Rendertime: 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.
Rendertime
Largest movements
- Receivables within one year +€2,527
up €2,527 (+22.0%), from €11,502 to €14,029
of which Trade receivables: +€3,654
- Cash +€185
up €185 (+10.2%), from €1,813 to €1,998
mainly Net result for the year (+€1,516) and Tax, wage and social debts (+€1,511)
- Profit (loss) carried forward +€1,516
up €1,516 (+59.3%), from €2,556 to €4,073
- Tax, wage and social debts +€1,511
up €1,511 (+175%), from €863 to €2,374
- Advances received -€889
down €889 (-100%), from €889 to €0
- Other debts +€853
up €853 (+125%), from €684 to €1,538
- Trade debts -€447
down €447 (-11.9%), from €3,763 to €3,317
- Gross operating margin +€2,511
up €2,511 (+912%), from €275 to €2,787
- Taxes +€487
up €487 (+1,417%), from €34 to €521
- Other operating charges +€324
up €324 (+507%), from €64 to €387
- Financial charges +€171
up €171 (+238%), from €72 to €243
- Financial income +€45
up €45 (+1,208%), from €4 to €49
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 | €14,756 | €17,301 | +€2,545 | +17.2% |
| Fixed assets | 21/28 | €1,441 | €1,274 | -€167 | -11.6% |
| Tangible fixed assets | 22/27 | €1,441 | €1,274 | -€167 | -11.6% |
| Other tangible fixed assets | 26 | €1,441 | €1,274 | -€167 | -11.6% |
| Current assets | 29/58 | €13,315 | €16,027 | +€2,712 | +20.4% |
| Amounts receivable within one year | 40/41 | €11,502 | €14,029 | +€2,527 | +22.0% |
| Trade receivables | 40 | €10,375 | €14,029 | +€3,654 | +35.2% |
| Other amounts receivable | 41 | €1,127 | €0 | -€1,127 | -100% |
| Cash at bank and in hand | 54/58 | €1,813 | €1,998 | +€185 | +10.2% |
| Total equity and liabilities | 10/49 | €14,756 | €17,301 | +€2,545 | +17.2% |
| Equity | 10/15 | €8,556 | €10,073 | +€1,516 | +17.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,556 | €4,073 | +€1,516 | +59.3% |
| Amounts payable | 17/49 | €6,200 | €7,228 | +€1,029 | +16.6% |
| Amounts payable within one year | 42/48 | €6,200 | €7,228 | +€1,029 | +16.6% |
| Trade debts | 44 | €3,763 | €3,317 | -€447 | -11.9% |
| Suppliers | 440/4 | €3,763 | €3,317 | -€447 | -11.9% |
| Advances received on contracts in progress | 46 | €889 | €0 | -€889 | -100% |
| Taxes, remuneration and social security | 45 | €863 | €2,374 | +€1,511 | +175% |
| Taxes | 450/3 | €863 | €2,374 | +€1,511 | +175% |
| Other amounts payable | 47/48 | €684 | €1,538 | +€853 | +125% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167 | €167 | = | 0.0% |
| Other operating charges | 640/8 | €64 | €387 | +€324 | +507% |
| Gross operating margin | 9900 | €275 | €2,787 | +€2,511 | +912% |
| Operating profit (loss) | 9901 | €44 | €2,232 | +€2,188 | +4,922% |
| Financial income | 75/76B | €4 | €49 | +€45 | +1,208% |
| Recurring financial income | 75 | €4 | €49 | +€45 | +1,208% |
| Financial charges | 65/66B | €72 | €243 | +€171 | +238% |
| Recurring financial charges | 65 | €72 | €243 | +€171 | +238% |
| Profit (loss) for the period before taxes | 9903 | -€24 | €2,037 | +€2,061 | |
| Income taxes | 67/77 | €34 | €521 | +€487 | +1,417% |
| Profit (loss) for the period | 9904 | -€58 | €1,516 | +€1,575 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58 | €1,516 | +€1,575 |
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 18 October 2026 via checked.be.