RVP: 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.
RVP
Largest movements
- Tangible fixed assets -€17,540
down €17,540 (-7.7%), from €229,216 to €211,676
of which Land and buildings: -€17,540
- Other debts -€19,775
down €19,775 (-11.2%), from €177,048 to €157,273
- Profit (loss) carried forward +€4,560
up €4,560 (+3.9%), from -€117,266 to -€112,707
- Depreciation -€12,921
down €12,921 (-42.4%), from €30,461 to €17,540
- Gross operating margin -€2,711
down €2,711 (-8.2%), from €32,892 to €30,181
- Financial charges -€683
down €683 (-10.1%), from €6,764 to €6,081
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 | €229,854 | €213,889 | -€15,964 | -6.9% |
| Fixed assets | 21/28 | €229,280 | €211,740 | -€17,540 | -7.7% |
| Tangible fixed assets | 22/27 | €229,216 | €211,676 | -€17,540 | -7.7% |
| Land and buildings | 22 | €228,891 | €211,352 | -€17,540 | -7.7% |
| Plant, machinery and equipment | 23 | €324 | €324 | = | 0.0% |
| Financial fixed assets | 28 | €64 | €64 | = | 0.0% |
| Current assets | 29/58 | €574 | €2,150 | +€1,576 | +274.6% |
| Amounts receivable within one year | 40/41 | €185 | - | -€185 | |
| Other amounts receivable | 41 | €185 | - | -€185 | |
| Cash at bank and in hand | 54/58 | €389 | €2,150 | +€1,761 | +453.1% |
| Total equity and liabilities | 10/49 | €229,854 | €213,889 | -€15,964 | -6.9% |
| Equity | 10/15 | €51,536 | €55,473 | +€3,937 | +7.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €14,111 | €14,111 | = | 0.0% |
| Reserves | 13 | €4,692 | €4,069 | -€623 | -13.3% |
| Non-distributable reserves | 130/1 | €4,069 | €4,069 | = | 0.0% |
| Legal reserve | 130 | €4,069 | €4,069 | = | 0.0% |
| Tax-exempt reserves | 132 | €623 | - | -€623 | |
| Profit (loss) carried forward | 14 | -€117,266 | -€112,707 | +€4,560 | +3.9% |
| Amounts payable | 17/49 | €178,317 | €158,416 | -€19,901 | -11.2% |
| Amounts payable within one year | 42/48 | €178,317 | €158,416 | -€19,901 | -11.2% |
| Trade debts | 44 | €126 | - | -€126 | |
| Suppliers | 440/4 | €126 | - | -€126 | |
| Taxes, remuneration and social security | 45 | €1,143 | €1,144 | +€0 | 0.0% |
| Taxes | 450/3 | €1,143 | €1,144 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €177,048 | €157,273 | -€19,775 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,461 | €17,540 | -€12,921 | -42.4% |
| Other operating charges | 640/8 | €2,545 | €2,623 | +€78 | +3.1% |
| Gross operating margin | 9900 | €32,892 | €30,181 | -€2,711 | -8.2% |
| Operating profit (loss) | 9901 | -€115 | €10,018 | +€10,132 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -72.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -72.7% |
| Financial charges | 65/66B | €6,764 | €6,081 | -€683 | -10.1% |
| Recurring financial charges | 65 | €6,764 | €6,081 | -€683 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,879 | €3,937 | +€10,816 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€6,879 | €3,937 | +€10,816 | |
| Transfer from tax-exempt reserves | 789 | €12,843 | €623 | -€12,220 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,964 | €4,560 | -€1,405 | -23.6% |
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 9 October 2026 via checked.be.