RENARD ERIC: what changed
RENARD ERIC
Largest movements
- Tangible fixed assets -€7,128
down €7,128 (-74.6%), from €9,550 to €2,422
- Receivables after one year -€2,050
down €2,050 (-13.5%), from €15,165 to €13,114
- Receivables within one year +€889
up €889 (+9.3%), from €9,574 to €10,463
- Cash -€428
down €428 (-97.6%), from €438 to €11
mainly Current portion of long-term debt (-€5,108) and Debts after one year (-€2,705)
- Current portion of long-term debt -€5,108
down €5,108 (-65.4%), from €7,813 to €2,705
- Debts after one year -€2,705
down €2,705 (-100%), from €2,705 to €0
- Profit (loss) carried forward -€660
down €660 (-7.2%), from €9,175 to €8,515
- Trade debts -€428
down €428 (-20.5%), from €2,085 to €1,657
- Gross operating margin -€1,547
down €1,547 (-15.8%), from €9,775 to €8,228
- Financial charges -€667
down €667 (-51.4%), from €1,297 to €630
- Other operating charges -€210
down €210 (-11.3%), from €1,862 to €1,652
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 | €34,776 | €26,110 | -€8,667 | -24.9% |
| Fixed assets | 21/28 | €9,550 | €2,422 | -€7,128 | -74.6% |
| Tangible fixed assets | 22/27 | €9,550 | €2,422 | -€7,128 | -74.6% |
| Leasing and similar rights | 25 | €9,550 | €2,422 | -€7,128 | -74.6% |
| Current assets | 29/58 | €25,226 | €23,688 | -€1,538 | -6.1% |
| Amounts receivable after more than one year | 29 | €15,165 | €13,114 | -€2,050 | -13.5% |
| Other amounts receivable | 291 | €15,165 | €13,114 | -€2,050 | -13.5% |
| Amounts receivable within one year | 40/41 | €9,574 | €10,463 | +€889 | +9.3% |
| Trade receivables | 40 | €9,574 | €10,463 | +€889 | +9.3% |
| Cash at bank and in hand | 54/58 | €438 | €11 | -€428 | -97.6% |
| Deferred charges and accrued income | 490/1 | €49 | €100 | +€51 | +104% |
| Total equity and liabilities | 10/49 | €34,776 | €26,110 | -€8,667 | -24.9% |
| Equity | 10/15 | €17,235 | €16,575 | -€660 | -3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,175 | €8,515 | -€660 | -7.2% |
| Amounts payable | 17/49 | €17,541 | €9,535 | -€8,007 | -45.6% |
| Amounts payable after more than one year | 17 | €2,705 | €0 | -€2,705 | -100% |
| Financial debts | 170/4 | €2,705 | €0 | -€2,705 | -100% |
| Amounts payable within one year | 42/48 | €14,049 | €8,591 | -€5,458 | -38.8% |
| Current portion of amounts payable after more than one year | 42 | €7,813 | €2,705 | -€5,108 | -65.4% |
| Trade debts | 44 | €2,085 | €1,657 | -€428 | -20.5% |
| Suppliers | 440/4 | €2,085 | €1,657 | -€428 | -20.5% |
| Taxes, remuneration and social security | 45 | €4,151 | €4,229 | +€78 | +1.9% |
| Taxes | 450/3 | €4,151 | €4,229 | +€78 | +1.9% |
| Accrued charges and deferred income | 492/3 | €787 | €944 | +€156 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,128 | €7,128 | = | 0.0% |
| Other operating charges | 640/8 | €1,862 | €1,652 | -€210 | -11.3% |
| Gross operating margin | 9900 | €9,775 | €8,228 | -€1,547 | -15.8% |
| Operating profit (loss) | 9901 | €785 | -€552 | -€1,337 | |
| Financial income | 75/76B | €792 | €767 | -€25 | -3.2% |
| Recurring financial income | 75 | €792 | €767 | -€25 | -3.2% |
| Financial charges | 65/66B | €1,297 | €630 | -€667 | -51.4% |
| Recurring financial charges | 65 | €1,297 | €630 | -€667 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | €280 | -€415 | -€695 | |
| Income taxes | 67/77 | €225 | €245 | +€20 | +8.9% |
| Profit (loss) for the period | 9904 | €55 | -€660 | -€715 | |
| Profit (loss) for the period to be appropriated | 9905 | €55 | -€660 | -€715 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.