MT RENO-DESIGN: 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.
MT RENO-DESIGN
Largest movements
- Tangible fixed assets +€32,609
up €32,609 (+140%), from €23,298 to €55,906
- Cash -€25,343
down €25,343 (-95.3%), from €26,590 to €1,246
mainly Investment in fixed assets (net) (-€48,071) and Accrued charges and deferred income (-€12,818)
- Receivables within one year -€4,765
down €4,765 (-86.3%), from €5,520 to €755
of which Other amounts receivable: -€4,615
- Deferred charges and accrued income +€1,249
new in 2025: €1,249
- Profit (loss) carried forward +€14,302
up €14,302 (+63.7%), from €22,458 to €36,760
- Accrued charges and deferred income -€12,818
no longer reported in 2025 (was €12,818)
- Trade debts -€6,626
down €6,626 (-38.3%), from €17,282 to €10,656
- Other debts +€5,672
new in 2025: €5,672
- Tax, wage and social debts +€2,218
up €2,218 (+77.8%), from €2,850 to €5,068
- Depreciation +€14,953
up €14,953 (+2,933%), from €510 to €15,463
- Gross operating margin +€8,792
up €8,792 (+30.1%), from €29,207 to €37,999
- Other operating charges +€2,516
up €2,516 (+650%), from €387 to €2,903
- Taxes -€632
down €632 (-10.8%), from €5,850 to €5,218
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 | €55,407 | €59,157 | +€3,749 | +6.8% |
| Fixed assets | 21/28 | €23,298 | €55,906 | +€32,609 | +140% |
| Tangible fixed assets | 22/27 | €23,298 | €55,906 | +€32,609 | +140% |
| Furniture and vehicles | 24 | €23,298 | €55,906 | +€32,609 | +140% |
| Current assets | 29/58 | €32,110 | €3,250 | -€28,859 | -89.9% |
| Amounts receivable within one year | 40/41 | €5,520 | €755 | -€4,765 | -86.3% |
| Trade receivables | 40 | €150 | - | -€150 | |
| Other amounts receivable | 41 | €5,370 | €755 | -€4,615 | -85.9% |
| Cash at bank and in hand | 54/58 | €26,590 | €1,246 | -€25,343 | -95.3% |
| Deferred charges and accrued income | 490/1 | - | €1,249 | +€1,249 | |
| Total equity and liabilities | 10/49 | €55,407 | €59,157 | +€3,749 | +6.8% |
| Equity | 10/15 | €22,458 | €37,760 | +€15,302 | +68.1% |
| Contributions | 10/11 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | €22,458 | €36,760 | +€14,302 | +63.7% |
| Amounts payable | 17/49 | €32,950 | €21,397 | -€11,553 | -35.1% |
| Amounts payable within one year | 42/48 | €20,132 | €21,397 | +€1,265 | +6.3% |
| Trade debts | 44 | €17,282 | €10,656 | -€6,626 | -38.3% |
| Suppliers | 440/4 | €17,282 | €10,656 | -€6,626 | -38.3% |
| Taxes, remuneration and social security | 45 | €2,850 | €5,068 | +€2,218 | +77.8% |
| Taxes | 450/3 | €2,850 | €5,068 | +€2,218 | +77.8% |
| Other amounts payable | 47/48 | - | €5,672 | +€5,672 | |
| Accrued charges and deferred income | 492/3 | €12,818 | - | -€12,818 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €510 | €15,463 | +€14,953 | +2,933% |
| Other operating charges | 640/8 | €387 | €2,903 | +€2,516 | +650% |
| Gross operating margin | 9900 | €29,207 | €37,999 | +€8,792 | +30.1% |
| Operating profit (loss) | 9901 | €28,309 | €19,633 | -€8,677 | -30.6% |
| Financial income | 75/76B | €71 | - | -€71 | |
| Recurring financial income | 75 | €71 | - | -€71 | |
| Financial charges | 65/66B | €72 | €112 | +€40 | +55.0% |
| Recurring financial charges | 65 | €72 | €112 | +€40 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | €28,308 | €19,521 | -€8,787 | -31.0% |
| Income taxes | 67/77 | €5,850 | €5,218 | -€632 | -10.8% |
| Profit (loss) for the period | 9904 | €22,458 | €14,302 | -€8,156 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,458 | €14,302 | -€8,156 | -36.3% |
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 23 October 2026 via checked.be.