DR RENOIRTE: 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.
DR RENOIRTE
Largest movements
- Cash +€139,826
up €139,826 (+43.7%), from €319,866 to €459,691
mainly Net result for the year (+€82,474) and Current investments (+€63,000)
- Current investments -€63,000
down €63,000 (-90.0%), from €70,000 to €7,000
- Tangible fixed assets -€16,594
down €16,594 (-75.3%), from €22,052 to €5,457
of which Furniture and vehicles: -€14,515
- Receivables within one year -€8,612
down €8,612 (-17.4%), from €49,507 to €40,895
of which Trade receivables: -€5,260
- Reserves +€66,455
up €66,455 (+21.9%), from €304,050 to €370,505
- Trade debts -€7,513
down €7,513 (-100%), from €7,513 to €0
- Tax, wage and social debts -€6,274
down €6,274 (-43.2%), from €14,520 to €8,246
- Gross operating margin +€22,263
up €22,263 (+20.1%), from €110,865 to €133,128
- Taxes +€6,881
up €6,881 (+26.5%), from €25,943 to €32,825
- Depreciation +€3,300
up €3,300 (+21.1%), from €15,672 to €18,972
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 | €463,891 | €515,356 | +€51,465 | +11.1% |
| Fixed assets | 21/28 | €23,324 | €6,729 | -€16,594 | -71.1% |
| Tangible fixed assets | 22/27 | €22,052 | €5,457 | -€16,594 | -75.3% |
| Land and buildings | 22 | €4,565 | €2,761 | -€1,804 | -39.5% |
| Plant, machinery and equipment | 23 | €616 | €340 | -€275 | -44.7% |
| Furniture and vehicles | 24 | €16,871 | €2,356 | -€14,515 | -86.0% |
| Financial fixed assets | 28 | €1,272 | €1,272 | = | 0.0% |
| Current assets | 29/58 | €440,568 | €508,627 | +€68,059 | +15.4% |
| Amounts receivable within one year | 40/41 | €49,507 | €40,895 | -€8,612 | -17.4% |
| Trade receivables | 40 | €40,184 | €34,925 | -€5,260 | -13.1% |
| Other amounts receivable | 41 | €9,323 | €5,971 | -€3,352 | -36.0% |
| Current investments | 50/53 | €70,000 | €7,000 | -€63,000 | -90.0% |
| Cash at bank and in hand | 54/58 | €319,866 | €459,691 | +€139,826 | +43.7% |
| Deferred charges and accrued income | 490/1 | €1,195 | €1,041 | -€154 | -12.9% |
| Total equity and liabilities | 10/49 | €463,891 | €515,356 | +€51,465 | +11.1% |
| Equity | 10/15 | €420,124 | €486,598 | +€66,474 | +15.8% |
| Contributions | 10/11 | €112,200 | €112,200 | = | 0.0% |
| Reserves | 13 | €304,050 | €370,505 | +€66,455 | +21.9% |
| Distributable reserves | 133 | €304,050 | €370,505 | +€66,455 | +21.9% |
| Profit (loss) carried forward | 14 | €3,874 | €3,893 | +€19 | +0.5% |
| Amounts payable | 17/49 | €43,767 | €28,759 | -€15,009 | -34.3% |
| Amounts payable within one year | 42/48 | €42,780 | €27,674 | -€15,107 | -35.3% |
| Trade debts | 44 | €7,513 | €0 | -€7,513 | -100% |
| Suppliers | 440/4 | €7,513 | €0 | -€7,513 | -100% |
| Taxes, remuneration and social security | 45 | €14,520 | €8,246 | -€6,274 | -43.2% |
| Taxes | 450/3 | €14,520 | €8,246 | -€6,274 | -43.2% |
| Other amounts payable | 47/48 | €20,747 | €19,428 | -€1,319 | -6.4% |
| Accrued charges and deferred income | 492/3 | €987 | €1,085 | +€98 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,672 | €18,972 | +€3,300 | +21.1% |
| Other operating charges | 640/8 | €1,007 | €1,074 | +€67 | +6.6% |
| Gross operating margin | 9900 | €110,865 | €133,128 | +€22,263 | +20.1% |
| Operating profit (loss) | 9901 | €94,186 | €113,083 | +€18,896 | +20.1% |
| Financial income | 75/76B | €3,490 | €2,717 | -€773 | -22.2% |
| Recurring financial income | 75 | €3,490 | €2,717 | -€773 | -22.2% |
| Financial charges | 65/66B | €358 | €501 | +€143 | +40.1% |
| Recurring financial charges | 65 | €358 | €501 | +€143 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €97,319 | €115,299 | +€17,980 | +18.5% |
| Income taxes | 67/77 | €25,943 | €32,825 | +€6,881 | +26.5% |
| Profit (loss) for the period | 9904 | €71,376 | €82,474 | +€11,098 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,376 | €82,474 | +€11,098 | +15.5% |
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 19 October 2026 via checked.be.