La Renothèque: what changed
Two fiscal 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.
La Renothèque
Largest movements
- Receivables within one year +€79,676
up €79,676 (+298.6%), from €26,681 to €106,357
of which Other amounts receivable: +€77,095
- Tangible fixed assets +€3,401
up €3,401 (+107.3%), from €3,169 to €6,570
- Cash +€2,533
up €2,533 (+126.6%), from €2,001 to €4,533
mainly Net result for the year (+€64,480) and Tax, wage and social debts (+€17,096)
- Reserves +€54,508
up €54,508 (+387.1%), from €14,082 to €68,590
- Tax, wage and social debts +€17,096
up €17,096 (+109.6%), from €15,601 to €32,697
of which Taxes: +€17,088
- Trade debts +€13,687
up €13,687 (+2727.2%), from €502 to €14,188
- Profit (loss) carried forward +€9,973
no longer reported in 2025 (was -€9,973)
- Short-term financial debts -€9,311
no longer reported in 2025 (was €9,311)
- Gross operating margin +€73,377
up €73,377 (+310.3%), from €23,645 to €97,022
- Taxes +€19,324
up €19,324 (+317.6%), from €6,085 to €25,409
- Financial charges +€3,499
up €3,499 (+164.7%), from €2,125 to €5,624
- Depreciation +€1,079
up €1,079 (+1487.5%), from €73 to €1,152
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 | €32,523 | €118,475 | +€85,952 | +264.3% |
| Fixed assets | 21/28 | €3,169 | €6,570 | +€3,401 | +107.3% |
| Tangible fixed assets | 22/27 | €3,169 | €6,570 | +€3,401 | +107.3% |
| Furniture and vehicles | 24 | €3,169 | €6,570 | +€3,401 | +107.3% |
| Current assets | 29/58 | €29,354 | €111,905 | +€82,551 | +281.2% |
| Amounts receivable within one year | 40/41 | €26,681 | €106,357 | +€79,676 | +298.6% |
| Trade receivables | 40 | €7,711 | €10,293 | +€2,582 | +33.5% |
| Other amounts receivable | 41 | €18,969 | €96,064 | +€77,095 | +406.4% |
| Cash at bank and in hand | 54/58 | €2,001 | €4,533 | +€2,533 | +126.6% |
| Deferred charges and accrued income | 490/1 | €673 | €1,015 | +€341 | +50.7% |
| Total equity and liabilities | 10/49 | €32,523 | €118,475 | +€85,952 | +264.3% |
| Equity | 10/15 | €7,110 | €71,590 | +€64,480 | +906.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,082 | €68,590 | +€54,508 | +387.1% |
| Distributable reserves | 133 | €14,082 | €68,590 | +€54,508 | +387.1% |
| Profit (loss) carried forward | 14 | -€9,973 | - | +€9,973 | |
| Amounts payable | 17/49 | €25,414 | €46,886 | +€21,472 | +84.5% |
| Amounts payable within one year | 42/48 | €25,414 | €46,886 | +€21,472 | +84.5% |
| Financial debts | 43 | €9,311 | - | -€9,311 | |
| Credit institutions | 430/8 | €9,311 | - | -€9,311 | |
| Trade debts | 44 | €502 | €14,188 | +€13,687 | +2727.2% |
| Suppliers | 440/4 | €502 | €14,188 | +€13,687 | +2727.2% |
| Taxes, remuneration and social security | 45 | €15,601 | €32,697 | +€17,096 | +109.6% |
| Taxes | 450/3 | €14,405 | €31,494 | +€17,088 | +118.6% |
| Remuneration and social security | 454/9 | €1,196 | €1,203 | +€7 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73 | €1,152 | +€1,079 | +1487.5% |
| Other operating charges | 640/8 | €1,281 | €372 | -€909 | -70.9% |
| Gross operating margin | 9900 | €23,645 | €97,022 | +€73,377 | +310.3% |
| Operating profit (loss) | 9901 | €22,291 | €95,498 | +€73,207 | +328.4% |
| Financial income | 75/76B | €1 | €15 | +€15 | +2878.8% |
| Recurring financial income | 75 | €1 | €15 | +€15 | +2878.8% |
| Financial charges | 65/66B | €2,125 | €5,624 | +€3,499 | +164.7% |
| Recurring financial charges | 65 | €2,125 | €5,624 | +€3,499 | +164.7% |
| Profit (loss) for the period before taxes | 9903 | €20,167 | €89,889 | +€69,722 | +345.7% |
| Income taxes | 67/77 | €6,085 | €25,409 | +€19,324 | +317.6% |
| Profit (loss) for the period | 9904 | €14,082 | €64,480 | +€50,398 | +357.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,082 | €64,480 | +€50,398 | +357.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.