RVS STADEN: 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 STADEN
Largest movements
- Cash +€59,465
up €59,465 (+61.4%), from €96,825 to €156,290
mainly Debts after one year (+€85,000) and Net result for the year (+€46,451)
- Tangible fixed assets -€25,701
down €25,701 (-37.4%), from €68,737 to €43,036
- Receivables within one year +€6,992
up €6,992 (+40.0%), from €17,493 to €24,485
of which Trade receivables: +€4,570
- Debts after one year +€85,000
new in 2026: €85,000
- Reserves -€53,549
down €53,549 (-43.1%), from €124,106 to €70,557
- Accrued charges and deferred income +€3,425
up €3,425 (+254%), from €1,346 to €4,772
- Other debts +€3,200
up €3,200 (+7.2%), from €44,500 to €47,700
- Gross operating margin +€5,784
up €5,784 (+6.9%), from €84,073 to €89,857
- Financial charges +€3,425
up €3,425 (+204%), from €1,681 to €5,106
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,192 | €230,146 | +€38,954 | +20.4% |
| Fixed assets | 21/28 | €69,622 | €43,921 | -€25,701 | -36.9% |
| Tangible fixed assets | 22/27 | €68,737 | €43,036 | -€25,701 | -37.4% |
| Furniture and vehicles | 24 | €68,737 | €43,036 | -€25,701 | -37.4% |
| Financial fixed assets | 28 | €885 | €885 | = | 0.0% |
| Current assets | 29/58 | €121,570 | €186,224 | +€64,655 | +53.2% |
| Amounts receivable within one year | 40/41 | €17,493 | €24,485 | +€6,992 | +40.0% |
| Trade receivables | 40 | €16,979 | €21,550 | +€4,570 | +26.9% |
| Other amounts receivable | 41 | €514 | €2,936 | +€2,422 | +471% |
| Cash at bank and in hand | 54/58 | €96,825 | €156,290 | +€59,465 | +61.4% |
| Deferred charges and accrued income | 490/1 | €7,252 | €5,449 | -€1,803 | -24.9% |
| Total equity and liabilities | 10/49 | €191,192 | €230,146 | +€38,954 | +20.4% |
| Equity | 10/15 | €142,706 | €89,157 | -€53,549 | -37.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,106 | €70,557 | -€53,549 | -43.1% |
| Distributable reserves | 133 | €124,106 | €70,557 | -€53,549 | -43.1% |
| Amounts payable | 17/49 | €48,486 | €140,989 | +€92,503 | +191% |
| Amounts payable after more than one year | 17 | - | €85,000 | +€85,000 | |
| Other amounts payable | 178/9 | - | €85,000 | +€85,000 | |
| Amounts payable within one year | 42/48 | €47,140 | €51,217 | +€4,078 | +8.6% |
| Trade debts | 44 | €2,640 | €3,517 | +€878 | +33.2% |
| Suppliers | 440/4 | €2,640 | €3,517 | +€878 | +33.2% |
| Other amounts payable | 47/48 | €44,500 | €47,700 | +€3,200 | +7.2% |
| Accrued charges and deferred income | 492/3 | €1,346 | €4,772 | +€3,425 | +254% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,701 | €25,701 | = | 0.0% |
| Other operating charges | 640/8 | €1,420 | €1,367 | -€53 | -3.7% |
| Gross operating margin | 9900 | €84,073 | €89,857 | +€5,784 | +6.9% |
| Operating profit (loss) | 9901 | €56,952 | €62,789 | +€5,837 | +10.2% |
| Financial income | 75/76B | €208 | €605 | +€397 | +191% |
| Recurring financial income | 75 | €208 | €605 | +€397 | +191% |
| Financial charges | 65/66B | €1,681 | €5,106 | +€3,425 | +204% |
| Recurring financial charges | 65 | €1,681 | €5,106 | +€3,425 | +204% |
| Profit (loss) for the period before taxes | 9903 | €55,479 | €58,288 | +€2,809 | +5.1% |
| Income taxes | 67/77 | €11,267 | €11,838 | +€571 | +5.1% |
| Profit (loss) for the period | 9904 | €44,213 | €46,451 | +€2,238 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,213 | €46,451 | +€2,238 | +5.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.