RVR PRODUCTION: 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.
RVR PRODUCTION
Largest movements
- Tangible fixed assets -€15,095
down €15,095 (-9.2%), from €164,357 to €149,262
of which Land and buildings: -€14,333
- Cash +€9,660
up €9,660 (+834%), from €1,159 to €10,819
mainly Depreciation (+€15,095) and Accrued charges and deferred income (+€394)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€11,898
up €11,898 (+622%), from €1,914 to €13,812
- Depreciation -€4,443
down €4,443 (-22.7%), from €19,537 to €15,095
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 | €638,376 | €633,083 | -€5,293 | -0.8% |
| Fixed assets | 21/28 | €636,857 | €621,762 | -€15,095 | -2.4% |
| Tangible fixed assets | 22/27 | €164,357 | €149,262 | -€15,095 | -9.2% |
| Land and buildings | 22 | €162,833 | €148,500 | -€14,333 | -8.8% |
| Plant, machinery and equipment | 23 | €1,524 | €762 | -€762 | -50.0% |
| Financial fixed assets | 28 | €472,500 | €472,500 | = | 0.0% |
| Current assets | 29/58 | €1,519 | €11,321 | +€9,802 | +645% |
| Cash at bank and in hand | 54/58 | €1,159 | €10,819 | +€9,660 | +834% |
| Deferred charges and accrued income | 490/1 | €361 | €503 | +€142 | +39.4% |
| Total equity and liabilities | 10/49 | €638,376 | €633,083 | -€5,293 | -0.8% |
| Equity | 10/15 | €7,257 | €1,882 | -€5,376 | -74.1% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €18,860 | €18,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,203 | -€29,578 | -€5,376 | -22.2% |
| Amounts payable | 17/49 | €631,119 | €631,202 | +€83 | 0.0% |
| Amounts payable within one year | 42/48 | €631,096 | €630,785 | -€311 | 0.0% |
| Trade debts | 44 | €198,169 | €198,316 | +€147 | +0.1% |
| Suppliers | 440/4 | €198,169 | €198,316 | +€147 | +0.1% |
| Other amounts payable | 47/48 | €432,927 | €432,469 | -€458 | -0.1% |
| Accrued charges and deferred income | 492/3 | €23 | €417 | +€394 | +1,720% |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,537 | €15,095 | -€4,443 | -22.7% |
| Other operating charges | 640/8 | €3,973 | €3,918 | -€55 | -1.4% |
| Gross operating margin | 9900 | €1,914 | €13,812 | +€11,898 | +622% |
| Operating profit (loss) | 9901 | -€21,597 | -€5,201 | +€16,396 | +75.9% |
| Financial charges | 65/66B | €180 | €174 | -€6 | -3.1% |
| Recurring financial charges | 65 | €180 | €174 | -€6 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,777 | -€5,376 | +€16,401 | +75.3% |
| Profit (loss) for the period | 9904 | -€21,777 | -€5,376 | +€16,401 | +75.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,777 | -€5,376 | +€16,401 | +75.3% |
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.