RENAULT KELMIS: 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.
RENAULT KELMIS
Largest movements
- Cash +€33,467
up €33,467 (+293.3%), from €11,411 to €44,878
mainly Depreciation (+€32,890) and Stocks and contracts (+€18,932)
- Tangible fixed assets +€19,201
up €19,201 (+5.1%), from €376,322 to €395,523
of which Plant, machinery and equipment: +€41,827
- Stocks and contracts -€18,932
down €18,932 (-11.4%), from €165,475 to €146,543
- Deferred charges and accrued income +€8,388
up €8,388 (+69.1%), from €12,139 to €20,527
- Debts after one year +€15,839
up €15,839 (+6.9%), from €229,852 to €245,691
- Tax, wage and social debts +€13,097
up €13,097 (+198.7%), from €6,591 to €19,689
of which Taxes: +€7,805
- Trade debts +€8,880
up €8,880 (+10.4%), from €85,624 to €94,504
- Accrued charges and deferred income +€7,158
up €7,158 (+168.2%), from €4,255 to €11,413
- Gross operating margin +€71,685
up €71,685 (+61.5%), from €116,597 to €188,282
- Staff costs +€51,273
up €51,273 (+116.3%), from €44,094 to €95,367
- Write-downs +€20,883
new in 2025: €20,883
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.
Cash bridge derived
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 | €608,117 | €653,849 | +€45,732 | +7.5% |
| Fixed assets | 21/28 | €376,502 | €397,204 | +€20,701 | +5.5% |
| Tangible fixed assets | 22/27 | €376,322 | €395,523 | +€19,201 | +5.1% |
| Land and buildings | 22 | €310,575 | €297,484 | -€13,092 | -4.2% |
| Plant, machinery and equipment | 23 | €51,473 | €93,300 | +€41,827 | +81.3% |
| Furniture and vehicles | 24 | €14,273 | €4,739 | -€9,534 | -66.8% |
| Financial fixed assets | 28 | €181 | €1,681 | +€1,500 | +830.7% |
| Current assets | 29/58 | €231,615 | €256,646 | +€25,031 | +10.8% |
| Stocks and contracts in progress | 3 | €165,475 | €146,543 | -€18,932 | -11.4% |
| Stocks | 30/36 | €165,475 | €146,543 | -€18,932 | -11.4% |
| Amounts receivable within one year | 40/41 | €42,591 | €44,699 | +€2,108 | +4.9% |
| Trade receivables | 40 | €40,245 | €42,846 | +€2,601 | +6.5% |
| Other amounts receivable | 41 | €2,346 | €1,853 | -€493 | -21.0% |
| Cash at bank and in hand | 54/58 | €11,411 | €44,878 | +€33,467 | +293.3% |
| Deferred charges and accrued income | 490/1 | €12,139 | €20,527 | +€8,388 | +69.1% |
| Total equity and liabilities | 10/49 | €608,117 | €653,849 | +€45,732 | +7.5% |
| Equity | 10/15 | €93,661 | €99,652 | +€5,991 | +6.4% |
| Contributions | 10/11 | €56,000 | €56,000 | = | 0.0% |
| Reserves | 13 | €7,855 | €7,855 | = | 0.0% |
| Distributable reserves | 133 | €7,855 | €7,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,620 | €31,799 | +€6,179 | +24.1% |
| Investment grants | 15 | €4,186 | €3,998 | -€188 | -4.5% |
| Amounts payable | 17/49 | €514,456 | €554,197 | +€39,741 | +7.7% |
| Amounts payable after more than one year | 17 | €229,852 | €245,691 | +€15,839 | +6.9% |
| Financial debts | 170/4 | €229,852 | €245,691 | +€15,839 | +6.9% |
| Amounts payable within one year | 42/48 | €280,349 | €297,093 | +€16,744 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €37,275 | €42,197 | +€4,922 | +13.2% |
| Financial debts | 43 | €130,084 | €125,000 | -€5,084 | -3.9% |
| Credit institutions | 430/8 | €130,084 | €125,000 | -€5,084 | -3.9% |
| Trade debts | 44 | €85,624 | €94,504 | +€8,880 | +10.4% |
| Suppliers | 440/4 | €85,624 | €94,504 | +€8,880 | +10.4% |
| Taxes, remuneration and social security | 45 | €6,591 | €19,689 | +€13,097 | +198.7% |
| Taxes | 450/3 | €2,471 | €10,276 | +€7,805 | +315.8% |
| Remuneration and social security | 454/9 | €4,120 | €9,413 | +€5,293 | +128.4% |
| Other amounts payable | 47/48 | €20,774 | €15,704 | -€5,070 | -24.4% |
| Accrued charges and deferred income | 492/3 | €4,255 | €11,413 | +€7,158 | +168.2% |
| Non-recurring operating income | 76A | €9,583 | €3,738 | -€5,844 | -61.0% |
| Remuneration, social security and pensions | 62 | €44,094 | €95,367 | +€51,273 | +116.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,115 | €32,890 | +€775 | +2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €20,883 | +€20,883 | |
| Other operating charges | 640/8 | €9,450 | €8,834 | -€615 | -6.5% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €116,597 | €188,282 | +€71,685 | +61.5% |
| Operating profit (loss) | 9901 | €30,938 | €30,307 | -€632 | -2.0% |
| Financial income | 75/76B | €1,105 | €269 | -€836 | -75.7% |
| Recurring financial income | 75 | €1,105 | €269 | -€836 | -75.7% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €19,985 | €21,678 | +€1,693 | +8.5% |
| Recurring financial charges | 65 | €19,985 | €21,678 | +€1,693 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €12,058 | €8,898 | -€3,160 | -26.2% |
| Income taxes | 67/77 | €4,184 | €2,719 | -€1,465 | -35.0% |
| Profit (loss) for the period | 9904 | €7,875 | €6,179 | -€1,696 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,875 | €6,179 | -€1,696 | -21.5% |
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 12 October 2026 via checked.be.