RHIJCO: 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.
RHIJCO
Largest movements
- Current investments -€25,000
down €25,000 (-11.1%), from €225,806 to €200,806
- Receivables within one year -€18,845
down €18,845 (-96.1%), from €19,612 to €767
of which Trade receivables: -€11,374
- Cash -€9,017
down €9,017 (-7.7%), from €117,022 to €108,005
mainly Net result for the year (-€44,795) and Tax, wage and social debts (-€5,366)
- Financial fixed assets +€3,750
new in 2025: €3,750
- Reserves -€44,795
down €44,795 (-13.1%), from €341,068 to €296,273
- Tax, wage and social debts -€5,366
down €5,366 (-96.8%), from €5,543 to €177
- Gross operating margin -€71,233
down €71,233, from €28,655 to -€42,578
- Taxes -€7,015
down €7,015 (-97.0%), from €7,233 to €218
- Financial charges -€1,939
down €1,939 (-66.6%), from €2,911 to €972
- Other operating charges -€1,322
down €1,322 (-56.9%), from €2,324 to €1,002
- Financial income -€1,145
down €1,145 (-42.9%), from €2,671 to €1,526
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 | €367,528 | €315,899 | -€51,629 | -14.0% |
| Fixed assets | 21/28 | €3,844 | €6,043 | +€2,199 | +57.2% |
| Tangible fixed assets | 22/27 | €3,844 | €2,293 | -€1,551 | -40.3% |
| Furniture and vehicles | 24 | €3,844 | €2,293 | -€1,551 | -40.3% |
| Financial fixed assets | 28 | - | €3,750 | +€3,750 | |
| Current assets | 29/58 | €363,684 | €309,856 | -€53,828 | -14.8% |
| Amounts receivable within one year | 40/41 | €19,612 | €767 | -€18,845 | -96.1% |
| Trade receivables | 40 | €11,374 | €0 | -€11,374 | -100.0% |
| Other amounts receivable | 41 | €8,238 | €767 | -€7,471 | -90.7% |
| Current investments | 50/53 | €225,806 | €200,806 | -€25,000 | -11.1% |
| Cash at bank and in hand | 54/58 | €117,022 | €108,005 | -€9,017 | -7.7% |
| Deferred charges and accrued income | 490/1 | €1,245 | €278 | -€967 | -77.7% |
| Total equity and liabilities | 10/49 | €367,528 | €315,899 | -€51,629 | -14.0% |
| Equity | 10/15 | €359,668 | €314,873 | -€44,795 | -12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €341,068 | €296,273 | -€44,795 | -13.1% |
| Distributable reserves | 133 | €341,068 | €296,273 | -€44,795 | -13.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €7,860 | €1,026 | -€6,834 | -86.9% |
| Amounts payable within one year | 42/48 | €7,801 | €993 | -€6,808 | -87.3% |
| Trade debts | 44 | €74 | €816 | +€742 | +997.4% |
| Suppliers | 440/4 | €74 | €816 | +€742 | +997.4% |
| Taxes, remuneration and social security | 45 | €5,543 | €177 | -€5,366 | -96.8% |
| Taxes | 450/3 | €5,543 | €177 | -€5,366 | -96.8% |
| Other amounts payable | 47/48 | €2,184 | €0 | -€2,184 | -100.0% |
| Accrued charges and deferred income | 492/3 | €59 | €33 | -€27 | -45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,285 | €1,551 | -€734 | -32.1% |
| Other operating charges | 640/8 | €2,324 | €1,002 | -€1,322 | -56.9% |
| Gross operating margin | 9900 | €28,655 | -€42,578 | -€71,233 | |
| Operating profit (loss) | 9901 | €24,047 | -€45,131 | -€69,177 | |
| Financial income | 75/76B | €2,671 | €1,526 | -€1,145 | -42.9% |
| Recurring financial income | 75 | €2,671 | €1,526 | -€1,145 | -42.9% |
| Financial charges | 65/66B | €2,911 | €972 | -€1,939 | -66.6% |
| Recurring financial charges | 65 | €2,911 | €972 | -€1,939 | -66.6% |
| Profit (loss) for the period before taxes | 9903 | €23,807 | -€44,577 | -€68,384 | |
| Income taxes | 67/77 | €7,233 | €218 | -€7,015 | -97.0% |
| Profit (loss) for the period | 9904 | €16,574 | -€44,795 | -€61,368 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,574 | -€44,795 | -€61,368 |
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 6 October 2026 via checked.be.