EG 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.
EG RENO
Largest movements
- Stocks and contracts +€434,920
up €434,920 (+963%), from €45,140 to €480,060
of which Stocks: +€434,920
- Tangible fixed assets +€39,624
up €39,624 (+179%), from €22,190 to €61,815
of which Furniture and vehicles: +€47,483
- Cash +€30,856
up €30,856 (+202%), from €15,299 to €46,156
mainly Debts after one year (+€383,473) and Net result for the year (+€60,992)
- Receivables within one year +€16,574
up €16,574 (+19.3%), from €85,854 to €102,428
of which Trade receivables: +€43,300
- Debts after one year +€383,473
up €383,473 (+1,867%), from €20,535 to €404,008
- Reserves +€57,000
new in 2025: €57,000
- Trade debts +€27,954
up €27,954 (+62.4%), from €44,768 to €72,722
- Tax, wage and social debts +€24,785
up €24,785 (+125%), from €19,752 to €44,537
of which Taxes: +€26,077
- Other debts +€19,427
up €19,427 (+1,943%), from €1,000 to €20,427
- Gross operating margin +€80,903
up €80,903 (+95.4%), from €84,794 to €165,697
- Staff costs +€48,178
up €48,178 (+359%), from €13,421 to €61,599
- Taxes +€11,777
up €11,777 (+85.3%), from €13,803 to €25,579
- Depreciation +€3,707
up €3,707 (+39.9%), from €9,280 to €12,987
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 | €169,429 | €696,642 | +€527,213 | +311% |
| Fixed assets | 21/28 | €22,990 | €62,615 | +€39,624 | +172% |
| Tangible fixed assets | 22/27 | €22,190 | €61,815 | +€39,624 | +179% |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | €11,828 | €3,969 | -€7,859 | -66.4% |
| Furniture and vehicles | 24 | €10,363 | €57,846 | +€47,483 | +458% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €146,438 | €634,027 | +€487,589 | +333% |
| Stocks and contracts in progress | 3 | €45,140 | €480,060 | +€434,920 | +963% |
| Stocks | 30/36 | €45,140 | €480,060 | +€434,920 | +963% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €85,854 | €102,428 | +€16,574 | +19.3% |
| Trade receivables | 40 | €47,067 | €90,367 | +€43,300 | +92.0% |
| Other amounts receivable | 41 | €38,787 | €12,061 | -€26,726 | -68.9% |
| Cash at bank and in hand | 54/58 | €15,299 | €46,156 | +€30,856 | +202% |
| Deferred charges and accrued income | 490/1 | €145 | €5,384 | +€5,238 | +3,606% |
| Total equity and liabilities | 10/49 | €169,429 | €696,642 | +€527,213 | +311% |
| Equity | 10/15 | €76,431 | €137,424 | +€60,992 | +79.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €57,000 | +€57,000 | |
| Distributable reserves | 133 | - | €57,000 | +€57,000 | |
| Profit (loss) carried forward | 14 | €66,431 | €70,424 | +€3,992 | +6.0% |
| Amounts payable | 17/49 | €92,997 | €559,218 | +€466,221 | +501% |
| Amounts payable after more than one year | 17 | €20,535 | €404,008 | +€383,473 | +1,867% |
| Financial debts | 170/4 | €20,535 | €404,008 | +€383,473 | +1,867% |
| Amounts payable within one year | 42/48 | €72,189 | €155,140 | +€82,951 | +115% |
| Current portion of amounts payable after more than one year | 42 | €6,669 | €17,455 | +€10,785 | +162% |
| Trade debts | 44 | €44,768 | €72,722 | +€27,954 | +62.4% |
| Suppliers | 440/4 | €44,768 | €72,722 | +€27,954 | +62.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €19,752 | €44,537 | +€24,785 | +125% |
| Taxes | 450/3 | €15,613 | €41,689 | +€26,077 | +167% |
| Remuneration and social security | 454/9 | €4,139 | €2,848 | -€1,291 | -31.2% |
| Other amounts payable | 47/48 | €1,000 | €20,427 | +€19,427 | +1,943% |
| Accrued charges and deferred income | 492/3 | €273 | €70 | -€203 | -74.4% |
| Remuneration, social security and pensions | 62 | €13,421 | €61,599 | +€48,178 | +359% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,280 | €12,987 | +€3,707 | +39.9% |
| Other operating charges | 640/8 | €878 | €2,056 | +€1,178 | +134% |
| Gross operating margin | 9900 | €84,794 | €165,697 | +€80,903 | +95.4% |
| Operating profit (loss) | 9901 | €61,214 | €89,054 | +€27,840 | +45.5% |
| Financial income | 75/76B | €1,179 | €57 | -€1,122 | -95.2% |
| Recurring financial income | 75 | €1,179 | €57 | -€1,122 | -95.2% |
| Financial charges | 65/66B | €2,663 | €2,539 | -€124 | -4.6% |
| Recurring financial charges | 65 | €2,663 | €2,539 | -€124 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €59,730 | €86,572 | +€26,842 | +44.9% |
| Income taxes | 67/77 | €13,803 | €25,579 | +€11,777 | +85.3% |
| Profit (loss) for the period | 9904 | €45,927 | €60,992 | +€15,065 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,927 | €60,992 | +€15,065 | +32.8% |
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 25 October 2026 via checked.be.