RENA CONCEPT: what changed
Two fiscal 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.
RENA CONCEPT
Largest movements
- Receivables within one year +€47,522
up €47,522 (+41.0%), from €115,800 to €163,322
of which Other amounts receivable: +€35,025
- Cash -€39,517
down €39,517 (-87.3%), from €45,267 to €5,750
mainly Receivables within one year (-€47,522) and Trade debts (-€20,553)
- Tangible fixed assets -€8,134
down €8,134 (-8.8%), from €92,515 to €84,381
- Trade debts -€20,553
down €20,553 (-28.2%), from €72,971 to €52,418
of which Suppliers: -€18,439
- Tax, wage and social debts +€18,555
up €18,555 (+91.3%), from €20,314 to €38,869
of which Taxes: +€18,414
- Reserves +€6,000
up €6,000 (+5.7%), from €105,000 to €111,000
- Debts after one year -€4,038
down €4,038 (-6.3%), from €63,925 to €59,887
- Write-downs -€14,921
no longer reported in 2024 (was €14,921)
- Gross operating margin -€13,787
down €13,787 (-22.1%), from €62,467 to €48,680
- Staff costs +€1,378
up €1,378 (+7.1%), from €19,461 to €20,839
- Other operating charges -€1,280
down €1,280 (-24.1%), from €5,307 to €4,027
- Depreciation +€632
up €632 (+7.0%), from €9,067 to €9,699
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,695 | €274,450 | -€1,245 | -0.5% |
| Fixed assets | 21/28 | €112,596 | €104,462 | -€8,134 | -7.2% |
| Tangible fixed assets | 22/27 | €92,515 | €84,381 | -€8,134 | -8.8% |
| Land and buildings | 22 | €78,140 | €74,304 | -€3,836 | -4.9% |
| Plant, machinery and equipment | 23 | €7,572 | €5,892 | -€1,680 | -22.2% |
| Furniture and vehicles | 24 | €1,556 | €1,509 | -€47 | -3.0% |
| Other tangible fixed assets | 26 | €5,247 | €2,676 | -€2,571 | -49.0% |
| Financial fixed assets | 28 | €20,081 | €20,081 | = | 0.0% |
| Current assets | 29/58 | €163,099 | €169,988 | +€6,889 | +4.2% |
| Amounts receivable within one year | 40/41 | €115,800 | €163,322 | +€47,522 | +41.0% |
| Trade receivables | 40 | €100,917 | €113,414 | +€12,497 | +12.4% |
| Other amounts receivable | 41 | €14,883 | €49,908 | +€35,025 | +235.3% |
| Cash at bank and in hand | 54/58 | €45,267 | €5,750 | -€39,517 | -87.3% |
| Deferred charges and accrued income | 490/1 | €2,032 | €916 | -€1,116 | -54.9% |
| Total equity and liabilities | 10/49 | €275,695 | €274,450 | -€1,245 | -0.5% |
| Equity | 10/15 | €113,253 | €119,974 | +€6,721 | +5.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €105,000 | €111,000 | +€6,000 | +5.7% |
| Distributable reserves | 133 | €105,000 | €111,000 | +€6,000 | +5.7% |
| Profit (loss) carried forward | 14 | €193 | €914 | +€721 | +373.6% |
| Amounts payable | 17/49 | €162,442 | €154,476 | -€7,966 | -4.9% |
| Amounts payable after more than one year | 17 | €63,925 | €59,887 | -€4,038 | -6.3% |
| Financial debts | 170/4 | €63,925 | €59,887 | -€4,038 | -6.3% |
| Amounts payable within one year | 42/48 | €98,517 | €94,589 | -€3,928 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €3,369 | €3,302 | -€67 | -2.0% |
| Trade debts | 44 | €72,971 | €52,418 | -€20,553 | -28.2% |
| Suppliers | 440/4 | €49,400 | €30,961 | -€18,439 | -37.3% |
| Bills of exchange payable | 441 | €23,571 | €21,457 | -€2,114 | -9.0% |
| Taxes, remuneration and social security | 45 | €20,314 | €38,869 | +€18,555 | +91.3% |
| Taxes | 450/3 | €16,618 | €35,032 | +€18,414 | +110.8% |
| Remuneration and social security | 454/9 | €3,696 | €3,837 | +€141 | +3.8% |
| Other amounts payable | 47/48 | €1,863 | - | -€1,863 | |
| Remuneration, social security and pensions | 62 | €19,461 | €20,839 | +€1,378 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,067 | €9,699 | +€632 | +7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,921 | - | -€14,921 | |
| Other operating charges | 640/8 | €5,307 | €4,027 | -€1,280 | -24.1% |
| Gross operating margin | 9900 | €62,467 | €48,680 | -€13,787 | -22.1% |
| Operating profit (loss) | 9901 | €13,711 | €14,115 | +€404 | +2.9% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €4,886 | €5,399 | +€513 | +10.5% |
| Recurring financial charges | 65 | €4,886 | €5,399 | +€513 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €8,827 | €8,716 | -€111 | -1.3% |
| Income taxes | 67/77 | €2,329 | €1,995 | -€334 | -14.3% |
| Profit (loss) for the period | 9904 | €6,498 | €6,721 | +€223 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,498 | €6,721 | +€223 | +3.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.