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Rytm: 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.

What changed

Rytm

BE 0778.712.040
NACE 46.423, Wholesale of clothing, excluding workwear and underwear
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€73,774
2024 · -€8,075-€65,698
Equity
-€34,580
2024 · €39,194-€73,774
Cash
€2,923
2024 · €6,028-€3,105
Balance sheet total
€29,441
2024 · €51,073-€21,631

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€19,643

    down €19,643 (-99.4%), from €19,771 to €128

    of which Trade receivables: -€14,876

  • Cash -€3,105

    down €3,105 (-51.5%), from €6,028 to €2,923

    mainly Net result for the year (-€73,774) and Investment in fixed assets (net) (-€10,000)

  • Intangible fixed assets +€1,116

    up €1,116 (+4.4%), from €25,274 to €26,390

Equity and liabilities
  • Trade debts +€52,264

    up €52,264 (+452.6%), from €11,546 to €63,810

  • Profit (loss) carried forward -€38,580

    new in 2025: -€38,580

  • Reserves -€35,194

    no longer reported in 2025 (was €35,194)

Income statement
  • Gross operating margin -€62,804

    down €62,804 (-4171.0%), from -€1,506 to -€64,310

  • Depreciation +€2,470

    up €2,470 (+38.5%), from €6,414 to €8,884

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€8,075
Gross operating margin -€62,804
Depreciation -€2,470
Other operating charges -€389
Financial income -€9
Financial charges -€32
Taxes +€5
Result 2025 -€73,774

Cash bridge derived

cash 2024 to 2025

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.

From operations +€6,895
Investment -€10,000
Financing €0
Cash 2024 €6,028
Net result for the year -€73,774
Depreciation +€8,884
Receivables within one year +€19,643
Trade debts +€52,264
Other debts -€121
Investment in fixed assets (net) -€10,000
Cash 2025 €2,923
Every line side by side 31 lines
Line Code 2024 2025 Change %
Total assets 20/58 €51,073 €29,441 -€21,631 -42.4%
Fixed assets 21/28 €25,274 €26,390 +€1,116 +4.4%
Intangible fixed assets 21 €25,274 €26,390 +€1,116 +4.4%
Current assets 29/58 €25,798 €3,051 -€22,747 -88.2%
Amounts receivable within one year 40/41 €19,771 €128 -€19,643 -99.4%
Trade receivables 40 €14,876 - -€14,876
Other amounts receivable 41 €4,895 €128 -€4,767 -97.4%
Cash at bank and in hand 54/58 €6,028 €2,923 -€3,105 -51.5%
Total equity and liabilities 10/49 €51,073 €29,441 -€21,631 -42.4%
Equity 10/15 €39,194 -€34,580 -€73,774
Contributions 10/11 €4,000 €4,000 = 0.0%
Reserves 13 €35,194 - -€35,194
Distributable reserves 133 €35,194 - -€35,194
Profit (loss) carried forward 14 - -€38,580 -€38,580
Amounts payable 17/49 €11,878 €64,021 +€52,142 +439.0%
Amounts payable within one year 42/48 €11,878 €64,021 +€52,142 +439.0%
Trade debts 44 €11,546 €63,810 +€52,264 +452.6%
Suppliers 440/4 €11,546 €63,810 +€52,264 +452.6%
Other amounts payable 47/48 €332 €211 -€121 -36.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,414 €8,884 +€2,470 +38.5%
Other operating charges 640/8 €118 €507 +€389 +329.9%
Gross operating margin 9900 -€1,506 -€64,310 -€62,804 -4171.0%
Operating profit (loss) 9901 -€8,038 -€73,701 -€65,663 -816.9%
Financial income 75/76B €9 - -€9
Recurring financial income 75 €9 - -€9
Financial charges 65/66B €41 €73 +€32 +77.4%
Recurring financial charges 65 €41 €73 +€32 +77.4%
Profit (loss) for the period before taxes 9903 -€8,070 -€73,774 -€65,704 -814.2%
Income taxes 67/77 €5 - -€5
Profit (loss) for the period 9904 -€8,075 -€73,774 -€65,698 -813.6%
Profit (loss) for the period to be appropriated 9905 -€8,075 -€73,774 -€65,698 -813.6%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.