RHENO - BAT: 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.
RHENO - BAT
Largest movements
- Cash -€14,478
down €14,478 (-53.1%), from €27,287 to €12,809
mainly Net result for the year (-€18,182) and Advances received (-€3,960)
- Receivables within one year -€7,488
down €7,488 (-24.0%), from €31,155 to €23,667
of which Other amounts receivable: -€6,819
- Tangible fixed assets +€2,526
new in 2025: €2,526
- Profit (loss) carried forward -€18,182
down €18,182, from €2,084 to -€16,097
- Other debts +€5,588
new in 2025: €5,588
- Advances received -€3,960
no longer reported in 2025 (was €3,960)
- Tax, wage and social debts -€1,634
down €1,634 (-32.2%), from €5,077 to €3,443
of which Taxes: -€1,655
- Trade debts -€1,010
down €1,010 (-48.9%), from €2,064 to €1,054
- Gross operating margin -€27,436
down €27,436, from €14,553 to -€12,883
- Taxes -€3,533
down €3,533, from €2,675 to -€859
- Other operating charges +€387
up €387 (+101%), from €384 to €772
- Staff costs +€359
up €359 (+8.7%), from €4,118 to €4,477
- Depreciation -€180
down €180 (-50.8%), from €355 to €175
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 | €59,937 | €40,751 | -€19,186 | -32.0% |
| Fixed assets | 21/28 | - | €2,526 | +€2,526 | |
| Tangible fixed assets | 22/27 | - | €2,526 | +€2,526 | |
| Furniture and vehicles | 24 | - | €2,526 | +€2,526 | |
| Current assets | 29/58 | €59,937 | €38,225 | -€21,711 | -36.2% |
| Amounts receivable within one year | 40/41 | €31,155 | €23,667 | -€7,488 | -24.0% |
| Trade receivables | 40 | €670 | €0 | -€669 | -100.0% |
| Other amounts receivable | 41 | €30,485 | €23,667 | -€6,819 | -22.4% |
| Cash at bank and in hand | 54/58 | €27,287 | €12,809 | -€14,478 | -53.1% |
| Deferred charges and accrued income | 490/1 | €1,495 | €1,750 | +€254 | +17.0% |
| Total equity and liabilities | 10/49 | €59,937 | €40,751 | -€19,186 | -32.0% |
| Equity | 10/15 | €36,313 | €18,132 | -€18,182 | -50.1% |
| Reserves | 13 | €34,229 | €34,229 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €32,370 | €32,370 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,084 | -€16,097 | -€18,182 | |
| Amounts payable | 17/49 | €23,624 | €22,620 | -€1,004 | -4.3% |
| Amounts payable within one year | 42/48 | €23,624 | €22,620 | -€1,004 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €12,522 | €12,535 | +€13 | +0.1% |
| Trade debts | 44 | €2,064 | €1,054 | -€1,010 | -48.9% |
| Suppliers | 440/4 | €2,064 | €1,054 | -€1,010 | -48.9% |
| Advances received on contracts in progress | 46 | €3,960 | - | -€3,960 | |
| Taxes, remuneration and social security | 45 | €5,077 | €3,443 | -€1,634 | -32.2% |
| Taxes | 450/3 | €3,128 | €1,473 | -€1,655 | -52.9% |
| Remuneration and social security | 454/9 | €1,950 | €1,970 | +€20 | +1.0% |
| Other amounts payable | 47/48 | - | €5,588 | +€5,588 | |
| Remuneration, social security and pensions | 62 | €4,118 | €4,477 | +€359 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €355 | €175 | -€180 | -50.8% |
| Other operating charges | 640/8 | €384 | €772 | +€387 | +101% |
| Gross operating margin | 9900 | €14,553 | -€12,883 | -€27,436 | |
| Operating profit (loss) | 9901 | €9,696 | -€18,307 | -€28,003 | |
| Financial charges | 65/66B | €717 | €734 | +€17 | +2.3% |
| Recurring financial charges | 65 | €717 | €734 | +€17 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €8,979 | -€19,040 | -€28,019 | |
| Income taxes | 67/77 | €2,675 | -€859 | -€3,533 | |
| Profit (loss) for the period | 9904 | €6,304 | -€18,182 | -€24,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,304 | -€18,182 | -€24,486 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.