RENESSENCE GROUP: 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 GROUP
Largest movements
- Receivables within one year -€25,000
down €25,000 (-51.7%), from €48,373 to €23,373
of which Other amounts receivable: -€25,000
- Cash +€20,611
up €20,611 (+28.8%), from €71,591 to €92,202
mainly Net result for the year (+€37,545) and Accrued charges and deferred income (+€30,543)
- Debts after one year -€54,168
down €54,168 (-25.5%), from €212,142 to €157,974
- Reserves +€37,545
up €37,545 (+8.3%), from €453,794 to €491,339
of which Distributable reserves: +€37,545
- Accrued charges and deferred income +€30,543
up €30,543 (+474%), from €6,447 to €36,990
- Other debts -€27,819
down €27,819 (-3.4%), from €812,819 to €785,000
- Financial charges +€50,700
up €50,700 (+591%), from €8,583 to €59,282
- Gross operating margin -€33,689
down €33,689 (-14.2%), from €236,652 to €202,963
- Taxes -€23,924
down €23,924 (-63.4%), from €37,747 to €13,823
- Staff costs +€3,392
up €3,392 (+3.8%), from €88,832 to €92,224
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 | €1,957,783 | €1,954,217 | -€3,566 | -0.2% |
| Fixed assets | 21/28 | €1,837,619 | €1,837,619 | = | 0.0% |
| Financial fixed assets | 28 | €1,837,619 | €1,837,619 | = | 0.0% |
| Current assets | 29/58 | €120,165 | €116,598 | -€3,566 | -3.0% |
| Amounts receivable within one year | 40/41 | €48,373 | €23,373 | -€25,000 | -51.7% |
| Trade receivables | 40 | €20,873 | €20,873 | = | 0.0% |
| Other amounts receivable | 41 | €27,500 | €2,500 | -€25,000 | -90.9% |
| Cash at bank and in hand | 54/58 | €71,591 | €92,202 | +€20,611 | +28.8% |
| Deferred charges and accrued income | 490/1 | €202 | €1,024 | +€822 | +408% |
| Total equity and liabilities | 10/49 | €1,957,783 | €1,954,217 | -€3,566 | -0.2% |
| Equity | 10/15 | €786,794 | €824,339 | +€37,545 | +4.8% |
| Contributions | 10/11 | €333,000 | €333,000 | = | 0.0% |
| Capital | 10 | €333,000 | €333,000 | = | 0.0% |
| Issued capital | 100 | €333,000 | €333,000 | = | 0.0% |
| Reserves | 13 | €453,794 | €491,339 | +€37,545 | +8.3% |
| Non-distributable reserves | 130/1 | €33,300 | €33,300 | = | 0.0% |
| Legal reserve | 130 | €33,300 | €33,300 | = | 0.0% |
| Distributable reserves | 133 | €420,494 | €458,039 | +€37,545 | +8.9% |
| Amounts payable | 17/49 | €1,170,989 | €1,129,878 | -€41,111 | -3.5% |
| Amounts payable after more than one year | 17 | €212,142 | €157,974 | -€54,168 | -25.5% |
| Financial debts | 170/4 | €212,142 | €157,974 | -€54,168 | -25.5% |
| Amounts payable within one year | 42/48 | €952,400 | €934,914 | -€17,486 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €54,168 | €54,168 | = | 0.0% |
| Trade debts | 44 | €6,323 | €5,885 | -€438 | -6.9% |
| Suppliers | 440/4 | €6,323 | €5,885 | -€438 | -6.9% |
| Taxes, remuneration and social security | 45 | €79,090 | €89,861 | +€10,771 | +13.6% |
| Taxes | 450/3 | €61,248 | €71,443 | +€10,194 | +16.6% |
| Remuneration and social security | 454/9 | €17,842 | €18,418 | +€577 | +3.2% |
| Other amounts payable | 47/48 | €812,819 | €785,000 | -€27,819 | -3.4% |
| Accrued charges and deferred income | 492/3 | €6,447 | €36,990 | +€30,543 | +474% |
| Remuneration, social security and pensions | 62 | €88,832 | €92,224 | +€3,392 | +3.8% |
| Other operating charges | 640/8 | €1,194 | €1,226 | +€33 | +2.8% |
| Gross operating margin | 9900 | €236,652 | €202,963 | -€33,689 | -14.2% |
| Operating profit (loss) | 9901 | €146,626 | €109,513 | -€37,114 | -25.3% |
| Financial income | 75/76B | €202 | €1,137 | +€935 | +464% |
| Recurring financial income | 75 | €202 | €1,137 | +€935 | +464% |
| Financial charges | 65/66B | €8,583 | €59,282 | +€50,700 | +591% |
| Recurring financial charges | 65 | €8,583 | €59,282 | +€50,700 | +591% |
| Profit (loss) for the period before taxes | 9903 | €138,245 | €51,367 | -€86,878 | -62.8% |
| Income taxes | 67/77 | €37,747 | €13,823 | -€23,924 | -63.4% |
| Profit (loss) for the period | 9904 | €100,498 | €37,545 | -€62,954 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €100,498 | €37,545 | -€62,954 | -62.6% |
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 29 October 2026 via checked.be.