RVRS: what changed
RVRS
Largest movements
- Tangible fixed assets -€11,883
down €11,883 (-26.7%), from €44,534 to €32,651
- Receivables within one year +€3,332
up €3,332 (+23.4%), from €14,232 to €17,564
of which Other amounts receivable: +€4,180
- Cash +€603
up €603 (+190%), from €317 to €921
mainly Depreciation (+€11,883) and Trade debts (+€4,771)
- Debts after one year -€8,903
down €8,903 (-28.5%), from €31,276 to €22,373
- Trade debts +€4,771
up €4,771 (+425%), from €1,123 to €5,894
- Reserves -€4,432
down €4,432 (-34.4%), from €12,872 to €8,440
- Gross operating margin -€18,257
down €18,257 (-61.2%), from €29,832 to €11,575
- Other operating charges -€6,810
down €6,810 (-84.6%), from €8,046 to €1,236
- Financial charges -€1,786
down €1,786 (-40.9%), from €4,363 to €2,577
- Taxes -€1,305
down €1,305 (-62.7%), from €2,082 to €776
- Depreciation +€1,108
up €1,108 (+10.3%), from €10,775 to €11,883
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,174 | €52,278 | -€7,896 | -13.1% |
| Fixed assets | 21/28 | €44,534 | €32,651 | -€11,883 | -26.7% |
| Tangible fixed assets | 22/27 | €44,534 | €32,651 | -€11,883 | -26.7% |
| Furniture and vehicles | 24 | €44,534 | €32,651 | -€11,883 | -26.7% |
| Current assets | 29/58 | €15,640 | €19,627 | +€3,987 | +25.5% |
| Amounts receivable within one year | 40/41 | €14,232 | €17,564 | +€3,332 | +23.4% |
| Trade receivables | 40 | €6,625 | €5,777 | -€848 | -12.8% |
| Other amounts receivable | 41 | €7,607 | €11,788 | +€4,180 | +54.9% |
| Cash at bank and in hand | 54/58 | €317 | €921 | +€603 | +190% |
| Deferred charges and accrued income | 490/1 | €1,090 | €1,142 | +€52 | +4.8% |
| Total equity and liabilities | 10/49 | €60,174 | €52,278 | -€7,896 | -13.1% |
| Equity | 10/15 | €17,872 | €13,440 | -€4,432 | -24.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,872 | €8,440 | -€4,432 | -34.4% |
| Distributable reserves | 133 | €12,872 | €8,440 | -€4,432 | -34.4% |
| Amounts payable | 17/49 | €42,302 | €38,839 | -€3,464 | -8.2% |
| Amounts payable after more than one year | 17 | €31,276 | €22,373 | -€8,903 | -28.5% |
| Financial debts | 170/4 | €31,276 | €22,373 | -€8,903 | -28.5% |
| Amounts payable within one year | 42/48 | €11,026 | €16,465 | +€5,439 | +49.3% |
| Current portion of amounts payable after more than one year | 42 | €8,321 | €8,903 | +€582 | +7.0% |
| Trade debts | 44 | €1,123 | €5,894 | +€4,771 | +425% |
| Suppliers | 440/4 | €1,123 | €5,894 | +€4,771 | +425% |
| Taxes, remuneration and social security | 45 | €1,582 | €1,668 | +€87 | +5.5% |
| Taxes | 450/3 | €582 | €1,668 | +€1,087 | +187% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,775 | €11,883 | +€1,108 | +10.3% |
| Other operating charges | 640/8 | €8,046 | €1,236 | -€6,810 | -84.6% |
| Gross operating margin | 9900 | €29,832 | €11,575 | -€18,257 | -61.2% |
| Operating profit (loss) | 9901 | €11,012 | -€1,543 | -€12,555 | |
| Financial income | 75/76B | €267 | €464 | +€198 | +74.3% |
| Recurring financial income | 75 | €267 | €464 | +€198 | +74.3% |
| Financial charges | 65/66B | €4,363 | €2,577 | -€1,786 | -40.9% |
| Recurring financial charges | 65 | €4,363 | €2,577 | -€1,786 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €6,915 | -€3,656 | -€10,571 | |
| Income taxes | 67/77 | €2,082 | €776 | -€1,305 | -62.7% |
| Profit (loss) for the period | 9904 | €4,833 | -€4,432 | -€9,266 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,833 | -€4,432 | -€9,266 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.