RnH: what changed
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 (+1,858%), 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
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it 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 | +1,858% |
| Suppliers | 440/4 | €342 | €6,688 | +€6,347 | +1,858% |
| 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% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.