RENDAC UDES: 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.
What changed
RENDAC UDES
NACE 38.110, Waste collection, recovery and disposal activities
financial year 2026 compared with 2024filed annual accounts (NBB)
Net result for the year
€611,874
2024 · €177,552+€434,322
Equity
€5.8m
2024 · €5.2m+€611,874
Cash
€165
2024 · €549-€384
Balance sheet total
€9.2m
2024 · €16.2m-€7.0m
Largest movements
Assets
- Receivables within one year -€7.0m
down €7.0m (-43.4%), from €16.1m to €9.1m
of which Other amounts receivable: -€8.3m
Equity and liabilities
- Other debts -€8.0m
down €8.0m (-100.0%), from €8.0m to €759
- Profit (loss) carried forward +€611,874
up €611,874 (+15.2%), from €4.0m to €4.6m
- Trade debts +€375,673
up €375,673 (+12.6%), from €3.0m to €3.4m
Income statement
- Goods and materials +€1.5m
up €1.5m (+13.6%), from €11.2m to €12.7m
of which Purchases: +€1.5m
- Services and other goods -€1.3m
down €1.3m (-73.1%), from €1.7m to €467,307
- Turnover +€954,818
up €954,818 (+7.4%), from €12.8m to €13.8m
- Financial income -€291,263
down €291,263 (-53.0%), from €549,745 to €258,481
- Write-downs -€165,718
down €165,718, from €106,953 to -€58,764
From the 2024 result to the 2026 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.
Result 2024
€177,552
Turnover
+€954,818
Other operating income
+€12,214
Goods and materials
-€1.5m
Services and other goods
+€1.3m
Staff costs
-€3,612
Depreciation
+€4,055
Write-downs
+€165,718
Other operating charges
-€639
Financial income
-€291,263
Financial charges
-€88
Taxes
-€144,758
Result 2026
€611,874
raises the resultlowers the result
Derived cash bridge
Derived from the 2024 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€384
Investment
€0
Financing
€0
Cash 2024
€549
From operations (derived)
-€384
Net result for the year
+€611,874
Depreciation
+€9,360
Smaller working-capital items
+€184
Receivables within one year
+€7.0m
Trade debts
+€375,673
Other debts
-€8.0m
Cash 2026
€165
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,199,237 | €9,187,995 | -€7.0m | -43.3% |
| Fixed assets | 21/28 | €69,588 | €60,229 | -€9,360 | -13.4% |
| Tangible fixed assets | 22/27 | €69,101 | €59,742 | -€9,360 | -13.5% |
| Land and buildings | 22 | €42,146 | €37,367 | -€4,779 | -11.3% |
| Plant, machinery and equipment | 23 | €26,955 | €22,375 | -€4,580 | -17.0% |
| Financial fixed assets | 28 | €487 | €487 | = | 0.0% |
| Affiliated companies | 280/1 | €62 | €62 | = | 0.0% |
| Participating interests | 280 | €62 | €62 | = | 0.0% |
| Other financial fixed assets | 284/8 | €425 | €425 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €425 | €425 | = | 0.0% |
| Current assets | 29/58 | €16,129,648 | €9,127,766 | -€7.0m | -43.4% |
| Stocks and contracts in progress | 3 | €1,007 | €624 | -€383 | -38.0% |
| Stocks | 30/36 | €1,007 | €624 | -€383 | -38.0% |
| Raw materials and consumables | 30/31 | €1,007 | €624 | -€383 | -38.0% |
| Amounts receivable within one year | 40/41 | €16,125,944 | €9,124,013 | -€7.0m | -43.4% |
| Trade receivables | 40 | €2,828,137 | €4,163,401 | +€1.3m | +47.2% |
| Other amounts receivable | 41 | €13,297,808 | €4,960,612 | -€8.3m | -62.7% |
| Cash at bank and in hand | 54/58 | €549 | €165 | -€384 | -69.9% |
| Deferred charges and accrued income | 490/1 | €2,147 | €2,963 | +€816 | +38.0% |
