 | €7,355 | -€12,169 | -62.3% |
| Other tangible fixed assets | 26 | €950,556 | €901,377 | -€49,179 | -5.2% |
| Current assets | 29/58 | €130,126 | €63,959 | -€66,168 | -50.8% |
| Amounts receivable within one year | 40/41 | €75,616 | €40,588 | -€35,029 | -46.3% |
| Trade receivables | 40 | €36,300 | €40,588 | +€4,288 | +11.8% |
| Other amounts receivable | 41 | €39,316 | - | -€39,316 | |
| Cash at bank and in hand | 54/58 | €51,263 | €20,532 | -€30,731 | -59.9% |
| Deferred charges and accrued income | 490/1 | €3,247 | €2,839 | -€408 | -12.6% |
| Total equity and liabilities | 10/49 | €1,100,206 | €972,691 | -€127,515 | -11.6% |
| Equity | 10/15 | €737,258 | €694,923 | -€42,335 | -5.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €732,258 | €689,923 | -€42,335 | -5.8% |
| Distributable reserves | 133 | €732,258 | €689,923 | -€42,335 | -5.8% |
| Amounts payable | 17/49 | €362,947 | €277,768 | -€85,180 | -23.5% |
| Amounts payable after more than one year | 17 | €265,404 | €238,209 | -€27,195 | -10.2% |
| Financial debts | 170/4 | €265,404 | €238,209 | -€27,195 | -10.2% |
| Amounts payable within one year | 42/48 | €97,543 | €39,559 | -€57,984 | -59.4% |
| Current portion of amounts payable after more than one year | 42 | €31,175 | €27,195 | -€3,980 | -12.8% |
| Trade debts | 44 | €743 | €2,975 | +€2,232 | +301% |
| Suppliers | 440/4 | €743 | €2,975 | +€2,232 | +301% |
| Taxes, remuneration and social security | 45 | €65,625 | €5,851 | -€59,774 | -91.1% |
| Taxes | 450/3 | €63,027 | €5,851 | -€57,175 | -90.7% |
| Remuneration and social security | 454/9 | €2,599 | - | -€2,599 | |
| Other amounts payable | 47/48 | - | €3,537 | +€3,537 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,759 | €68,767 | +€3,009 | +4.6% |
| Other operating charges | 640/8 | €3,244 | €5,959 | +€2,715 | +83.7% |
| Gross operating margin | 9900 | €260,814 | €274,395 | +€13,581 | +5.2% |
| Operating profit (loss) | 9901 | €191,811 | €199,668 | +€7,858 | +4.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,720 | €5,925 | +€205 | +3.6% |
| Recurring financial charges | 65 | €5,720 | €5,925 | +€205 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €186,091 | €193,744 | +€7,652 | +4.1% |
| Income taxes | 67/77 | €52,214 | €51,024 | -€1,191 | -2.3% |
| Profit (loss) for the period | 9904 | €133,877 | €142,720 | +€8,843 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €133,877 | €142,720 | +€8,843 | +6.6% |
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 20 October 2026 via checked.be.