OA RENOSOL: what changed
OA RENOSOL
Largest movements
- Receivables within one year +€99,141
up €99,141 (+19.9%), from €497,601 to €596,742
of which Trade receivables: +€95,781
- Tangible fixed assets -€29,233
down €29,233 (-24.9%), from €117,322 to €88,089
of which Furniture and vehicles: -€26,098
- Cash +€25,683
up €25,683 (+55.0%), from €46,720 to €72,403
mainly Net result for the year (+€153,311) and Depreciation (+€49,129)
- Profit (loss) carried forward +€153,311
up €153,311 (+68.2%), from €224,848 to €378,159
- Debts after one year -€71,021
down €71,021 (-42.6%), from €166,719 to €95,698
- Tax, wage and social debts +€36,517
up €36,517 (+48.7%), from €74,994 to €111,511
of which Taxes: +€46,268
- Trade debts -€16,502
down €16,502 (-16.0%), from €103,386 to €86,883
- Gross operating margin +€206,578
up €206,578 (+43.5%), from €474,517 to €681,096
- Staff costs +€97,702
up €97,702 (+31.8%), from €307,629 to €405,331
- Taxes +€48,311
up €48,311 (+790%), from €6,114 to €54,426
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 | €662,385 | €757,532 | +€95,147 | +14.4% |
| Fixed assets | 21/28 | €117,322 | €88,089 | -€29,233 | -24.9% |
| Tangible fixed assets | 22/27 | €117,322 | €88,089 | -€29,233 | -24.9% |
| Plant, machinery and equipment | 23 | €7,524 | €4,389 | -€3,135 | -41.7% |
| Furniture and vehicles | 24 | €109,797 | €83,700 | -€26,098 | -23.8% |
| Current assets | 29/58 | €545,064 | €669,444 | +€124,380 | +22.8% |
| Amounts receivable within one year | 40/41 | €497,601 | €596,742 | +€99,141 | +19.9% |
| Trade receivables | 40 | €340,158 | €435,939 | +€95,781 | +28.2% |
| Other amounts receivable | 41 | €157,443 | €160,803 | +€3,359 | +2.1% |
| Cash at bank and in hand | 54/58 | €46,720 | €72,403 | +€25,683 | +55.0% |
| Deferred charges and accrued income | 490/1 | €742 | €298 | -€444 | -59.8% |
| Total equity and liabilities | 10/49 | €662,385 | €757,532 | +€95,147 | +14.4% |
| Equity | 10/15 | €239,108 | €392,419 | +€153,311 | +64.1% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €224,848 | €378,159 | +€153,311 | +68.2% |
| Amounts payable | 17/49 | €423,277 | €365,113 | -€58,164 | -13.7% |
| Amounts payable after more than one year | 17 | €166,719 | €95,698 | -€71,021 | -42.6% |
| Financial debts | 170/4 | €166,719 | €95,698 | -€71,021 | -42.6% |
| Amounts payable within one year | 42/48 | €256,558 | €269,415 | +€12,857 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €78,179 | €71,021 | -€7,158 | -9.2% |
| Trade debts | 44 | €103,386 | €86,883 | -€16,502 | -16.0% |
| Suppliers | 440/4 | €103,386 | €86,883 | -€16,502 | -16.0% |
| Taxes, remuneration and social security | 45 | €74,994 | €111,511 | +€36,517 | +48.7% |
| Taxes | 450/3 | €36,915 | €83,183 | +€46,268 | +125% |
| Remuneration and social security | 454/9 | €38,079 | €28,328 | -€9,751 | -25.6% |
| Remuneration, social security and pensions | 62 | €307,629 | €405,331 | +€97,702 | +31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,906 | €49,129 | +€3,224 | +7.0% |
| Other operating charges | 640/8 | €9,900 | €9,089 | -€811 | -8.2% |
| Non-recurring operating charges | 66A | €1,179 | - | -€1,179 | |
| Gross operating margin | 9900 | €474,517 | €681,096 | +€206,578 | +43.5% |
| Operating profit (loss) | 9901 | €109,904 | €217,547 | +€107,642 | +97.9% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.5% |
| Financial charges | 65/66B | €12,769 | €9,810 | -€2,959 | -23.2% |
| Recurring financial charges | 65 | €12,769 | €9,810 | -€2,959 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €97,138 | €207,737 | +€110,599 | +114% |
| Income taxes | 67/77 | €6,114 | €54,426 | +€48,311 | +790% |
| Profit (loss) for the period | 9904 | €91,023 | €153,311 | +€62,288 | +68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,023 | €153,311 | +€62,288 | +68.4% |
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 3 November 2026 via checked.be.