RVanBaelen: 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.
RVanBaelen
Largest movements
- Tangible fixed assets -€14,695
down €14,695 (-15.2%), from €96,955 to €82,260
of which Furniture and vehicles: -€14,392
- Cash -€6,206
down €6,206 (-10.4%), from €59,900 to €53,694
mainly Debts after one year (-€18,982) and Net result for the year (-€3,100)
- Debts after one year -€18,982
down €18,982 (-24.8%), from €76,504 to €57,522
- Reserves -€3,118
down €3,118 (-3.9%), from €79,351 to €76,233
- Purchases and services +€33,657
up €33,657 (+122%), from €27,602 to €61,259
- Turnover +€32,900
up €32,900 (+78.1%), from €42,100 to €75,000
- Gross operating margin -€757
down €757 (-5.2%), from €14,498 to €13,741
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 | €156,855 | €135,954 | -€20,901 | -13.3% |
| Fixed assets | 21/28 | €96,955 | €82,260 | -€14,695 | -15.2% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €96,955 | €82,260 | -€14,695 | -15.2% |
| Plant, machinery and equipment | 23 | €417 | €217 | -€200 | -48.0% |
| Furniture and vehicles | 24 | €94,252 | €79,860 | -€14,392 | -15.3% |
| Other tangible fixed assets | 26 | €2,286 | €2,183 | -€103 | -4.5% |
| Current assets | 29/58 | €59,900 | €53,694 | -€6,206 | -10.4% |
| Cash at bank and in hand | 54/58 | €59,900 | €53,694 | -€6,206 | -10.4% |
| Total equity and liabilities | 10/49 | €156,855 | €135,954 | -€20,901 | -13.3% |
| Equity | 10/15 | €80,351 | €77,233 | -€3,118 | -3.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €79,351 | €76,233 | -€3,118 | -3.9% |
| Distributable reserves | 133 | €79,351 | €76,233 | -€3,118 | -3.9% |
| Amounts payable | 17/49 | €76,504 | €58,721 | -€17,783 | -23.2% |
| Amounts payable after more than one year | 17 | €76,504 | €57,522 | -€18,982 | -24.8% |
| Financial debts | 170/4 | €76,504 | €57,522 | -€18,982 | -24.8% |
| Amounts payable within one year | 42/48 | - | €1,199 | +€1,199 | |
| Current portion of amounts payable after more than one year | 42 | - | €1,199 | +€1,199 | |
| Turnover | 70 | €42,100 | €75,000 | +€32,900 | +78.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €27,602 | €61,259 | +€33,657 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,697 | €14,697 | = | 0.0% |
| Gross operating margin | 9900 | €14,498 | €13,741 | -€757 | -5.2% |
| Operating profit (loss) | 9901 | -€199 | -€956 | -€757 | -380% |
| Financial charges | 65/66B | €2,833 | €2,163 | -€670 | -23.6% |
| Recurring financial charges | 65 | €2,833 | €2,163 | -€670 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,032 | -€3,119 | -€87 | -2.9% |
| Income taxes | 67/77 | -€30 | -€19 | +€11 | +36.7% |
| Profit (loss) for the period | 9904 | -€3,002 | -€3,100 | -€98 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,002 | -€3,100 | -€98 | -3.3% |
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 25 October 2026 via checked.be.