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RHC CONSULT: 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.

What changed

RHC CONSULT

BE 0831.474.102
NACE 46.190, Agents in non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€377
2024 · €1,356-€1,734
Equity
€43,250
2024 · €43,628-€377
Cash
€22,547
2024 · €11,703+€10,844
Balance sheet total
€110,190
2024 · €52,948+€57,242

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€47,570

    up €47,570 (+125%), from €38,012 to €85,581

    of which Trade receivables: +€69,849

  • Cash +€10,844

    up €10,844 (+92.7%), from €11,703 to €22,547

    mainly Trade debts (+€62,552) and Depreciation (+€909)

Equity and liabilities
  • Trade debts +€62,552

    up €62,552 (+1,478%), from €4,233 to €66,785

  • Current portion of long-term debt -€5,000

    no longer reported in 2025 (was €5,000)

Income statement
  • Gross operating margin -€4,518

    down €4,518 (-55.4%), from €8,156 to €3,638

  • Taxes -€2,037

    down €2,037 (-85.6%), from €2,379 to €342

  • Financial charges -€1,452

    down €1,452 (-43.9%), from €3,305 to €1,853

  • Other operating charges +€751

    up €751 (+311%), from €242 to €993

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €1,356
Gross operating margin -€4,518
Depreciation +€15
Other operating charges -€751
Financial income +€31
Financial charges +€1,452
Taxes +€2,037
Result 2025 -€377
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€15,844
Investment €0
Financing -€5,000
Cash 2024 €11,703
Net result for the year -€377
Depreciation +€909
Receivables within one year -€47,570
Deferred charges and accrued income +€263
Trade debts +€62,552
Tax, wage and social debts +€68
Current portion of long-term debt -€5,000
Cash 2025 €22,547
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €52,948 €110,190 +€57,242 +108%
Fixed assets 21/28 €2,808 €1,900 -€909 -32.4%
Tangible fixed assets 22/27 €2,808 €1,900 -€909 -32.4%
Furniture and vehicles 24 €2,808 €1,900 -€909 -32.4%
Current assets 29/58 €50,140 €108,290 +€58,151 +116%
Amounts receivable within one year 40/41 €38,012 €85,581 +€47,570 +125%
Trade receivables 40 €12,647 €82,496 +€69,849 +552%
Other amounts receivable 41 €25,364 €3,086 -€22,279 -87.8%
Cash at bank and in hand 54/58 €11,703 €22,547 +€10,844 +92.7%
Deferred charges and accrued income 490/1 €425 €162 -€263 -61.9%
Total equity and liabilities 10/49 €52,948 €110,190 +€57,242 +108%
Equity 10/15 €43,628 €43,250 -€377 -0.9%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €28,063 €28,063 = 0.0%
Distributable reserves 133 €28,063 €28,063 = 0.0%
Profit (loss) carried forward 14 €3,164 €2,787 -€377 -11.9%
Amounts payable 17/49 €9,320 €66,940 +€57,619 +618%
Amounts payable within one year 42/48 €9,320 €66,940 +€57,619 +618%
Current portion of amounts payable after more than one year 42 €5,000 - -€5,000
Trade debts 44 €4,233 €66,785 +€62,552 +1,478%
Suppliers 440/4 €4,233 €66,785 +€62,552 +1,478%
Taxes, remuneration and social security 45 - €68 +€68
Taxes 450/3 - €68 +€68
Other amounts payable 47/48 €87 €87 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €923 €909 -€15 -1.6%
Other operating charges 640/8 €242 €993 +€751 +311%
Gross operating margin 9900 €8,156 €3,638 -€4,518 -55.4%
Operating profit (loss) 9901 €6,991 €1,736 -€5,254 -75.2%
Financial income 75/76B €50 €81 +€31 +63.3%
Recurring financial income 75 €50 €81 +€31 +63.3%
Financial charges 65/66B €3,305 €1,853 -€1,452 -43.9%
Recurring financial charges 65 €3,305 €1,853 -€1,452 -43.9%
Profit (loss) for the period before taxes 9903 €3,735 -€36 -€3,771
Income taxes 67/77 €2,379 €342 -€2,037 -85.6%
Profit (loss) for the period 9904 €1,356 -€377 -€1,734
Profit (loss) for the period to be appropriated 9905 €1,356 -€377 -€1,734

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 27 October 2026 via checked.be.