A.S. Reno-Construct: 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.
A.S. Reno-Construct
Largest movements
- Receivables within one year +€48,027
up €48,027 (+62.0%), from €77,498 to €125,525
of which Other amounts receivable: +€28,487
- Tangible fixed assets +€29,857
up €29,857 (+1107.2%), from €2,697 to €32,554
of which Furniture and vehicles: +€28,119
- Cash -€2,193
down €2,193 (-66.6%), from €3,295 to €1,101
mainly Receivables within one year (-€48,027) and Investment in fixed assets (net) (-€37,498)
- Profit (loss) carried forward +€33,612
up €33,612 (+99.8%), from €33,683 to €67,294
- Tax, wage and social debts +€23,900
up €23,900 (+215.6%), from €11,086 to €34,986
of which Taxes: +€21,900
- Debts after one year +€22,488
new in 2025: €22,488
- Trade debts -€7,089
down €7,089 (-35.7%), from €19,832 to €12,743
- Current portion of long-term debt +€6,636
new in 2025: €6,636
- Gross operating margin +€42,246
up €42,246 (+275.1%), from €15,357 to €57,603
- Taxes +€10,543
up €10,543 (+275.1%), from €3,832 to €14,375
- Depreciation +€5,634
up €5,634 (+280.7%), from €2,007 to €7,641
- Financial charges +€2,196
up €2,196 (+488.7%), from €449 to €2,645
- Other operating charges -€1,986
down €1,986 (-60.0%), from €3,312 to €1,325
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 | €83,490 | €159,927 | +€76,437 | +91.6% |
| Fixed assets | 21/28 | €2,697 | €32,554 | +€29,857 | +1107.2% |
| Tangible fixed assets | 22/27 | €2,697 | €32,554 | +€29,857 | +1107.2% |
| Plant, machinery and equipment | 23 | €731 | €2,469 | +€1,738 | +237.8% |
| Furniture and vehicles | 24 | €1,966 | €30,084 | +€28,119 | +1430.5% |
| Current assets | 29/58 | €80,793 | €127,373 | +€46,580 | +57.7% |
| Amounts receivable within one year | 40/41 | €77,498 | €125,525 | +€48,027 | +62.0% |
| Trade receivables | 40 | €12,176 | €31,716 | +€19,540 | +160.5% |
| Other amounts receivable | 41 | €65,323 | €93,809 | +€28,487 | +43.6% |
| Cash at bank and in hand | 54/58 | €3,295 | €1,101 | -€2,193 | -66.6% |
| Deferred charges and accrued income | 490/1 | - | €746 | +€746 | |
| Total equity and liabilities | 10/49 | €83,490 | €159,927 | +€76,437 | +91.6% |
| Equity | 10/15 | €52,572 | €83,073 | +€30,502 | +58.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,689 | €9,579 | -€3,110 | -24.5% |
| Non-distributable reserves | 130/1 | €79 | €79 | = | 0.0% |
| Reserves not available under the articles | 1311 | €79 | €79 | = | 0.0% |
| Distributable reserves | 133 | €12,610 | €9,500 | -€3,110 | -24.7% |
| Profit (loss) carried forward | 14 | €33,683 | €67,294 | +€33,612 | +99.8% |
| Amounts payable | 17/49 | €30,918 | €76,853 | +€45,935 | +148.6% |
| Amounts payable after more than one year | 17 | - | €22,488 | +€22,488 | |
| Financial debts | 170/4 | - | €22,488 | +€22,488 | |
| Amounts payable within one year | 42/48 | €30,918 | €54,365 | +€23,447 | +75.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,636 | +€6,636 | |
| Trade debts | 44 | €19,832 | €12,743 | -€7,089 | -35.7% |
| Suppliers | 440/4 | €19,832 | €12,743 | -€7,089 | -35.7% |
| Taxes, remuneration and social security | 45 | €11,086 | €34,986 | +€23,900 | +215.6% |
| Taxes | 450/3 | €11,086 | €32,986 | +€21,900 | +197.5% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,007 | €7,641 | +€5,634 | +280.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,060 | +€1,060 | |
| Other operating charges | 640/8 | €3,312 | €1,325 | -€1,986 | -60.0% |
| Non-recurring operating charges | 66A | €477 | €1,610 | +€1,133 | +237.3% |
| Gross operating margin | 9900 | €15,357 | €57,603 | +€42,246 | +275.1% |
| Operating profit (loss) | 9901 | €9,561 | €45,966 | +€36,405 | +380.8% |
| Financial income | 75/76B | €2,789 | €4,665 | +€1,876 | +67.3% |
| Recurring financial income | 75 | €2,789 | €4,665 | +€1,876 | +67.3% |
| Financial charges | 65/66B | €449 | €2,645 | +€2,196 | +488.7% |
| Recurring financial charges | 65 | €449 | €2,645 | +€2,196 | +488.7% |
| Profit (loss) for the period before taxes | 9903 | €11,901 | €47,986 | +€36,086 | +303.2% |
| Income taxes | 67/77 | €3,832 | €14,375 | +€10,543 | +275.1% |
| Profit (loss) for the period | 9904 | €8,069 | €33,612 | +€25,543 | +316.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,069 | €33,612 | +€25,543 | +316.6% |
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 10 October 2026 via checked.be.