Renergy: 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.
Renergy
Largest movements
- Cash -€569,114
down €569,114 (-71.9%), from €791,169 to €222,054
mainly Investment in fixed assets (net) (-€633,974) and Stocks and contracts (-€186,213)
- Financial fixed assets +€424,637
up €424,637 (+77.2%), from €550,221 to €974,858
- Receivables after one year -€275,000
down €275,000 (-100.0%), from €275,000 to €0
- Stocks and contracts +€186,213
up €186,213 (+162.1%), from €114,847 to €301,060
- Intangible fixed assets +€157,291
up €157,291 (+103.3%), from €152,230 to €309,521
- Trade debts +€210,749
up €210,749 (+139.8%), from €150,707 to €361,457
- Profit (loss) carried forward -€159,526
down €159,526 (-96.9%), from -€164,609 to -€324,135
- Debts after one year -€109,165
down €109,165 (-16.3%), from €667,859 to €558,693
- Tax, wage and social debts -€100,985
down €100,985 (-73.3%), from €137,730 to €36,745
of which Taxes: -€119,181
- Staff costs +€123,460
up €123,460 (+662.5%), from €18,636 to €142,096
- Depreciation +€29,023
up €29,023 (+83.3%), from €34,833 to €63,856
- Gross operating margin +€25,538
up €25,538 (+44.7%), from €57,150 to €82,687
- Financial income +€8,321
up €8,321 (+483.9%), from €1,719 to €10,040
- Financial charges +€5,160
up €5,160 (+12.7%), from €40,487 to €45,648
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 | €2,227,137 | €2,073,919 | -€153,218 | -6.9% |
| Fixed assets | 21/28 | €760,890 | €1,331,008 | +€570,118 | +74.9% |
| Intangible fixed assets | 21 | €152,230 | €309,521 | +€157,291 | +103.3% |
| Tangible fixed assets | 22/27 | €58,439 | €46,629 | -€11,810 | -20.2% |
| Plant, machinery and equipment | 23 | €54,316 | €39,784 | -€14,532 | -26.8% |
| Furniture and vehicles | 24 | €4,123 | €6,845 | +€2,721 | +66.0% |
| Financial fixed assets | 28 | €550,221 | €974,858 | +€424,637 | +77.2% |
| Current assets | 29/58 | €1,466,247 | €742,911 | -€723,336 | -49.3% |
| Amounts receivable after more than one year | 29 | €275,000 | €0 | -€275,000 | -100.0% |
| Other amounts receivable | 291 | €275,000 | €0 | -€275,000 | -100.0% |
| Stocks and contracts in progress | 3 | €114,847 | €301,060 | +€186,213 | +162.1% |
| Stocks | 30/36 | €114,847 | €301,060 | +€186,213 | +162.1% |
| Amounts receivable within one year | 40/41 | €280,493 | €204,454 | -€76,039 | -27.1% |
| Trade receivables | 40 | €280,493 | €204,454 | -€76,039 | -27.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €791,169 | €222,054 | -€569,114 | -71.9% |
| Deferred charges and accrued income | 490/1 | €4,738 | €15,342 | +€10,605 | +223.8% |
| Total equity and liabilities | 10/49 | €2,227,137 | €2,073,919 | -€153,218 | -6.9% |
| Equity | 10/15 | €1,212,932 | €1,053,405 | -€159,526 | -13.2% |
| Contributions | 10/11 | €1,377,541 | €1,377,541 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,609 | -€324,135 | -€159,526 | -96.9% |
| Amounts payable | 17/49 | €1,014,205 | €1,020,513 | +€6,308 | +0.6% |
| Amounts payable after more than one year | 17 | €667,859 | €558,693 | -€109,165 | -16.3% |
| Financial debts | 170/4 | €667,859 | €558,693 | -€109,165 | -16.3% |
| Amounts payable within one year | 42/48 | €344,390 | €460,117 | +€115,727 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €55,952 | €61,915 | +€5,963 | +10.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €150,707 | €361,457 | +€210,749 | +139.8% |
| Suppliers | 440/4 | €150,707 | €361,457 | +€210,749 | +139.8% |
| Taxes, remuneration and social security | 45 | €137,730 | €36,745 | -€100,985 | -73.3% |
| Taxes | 450/3 | €133,564 | €14,383 | -€119,181 | -89.2% |
| Remuneration and social security | 454/9 | €4,167 | €22,363 | +€18,196 | +436.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,956 | €1,702 | -€254 | -13.0% |
| Remuneration, social security and pensions | 62 | €18,636 | €142,096 | +€123,460 | +662.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,833 | €63,856 | +€29,023 | +83.3% |
| Other operating charges | 640/8 | €418 | €520 | +€102 | +24.3% |
| Gross operating margin | 9900 | €57,150 | €82,687 | +€25,538 | +44.7% |
| Operating profit (loss) | 9901 | €3,263 | -€123,785 | -€127,048 | |
| Financial income | 75/76B | €1,719 | €10,040 | +€8,321 | +483.9% |
| Recurring financial income | 75 | €1,719 | €10,040 | +€8,321 | +483.9% |
| Financial charges | 65/66B | €40,487 | €45,648 | +€5,160 | +12.7% |
| Recurring financial charges | 65 | €40,487 | €45,648 | +€5,160 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€35,505 | -€159,393 | -€123,888 | -348.9% |
| Income taxes | 67/77 | - | €134 | +€134 | |
| Profit (loss) for the period | 9904 | -€35,505 | -€159,526 | -€124,022 | -349.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,505 | -€159,526 | -€124,022 | -349.3% |
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 12 October 2026 via checked.be.