RH Technics: what changed
Two fiscal 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 Technics
Largest movements
- Cash +€15,863
up €15,863 (+9.1%), from €174,661 to €190,525
mainly Net result for the year (+€79,190) and Depreciation (+€25,387)
- Tangible fixed assets +€13,091
up €13,091 (+18.9%), from €69,297 to €82,389
of which Furniture and vehicles: +€10,398
- Deferred charges and accrued income +€12,005
new in 2025: €12,005
- Receivables within one year -€5,038
down €5,038 (-23.3%), from €21,598 to €16,561
of which Trade receivables: -€6,880
- Profit (loss) carried forward +€41,238
up €41,238 (+26.1%), from €157,912 to €199,150
- Trade debts -€10,478
down €10,478 (-75.1%), from €13,944 to €3,465
of which Bills of exchange payable: -€5,490
- Tax, wage and social debts -€10,153
down €10,153 (-20.0%), from €50,768 to €40,615
- Debts after one year +€8,767
up €8,767 (+31.6%), from €27,724 to €36,491
- Current portion of long-term debt +€5,858
up €5,858 (+59.7%), from €9,814 to €15,672
- Purchases and services +€107,444
up €107,444 (+17.3%), from €620,851 to €728,294
- Turnover +€75,489
up €75,489 (+9.4%), from €804,175 to €879,665
- Gross operating margin -€25,446
down €25,446 (-13.9%), from €183,325 to €157,878
- Taxes +€10,092
up €10,092 (+26.8%), from €37,723 to €47,815
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.
Cash bridge derived
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 | €265,662 | €301,584 | +€35,922 | +13.5% |
| Fixed assets | 21/28 | €69,402 | €82,494 | +€13,091 | +18.9% |
| Tangible fixed assets | 22/27 | €69,297 | €82,389 | +€13,091 | +18.9% |
| Plant, machinery and equipment | 23 | €3,383 | €6,076 | +€2,693 | +79.6% |
| Furniture and vehicles | 24 | €65,914 | €76,312 | +€10,398 | +15.8% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €196,260 | €219,090 | +€22,830 | +11.6% |
| Amounts receivable within one year | 40/41 | €21,598 | €16,561 | -€5,038 | -23.3% |
| Trade receivables | 40 | €21,315 | €14,435 | -€6,880 | -32.3% |
| Other amounts receivable | 41 | €283 | €2,126 | +€1,842 | +650.3% |
| Cash at bank and in hand | 54/58 | €174,661 | €190,525 | +€15,863 | +9.1% |
| Deferred charges and accrued income | 490/1 | - | €12,005 | +€12,005 | |
| Total equity and liabilities | 10/49 | €265,662 | €301,584 | +€35,922 | +13.5% |
| Equity | 10/15 | €163,412 | €204,650 | +€41,238 | +25.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,912 | €199,150 | +€41,238 | +26.1% |
| Amounts payable | 17/49 | €102,250 | €96,933 | -€5,317 | -5.2% |
| Amounts payable after more than one year | 17 | €27,724 | €36,491 | +€8,767 | +31.6% |
| Financial debts | 170/4 | €27,724 | €36,491 | +€8,767 | +31.6% |
| Amounts payable within one year | 42/48 | €74,526 | €60,442 | -€14,084 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €9,814 | €15,672 | +€5,858 | +59.7% |
| Trade debts | 44 | €13,944 | €3,465 | -€10,478 | -75.1% |
| Suppliers | 440/4 | €8,453 | €3,465 | -€4,988 | -59.0% |
| Bills of exchange payable | 441 | €5,490 | - | -€5,490 | |
| Taxes, remuneration and social security | 45 | €50,768 | €40,615 | -€10,153 | -20.0% |
| Taxes | 450/3 | €50,768 | €40,615 | -€10,153 | -20.0% |
| Other amounts payable | 47/48 | - | €690 | +€690 | |
| Turnover | 70 | €804,175 | €879,665 | +€75,489 | +9.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €620,851 | €728,294 | +€107,444 | +17.3% |
| Remuneration, social security and pensions | 62 | €2,646 | €250 | -€2,396 | -90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,483 | €25,387 | +€6,904 | +37.4% |
| Other operating charges | 640/8 | €1,442 | €1,837 | +€394 | +27.3% |
| Gross operating margin | 9900 | €183,325 | €157,878 | -€25,446 | -13.9% |
| Operating profit (loss) | 9901 | €160,754 | €130,405 | -€30,349 | -18.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,071 | €3,400 | +€329 | +10.7% |
| Recurring financial charges | 65 | €3,071 | €3,400 | +€329 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €157,683 | €127,005 | -€30,678 | -19.5% |
| Income taxes | 67/77 | €37,723 | €47,815 | +€10,092 | +26.8% |
| Profit (loss) for the period | 9904 | €119,960 | €79,190 | -€40,770 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €119,960 | €79,190 | -€40,770 | -34.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.