RVDB Work: 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.
RVDB Work
Largest movements
- Tangible fixed assets -€25,371
down €25,371 (-11.0%), from €231,232 to €205,861
of which Furniture and vehicles: -€17,786
- Debts after one year -€15,661
down €15,661 (-27.2%), from €57,644 to €41,983
- Current portion of long-term debt -€5,543
down €5,543 (-25.4%), from €21,814 to €16,271
- Profit (loss) carried forward -€3,387
down €3,387 (-22.8%), from €14,844 to €11,457
- Gross operating margin -€34,585
down €34,585 (-46.7%), from €74,041 to €39,456
- Depreciation -€10,435
down €10,435 (-21.3%), from €49,023 to €38,588
- Taxes -€3,951
down €3,951 (-100.0%), from €3,951 to €0
- Other operating charges -€3,196
down €3,196 (-70.6%), from €4,527 to €1,331
- Financial charges +€1,200
up €1,200 (+68.4%), from €1,755 to €2,956
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 | €273,240 | €245,102 | -€28,137 | -10.3% |
| Fixed assets | 21/28 | €243,577 | €216,706 | -€26,871 | -11.0% |
| Intangible fixed assets | 21 | €12,345 | €10,845 | -€1,500 | -12.2% |
| Tangible fixed assets | 22/27 | €231,232 | €205,861 | -€25,371 | -11.0% |
| Plant, machinery and equipment | 23 | €161,499 | €153,914 | -€7,585 | -4.7% |
| Furniture and vehicles | 24 | €69,733 | €51,947 | -€17,786 | -25.5% |
| Current assets | 29/58 | €29,663 | €28,396 | -€1,266 | -4.3% |
| Amounts receivable within one year | 40/41 | €20,186 | €20,895 | +€709 | +3.5% |
| Trade receivables | 40 | €9,725 | €19,041 | +€9,316 | +95.8% |
| Other amounts receivable | 41 | €10,461 | €1,853 | -€8,607 | -82.3% |
| Cash at bank and in hand | 54/58 | €9,476 | €7,502 | -€1,975 | -20.8% |
| Total equity and liabilities | 10/49 | €273,240 | €245,102 | -€28,137 | -10.3% |
| Equity | 10/15 | €39,844 | €36,457 | -€3,387 | -8.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Outside capital | 11 | €25,000 | - | -€25,000 | |
| Other | 1109/19 | €25,000 | - | -€25,000 | |
| Profit (loss) carried forward | 14 | €14,844 | €11,457 | -€3,387 | -22.8% |
| Amounts payable | 17/49 | €233,396 | €208,646 | -€24,750 | -10.6% |
| Amounts payable after more than one year | 17 | €57,644 | €41,983 | -€15,661 | -27.2% |
| Financial debts | 170/4 | €57,644 | €41,983 | -€15,661 | -27.2% |
| Amounts payable within one year | 42/48 | €175,752 | €166,662 | -€9,089 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €21,814 | €16,271 | -€5,543 | -25.4% |
| Trade debts | 44 | €8,553 | €7,684 | -€870 | -10.2% |
| Suppliers | 440/4 | €8,553 | €7,684 | -€870 | -10.2% |
| Taxes, remuneration and social security | 45 | €3,951 | €3,263 | -€688 | -17.4% |
| Taxes | 450/3 | €3,951 | €3,263 | -€688 | -17.4% |
| Other amounts payable | 47/48 | €141,434 | €139,445 | -€1,989 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,023 | €38,588 | -€10,435 | -21.3% |
| Other operating charges | 640/8 | €4,527 | €1,331 | -€3,196 | -70.6% |
| Gross operating margin | 9900 | €74,041 | €39,456 | -€34,585 | -46.7% |
| Operating profit (loss) | 9901 | €20,491 | -€463 | -€20,954 | |
| Financial income | 75/76B | €59 | €31 | -€27 | -46.7% |
| Recurring financial income | 75 | €59 | €31 | -€27 | -46.7% |
| Financial charges | 65/66B | €1,755 | €2,956 | +€1,200 | +68.4% |
| Recurring financial charges | 65 | €1,755 | €2,956 | +€1,200 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | €18,794 | -€3,387 | -€22,182 | |
| Income taxes | 67/77 | €3,951 | €0 | -€3,951 | -100.0% |
| Profit (loss) for the period | 9904 | €14,844 | -€3,387 | -€18,231 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,844 | -€3,387 | -€18,231 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.