RVN CONSULTANCY: 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.
RVN CONSULTANCY
Largest movements
- Financial fixed assets +€158,183
up €158,183 (+149%), from €106,008 to €264,192
- Current investments -€45,592
down €45,592 (-41.7%), from €109,204 to €63,612
- Tangible fixed assets -€14,189
down €14,189 (-32.0%), from €44,384 to €30,195
of which Furniture and vehicles: -€12,402
- Deferred charges and accrued income +€6,799
up €6,799 (+134%), from €5,071 to €11,870
- Cash -€5,704
down €5,704 (-4.2%), from €134,273 to €128,569
mainly Investment in fixed assets (net) (-€158,183) and Other debts (-€118,800)
- Reserves +€224,870
up €224,870 (+103%), from €219,374 to €444,243
- Other debts -€118,800
down €118,800 (-93.2%), from €127,525 to €8,725
- Debts after one year -€8,211
down €8,211 (-41.7%), from €19,706 to €11,495
- Financial income +€217,710
up €217,710 (+2,761%), from €7,886 to €225,596
- Taxes +€59,498
up €59,498 (+362%), from €16,429 to €75,926
- Gross operating margin +€22,409
up €22,409 (+23.8%), from €94,030 to €116,439
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 | €413,748 | €514,168 | +€100,420 | +24.3% |
| Fixed assets | 21/28 | €150,392 | €294,387 | +€143,995 | +95.7% |
| Tangible fixed assets | 22/27 | €44,384 | €30,195 | -€14,189 | -32.0% |
| Furniture and vehicles | 24 | €38,057 | €25,655 | -€12,402 | -32.6% |
| Other tangible fixed assets | 26 | €6,327 | €4,541 | -€1,787 | -28.2% |
| Financial fixed assets | 28 | €106,008 | €264,192 | +€158,183 | +149% |
| Current assets | 29/58 | €263,356 | €219,781 | -€43,575 | -16.5% |
| Amounts receivable within one year | 40/41 | €14,807 | €15,730 | +€922 | +6.2% |
| Trade receivables | 40 | €12,158 | €15,730 | +€3,571 | +29.4% |
| Other amounts receivable | 41 | €2,649 | €0 | -€2,649 | -100% |
| Current investments | 50/53 | €109,204 | €63,612 | -€45,592 | -41.7% |
| Cash at bank and in hand | 54/58 | €134,273 | €128,569 | -€5,704 | -4.2% |
| Deferred charges and accrued income | 490/1 | €5,071 | €11,870 | +€6,799 | +134% |
| Total equity and liabilities | 10/49 | €413,748 | €514,168 | +€100,420 | +24.3% |
| Equity | 10/15 | €237,974 | €462,843 | +€224,870 | +94.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €219,374 | €444,243 | +€224,870 | +103% |
| Distributable reserves | 133 | €219,374 | €444,243 | +€224,870 | +103% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €175,774 | €51,325 | -€124,449 | -70.8% |
| Amounts payable after more than one year | 17 | €19,706 | €11,495 | -€8,211 | -41.7% |
| Financial debts | 170/4 | €19,706 | €11,495 | -€8,211 | -41.7% |
| Amounts payable within one year | 42/48 | €152,272 | €35,007 | -€117,266 | -77.0% |
| Current portion of amounts payable after more than one year | 42 | €9,913 | €10,235 | +€322 | +3.2% |
| Trade debts | 44 | €1,569 | €1,189 | -€380 | -24.2% |
| Suppliers | 440/4 | €1,569 | €1,189 | -€380 | -24.2% |
| Taxes, remuneration and social security | 45 | €13,266 | €14,858 | +€1,592 | +12.0% |
| Taxes | 450/3 | €8,766 | €12,608 | +€3,842 | +43.8% |
| Remuneration and social security | 454/9 | €4,500 | €2,250 | -€2,250 | -50.0% |
| Other amounts payable | 47/48 | €127,525 | €8,725 | -€118,800 | -93.2% |
| Accrued charges and deferred income | 492/3 | €3,796 | €4,823 | +€1,027 | +27.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,724 | €14,189 | -€535 | -3.6% |
| Other operating charges | 640/8 | €952 | €917 | -€35 | -3.7% |
| Gross operating margin | 9900 | €94,030 | €116,439 | +€22,409 | +23.8% |
| Operating profit (loss) | 9901 | €78,355 | €101,334 | +€22,979 | +29.3% |
| Financial income | 75/76B | €7,886 | €225,596 | +€217,710 | +2,761% |
| Recurring financial income | 75 | €7,886 | €225,596 | +€217,710 | +2,761% |
| Financial charges | 65/66B | €5,611 | €6,134 | +€523 | +9.3% |
| Recurring financial charges | 65 | €5,611 | €6,134 | +€523 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €80,630 | €320,796 | +€240,166 | +298% |
| Income taxes | 67/77 | €16,429 | €75,926 | +€59,498 | +362% |
| Profit (loss) for the period | 9904 | €64,201 | €244,870 | +€180,668 | +281% |
| Profit (loss) for the period to be appropriated | 9905 | €64,201 | €244,870 | +€180,668 | +281% |
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 21 October 2026 via checked.be.