RENAS: 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.
RENAS
Largest movements
- Stocks and contracts +€44,880
up €44,880 (+78.5%), from €57,142 to €102,022
- Cash +€35,598
up €35,598 (+23.4%), from €152,333 to €187,931
mainly Trade debts (+€58,180) and Net result for the year (+€21,578)
- Receivables within one year +€9,693
up €9,693 (+10.3%), from €93,668 to €103,361
of which Other amounts receivable: +€32,847
- Deferred charges and accrued income +€4,064
up €4,064 (+429%), from €947 to €5,011
- Trade debts +€58,180
up €58,180 (+30.8%), from €188,890 to €247,070
- Profit (loss) carried forward +€21,578
up €21,578 (+40.5%), from €53,229 to €74,807
- Other debts +€7,200
up €7,200 (+238%), from €3,026 to €10,226
- Tax, wage and social debts +€4,496
up €4,496 (+10.4%), from €43,323 to €47,819
of which Taxes: +€2,759
- Staff costs +€11,035
up €11,035 (+9.1%), from €120,867 to €131,902
- Gross operating margin +€9,593
up €9,593 (+5.9%), from €162,860 to €172,453
- Other operating charges -€3,493
down €3,493 (-47.5%), from €7,357 to €3,864
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €309,053 | €400,381 | +€91,328 | +29.6% |
| Fixed assets | 21/28 | €4,964 | €2,056 | -€2,908 | -58.6% |
| Tangible fixed assets | 22/27 | €4,119 | €1,211 | -€2,908 | -70.6% |
| Furniture and vehicles | 24 | €4,119 | €1,211 | -€2,908 | -70.6% |
| Financial fixed assets | 28 | €845 | €845 | = | 0.0% |
| Current assets | 29/58 | €304,089 | €398,324 | +€94,236 | +31.0% |
| Stocks and contracts in progress | 3 | €57,142 | €102,022 | +€44,880 | +78.5% |
| Stocks | 30/36 | €57,142 | €102,022 | +€44,880 | +78.5% |
| Amounts receivable within one year | 40/41 | €93,668 | €103,361 | +€9,693 | +10.3% |
| Trade receivables | 40 | €38,205 | €15,050 | -€23,155 | -60.6% |
| Other amounts receivable | 41 | €55,463 | €88,310 | +€32,847 | +59.2% |
| Cash at bank and in hand | 54/58 | €152,333 | €187,931 | +€35,598 | +23.4% |
| Deferred charges and accrued income | 490/1 | €947 | €5,011 | +€4,064 | +429% |
| Total equity and liabilities | 10/49 | €309,053 | €400,381 | +€91,328 | +29.6% |
| Equity | 10/15 | €73,689 | €95,267 | +€21,578 | +29.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,229 | €74,807 | +€21,578 | +40.5% |
| Amounts payable | 17/49 | €235,364 | €305,114 | +€69,750 | +29.6% |
| Amounts payable within one year | 42/48 | €235,239 | €305,114 | +€69,875 | +29.7% |
| Trade debts | 44 | €188,890 | €247,070 | +€58,180 | +30.8% |
| Suppliers | 440/4 | €188,890 | €247,070 | +€58,180 | +30.8% |
| Taxes, remuneration and social security | 45 | €43,323 | €47,819 | +€4,496 | +10.4% |
| Taxes | 450/3 | €23,688 | €26,446 | +€2,759 | +11.6% |
| Remuneration and social security | 454/9 | €19,635 | €21,372 | +€1,737 | +8.8% |
| Other amounts payable | 47/48 | €3,026 | €10,226 | +€7,200 | +238% |
| Accrued charges and deferred income | 492/3 | €125 | - | -€125 | |
| Remuneration, social security and pensions | 62 | €120,867 | €131,902 | +€11,035 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,908 | €2,908 | = | 0.0% |
| Other operating charges | 640/8 | €7,357 | €3,864 | -€3,493 | -47.5% |
| Gross operating margin | 9900 | €162,860 | €172,453 | +€9,593 | +5.9% |
| Operating profit (loss) | 9901 | €31,729 | €33,780 | +€2,051 | +6.5% |
| Financial income | 75/76B | €218 | - | -€218 | |
| Recurring financial income | 75 | €218 | - | -€218 | |
| Financial charges | 65/66B | €1,896 | €1,662 | -€234 | -12.3% |
| Recurring financial charges | 65 | €1,896 | €1,662 | -€234 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €30,051 | €32,118 | +€2,067 | +6.9% |
| Income taxes | 67/77 | €10,570 | €10,540 | -€30 | -0.3% |
| Profit (loss) for the period | 9904 | €19,482 | €21,578 | +€2,096 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,482 | €21,578 | +€2,096 | +10.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.