RHIZOME 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.
RHIZOME SERVICES
Largest movements
- Intangible fixed assets -€12,000
down €12,000 (-21.1%), from €56,942 to €44,942
- Tangible fixed assets -€7,794
down €7,794 (-32.2%), from €24,174 to €16,380
of which Furniture and vehicles: -€7,044
- Receivables within one year -€990
down €990 (-9.1%), from €10,890 to €9,900
- Debts after one year -€14,529
down €14,529 (-44.8%), from €32,451 to €17,922
- Other debts -€13,211
down €13,211 (-51.8%), from €25,503 to €12,292
- Current portion of long-term debt +€4,797
up €4,797 (+34.3%), from €13,982 to €18,779
- Short-term financial debts +€2,959
new in 2025: €2,959
- Reserves -€1,572
down €1,572 (-20.1%), from €7,827 to €6,256
- Gross operating margin -€7,299
down €7,299 (-22.9%), from €31,932 to €24,633
- Depreciation +€1,238
up €1,238 (+6.1%), from €20,299 to €21,537
- Taxes +€608
up €608 (+212%), from €287 to €895
- Financial charges +€401
up €401 (+17.4%), from €2,303 to €2,705
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 | €93,004 | €72,021 | -€20,984 | -22.6% |
| Fixed assets | 21/28 | €81,160 | €61,366 | -€19,794 | -24.4% |
| Intangible fixed assets | 21 | €56,942 | €44,942 | -€12,000 | -21.1% |
| Tangible fixed assets | 22/27 | €24,174 | €16,380 | -€7,794 | -32.2% |
| Furniture and vehicles | 24 | €18,506 | €11,461 | -€7,044 | -38.1% |
| Other tangible fixed assets | 26 | €5,669 | €4,919 | -€750 | -13.2% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €11,844 | €10,655 | -€1,189 | -10.0% |
| Amounts receivable within one year | 40/41 | €10,890 | €9,900 | -€990 | -9.1% |
| Trade receivables | 40 | €10,890 | €9,900 | -€990 | -9.1% |
| Cash at bank and in hand | 54/58 | €50 | - | -€50 | |
| Deferred charges and accrued income | 490/1 | €904 | €755 | -€149 | -16.5% |
| Total equity and liabilities | 10/49 | €93,004 | €72,021 | -€20,984 | -22.6% |
| Equity | 10/15 | €13,827 | €12,256 | -€1,572 | -11.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €7,827 | €6,256 | -€1,572 | -20.1% |
| Distributable reserves | 133 | €7,827 | €6,256 | -€1,572 | -20.1% |
| Amounts payable | 17/49 | €79,177 | €59,765 | -€19,412 | -24.5% |
| Amounts payable after more than one year | 17 | €32,451 | €17,922 | -€14,529 | -44.8% |
| Financial debts | 170/4 | €32,451 | €17,922 | -€14,529 | -44.8% |
| Amounts payable within one year | 42/48 | €46,726 | €41,843 | -€4,883 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €13,982 | €18,779 | +€4,797 | +34.3% |
| Financial debts | 43 | - | €2,959 | +€2,959 | |
| Credit institutions | 430/8 | - | €2,959 | +€2,959 | |
| Trade debts | 44 | €2,862 | €4,295 | +€1,433 | +50.1% |
| Suppliers | 440/4 | €2,862 | €4,295 | +€1,433 | +50.1% |
| Taxes, remuneration and social security | 45 | €4,379 | €3,517 | -€862 | -19.7% |
| Taxes | 450/3 | €4,379 | €3,517 | -€862 | -19.7% |
| Other amounts payable | 47/48 | €25,503 | €12,292 | -€13,211 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,299 | €21,537 | +€1,238 | +6.1% |
| Other operating charges | 640/8 | €1,203 | €1,068 | -€135 | -11.2% |
| Gross operating margin | 9900 | €31,932 | €24,633 | -€7,299 | -22.9% |
| Operating profit (loss) | 9901 | €10,430 | €2,028 | -€8,402 | -80.6% |
| Financial income | 75/76B | €35 | - | -€35 | |
| Recurring financial income | 75 | €35 | - | -€35 | |
| Financial charges | 65/66B | €2,303 | €2,705 | +€401 | +17.4% |
| Recurring financial charges | 65 | €2,303 | €2,705 | +€401 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €8,162 | -€676 | -€8,839 | |
| Income taxes | 67/77 | €287 | €895 | +€608 | +212% |
| Profit (loss) for the period | 9904 | €7,875 | -€1,572 | -€9,447 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,875 | -€1,572 | -€9,447 |
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 19 October 2026 via checked.be.