DA RENATA: 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.
DA RENATA
Largest movements
- Cash +€31,568
up €31,568 (+45.7%), from €69,005 to €100,574
mainly Net result for the year (+€35,116) and Depreciation (+€2,186)
- Tangible fixed assets -€2,186
down €2,186 (-24.4%), from €8,957 to €6,771
of which Plant, machinery and equipment: -€1,332
- Reserves +€35,116
up €35,116 (+52.1%), from €67,350 to €102,466
- Trade debts -€8,150
down €8,150 (-62.6%), from €13,021 to €4,871
- Gross operating margin +€23,480
up €23,480 (+15.4%), from €152,360 to €175,840
- Staff costs +€10,605
up €10,605 (+9.7%), from €109,666 to €120,271
- Taxes +€6,677
up €6,677 (+73.7%), from €9,061 to €15,737
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.
Derived cash bridge
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 | €105,913 | €132,939 | +€27,026 | +25.5% |
| Fixed assets | 21/28 | €8,957 | €6,771 | -€2,186 | -24.4% |
| Tangible fixed assets | 22/27 | €8,957 | €6,771 | -€2,186 | -24.4% |
| Land and buildings | 22 | €3,164 | €2,637 | -€527 | -16.7% |
| Plant, machinery and equipment | 23 | €4,340 | €3,007 | -€1,332 | -30.7% |
| Furniture and vehicles | 24 | €1,452 | €1,126 | -€326 | -22.5% |
| Current assets | 29/58 | €96,956 | €126,168 | +€29,212 | +30.1% |
| Amounts receivable within one year | 40/41 | €23,190 | €21,938 | -€1,252 | -5.4% |
| Trade receivables | 40 | €354 | €2,630 | +€2,276 | +643% |
| Other amounts receivable | 41 | €22,837 | €19,308 | -€3,528 | -15.4% |
| Cash at bank and in hand | 54/58 | €69,005 | €100,574 | +€31,568 | +45.7% |
| Deferred charges and accrued income | 490/1 | €4,761 | €3,657 | -€1,104 | -23.2% |
| Total equity and liabilities | 10/49 | €105,913 | €132,939 | +€27,026 | +25.5% |
| Equity | 10/15 | €70,350 | €105,466 | +€35,116 | +49.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €67,350 | €102,466 | +€35,116 | +52.1% |
| Distributable reserves | 133 | €67,350 | €102,466 | +€35,116 | +52.1% |
| Amounts payable | 17/49 | €35,563 | €27,473 | -€8,090 | -22.7% |
| Amounts payable within one year | 42/48 | €35,563 | €27,473 | -€8,090 | -22.7% |
| Trade debts | 44 | €13,021 | €4,871 | -€8,150 | -62.6% |
| Suppliers | 440/4 | €13,021 | €4,871 | -€8,150 | -62.6% |
| Taxes, remuneration and social security | 45 | €21,961 | €22,603 | +€641 | +2.9% |
| Taxes | 450/3 | €8,796 | €12,570 | +€3,774 | +42.9% |
| Remuneration and social security | 454/9 | €13,166 | €10,033 | -€3,133 | -23.8% |
| Other amounts payable | 47/48 | €581 | - | -€581 | |
| Remuneration, social security and pensions | 62 | €109,666 | €120,271 | +€10,605 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,257 | €2,186 | -€71 | -3.1% |
| Other operating charges | 640/8 | €4,264 | €3,089 | -€1,175 | -27.6% |
| Gross operating margin | 9900 | €152,360 | €175,840 | +€23,480 | +15.4% |
| Operating profit (loss) | 9901 | €36,173 | €50,294 | +€14,121 | +39.0% |
| Financial income | 75/76B | €1,211 | €1,147 | -€64 | -5.3% |
| Recurring financial income | 75 | €1,211 | €1,147 | -€64 | -5.3% |
| Financial charges | 65/66B | €295 | €588 | +€293 | +99.0% |
| Recurring financial charges | 65 | €295 | €588 | +€293 | +99.0% |
| Profit (loss) for the period before taxes | 9903 | €37,088 | €50,853 | +€13,765 | +37.1% |
| Income taxes | 67/77 | €9,061 | €15,737 | +€6,677 | +73.7% |
| Profit (loss) for the period | 9904 | €28,028 | €35,116 | +€7,088 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,028 | €35,116 | +€7,088 | +25.3% |
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 15 October 2026 via checked.be.