RHI Services: 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.
RHI Services
Largest movements
- Cash -€75,143
down €75,143 (-62.4%), from €120,355 to €45,212
mainly Other debts (-€106,355) and Trade debts (-€18,697)
- Receivables within one year -€42,832
down €42,832 (-89.0%), from €48,120 to €5,287
of which Trade receivables: -€42,942
- Stocks and contracts -€8,311
down €8,311 (-11.5%), from €72,159 to €63,848
- Deferred charges and accrued income -€5,067
no longer reported in 2025 (was €5,067)
- Other debts -€106,355
down €106,355 (-98.1%), from €108,372 to €2,017
- Trade debts -€18,697
down €18,697 (-63.2%), from €29,570 to €10,873
- Tax, wage and social debts -€16,200
down €16,200 (-68.2%), from €23,749 to €7,549
of which Remuneration and social security: -€8,341
- Reserves +€12,420
new in 2025: €12,420
- Accrued charges and deferred income -€3,000
down €3,000 (-50.0%), from €6,000 to €3,000
- Gross operating margin -€123,815
down €123,815 (-86.5%), from €143,083 to €19,268
- Taxes -€27,372
down €27,372 (-87.4%), from €31,303 to €3,931
- Financial charges -€1,615
down €1,615 (-82.9%), from €1,949 to €334
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 | €246,242 | €114,409 | -€131,833 | -53.5% |
| Fixed assets | 21/28 | €542 | €62 | -€479 | -88.5% |
| Tangible fixed assets | 22/27 | €479 | - | -€479 | |
| Furniture and vehicles | 24 | €479 | - | -€479 | |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €245,700 | €114,347 | -€131,353 | -53.5% |
| Stocks and contracts in progress | 3 | €72,159 | €63,848 | -€8,311 | -11.5% |
| Stocks | 30/36 | €72,159 | €63,848 | -€8,311 | -11.5% |
| Amounts receivable within one year | 40/41 | €48,120 | €5,287 | -€42,832 | -89.0% |
| Trade receivables | 40 | €48,120 | €5,178 | -€42,942 | -89.2% |
| Other amounts receivable | 41 | - | €109 | +€109 | |
| Cash at bank and in hand | 54/58 | €120,355 | €45,212 | -€75,143 | -62.4% |
| Deferred charges and accrued income | 490/1 | €5,067 | - | -€5,067 | |
| Total equity and liabilities | 10/49 | €246,242 | €114,409 | -€131,833 | -53.5% |
| Equity | 10/15 | €18,550 | €30,970 | +€12,420 | +67.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | - | €12,420 | +€12,420 | |
| Distributable reserves | 133 | - | €12,420 | +€12,420 | |
| Amounts payable | 17/49 | €227,692 | €83,439 | -€144,253 | -63.4% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €161,692 | €20,439 | -€141,253 | -87.4% |
| Trade debts | 44 | €29,570 | €10,873 | -€18,697 | -63.2% |
| Suppliers | 440/4 | €29,570 | €10,873 | -€18,697 | -63.2% |
| Taxes, remuneration and social security | 45 | €23,749 | €7,549 | -€16,200 | -68.2% |
| Taxes | 450/3 | €15,408 | €7,549 | -€7,859 | -51.0% |
| Remuneration and social security | 454/9 | €8,341 | - | -€8,341 | |
| Other amounts payable | 47/48 | €108,372 | €2,017 | -€106,355 | -98.1% |
| Accrued charges and deferred income | 492/3 | €6,000 | €3,000 | -€3,000 | -50.0% |
| Non-recurring operating income | 76A | €4,250 | - | -€4,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €492 | €479 | -€13 | -2.6% |
| Other operating charges | 640/8 | €2,713 | €2,113 | -€600 | -22.1% |
| Gross operating margin | 9900 | €143,083 | €19,268 | -€123,815 | -86.5% |
| Operating profit (loss) | 9901 | €139,878 | €16,675 | -€123,202 | -88.1% |
| Financial income | 75/76B | €983 | €10 | -€974 | -99.0% |
| Recurring financial income | 75 | €983 | €10 | -€974 | -99.0% |
| Financial charges | 65/66B | €1,949 | €334 | -€1,615 | -82.9% |
| Recurring financial charges | 65 | €1,949 | €334 | -€1,615 | -82.9% |
| Profit (loss) for the period before taxes | 9903 | €138,912 | €16,351 | -€122,561 | -88.2% |
| Income taxes | 67/77 | €31,303 | €3,931 | -€27,372 | -87.4% |
| Profit (loss) for the period | 9904 | €107,609 | €12,420 | -€95,189 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €107,609 | €12,420 | -€95,189 | -88.5% |
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 30 October 2026 via checked.be.