Rhisnvest: what changed
Rhisnvest
Largest movements
- Receivables within one year +€67,257
up €67,257 (+6,602%), from €1,019 to €68,276
of which Other amounts receivable: +€67,579
- Cash +€6,299
up €6,299 (+75.7%), from €8,321 to €14,619
mainly Other debts (+€112,992) and Net result for the year (+€100,298)
- Other debts +€112,992
new in 2025: €112,992
- Debts after one year -€68,911
down €68,911 (-31.9%), from €215,977 to €147,066
of which Financial debts: -€39,201
- Reserves +€27,798
up €27,798 (+10.2%), from €272,203 to €300,001
- Financial income +€60,007
up €60,007 (+240%), from €25,000 to €85,007
- Gross operating margin -€24,505
down €24,505 (-49.1%), from €49,872 to €25,367
- Taxes -€4,592
down €4,592 (-49.4%), from €9,303 to €4,711
- Financial charges -€2,708
down €2,708 (-36.9%), from €7,336 to €4,627
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €539,997 | €612,299 | +€72,301 | +13.4% |
| Fixed assets | 21/28 | €528,863 | €528,863 | = | 0.0% |
| Tangible fixed assets | 22/27 | €58,500 | €58,500 | = | 0.0% |
| Furniture and vehicles | 24 | €58,500 | €58,500 | = | 0.0% |
| Financial fixed assets | 28 | €470,363 | €470,363 | = | 0.0% |
| Current assets | 29/58 | €11,134 | €83,436 | +€72,301 | +649% |
| Amounts receivable within one year | 40/41 | €1,019 | €68,276 | +€67,257 | +6,602% |
| Trade receivables | 40 | €322 | €0 | -€322 | -100% |
| Other amounts receivable | 41 | €697 | €68,276 | +€67,579 | +9,698% |
| Cash at bank and in hand | 54/58 | €8,321 | €14,619 | +€6,299 | +75.7% |
| Deferred charges and accrued income | 490/1 | €1,795 | €540 | -€1,255 | -69.9% |
| Total equity and liabilities | 10/49 | €539,997 | €612,299 | +€72,301 | +13.4% |
| Equity | 10/15 | €277,203 | €305,001 | +€27,798 | +10.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €272,203 | €300,001 | +€27,798 | +10.2% |
| Distributable reserves | 133 | €272,203 | €300,001 | +€27,798 | +10.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €262,794 | €307,298 | +€44,504 | +16.9% |
| Amounts payable after more than one year | 17 | €215,977 | €147,066 | -€68,911 | -31.9% |
| Financial debts | 170/4 | €178,268 | €139,066 | -€39,201 | -22.0% |
| Other amounts payable | 178/9 | €37,709 | €8,000 | -€29,709 | -78.8% |
| Amounts payable within one year | 42/48 | €46,667 | €160,081 | +€113,414 | +243% |
| Current portion of amounts payable after more than one year | 42 | €38,283 | €39,201 | +€918 | +2.4% |
| Trade debts | 44 | €63 | €377 | +€314 | +501% |
| Suppliers | 440/4 | €63 | €377 | +€314 | +501% |
| Taxes, remuneration and social security | 45 | €8,321 | €7,511 | -€810 | -9.7% |
| Taxes | 450/3 | €8,321 | €7,511 | -€810 | -9.7% |
| Other amounts payable | 47/48 | - | €112,992 | +€112,992 | |
| Accrued charges and deferred income | 492/3 | €150 | €150 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €163 | €0 | -€163 | -100% |
| Other operating charges | 640/8 | €789 | €738 | -€52 | -6.5% |
| Gross operating margin | 9900 | €49,872 | €25,367 | -€24,505 | -49.1% |
| Operating profit (loss) | 9901 | €48,920 | €24,630 | -€24,290 | -49.7% |
| Financial income | 75/76B | €25,000 | €85,007 | +€60,007 | +240% |
| Recurring financial income | 75 | €25,000 | €85,007 | +€60,007 | +240% |
| Financial charges | 65/66B | €7,336 | €4,627 | -€2,708 | -36.9% |
| Recurring financial charges | 65 | €7,336 | €4,627 | -€2,708 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €66,584 | €105,009 | +€38,425 | +57.7% |
| Income taxes | 67/77 | €9,303 | €4,711 | -€4,592 | -49.4% |
| Profit (loss) for the period | 9904 | €57,281 | €100,298 | +€43,017 | +75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,281 | €100,298 | +€43,017 | +75.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.