RINO CONSTRUCTION: 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.
RINO CONSTRUCTION
Largest movements
- Cash +€13,614
up €13,614 (+96.6%), from €14,091 to €27,706
mainly Net result for the year (+€22,023) and Depreciation (+€10,063)
- Receivables within one year +€13,013
up €13,013 (+63.4%), from €20,510 to €33,523
of which Trade receivables: +€7,433
- Tangible fixed assets -€4,947
down €4,947 (-50.0%), from €9,903 to €4,956
of which Plant, machinery and equipment: -€6,251
- Reserves +€21,000
up €21,000 (+143.8%), from €14,600 to €35,600
- Other debts -€5,125
down €5,125 (-27.5%), from €18,651 to €13,526
- Tax, wage and social debts +€2,684
up €2,684 (+30.0%), from €8,960 to €11,644
- Trade debts +€2,497
up €2,497 (+166.2%), from €1,502 to €3,999
- Profit (loss) carried forward +€1,023
up €1,023 (+118.0%), from €867 to €1,889
- Gross operating margin +€18,961
up €18,961 (+69.9%), from €27,120 to €46,081
- Taxes +€7,950
up €7,950 (+206.5%), from €3,850 to €11,800
- Depreciation -€5,178
down €5,178 (-34.0%), from €15,241 to €10,063
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 | €46,580 | €68,658 | +€22,078 | +47.4% |
| Fixed assets | 21/28 | €9,903 | €4,956 | -€4,947 | -50.0% |
| Tangible fixed assets | 22/27 | €9,903 | €4,956 | -€4,947 | -50.0% |
| Plant, machinery and equipment | 23 | €7,458 | €1,207 | -€6,251 | -83.8% |
| Furniture and vehicles | 24 | €2,445 | €3,749 | +€1,304 | +53.3% |
| Current assets | 29/58 | €36,677 | €63,702 | +€27,026 | +73.7% |
| Amounts receivable within one year | 40/41 | €20,510 | €33,523 | +€13,013 | +63.4% |
| Trade receivables | 40 | €19,525 | €26,958 | +€7,433 | +38.1% |
| Other amounts receivable | 41 | €985 | €6,565 | +€5,580 | +566.6% |
| Cash at bank and in hand | 54/58 | €14,091 | €27,706 | +€13,614 | +96.6% |
| Deferred charges and accrued income | 490/1 | €2,075 | €2,474 | +€399 | +19.2% |
| Total equity and liabilities | 10/49 | €46,580 | €68,658 | +€22,078 | +47.4% |
| Equity | 10/15 | €17,467 | €39,489 | +€22,023 | +126.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,600 | €35,600 | +€21,000 | +143.8% |
| Distributable reserves | 133 | €14,600 | €35,600 | +€21,000 | +143.8% |
| Profit (loss) carried forward | 14 | €867 | €1,889 | +€1,023 | +118.0% |
| Amounts payable | 17/49 | €29,113 | €29,169 | +€56 | +0.2% |
| Amounts payable within one year | 42/48 | €29,113 | €29,169 | +€56 | +0.2% |
| Trade debts | 44 | €1,502 | €3,999 | +€2,497 | +166.2% |
| Suppliers | 440/4 | €1,502 | €3,999 | +€2,497 | +166.2% |
| Taxes, remuneration and social security | 45 | €8,960 | €11,644 | +€2,684 | +30.0% |
| Taxes | 450/3 | €8,960 | €11,644 | +€2,684 | +30.0% |
| Other amounts payable | 47/48 | €18,651 | €13,526 | -€5,125 | -27.5% |
| Non-recurring operating income | 76A | - | €248 | +€248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,241 | €10,063 | -€5,178 | -34.0% |
| Other operating charges | 640/8 | €2,138 | €2,029 | -€109 | -5.1% |
| Gross operating margin | 9900 | €27,120 | €46,081 | +€18,961 | +69.9% |
| Operating profit (loss) | 9901 | €9,742 | €33,990 | +€24,248 | +248.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -97.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -97.7% |
| Financial charges | 65/66B | €67 | €167 | +€100 | +149.2% |
| Recurring financial charges | 65 | €67 | €167 | +€100 | +149.2% |
| Profit (loss) for the period before taxes | 9903 | €9,676 | €33,823 | +€24,147 | +249.6% |
| Income taxes | 67/77 | €3,850 | €11,800 | +€7,950 | +206.5% |
| Profit (loss) for the period | 9904 | €5,826 | €22,023 | +€16,197 | +278.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,826 | €22,023 | +€16,197 | +278.0% |
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 12 October 2026 via checked.be.