Rhodée: 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.
Rhodée
Largest movements
- Receivables within one year +€36,290
up €36,290 (+497%), from €7,309 to €43,599
of which Trade receivables: +€36,261
- Tangible fixed assets +€6,628
up €6,628 (+188%), from €3,518 to €10,146
- Stocks and contracts -€5,482
down €5,482 (-9.7%), from €56,649 to €51,166
- Intangible fixed assets -€1,547
down €1,547 (-9.6%), from €16,106 to €14,559
- Profit (loss) carried forward +€27,699
up €27,699, from -€18,697 to €9,003
- Accrued charges and deferred income +€13,000
up €13,000 (+108%), from €12,000 to €25,000
- Other debts -€9,924
down €9,924 (-13.0%), from €76,164 to €66,239
- Tax, wage and social debts +€2,957
up €2,957 (+120%), from €2,472 to €5,429
- Trade debts +€1,462
up €1,462 (+64.3%), from €2,275 to €3,737
- Gross operating margin +€32,656
up €32,656 (+640%), from €5,101 to €37,757
- Depreciation +€3,424
up €3,424 (+99.2%), from €3,452 to €6,877
- Other operating charges +€1,892
up €1,892 (+516%), from €366 to €2,258
- Taxes -€1,000
no longer reported in 2025 (was €1,000)
- Financial charges +€762
up €762 (+328%), from €232 to €994
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 | €91,214 | €126,408 | +€35,194 | +38.6% |
| Fixed assets | 21/28 | €19,624 | €24,704 | +€5,080 | +25.9% |
| Intangible fixed assets | 21 | €16,106 | €14,559 | -€1,547 | -9.6% |
| Tangible fixed assets | 22/27 | €3,518 | €10,146 | +€6,628 | +188% |
| Furniture and vehicles | 24 | €3,518 | €10,146 | +€6,628 | +188% |
| Current assets | 29/58 | €71,590 | €101,704 | +€30,114 | +42.1% |
| Stocks and contracts in progress | 3 | €56,649 | €51,166 | -€5,482 | -9.7% |
| Stocks | 30/36 | €56,649 | €51,166 | -€5,482 | -9.7% |
| Amounts receivable within one year | 40/41 | €7,309 | €43,599 | +€36,290 | +497% |
| Trade receivables | 40 | €7,309 | €43,570 | +€36,261 | +496% |
| Other amounts receivable | 41 | - | €29 | +€29 | |
| Cash at bank and in hand | 54/58 | €7,633 | €6,938 | -€694 | -9.1% |
| Total equity and liabilities | 10/49 | €91,214 | €126,408 | +€35,194 | +38.6% |
| Equity | 10/15 | -€1,697 | €26,003 | +€27,699 | |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,697 | €9,003 | +€27,699 | |
| Amounts payable | 17/49 | €92,911 | €100,405 | +€7,494 | +8.1% |
| Amounts payable within one year | 42/48 | €80,911 | €75,405 | -€5,506 | -6.8% |
| Trade debts | 44 | €2,275 | €3,737 | +€1,462 | +64.3% |
| Suppliers | 440/4 | €2,275 | €3,737 | +€1,462 | +64.3% |
| Taxes, remuneration and social security | 45 | €2,472 | €5,429 | +€2,957 | +120% |
| Taxes | 450/3 | €2,472 | €5,429 | +€2,957 | +120% |
| Other amounts payable | 47/48 | €76,164 | €66,239 | -€9,924 | -13.0% |
| Accrued charges and deferred income | 492/3 | €12,000 | €25,000 | +€13,000 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,452 | €6,877 | +€3,424 | +99.2% |
| Other operating charges | 640/8 | €366 | €2,258 | +€1,892 | +516% |
| Gross operating margin | 9900 | €5,101 | €37,757 | +€32,656 | +640% |
| Operating profit (loss) | 9901 | €1,283 | €28,622 | +€27,339 | +2,132% |
| Financial income | 75/76B | €58 | €72 | +€14 | +24.3% |
| Recurring financial income | 75 | €58 | €72 | +€14 | +24.3% |
| Financial charges | 65/66B | €232 | €994 | +€762 | +328% |
| Recurring financial charges | 65 | €232 | €994 | +€762 | +328% |
| Profit (loss) for the period before taxes | 9903 | €1,108 | €27,699 | +€26,592 | +2,400% |
| Income taxes | 67/77 | €1,000 | - | -€1,000 | |
| Profit (loss) for the period | 9904 | €108 | €27,699 | +€27,592 | +25,598% |
| Profit (loss) for the period to be appropriated | 9905 | €108 | €27,699 | +€27,592 | +25,598% |
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.