RVB Projects: 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.
RVB Projects
Largest movements
- Receivables within one year -€331,955
down €331,955 (-97.3%), from €341,191 to €9,236
- Stocks and contracts +€239,409
up €239,409 (+253.8%), from €94,333 to €333,742
- Cash +€95,838
up €95,838 (+20224.1%), from €474 to €96,312
mainly Receivables within one year (+€331,955) and Net result for the year (+€3,502)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€7,361
down €7,361 (-68.4%), from €10,767 to €3,406
- Taxes +€1,209
up €1,209 (+1154.1%), from €105 to €1,313
- Financial income -€130
down €130 (-5.9%), from €2,209 to €2,079
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 | €435,998 | €439,477 | +€3,479 | +0.8% |
| Current assets | 29/58 | €435,998 | €439,477 | +€3,479 | +0.8% |
| Stocks and contracts in progress | 3 | €94,333 | €333,742 | +€239,409 | +253.8% |
| Stocks | 30/36 | €94,333 | €333,742 | +€239,409 | +253.8% |
| Amounts receivable within one year | 40/41 | €341,191 | €9,236 | -€331,955 | -97.3% |
| Other amounts receivable | 41 | €341,191 | €9,236 | -€331,955 | -97.3% |
| Cash at bank and in hand | 54/58 | €474 | €96,312 | +€95,838 | +20224.1% |
| Deferred charges and accrued income | 490/1 | - | €187 | +€187 | |
| Total equity and liabilities | 10/49 | €435,998 | €439,477 | +€3,479 | +0.8% |
| Equity | 10/15 | €62,279 | €65,781 | +€3,502 | +5.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €279 | €3,781 | +€3,502 | +1254.1% |
| Non-distributable reserves | 130/1 | €279 | €3,781 | +€3,502 | +1254.1% |
| Legal reserve | 130 | €279 | €3,781 | +€3,502 | +1254.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €373,719 | €373,696 | -€23 | 0.0% |
| Amounts payable within one year | 42/48 | €373,694 | €373,696 | +€2 | 0.0% |
| Trade debts | 44 | €126 | €128 | +€2 | +1.6% |
| Suppliers | 440/4 | €126 | €128 | +€2 | +1.6% |
| Taxes, remuneration and social security | 45 | €105 | €105 | = | 0.0% |
| Taxes | 450/3 | €105 | €105 | = | 0.0% |
| Other amounts payable | 47/48 | €373,463 | €373,463 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €25 | €0 | -€25 | -100.0% |
| Other operating charges | 640/8 | €718 | €615 | -€103 | -14.3% |
| Gross operating margin | 9900 | €10,767 | €3,406 | -€7,361 | -68.4% |
| Operating profit (loss) | 9901 | €10,049 | €2,791 | -€7,258 | -72.2% |
| Financial income | 75/76B | €2,209 | €2,079 | -€130 | -5.9% |
| Recurring financial income | 75 | €2,209 | €2,079 | -€130 | -5.9% |
| Financial charges | 65/66B | €3 | €54 | +€51 | +1700.0% |
| Recurring financial charges | 65 | €3 | €54 | +€51 | +1700.0% |
| Profit (loss) for the period before taxes | 9903 | €12,255 | €4,815 | -€7,440 | -60.7% |
| Income taxes | 67/77 | €105 | €1,313 | +€1,209 | +1154.1% |
| Profit (loss) for the period | 9904 | €12,150 | €3,502 | -€8,648 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,150 | €3,502 | -€8,648 | -71.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.