RVU consulting: 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.
RVU consulting
Largest movements
- Cash -€41,883
down €41,883 (-53.5%), from €78,256 to €36,373
mainly Contributions, distributions and other (-€160,026) and Receivables within one year (-€21,658)
- Current investments -€33,787
down €33,787 (-67.0%), from €50,454 to €16,667
- Receivables within one year +€21,658
up €21,658 (+108%), from €20,083 to €41,741
of which Other amounts receivable: +€18,317
- Tangible fixed assets -€12,928
down €12,928 (-25.6%), from €50,478 to €37,550
of which Furniture and vehicles: -€12,739
- Reserves -€80,769
down €80,769 (-56.6%), from €142,647 to €61,878
of which Tax-exempt reserves: -€45,801
- Other debts +€8,532
up €8,532 (+16.6%), from €51,525 to €60,058
- Tax, wage and social debts +€4,687
up €4,687 (+43.2%), from €10,841 to €15,527
- Gross operating margin -€20,098
down €20,098 (-15.0%), from €133,970 to €113,873
- Taxes -€3,839
down €3,839 (-14.5%), from €26,418 to €22,579
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 | €207,600 | €139,955 | -€67,645 | -32.6% |
| Fixed assets | 21/28 | €50,478 | €37,550 | -€12,928 | -25.6% |
| Tangible fixed assets | 22/27 | €50,478 | €37,550 | -€12,928 | -25.6% |
| Furniture and vehicles | 24 | €49,252 | €36,513 | -€12,739 | -25.9% |
| Other tangible fixed assets | 26 | €1,226 | €1,037 | -€189 | -15.4% |
| Current assets | 29/58 | €157,122 | €102,406 | -€54,717 | -34.8% |
| Amounts receivable within one year | 40/41 | €20,083 | €41,741 | +€21,658 | +108% |
| Trade receivables | 40 | €20,083 | €23,424 | +€3,341 | +16.6% |
| Other amounts receivable | 41 | - | €18,317 | +€18,317 | |
| Current investments | 50/53 | €50,454 | €16,667 | -€33,787 | -67.0% |
| Cash at bank and in hand | 54/58 | €78,256 | €36,373 | -€41,883 | -53.5% |
| Deferred charges and accrued income | 490/1 | €8,329 | €7,624 | -€705 | -8.5% |
| Total equity and liabilities | 10/49 | €207,600 | €139,955 | -€67,645 | -32.6% |
| Equity | 10/15 | €144,647 | €63,878 | -€80,769 | -55.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €142,647 | €61,878 | -€80,769 | -56.6% |
| Tax-exempt reserves | 132 | €107,679 | €61,878 | -€45,801 | -42.5% |
| Distributable reserves | 133 | €34,968 | €0 | -€34,968 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €62,953 | €76,077 | +€13,124 | +20.8% |
| Amounts payable within one year | 42/48 | €62,953 | €76,077 | +€13,124 | +20.8% |
| Trade debts | 44 | €587 | €492 | -€95 | -16.2% |
| Suppliers | 440/4 | €587 | €492 | -€95 | -16.2% |
| Taxes, remuneration and social security | 45 | €10,841 | €15,527 | +€4,687 | +43.2% |
| Taxes | 450/3 | €10,841 | €15,527 | +€4,687 | +43.2% |
| Other amounts payable | 47/48 | €51,525 | €60,058 | +€8,532 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,928 | €12,928 | = | 0.0% |
| Other operating charges | 640/8 | €837 | €816 | -€21 | -2.5% |
| Gross operating margin | 9900 | €133,970 | €113,873 | -€20,098 | -15.0% |
| Operating profit (loss) | 9901 | €120,205 | €100,128 | -€20,077 | -16.7% |
| Financial income | 75/76B | €2,549 | €1,838 | -€711 | -27.9% |
| Recurring financial income | 75 | €2,549 | €1,838 | -€711 | -27.9% |
| Financial charges | 65/66B | €318 | €131 | -€188 | -58.9% |
| Recurring financial charges | 65 | €318 | €131 | -€188 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €122,436 | €101,836 | -€20,600 | -16.8% |
| Income taxes | 67/77 | €26,418 | €22,579 | -€3,839 | -14.5% |
| Profit (loss) for the period | 9904 | €96,018 | €79,257 | -€16,761 | -17.5% |
| Transfer from tax-exempt reserves | 789 | €0 | €45,801 | +€45,801 | |
| Transfer to tax-exempt reserves | 689 | €21,050 | €0 | -€21,050 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €74,968 | €125,058 | +€50,090 | +66.8% |
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 28 October 2026 via checked.be.