RENDASSUR: 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.
RENDASSUR
Largest movements
- Receivables within one year -€8,747
down €8,747 (-7.6%), from €115,259 to €106,512
of which Other amounts receivable: -€5,000
- Cash -€4,386
down €4,386 (-42.2%), from €10,384 to €5,998
mainly Short-term financial debts (-€7,500) and Tax, wage and social debts (-€4,345)
- Short-term financial debts -€7,500
down €7,500 (-7.5%), from €100,000 to €92,500
- Tax, wage and social debts -€4,345
down €4,345 (-48.2%), from €9,019 to €4,674
of which Taxes: -€4,169
- Profit (loss) carried forward -€2,883
down €2,883 (-83.8%), from €3,441 to €558
- Financial income -€11,361
down €11,361 (-99.8%), from €11,379 to €18
of which Non-recurring financial income: -€11,361
- Taxes -€2,567
down €2,567 (-89.7%), from €2,861 to €294
- Other operating charges +€1,860
up €1,860 (+98.4%), from €1,889 to €3,749
- Gross operating margin +€1,146
up €1,146 (+13.2%), from €8,677 to €9,823
- Financial charges +€351
up €351 (+4.4%), from €8,028 to €8,379
of which Non-recurring financial charges: +€650
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 | €130,588 | €117,722 | -€12,866 | -9.9% |
| Fixed assets | 21/28 | €4,289 | €3,999 | -€290 | -6.8% |
| Intangible fixed assets | 21 | €1,360 | €1,057 | -€303 | -22.2% |
| Financial fixed assets | 28 | €2,929 | €2,942 | +€12 | +0.4% |
| Current assets | 29/58 | €126,299 | €113,723 | -€12,576 | -10.0% |
| Amounts receivable within one year | 40/41 | €115,259 | €106,512 | -€8,747 | -7.6% |
| Trade receivables | 40 | €58,710 | €54,963 | -€3,747 | -6.4% |
| Other amounts receivable | 41 | €56,549 | €51,549 | -€5,000 | -8.8% |
| Cash at bank and in hand | 54/58 | €10,384 | €5,998 | -€4,386 | -42.2% |
| Deferred charges and accrued income | 490/1 | €656 | €1,212 | +€556 | +84.8% |
| Total equity and liabilities | 10/49 | €130,588 | €117,722 | -€12,866 | -9.9% |
| Equity | 10/15 | €17,146 | €14,262 | -€2,883 | -16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,504 | €7,504 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,504 | - | -€7,504 | |
| Reserves not available under the articles | 1311 | €7,504 | - | -€7,504 | |
| Distributable reserves | 133 | - | €7,504 | +€7,504 | |
| Profit (loss) carried forward | 14 | €3,441 | €558 | -€2,883 | -83.8% |
| Amounts payable | 17/49 | €113,442 | €103,459 | -€9,983 | -8.8% |
| Amounts payable within one year | 42/48 | €112,369 | €101,762 | -€10,607 | -9.4% |
| Financial debts | 43 | €100,000 | €92,500 | -€7,500 | -7.5% |
| Credit institutions | 430/8 | €100,000 | €92,500 | -€7,500 | -7.5% |
| Trade debts | 44 | €2,208 | €3,463 | +€1,255 | +56.8% |
| Suppliers | 440/4 | €2,208 | €3,463 | +€1,255 | +56.8% |
| Taxes, remuneration and social security | 45 | €9,019 | €4,674 | -€4,345 | -48.2% |
| Taxes | 450/3 | €7,292 | €3,122 | -€4,169 | -57.2% |
| Remuneration and social security | 454/9 | €1,727 | €1,551 | -€176 | -10.2% |
| Other amounts payable | 47/48 | €1,142 | €1,125 | -€16 | -1.4% |
| Accrued charges and deferred income | 492/3 | €1,073 | €1,697 | +€624 | +58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153 | €303 | +€150 | +97.8% |
| Other operating charges | 640/8 | €1,889 | €3,749 | +€1,860 | +98.4% |
| Gross operating margin | 9900 | €8,677 | €9,823 | +€1,146 | +13.2% |
| Operating profit (loss) | 9901 | €6,635 | €5,772 | -€863 | -13.0% |
| Financial income | 75/76B | €11,379 | €18 | -€11,361 | -99.8% |
| Recurring financial income | 75 | €17 | €18 | +€0 | +0.5% |
| Non-recurring financial income | 76B | €11,361 | - | -€11,361 | |
| Financial charges | 65/66B | €8,028 | €8,379 | +€351 | +4.4% |
| Recurring financial charges | 65 | €7,809 | €7,510 | -€299 | -3.8% |
| Non-recurring financial charges | 66B | €218 | €869 | +€650 | +297.8% |
| Profit (loss) for the period before taxes | 9903 | €9,986 | -€2,589 | -€12,575 | |
| Income taxes | 67/77 | €2,861 | €294 | -€2,567 | -89.7% |
| Profit (loss) for the period | 9904 | €7,125 | -€2,883 | -€10,009 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,125 | -€2,883 | -€10,009 |
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 7 October 2026 via checked.be.