RHUMARC: 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.
RHUMARC
Largest movements
- Cash +€50,619
up €50,619 (+17.5%), from €288,536 to €339,155
mainly Net result for the year (+€141,640) and Tax, wage and social debts (+€25,517)
- Current investments +€43,852
up €43,852 (+84.0%), from €52,220 to €96,071
- Receivables within one year -€20,110
down €20,110 (-33.2%), from €60,486 to €40,376
of which Other amounts receivable: -€33,716
- Tangible fixed assets +€17,923
up €17,923 (+35.3%), from €50,778 to €68,702
of which Other tangible fixed assets: +€12,192
- Reserves +€85,830
up €85,830 (+19.2%), from €446,516 to €532,347
of which Distributable reserves: +€85,830
- Tax, wage and social debts +€25,517
up €25,517 (+303.1%), from €8,419 to €33,936
of which Taxes: +€26,548
- Current portion of long-term debt -€18,760
down €18,760 (-100.0%), from €18,760 to €0
- Other debts +€6,586
up €6,586, from €0 to €6,586
- Gross operating margin +€98,958
up €98,958 (+53.8%), from €184,080 to €283,038
- Taxes +€35,884
up €35,884 (+107.5%), from €33,385 to €69,269
- Staff costs -€5,592
down €5,592 (-52.3%), from €10,687 to €5,095
- Financial charges -€4,031
down €4,031 (-7.1%), from €56,801 to €52,769
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.
Cash bridge derived
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 | €534,100 | €627,233 | +€93,133 | +17.4% |
| Fixed assets | 21/28 | €128,543 | €146,467 | +€17,923 | +13.9% |
| Tangible fixed assets | 22/27 | €50,778 | €68,702 | +€17,923 | +35.3% |
| Plant, machinery and equipment | 23 | €8,123 | €11,052 | +€2,930 | +36.1% |
| Furniture and vehicles | 24 | €8,850 | €11,052 | +€2,201 | +24.9% |
| Other tangible fixed assets | 26 | €33,805 | €45,998 | +€12,192 | +36.1% |
| Assets under construction and advance payments | 27 | - | €600 | +€600 | |
| Financial fixed assets | 28 | €77,765 | €77,765 | = | 0.0% |
| Current assets | 29/58 | €405,556 | €480,766 | +€75,210 | +18.5% |
| Amounts receivable within one year | 40/41 | €60,486 | €40,376 | -€20,110 | -33.2% |
| Trade receivables | 40 | €111 | €13,716 | +€13,606 | +12306.1% |
| Other amounts receivable | 41 | €60,376 | €26,660 | -€33,716 | -55.8% |
| Current investments | 50/53 | €52,220 | €96,071 | +€43,852 | +84.0% |
| Cash at bank and in hand | 54/58 | €288,536 | €339,155 | +€50,619 | +17.5% |
| Deferred charges and accrued income | 490/1 | €4,314 | €5,163 | +€849 | +19.7% |
| Total equity and liabilities | 10/49 | €534,100 | €627,233 | +€93,133 | +17.4% |
| Equity | 10/15 | €452,716 | €538,547 | +€85,830 | +19.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €446,516 | €532,347 | +€85,830 | +19.2% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €443,516 | €529,347 | +€85,830 | +19.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,383 | €88,686 | +€7,303 | +9.0% |
| Amounts payable after more than one year | 17 | €1,716 | €0 | -€1,716 | -100.0% |
| Financial debts | 170/4 | €1,716 | €0 | -€1,716 | -100.0% |
| Amounts payable within one year | 42/48 | €74,474 | €82,286 | +€7,812 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €18,760 | €0 | -€18,760 | -100.0% |
| Financial debts | 43 | €40,000 | €40,000 | = | 0.0% |
| Credit institutions | 430/8 | €40,000 | €40,000 | = | 0.0% |
| Trade debts | 44 | €7,294 | €1,764 | -€5,531 | -75.8% |
| Suppliers | 440/4 | €7,294 | €1,764 | -€5,531 | -75.8% |
| Taxes, remuneration and social security | 45 | €8,419 | €33,936 | +€25,517 | +303.1% |
| Taxes | 450/3 | €6,978 | €33,525 | +€26,548 | +380.5% |
| Remuneration and social security | 454/9 | €1,442 | €411 | -€1,031 | -71.5% |
| Other amounts payable | 47/48 | €0 | €6,586 | +€6,586 | |
| Accrued charges and deferred income | 492/3 | €5,193 | €6,400 | +€1,206 | +23.2% |
| Non-recurring operating income | 76A | - | €69 | +€69 | |
| Remuneration, social security and pensions | 62 | €10,687 | €5,095 | -€5,592 | -52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,837 | €14,883 | +€2,046 | +15.9% |
| Other operating charges | 640/8 | €1,387 | €1,441 | +€53 | +3.8% |
| Gross operating margin | 9900 | €184,080 | €283,038 | +€98,958 | +53.8% |
| Operating profit (loss) | 9901 | €159,168 | €261,618 | +€102,450 | +64.4% |
| Financial income | 75/76B | €794 | €2,060 | +€1,265 | +159.3% |
| Recurring financial income | 75 | €794 | €2,060 | +€1,265 | +159.3% |
| Financial charges | 65/66B | €56,801 | €52,769 | -€4,031 | -7.1% |
| Recurring financial charges | 65 | €56,801 | €52,769 | -€4,031 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €103,162 | €210,909 | +€107,747 | +104.4% |
| Income taxes | 67/77 | €33,385 | €69,269 | +€35,884 | +107.5% |
| Profit (loss) for the period | 9904 | €69,777 | €141,640 | +€71,863 | +103.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,777 | €141,640 | +€71,863 | +103.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.