LB Reno: what changed
LB Reno
Largest movements
- Receivables within one year +€25,540
up €25,540 (+129%), from €19,773 to €45,313
of which Other amounts receivable: +€14,618
- Cash +€10,805
up €10,805 (+94.8%), from €11,394 to €22,199
mainly Other debts (+€20,000) and Depreciation (+€10,983)
- Stocks and contracts +€4,084
up €4,084 (+40.7%), from €10,038 to €14,121
- Tangible fixed assets -€2,907
down €2,907 (-11.6%), from €25,082 to €22,175
of which Other tangible fixed assets: -€1,467
- Other debts +€20,000
new in 2025: €20,000
- Trade debts +€10,340
up €10,340 (+35.1%), from €29,478 to €39,818
- Tax, wage and social debts +€6,488
up €6,488 (+87.2%), from €7,438 to €13,925
of which Remuneration and social security: +€3,524
- Gross operating margin +€62,991
up €62,991 (+36.0%), from €175,083 to €238,074
- Staff costs +€57,173
up €57,173 (+34.3%), from €166,763 to €223,935
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,718 | €105,106 | +€37,388 | +55.2% |
| Fixed assets | 21/28 | €25,082 | €22,175 | -€2,907 | -11.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €25,082 | €22,175 | -€2,907 | -11.6% |
| Plant, machinery and equipment | 23 | €14,512 | €13,369 | -€1,143 | -7.9% |
| Furniture and vehicles | 24 | €3,374 | €3,076 | -€298 | -8.8% |
| Other tangible fixed assets | 26 | €7,197 | €5,730 | -€1,467 | -20.4% |
| Current assets | 29/58 | €42,635 | €82,931 | +€40,296 | +94.5% |
| Stocks and contracts in progress | 3 | €10,038 | €14,121 | +€4,084 | +40.7% |
| Stocks | 30/36 | €10,038 | €14,121 | +€4,084 | +40.7% |
| Amounts receivable within one year | 40/41 | €19,773 | €45,313 | +€25,540 | +129% |
| Trade receivables | 40 | €7,044 | €17,966 | +€10,922 | +155% |
| Other amounts receivable | 41 | €12,729 | €27,347 | +€14,618 | +115% |
| Cash at bank and in hand | 54/58 | €11,394 | €22,199 | +€10,805 | +94.8% |
| Deferred charges and accrued income | 490/1 | €1,431 | €1,298 | -€132 | -9.3% |
| Total equity and liabilities | 10/49 | €67,718 | €105,106 | +€37,388 | +55.2% |
| Equity | 10/15 | €30,152 | €30,713 | +€560 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €31,112 | €31,112 | = | 0.0% |
| Distributable reserves | 133 | €31,112 | €31,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,159 | -€6,599 | +€560 | +7.8% |
| Amounts payable | 17/49 | €37,566 | €74,393 | +€36,828 | +98.0% |
| Amounts payable within one year | 42/48 | €36,916 | €73,743 | +€36,828 | +99.8% |
| Trade debts | 44 | €29,478 | €39,818 | +€10,340 | +35.1% |
| Suppliers | 440/4 | €29,478 | €39,818 | +€10,340 | +35.1% |
| Taxes, remuneration and social security | 45 | €7,438 | €13,925 | +€6,488 | +87.2% |
| Taxes | 450/3 | - | €2,964 | +€2,964 | |
| Remuneration and social security | 454/9 | €7,438 | €10,961 | +€3,524 | +47.4% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Accrued charges and deferred income | 492/3 | €650 | €650 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €166,763 | €223,935 | +€57,173 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,450 | €10,983 | +€533 | +5.1% |
| Other operating charges | 640/8 | €1,338 | €880 | -€458 | -34.2% |
| Gross operating margin | 9900 | €175,083 | €238,074 | +€62,991 | +36.0% |
| Operating profit (loss) | 9901 | -€3,467 | €2,276 | +€5,743 | |
| Financial income | 75/76B | €2,114 | €3,495 | +€1,382 | +65.4% |
| Recurring financial income | 75 | €2,114 | €3,495 | +€1,382 | +65.4% |
| Financial charges | 65/66B | €5,625 | €4,730 | -€894 | -15.9% |
| Recurring financial charges | 65 | €5,625 | €4,730 | -€894 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,978 | €1,041 | +€8,019 | |
| Income taxes | 67/77 | €181 | €480 | +€299 | +165% |
| Profit (loss) for the period | 9904 | -€7,159 | €560 | +€7,720 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,159 | €560 | +€7,720 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.