RHE 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.
RHE CONSULTING
Largest movements
- Receivables after one year -€125,000
no longer reported in 2025 (was €125,000)
- Cash -€44,216
down €44,216 (-74.4%), from €59,468 to €15,252
mainly Other debts (-€209,619) and Smaller working-capital items (-€386)
- Receivables within one year -€23,638
down €23,638 (-100.0%), from €23,644 to €5
of which Other amounts receivable: -€20,810
- Tangible fixed assets -€11,557
down €11,557 (-29.6%), from €38,983 to €27,427
- Other debts -€209,619
down €209,619 (-98.6%), from €212,627 to €3,008
- Tax, wage and social debts +€5,203
up €5,203 (+819%), from €635 to €5,838
- Financial income -€75,000
no longer reported in 2025 (was €75,000)
of which Financial income: -€75,000
- Other operating charges -€12,890
down €12,890 (-97.0%), from €13,290 to €400
- Financial charges -€12,526
down €12,526, from €56 to -€12,470
- Taxes +€5,617
up €5,617 (+2,538%), from €221 to €5,838
- Gross operating margin -€989
down €989 (-83.3%), from €1,187 to €198
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 | €247,095 | €42,688 | -€204,407 | -82.7% |
| Fixed assets | 21/28 | €38,983 | €27,427 | -€11,557 | -29.6% |
| Tangible fixed assets | 22/27 | €38,983 | €27,427 | -€11,557 | -29.6% |
| Furniture and vehicles | 24 | €1,421 | €637 | -€783 | -55.1% |
| Other tangible fixed assets | 26 | €32,046 | €26,789 | -€5,257 | -16.4% |
| Assets under construction and advance payments | 27 | €5,517 | - | -€5,517 | |
| Current assets | 29/58 | €208,112 | €15,261 | -€192,850 | -92.7% |
| Amounts receivable after more than one year | 29 | €125,000 | - | -€125,000 | |
| Other amounts receivable | 291 | €125,000 | - | -€125,000 | |
| Amounts receivable within one year | 40/41 | €23,644 | €5 | -€23,638 | -100.0% |
| Trade receivables | 40 | €2,829 | - | -€2,829 | |
| Other amounts receivable | 41 | €20,815 | €5 | -€20,810 | -100.0% |
| Cash at bank and in hand | 54/58 | €59,468 | €15,252 | -€44,216 | -74.4% |
| Deferred charges and accrued income | 490/1 | - | €5 | +€5 | |
| Total equity and liabilities | 10/49 | €247,095 | €42,688 | -€204,407 | -82.7% |
| Equity | 10/15 | €31,646 | €32,036 | +€390 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €11,186 | €11,576 | +€390 | +3.5% |
| Amounts payable | 17/49 | €215,449 | €10,652 | -€204,797 | -95.1% |
| Amounts payable within one year | 42/48 | €213,262 | €8,864 | -€204,398 | -95.8% |
| Trade debts | 44 | - | €18 | +€18 | |
| Suppliers | 440/4 | - | €18 | +€18 | |
| Taxes, remuneration and social security | 45 | €635 | €5,838 | +€5,203 | +819% |
| Taxes | 450/3 | €635 | €5,838 | +€5,203 | +819% |
| Other amounts payable | 47/48 | €212,627 | €3,008 | -€209,619 | -98.6% |
| Accrued charges and deferred income | 492/3 | €2,187 | €1,788 | -€399 | -18.2% |
| Non-recurring operating income | 76A | - | €635 | +€635 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,152 | €6,040 | -€112 | -1.8% |
| Other operating charges | 640/8 | €13,290 | €400 | -€12,890 | -97.0% |
| Non-recurring operating charges | 66A | €937 | - | -€937 | |
| Gross operating margin | 9900 | €1,187 | €198 | -€989 | -83.3% |
| Operating profit (loss) | 9901 | -€19,191 | -€6,242 | +€12,949 | +67.5% |
| Financial income | 75/76B | €75,000 | - | -€75,000 | |
| Recurring financial income | 75 | €75,000 | - | -€75,000 | |
| Non-recurring financial income | 76B | €75,000 | - | -€75,000 | |
| Financial charges | 65/66B | €56 | -€12,470 | -€12,526 | |
| Recurring financial charges | 65 | €56 | -€12,470 | -€12,526 | |
| Profit (loss) for the period before taxes | 9903 | €55,753 | €6,228 | -€49,525 | -88.8% |
| Income taxes | 67/77 | €221 | €5,838 | +€5,617 | +2,538% |
| Profit (loss) for the period | 9904 | €55,531 | €390 | -€55,141 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,531 | €390 | -€55,141 | -99.3% |
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 16 October 2026 via checked.be.