RENAUD RONDEAUX: 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.
RENAUD RONDEAUX
Largest movements
- Tangible fixed assets -€13,806
down €13,806 (-17.2%), from €80,129 to €66,324
of which Furniture and vehicles: -€9,692
- Stocks and contracts -€5,820
down €5,820 (-27.1%), from €21,500 to €15,680
- Receivables within one year -€4,160
down €4,160 (-50.7%), from €8,201 to €4,041
of which Trade receivables: -€5,463
- Cash +€1,163
up €1,163 (+27.9%), from €4,175 to €5,338
mainly Depreciation (+€18,230) and Net result for the year (+€7,047)
- Debts after one year -€15,221
down €15,221 (-24.3%), from €62,745 to €47,524
- Trade debts -€7,749
no longer reported in 2025 (was €7,749)
- Reserves +€6,000
new in 2025: €6,000
- Other debts -€5,007
down €5,007 (-12.4%), from €40,484 to €35,477
- Current portion of long-term debt -€3,470
down €3,470 (-17.2%), from €20,228 to €16,758
- Turnover -€140,458
no longer reported in 2025 (was €140,458)
- Gross operating margin +€48,837
up €48,837 (+126%), from €38,802 to €87,639
- Staff costs +€33,880
up €33,880 (+131%), from €25,816 to €59,696
- Other operating charges -€3,741
down €3,741 (-82.3%), from €4,547 to €806
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 | €114,005 | €91,383 | -€22,622 | -19.8% |
| Fixed assets | 21/28 | €80,129 | €66,324 | -€13,806 | -17.2% |
| Tangible fixed assets | 22/27 | €80,129 | €66,324 | -€13,806 | -17.2% |
| Plant, machinery and equipment | 23 | €62,704 | €58,590 | -€4,114 | -6.6% |
| Furniture and vehicles | 24 | €17,425 | €7,733 | -€9,692 | -55.6% |
| Current assets | 29/58 | €33,876 | €25,059 | -€8,817 | -26.0% |
| Stocks and contracts in progress | 3 | €21,500 | €15,680 | -€5,820 | -27.1% |
| Stocks | 30/36 | €21,500 | €15,680 | -€5,820 | -27.1% |
| Amounts receivable within one year | 40/41 | €8,201 | €4,041 | -€4,160 | -50.7% |
| Trade receivables | 40 | €5,563 | €100 | -€5,463 | -98.2% |
| Other amounts receivable | 41 | €2,638 | €3,941 | +€1,303 | +49.4% |
| Cash at bank and in hand | 54/58 | €4,175 | €5,338 | +€1,163 | +27.9% |
| Total equity and liabilities | 10/49 | €114,005 | €91,383 | -€22,622 | -19.8% |
| Equity | 10/15 | -€18,606 | -€11,559 | +€7,047 | +37.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €6,000 | +€6,000 | |
| Distributable reserves | 133 | - | €6,000 | +€6,000 | |
| Profit (loss) carried forward | 14 | -€21,606 | -€20,559 | +€1,047 | +4.8% |
| Amounts payable | 17/49 | €132,612 | €102,942 | -€29,670 | -22.4% |
| Amounts payable after more than one year | 17 | €62,745 | €47,524 | -€15,221 | -24.3% |
| Financial debts | 170/4 | €62,745 | €47,524 | -€15,221 | -24.3% |
| Amounts payable within one year | 42/48 | €69,867 | €55,418 | -€14,449 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €20,228 | €16,758 | -€3,470 | -17.2% |
| Trade debts | 44 | €7,749 | - | -€7,749 | |
| Suppliers | 440/4 | €7,749 | - | -€7,749 | |
| Taxes, remuneration and social security | 45 | €1,406 | €3,183 | +€1,777 | +126% |
| Taxes | 450/3 | - | €1,669 | +€1,669 | |
| Remuneration and social security | 454/9 | €1,406 | €1,514 | +€108 | +7.7% |
| Other amounts payable | 47/48 | €40,484 | €35,477 | -€5,007 | -12.4% |
| Turnover | 70 | €140,458 | - | -€140,458 | |
| Remuneration, social security and pensions | 62 | €25,816 | €59,696 | +€33,880 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,263 | €18,230 | +€967 | +5.6% |
| Other operating charges | 640/8 | €4,547 | €806 | -€3,741 | -82.3% |
| Gross operating margin | 9900 | €38,802 | €87,639 | +€48,837 | +126% |
| Operating profit (loss) | 9901 | -€8,823 | €8,908 | +€17,731 | |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €192 | €475 | +€282 | +147% |
| Recurring financial charges | 65 | €192 | €475 | +€282 | +147% |
| Profit (loss) for the period before taxes | 9903 | -€9,015 | €8,447 | +€17,463 | |
| Income taxes | 67/77 | - | €1,400 | +€1,400 | |
| Profit (loss) for the period | 9904 | -€9,015 | €7,047 | +€16,063 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,015 | €7,047 | +€16,063 |
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 27 October 2026 via checked.be.