REN-ESSENCE: 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-ESSENCE
Largest movements
- Cash -€18,330
down €18,330 (-53.9%), from €34,012 to €15,682
mainly Investment in fixed assets (net) (-€30,346) and Other debts (-€13,620)
- Tangible fixed assets +€16,331
up €16,331 (+20.2%), from €80,932 to €97,264
of which Plant, machinery and equipment: +€17,842
- Trade debts +€13,842
up €13,842 (+6.7%), from €205,563 to €219,405
- Other debts -€13,620
down €13,620 (-9.1%), from €149,266 to €135,646
- Profit (loss) carried forward -€3,151
down €3,151 (-0.8%), from -€411,885 to -€415,037
- Turnover +€81,288
up €81,288 (+55.7%), from €145,960 to €227,248
- Purchases and services +€51,189
up €51,189 (+40.4%), from €126,796 to €177,985
- Gross operating margin +€29,890
up €29,890 (+154%), from €19,373 to €49,263
- Staff costs +€18,424
up €18,424 (+143%), from €12,913 to €31,337
- Other operating charges +€6,203
up €6,203 (+784%), from €791 to €6,995
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 | €114,944 | €112,946 | -€1,999 | -1.7% |
| Fixed assets | 21/28 | €80,932 | €97,264 | +€16,331 | +20.2% |
| Tangible fixed assets | 22/27 | €80,932 | €97,264 | +€16,331 | +20.2% |
| Plant, machinery and equipment | 23 | €76,708 | €94,549 | +€17,842 | +23.3% |
| Furniture and vehicles | 24 | €4,225 | €2,714 | -€1,511 | -35.8% |
| Current assets | 29/58 | €34,012 | €15,682 | -€18,330 | -53.9% |
| Cash at bank and in hand | 54/58 | €34,012 | €15,682 | -€18,330 | -53.9% |
| Total equity and liabilities | 10/49 | €114,944 | €112,946 | -€1,999 | -1.7% |
| Equity | 10/15 | -€393,285 | -€396,437 | -€3,151 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€411,885 | -€415,037 | -€3,151 | -0.8% |
| Amounts payable | 17/49 | €508,230 | €509,382 | +€1,153 | +0.2% |
| Amounts payable after more than one year | 17 | €142,849 | €142,849 | = | 0.0% |
| Financial debts | 170/4 | €142,849 | €142,849 | = | 0.0% |
| Amounts payable within one year | 42/48 | €365,380 | €366,533 | +€1,153 | +0.3% |
| Trade debts | 44 | €205,563 | €219,405 | +€13,842 | +6.7% |
| Suppliers | 440/4 | €205,563 | €219,405 | +€13,842 | +6.7% |
| Taxes, remuneration and social security | 45 | €10,550 | €11,481 | +€931 | +8.8% |
| Taxes | 450/3 | €8,422 | €8,013 | -€409 | -4.9% |
| Remuneration and social security | 454/9 | €2,129 | €3,468 | +€1,340 | +62.9% |
| Other amounts payable | 47/48 | €149,266 | €135,646 | -€13,620 | -9.1% |
| Turnover | 70 | €145,960 | €227,248 | +€81,288 | +55.7% |
| Non-recurring operating income | 76A | €9 | - | -€9 | |
| Goods, raw materials, services and sundry goods | 60/61 | €126,796 | €177,985 | +€51,189 | +40.4% |
| Remuneration, social security and pensions | 62 | €12,913 | €31,337 | +€18,424 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,111 | €14,015 | +€904 | +6.9% |
| Other operating charges | 640/8 | €791 | €6,995 | +€6,203 | +784% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €19,373 | €49,263 | +€29,890 | +154% |
| Operating profit (loss) | 9901 | -€7,443 | -€3,085 | +€4,358 | +58.5% |
| Financial charges | 65/66B | €54 | €57 | +€3 | +6.3% |
| Recurring financial charges | 65 | €54 | €57 | +€3 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,497 | -€3,142 | +€4,354 | +58.1% |
| Income taxes | 67/77 | - | €9 | +€9 | |
| Profit (loss) for the period | 9904 | -€7,497 | -€3,151 | +€4,345 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,497 | -€3,151 | +€4,345 | +58.0% |
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 14 October 2026 via checked.be.