RENDERS & CO: 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.
RENDERS & CO
Largest movements
- Cash -€78,853
down €78,853 (-73.5%), from €107,238 to €28,385
mainly Net result for the year (-€105,059) and Debts after one year (-€58,056)
- Profit (loss) carried forward -€105,059
down €105,059 (-420.7%), from -€24,972 to -€130,031
- Other debts +€71,365
up €71,365 (+57.3%), from €124,555 to €195,920
- Debts after one year -€58,056
down €58,056 (-5.6%), from €1.0m to €971,540
- Gross operating margin -€196,390
down €196,390, from €184,500 to -€11,890
- Depreciation -€143,819
down €143,819 (-74.9%), from €192,021 to €48,201
- Financial charges +€19,485
up €19,485 (+99.8%), from €19,517 to €39,002
- Financial income -€4,125
down €4,125 (-91.2%), from €4,523 to €399
- Other operating charges +€2,617
up €2,617 (+73.4%), from €3,565 to €6,182
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 | €1,555,822 | €1,455,862 | -€99,960 | -6.4% |
| Fixed assets | 21/28 | €1,425,840 | €1,416,444 | -€9,396 | -0.7% |
| Tangible fixed assets | 22/27 | €1,425,840 | €1,416,444 | -€9,396 | -0.7% |
| Land and buildings | 22 | €1,380,230 | €1,375,934 | -€4,297 | -0.3% |
| Plant, machinery and equipment | 23 | €24,294 | €21,182 | -€3,112 | -12.8% |
| Furniture and vehicles | 24 | €10,516 | €8,528 | -€1,988 | -18.9% |
| Other tangible fixed assets | 26 | €10,800 | €10,800 | = | 0.0% |
| Current assets | 29/58 | €129,982 | €39,418 | -€90,564 | -69.7% |
| Amounts receivable after more than one year | 29 | €4,846 | €0 | -€4,846 | -100.0% |
| Other amounts receivable | 291 | €4,846 | €0 | -€4,846 | -100.0% |
| Amounts receivable within one year | 40/41 | €8,154 | €7,598 | -€556 | -6.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €8,154 | €7,598 | -€556 | -6.8% |
| Cash at bank and in hand | 54/58 | €107,238 | €28,385 | -€78,853 | -73.5% |
| Deferred charges and accrued income | 490/1 | €9,744 | €3,435 | -€6,309 | -64.7% |
| Total equity and liabilities | 10/49 | €1,555,822 | €1,455,862 | -€99,960 | -6.4% |
| Equity | 10/15 | €329,401 | €224,341 | -€105,059 | -31.9% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Reserves | 13 | €353,123 | €353,123 | = | 0.0% |
| Distributable reserves | 133 | €353,123 | €353,123 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,972 | -€130,031 | -€105,059 | -420.7% |
| Amounts payable | 17/49 | €1,226,422 | €1,231,521 | +€5,099 | +0.4% |
| Amounts payable after more than one year | 17 | €1,029,596 | €971,540 | -€58,056 | -5.6% |
| Financial debts | 170/4 | €1,029,596 | €971,540 | -€58,056 | -5.6% |
| Amounts payable within one year | 42/48 | €193,186 | €255,964 | +€62,778 | +32.5% |
| Current portion of amounts payable after more than one year | 42 | €56,101 | €58,056 | +€1,955 | +3.5% |
| Trade debts | 44 | €3,761 | €1,805 | -€1,956 | -52.0% |
| Suppliers | 440/4 | €3,761 | €1,805 | -€1,956 | -52.0% |
| Taxes, remuneration and social security | 45 | €8,770 | €183 | -€8,586 | -97.9% |
| Taxes | 450/3 | €6,554 | €183 | -€6,370 | -97.2% |
| Remuneration and social security | 454/9 | €2,216 | €0 | -€2,216 | -100.0% |
| Other amounts payable | 47/48 | €124,555 | €195,920 | +€71,365 | +57.3% |
| Accrued charges and deferred income | 492/3 | €3,640 | €4,017 | +€377 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192,021 | €48,201 | -€143,819 | -74.9% |
| Other operating charges | 640/8 | €3,565 | €6,182 | +€2,617 | +73.4% |
| Gross operating margin | 9900 | €184,500 | -€11,890 | -€196,390 | |
| Operating profit (loss) | 9901 | -€11,086 | -€66,273 | -€55,187 | -497.8% |
| Financial income | 75/76B | €4,523 | €399 | -€4,125 | -91.2% |
| Recurring financial income | 75 | €4,523 | €399 | -€4,125 | -91.2% |
| Financial charges | 65/66B | €19,517 | €39,002 | +€19,485 | +99.8% |
| Recurring financial charges | 65 | €19,517 | €39,002 | +€19,485 | +99.8% |
| Profit (loss) for the period before taxes | 9903 | -€26,079 | -€104,876 | -€78,797 | -302.1% |
| Income taxes | 67/77 | -€1,107 | €183 | +€1,291 | |
| Profit (loss) for the period | 9904 | -€24,972 | -€105,059 | -€80,087 | -320.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,972 | -€105,059 | -€80,087 | -320.7% |
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 6 October 2026 via checked.be.