RHINO ELECTRONICS: 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.
RHINO ELECTRONICS
Largest movements
- Receivables within one year -€3,068
no longer reported in 2025 (was €3,068)
of which Trade receivables: -€2,735
- Tangible fixed assets -€3,053
down €3,053 (-32.7%), from €9,337 to €6,284
of which Furniture and vehicles: -€2,118
- Cash -€354
down €354 (-53.7%), from €660 to €306
mainly Other debts (-€5,451) and Trade debts (-€2,694)
- Other debts -€5,451
down €5,451 (-68.0%), from €8,018 to €2,567
- Profit (loss) carried forward +€2,994
up €2,994 (+17.0%), from -€17,610 to -€14,616
- Trade debts -€2,694
down €2,694 (-23.3%), from €11,584 to €8,890
- Debts after one year -€2,639
down €2,639 (-46.5%), from €5,679 to €3,040
- Advances received +€1,250
new in 2025: €1,250
- Gross operating margin +€11,672
up €11,672, from -€4,124 to €7,548
- Turnover +€9,384
new in 2025: €9,384
- Other operating charges -€5,920
down €5,920 (-94.7%), from €6,253 to €333
- Purchases and services +€2,061
new in 2025: €2,061
- Write-downs +€936
new in 2025: €936
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 | €13,066 | €6,590 | -€6,476 | -49.6% |
| Fixed assets | 21/28 | €9,337 | €6,284 | -€3,053 | -32.7% |
| Tangible fixed assets | 22/27 | €9,337 | €6,284 | -€3,053 | -32.7% |
| Plant, machinery and equipment | 23 | €1,469 | €534 | -€935 | -63.6% |
| Furniture and vehicles | 24 | €7,868 | €5,750 | -€2,118 | -26.9% |
| Current assets | 29/58 | €3,729 | €306 | -€3,423 | -91.8% |
| Amounts receivable within one year | 40/41 | €3,068 | - | -€3,068 | |
| Trade receivables | 40 | €2,735 | - | -€2,735 | |
| Other amounts receivable | 41 | €333 | - | -€333 | |
| Cash at bank and in hand | 54/58 | €660 | €306 | -€354 | -53.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €13,066 | €6,590 | -€6,476 | -49.6% |
| Equity | 10/15 | -€15,610 | -€12,616 | +€2,994 | +19.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,610 | -€14,616 | +€2,994 | +17.0% |
| Amounts payable | 17/49 | €28,675 | €19,206 | -€9,469 | -33.0% |
| Amounts payable after more than one year | 17 | €5,679 | €3,040 | -€2,639 | -46.5% |
| Financial debts | 170/4 | €5,679 | €3,040 | -€2,639 | -46.5% |
| Amounts payable within one year | 42/48 | €22,996 | €16,166 | -€6,830 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €2,216 | €2,339 | +€124 | +5.6% |
| Trade debts | 44 | €11,584 | €8,890 | -€2,694 | -23.3% |
| Suppliers | 440/4 | €11,584 | €8,890 | -€2,694 | -23.3% |
| Advances received on contracts in progress | 46 | - | €1,250 | +€1,250 | |
| Taxes, remuneration and social security | 45 | €1,178 | €1,120 | -€59 | -5.0% |
| Taxes | 450/3 | €1,178 | €1,120 | -€59 | -5.0% |
| Other amounts payable | 47/48 | €8,018 | €2,567 | -€5,451 | -68.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | - | €9,384 | +€9,384 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,061 | +€2,061 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,601 | €3,053 | -€549 | -15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €936 | +€936 | |
| Other operating charges | 640/8 | €6,253 | €333 | -€5,920 | -94.7% |
| Gross operating margin | 9900 | -€4,124 | €7,548 | +€11,672 | |
| Operating profit (loss) | 9901 | -€13,978 | €3,226 | +€17,205 | |
| Financial income | 75/76B | €9 | €61 | +€52 | +615% |
| Recurring financial income | 75 | €9 | €61 | +€52 | +615% |
| Financial charges | 65/66B | €755 | €293 | -€462 | -61.2% |
| Recurring financial charges | 65 | €755 | €293 | -€462 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,725 | €2,994 | +€17,719 | |
| Income taxes | 67/77 | €31 | - | -€31 | |
| Profit (loss) for the period | 9904 | -€14,756 | €2,994 | +€17,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,756 | €2,994 | +€17,750 |
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 13 October 2026 via checked.be.