RH 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.
RH Consulting
Largest movements
- Receivables within one year +€230,968
up €230,968 (+152%), from €152,033 to €383,001
of which Trade receivables: +€121,225
- Tangible fixed assets +€55,201
up €55,201 (+2,250%), from €2,454 to €57,655
of which Furniture and vehicles: +€57,655
- Cash -€24,268
down €24,268 (-84.5%), from €28,718 to €4,450
mainly Receivables within one year (-€230,968) and Investment in fixed assets (net) (-€78,346)
- Other debts +€175,094
up €175,094 (+192%), from €91,158 to €266,252
- Trade debts +€75,366
up €75,366 (+235%), from €32,016 to €107,383
- Reserves +€10,600
up €10,600 (+34.7%), from €30,564 to €41,164
of which Distributable reserves: +€12,460
- Gross operating margin +€42,019
up €42,019 (+100%), from €41,874 to €83,892
- Depreciation +€23,145
new in 2025: €23,145
- Other operating charges +€6,915
up €6,915 (+772%), from €896 to €7,810
- Taxes +€2,705
up €2,705 (+94.5%), from €2,863 to €5,568
- Staff costs +€2,206
up €2,206 (+5.9%), from €37,344 to €39,550
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 | €183,646 | €445,106 | +€261,460 | +142% |
| Fixed assets | 21/28 | €2,454 | €57,655 | +€55,201 | +2,250% |
| Tangible fixed assets | 22/27 | €2,454 | €57,655 | +€55,201 | +2,250% |
| Plant, machinery and equipment | 23 | €2,454 | €0 | -€2,454 | -100% |
| Furniture and vehicles | 24 | - | €57,655 | +€57,655 | |
| Current assets | 29/58 | €181,192 | €387,451 | +€206,259 | +114% |
| Amounts receivable within one year | 40/41 | €152,033 | €383,001 | +€230,968 | +152% |
| Trade receivables | 40 | €62,629 | €183,854 | +€121,225 | +194% |
| Other amounts receivable | 41 | €89,404 | €199,147 | +€109,743 | +123% |
| Cash at bank and in hand | 54/58 | €28,718 | €4,450 | -€24,268 | -84.5% |
| Deferred charges and accrued income | 490/1 | €442 | €0 | -€442 | -100% |
| Total equity and liabilities | 10/49 | €183,646 | €445,106 | +€261,460 | +142% |
| Equity | 10/15 | €45,674 | €56,347 | +€10,673 | +23.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €30,564 | €41,164 | +€10,600 | +34.7% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €28,704 | €41,164 | +€12,460 | +43.4% |
| Profit (loss) carried forward | 14 | €2,710 | €2,784 | +€73 | +2.7% |
| Amounts payable | 17/49 | €137,972 | €388,759 | +€250,787 | +182% |
| Amounts payable within one year | 42/48 | €137,972 | €388,759 | +€250,787 | +182% |
| Trade debts | 44 | €32,016 | €107,383 | +€75,366 | +235% |
| Suppliers | 440/4 | €32,016 | €107,383 | +€75,366 | +235% |
| Taxes, remuneration and social security | 45 | €14,797 | €15,124 | +€327 | +2.2% |
| Taxes | 450/3 | €12,037 | €9,668 | -€2,369 | -19.7% |
| Remuneration and social security | 454/9 | €2,760 | €5,457 | +€2,696 | +97.7% |
| Other amounts payable | 47/48 | €91,158 | €266,252 | +€175,094 | +192% |
| Non-recurring operating income | 76A | - | €6,344 | +€6,344 | |
| Remuneration, social security and pensions | 62 | €37,344 | €39,550 | +€2,206 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €23,145 | +€23,145 | |
| Other operating charges | 640/8 | €896 | €7,810 | +€6,915 | +772% |
| Non-recurring operating charges | 66A | - | €2,454 | +€2,454 | |
| Gross operating margin | 9900 | €41,874 | €83,892 | +€42,019 | +100% |
| Operating profit (loss) | 9901 | €3,635 | €10,934 | +€7,299 | +201% |
| Financial income | 75/76B | €5,725 | €5,995 | +€270 | +4.7% |
| Recurring financial income | 75 | €5,725 | €5,995 | +€270 | +4.7% |
| Financial charges | 65/66B | €2,841 | €687 | -€2,154 | -75.8% |
| Recurring financial charges | 65 | €2,841 | €687 | -€2,154 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | €6,518 | €16,242 | +€9,723 | +149% |
| Income taxes | 67/77 | €2,863 | €5,568 | +€2,705 | +94.5% |
| Profit (loss) for the period | 9904 | €3,655 | €10,673 | +€7,018 | +192% |
| Profit (loss) for the period to be appropriated | 9905 | €3,655 | €10,673 | +€7,018 | +192% |
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 17 October 2026 via checked.be.