e-renaissance: 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.
e-renaissance
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€492
up €492, from -€492 to €0
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 | €75,601 | €75,601 | = | 0.0% |
| Fixed assets | 21/28 | €237 | €237 | = | 0.0% |
| Financial fixed assets | 28 | €237 | €237 | = | 0.0% |
| Current assets | 29/58 | €75,364 | €75,364 | = | 0.0% |
| Stocks and contracts in progress | 3 | €71,278 | €71,278 | = | 0.0% |
| Stocks | 30/36 | €71,278 | €71,278 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,195 | €3,195 | = | 0.0% |
| Trade receivables | 40 | €2,000 | €2,000 | = | 0.0% |
| Other amounts receivable | 41 | €1,195 | €1,195 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €892 | €892 | = | 0.0% |
| Total equity and liabilities | 10/49 | €75,601 | €75,601 | = | 0.0% |
| Equity | 10/15 | -€11,395 | -€11,395 | = | 0.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,395 | -€30,395 | = | 0.0% |
| Amounts payable | 17/49 | €86,996 | €86,996 | = | 0.0% |
| Amounts payable within one year | 42/48 | €86,996 | €86,996 | = | 0.0% |
| Trade debts | 44 | €1,032 | €1,032 | = | 0.0% |
| Suppliers | 440/4 | €1,032 | €1,032 | = | 0.0% |
| Other amounts payable | 47/48 | €85,965 | €85,965 | = | 0.0% |
| Gross operating margin | 9900 | -€492 | €0 | +€492 | |
| Operating profit (loss) | 9901 | -€492 | €0 | +€492 | |
| Profit (loss) for the period before taxes | 9903 | -€492 | €0 | +€492 | |
| Profit (loss) for the period | 9904 | -€492 | €0 | +€492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€492 | €0 | +€492 |
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 12 October 2026 via checked.be.