KB 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.
KB Reno
Largest movements
- Cash +€21,096
up €21,096 (+898.1%), from €2,349 to €23,445
mainly Current investments (+€19,053) and Net result for the year (+€11,030)
- Current investments -€19,053
no longer reported in 2025 (was €19,053)
- Tangible fixed assets -€5,544
down €5,544 (-36.1%), from €15,365 to €9,822
of which Furniture and vehicles: -€5,340
- Receivables within one year +€3,037
up €3,037 (+24.6%), from €12,326 to €15,363
of which Trade receivables: +€9,589
- Deferred charges and accrued income -€1,421
down €1,421 (-84.8%), from €1,675 to €254
- Reserves +€11,030
up €11,030 (+114.2%), from €9,662 to €20,693
- Debts after one year -€6,718
down €6,718 (-100.0%), from €6,718 to €0
- Other debts -€3,067
down €3,067 (-100.0%), from €3,067 to €0
- Trade debts -€2,573
down €2,573 (-82.7%), from €3,110 to €538
- Current portion of long-term debt -€687
down €687 (-17.9%), from €3,845 to €3,158
- Staff costs -€5,121
down €5,121 (-23.2%), from €22,108 to €16,987
- Gross operating margin +€4,256
up €4,256 (+12.1%), from €35,284 to €39,540
- Taxes +€2,996
up €2,996 (+139.4%), from €2,150 to €5,146
- Other operating charges -€424
down €424 (-29.4%), from €1,444 to €1,020
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 | €50,768 | €48,885 | -€1,884 | -3.7% |
| Fixed assets | 21/28 | €15,365 | €9,822 | -€5,544 | -36.1% |
| Tangible fixed assets | 22/27 | €15,365 | €9,822 | -€5,544 | -36.1% |
| Plant, machinery and equipment | 23 | €448 | €244 | -€204 | -45.4% |
| Furniture and vehicles | 24 | €14,917 | €9,577 | -€5,340 | -35.8% |
| Current assets | 29/58 | €35,403 | €39,063 | +€3,660 | +10.3% |
| Amounts receivable within one year | 40/41 | €12,326 | €15,363 | +€3,037 | +24.6% |
| Trade receivables | 40 | €500 | €10,089 | +€9,589 | +1917.9% |
| Other amounts receivable | 41 | €11,826 | €5,274 | -€6,552 | -55.4% |
| Current investments | 50/53 | €19,053 | - | -€19,053 | |
| Cash at bank and in hand | 54/58 | €2,349 | €23,445 | +€21,096 | +898.1% |
| Deferred charges and accrued income | 490/1 | €1,675 | €254 | -€1,421 | -84.8% |
| Total equity and liabilities | 10/49 | €50,768 | €48,885 | -€1,884 | -3.7% |
| Equity | 10/15 | €27,550 | €38,581 | +€11,030 | +40.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,662 | €20,693 | +€11,030 | +114.2% |
| Distributable reserves | 133 | €9,662 | €20,693 | +€11,030 | +114.2% |
| Profit (loss) carried forward | 14 | -€712 | -€712 | = | 0.0% |
| Amounts payable | 17/49 | €23,218 | €10,304 | -€12,914 | -55.6% |
| Amounts payable after more than one year | 17 | €6,718 | €0 | -€6,718 | -100.0% |
| Financial debts | 170/4 | €6,718 | €0 | -€6,718 | -100.0% |
| Amounts payable within one year | 42/48 | €16,500 | €10,304 | -€6,196 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €3,845 | €3,158 | -€687 | -17.9% |
| Trade debts | 44 | €3,110 | €538 | -€2,573 | -82.7% |
| Suppliers | 440/4 | €3,110 | €538 | -€2,573 | -82.7% |
| Taxes, remuneration and social security | 45 | €6,478 | €6,608 | +€131 | +2.0% |
| Taxes | 450/3 | €214 | €2,417 | +€2,203 | +1031.8% |
| Remuneration and social security | 454/9 | €6,264 | €4,191 | -€2,072 | -33.1% |
| Other amounts payable | 47/48 | €3,067 | €0 | -€3,067 | -100.0% |
| Remuneration, social security and pensions | 62 | €22,108 | €16,987 | -€5,121 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,362 | €5,544 | +€181 | +3.4% |
| Other operating charges | 640/8 | €1,444 | €1,020 | -€424 | -29.4% |
| Gross operating margin | 9900 | €35,284 | €39,540 | +€4,256 | +12.1% |
| Operating profit (loss) | 9901 | €6,370 | €15,990 | +€9,620 | +151.0% |
| Financial income | 75/76B | €113 | €459 | +€346 | +306.6% |
| Recurring financial income | 75 | €113 | €459 | +€346 | +306.6% |
| Financial charges | 65/66B | €70 | €272 | +€201 | +286.4% |
| Recurring financial charges | 65 | €70 | €272 | +€201 | +286.4% |
| Profit (loss) for the period before taxes | 9903 | €6,412 | €16,177 | +€9,764 | +152.3% |
| Income taxes | 67/77 | €2,150 | €5,146 | +€2,996 | +139.4% |
| Profit (loss) for the period | 9904 | €4,262 | €11,030 | +€6,768 | +158.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,262 | €11,030 | +€6,768 | +158.8% |
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 11 October 2026 via checked.be.