RH ALLIANCE: 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.
RH ALLIANCE
Largest movements
- Cash +€8,952
up €8,952 (+539%), from €1,661 to €10,613
mainly Other debts (+€18,189) and Depreciation (+€410)
- Stocks and contracts +€5,521
up €5,521 (+656%), from €841 to €6,362
- Tangible fixed assets +€2,511
up €2,511 (+1,759%), from €143 to €2,654
- Financial fixed assets -€1,300
down €1,300 (-100%), from €1,300 to €0
- Deferred charges and accrued income +€1,126
up €1,126 (+1,140%), from €99 to €1,225
- Other debts +€18,189
up €18,189 (+61.9%), from €29,400 to €47,589
- Tax, wage and social debts -€1,342
down €1,342 (-65.4%), from €2,053 to €710
of which Taxes: -€1,357
- Gross operating margin +€11,042
up €11,042, from -€9,927 to €1,115
- Other operating charges -€684
no longer reported in 2025 (was €684)
- Financial charges +€389
up €389 (+170%), from €229 to €618
- Depreciation +€149
up €149 (+56.7%), from €262 to €410
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 | €4,465 | €21,233 | +€16,768 | +376% |
| Fixed assets | 21/28 | €1,864 | €2,877 | +€1,013 | +54.3% |
| Intangible fixed assets | 21 | €422 | €223 | -€198 | -47.0% |
| Tangible fixed assets | 22/27 | €143 | €2,654 | +€2,511 | +1,759% |
| Land and buildings | 22 | - | €1,153 | +€1,153 | |
| Plant, machinery and equipment | 23 | - | €630 | +€630 | |
| Furniture and vehicles | 24 | - | €792 | +€792 | |
| Other tangible fixed assets | 26 | €143 | €79 | -€64 | -44.5% |
| Financial fixed assets | 28 | €1,300 | €0 | -€1,300 | -100% |
| Current assets | 29/58 | €2,601 | €18,356 | +€15,755 | +606% |
| Stocks and contracts in progress | 3 | €841 | €6,362 | +€5,521 | +656% |
| Stocks | 30/36 | €841 | €6,362 | +€5,521 | +656% |
| Amounts receivable within one year | 40/41 | - | €157 | +€157 | |
| Trade receivables | 40 | - | €153 | +€153 | |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €1,661 | €10,613 | +€8,952 | +539% |
| Deferred charges and accrued income | 490/1 | €99 | €1,225 | +€1,126 | +1,140% |
| Total equity and liabilities | 10/49 | €4,465 | €21,233 | +€16,768 | +376% |
| Equity | 10/15 | -€27,679 | -€27,592 | +€86 | +0.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,679 | -€37,592 | +€86 | +0.2% |
| Amounts payable | 17/49 | €32,144 | €48,825 | +€16,682 | +51.9% |
| Amounts payable within one year | 42/48 | €32,144 | €48,825 | +€16,682 | +51.9% |
| Trade debts | 44 | €691 | €526 | -€165 | -23.9% |
| Suppliers | 440/4 | €691 | €526 | -€165 | -23.9% |
| Taxes, remuneration and social security | 45 | €2,053 | €710 | -€1,342 | -65.4% |
| Taxes | 450/3 | €2,053 | €696 | -€1,357 | -66.1% |
| Remuneration and social security | 454/9 | - | €14 | +€14 | |
| Other amounts payable | 47/48 | €29,400 | €47,589 | +€18,189 | +61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262 | €410 | +€149 | +56.7% |
| Other operating charges | 640/8 | €684 | - | -€684 | |
| Gross operating margin | 9900 | -€9,927 | €1,115 | +€11,042 | |
| Operating profit (loss) | 9901 | -€10,873 | €704 | +€11,577 | |
| Financial charges | 65/66B | €229 | €618 | +€389 | +170% |
| Recurring financial charges | 65 | €229 | €618 | +€389 | +170% |
| Profit (loss) for the period before taxes | 9903 | -€11,102 | €86 | +€11,188 | |
| Profit (loss) for the period | 9904 | -€11,102 | €86 | +€11,188 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,102 | €86 | +€11,188 |
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 16 October 2026 via checked.be.