RENAISSANCE INK MASTERS: what changed
RENAISSANCE INK MASTERS
Largest movements
- Receivables within one year +€3,776
up €3,776 (+44.8%), from €8,421 to €12,197
of which Other amounts receivable: +€5,080
- Cash -€572
down €572 (-13.1%), from €4,371 to €3,799
mainly Receivables within one year (-€3,776) and Trade debts (-€1,140)
- Profit (loss) carried forward +€3,323
up €3,323 (+31.5%), from -€10,536 to -€7,213
- Trade debts -€1,140
down €1,140 (-27.9%), from €4,091 to €2,952
of which Suppliers: -€1,380
- Tax, wage and social debts +€1,020
up €1,020 (+49.3%), from €2,071 to €3,092
- Turnover +€10,099
up €10,099 (+25.1%), from €40,250 to €50,349
- Purchases and services +€7,868
up €7,868 (+21.4%), from €36,837 to €44,705
- Gross operating margin +€2,231
up €2,231 (+65.4%), from €3,413 to €5,644
- Financial charges +€504
up €504 (+182%), from €276 to €780
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 | €15,803 | €19,007 | +€3,204 | +20.3% |
| Fixed assets | 21/28 | €3,011 | €3,011 | = | 0.0% |
| Tangible fixed assets | 22/27 | €11 | €11 | = | 0.0% |
| Plant, machinery and equipment | 23 | €11 | €11 | = | 0.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €12,792 | €15,996 | +€3,204 | +25.0% |
| Amounts receivable within one year | 40/41 | €8,421 | €12,197 | +€3,776 | +44.8% |
| Trade receivables | 40 | €2,201 | €898 | -€1,303 | -59.2% |
| Other amounts receivable | 41 | €6,219 | €11,299 | +€5,080 | +81.7% |
| Cash at bank and in hand | 54/58 | €4,371 | €3,799 | -€572 | -13.1% |
| Total equity and liabilities | 10/49 | €15,803 | €19,007 | +€3,204 | +20.3% |
| Equity | 10/15 | €9,640 | €12,963 | +€3,323 | +34.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €176 | €176 | = | 0.0% |
| Non-distributable reserves | 130/1 | €176 | €176 | = | 0.0% |
| Reserves not available under the articles | 1311 | €176 | €176 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,536 | -€7,213 | +€3,323 | +31.5% |
| Amounts payable | 17/49 | €6,163 | €6,044 | -€119 | -1.9% |
| Amounts payable within one year | 42/48 | €6,163 | €6,044 | -€119 | -1.9% |
| Trade debts | 44 | €4,091 | €2,952 | -€1,140 | -27.9% |
| Suppliers | 440/4 | €1,461 | €82 | -€1,380 | -94.4% |
| Bills of exchange payable | 441 | €2,630 | €2,870 | +€240 | +9.1% |
| Taxes, remuneration and social security | 45 | €2,071 | €3,092 | +€1,020 | +49.3% |
| Taxes | 450/3 | €2,071 | €3,092 | +€1,020 | +49.3% |
| Turnover | 70 | €40,250 | €50,349 | +€10,099 | +25.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,837 | €44,705 | +€7,868 | +21.4% |
| Other operating charges | 640/8 | €974 | €710 | -€264 | -27.1% |
| Gross operating margin | 9900 | €3,413 | €5,644 | +€2,231 | +65.4% |
| Operating profit (loss) | 9901 | €2,439 | €4,934 | +€2,495 | +102% |
| Financial charges | 65/66B | €276 | €780 | +€504 | +182% |
| Recurring financial charges | 65 | €276 | €780 | +€504 | +182% |
| Profit (loss) for the period before taxes | 9903 | €2,163 | €4,154 | +€1,992 | +92.1% |
| Income taxes | 67/77 | €429 | €831 | +€402 | +93.7% |
| Profit (loss) for the period | 9904 | €1,734 | €3,323 | +€1,590 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,734 | €3,323 | +€1,590 | +91.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.