MC RENOBATI: 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.
MC RENOBATI
Largest movements
- Cash -€60,132
down €60,132 (-78.3%), from €76,803 to €16,671
mainly Receivables within one year (-€53,795) and Contributions, distributions and other (-€28,500)
- Receivables within one year +€53,795
up €53,795 (+327%), from €16,470 to €70,265
of which Other amounts receivable: +€40,161
- Tangible fixed assets +€1,931
up €1,931 (+16.5%), from €11,707 to €13,638
of which Plant, machinery and equipment: +€4,247
- Profit (loss) carried forward -€78,500
down €78,500 (-95.7%), from €82,039 to €3,539
- Reserves +€57,729
new in 2025: €57,729
- Other debts +€28,500
new in 2025: €28,500
- Trade debts -€8,982
down €8,982 (-89.0%), from €10,092 to €1,109
- Debts after one year -€4,142
down €4,142 (-51.1%), from €8,101 to €3,959
- Gross operating margin -€50,314
down €50,314 (-74.7%), from €67,374 to €17,060
- Taxes -€4,415
down €4,415 (-60.6%), from €7,284 to €2,869
- Other operating charges +€3,280
up €3,280 (+455%), from €721 to €4,001
- Financial income +€1,383
up €1,383 (+90.5%), from €1,529 to €2,912
- Financial charges -€1,308
down €1,308 (-43.9%), from €2,981 to €1,673
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 | €106,434 | €102,327 | -€4,107 | -3.9% |
| Fixed assets | 21/28 | €12,112 | €14,043 | +€1,931 | +15.9% |
| Tangible fixed assets | 22/27 | €11,707 | €13,638 | +€1,931 | +16.5% |
| Plant, machinery and equipment | 23 | €828 | €5,075 | +€4,247 | +513% |
| Furniture and vehicles | 24 | €10,878 | €8,563 | -€2,316 | -21.3% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €94,323 | €88,284 | -€6,038 | -6.4% |
| Amounts receivable within one year | 40/41 | €16,470 | €70,265 | +€53,795 | +327% |
| Trade receivables | 40 | €2,309 | €15,944 | +€13,634 | +590% |
| Other amounts receivable | 41 | €14,161 | €54,321 | +€40,161 | +284% |
| Cash at bank and in hand | 54/58 | €76,803 | €16,671 | -€60,132 | -78.3% |
| Deferred charges and accrued income | 490/1 | €1,050 | €1,348 | +€299 | +28.5% |
| Total equity and liabilities | 10/49 | €106,434 | €102,327 | -€4,107 | -3.9% |
| Equity | 10/15 | €82,039 | €61,268 | -€20,771 | -25.3% |
| Reserves | 13 | - | €57,729 | +€57,729 | |
| Distributable reserves | 133 | - | €57,729 | +€57,729 | |
| Profit (loss) carried forward | 14 | €82,039 | €3,539 | -€78,500 | -95.7% |
| Amounts payable | 17/49 | €24,396 | €41,060 | +€16,664 | +68.3% |
| Amounts payable after more than one year | 17 | €8,101 | €3,959 | -€4,142 | -51.1% |
| Financial debts | 170/4 | €8,101 | €3,959 | -€4,142 | -51.1% |
| Amounts payable within one year | 42/48 | €15,809 | €37,101 | +€21,292 | +135% |
| Current portion of amounts payable after more than one year | 42 | €4,051 | €3,797 | -€254 | -6.3% |
| Financial debts | 43 | €1,667 | €1,701 | +€34 | +2.0% |
| Credit institutions | 430/8 | €1,667 | €1,701 | +€34 | +2.0% |
| Trade debts | 44 | €10,092 | €1,109 | -€8,982 | -89.0% |
| Suppliers | 440/4 | €10,092 | €1,109 | -€8,982 | -89.0% |
| Taxes, remuneration and social security | 45 | - | €1,993 | +€1,993 | |
| Taxes | 450/3 | - | €1,993 | +€1,993 | |
| Other amounts payable | 47/48 | - | €28,500 | +€28,500 | |
| Accrued charges and deferred income | 492/3 | €485 | €0 | -€485 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,053 | €3,701 | +€648 | +21.2% |
| Other operating charges | 640/8 | €721 | €4,001 | +€3,280 | +455% |
| Gross operating margin | 9900 | €67,374 | €17,060 | -€50,314 | -74.7% |
| Operating profit (loss) | 9901 | €63,600 | €9,358 | -€54,242 | -85.3% |
| Financial income | 75/76B | €1,529 | €2,912 | +€1,383 | +90.5% |
| Recurring financial income | 75 | €1,529 | €2,912 | +€1,383 | +90.5% |
| Financial charges | 65/66B | €2,981 | €1,673 | -€1,308 | -43.9% |
| Recurring financial charges | 65 | €2,981 | €1,673 | -€1,308 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €62,149 | €10,598 | -€51,551 | -82.9% |
| Income taxes | 67/77 | €7,284 | €2,869 | -€4,415 | -60.6% |
| Profit (loss) for the period | 9904 | €54,865 | €7,729 | -€47,136 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,865 | €7,729 | -€47,136 | -85.9% |
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 22 October 2026 via checked.be.