RVE Consulting: 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.
RVE Consulting
Largest movements
- Receivables within one year -€129,972
down €129,972 (-60.1%), from €216,280 to €86,308
of which Trade receivables: -€146,909
- Tangible fixed assets +€32,587
up €32,587 (+4.0%), from €815,649 to €848,236
of which Plant, machinery and equipment: +€72,405
- Reserves -€176,648
down €176,648 (-68.2%), from €259,054 to €82,406
- Trade debts +€135,001
up €135,001 (+252%), from €53,501 to €188,502
- Debts after one year -€54,896
down €54,896 (-9.6%), from €569,346 to €514,451
- Short-term financial debts +€22,804
new in 2025: €22,804
- Tax, wage and social debts -€19,564
down €19,564 (-26.9%), from €72,732 to €53,167
of which Taxes: -€18,900
- Gross operating margin -€256,683
down €256,683, from €193,631 to -€63,052
- Taxes -€17,575
down €17,575 (-98.3%), from €17,871 to €296
- Depreciation +€12,949
up €12,949 (+22.6%), from €57,275 to €70,224
- Other operating charges +€5,810
up €5,810 (+62.4%), from €9,305 to €15,115
- Financial charges +€4,372
up €4,372 (+33.7%), from €12,963 to €17,335
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 | €1,037,319 | €936,368 | -€100,951 | -9.7% |
| Fixed assets | 21/28 | €815,649 | €848,236 | +€32,587 | +4.0% |
| Tangible fixed assets | 22/27 | €815,649 | €848,236 | +€32,587 | +4.0% |
| Land and buildings | 22 | €685,821 | €664,609 | -€21,212 | -3.1% |
| Plant, machinery and equipment | 23 | €48,089 | €120,493 | +€72,405 | +151% |
| Furniture and vehicles | 24 | €80,727 | €62,280 | -€18,447 | -22.9% |
| Other tangible fixed assets | 26 | €1,013 | €853 | -€159 | -15.7% |
| Current assets | 29/58 | €221,670 | €88,133 | -€133,538 | -60.2% |
| Amounts receivable within one year | 40/41 | €216,280 | €86,308 | -€129,972 | -60.1% |
| Trade receivables | 40 | €208,206 | €61,297 | -€146,909 | -70.6% |
| Other amounts receivable | 41 | €8,074 | €25,011 | +€16,937 | +210% |
| Cash at bank and in hand | 54/58 | €3,753 | €0 | -€3,753 | -100% |
| Deferred charges and accrued income | 490/1 | €1,637 | €1,825 | +€188 | +11.5% |
| Total equity and liabilities | 10/49 | €1,037,319 | €936,368 | -€100,951 | -9.7% |
| Equity | 10/15 | €261,554 | €84,906 | -€176,648 | -67.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €259,054 | €82,406 | -€176,648 | -68.2% |
| Distributable reserves | 133 | €259,054 | €82,406 | -€176,648 | -68.2% |
| Amounts payable | 17/49 | €775,765 | €851,462 | +€75,697 | +9.8% |
| Amounts payable after more than one year | 17 | €569,346 | €514,451 | -€54,896 | -9.6% |
| Financial debts | 170/4 | €569,346 | €514,451 | -€54,896 | -9.6% |
| Amounts payable within one year | 42/48 | €188,404 | €337,011 | +€148,606 | +78.9% |
| Current portion of amounts payable after more than one year | 42 | €62,172 | €72,538 | +€10,366 | +16.7% |
| Financial debts | 43 | - | €22,804 | +€22,804 | |
| Credit institutions | 430/8 | - | €22,804 | +€22,804 | |
| Trade debts | 44 | €53,501 | €188,502 | +€135,001 | +252% |
| Suppliers | 440/4 | €53,501 | €188,502 | +€135,001 | +252% |
| Taxes, remuneration and social security | 45 | €72,732 | €53,167 | -€19,564 | -26.9% |
| Taxes | 450/3 | €72,068 | €53,167 | -€18,900 | -26.2% |
| Remuneration and social security | 454/9 | €664 | €0 | -€664 | -100% |
| Accrued charges and deferred income | 492/3 | €18,014 | €0 | -€18,014 | -100% |
| Non-recurring operating income | 76A | €25,786 | €0 | -€25,786 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,275 | €70,224 | +€12,949 | +22.6% |
| Other operating charges | 640/8 | €9,305 | €15,115 | +€5,810 | +62.4% |
| Non-recurring operating charges | 66A | - | €10,626 | +€10,626 | |
| Gross operating margin | 9900 | €193,631 | -€63,052 | -€256,683 | |
| Operating profit (loss) | 9901 | €127,052 | -€159,017 | -€286,068 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €12,963 | €17,335 | +€4,372 | +33.7% |
| Recurring financial charges | 65 | €12,963 | €17,335 | +€4,372 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €114,089 | -€176,352 | -€290,440 | |
| Income taxes | 67/77 | €17,871 | €296 | -€17,575 | -98.3% |
| Profit (loss) for the period | 9904 | €96,218 | -€176,648 | -€272,866 | |
| Profit (loss) for the period to be appropriated | 9905 | €96,218 | -€176,648 | -€272,866 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.