InstaReno: 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.
InstaReno
Largest movements
- Stocks and contracts +€336,336
up €336,336 (+3,904%), from €8,615 to €344,951
- Receivables within one year -€33,912
down €33,912 (-60.8%), from €55,770 to €21,859
of which Trade receivables: -€20,678
- Cash -€18,706
down €18,706 (-95.3%), from €19,637 to €931
- Tangible fixed assets -€15,998
down €15,998 (-41.6%), from €38,501 to €22,503
of which Furniture and vehicles: -€14,251
- Other debts +€232,246
up €232,246 (+27,881%), from €833 to €233,079
- Profit (loss) carried forward +€28,580
up €28,580 (+44.9%), from €63,584 to €92,163
- Trade debts +€16,501
up €16,501 (+55.9%), from €29,507 to €46,008
- Debts after one year -€4,877
down €4,877 (-27.0%), from €18,089 to €13,212
- Current portion of long-term debt -€4,659
no longer reported in 2025 (was €4,659)
- Gross operating margin -€4,741
down €4,741 (-21.4%), from €22,190 to €17,449
- Depreciation +€2,876
up €2,876 (+45.7%), from €6,288 to €9,163
- Other operating charges +€2,097
up €2,097 (+1,227%), from €171 to €2,268
- Taxes -€1,825
down €1,825 (-54.5%), from €3,350 to €1,525
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,523 | €393,044 | +€270,521 | +221% |
| Fixed assets | 21/28 | €38,501 | €25,303 | -€13,198 | -34.3% |
| Tangible fixed assets | 22/27 | €38,501 | €22,503 | -€15,998 | -41.6% |
| Plant, machinery and equipment | 23 | €4,760 | €3,013 | -€1,747 | -36.7% |
| Furniture and vehicles | 24 | €33,741 | €19,489 | -€14,251 | -42.2% |
| Financial fixed assets | 28 | - | €2,800 | +€2,800 | |
| Current assets | 29/58 | €84,022 | €367,741 | +€283,718 | +338% |
| Stocks and contracts in progress | 3 | €8,615 | €344,951 | +€336,336 | +3,904% |
| Stocks | 30/36 | €8,615 | €344,951 | +€336,336 | +3,904% |
| Amounts receivable within one year | 40/41 | €55,770 | €21,859 | -€33,912 | -60.8% |
| Trade receivables | 40 | €36,949 | €16,271 | -€20,678 | -56.0% |
| Other amounts receivable | 41 | €18,822 | €5,588 | -€13,234 | -70.3% |
| Cash at bank and in hand | 54/58 | €19,637 | €931 | -€18,706 | -95.3% |
| Total equity and liabilities | 10/49 | €122,523 | €393,044 | +€270,521 | +221% |
| Equity | 10/15 | €66,084 | €94,663 | +€28,580 | +43.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,584 | €92,163 | +€28,580 | +44.9% |
| Amounts payable | 17/49 | €56,439 | €298,380 | +€241,941 | +429% |
| Amounts payable after more than one year | 17 | €18,089 | €13,212 | -€4,877 | -27.0% |
| Financial debts | 170/4 | €18,089 | €13,212 | -€4,877 | -27.0% |
| Amounts payable within one year | 42/48 | €38,350 | €285,168 | +€246,818 | +644% |
| Current portion of amounts payable after more than one year | 42 | €4,659 | - | -€4,659 | |
| Trade debts | 44 | €29,507 | €46,008 | +€16,501 | +55.9% |
| Suppliers | 440/4 | €29,507 | €46,008 | +€16,501 | +55.9% |
| Advances received on contracts in progress | 46 | - | €637 | +€637 | |
| Taxes, remuneration and social security | 45 | €3,350 | €5,444 | +€2,094 | +62.5% |
| Taxes | 450/3 | €3,350 | €5,444 | +€2,094 | +62.5% |
| Other amounts payable | 47/48 | €833 | €233,079 | +€232,246 | +27,881% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,288 | €9,163 | +€2,876 | +45.7% |
| Other operating charges | 640/8 | €171 | €2,268 | +€2,097 | +1,227% |
| Gross operating margin | 9900 | €22,190 | €17,449 | -€4,741 | -21.4% |
| Operating profit (loss) | 9901 | €15,731 | €6,018 | -€9,713 | -61.7% |
| Financial income | 75/76B | €29 | - | -€29 | |
| Recurring financial income | 75 | €29 | - | -€29 | |
| Financial charges | 65/66B | €843 | €949 | +€107 | +12.6% |
| Recurring financial charges | 65 | €843 | €949 | +€107 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €14,918 | €5,069 | -€9,849 | -66.0% |
| Income taxes | 67/77 | €3,350 | €1,525 | -€1,825 | -54.5% |
| Profit (loss) for the period | 9904 | €11,568 | €3,544 | -€8,024 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,568 | €3,544 | -€8,024 | -69.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.