RnH: 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.
RnH
Largest movements
- Cash -€8,346
down €8,346 (-82.5%), from €10,119 to €1,773
mainly Other debts (-€68,253) and Tax, wage and social debts (-€568)
- Tangible fixed assets -€1,615
down €1,615 (-23.2%), from €6,964 to €5,349
of which Furniture and vehicles: -€845
- Other debts -€68,253
down €68,253 (-5.9%), from €1.2m to €1.1m
- Profit (loss) carried forward +€52,513
up €52,513 (+0.1%), from -€47.5m to -€47.5m
- Trade debts +€6,347
up €6,347 (+1858.2%), from €342 to €6,688
- Tax, wage and social debts -€568
down €568 (-7.1%), from €8,015 to €7,447
- Gross operating margin +€6,830
up €6,830 (+14.1%), from €48,420 to €55,250
- Depreciation -€3,174
down €3,174 (-66.3%), from €4,789 to €1,615
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 | €27,083 | €17,121 | -€9,962 | -36.8% |
| Fixed assets | 21/28 | €6,964 | €5,349 | -€1,615 | -23.2% |
| Tangible fixed assets | 22/27 | €6,964 | €5,349 | -€1,615 | -23.2% |
| Plant, machinery and equipment | 23 | €5,070 | €4,300 | -€770 | -15.2% |
| Furniture and vehicles | 24 | €1,894 | €1,049 | -€845 | -44.6% |
| Current assets | 29/58 | €20,119 | €11,773 | -€8,346 | -41.5% |
| Amounts receivable within one year | 40/41 | €10,000 | €10,000 | = | 0.0% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,119 | €1,773 | -€8,346 | -82.5% |
| Total equity and liabilities | 10/49 | €27,083 | €17,121 | -€9,962 | -36.8% |
| Equity | 10/15 | -€1,141,609 | -€1,089,096 | +€52,513 | +4.6% |
| Contributions | 10/11 | €19,831,482 | €19,831,482 | = | 0.0% |
| Capital | 10 | €19,831,482 | €19,831,482 | = | 0.0% |
| Issued capital | 100 | €19,831,482 | €19,831,482 | = | 0.0% |
| Reserves | 13 | €26,546,998 | €26,546,998 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983,148 | €1,983,148 | = | 0.0% |
| Legal reserve | 130 | €1,983,148 | €1,983,148 | = | 0.0% |
| Distributable reserves | 133 | €24,563,850 | €24,563,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,520,089 | -€47,467,576 | +€52,513 | +0.1% |
| Amounts payable | 17/49 | €1,168,692 | €1,106,218 | -€62,474 | -5.3% |
| Amounts payable within one year | 42/48 | €1,168,692 | €1,106,218 | -€62,474 | -5.3% |
| Trade debts | 44 | €342 | €6,688 | +€6,347 | +1858.2% |
| Suppliers | 440/4 | €342 | €6,688 | +€6,347 | +1858.2% |
| Taxes, remuneration and social security | 45 | €8,015 | €7,447 | -€568 | -7.1% |
| Taxes | 450/3 | €8,015 | €7,447 | -€568 | -7.1% |
| Other amounts payable | 47/48 | €1,160,336 | €1,092,082 | -€68,253 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,789 | €1,615 | -€3,174 | -66.3% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €48,420 | €55,250 | +€6,830 | +14.1% |
| Operating profit (loss) | 9901 | €43,061 | €53,050 | +€9,988 | +23.2% |
| Financial income | 75/76B | €294 | €0 | -€294 | -100.0% |
| Recurring financial income | 75 | €294 | €0 | -€294 | -100.0% |
| Financial charges | 65/66B | €623 | €537 | -€86 | -13.9% |
| Recurring financial charges | 65 | €623 | €537 | -€86 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €42,732 | €52,513 | +€9,780 | +22.9% |
| Profit (loss) for the period | 9904 | €42,732 | €52,513 | +€9,780 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,732 | €52,513 | +€9,780 | +22.9% |
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 10 October 2026 via checked.be.