RHODOS GROUP: what changed
RHODOS GROUP
Largest movements
- Tangible fixed assets -€54,768
down €54,768 (-9.6%), from €572,834 to €518,066
of which Land and buildings: -€41,135
- Cash -€12,311
down €12,311 (-3.1%), from €397,066 to €384,755
mainly Debts after one year (-€53,291) and Net result for the year (-€11,103)
- Debts after one year -€53,291
down €53,291 (-17.8%), from €300,209 to €246,918
- Reserves -€11,103
down €11,103 (-9.7%), from €114,699 to €103,597
of which Distributable reserves: -€11,103
- Depreciation -€11,155
down €11,155 (-16.1%), from €69,167 to €58,013
- Financial income +€6,782
up €6,782 (+498%), from €1,361 to €8,143
- Gross operating margin +€5,052
up €5,052 (+10.8%), from €46,806 to €51,858
- Other operating charges -€1,745
down €1,745 (-24.9%), from €7,022 to €5,277
- Taxes +€1,377
up €1,377 (+287%), from €479 to €1,857
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 | €1,070,890 | €1,002,667 | -€68,224 | -6.4% |
| Fixed assets | 21/28 | €572,834 | €518,066 | -€54,768 | -9.6% |
| Tangible fixed assets | 22/27 | €572,834 | €518,066 | -€54,768 | -9.6% |
| Land and buildings | 22 | €518,567 | €477,432 | -€41,135 | -7.9% |
| Plant, machinery and equipment | 23 | €3,085 | €2,248 | -€837 | -27.1% |
| Furniture and vehicles | 24 | €51,181 | €38,386 | -€12,795 | -25.0% |
| Current assets | 29/58 | €498,056 | €484,601 | -€13,456 | -2.7% |
| Amounts receivable within one year | 40/41 | €3,554 | €1,813 | -€1,741 | -49.0% |
| Trade receivables | 40 | €1,850 | €487 | -€1,363 | -73.7% |
| Other amounts receivable | 41 | €1,704 | €1,326 | -€378 | -22.2% |
| Current investments | 50/53 | €93,539 | €94,180 | +€642 | +0.7% |
| Cash at bank and in hand | 54/58 | €397,066 | €384,755 | -€12,311 | -3.1% |
| Deferred charges and accrued income | 490/1 | €3,897 | €3,853 | -€45 | -1.1% |
| Total equity and liabilities | 10/49 | €1,070,890 | €1,002,667 | -€68,224 | -6.4% |
| Equity | 10/15 | €259,699 | €248,597 | -€11,103 | -4.3% |
| Contributions | 10/11 | €145,000 | €145,000 | = | 0.0% |
| Reserves | 13 | €114,699 | €103,597 | -€11,103 | -9.7% |
| Tax-exempt reserves | 132 | €35,261 | €35,261 | = | 0.0% |
| Distributable reserves | 133 | €79,438 | €68,336 | -€11,103 | -14.0% |
| Amounts payable | 17/49 | €811,191 | €754,070 | -€57,121 | -7.0% |
| Amounts payable after more than one year | 17 | €300,209 | €246,918 | -€53,291 | -17.8% |
| Financial debts | 170/4 | €300,209 | €246,918 | -€53,291 | -17.8% |
| Amounts payable within one year | 42/48 | €506,613 | €503,868 | -€2,746 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €52,812 | €53,291 | +€480 | +0.9% |
| Trade debts | 44 | €698 | €938 | +€240 | +34.4% |
| Suppliers | 440/4 | €698 | €938 | +€240 | +34.4% |
| Other amounts payable | 47/48 | €453,103 | €449,638 | -€3,466 | -0.8% |
| Accrued charges and deferred income | 492/3 | €4,369 | €3,285 | -€1,084 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,167 | €58,013 | -€11,155 | -16.1% |
| Other operating charges | 640/8 | €7,022 | €5,277 | -€1,745 | -24.9% |
| Gross operating margin | 9900 | €46,806 | €51,858 | +€5,052 | +10.8% |
| Operating profit (loss) | 9901 | -€29,383 | -€11,431 | +€17,952 | +61.1% |
| Financial income | 75/76B | €1,361 | €8,143 | +€6,782 | +498% |
| Recurring financial income | 75 | €1,361 | €8,143 | +€6,782 | +498% |
| Financial charges | 65/66B | €6,867 | €5,958 | -€909 | -13.2% |
| Recurring financial charges | 65 | €6,867 | €5,958 | -€909 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | -€34,889 | -€9,246 | +€25,643 | +73.5% |
| Income taxes | 67/77 | €479 | €1,857 | +€1,377 | +287% |
| Profit (loss) for the period | 9904 | -€35,369 | -€11,103 | +€24,266 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,369 | -€11,103 | +€24,266 | +68.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.