| Total equity and liabilities | 10/49 | €16,199,237 | €9,187,995 | -€7.0m | -43.3% |
| Equity | 10/15 | €5,203,344 | €5,815,219 | +€611,874 | +11.8% |
| Contributions | 10/11 | €1,016,385 | €1,016,385 | = | 0.0% |
| Reserves | 13 | €156,434 | €156,434 | = | 0.0% |
| Non-distributable reserves | 130/1 | €156,434 | €156,434 | = | 0.0% |
| Reserves not available under the articles | 1311 | €156,434 | €156,434 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,030,525 | €4,642,400 | +€611,874 | +15.2% |
| Amounts payable | 17/49 | €10,995,892 | €3,372,776 | -€7.6m | -69.3% |
| Amounts payable within one year | 42/48 | €10,995,038 | €3,372,776 | -€7.6m | -69.3% |
| Trade debts | 44 | €2,983,142 | €3,358,815 | +€375,673 | +12.6% |
| Suppliers | 440/4 | €2,983,142 | €3,358,815 | +€375,673 | +12.6% |
| Taxes, remuneration and social security | 45 | €11,731 | €13,202 | +€1,471 | +12.5% |
| Taxes | 450/3 | €2,293 | €2,379 | +€87 | +3.8% |
| Remuneration and social security | 454/9 | €9,438 | €10,823 | +€1,384 | +14.7% |
| Other amounts payable | 47/48 | €8,000,165 | €759 | -€8.0m | -100.0% |
| Accrued charges and deferred income | 492/3 | €855 | - | -€855 | |
| Operating income | 70/76A | €12,822,259 | €13,789,290 | +€967,031 | +7.5% |
| Turnover | 70 | €12,822,005 | €13,776,823 | +€954,818 | +7.4% |
| Other operating income | 74 | €254 | €12,468 | +€12,214 | +4,812% |
| Operating charges | 60/66A | €13,134,602 | €13,231,202 | +€96,600 | +0.7% |
| Goods for resale, raw materials and consumables | 60 | €11,207,888 | €12,737,335 | +€1.5m | +13.6% |
| Purchases | 600/8 | €11,207,100 | €12,736,952 | +€1.5m | +13.7% |
| Change in stocks: decrease (increase) | 609 | €788 | €383 | -€405 | -51.4% |
| Services and other goods | 61 | €1,734,632 | €467,307 | -€1.3m | -73.1% |
| Remuneration, social security and pensions | 62 | €63,569 | €67,181 | +€3,612 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,415 | €9,360 | -€4,055 | -30.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €106,953 | -€58,764 | -€165,718 | |
| Other operating charges | 640/8 | €8,144 | €8,783 | +€639 | +7.8% |
| Operating profit (loss) | 9901 | -€312,343 | €558,089 | +€870,431 | |
| Financial income | 75/76B | €549,745 | €258,481 | -€291,263 | -53.0% |
| Recurring financial income | 75 | €549,745 | €258,481 | -€291,263 | -53.0% |
| Income from current assets | 751 | €544,594 | €257,858 | -€286,735 | -52.7% |
| Other financial income | 752/9 | €5,151 | €623 | -€4,528 | -87.9% |
| Financial charges | 65/66B | €309 | €397 | +€88 | +28.7% |
| Recurring financial charges | 65 | €309 | €397 | +€88 | +28.7% |
| Other financial charges | 652/9 | €309 | €397 | +€88 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €237,094 | €816,173 | +€579,080 | +244% |
| Income taxes | 67/77 | €59,541 | €204,299 | +€144,758 | +243% |
| Taxes | 670/3 | €59,598 | €204,299 | +€144,701 | +243% |
| Tax adjustments and reversals of tax provisions | 77 | €57 | - | -€57 | |
| Profit (loss) for the period | 9904 | €177,552 | €611,874 | +€434,322 | +245% |
| Profit (loss) for the period to be appropriated | 9905 | €177,552 | €611,874 | +€434,322 | +245% |
Source: filed annual accounts (NBB), financial years ended 28 December 2024 and 3 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.