HR RÉNO: 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.
HR RÉNO
Largest movements
- Receivables within one year -€15,846
down €15,846 (-10.6%), from €149,186 to €133,340
of which Other amounts receivable: -€36,804
- Tangible fixed assets -€2,632
down €2,632 (-37.9%), from €6,949 to €4,317
of which Furniture and vehicles: -€2,041
- Profit (loss) carried forward -€16,213
down €16,213 (-17.7%), from €91,812 to €75,599
- Tax, wage and social debts -€13,053
down €13,053 (-37.9%), from €34,463 to €21,409
- Current portion of long-term debt +€10,000
new in 2025: €10,000
- Gross operating margin -€125,238
down €125,238 (-79.6%), from €157,309 to €32,071
- Taxes -€26,246
no longer reported in 2025 (was €26,246)
- Staff costs +€9,106
up €9,106 (+32.8%), from €27,797 to €36,903
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,315 | €137,837 | -€18,478 | -11.8% |
| Fixed assets | 21/28 | €7,129 | €4,497 | -€2,632 | -36.9% |
| Tangible fixed assets | 22/27 | €6,949 | €4,317 | -€2,632 | -37.9% |
| Plant, machinery and equipment | 23 | €1,636 | €1,046 | -€591 | -36.1% |
| Furniture and vehicles | 24 | €5,313 | €3,272 | -€2,041 | -38.4% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €149,186 | €133,340 | -€15,846 | -10.6% |
| Amounts receivable within one year | 40/41 | €149,186 | €133,340 | -€15,846 | -10.6% |
| Trade receivables | 40 | €5,062 | €26,020 | +€20,958 | +414% |
| Other amounts receivable | 41 | €144,124 | €107,320 | -€36,804 | -25.5% |
| Total equity and liabilities | 10/49 | €156,315 | €137,837 | -€18,478 | -11.8% |
| Equity | 10/15 | €112,272 | €96,059 | -€16,213 | -14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €91,812 | €75,599 | -€16,213 | -17.7% |
| Amounts payable | 17/49 | €44,044 | €41,778 | -€2,265 | -5.1% |
| Amounts payable within one year | 42/48 | €44,044 | €41,778 | -€2,265 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | - | €10,000 | +€10,000 | |
| Financial debts | 43 | €8,678 | €10,020 | +€1,343 | +15.5% |
| Credit institutions | 430/8 | €8,678 | €10,020 | +€1,343 | +15.5% |
| Trade debts | 44 | €903 | €349 | -€555 | -61.4% |
| Suppliers | 440/4 | €903 | €349 | -€555 | -61.4% |
| Taxes, remuneration and social security | 45 | €34,463 | €21,409 | -€13,053 | -37.9% |
| Taxes | 450/3 | €34,463 | €21,409 | -€13,053 | -37.9% |
| Remuneration, social security and pensions | 62 | €27,797 | €36,903 | +€9,106 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,195 | €2,632 | +€437 | +19.9% |
| Other operating charges | 640/8 | €6,439 | €6,256 | -€183 | -2.8% |
| Gross operating margin | 9900 | €157,309 | €32,071 | -€125,238 | -79.6% |
| Operating profit (loss) | 9901 | €120,878 | -€13,721 | -€134,599 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,601 | €2,492 | +€891 | +55.7% |
| Recurring financial charges | 65 | €1,601 | €2,492 | +€891 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | €119,278 | -€16,213 | -€135,491 | |
| Income taxes | 67/77 | €26,246 | - | -€26,246 | |
| Profit (loss) for the period | 9904 | €93,032 | -€16,213 | -€109,245 | |
| Profit (loss) for the period to be appropriated | 9905 | €93,032 | -€16,213 | -€109,245 |
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 17 October 2026 via checked.be.