IMI RENOSOL: 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.
IMI RENOSOL
Largest movements
- Receivables within one year -€33,645
down €33,645 (-45.4%), from €74,094 to €40,449
of which Other amounts receivable: -€31,185
- Deferred charges and accrued income -€2,251
down €2,251 (-93.4%), from €2,410 to €159
- Cash +€961
up €961 (+6.1%), from €15,671 to €16,632
mainly Receivables within one year (+€33,645) and Net result for the year (+€32,570)
- Other debts -€38,659
down €38,659 (-56.9%), from €68,000 to €29,341
- Tax, wage and social debts +€6,745
up €6,745 (+205%), from €3,293 to €10,038
of which Taxes: +€3,634
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Current portion of long-term debt -€1,678
no longer reported in 2025 (was €1,678)
- Gross operating margin +€32,490
up €32,490 (+44.5%), from €73,057 to €105,547
- Staff costs +€25,618
up €25,618 (+84.1%), from €30,446 to €56,064
- Depreciation -€4,874
down €4,874 (-86.6%), from €5,626 to €752
- Taxes +€4,516
up €4,516 (+62.0%), from €7,280 to €11,796
- Other operating charges +€3,033
up €3,033 (+831%), from €365 to €3,398
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 | €94,642 | €60,012 | -€34,630 | -36.6% |
| Fixed assets | 21/28 | €2,467 | €2,772 | +€305 | +12.4% |
| Tangible fixed assets | 22/27 | €727 | €1,032 | +€305 | +42.0% |
| Plant, machinery and equipment | 23 | - | €1,032 | +€1,032 | |
| Leasing and similar rights | 25 | €727 | - | -€727 | |
| Financial fixed assets | 28 | €1,740 | €1,740 | = | 0.0% |
| Current assets | 29/58 | €92,175 | €57,240 | -€34,935 | -37.9% |
| Amounts receivable within one year | 40/41 | €74,094 | €40,449 | -€33,645 | -45.4% |
| Trade receivables | 40 | €3,811 | €1,351 | -€2,460 | -64.5% |
| Other amounts receivable | 41 | €70,283 | €39,098 | -€31,185 | -44.4% |
| Cash at bank and in hand | 54/58 | €15,671 | €16,632 | +€961 | +6.1% |
| Deferred charges and accrued income | 490/1 | €2,410 | €159 | -€2,251 | -93.4% |
| Total equity and liabilities | 10/49 | €94,642 | €60,012 | -€34,630 | -36.6% |
| Equity | 10/15 | €20,548 | €18,600 | -€1,948 | -9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €88 | - | -€88 | |
| Amounts payable | 17/49 | €74,094 | €41,412 | -€32,682 | -44.1% |
| Amounts payable within one year | 42/48 | €74,094 | €41,412 | -€32,682 | -44.1% |
| Current portion of amounts payable after more than one year | 42 | €1,678 | - | -€1,678 | |
| Trade debts | 44 | €1,123 | €2,033 | +€910 | +81.0% |
| Suppliers | 440/4 | €1,123 | €2,033 | +€910 | +81.0% |
| Taxes, remuneration and social security | 45 | €3,293 | €10,038 | +€6,745 | +205% |
| Taxes | 450/3 | €1,946 | €5,580 | +€3,634 | +187% |
| Remuneration and social security | 454/9 | €1,347 | €4,458 | +€3,111 | +231% |
| Other amounts payable | 47/48 | €68,000 | €29,341 | -€38,659 | -56.9% |
| Remuneration, social security and pensions | 62 | €30,446 | €56,064 | +€25,618 | +84.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,626 | €752 | -€4,874 | -86.6% |
| Other operating charges | 640/8 | €365 | €3,398 | +€3,033 | +831% |
| Gross operating margin | 9900 | €73,057 | €105,547 | +€32,490 | +44.5% |
| Operating profit (loss) | 9901 | €36,620 | €45,333 | +€8,713 | +23.8% |
| Financial charges | 65/66B | €361 | €967 | +€606 | +168% |
| Recurring financial charges | 65 | €361 | €967 | +€606 | +168% |
| Profit (loss) for the period before taxes | 9903 | €36,259 | €44,366 | +€8,107 | +22.4% |
| Income taxes | 67/77 | €7,280 | €11,796 | +€4,516 | +62.0% |
| Profit (loss) for the period | 9904 | €28,979 | €32,570 | +€3,591 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,979 | €32,570 | +€3,591 | +12.4% |
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 20 October 2026 via checked.be.