Rytmus: 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.
Rytmus
Largest movements
- Cash +€31,652
up €31,652 (+38.8%), from €81,494 to €113,146
mainly Net result for the year (+€22,305) and Other debts (+€9,565)
- Receivables within one year -€3,908
down €3,908 (-29.7%), from €13,169 to €9,261
of which Trade receivables: -€3,909
- Tangible fixed assets +€1,526
up €1,526 (+8.3%), from €18,344 to €19,870
of which Plant, machinery and equipment: +€2,483
- Reserves +€18,305
up €18,305 (+26.6%), from €68,777 to €87,082
- Other debts +€9,565
up €9,565 (+50.0%), from €19,122 to €28,687
- Trade debts +€6,109
up €6,109 (+907.8%), from €673 to €6,782
- Tax, wage and social debts -€2,779
down €2,779 (-48.0%), from €5,793 to €3,014
- Gross operating margin +€10,282
up €10,282 (+45.9%), from €22,425 to €32,707
- Depreciation -€3,558
down €3,558 (-39.2%), from €9,067 to €5,508
- Taxes -€3,451
down €3,451 (-42.0%), from €8,211 to €4,760
- Financial charges -€531
down €531 (-91.0%), from €584 to €53
- Financial income +€495
up €495 (+900.3%), from €55 to €550
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 | €113,360 | €143,065 | +€29,706 | +26.2% |
| Fixed assets | 21/28 | €18,559 | €20,085 | +€1,526 | +8.2% |
| Tangible fixed assets | 22/27 | €18,344 | €19,870 | +€1,526 | +8.3% |
| Plant, machinery and equipment | 23 | €12,918 | €15,401 | +€2,483 | +19.2% |
| Furniture and vehicles | 24 | €3,604 | €2,848 | -€756 | -21.0% |
| Other tangible fixed assets | 26 | €1,822 | €1,621 | -€201 | -11.0% |
| Financial fixed assets | 28 | €215 | €215 | = | 0.0% |
| Current assets | 29/58 | €94,801 | €122,980 | +€28,180 | +29.7% |
| Amounts receivable within one year | 40/41 | €13,169 | €9,261 | -€3,908 | -29.7% |
| Trade receivables | 40 | €13,169 | €9,260 | -€3,909 | -29.7% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €81,494 | €113,146 | +€31,652 | +38.8% |
| Deferred charges and accrued income | 490/1 | €137 | €574 | +€436 | +317.5% |
| Total equity and liabilities | 10/49 | €113,360 | €143,065 | +€29,706 | +26.2% |
| Equity | 10/15 | €83,037 | €101,342 | +€18,305 | +22.0% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €68,777 | €87,082 | +€18,305 | +26.6% |
| Distributable reserves | 133 | €68,777 | €87,082 | +€18,305 | +26.6% |
| Amounts payable | 17/49 | €30,322 | €41,723 | +€11,401 | +37.6% |
| Amounts payable within one year | 42/48 | €26,956 | €38,482 | +€11,527 | +42.8% |
| Current portion of amounts payable after more than one year | 42 | €1,368 | - | -€1,368 | |
| Trade debts | 44 | €673 | €6,782 | +€6,109 | +907.8% |
| Suppliers | 440/4 | €673 | €6,782 | +€6,109 | +907.8% |
| Taxes, remuneration and social security | 45 | €5,793 | €3,014 | -€2,779 | -48.0% |
| Taxes | 450/3 | €5,793 | €3,014 | -€2,779 | -48.0% |
| Other amounts payable | 47/48 | €19,122 | €28,687 | +€9,565 | +50.0% |
| Accrued charges and deferred income | 492/3 | €3,367 | €3,241 | -€126 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,067 | €5,508 | -€3,558 | -39.2% |
| Other operating charges | 640/8 | €238 | €631 | +€393 | +165.0% |
| Gross operating margin | 9900 | €22,425 | €32,707 | +€10,282 | +45.9% |
| Operating profit (loss) | 9901 | €13,120 | €26,567 | +€13,447 | +102.5% |
| Financial income | 75/76B | €55 | €550 | +€495 | +900.3% |
| Recurring financial income | 75 | €55 | €550 | +€495 | +900.3% |
| Financial charges | 65/66B | €584 | €53 | -€531 | -91.0% |
| Recurring financial charges | 65 | €584 | €53 | -€531 | -91.0% |
| Profit (loss) for the period before taxes | 9903 | €12,591 | €27,065 | +€14,474 | +114.9% |
| Income taxes | 67/77 | €8,211 | €4,760 | -€3,451 | -42.0% |
| Profit (loss) for the period | 9904 | €4,380 | €22,305 | +€17,924 | +409.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,380 | €22,305 | +€17,924 | +409.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.