Rhisninter: 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.
Rhisninter
Largest movements
- Cash -€177,864
down €177,864 (-57.2%), from €310,872 to €133,009
mainly Net result for the year (-€658,905) and Receivables within one year (-€100,893)
- Receivables within one year +€100,893
up €100,893 (+64.5%), from €156,503 to €257,396
of which Other amounts receivable: +€94,959
- Stocks and contracts +€55,234
up €55,234 (+21.1%), from €261,540 to €316,774
- Tangible fixed assets -€12,523
down €12,523 (-24.0%), from €52,080 to €39,557
of which Leasing and similar rights: -€22,328
- Deferred charges and accrued income +€11,663
up €11,663 (+191%), from €6,117 to €17,780
- Profit (loss) carried forward -€658,905
down €658,905 (-59.9%), from -€1.1m to -€1.8m
- Trade debts +€471,331
up €471,331 (+28.5%), from €1.7m to €2.1m
- Other debts +€178,877
new in 2025: €178,877
- Debts after one year -€20,441
down €20,441 (-79.1%), from €25,829 to €5,388
- Short-term financial debts +€10,451
new in 2025: €10,451
- Gross operating margin +€107,427
up €107,427 (+48.0%), from -€223,790 to -€116,362
- Financial income -€84,515
down €84,515 (-51.2%), from €165,041 to €80,527
- Financial charges +€80,220
up €80,220 (+43.8%), from €183,047 to €263,267
of which Financial charges: +€86,186
- Other operating charges +€20,734
up €20,734 (+469%), from €4,421 to €25,155
- Staff costs +€14,647
up €14,647 (+5.8%), from €254,382 to €269,029
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 | €804,758 | €772,043 | -€32,714 | -4.1% |
| Fixed assets | 21/28 | €69,726 | €47,085 | -€22,641 | -32.5% |
| Tangible fixed assets | 22/27 | €52,080 | €39,557 | -€12,523 | -24.0% |
| Plant, machinery and equipment | 23 | €8,787 | €21,447 | +€12,660 | +144% |
| Furniture and vehicles | 24 | €5,371 | €2,516 | -€2,855 | -53.2% |
| Leasing and similar rights | 25 | €37,922 | €15,593 | -€22,328 | -58.9% |
| Financial fixed assets | 28 | €17,646 | €7,528 | -€10,118 | -57.3% |
| Current assets | 29/58 | €735,032 | €724,958 | -€10,074 | -1.4% |
| Stocks and contracts in progress | 3 | €261,540 | €316,774 | +€55,234 | +21.1% |
| Stocks | 30/36 | €261,540 | €316,774 | +€55,234 | +21.1% |
| Amounts receivable within one year | 40/41 | €156,503 | €257,396 | +€100,893 | +64.5% |
| Trade receivables | 40 | €1,188 | €7,123 | +€5,934 | +499% |
| Other amounts receivable | 41 | €155,314 | €250,273 | +€94,959 | +61.1% |
| Cash at bank and in hand | 54/58 | €310,872 | €133,009 | -€177,864 | -57.2% |
| Deferred charges and accrued income | 490/1 | €6,117 | €17,780 | +€11,663 | +191% |
| Total equity and liabilities | 10/49 | €804,758 | €772,043 | -€32,714 | -4.1% |
| Equity | 10/15 | -€935,170 | -€1,594,075 | -€658,905 | -70.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €64,668 | €64,668 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €54,668 | €54,668 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,099,838 | -€1,758,743 | -€658,905 | -59.9% |
| Amounts payable | 17/49 | €1,739,928 | €2,366,119 | +€626,191 | +36.0% |
| Amounts payable after more than one year | 17 | €25,829 | €5,388 | -€20,441 | -79.1% |
| Financial debts | 170/4 | €25,829 | €5,388 | -€20,441 | -79.1% |
| Amounts payable within one year | 42/48 | €1,710,959 | €2,357,590 | +€646,631 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €29,524 | €20,441 | -€9,083 | -30.8% |
| Financial debts | 43 | - | €10,451 | +€10,451 | |
| Credit institutions | 430/8 | - | €10,451 | +€10,451 | |
| Trade debts | 44 | €1,652,434 | €2,123,765 | +€471,331 | +28.5% |
| Suppliers | 440/4 | €1,652,434 | €2,123,765 | +€471,331 | +28.5% |
| Taxes, remuneration and social security | 45 | €29,001 | €24,056 | -€4,946 | -17.1% |
| Taxes | 450/3 | - | €132 | +€132 | |
| Remuneration and social security | 454/9 | €29,001 | €23,924 | -€5,078 | -17.5% |
| Other amounts payable | 47/48 | - | €178,877 | +€178,877 | |
| Accrued charges and deferred income | 492/3 | €3,141 | €3,141 | = | 0.0% |
| Non-recurring operating income | 76A | €1,309 | €2,123 | +€815 | +62.2% |
| Remuneration, social security and pensions | 62 | €254,382 | €269,029 | +€14,647 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,592 | €28,807 | +€216 | +0.8% |
| Other operating charges | 640/8 | €4,421 | €25,155 | +€20,734 | +469% |
| Non-recurring operating charges | 66A | €27,962 | €36,812 | +€8,849 | +31.6% |
| Gross operating margin | 9900 | -€223,790 | -€116,362 | +€107,427 | +48.0% |
| Operating profit (loss) | 9901 | -€539,146 | -€476,165 | +€62,981 | +11.7% |
| Financial income | 75/76B | €165,041 | €80,527 | -€84,515 | -51.2% |
| Recurring financial income | 75 | €165,041 | €80,527 | -€84,515 | -51.2% |
| Financial charges | 65/66B | €183,047 | €263,267 | +€80,220 | +43.8% |
| Recurring financial charges | 65 | €176,689 | €262,874 | +€86,186 | +48.8% |
| Non-recurring financial charges | 66B | €6,358 | €392 | -€5,966 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | -€557,152 | -€658,905 | -€101,753 | -18.3% |
| Profit (loss) for the period | 9904 | -€557,152 | -€658,905 | -€101,753 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€557,152 | -€658,905 | -€101,753 | -18.3% |
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 14 October 2026 via checked.be.