A.M. RENO: what changed
A.M. RENO
Largest movements
- Cash -€43,617
down €43,617 (-100.0%), from €43,631 to €15
mainly Net result for the year (-€35,469) and Tax, wage and social debts (-€6,218)
- Receivables within one year +€3,231
up €3,231 (+45.4%), from €7,110 to €10,342
of which Other amounts receivable: +€5,613
- Deferred charges and accrued income -€1,353
no longer reported in 2025 (was €1,353)
- Stocks and contracts -€1,000
no longer reported in 2025 (was €1,000)
- Profit (loss) carried forward -€35,469
down €35,469, from €24,953 to -€10,516
- Tax, wage and social debts -€6,218
no longer reported in 2025 (was €6,218)
of which Taxes: -€4,218
- Trade debts -€802
down €802 (-66.1%), from €1,213 to €412
- Gross operating margin -€38,942
down €38,942, from €6,364 to -€32,579
- Other operating charges +€1,899
up €1,899 (+358%), from €530 to €2,429
- Taxes -€1,138
no longer reported in 2025 (was €1,138)
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 | €53,094 | €10,356 | -€42,738 | -80.5% |
| Current assets | 29/58 | €53,094 | €10,356 | -€42,738 | -80.5% |
| Stocks and contracts in progress | 3 | €1,000 | - | -€1,000 | |
| Stocks | 30/36 | €1,000 | - | -€1,000 | |
| Amounts receivable within one year | 40/41 | €7,110 | €10,342 | +€3,231 | +45.4% |
| Trade receivables | 40 | €2,382 | - | -€2,382 | |
| Other amounts receivable | 41 | €4,729 | €10,342 | +€5,613 | +119% |
| Cash at bank and in hand | 54/58 | €43,631 | €15 | -€43,617 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,353 | - | -€1,353 | |
| Total equity and liabilities | 10/49 | €53,094 | €10,356 | -€42,738 | -80.5% |
| Equity | 10/15 | €45,413 | €9,944 | -€35,469 | -78.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,953 | -€10,516 | -€35,469 | |
| Amounts payable | 17/49 | €7,681 | €412 | -€7,269 | -94.6% |
| Amounts payable within one year | 42/48 | €7,431 | €412 | -€7,019 | -94.5% |
| Trade debts | 44 | €1,213 | €412 | -€802 | -66.1% |
| Suppliers | 440/4 | €1,213 | €412 | -€802 | -66.1% |
| Taxes, remuneration and social security | 45 | €6,218 | - | -€6,218 | |
| Taxes | 450/3 | €4,218 | - | -€4,218 | |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Other operating charges | 640/8 | €530 | €2,429 | +€1,899 | +358% |
| Gross operating margin | 9900 | €6,364 | -€32,579 | -€38,942 | |
| Operating profit (loss) | 9901 | €5,833 | -€35,008 | -€40,841 | |
| Financial income | 75/76B | €69 | €66 | -€3 | -4.3% |
| Recurring financial income | 75 | €69 | €66 | -€3 | -4.3% |
| Financial charges | 65/66B | €373 | €527 | +€154 | +41.4% |
| Recurring financial charges | 65 | €373 | €527 | +€154 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €5,530 | -€35,469 | -€40,998 | |
| Income taxes | 67/77 | €1,138 | - | -€1,138 | |
| Profit (loss) for the period | 9904 | €4,391 | -€35,469 | -€39,860 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,391 | -€35,469 | -€39,860 |
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 6 November 2026 via checked.be.