RENAN: 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.
RENAN
Largest movements
- Receivables after one year +€10,490
up €10,490 (+11.5%), from €91,329 to €101,819
- Tangible fixed assets -€6,203
no longer reported in 2022 (was €6,203)
- Cash -€5,319
down €5,319 (-90.1%), from €5,904 to €585
mainly Receivables after one year (-€10,490) and Trade debts (-€5,032)
- Trade debts -€5,032
down €5,032 (-21.0%), from €24,019 to €18,987
- Profit (loss) carried forward +€4,457
up €4,457 (+6.8%), from -€65,496 to -€61,039
- Gross operating margin -€9,221
down €9,221 (-59.9%), from €15,388 to €6,167
- Other operating charges +€1,918
up €1,918 (+3836.3%), from €50 to €1,968
- Financial income +€894
up €894 (+15.5%), from €5,764 to €6,658
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,345 | €121,313 | -€1,032 | -0.8% |
| Fixed assets | 21/28 | €6,203 | - | -€6,203 | |
| Tangible fixed assets | 22/27 | €6,203 | - | -€6,203 | |
| Furniture and vehicles | 24 | €6,203 | - | -€6,203 | |
| Current assets | 29/58 | €116,142 | €121,313 | +€5,171 | +4.5% |
| Amounts receivable after more than one year | 29 | €91,329 | €101,819 | +€10,490 | +11.5% |
| Other amounts receivable | 291 | €91,329 | €101,819 | +€10,490 | +11.5% |
| Amounts receivable within one year | 40/41 | €18,910 | €18,910 | = | 0.0% |
| Trade receivables | 40 | €18,910 | €18,910 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,904 | €585 | -€5,319 | -90.1% |
| Total equity and liabilities | 10/49 | €122,345 | €121,313 | -€1,032 | -0.8% |
| Equity | 10/15 | -€40,079 | -€35,623 | +€4,457 | +11.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,825 | €6,825 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,825 | €6,825 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,496 | -€61,039 | +€4,457 | +6.8% |
| Provisions and deferred taxes | 16 | €136,425 | €136,425 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €136,425 | €136,425 | = | 0.0% |
| Pensions and similar obligations | 160 | €132,425 | €132,425 | = | 0.0% |
| Major repairs and maintenance | 162 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable | 17/49 | €26,000 | €20,511 | -€5,488 | -21.1% |
| Amounts payable within one year | 42/48 | €26,000 | €20,511 | -€5,488 | -21.1% |
| Trade debts | 44 | €24,019 | €18,987 | -€5,032 | -21.0% |
| Suppliers | 440/4 | €24,019 | €18,987 | -€5,032 | -21.0% |
| Taxes, remuneration and social security | 45 | €1,981 | €1,525 | -€456 | -23.0% |
| Taxes | 450/3 | €1,981 | €1,525 | -€456 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,203 | €6,203 | -€0 | 0.0% |
| Other operating charges | 640/8 | €50 | €1,968 | +€1,918 | +3836.3% |
| Gross operating margin | 9900 | €15,388 | €6,167 | -€9,221 | -59.9% |
| Operating profit (loss) | 9901 | €9,135 | -€2,004 | -€11,139 | |
| Financial income | 75/76B | €5,764 | €6,658 | +€894 | +15.5% |
| Recurring financial income | 75 | €5,764 | €6,658 | +€894 | +15.5% |
| Financial charges | 65/66B | €62 | €48 | -€15 | -23.7% |
| Recurring financial charges | 65 | €62 | €48 | -€15 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €14,837 | €4,606 | -€10,231 | -69.0% |
| Income taxes | 67/77 | €149 | €149 | = | 0.0% |
| Profit (loss) for the period | 9904 | €14,687 | €4,457 | -€10,231 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,687 | €4,457 | -€10,231 | -69.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.