LE RHODES: 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.
LE RHODES
Largest movements
- Tangible fixed assets -€36,854
down €36,854 (-6.8%), from €543,481 to €506,627
- Other debts -€34,356
down €34,356 (-5.1%), from €668,590 to €634,234
- Trade debts +€17,185
new in 2024: €17,185
- Profit (loss) carried forward -€16,791
down €16,791 (-3.1%), from -€537,643 to -€554,433
- Other operating charges +€12,520
up €12,520 (+73.1%), from €17,139 to €29,659
- Staff costs -€9,599
down €9,599 (-82.1%), from €11,685 to €2,087
- Depreciation +€1,697
up €1,697 (+3.8%), from €44,957 to €46,654
- Gross operating margin +€788
up €788 (+1.3%), from €61,599 to €62,388
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €555,300 | €523,339 | -€31,961 | -5.8% |
| Fixed assets | 21/28 | €543,481 | €506,627 | -€36,854 | -6.8% |
| Tangible fixed assets | 22/27 | €543,481 | €506,627 | -€36,854 | -6.8% |
| Land and buildings | 22 | €543,481 | €506,627 | -€36,854 | -6.8% |
| Current assets | 29/58 | €11,819 | €16,711 | +€4,893 | +41.4% |
| Amounts receivable within one year | 40/41 | €5,979 | €6,162 | +€183 | +3.1% |
| Trade receivables | 40 | €5,206 | €5,663 | +€457 | +8.8% |
| Other amounts receivable | 41 | €773 | €499 | -€273 | -35.4% |
| Cash at bank and in hand | 54/58 | €5,840 | €10,549 | +€4,709 | +80.6% |
| Total equity and liabilities | 10/49 | €555,300 | €523,339 | -€31,961 | -5.8% |
| Equity | 10/15 | -€113,290 | -€130,081 | -€16,791 | -14.8% |
| Contributions | 10/11 | €407,000 | €407,000 | = | 0.0% |
| Capital | 10 | €407,000 | €407,000 | = | 0.0% |
| Issued capital | 100 | €407,000 | €407,000 | = | 0.0% |
| Reserves | 13 | €17,353 | €17,353 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,353 | €17,353 | = | 0.0% |
| Legal reserve | 130 | €17,353 | €17,353 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€537,643 | -€554,433 | -€16,791 | -3.1% |
| Amounts payable | 17/49 | €668,590 | €653,419 | -€15,171 | -2.3% |
| Amounts payable within one year | 42/48 | €668,590 | €653,419 | -€15,171 | -2.3% |
| Trade debts | 44 | - | €17,185 | +€17,185 | |
| Suppliers | 440/4 | - | €17,185 | +€17,185 | |
| Advances received on contracts in progress | 46 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €668,590 | €634,234 | -€34,356 | -5.1% |
| Remuneration, social security and pensions | 62 | €11,685 | €2,087 | -€9,599 | -82.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,957 | €46,654 | +€1,697 | +3.8% |
| Other operating charges | 640/8 | €17,139 | €29,659 | +€12,520 | +73.1% |
| Gross operating margin | 9900 | €61,599 | €62,388 | +€788 | +1.3% |
| Operating profit (loss) | 9901 | -€12,182 | -€16,013 | -€3,830 | -31.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €334 | €174 | -€161 | -48.1% |
| Recurring financial charges | 65 | €334 | €174 | -€161 | -48.1% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€12,517 | -€16,185 | -€3,669 | -29.3% |
| Profit (loss) for the period | 9904 | -€12,517 | -€16,185 | -€3,669 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,517 | -€16,185 | -€3,669 | -29.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.