La Renouée: 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.
La Renouée
Largest movements
- Cash +€123,675
up €123,675 (+27.5%), from €450,081 to €573,756
mainly Net result for the year (+€167,784) and Depreciation (+€28,498)
- Receivables within one year -€13,612
down €13,612 (-5.3%), from €255,492 to €241,880
of which Other amounts receivable: -€12,086
- Tangible fixed assets +€13,446
up €13,446 (+8.5%), from €158,050 to €171,496
of which Furniture and vehicles: +€24,171
- Reserves +€125,000
up €125,000 (+62.5%), from €200,000 to €325,000
- Profit (loss) carried forward +€42,784
up €42,784 (+12.0%), from €357,856 to €400,640
- Debts within one year -€39,319
down €39,319 (-18.5%), from €212,499 to €173,181
of which Trade debts: -€30,622
- Gross operating margin -€70,150
down €70,150 (-7.0%), from €998,624 to €928,474
- Staff costs -€19,846
down €19,846 (-2.7%), from €743,941 to €724,095
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 | €877,014 | €1,000,195 | +€123,181 | +14.0% |
| Fixed assets | 21/28 | €161,800 | €175,246 | +€13,446 | +8.3% |
| Tangible fixed assets | 22/27 | €158,050 | €171,496 | +€13,446 | +8.5% |
| Land and buildings | 22 | €121,032 | €114,818 | -€6,214 | -5.1% |
| Plant, machinery and equipment | 23 | €15,729 | €11,217 | -€4,512 | -28.7% |
| Furniture and vehicles | 24 | €21,288 | €45,460 | +€24,171 | +114% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €715,214 | €824,949 | +€109,735 | +15.3% |
| Amounts receivable within one year | 40/41 | €255,492 | €241,880 | -€13,612 | -5.3% |
| Trade receivables | 40 | €9,290 | €7,764 | -€1,526 | -16.4% |
| Other amounts receivable | 41 | €246,201 | €234,115 | -€12,086 | -4.9% |
| Cash at bank and in hand | 54/58 | €450,081 | €573,756 | +€123,675 | +27.5% |
| Deferred charges and accrued income | 490/1 | €9,642 | €9,314 | -€328 | -3.4% |
| Total equity and liabilities | 10/49 | €877,014 | €1,000,195 | +€123,181 | +14.0% |
| Equity | 10/15 | €562,814 | €730,598 | +€167,784 | +29.8% |
| Contributions | 10/11 | €4,958 | €4,958 | = | 0.0% |
| Capital | 10 | €4,958 | €4,958 | = | 0.0% |
| Reserves | 13 | €200,000 | €325,000 | +€125,000 | +62.5% |
| Profit (loss) carried forward | 14 | €357,856 | €400,640 | +€42,784 | +12.0% |
| Provisions and deferred taxes | 16 | €70,597 | €70,597 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,911 | €40,911 | = | 0.0% |
| Environmental obligations | 163 | €40,911 | €40,911 | = | 0.0% |
| Amounts payable | 17/49 | €243,603 | €198,999 | -€44,603 | -18.3% |
| Amounts payable after more than one year | 17 | €21,103 | €25,819 | +€4,715 | +22.3% |
| Financial debts | 170/4 | €21,103 | €25,819 | +€4,715 | +22.3% |
| Amounts payable within one year | 42/48 | €212,499 | €173,181 | -€39,319 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €25,995 | €31,158 | +€5,163 | +19.9% |
| Trade debts | 44 | €43,859 | €13,237 | -€30,622 | -69.8% |
| Suppliers | 440/4 | €43,859 | €13,237 | -€30,622 | -69.8% |
| Advances received on contracts in progress | 46 | €10,771 | - | -€10,771 | |
| Taxes, remuneration and social security | 45 | €110,093 | €117,895 | +€7,801 | +7.1% |
| Taxes | 450/3 | €5,360 | €5,753 | +€393 | +7.3% |
| Remuneration and social security | 454/9 | €104,734 | €112,141 | +€7,408 | +7.1% |
| Accrued charges and deferred income | 492/3 | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €743,941 | €724,095 | -€19,846 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,363 | €28,498 | +€4,136 | +17.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,326 | - | -€6,326 | |
| Other operating charges | 640/8 | €7,080 | €8,475 | +€1,395 | +19.7% |
| Non-recurring operating charges | 66A | €21,781 | - | -€21,781 | |
| Gross operating margin | 9900 | €998,624 | €928,474 | -€70,150 | -7.0% |
| Operating profit (loss) | 9901 | €188,688 | €166,904 | -€21,784 | -11.5% |
| Financial income | 75/76B | €2,874 | €2,557 | -€317 | -11.0% |
| Recurring financial income | 75 | €2,874 | €2,557 | -€317 | -11.0% |
| Financial charges | 65/66B | €1,521 | €1,677 | +€155 | +10.2% |
| Recurring financial charges | 65 | €1,521 | €1,677 | +€155 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €190,041 | €167,784 | -€22,256 | -11.7% |
| Profit (loss) for the period | 9904 | €190,041 | €167,784 | -€22,256 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €190,041 | €167,784 | -€22,256 | -11.7% |
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.