RENAULT SERAING: 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 SERAING
Largest movements
- Receivables within one year -€733,600
down €733,600 (-32.5%), from €2.3m to €1.5m
of which Trade receivables: -€745,694
- Cash -€131,646
down €131,646 (-96.3%), from €136,753 to €5,107
mainly Other debts (-€658,918) and Trade debts (-€547,456)
- Stocks and contracts -€116,384
down €116,384 (-20.6%), from €565,418 to €449,034
- Tangible fixed assets -€103,290
down €103,290 (-11.5%), from €895,032 to €791,742
of which Land and buildings: -€82,258
- Deferred charges and accrued income -€64,446
down €64,446 (-47.6%), from €135,413 to €70,967
- Other debts -€658,918
down €658,918 (-59.4%), from €1.1m to €449,806
- Trade debts -€547,456
down €547,456 (-51.8%), from €1.1m to €510,226
- Profit (loss) carried forward +€208,058
up €208,058 (+962%), from €21,631 to €229,689
- Tax, wage and social debts -€93,002
down €93,002 (-45.3%), from €205,078 to €112,076
of which Taxes: -€47,534
- Short-term financial debts -€52,620
down €52,620 (-42.8%), from €122,910 to €70,290
- Taxes +€76,285
up €76,285, from -€31,231 to €45,054
- Gross operating margin +€72,479
up €72,479 (+5.8%), from €1.3m to €1.3m
- Financial income -€68,457
down €68,457 (-48.4%), from €141,356 to €72,899
- Provisions +€13,680
no longer reported in 2025 (was -€13,680)
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 | €3,996,707 | €2,847,341 | -€1.1m | -28.8% |
| Fixed assets | 21/28 | €899,877 | €796,587 | -€103,290 | -11.5% |
| Tangible fixed assets | 22/27 | €895,032 | €791,742 | -€103,290 | -11.5% |
| Land and buildings | 22 | €859,705 | €777,447 | -€82,258 | -9.6% |
| Plant, machinery and equipment | 23 | €9,531 | €8,843 | -€688 | -7.2% |
| Furniture and vehicles | 24 | €7,836 | €5,452 | -€2,384 | -30.4% |
| Assets under construction and advance payments | 27 | €17,960 | - | -€17,960 | |
| Financial fixed assets | 28 | €4,845 | €4,845 | = | 0.0% |
| Current assets | 29/58 | €3,096,831 | €2,050,755 | -€1.0m | -33.8% |
| Stocks and contracts in progress | 3 | €565,418 | €449,034 | -€116,384 | -20.6% |
| Stocks | 30/36 | €565,418 | €449,034 | -€116,384 | -20.6% |
| Amounts receivable within one year | 40/41 | €2,259,247 | €1,525,647 | -€733,600 | -32.5% |
| Trade receivables | 40 | €1,055,245 | €309,551 | -€745,694 | -70.7% |
| Other amounts receivable | 41 | €1,204,002 | €1,216,096 | +€12,094 | +1.0% |
| Cash at bank and in hand | 54/58 | €136,753 | €5,107 | -€131,646 | -96.3% |
| Deferred charges and accrued income | 490/1 | €135,413 | €70,967 | -€64,446 | -47.6% |
| Total equity and liabilities | 10/49 | €3,996,707 | €2,847,341 | -€1.1m | -28.8% |
| Equity | 10/15 | €1,499,040 | €1,704,944 | +€205,904 | +13.7% |
| Contributions | 10/11 | €668,250 | €668,250 | = | 0.0% |
| Capital | 10 | €668,250 | €668,250 | = | 0.0% |
| Issued capital | 100 | €668,250 | €668,250 | = | 0.0% |
| Reserves | 13 | €796,583 | €796,583 | = | 0.0% |
| Non-distributable reserves | 130/1 | €66,825 | €66,825 | = | 0.0% |
| Legal reserve | 130 | €66,825 | €66,825 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,758 | €29,758 | = | 0.0% |
| Distributable reserves | 133 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,631 | €229,689 | +€208,058 | +962% |
| Investment grants | 15 | €12,576 | €10,422 | -€2,154 | -17.1% |
| Amounts payable | 17/49 | €2,497,667 | €1,142,398 | -€1.4m | -54.3% |
| Amounts payable within one year | 42/48 | €2,494,394 | €1,142,398 | -€1.4m | -54.2% |
| Financial debts | 43 | €122,910 | €70,290 | -€52,620 | -42.8% |
| Credit institutions | 430/8 | €122,910 | €70,290 | -€52,620 | -42.8% |
| Trade debts | 44 | €1,057,681 | €510,226 | -€547,456 | -51.8% |
| Suppliers | 440/4 | €1,057,681 | €510,226 | -€547,456 | -51.8% |
| Taxes, remuneration and social security | 45 | €205,078 | €112,076 | -€93,002 | -45.3% |
| Taxes | 450/3 | €66,490 | €18,956 | -€47,534 | -71.5% |
| Remuneration and social security | 454/9 | €138,588 | €93,120 | -€45,468 | -32.8% |
| Other amounts payable | 47/48 | €1,108,724 | €449,806 | -€658,918 | -59.4% |
| Accrued charges and deferred income | 492/3 | €3,273 | - | -€3,273 | |
| Remuneration, social security and pensions | 62 | €830,488 | €828,119 | -€2,369 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,544 | €88,506 | +€11,962 | +15.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,232 | €1,644 | -€1,588 | -49.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€13,680 | - | +€13,680 | |
| Other operating charges | 640/8 | €17,794 | €21,175 | +€3,381 | +19.0% |
| Gross operating margin | 9900 | €1,255,599 | €1,328,078 | +€72,479 | +5.8% |
| Operating profit (loss) | 9901 | €341,221 | €388,634 | +€47,413 | +13.9% |
| Financial income | 75/76B | €141,356 | €72,899 | -€68,457 | -48.4% |
| Recurring financial income | 75 | €141,356 | €72,899 | -€68,457 | -48.4% |
| Financial charges | 65/66B | €5,456 | €8,422 | +€2,966 | +54.4% |
| Recurring financial charges | 65 | €5,456 | €8,422 | +€2,966 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | €477,122 | €453,112 | -€24,011 | -5.0% |
| Income taxes | 67/77 | -€31,231 | €45,054 | +€76,285 | |
| Profit (loss) for the period | 9904 | €508,354 | €408,058 | -€100,296 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €508,354 | €408,058 | -€100,296 | -19.7% |
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 14 October 2026 via checked.be.