RenCo Koksijde: what changed
What changed
RenCo Koksijde
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€73,100
2024 · -€15,706-€57,395
Equity
-€201,230
2024 · -€128,129-€73,100
Cash
€1,926
2024 · €11,487-€9,561
Balance sheet total
€1.6m
2024 · €1.5m+€135,816
Largest movements
Assets
- Stocks and contracts +€176,723
up €176,723 (+12.2%), from €1.5m to €1.6m
- Receivables within one year -€31,096
down €31,096 (-100%), from €31,096 to €0
Equity and liabilities
- Short-term financial debts +€234,032
up €234,032 (+26.0%), from €899,424 to €1.1m
- Profit (loss) carried forward -€73,100
down €73,100 (-47.7%), from -€153,129 to -€226,230
- Trade debts -€31,063
down €31,063 (-76.1%), from €40,800 to €9,737
Income statement
- Gross operating margin -€95,068
down €95,068, from €60,687 to -€34,382
- Financial charges -€42,719
down €42,719 (-55.5%), from €77,011 to €34,292
- Other operating charges +€3,787
up €3,787 (+971%), from €390 to €4,177
- Financial income -€1,258
down €1,258 (-100%), from €1,258 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€15,706
Gross operating margin
-€95,068
Other operating charges
-€3,787
Financial income
-€1,258
Financial charges
+€42,719
Result 2025
-€73,100
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€243,593
Investment
€0
Financing
+€234,032
Cash 2024
€11,487
From operations (derived)
-€243,593
Net result for the year
-€73,100
Depreciation
+€250
Stocks and contracts
-€176,723
Receivables within one year
+€31,096
Trade debts
-€31,063
Tax, wage and social debts
+€47
Other debts
+€5,901
Financing
+€234,032
Short-term financial debts
+€234,032
Cash 2025
€1,926
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,495,554 | €1,631,370 | +€135,816 | +9.1% |
| Fixed assets | 21/28 | €813 | €563 | -€250 | -30.8% |
| Intangible fixed assets | 21 | €813 | €563 | -€250 | -30.8% |
| Current assets | 29/58 | €1,494,742 | €1,630,808 | +€136,066 | +9.1% |
| Stocks and contracts in progress | 3 | €1,452,159 | €1,628,882 | +€176,723 | +12.2% |
| Stocks | 30/36 | €1,452,159 | €1,628,882 | +€176,723 | +12.2% |
| Amounts receivable within one year | 40/41 | €31,096 | €0 | -€31,096 | -100% |
| Other amounts receivable | 41 | €31,096 | €0 | -€31,096 | -100% |
| Cash at bank and in hand | 54/58 | €11,487 | €1,926 | -€9,561 | -83.2% |
| Total equity and liabilities | 10/49 | €1,495,554 | €1,631,370 | +€135,816 | +9.1% |
| Equity | 10/15 | -€128,129 | -€201,230 | -€73,100 | -57.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€153,129 | -€226,230 | -€73,100 | -47.7% |
| Amounts payable | 17/49 | €1,623,684 | €1,832,600 | +€208,916 | +12.9% |
| Amounts payable within one year | 42/48 | €1,623,684 | €1,832,600 | +€208,916 | +12.9% |
| Financial debts | 43 | €899,424 | €1,133,456 | +€234,032 | +26.0% |
| Credit institutions | 430/8 | €899,424 | €1,133,456 | +€234,032 | +26.0% |
| Trade debts | 44 | €40,800 | €9,737 | -€31,063 | -76.1% |
| Suppliers | 440/4 | €40,800 | €9,737 | -€31,063 | -76.1% |
| Taxes, remuneration and social security | 45 | - | €47 | +€47 | |
| Taxes | 450/3 | - | €47 | +€47 | |
| Other amounts payable | 47/48 | €683,459 | €689,360 | +€5,901 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €250 | = | 0.0% |
| Other operating charges | 640/8 | €390 | €4,177 | +€3,787 | +971% |
| Gross operating margin | 9900 | €60,687 | -€34,382 | -€95,068 | |
| Operating profit (loss) | 9901 | €60,047 | -€38,809 | -€98,856 | |
| Financial income | 75/76B | €1,258 | €0 | -€1,258 | -100% |
| Recurring financial income | 75 | €1,258 | €0 | -€1,258 | -100% |
| Financial charges | 65/66B | €77,011 | €34,292 | -€42,719 | -55.5% |
| Recurring financial charges | 65 | €77,011 | €34,292 | -€42,719 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,706 | -€73,100 | -€57,395 | -365% |
| Profit (loss) for the period | 9904 | -€15,706 | -€73,100 | -€57,395 | -365% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,706 | -€73,100 | -€57,395 | -365% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.