RH BUSINESS: 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 BUSINESS
Largest movements
- Stocks and contracts +€7,550
new in 2025: €7,550
- Receivables within one year -€4,586
no longer reported in 2025 (was €4,586)
- Cash -€90
down €90 (-28.2%), from €320 to €230
mainly Stocks and contracts (-€7,550) and Other debts (-€6,944)
- Tax, wage and social debts +€7,262
up €7,262 (+818%), from €888 to €8,150
of which Remuneration and social security: +€5,124
- Other debts -€6,944
down €6,944 (-44.0%), from €15,770 to €8,825
- Trade debts +€2,514
new in 2025: €2,514
- Turnover -€11,009
down €11,009 (-31.4%), from €35,037 to €24,028
- Purchases and services -€10,269
down €10,269 (-36.2%), from €28,333 to €18,064
- Other operating charges -€1,600
no longer reported in 2025 (was €1,600)
- Gross operating margin -€740
down €740 (-11.0%), from €6,704 to €5,964
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 | €4,907 | €7,780 | +€2,873 | +58.6% |
| Current assets | 29/58 | €4,907 | €7,780 | +€2,873 | +58.6% |
| Stocks and contracts in progress | 3 | - | €7,550 | +€7,550 | |
| Stocks | 30/36 | - | €7,550 | +€7,550 | |
| Amounts receivable within one year | 40/41 | €4,586 | - | -€4,586 | |
| Trade receivables | 40 | €4,586 | - | -€4,586 | |
| Cash at bank and in hand | 54/58 | €320 | €230 | -€90 | -28.2% |
| Total equity and liabilities | 10/49 | €4,907 | €7,780 | +€2,873 | +58.6% |
| Equity | 10/15 | -€11,751 | -€11,708 | +€42 | +0.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,751 | -€14,708 | +€42 | +0.3% |
| Amounts payable | 17/49 | €16,657 | €19,488 | +€2,831 | +17.0% |
| Amounts payable within one year | 42/48 | €16,657 | €19,488 | +€2,831 | +17.0% |
| Trade debts | 44 | - | €2,514 | +€2,514 | |
| Suppliers | 440/4 | - | €2,514 | +€2,514 | |
| Taxes, remuneration and social security | 45 | €888 | €8,150 | +€7,262 | +818% |
| Taxes | 450/3 | €378 | €2,515 | +€2,137 | +566% |
| Remuneration and social security | 454/9 | €510 | €5,634 | +€5,124 | +1,005% |
| Other amounts payable | 47/48 | €15,770 | €8,825 | -€6,944 | -44.0% |
| Turnover | 70 | €35,037 | €24,028 | -€11,009 | -31.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €28,333 | €18,064 | -€10,269 | -36.2% |
| Remuneration, social security and pensions | 62 | €5,924 | €5,743 | -€180 | -3.0% |
| Other operating charges | 640/8 | €1,600 | - | -€1,600 | |
| Gross operating margin | 9900 | €6,704 | €5,964 | -€740 | -11.0% |
| Operating profit (loss) | 9901 | -€819 | €221 | +€1,040 | |
| Financial charges | 65/66B | €153 | €178 | +€25 | +16.3% |
| Recurring financial charges | 65 | €153 | €178 | +€25 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | -€973 | €42 | +€1,015 | |
| Profit (loss) for the period | 9904 | -€973 | €42 | +€1,015 | |
| Profit (loss) for the period to be appropriated | 9905 | -€973 | €42 | +€1,015 |
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 29 October 2026 via checked.be.