Renaissance 66: 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.
Renaissance 66
Largest movements
- Stocks and contracts -€233,487
no longer reported in 2025 (was €233,487)
- Cash +€61,244
up €61,244 (+197%), from €31,141 to €92,385
mainly Stocks and contracts (+€233,487) and Receivables within one year (+€9,997)
- Receivables within one year -€9,997
down €9,997 (-99.8%), from €10,016 to €19
of which Trade receivables: -€10,000
- Current portion of long-term debt -€121,000
no longer reported in 2025 (was €121,000)
- Trade debts -€54,831
down €54,831 (-94.1%), from €58,256 to €3,426
- Profit (loss) carried forward -€5,099
down €5,099 (-95.0%), from -€5,367 to -€10,466
- Other debts -€3,303
down €3,303 (-3.3%), from €99,050 to €95,747
- Financial charges +€2,237
up €2,237 (+66.9%), from €3,347 to €5,584
- Gross operating margin +€1,387
up €1,387, from -€902 to €485
- Depreciation -€1,171
no longer reported in 2025 (was €1,171)
- Financial income -€53
down €53 (-99.9%), from €53 to €0
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 | €274,756 | €92,520 | -€182,236 | -66.3% |
| Current assets | 29/58 | €274,756 | €92,520 | -€182,236 | -66.3% |
| Stocks and contracts in progress | 3 | €233,487 | - | -€233,487 | |
| Stocks | 30/36 | €233,487 | - | -€233,487 | |
| Amounts receivable within one year | 40/41 | €10,016 | €19 | -€9,997 | -99.8% |
| Trade receivables | 40 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €16 | €19 | +€3 | +21.9% |
| Cash at bank and in hand | 54/58 | €31,141 | €92,385 | +€61,244 | +197% |
| Deferred charges and accrued income | 490/1 | €112 | €116 | +€4 | +3.3% |
| Total equity and liabilities | 10/49 | €274,756 | €92,520 | -€182,236 | -66.3% |
| Equity | 10/15 | -€4,367 | -€9,466 | -€5,099 | -117% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,367 | -€10,466 | -€5,099 | -95.0% |
| Amounts payable | 17/49 | €279,122 | €101,985 | -€177,137 | -63.5% |
| Amounts payable within one year | 42/48 | €279,122 | €101,985 | -€177,137 | -63.5% |
| Current portion of amounts payable after more than one year | 42 | €121,000 | - | -€121,000 | |
| Trade debts | 44 | €58,256 | €3,426 | -€54,831 | -94.1% |
| Suppliers | 440/4 | €58,256 | €3,426 | -€54,831 | -94.1% |
| Taxes, remuneration and social security | 45 | €816 | €2,813 | +€1,997 | +245% |
| Taxes | 450/3 | €816 | €2,813 | +€1,997 | +245% |
| Other amounts payable | 47/48 | €99,050 | €95,747 | -€3,303 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,171 | - | -€1,171 | |
| Gross operating margin | 9900 | -€902 | €485 | +€1,387 | |
| Operating profit (loss) | 9901 | -€2,073 | €485 | +€2,559 | |
| Financial income | 75/76B | €53 | €0 | -€53 | -99.9% |
| Recurring financial income | 75 | €53 | €0 | -€53 | -99.9% |
| Financial charges | 65/66B | €3,347 | €5,584 | +€2,237 | +66.9% |
| Recurring financial charges | 65 | €3,347 | €5,584 | +€2,237 | +66.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,367 | -€5,099 | +€268 | +5.0% |
| Profit (loss) for the period | 9904 | -€5,367 | -€5,099 | +€268 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,367 | -€5,099 | +€268 | +5.0% |
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 13 October 2026 via checked.be.