RVM Team: 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.
What changed
RVM Team
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€9,261
2024 · €84,102-€74,842
Equity
€361,924
2024 · €352,663+€9,261
Cash
€386,386
2024 · €492,570-€106,184
Balance sheet total
€2.0m
2024 · €2.1m-€102,744
Largest movements
Assets
- Cash -€106,184
down €106,184 (-21.6%), from €492,570 to €386,386
mainly Other debts (-€181,783) and Investment in fixed assets (net) (-€113,897)
- Intangible fixed assets -€76,750
down €76,750 (-11.8%), from €648,007 to €571,257
- Receivables within one year +€75,941
up €75,941 (+99.3%), from €76,439 to €152,379
of which Trade receivables: +€48,945
Equity and liabilities
- Other debts -€181,783
down €181,783 (-98.4%), from €184,800 to €3,017
- Trade debts +€83,567
up €83,567 (+15.7%), from €532,837 to €616,404
- Debts after one year -€65,937
down €65,937 (-7.9%), from €832,518 to €766,582
Income statement
- Gross operating margin -€87,908
down €87,908 (-11.0%), from €797,511 to €709,603
- Taxes -€25,725
down €25,725 (-78.5%), from €32,761 to €7,036
- Depreciation +€8,618
up €8,618 (+4.9%), from €175,685 to €184,302
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.
Result 2024
€84,102
Gross operating margin
-€87,908
Staff costs
-€2,462
Depreciation
-€8,618
Other operating charges
+€98
Other operating items
+€3,432
Financial income
-€4,346
Financial charges
-€763
Taxes
+€25,725
Result 2025
€9,261
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€41,425
Investment
-€113,897
Financing
-€33,711
Cash 2024
€492,570
From operations (derived)
+€41,425
Net result for the year
+€9,261
Depreciation
+€184,302
Stocks and contracts
-€3,640
Receivables within one year
-€75,941
Deferred charges and accrued income
+€5,736
Trade debts
+€83,567
Tax, wage and social debts
+€13,768
Other debts
-€181,783
Accrued charges and deferred income
+€6,154
Investment (derived)
-€113,897
Investment in fixed assets (net)
-€113,897
Financing
-€33,711
Debts after one year
-€65,937
Current portion of long-term debt
+€17,474
Short-term financial debts
+€14,751
Cash 2025
€386,386
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,135,073 | €2,032,329 | -€102,744 | -4.8% |
| Formation expenses | 20 | €1,879 | €885 | -€994 | -52.9% |
| Fixed assets | 21/28 | €1,227,100 | €1,157,689 | -€69,411 | -5.7% |
| Intangible fixed assets | 21 | €648,007 | €571,257 | -€76,750 | -11.8% |
| Tangible fixed assets | 22/27 | €579,093 | €586,432 | +€7,339 | +1.3% |
| Plant, machinery and equipment | 23 | €494,044 | €506,048 | +€12,003 | +2.4% |
| Furniture and vehicles | 24 | €4,819 | €7,079 | +€2,260 | +46.9% |
| Other tangible fixed assets | 26 | €80,229 | €73,306 | -€6,924 | -8.6% |
| Current assets | 29/58 | €906,095 | €873,755 | -€32,340 | -3.6% |
| Stocks and contracts in progress | 3 | €317,859 | €321,499 | +€3,640 | +1.1% |
| Stocks | 30/36 | €317,859 | €321,499 | +€3,640 | +1.1% |
| Amounts receivable within one year | 40/41 | €76,439 | €152,379 | +€75,941 | +99.3% |
| Trade receivables | 40 | €36,697 | €85,642 | +€48,945 | +133% |
| Other amounts receivable | 41 | €39,741 | €66,737 | +€26,996 | +67.9% |
| Cash at bank and in hand | 54/58 | €492,570 | €386,386 | -€106,184 | -21.6% |
| Deferred charges and accrued income | 490/1 | €19,226 | €13,490 | -€5,736 | -29.8% |
| Total equity and liabilities | 10/49 | €2,135,073 | €2,032,329 | -€102,744 | -4.8% |
| Equity | 10/15 | €352,663 | €361,924 | +€9,261 | +2.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €102,663 | €111,924 | +€9,261 | +9.0% |
| Distributable reserves | 133 | €102,663 | €111,924 | +€9,261 | +9.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,782,410 | €1,670,405 | -€112,005 | -6.3% |
| Amounts payable after more than one year | 17 | €832,518 | €766,582 | -€65,937 | -7.9% |
| Financial debts | 170/4 | €832,518 | €766,582 | -€65,937 | -7.9% |
| Amounts payable within one year | 42/48 | €918,808 | €866,585 | -€52,223 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €130,280 | €147,754 | +€17,474 | +13.4% |
| Financial debts | 43 | - | €14,751 | +€14,751 | |
| Credit institutions | 430/8 | - | €14,751 | +€14,751 | |
| Trade debts | 44 | €532,837 | €616,404 | +€83,567 | +15.7% |
| Suppliers | 440/4 | €532,837 | €616,404 | +€83,567 | +15.7% |
| Taxes, remuneration and social security | 45 | €70,891 | €84,658 | +€13,768 | +19.4% |
| Taxes | 450/3 | - | €9,728 | +€9,728 | |
| Remuneration and social security | 454/9 | €70,891 | €74,930 | +€4,039 | +5.7% |
| Other amounts payable | 47/48 | €184,800 | €3,017 | -€181,783 | -98.4% |
| Accrued charges and deferred income | 492/3 | €31,083 | €37,238 | +€6,154 | +19.8% |
| Non-recurring operating income | 76A | €2,869 | €4,761 | +€1,891 | +65.9% |
| Remuneration, social security and pensions | 62 | €480,504 | €482,967 | +€2,462 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,685 | €184,302 | +€8,618 | +4.9% |
| Other operating charges | 640/8 | €1,448 | €1,350 | -€98 | -6.8% |
| Non-recurring operating charges | 66A | €3,432 | €0 | -€3,432 | -100% |
| Gross operating margin | 9900 | €797,511 | €709,603 | -€87,908 | -11.0% |
| Operating profit (loss) | 9901 | €136,442 | €40,985 | -€95,458 | -70.0% |
| Financial income | 75/76B | €5,723 | €1,376 | -€4,346 | -76.0% |
| Recurring financial income | 75 | €5,723 | €1,376 | -€4,346 | -76.0% |
| Financial charges | 65/66B | €25,302 | €26,064 | +€763 | +3.0% |
| Recurring financial charges | 65 | €25,302 | €21,133 | -€4,168 | -16.5% |
| Non-recurring financial charges | 66B | - | €4,931 | +€4,931 | |
| Profit (loss) for the period before taxes | 9903 | €116,863 | €16,296 | -€100,567 | -86.1% |
| Income taxes | 67/77 | €32,761 | €7,036 | -€25,725 | -78.5% |
| Profit (loss) for the period | 9904 | €84,102 | €9,261 | -€74,842 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,102 | €9,261 | -€74,842 | -89.0% |
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 17 October 2026 via checked.be.