RENDERS MARIA: 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.
RENDERS MARIA
Largest movements
- Receivables within one year +€42,111
up €42,111 (+7.5%), from €559,581 to €601,692
of which Other amounts receivable: +€42,061
- Tangible fixed assets -€17,906
down €17,906 (-31.1%), from €57,572 to €39,665
- Trade debts +€15,887
up €15,887 (+12.3%), from €129,591 to €145,477
- Other debts +€10,716
up €10,716 (+5.4%), from €200,095 to €210,810
- Profit (loss) carried forward +€8,405
up €8,405 (+4.2%), from €200,026 to €208,432
- Tax, wage and social debts -€7,095
down €7,095 (-55.7%), from €12,740 to €5,645
- Write-downs -€20,377
down €20,377 (-100%), from €20,377 to €0
- Gross operating margin -€11,311
down €11,311 (-57.8%), from €19,565 to €8,254
- Taxes +€2,032
up €2,032 (+132%), from €1,543 to €3,575
- Financial charges +€994
up €994 (+14.0%), from €7,095 to €8,089
- Financial income -€557
down €557 (-1.8%), from €31,233 to €30,676
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 | €619,262 | €647,176 | +€27,913 | +4.5% |
| Fixed assets | 21/28 | €57,572 | €39,665 | -€17,906 | -31.1% |
| Tangible fixed assets | 22/27 | €57,572 | €39,665 | -€17,906 | -31.1% |
| Furniture and vehicles | 24 | €57,572 | €39,665 | -€17,906 | -31.1% |
| Current assets | 29/58 | €561,691 | €607,510 | +€45,820 | +8.2% |
| Amounts receivable within one year | 40/41 | €559,581 | €601,692 | +€42,111 | +7.5% |
| Trade receivables | 40 | €11,950 | €12,000 | +€50 | +0.4% |
| Other amounts receivable | 41 | €547,631 | €589,692 | +€42,061 | +7.7% |
| Cash at bank and in hand | 54/58 | €1,445 | €5,158 | +€3,713 | +257% |
| Deferred charges and accrued income | 490/1 | €664 | €660 | -€4 | -0.6% |
| Total equity and liabilities | 10/49 | €619,262 | €647,176 | +€27,913 | +4.5% |
| Equity | 10/15 | €276,838 | €285,243 | +€8,405 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,211 | €58,211 | = | 0.0% |
| Distributable reserves | 133 | €58,211 | €58,211 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200,026 | €208,432 | +€8,405 | +4.2% |
| Amounts payable | 17/49 | €342,425 | €361,933 | +€19,508 | +5.7% |
| Amounts payable within one year | 42/48 | €342,425 | €361,933 | +€19,508 | +5.7% |
| Trade debts | 44 | €129,591 | €145,477 | +€15,887 | +12.3% |
| Suppliers | 440/4 | €129,591 | €145,477 | +€15,887 | +12.3% |
| Taxes, remuneration and social security | 45 | €12,740 | €5,645 | -€7,095 | -55.7% |
| Taxes | 450/3 | €12,740 | €5,645 | -€7,095 | -55.7% |
| Other amounts payable | 47/48 | €200,095 | €210,810 | +€10,716 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,224 | €17,906 | -€318 | -1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,377 | €0 | -€20,377 | -100% |
| Other operating charges | 640/8 | €938 | €955 | +€17 | +1.8% |
| Gross operating margin | 9900 | €19,565 | €8,254 | -€11,311 | -57.8% |
| Operating profit (loss) | 9901 | -€19,974 | -€10,608 | +€9,366 | +46.9% |
| Financial income | 75/76B | €31,233 | €30,676 | -€557 | -1.8% |
| Recurring financial income | 75 | €31,233 | €30,676 | -€557 | -1.8% |
| Financial charges | 65/66B | €7,095 | €8,089 | +€994 | +14.0% |
| Recurring financial charges | 65 | €7,095 | €8,089 | +€994 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €4,164 | €11,980 | +€7,816 | +188% |
| Income taxes | 67/77 | €1,543 | €3,575 | +€2,032 | +132% |
| Profit (loss) for the period | 9904 | €2,621 | €8,405 | +€5,785 | +221% |
| Profit (loss) for the period to be appropriated | 9905 | €2,621 | €8,405 | +€5,785 | +221% |
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 30 October 2026 via checked.be.