RVM Construct: 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.
RVM Construct
Largest movements
- Receivables within one year +€14,651
up €14,651 (+25.0%), from €58,649 to €73,299
of which Trade receivables: +€9,149
- Other debts +€19,845
up €19,845 (+24.5%), from €80,897 to €100,742
- Tax, wage and social debts -€4,265
down €4,265 (-95.3%), from €4,475 to €210
- Profit (loss) carried forward -€3,228
down €3,228 (-9.4%), from -€34,244 to -€37,472
- Gross operating margin +€31,951
up €31,951, from -€27,875 to €4,075
- Financial charges +€6,349
up €6,349 (+1,435%), from €442 to €6,792
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 | €277,814 | €290,473 | +€12,659 | +4.6% |
| Current assets | 29/58 | €277,814 | €290,473 | +€12,659 | +4.6% |
| Stocks and contracts in progress | 3 | €217,173 | €217,173 | = | 0.0% |
| Stocks | 30/36 | €217,173 | €217,173 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,649 | €73,299 | +€14,651 | +25.0% |
| Trade receivables | 40 | €44,978 | €54,127 | +€9,149 | +20.3% |
| Other amounts receivable | 41 | €13,670 | €19,172 | +€5,502 | +40.2% |
| Cash at bank and in hand | 54/58 | €1,992 | - | -€1,992 | |
| Total equity and liabilities | 10/49 | €277,814 | €290,473 | +€12,659 | +4.6% |
| Equity | 10/15 | €5,104 | €1,877 | -€3,228 | -63.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,749 | €20,749 | = | 0.0% |
| Distributable reserves | 133 | €20,749 | €20,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,244 | -€37,472 | -€3,228 | -9.4% |
| Amounts payable | 17/49 | €272,710 | €288,596 | +€15,886 | +5.8% |
| Amounts payable within one year | 42/48 | €272,710 | €288,596 | +€15,886 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €1,243 | - | -€1,243 | |
| Financial debts | 43 | €150,000 | €150,948 | +€948 | +0.6% |
| Credit institutions | 430/8 | €150,000 | €150,948 | +€948 | +0.6% |
| Trade debts | 44 | €36,095 | €36,697 | +€601 | +1.7% |
| Suppliers | 440/4 | €36,095 | €36,697 | +€601 | +1.7% |
| Taxes, remuneration and social security | 45 | €4,475 | €210 | -€4,265 | -95.3% |
| Taxes | 450/3 | €4,475 | €210 | -€4,265 | -95.3% |
| Other amounts payable | 47/48 | €80,897 | €100,742 | +€19,845 | +24.5% |
| Non-recurring operating income | 76A | €3,581 | - | -€3,581 | |
| Other operating charges | 640/8 | €1,274 | €1,299 | +€25 | +1.9% |
| Gross operating margin | 9900 | -€27,875 | €4,075 | +€31,951 | |
| Operating profit (loss) | 9901 | -€29,149 | €2,777 | +€31,926 | |
| Financial income | 75/76B | €638 | €788 | +€149 | +23.4% |
| Recurring financial income | 75 | €638 | €788 | +€149 | +23.4% |
| Financial charges | 65/66B | €442 | €6,792 | +€6,349 | +1,435% |
| Recurring financial charges | 65 | €442 | €6,792 | +€6,349 | +1,435% |
| Profit (loss) for the period before taxes | 9903 | -€28,953 | -€3,228 | +€25,726 | +88.9% |
| Profit (loss) for the period | 9904 | -€28,953 | -€3,228 | +€25,726 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,953 | -€3,228 | +€25,726 | +88.9% |
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 16 October 2026 via checked.be.