RVS Trading: 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 Trading
Largest movements
- Receivables within one year +€51,943
up €51,943 (+111%), from €46,967 to €98,910
of which Other amounts receivable: +€57,094
- Tangible fixed assets -€43,221
down €43,221 (-49.3%), from €87,680 to €44,459
of which Furniture and vehicles: -€42,059
- Cash -€8,550
down €8,550 (-34.8%), from €24,548 to €15,998
mainly Receivables within one year (-€51,943) and Tax, wage and social debts (-€16,241)
- Reserves +€45,499
up €45,499 (+94.0%), from €48,418 to €93,917
- Tax, wage and social debts -€16,241
down €16,241 (-36.1%), from €44,991 to €28,750
of which Taxes: -€13,758
- Debts after one year -€11,195
down €11,195 (-38.9%), from €28,803 to €17,609
- Current portion of long-term debt -€9,617
down €9,617 (-38.7%), from €24,871 to €15,254
- Trade debts -€8,212
down €8,212 (-90.1%), from €9,112 to €900
- Staff costs -€32,650
down €32,650 (-59.5%), from €54,910 to €22,260
- Gross operating margin -€22,555
down €22,555 (-17.1%), from €131,676 to €109,121
- Depreciation -€5,468
down €5,468 (-20.5%), from €26,682 to €21,214
- Taxes +€2,375
up €2,375 (+22.7%), from €10,472 to €12,847
- Other operating charges +€2,189
up €2,189 (+66.7%), from €3,280 to €5,469
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 | €159,195 | €159,843 | +€648 | +0.4% |
| Fixed assets | 21/28 | €87,680 | €44,459 | -€43,221 | -49.3% |
| Tangible fixed assets | 22/27 | €87,680 | €44,459 | -€43,221 | -49.3% |
| Plant, machinery and equipment | 23 | €3,117 | €1,955 | -€1,162 | -37.3% |
| Furniture and vehicles | 24 | €84,563 | €42,504 | -€42,059 | -49.7% |
| Current assets | 29/58 | €71,515 | €115,384 | +€43,869 | +61.3% |
| Amounts receivable within one year | 40/41 | €46,967 | €98,910 | +€51,943 | +111% |
| Trade receivables | 40 | €24,575 | €19,424 | -€5,151 | -21.0% |
| Other amounts receivable | 41 | €22,392 | €79,486 | +€57,094 | +255% |
| Cash at bank and in hand | 54/58 | €24,548 | €15,998 | -€8,550 | -34.8% |
| Deferred charges and accrued income | 490/1 | - | €476 | +€476 | |
| Total equity and liabilities | 10/49 | €159,195 | €159,843 | +€648 | +0.4% |
| Equity | 10/15 | €51,418 | €96,917 | +€45,499 | +88.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €48,418 | €93,917 | +€45,499 | +94.0% |
| Distributable reserves | 133 | €48,418 | €93,917 | +€45,499 | +94.0% |
| Amounts payable | 17/49 | €107,777 | €62,925 | -€44,851 | -41.6% |
| Amounts payable after more than one year | 17 | €28,803 | €17,609 | -€11,195 | -38.9% |
| Financial debts | 170/4 | €28,803 | €17,609 | -€11,195 | -38.9% |
| Amounts payable within one year | 42/48 | €78,973 | €44,904 | -€34,069 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | €24,871 | €15,254 | -€9,617 | -38.7% |
| Trade debts | 44 | €9,112 | €900 | -€8,212 | -90.1% |
| Suppliers | 440/4 | €9,112 | €900 | -€8,212 | -90.1% |
| Taxes, remuneration and social security | 45 | €44,991 | €28,750 | -€16,241 | -36.1% |
| Taxes | 450/3 | €35,928 | €22,170 | -€13,758 | -38.3% |
| Remuneration and social security | 454/9 | €9,063 | €6,580 | -€2,483 | -27.4% |
| Accrued charges and deferred income | 492/3 | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €54,910 | €22,260 | -€32,650 | -59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,682 | €21,214 | -€5,468 | -20.5% |
| Other operating charges | 640/8 | €3,280 | €5,469 | +€2,189 | +66.7% |
| Gross operating margin | 9900 | €131,676 | €109,121 | -€22,555 | -17.1% |
| Operating profit (loss) | 9901 | €46,805 | €60,178 | +€13,374 | +28.6% |
| Financial charges | 65/66B | €2,298 | €1,832 | -€466 | -20.3% |
| Recurring financial charges | 65 | €2,298 | €1,832 | -€466 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €44,507 | €58,346 | +€13,840 | +31.1% |
| Income taxes | 67/77 | €10,472 | €12,847 | +€2,375 | +22.7% |
| Profit (loss) for the period | 9904 | €34,034 | €45,499 | +€11,465 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,034 | €45,499 | +€11,465 | +33.7% |
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 13 October 2026 via checked.be.