RENCONTRES: 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.
RENCONTRES
Largest movements
- Cash +€86,465
up €86,465 (+20.1%), from €431,217 to €517,682
mainly Accrued charges and deferred income (+€117,055) and Depreciation (+€21,922)
- Receivables within one year +€18,542
up €18,542 (+130.0%), from €14,263 to €32,805
- Tangible fixed assets +€9,574
up €9,574 (+12.5%), from €76,363 to €85,937
of which Plant, machinery and equipment: +€15,119
- Accrued charges and deferred income +€117,055
up €117,055 (+727.7%), from €16,085 to €133,140
- Gross operating margin -€28,366
down €28,366 (-1.6%), from €1.7m to €1.7m
- Staff costs -€18,297
down €18,297 (-1.1%), from €1.7m to €1.7m
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 | €777,325 | €894,577 | +€117,252 | +15.1% |
| Fixed assets | 21/28 | €76,363 | €85,937 | +€9,574 | +12.5% |
| Tangible fixed assets | 22/27 | €76,363 | €85,937 | +€9,574 | +12.5% |
| Plant, machinery and equipment | 23 | €28,767 | €43,886 | +€15,119 | +52.6% |
| Furniture and vehicles | 24 | €47,596 | €42,051 | -€5,545 | -11.7% |
| Current assets | 29/58 | €700,962 | €808,640 | +€107,678 | +15.4% |
| Amounts receivable within one year | 40/41 | €14,263 | €32,805 | +€18,542 | +130.0% |
| Other amounts receivable | 41 | €14,263 | €32,805 | +€18,542 | +130.0% |
| Current investments | 50/53 | €242,917 | €246,804 | +€3,887 | +1.6% |
| Cash at bank and in hand | 54/58 | €431,217 | €517,682 | +€86,465 | +20.1% |
| Deferred charges and accrued income | 490/1 | €12,565 | €11,349 | -€1,216 | -9.7% |
| Total equity and liabilities | 10/49 | €777,325 | €894,577 | +€117,252 | +15.1% |
| Equity | 10/15 | €235,991 | €237,811 | +€1,820 | +0.8% |
| Contributions | 10/11 | €52,820 | €52,820 | = | 0.0% |
| Capital | 10 | €52,820 | €52,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,171 | €175,991 | +€4,820 | +2.8% |
| Investment grants | 15 | €12,000 | €9,000 | -€3,000 | -25.0% |
| Amounts payable | 17/49 | €541,334 | €656,766 | +€115,432 | +21.3% |
| Amounts payable after more than one year | 17 | €13,643 | €8,848 | -€4,795 | -35.1% |
| Financial debts | 170/4 | €13,643 | €8,848 | -€4,795 | -35.1% |
| Amounts payable within one year | 42/48 | €511,606 | €514,778 | +€3,172 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €4,613 | €4,795 | +€182 | +3.9% |
| Trade debts | 44 | €14,097 | €21,857 | +€7,760 | +55.0% |
| Suppliers | 440/4 | €14,097 | €21,857 | +€7,760 | +55.0% |
| Taxes, remuneration and social security | 45 | €249,759 | €254,993 | +€5,234 | +2.1% |
| Taxes | 450/3 | €43,364 | €36,586 | -€6,778 | -15.6% |
| Remuneration and social security | 454/9 | €206,395 | €218,407 | +€12,012 | +5.8% |
| Accrued charges and deferred income | 492/3 | €16,085 | €133,140 | +€117,055 | +727.7% |
| Non-recurring operating income | 76A | €1,002 | - | -€1,002 | |
| Remuneration, social security and pensions | 62 | €1,686,476 | €1,668,179 | -€18,297 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,104 | €21,922 | +€2,818 | +14.8% |
| Other operating charges | 640/8 | €3,193 | €1,871 | -€1,322 | -41.4% |
| Non-recurring operating charges | 66A | €1 | - | -€1 | |
| Gross operating margin | 9900 | €1,721,839 | €1,693,473 | -€28,366 | -1.6% |
| Operating profit (loss) | 9901 | €13,065 | €1,501 | -€11,564 | -88.5% |
| Financial income | 75/76B | €4,358 | €4,156 | -€202 | -4.6% |
| Recurring financial income | 75 | €4,358 | €4,156 | -€202 | -4.6% |
| Financial charges | 65/66B | €985 | €837 | -€148 | -15.0% |
| Recurring financial charges | 65 | €985 | €837 | -€148 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €16,438 | €4,820 | -€11,618 | -70.7% |
| Profit (loss) for the period | 9904 | €16,438 | €4,820 | -€11,618 | -70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,438 | €4,820 | -€11,618 | -70.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.