RENARDMONT: 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.
RENARDMONT
Largest movements
- Receivables within one year +€64,970
up €64,970 (+12.4%), from €522,272 to €587,242
of which Trade receivables: +€36,000
- Cash -€54,186
down €54,186 (-41.5%), from €130,484 to €76,298
mainly Receivables within one year (-€64,970) and Deferred charges and accrued income (-€4,509)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€11,749
down €11,749, from €10,065 to -€1,685
- Taxes -€2,010
down €2,010 (-48.7%), from €4,129 to €2,118
- Financial income +€569
up €569 (+5.7%), from €10,010 to €10,579
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 | €1,902,856 | €1,918,149 | +€15,293 | +0.8% |
| Fixed assets | 21/28 | €1,250,000 | €1,250,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,250,000 | €1,250,000 | = | 0.0% |
| Current assets | 29/58 | €652,856 | €668,149 | +€15,293 | +2.3% |
| Amounts receivable within one year | 40/41 | €522,272 | €587,242 | +€64,970 | +12.4% |
| Trade receivables | 40 | €0 | €36,000 | +€36,000 | |
| Other amounts receivable | 41 | €522,272 | €551,242 | +€28,970 | +5.5% |
| Cash at bank and in hand | 54/58 | €130,484 | €76,298 | -€54,186 | -41.5% |
| Deferred charges and accrued income | 490/1 | €100 | €4,609 | +€4,509 | +4,509% |
| Total equity and liabilities | 10/49 | €1,902,856 | €1,918,149 | +€15,293 | +0.8% |
| Equity | 10/15 | €1,864,791 | €1,870,341 | +€5,551 | +0.3% |
| Contributions | 10/11 | €1,856,000 | €1,856,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,791 | €14,341 | +€5,551 | +63.1% |
| Amounts payable | 17/49 | €38,066 | €47,808 | +€9,742 | +25.6% |
| Amounts payable within one year | 42/48 | €38,066 | €47,808 | +€9,742 | +25.6% |
| Trade debts | 44 | €33,937 | €41,561 | +€7,624 | +22.5% |
| Suppliers | 440/4 | €33,937 | €41,561 | +€7,624 | +22.5% |
| Taxes, remuneration and social security | 45 | €4,129 | €6,247 | +€2,118 | +51.3% |
| Taxes | 450/3 | €4,129 | €6,247 | +€2,118 | +51.3% |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Gross operating margin | 9900 | €10,065 | -€1,685 | -€11,749 | |
| Operating profit (loss) | 9901 | €9,035 | -€2,745 | -€11,780 | |
| Financial income | 75/76B | €10,010 | €10,579 | +€569 | +5.7% |
| Recurring financial income | 75 | €10,010 | €10,579 | +€569 | +5.7% |
| Financial charges | 65/66B | €124 | €164 | +€40 | +32.6% |
| Recurring financial charges | 65 | €124 | €164 | +€40 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €18,921 | €7,669 | -€11,252 | -59.5% |
| Income taxes | 67/77 | €4,129 | €2,118 | -€2,010 | -48.7% |
| Profit (loss) for the period | 9904 | €14,792 | €5,551 | -€9,241 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,792 | €5,551 | -€9,241 | -62.5% |
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 23 October 2026 via checked.be.