DP RENO: 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.
DP RENO
Largest movements
- Stocks and contracts +€19,482
up €19,482 (+104%), from €18,721 to €38,203
- Receivables within one year +€18,484
up €18,484 (+67.4%), from €27,440 to €45,924
of which Trade receivables: +€12,050
- Tangible fixed assets -€8,880
down €8,880 (-29.0%), from €30,597 to €21,717
of which Plant, machinery and equipment: -€5,326
- Cash -€5,687
down €5,687 (-100.0%), from €5,688 to €1
mainly Stocks and contracts (-€19,482) and Receivables within one year (-€18,484)
- Trade debts +€23,228
up €23,228 (+151%), from €15,340 to €38,567
- Advances received +€3,500
new in 2025: €3,500
- Other debts -€3,437
down €3,437 (-21.5%), from €16,020 to €12,583
- Tax, wage and social debts -€1,138
down €1,138 (-39.7%), from €2,867 to €1,729
- Profit (loss) carried forward +€1,118
up €1,118 (+2.8%), from €39,679 to €40,797
- Gross operating margin -€2,623
down €2,623 (-14.1%), from €18,604 to €15,981
- Other operating charges -€1,988
down €1,988 (-62.8%), from €3,163 to €1,176
- Taxes +€1,840
up €1,840, from -€889 to €950
- Depreciation +€1,070
up €1,070 (+9.5%), from €11,265 to €12,335
- Financial charges -€1,017
down €1,017 (-68.9%), from €1,477 to €460
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 | €83,906 | €107,177 | +€23,271 | +27.7% |
| Fixed assets | 21/28 | €30,597 | €21,717 | -€8,880 | -29.0% |
| Tangible fixed assets | 22/27 | €30,597 | €21,717 | -€8,880 | -29.0% |
| Plant, machinery and equipment | 23 | €19,920 | €14,594 | -€5,326 | -26.7% |
| Furniture and vehicles | 24 | €10,677 | €7,124 | -€3,553 | -33.3% |
| Current assets | 29/58 | €53,309 | €85,460 | +€32,151 | +60.3% |
| Stocks and contracts in progress | 3 | €18,721 | €38,203 | +€19,482 | +104% |
| Stocks | 30/36 | €18,721 | €38,203 | +€19,482 | +104% |
| Amounts receivable within one year | 40/41 | €27,440 | €45,924 | +€18,484 | +67.4% |
| Trade receivables | 40 | €25,375 | €37,425 | +€12,050 | +47.5% |
| Other amounts receivable | 41 | €2,065 | €8,499 | +€6,434 | +312% |
| Cash at bank and in hand | 54/58 | €5,688 | €1 | -€5,687 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,460 | €1,332 | -€129 | -8.8% |
| Total equity and liabilities | 10/49 | €83,906 | €107,177 | +€23,271 | +27.7% |
| Equity | 10/15 | €49,679 | €50,797 | +€1,118 | +2.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,679 | €40,797 | +€1,118 | +2.8% |
| Amounts payable | 17/49 | €34,227 | €56,380 | +€22,153 | +64.7% |
| Amounts payable within one year | 42/48 | €34,227 | €56,380 | +€22,153 | +64.7% |
| Trade debts | 44 | €15,340 | €38,567 | +€23,228 | +151% |
| Suppliers | 440/4 | €15,340 | €38,567 | +€23,228 | +151% |
| Advances received on contracts in progress | 46 | - | €3,500 | +€3,500 | |
| Taxes, remuneration and social security | 45 | €2,867 | €1,729 | -€1,138 | -39.7% |
| Taxes | 450/3 | €2,867 | €1,729 | -€1,138 | -39.7% |
| Other amounts payable | 47/48 | €16,020 | €12,583 | -€3,437 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,265 | €12,335 | +€1,070 | +9.5% |
| Other operating charges | 640/8 | €3,163 | €1,176 | -€1,988 | -62.8% |
| Gross operating margin | 9900 | €18,604 | €15,981 | -€2,623 | -14.1% |
| Operating profit (loss) | 9901 | €4,176 | €2,471 | -€1,705 | -40.8% |
| Financial income | 75/76B | €127 | €57 | -€69 | -54.8% |
| Recurring financial income | 75 | €127 | €57 | -€69 | -54.8% |
| Financial charges | 65/66B | €1,477 | €460 | -€1,017 | -68.9% |
| Recurring financial charges | 65 | €1,477 | €460 | -€1,017 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €2,826 | €2,069 | -€757 | -26.8% |
| Income taxes | 67/77 | -€889 | €950 | +€1,840 | |
| Profit (loss) for the period | 9904 | €3,715 | €1,118 | -€2,597 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,715 | €1,118 | -€2,597 | -69.9% |
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 18 October 2026 via checked.be.