Renga Projects & Consulting: what changed
Renga Projects & Consulting
Largest movements
- Cash -€108,580
down €108,580 (-99.3%), from €109,355 to €775
mainly Current investments (-€70,000) and Investment in fixed assets (net) (-€36,528)
- Current investments +€70,000
new in 2025: €70,000
- Tangible fixed assets +€35,861
new in 2025: €35,861
- Receivables within one year +€1,605
up €1,605 (+128%), from €1,257 to €2,862
of which Trade receivables: +€2,500
- Reserves -€10,423
down €10,423 (-11.5%), from €90,842 to €80,419
of which Distributable reserves: -€10,423
- Tax, wage and social debts +€9,018
up €9,018 (+830%), from €1,086 to €10,104
of which Remuneration and social security: +€6,481
- Staff costs +€53,882
new in 2025: €53,882
- Gross operating margin +€40,060
up €40,060 (+1,333%), from €3,005 to €43,065
- Taxes -€2,124
down €2,124, from €1,805 to -€318
- Depreciation +€667
new in 2025: €667
- Financial income -€647
down €647 (-27.0%), from €2,397 to €1,750
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,612 | €109,498 | -€1,113 | -1.0% |
| Fixed assets | 21/28 | - | €35,861 | +€35,861 | |
| Tangible fixed assets | 22/27 | - | €35,861 | +€35,861 | |
| Furniture and vehicles | 24 | - | €35,861 | +€35,861 | |
| Current assets | 29/58 | €110,612 | €73,637 | -€36,975 | -33.4% |
| Amounts receivable within one year | 40/41 | €1,257 | €2,862 | +€1,605 | +128% |
| Trade receivables | 40 | - | €2,500 | +€2,500 | |
| Other amounts receivable | 41 | €1,257 | €362 | -€895 | -71.2% |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €109,355 | €775 | -€108,580 | -99.3% |
| Total equity and liabilities | 10/49 | €110,612 | €109,498 | -€1,113 | -1.0% |
| Equity | 10/15 | €109,442 | €99,019 | -€10,423 | -9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90,842 | €80,419 | -€10,423 | -11.5% |
| Non-distributable reserves | 130/1 | €1,773 | €1,773 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,773 | €1,773 | = | 0.0% |
| Distributable reserves | 133 | €89,070 | €78,647 | -€10,423 | -11.7% |
| Amounts payable | 17/49 | €1,169 | €10,479 | +€9,310 | +796% |
| Amounts payable within one year | 42/48 | €1,169 | €10,479 | +€9,310 | +796% |
| Trade debts | 44 | €83 | €108 | +€25 | +29.5% |
| Suppliers | 440/4 | €83 | €108 | +€25 | +29.5% |
| Taxes, remuneration and social security | 45 | €1,086 | €10,104 | +€9,018 | +830% |
| Taxes | 450/3 | €1,086 | €3,624 | +€2,537 | +234% |
| Remuneration and social security | 454/9 | - | €6,481 | +€6,481 | |
| Other amounts payable | 47/48 | - | €267 | +€267 | |
| Remuneration, social security and pensions | 62 | - | €53,882 | +€53,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €667 | +€667 | |
| Other operating charges | 640/8 | €814 | €839 | +€25 | +3.0% |
| Non-recurring operating charges | 66A | €1,739 | - | -€1,739 | |
| Gross operating margin | 9900 | €3,005 | €43,065 | +€40,060 | +1,333% |
| Operating profit (loss) | 9901 | €453 | -€12,323 | -€12,776 | |
| Financial income | 75/76B | €2,397 | €1,750 | -€647 | -27.0% |
| Recurring financial income | 75 | €2,397 | €1,750 | -€647 | -27.0% |
| Financial charges | 65/66B | €191 | €168 | -€23 | -12.1% |
| Recurring financial charges | 65 | €191 | €168 | -€23 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €2,658 | -€10,741 | -€13,400 | |
| Income taxes | 67/77 | €1,805 | -€318 | -€2,124 | |
| Profit (loss) for the period | 9904 | €853 | -€10,423 | -€11,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €853 | -€10,423 | -€11,276 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.