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.
RHC CONSULT
Largest movements
- 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)
- 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)
- 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
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 | €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.