RVN: 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.
RVN
Largest movements
- Cash +€12,657
up €12,657 (+33.0%), from €38,304 to €50,961
mainly Depreciation (+€7,872) and Net result for the year (+€4,685)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€954
up €954 (+6.4%), from €14,797 to €15,751
- Other operating charges -€892
down €892 (-22.1%), from €4,040 to €3,148
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 | €1,019,174 | €1,023,959 | +€4,785 | +0.5% |
| Fixed assets | 21/28 | €980,870 | €972,998 | -€7,872 | -0.8% |
| Tangible fixed assets | 22/27 | €980,870 | €972,998 | -€7,872 | -0.8% |
| Land and buildings | 22 | €971,257 | €963,385 | -€7,872 | -0.8% |
| Furniture and vehicles | 24 | €9,613 | €9,613 | = | 0.0% |
| Current assets | 29/58 | €38,304 | €50,961 | +€12,657 | +33.0% |
| Cash at bank and in hand | 54/58 | €38,304 | €50,961 | +€12,657 | +33.0% |
| Total equity and liabilities | 10/49 | €1,019,174 | €1,023,959 | +€4,785 | +0.5% |
| Equity | 10/15 | €1,017,274 | €1,021,959 | +€4,685 | +0.5% |
| Contributions | 10/11 | €1,034,000 | €1,034,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,726 | -€12,041 | +€4,685 | +28.0% |
| Amounts payable | 17/49 | €1,900 | €2,000 | +€100 | +5.3% |
| Amounts payable within one year | 42/48 | €0 | - | = | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,900 | €2,000 | +€100 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,872 | €7,872 | = | 0.0% |
| Other operating charges | 640/8 | €4,040 | €3,148 | -€892 | -22.1% |
| Gross operating margin | 9900 | €14,797 | €15,751 | +€954 | +6.4% |
| Operating profit (loss) | 9901 | €2,884 | €4,730 | +€1,846 | +64.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €2,841 | €4,685 | +€1,844 | +64.9% |
| Profit (loss) for the period | 9904 | €2,841 | €4,685 | +€1,844 | +64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,841 | €4,685 | +€1,844 | +64.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.