RRH CONSULT: 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.
RRH CONSULT
Largest movements
- Cash +€77,210
up €77,210 (+50.7%), from €152,420 to €229,631
mainly Other debts (+€99,226) and Net result for the year (+€85,690)
- Tangible fixed assets -€58,952
down €58,952 (-18.1%), from €325,989 to €267,038
of which Land and buildings: -€59,013
- Deferred charges and accrued income +€21,620
up €21,620 (+18.3%), from €118,121 to €139,741
- Receivables within one year +€17,460
up €17,460 (+45.3%), from €38,539 to €55,999
of which Trade receivables: +€36,213
- Intangible fixed assets -€14,023
no longer reported in 2025 (was €14,023)
- Other debts +€99,226
up €99,226 (+132%), from €75,030 to €174,256
- Reserves -€51,840
down €51,840 (-10.3%), from €504,408 to €452,568
- Debts after one year -€14,914
down €14,914 (-84.9%), from €17,559 to €2,645
of which Financial debts: -€12,269
- Trade debts +€9,147
up €9,147 (+74.9%), from €12,218 to €21,365
- Gross operating margin -€19,387
down €19,387 (-8.8%), from €221,154 to €201,767
- Depreciation -€12,860
down €12,860 (-14.3%), from €89,774 to €76,915
- Taxes -€2,447
down €2,447 (-6.5%), from €37,537 to €35,090
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 | €649,093 | €692,408 | +€43,316 | +6.7% |
| Fixed assets | 21/28 | €340,012 | €267,038 | -€72,975 | -21.5% |
| Intangible fixed assets | 21 | €14,023 | - | -€14,023 | |
| Tangible fixed assets | 22/27 | €325,989 | €267,038 | -€58,952 | -18.1% |
| Land and buildings | 22 | €316,322 | €257,309 | -€59,013 | -18.7% |
| Furniture and vehicles | 24 | €9,264 | €7,243 | -€2,021 | -21.8% |
| Other tangible fixed assets | 26 | €403 | €2,486 | +€2,083 | +517% |
| Current assets | 29/58 | €309,080 | €425,371 | +€116,290 | +37.6% |
| Amounts receivable within one year | 40/41 | €38,539 | €55,999 | +€17,460 | +45.3% |
| Trade receivables | 40 | €4,737 | €40,951 | +€36,213 | +764% |
| Other amounts receivable | 41 | €33,802 | €15,048 | -€18,753 | -55.5% |
| Cash at bank and in hand | 54/58 | €152,420 | €229,631 | +€77,210 | +50.7% |
| Deferred charges and accrued income | 490/1 | €118,121 | €139,741 | +€21,620 | +18.3% |
| Total equity and liabilities | 10/49 | €649,093 | €692,408 | +€43,316 | +6.7% |
| Equity | 10/15 | €504,434 | €452,599 | -€51,835 | -10.3% |
| Reserves | 13 | €504,408 | €452,568 | -€51,840 | -10.3% |
| Distributable reserves | 133 | €504,408 | €452,568 | -€51,840 | -10.3% |
| Profit (loss) carried forward | 14 | €26 | €31 | +€5 | +18.2% |
| Amounts payable | 17/49 | €144,659 | €239,810 | +€95,151 | +65.8% |
| Amounts payable after more than one year | 17 | €17,559 | €2,645 | -€14,914 | -84.9% |
| Financial debts | 170/4 | €14,914 | €2,645 | -€12,269 | -82.3% |
| Other amounts payable | 178/9 | €2,645 | - | -€2,645 | |
| Amounts payable within one year | 42/48 | €126,259 | €235,085 | +€108,826 | +86.2% |
| Current portion of amounts payable after more than one year | 42 | €14,700 | €16,148 | +€1,448 | +9.9% |
| Trade debts | 44 | €12,218 | €21,365 | +€9,147 | +74.9% |
| Suppliers | 440/4 | €12,218 | €21,365 | +€9,147 | +74.9% |
| Taxes, remuneration and social security | 45 | €24,312 | €23,316 | -€996 | -4.1% |
| Taxes | 450/3 | €17,627 | €16,631 | -€996 | -5.6% |
| Remuneration and social security | 454/9 | €6,685 | €6,685 | = | 0.0% |
| Other amounts payable | 47/48 | €75,030 | €174,256 | +€99,226 | +132% |
| Accrued charges and deferred income | 492/3 | €840 | €2,080 | +€1,240 | +148% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,774 | €76,915 | -€12,860 | -14.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €221,154 | €201,767 | -€19,387 | -8.8% |
| Operating profit (loss) | 9901 | €130,993 | €124,452 | -€6,540 | -5.0% |
| Financial income | 75/76B | €2,180 | €461 | -€1,719 | -78.9% |
| Recurring financial income | 75 | €2,180 | €461 | -€1,719 | -78.9% |
| Financial charges | 65/66B | €3,016 | €4,134 | +€1,117 | +37.0% |
| Recurring financial charges | 65 | €3,016 | €4,134 | +€1,117 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €130,156 | €120,780 | -€9,377 | -7.2% |
| Income taxes | 67/77 | €37,537 | €35,090 | -€2,447 | -6.5% |
| Profit (loss) for the period | 9904 | €92,619 | €85,690 | -€6,929 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €92,619 | €85,690 | -€6,929 | -7.5% |
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 23 October 2026 via checked.be.