Rencomms: 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.
Rencomms
Largest movements
- Cash +€13,260
up €13,260 (+139%), from €9,518 to €22,777
mainly Net result for the year (+€19,923) and Depreciation (+€5,152)
- Receivables after one year +€11,000
up €11,000 (+73.3%), from €15,000 to €26,000
- Deferred charges and accrued income -€3,654
down €3,654 (-72.0%), from €5,076 to €1,422
- Tangible fixed assets +€1,703
up €1,703 (+7.2%), from €23,656 to €25,359
of which Plant, machinery and equipment: +€3,457
- Reserves +€19,923
up €19,923 (+24.3%), from €81,965 to €101,888
- Trade debts +€1,892
up €1,892 (+284%), from €666 to €2,558
- Depreciation +€811
up €811 (+18.7%), from €4,341 to €5,152
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 | €101,458 | €121,893 | +€20,435 | +20.1% |
| Fixed assets | 21/28 | €24,513 | €25,359 | +€846 | +3.5% |
| Intangible fixed assets | 21 | €857 | €0 | -€857 | -100% |
| Tangible fixed assets | 22/27 | €23,656 | €25,359 | +€1,703 | +7.2% |
| Land and buildings | 22 | €20,369 | €18,001 | -€2,368 | -11.6% |
| Plant, machinery and equipment | 23 | €832 | €4,289 | +€3,457 | +415% |
| Furniture and vehicles | 24 | €2,456 | €3,070 | +€614 | +25.0% |
| Current assets | 29/58 | €76,944 | €96,533 | +€19,589 | +25.5% |
| Amounts receivable after more than one year | 29 | €15,000 | €26,000 | +€11,000 | +73.3% |
| Other amounts receivable | 291 | €15,000 | €26,000 | +€11,000 | +73.3% |
| Amounts receivable within one year | 40/41 | €47,351 | €46,334 | -€1,017 | -2.1% |
| Trade receivables | 40 | €45,102 | €44,170 | -€932 | -2.1% |
| Other amounts receivable | 41 | €2,249 | €2,164 | -€85 | -3.8% |
| Cash at bank and in hand | 54/58 | €9,518 | €22,777 | +€13,260 | +139% |
| Deferred charges and accrued income | 490/1 | €5,076 | €1,422 | -€3,654 | -72.0% |
| Total equity and liabilities | 10/49 | €101,458 | €121,893 | +€20,435 | +20.1% |
| Equity | 10/15 | €82,965 | €102,888 | +€19,923 | +24.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €81,965 | €101,888 | +€19,923 | +24.3% |
| Distributable reserves | 133 | €81,965 | €101,888 | +€19,923 | +24.3% |
| Amounts payable | 17/49 | €18,492 | €19,004 | +€512 | +2.8% |
| Amounts payable within one year | 42/48 | €18,099 | €19,004 | +€905 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €4,719 | €4,700 | -€18 | -0.4% |
| Trade debts | 44 | €666 | €2,558 | +€1,892 | +284% |
| Suppliers | 440/4 | €666 | €2,558 | +€1,892 | +284% |
| Taxes, remuneration and social security | 45 | €4,015 | €3,823 | -€192 | -4.8% |
| Taxes | 450/3 | €4,015 | €3,823 | -€192 | -4.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,700 | €7,924 | -€776 | -8.9% |
| Accrued charges and deferred income | 492/3 | €393 | €0 | -€393 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,341 | €5,152 | +€811 | +18.7% |
| Other operating charges | 640/8 | €272 | €144 | -€128 | -47.1% |
| Gross operating margin | 9900 | €34,723 | €34,719 | -€4 | 0.0% |
| Operating profit (loss) | 9901 | €30,110 | €29,423 | -€687 | -2.3% |
| Financial income | 75/76B | €459 | €679 | +€221 | +48.1% |
| Recurring financial income | 75 | €459 | €679 | +€221 | +48.1% |
| Financial charges | 65/66B | €2,638 | €2,352 | -€286 | -10.8% |
| Recurring financial charges | 65 | €2,638 | €2,352 | -€286 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €27,931 | €27,751 | -€180 | -0.6% |
| Income taxes | 67/77 | €7,767 | €7,828 | +€61 | +0.8% |
| Profit (loss) for the period | 9904 | €20,164 | €19,923 | -€241 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,164 | €19,923 | -€241 | -1.2% |
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 13 October 2026 via checked.be.