RHesources: 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.
RHesources
Largest movements
- Cash +€20,446
up €20,446 (+18.2%), from €112,132 to €132,578
mainly Net result for the year (+€25,193) and Trade debts (+€8,238)
- Tangible fixed assets +€7,719
up €7,719 (+469.9%), from €1,643 to €9,361
of which Plant, machinery and equipment: +€8,927
- Receivables within one year +€3,699
up €3,699 (+9.8%), from €37,904 to €41,603
of which Trade receivables: +€4,274
- Reserves +€25,000
up €25,000 (+21.7%), from €115,000 to €140,000
- Trade debts +€8,238
up €8,238 (+36.6%), from €22,480 to €30,718
- Tax, wage and social debts -€1,951
down €1,951 (-42.5%), from €4,588 to €2,638
- Gross operating margin -€48,463
down €48,463 (-57.2%), from €84,740 to €36,278
- Taxes -€9,444
down €9,444 (-56.0%), from €16,861 to €7,416
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 | €155,562 | €187,299 | +€31,737 | +20.4% |
| Fixed assets | 21/28 | €2,245 | €9,568 | +€7,323 | +326.2% |
| Intangible fixed assets | 21 | €542 | €147 | -€396 | -73.0% |
| Tangible fixed assets | 22/27 | €1,643 | €9,361 | +€7,719 | +469.9% |
| Plant, machinery and equipment | 23 | - | €8,927 | +€8,927 | |
| Furniture and vehicles | 24 | €1,643 | €434 | -€1,209 | -73.6% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €153,317 | €177,731 | +€24,414 | +15.9% |
| Amounts receivable within one year | 40/41 | €37,904 | €41,603 | +€3,699 | +9.8% |
| Trade receivables | 40 | €36,754 | €41,028 | +€4,274 | +11.6% |
| Other amounts receivable | 41 | €1,150 | €575 | -€575 | -50.0% |
| Cash at bank and in hand | 54/58 | €112,132 | €132,578 | +€20,446 | +18.2% |
| Deferred charges and accrued income | 490/1 | €3,281 | €3,550 | +€269 | +8.2% |
| Total equity and liabilities | 10/49 | €155,562 | €187,299 | +€31,737 | +20.4% |
| Equity | 10/15 | €126,472 | €151,665 | +€25,193 | +19.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €115,000 | €140,000 | +€25,000 | +21.7% |
| Distributable reserves | 133 | €115,000 | €140,000 | +€25,000 | +21.7% |
| Profit (loss) carried forward | 14 | €1,472 | €1,665 | +€193 | +13.1% |
| Amounts payable | 17/49 | €29,090 | €35,634 | +€6,545 | +22.5% |
| Amounts payable within one year | 42/48 | €29,090 | €35,634 | +€6,545 | +22.5% |
| Trade debts | 44 | €22,480 | €30,718 | +€8,238 | +36.6% |
| Suppliers | 440/4 | €22,480 | €30,718 | +€8,238 | +36.6% |
| Taxes, remuneration and social security | 45 | €4,588 | €2,638 | -€1,951 | -42.5% |
| Taxes | 450/3 | €4,588 | €2,638 | -€1,951 | -42.5% |
| Other amounts payable | 47/48 | €2,021 | €2,278 | +€257 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,604 | €1,702 | +€98 | +6.1% |
| Other operating charges | 640/8 | €383 | €446 | +€63 | +16.4% |
| Gross operating margin | 9900 | €84,740 | €36,278 | -€48,463 | -57.2% |
| Operating profit (loss) | 9901 | €82,753 | €34,130 | -€48,623 | -58.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,000 | €1,522 | -€478 | -23.9% |
| Recurring financial charges | 65 | €2,000 | €1,522 | -€478 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €80,753 | €32,609 | -€48,144 | -59.6% |
| Income taxes | 67/77 | €16,861 | €7,416 | -€9,444 | -56.0% |
| Profit (loss) for the period | 9904 | €63,892 | €25,193 | -€38,700 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,892 | €25,193 | -€38,700 | -60.6% |
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.