RVS BUILDING: 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.
RVS BUILDING
Largest movements
- Stocks and contracts +€5.2m
up €5.2m (+72.2%), from €7.3m to €12.5m
- Receivables within one year -€991,565
down €991,565 (-40.9%), from €2.4m to €1.4m
of which Other amounts receivable: -€1.1m
- Accrued charges and deferred income +€2.8m
up €2.8m (+89.5%), from €3.1m to €5.8m
- Trade debts +€772,481
up €772,481 (+98.3%), from €786,055 to €1.6m
- Other debts +€646,215
up €646,215 (+26.7%), from €2.4m to €3.1m
- Tax, wage and social debts -€293,311
down €293,311 (-55.1%), from €532,490 to €239,179
- Debts after one year +€243,969
up €243,969 (+8.9%), from €2.7m to €3.0m
- Gross operating margin -€149,258
down €149,258 (-74.4%), from €200,683 to €51,425
- Other operating charges -€56,585
down €56,585 (-93.4%), from €60,570 to €3,986
- Taxes -€41,872
down €41,872 (-97.3%), from €43,044 to €1,172
- Financial income -€3,443
down €3,443 (-99.1%), from €3,475 to €32
- Financial charges +€2,661
up €2,661 (+6.9%), from €38,413 to €41,074
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 | €9,763,080 | €14,024,954 | +€4.3m | +43.7% |
| Fixed assets | 21/28 | €6,971 | €6,058 | -€913 | -13.1% |
| Tangible fixed assets | 22/27 | €6,471 | €4,678 | -€1,793 | -27.7% |
| Plant, machinery and equipment | 23 | €2,590 | €1,582 | -€1,008 | -38.9% |
| Furniture and vehicles | 24 | €432 | €300 | -€132 | -30.6% |
| Other tangible fixed assets | 26 | €3,449 | €2,796 | -€653 | -18.9% |
| Financial fixed assets | 28 | €500 | €1,380 | +€880 | +176.0% |
| Current assets | 29/58 | €9,756,109 | €14,018,896 | +€4.3m | +43.7% |
| Stocks and contracts in progress | 3 | €7,257,329 | €12,493,570 | +€5.2m | +72.2% |
| Stocks | 30/36 | €7,257,329 | €12,493,570 | +€5.2m | +72.2% |
| Amounts receivable within one year | 40/41 | €2,426,963 | €1,435,398 | -€991,565 | -40.9% |
| Trade receivables | 40 | €1,294,993 | €1,435,398 | +€140,406 | +10.8% |
| Other amounts receivable | 41 | €1,131,970 | - | -€1.1m | |
| Cash at bank and in hand | 54/58 | €71,188 | €23,235 | -€47,953 | -67.4% |
| Deferred charges and accrued income | 490/1 | €629 | €66,693 | +€66,064 | +10507.2% |
| Total equity and liabilities | 10/49 | €9,763,080 | €14,024,954 | +€4.3m | +43.7% |
| Equity | 10/15 | €202,179 | €205,611 | +€3,432 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €183,579 | €187,011 | +€3,432 | +1.9% |
| 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 | €181,719 | €185,151 | +€3,432 | +1.9% |
| Amounts payable | 17/49 | €9,560,901 | €13,819,343 | +€4.3m | +44.5% |
| Amounts payable after more than one year | 17 | €2,739,285 | €2,983,254 | +€243,969 | +8.9% |
| Financial debts | 170/4 | €2,739,285 | €2,983,254 | +€243,969 | +8.9% |
| Amounts payable within one year | 42/48 | €3,745,678 | €5,008,502 | +€1.3m | +33.7% |
| Trade debts | 44 | €786,055 | €1,558,536 | +€772,481 | +98.3% |
| Suppliers | 440/4 | €786,055 | €1,558,536 | +€772,481 | +98.3% |
| Advances received on contracts in progress | 46 | €5,000 | €142,439 | +€137,439 | +2748.8% |
| Taxes, remuneration and social security | 45 | €532,490 | €239,179 | -€293,311 | -55.1% |
| Taxes | 450/3 | €532,490 | €239,179 | -€293,311 | -55.1% |
| Other amounts payable | 47/48 | €2,422,133 | €3,068,349 | +€646,215 | +26.7% |
| Accrued charges and deferred income | 492/3 | €3,075,938 | €5,827,586 | +€2.8m | +89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,219 | €1,793 | -€426 | -19.2% |
| Other operating charges | 640/8 | €60,570 | €3,986 | -€56,585 | -93.4% |
| Non-recurring operating charges | 66A | €3,076 | - | -€3,076 | |
| Gross operating margin | 9900 | €200,683 | €51,425 | -€149,258 | -74.4% |
| Operating profit (loss) | 9901 | €134,818 | €45,646 | -€89,172 | -66.1% |
| Financial income | 75/76B | €3,475 | €32 | -€3,443 | -99.1% |
| Recurring financial income | 75 | €3,475 | €32 | -€3,443 | -99.1% |
| Financial charges | 65/66B | €38,413 | €41,074 | +€2,661 | +6.9% |
| Recurring financial charges | 65 | €38,413 | €41,074 | +€2,661 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €99,881 | €4,604 | -€95,277 | -95.4% |
| Income taxes | 67/77 | €43,044 | €1,172 | -€41,872 | -97.3% |
| Profit (loss) for the period | 9904 | €56,837 | €3,432 | -€53,405 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,837 | €3,432 | -€53,405 | -94.0% |
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.