RVL PLUS: 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.
RVL PLUS
Largest movements
- Receivables within one year +€58,739
up €58,739 (+130%), from €45,079 to €103,818
of which Trade receivables: +€75,963
- Tangible fixed assets +€19,531
up €19,531 (+214%), from €9,133 to €28,664
of which Plant, machinery and equipment: +€20,399
- Deferred charges and accrued income +€7,723
new in 2026: €7,723
- Cash +€2,509
up €2,509 (+112%), from €2,243 to €4,752
mainly Net result for the year (+€49,588) and Trade debts (+€39,205)
- Profit (loss) carried forward +€49,588
up €49,588 (+2,795%), from €1,774 to €51,362
- Trade debts +€39,205
new in 2026: €39,205
- Accrued charges and deferred income -€24,829
no longer reported in 2026 (was €24,829)
- Tax, wage and social debts +€17,096
up €17,096 (+286%), from €5,984 to €23,080
- Other debts +€7,442
up €7,442 (+221%), from €3,368 to €10,810
- Gross operating margin +€43,030
up €43,030 (+179%), from €23,982 to €67,012
- Taxes +€9,978
up €9,978 (+152%), from €6,551 to €16,529
- Financial income +€1,202
new in 2026: €1,202
- Depreciation +€806
up €806 (+491%), from €164 to €970
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,955 | €146,457 | +€88,502 | +153% |
| Fixed assets | 21/28 | €10,633 | €30,164 | +€19,531 | +184% |
| Tangible fixed assets | 22/27 | €9,133 | €28,664 | +€19,531 | +214% |
| Plant, machinery and equipment | 23 | - | €20,399 | +€20,399 | |
| Furniture and vehicles | 24 | €6,745 | €6,275 | -€470 | -7.0% |
| Other tangible fixed assets | 26 | €2,388 | €1,990 | -€398 | -16.7% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €47,322 | €116,293 | +€68,971 | +146% |
| Amounts receivable within one year | 40/41 | €45,079 | €103,818 | +€58,739 | +130% |
| Trade receivables | 40 | €22,093 | €98,056 | +€75,963 | +344% |
| Other amounts receivable | 41 | €22,986 | €5,762 | -€17,224 | -74.9% |
| Cash at bank and in hand | 54/58 | €2,243 | €4,752 | +€2,509 | +112% |
| Deferred charges and accrued income | 490/1 | - | €7,723 | +€7,723 | |
| Total equity and liabilities | 10/49 | €57,955 | €146,457 | +€88,502 | +153% |
| Equity | 10/15 | €23,774 | €73,362 | +€49,588 | +209% |
| Contributions | 10/11 | €22,000 | €20,000 | -€2,000 | -9.1% |
| Reserves | 13 | - | €2,000 | +€2,000 | |
| Non-distributable reserves | 130/1 | - | €2,000 | +€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €1,774 | €51,362 | +€49,588 | +2,795% |
| Amounts payable | 17/49 | €34,181 | €73,095 | +€38,914 | +114% |
| Amounts payable within one year | 42/48 | €9,352 | €73,095 | +€63,743 | +682% |
| Trade debts | 44 | - | €39,205 | +€39,205 | |
| Suppliers | 440/4 | - | €39,205 | +€39,205 | |
| Taxes, remuneration and social security | 45 | €5,984 | €23,080 | +€17,096 | +286% |
| Taxes | 450/3 | €5,984 | €23,080 | +€17,096 | +286% |
| Other amounts payable | 47/48 | €3,368 | €10,810 | +€7,442 | +221% |
| Accrued charges and deferred income | 492/3 | €24,829 | - | -€24,829 | |
| Remuneration, social security and pensions | 62 | €40 | €482 | +€442 | +1,105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164 | €970 | +€806 | +491% |
| Other operating charges | 640/8 | €167 | €72 | -€95 | -56.9% |
| Gross operating margin | 9900 | €23,982 | €67,012 | +€43,030 | +179% |
| Operating profit (loss) | 9901 | €23,611 | €65,488 | +€41,877 | +177% |
| Financial income | 75/76B | - | €1,202 | +€1,202 | |
| Recurring financial income | 75 | - | €1,202 | +€1,202 | |
| Financial charges | 65/66B | €96 | €573 | +€477 | +497% |
| Recurring financial charges | 65 | €96 | €573 | +€477 | +497% |
| Profit (loss) for the period before taxes | 9903 | €23,515 | €66,117 | +€42,602 | +181% |
| Income taxes | 67/77 | €6,551 | €16,529 | +€9,978 | +152% |
| Profit (loss) for the period | 9904 | €16,964 | €49,588 | +€32,624 | +192% |
| Profit (loss) for the period to be appropriated | 9905 | €16,964 | €49,588 | +€32,624 | +192% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.