RHYTHM NATION: 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.
RHYTHM NATION
Largest movements
- Receivables within one year +€4,311
up €4,311 (+147%), from €2,942 to €7,253
of which Trade receivables: +€2,200
- Tangible fixed assets -€1,540
down €1,540 (-43.3%), from €3,555 to €2,015
of which Furniture and vehicles: -€1,356
- Cash -€344
down €344 (-40.0%), from €860 to €517
mainly Net result for the year (-€6,128) and Receivables within one year (-€4,311)
- Deferred charges and accrued income -€129
no longer reported in 2025 (was €129)
- Other debts +€8,220
up €8,220 (+34.6%), from €23,755 to €31,975
- Profit (loss) carried forward -€6,128
down €6,128 (-23.5%), from -€26,120 to -€32,247
- Tax, wage and social debts +€141
up €141 (+101%), from €140 to €280
- Depreciation +€634
up €634 (+70.0%), from €906 to €1,540
- Gross operating margin -€578
down €578 (-18.1%), from -€3,186 to -€3,763
- Financial charges -€227
down €227 (-59.3%), from €383 to €156
- Other operating charges -€47
down €47 (-8.1%), from €576 to €529
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 | €7,949 | €10,246 | +€2,297 | +28.9% |
| Fixed assets | 21/28 | €4,017 | €2,477 | -€1,540 | -38.3% |
| Tangible fixed assets | 22/27 | €3,555 | €2,015 | -€1,540 | -43.3% |
| Plant, machinery and equipment | 23 | €184 | - | -€184 | |
| Furniture and vehicles | 24 | €3,371 | €2,015 | -€1,356 | -40.2% |
| Financial fixed assets | 28 | €462 | €462 | = | 0.0% |
| Current assets | 29/58 | €3,932 | €7,769 | +€3,838 | +97.6% |
| Amounts receivable within one year | 40/41 | €2,942 | €7,253 | +€4,311 | +147% |
| Trade receivables | 40 | €660 | €2,859 | +€2,200 | +334% |
| Other amounts receivable | 41 | €2,282 | €4,393 | +€2,111 | +92.5% |
| Cash at bank and in hand | 54/58 | €860 | €517 | -€344 | -40.0% |
| Deferred charges and accrued income | 490/1 | €129 | - | -€129 | |
| Total equity and liabilities | 10/49 | €7,949 | €10,246 | +€2,297 | +28.9% |
| Equity | 10/15 | -€18,060 | -€24,187 | -€6,128 | -33.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,120 | -€32,247 | -€6,128 | -23.5% |
| Amounts payable | 17/49 | €26,008 | €34,433 | +€8,425 | +32.4% |
| Amounts payable within one year | 42/48 | €26,008 | €34,433 | +€8,425 | +32.4% |
| Trade debts | 44 | €2,114 | €2,177 | +€63 | +3.0% |
| Suppliers | 440/4 | €2,114 | €2,177 | +€63 | +3.0% |
| Taxes, remuneration and social security | 45 | €140 | €280 | +€141 | +101% |
| Taxes | 450/3 | €140 | €280 | +€141 | +101% |
| Other amounts payable | 47/48 | €23,755 | €31,975 | +€8,220 | +34.6% |
| Non-recurring operating income | 76A | €120 | - | -€120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €906 | €1,540 | +€634 | +70.0% |
| Other operating charges | 640/8 | €576 | €529 | -€47 | -8.1% |
| Non-recurring operating charges | 66A | €542 | - | -€542 | |
| Gross operating margin | 9900 | -€3,186 | -€3,763 | -€578 | -18.1% |
| Operating profit (loss) | 9901 | -€5,209 | -€5,833 | -€623 | -12.0% |
| Financial income | 75/76B | €0 | €3 | +€3 | +1,205% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +1,205% |
| Financial charges | 65/66B | €383 | €156 | -€227 | -59.3% |
| Recurring financial charges | 65 | €383 | €156 | -€227 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,592 | -€5,986 | -€393 | -7.0% |
| Income taxes | 67/77 | €140 | €142 | +€2 | +1.6% |
| Profit (loss) for the period | 9904 | -€5,732 | -€6,128 | -€396 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,732 | -€6,128 | -€396 | -6.9% |
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 17 October 2026 via checked.be.