RENCH: what changed
Two fiscal 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.
RENCH
Largest movements
- Receivables within one year +€1,880
up €1,880 (+2.6%), from €71,063 to €72,943
- Cash -€1,823
down €1,823 (-6.6%), from €27,832 to €26,009
mainly Net result for the year (-€1,897) and Receivables within one year (-€1,880)
- Other debts +€2,548
up €2,548 (+6.4%), from €39,526 to €42,073
- Profit (loss) carried forward -€1,897
down €1,897 (-4.3%), from -€44,540 to -€46,437
- Tax, wage and social debts -€1,626
down €1,626 (-79.3%), from €2,049 to €423
- Financial charges -€1,416
down €1,416 (-49.6%), from €2,857 to €1,441
- Gross operating margin +€741
up €741 (+19.9%), from -€3,726 to -€2,985
- Financial income +€298
up €298 (+13.4%), from €2,230 to €2,529
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 | €123,896 | €123,952 | +€56 | 0.0% |
| Current assets | 29/58 | €123,896 | €123,952 | +€56 | 0.0% |
| Amounts receivable within one year | 40/41 | €71,063 | €72,943 | +€1,880 | +2.6% |
| Other amounts receivable | 41 | €71,063 | €72,943 | +€1,880 | +2.6% |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,832 | €26,009 | -€1,823 | -6.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | -€0 | |
| Total equity and liabilities | 10/49 | €123,896 | €123,952 | +€56 | 0.0% |
| Equity | 10/15 | €82,320 | €80,423 | -€1,897 | -2.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €51,860 | €51,860 | = | 0.0% |
| Distributable reserves | 133 | €51,860 | €51,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,540 | -€46,437 | -€1,897 | -4.3% |
| Amounts payable | 17/49 | €41,575 | €43,528 | +€1,953 | +4.7% |
| Amounts payable within one year | 42/48 | €41,575 | €43,528 | +€1,953 | +4.7% |
| Trade debts | 44 | - | €1,032 | +€1,032 | |
| Suppliers | 440/4 | - | €1,032 | +€1,032 | |
| Taxes, remuneration and social security | 45 | €2,049 | €423 | -€1,626 | -79.3% |
| Taxes | 450/3 | €2,049 | €423 | -€1,626 | -79.3% |
| Other amounts payable | 47/48 | €39,526 | €42,073 | +€2,548 | +6.4% |
| Other operating charges | 640/8 | €29 | - | -€29 | |
| Gross operating margin | 9900 | -€3,726 | -€2,985 | +€741 | +19.9% |
| Operating profit (loss) | 9901 | -€3,755 | -€2,985 | +€770 | +20.5% |
| Financial income | 75/76B | €2,230 | €2,529 | +€298 | +13.4% |
| Recurring financial income | 75 | €2,230 | €2,529 | +€298 | +13.4% |
| Financial charges | 65/66B | €2,857 | €1,441 | -€1,416 | -49.6% |
| Recurring financial charges | 65 | €2,857 | €1,441 | -€1,416 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,381 | -€1,897 | +€2,484 | +56.7% |
| Profit (loss) for the period | 9904 | -€4,381 | -€1,897 | +€2,484 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,381 | -€1,897 | +€2,484 | +56.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.