RENESSENCE: 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.
RENESSENCE
Largest movements
- Receivables within one year -€5,861
down €5,861 (-26.3%), from €22,304 to €16,443
of which Other amounts receivable: -€10,286
- Tangible fixed assets -€2,732
down €2,732 (-30.4%), from €8,988 to €6,256
- Deferred charges and accrued income +€750
new in 2025: €750
- Stocks and contracts +€706
up €706 (+77.5%), from €912 to €1,618
- Profit (loss) carried forward -€8,615
down €8,615 (-54.5%), from -€15,794 to -€24,409
- Trade debts +€5,351
up €5,351 (+40.1%), from €13,329 to €18,680
- Debts after one year -€2,342
down €2,342 (-31.6%), from €7,408 to €5,066
- Accrued charges and deferred income -€1,000
down €1,000 (-100.0%), from €1,000 to €0
- Tax, wage and social debts -€568
down €568 (-15.7%), from €3,624 to €3,056
- Gross operating margin -€2,099
down €2,099 (-251.1%), from -€836 to -€2,935
- Financial charges -€1,479
down €1,479 (-44.4%), from €3,333 to €1,855
- Financial income +€1,068
up €1,068 (+17805.7%), from €6 to €1,074
- Other operating charges +€817
up €817 (+68.8%), from €1,187 to €2,004
- Depreciation -€115
down €115 (-4.1%), from €2,848 to €2,733
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 | €34,758 | €27,511 | -€7,247 | -20.9% |
| Fixed assets | 21/28 | €9,773 | €7,041 | -€2,732 | -28.0% |
| Tangible fixed assets | 22/27 | €8,988 | €6,256 | -€2,732 | -30.4% |
| Plant, machinery and equipment | 23 | €8,988 | €6,256 | -€2,732 | -30.4% |
| Financial fixed assets | 28 | €785 | €785 | = | 0.0% |
| Current assets | 29/58 | €24,985 | €20,470 | -€4,515 | -18.1% |
| Stocks and contracts in progress | 3 | €912 | €1,618 | +€706 | +77.5% |
| Stocks | 30/36 | €912 | €1,618 | +€706 | +77.5% |
| Amounts receivable within one year | 40/41 | €22,304 | €16,443 | -€5,861 | -26.3% |
| Trade receivables | 40 | €2,427 | €6,852 | +€4,425 | +182.3% |
| Other amounts receivable | 41 | €19,877 | €9,591 | -€10,286 | -51.7% |
| Cash at bank and in hand | 54/58 | €1,769 | €1,659 | -€110 | -6.2% |
| Deferred charges and accrued income | 490/1 | - | €750 | +€750 | |
| Total equity and liabilities | 10/49 | €34,758 | €27,511 | -€7,247 | -20.9% |
| Equity | 10/15 | €4,611 | -€4,004 | -€8,615 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,794 | -€24,409 | -€8,615 | -54.5% |
| Amounts payable | 17/49 | €30,147 | €31,515 | +€1,368 | +4.5% |
| Amounts payable after more than one year | 17 | €7,408 | €5,066 | -€2,342 | -31.6% |
| Financial debts | 170/4 | €7,408 | €5,066 | -€2,342 | -31.6% |
| Amounts payable within one year | 42/48 | €21,739 | €26,449 | +€4,710 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €2,286 | €2,342 | +€56 | +2.5% |
| Trade debts | 44 | €13,329 | €18,680 | +€5,351 | +40.1% |
| Suppliers | 440/4 | €13,329 | €18,680 | +€5,351 | +40.1% |
| Taxes, remuneration and social security | 45 | €3,624 | €3,056 | -€568 | -15.7% |
| Taxes | 450/3 | €3,624 | €3,056 | -€568 | -15.7% |
| Other amounts payable | 47/48 | €2,500 | €2,371 | -€129 | -5.1% |
| Accrued charges and deferred income | 492/3 | €1,000 | €0 | -€1,000 | -100.0% |
| Non-recurring operating income | 76A | - | €4,442 | +€4,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,848 | €2,733 | -€115 | -4.1% |
| Other operating charges | 640/8 | €1,187 | €2,004 | +€817 | +68.8% |
| Gross operating margin | 9900 | -€836 | -€2,935 | -€2,099 | -251.1% |
| Operating profit (loss) | 9901 | -€4,871 | -€7,672 | -€2,801 | -57.5% |
| Financial income | 75/76B | €6 | €1,074 | +€1,068 | +17805.7% |
| Recurring financial income | 75 | €6 | €1,074 | +€1,068 | +17805.7% |
| Financial charges | 65/66B | €3,333 | €1,855 | -€1,479 | -44.4% |
| Recurring financial charges | 65 | €3,333 | €1,855 | -€1,479 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,198 | -€8,452 | -€254 | -3.1% |
| Income taxes | 67/77 | €152 | €164 | +€12 | +7.7% |
| Profit (loss) for the period | 9904 | -€8,350 | -€8,615 | -€265 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,350 | -€8,615 | -€265 | -3.2% |
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 11 October 2026 via checked.be.