RITHO: what changed
Two fiscal 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.
RITHO
Largest movements
- Tangible fixed assets -€11,863
down €11,863 (-27.8%), from €42,653 to €30,790
of which Furniture and vehicles: -€11,750
- Receivables within one year +€3,574
up €3,574 (+3.3%), from €107,617 to €111,192
of which Trade receivables: +€4,930
- Trade debts -€7,855
down €7,855 (-24.6%), from €31,887 to €24,032
- Debts after one year -€7,486
down €7,486 (-37.8%), from €19,806 to €12,320
- Other debts +€1,745
up €1,745 (+1.6%), from €109,951 to €111,696
- Accrued charges and deferred income +€1,680
new in 2024: €1,680
- Staff costs +€10,032
new in 2024: €10,032
- Gross operating margin +€8,632
up €8,632 (+52.6%), from €16,417 to €25,048
- Financial charges -€756
down €756 (-28.6%), from €2,647 to €1,891
- Financial income +€359
up €359 (+64112.5%), from €1 to €360
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,625 | €157,453 | -€10,172 | -6.1% |
| Fixed assets | 21/28 | €43,103 | €31,240 | -€11,863 | -27.5% |
| Tangible fixed assets | 22/27 | €42,653 | €30,790 | -€11,863 | -27.8% |
| Plant, machinery and equipment | 23 | €340 | €227 | -€113 | -33.3% |
| Furniture and vehicles | 24 | €42,313 | €30,564 | -€11,750 | -27.8% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €124,522 | €126,213 | +€1,691 | +1.4% |
| Stocks and contracts in progress | 3 | €11,555 | €10,518 | -€1,037 | -9.0% |
| Stocks | 30/36 | €11,555 | €10,518 | -€1,037 | -9.0% |
| Amounts receivable within one year | 40/41 | €107,617 | €111,192 | +€3,574 | +3.3% |
| Trade receivables | 40 | €92,893 | €97,822 | +€4,930 | +5.3% |
| Other amounts receivable | 41 | €14,725 | €13,369 | -€1,355 | -9.2% |
| Cash at bank and in hand | 54/58 | €2,771 | €1,700 | -€1,071 | -38.7% |
| Deferred charges and accrued income | 490/1 | €2,578 | €2,803 | +€225 | +8.7% |
| Total equity and liabilities | 10/49 | €167,625 | €157,453 | -€10,172 | -6.1% |
| Equity | 10/15 | -€6,033 | -€5,457 | +€577 | +9.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,485 | -€25,908 | +€577 | +2.2% |
| Amounts payable | 17/49 | €173,658 | €162,910 | -€10,748 | -6.2% |
| Amounts payable after more than one year | 17 | €19,806 | €12,320 | -€7,486 | -37.8% |
| Financial debts | 170/4 | €19,806 | €12,320 | -€7,486 | -37.8% |
| Amounts payable within one year | 42/48 | €153,853 | €148,910 | -€4,942 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €7,266 | €7,486 | +€220 | +3.0% |
| Financial debts | 43 | €4,749 | €4,297 | -€452 | -9.5% |
| Credit institutions | 430/8 | €4,749 | €4,297 | -€452 | -9.5% |
| Trade debts | 44 | €31,887 | €24,032 | -€7,855 | -24.6% |
| Suppliers | 440/4 | €31,887 | €24,032 | -€7,855 | -24.6% |
| Taxes, remuneration and social security | 45 | - | €1,398 | +€1,398 | |
| Taxes | 450/3 | - | €95 | +€95 | |
| Remuneration and social security | 454/9 | - | €1,303 | +€1,303 | |
| Other amounts payable | 47/48 | €109,951 | €111,696 | +€1,745 | +1.6% |
| Accrued charges and deferred income | 492/3 | - | €1,680 | +€1,680 | |
| Remuneration, social security and pensions | 62 | - | €10,032 | +€10,032 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,863 | €11,863 | = | 0.0% |
| Other operating charges | 640/8 | €357 | €284 | -€73 | -20.3% |
| Gross operating margin | 9900 | €16,417 | €25,048 | +€8,632 | +52.6% |
| Operating profit (loss) | 9901 | €4,197 | €2,870 | -€1,327 | -31.6% |
| Financial income | 75/76B | €1 | €360 | +€359 | +64112.5% |
| Recurring financial income | 75 | €1 | €360 | +€359 | +64112.5% |
| Financial charges | 65/66B | €2,647 | €1,891 | -€756 | -28.6% |
| Recurring financial charges | 65 | €2,647 | €1,891 | -€756 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €1,551 | €1,339 | -€212 | -13.7% |
| Income taxes | 67/77 | €800 | €762 | -€38 | -4.7% |
| Profit (loss) for the period | 9904 | €751 | €577 | -€174 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €751 | €577 | -€174 | -23.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.