REN & CO: 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.
REN & CO
Largest movements
- Receivables within one year -€51,820
down €51,820 (-71.4%), from €72,545 to €20,725
of which Trade receivables: -€51,567
- Stocks and contracts -€4,325
down €4,325 (-5.0%), from €86,100 to €81,775
- Trade debts -€41,366
down €41,366 (-66.5%), from €62,239 to €20,872
- Other debts -€14,836
down €14,836 (-83.4%), from €17,793 to €2,957
- Profit (loss) carried forward +€4,739
up €4,739 (+6.3%), from €75,431 to €80,169
- Tax, wage and social debts -€2,293
down €2,293 (-18.5%), from €12,422 to €10,129
of which Taxes: -€5,855
- Staff costs +€9,547
new in 2025: €9,547
- Gross operating margin +€7,841
up €7,841 (+66.6%), from €11,778 to €19,619
- Taxes -€3,452
down €3,452, from €2,562 to -€890
- Depreciation -€1,120
down €1,120 (-21.9%), from €5,108 to €3,988
- Other operating charges -€264
down €264 (-14.1%), from €1,876 to €1,612
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 | €189,945 | €134,687 | -€55,257 | -29.1% |
| Fixed assets | 21/28 | €7,335 | €7,543 | +€208 | +2.8% |
| Tangible fixed assets | 22/27 | €7,115 | €7,323 | +€208 | +2.9% |
| Furniture and vehicles | 24 | €7,115 | €7,323 | +€208 | +2.9% |
| Financial fixed assets | 28 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €182,609 | €127,144 | -€55,465 | -30.4% |
| Stocks and contracts in progress | 3 | €86,100 | €81,775 | -€4,325 | -5.0% |
| Stocks | 30/36 | €86,100 | €81,775 | -€4,325 | -5.0% |
| Amounts receivable within one year | 40/41 | €72,545 | €20,725 | -€51,820 | -71.4% |
| Trade receivables | 40 | €52,313 | €746 | -€51,567 | -98.6% |
| Other amounts receivable | 41 | €20,232 | €19,979 | -€252 | -1.2% |
| Cash at bank and in hand | 54/58 | €23,964 | €24,295 | +€331 | +1.4% |
| Deferred charges and accrued income | 490/1 | - | €348 | +€348 | |
| Total equity and liabilities | 10/49 | €189,945 | €134,687 | -€55,257 | -29.1% |
| Equity | 10/15 | €95,991 | €100,729 | +€4,739 | +4.9% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,431 | €80,169 | +€4,739 | +6.3% |
| Amounts payable | 17/49 | €93,954 | €33,958 | -€59,996 | -63.9% |
| Amounts payable within one year | 42/48 | €93,954 | €33,958 | -€59,996 | -63.9% |
| Trade debts | 44 | €62,239 | €20,872 | -€41,366 | -66.5% |
| Suppliers | 440/4 | €62,239 | €20,872 | -€41,366 | -66.5% |
| Advances received on contracts in progress | 46 | €1,500 | - | -€1,500 | |
| Taxes, remuneration and social security | 45 | €12,422 | €10,129 | -€2,293 | -18.5% |
| Taxes | 450/3 | €12,350 | €6,496 | -€5,855 | -47.4% |
| Remuneration and social security | 454/9 | €72 | €3,634 | +€3,562 | +4,938% |
| Other amounts payable | 47/48 | €17,793 | €2,957 | -€14,836 | -83.4% |
| Remuneration, social security and pensions | 62 | - | €9,547 | +€9,547 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,108 | €3,988 | -€1,120 | -21.9% |
| Other operating charges | 640/8 | €1,876 | €1,612 | -€264 | -14.1% |
| Gross operating margin | 9900 | €11,778 | €19,619 | +€7,841 | +66.6% |
| Operating profit (loss) | 9901 | €4,794 | €4,473 | -€322 | -6.7% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €691 | €624 | -€67 | -9.7% |
| Recurring financial charges | 65 | €691 | €624 | -€67 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €4,103 | €3,848 | -€255 | -6.2% |
| Income taxes | 67/77 | €2,562 | -€890 | -€3,452 | |
| Profit (loss) for the period | 9904 | €1,541 | €4,739 | +€3,198 | +208% |
| Profit (loss) for the period to be appropriated | 9905 | €1,541 | €4,739 | +€3,198 | +208% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.