RVS: what changed
RVS
Largest movements
- Tangible fixed assets -€8,009
down €8,009 (-88.5%), from €9,050 to €1,041
of which Other tangible fixed assets: -€5,578
- Stocks and contracts -€1,994
down €1,994 (-22.0%), from €9,080 to €7,086
- Receivables within one year -€1,948
down €1,948 (-40.4%), from €4,821 to €2,873
of which Other amounts receivable: -€2,268
- Deferred charges and accrued income -€1,860
down €1,860 (-68.3%), from €2,725 to €865
- Profit (loss) carried forward -€13,878
down €13,878 (-58.3%), from -€23,804 to -€37,681
- Other debts +€11,122
up €11,122 (+283%), from €3,937 to €15,059
- Accrued charges and deferred income -€8,614
down €8,614 (-87.5%), from €9,844 to €1,230
- Current portion of long-term debt -€7,370
no longer reported in 2025 (was €7,370)
- Trade debts +€5,896
up €5,896 (+80.1%), from €7,356 to €13,252
- Gross operating margin +€21,517
up €21,517 (+81.8%), from -€26,300 to -€4,784
- Depreciation -€1,786
down €1,786 (-18.2%), from €9,795 to €8,009
- Financial income -€355
no longer reported in 2025 (was €355)
- Taxes -€263
down €263 (-59.0%), from €446 to €183
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 | €26,313 | €12,501 | -€13,812 | -52.5% |
| Fixed assets | 21/28 | €9,425 | €1,416 | -€8,009 | -85.0% |
| Tangible fixed assets | 22/27 | €9,050 | €1,041 | -€8,009 | -88.5% |
| Plant, machinery and equipment | 23 | €3,472 | €1,041 | -€2,431 | -70.0% |
| Other tangible fixed assets | 26 | €5,578 | - | -€5,578 | |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €16,888 | €11,085 | -€5,803 | -34.4% |
| Stocks and contracts in progress | 3 | €9,080 | €7,086 | -€1,994 | -22.0% |
| Stocks | 30/36 | €9,080 | €7,086 | -€1,994 | -22.0% |
| Amounts receivable within one year | 40/41 | €4,821 | €2,873 | -€1,948 | -40.4% |
| Trade receivables | 40 | €1,264 | €1,584 | +€320 | +25.3% |
| Other amounts receivable | 41 | €3,557 | €1,289 | -€2,268 | -63.8% |
| Cash at bank and in hand | 54/58 | €262 | €262 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €2,725 | €865 | -€1,860 | -68.3% |
| Total equity and liabilities | 10/49 | €26,313 | €12,501 | -€13,812 | -52.5% |
| Equity | 10/15 | -€3,344 | -€17,221 | -€13,878 | -415% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€23,804 | -€37,681 | -€13,878 | -58.3% |
| Amounts payable | 17/49 | €29,657 | €29,722 | +€65 | +0.2% |
| Amounts payable within one year | 42/48 | €19,813 | €28,493 | +€8,679 | +43.8% |
| Current portion of amounts payable after more than one year | 42 | €7,370 | - | -€7,370 | |
| Trade debts | 44 | €7,356 | €13,252 | +€5,896 | +80.1% |
| Suppliers | 440/4 | €7,356 | €13,252 | +€5,896 | +80.1% |
| Taxes, remuneration and social security | 45 | €1,150 | €181 | -€969 | -84.2% |
| Taxes | 450/3 | €446 | €181 | -€265 | -59.4% |
| Remuneration and social security | 454/9 | €704 | - | -€704 | |
| Other amounts payable | 47/48 | €3,937 | €15,059 | +€11,122 | +283% |
| Accrued charges and deferred income | 492/3 | €9,844 | €1,230 | -€8,614 | -87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,795 | €8,009 | -€1,786 | -18.2% |
| Gross operating margin | 9900 | -€26,300 | -€4,784 | +€21,517 | +81.8% |
| Operating profit (loss) | 9901 | -€36,095 | -€12,793 | +€23,302 | +64.6% |
| Financial income | 75/76B | €355 | - | -€355 | |
| Recurring financial income | 75 | €355 | - | -€355 | |
| Financial charges | 65/66B | €1,155 | €902 | -€254 | -21.9% |
| Recurring financial charges | 65 | €1,155 | €902 | -€254 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€36,895 | -€13,694 | +€23,201 | +62.9% |
| Income taxes | 67/77 | €446 | €183 | -€263 | -59.0% |
| Profit (loss) for the period | 9904 | -€37,341 | -€13,878 | +€23,464 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,341 | -€13,878 | +€23,464 | +62.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.