Rengibo: 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.
Rengibo
Largest movements
- Intangible fixed assets +€12,530
up €12,530 (+150,235%), from €8 to €12,538
- Receivables within one year +€3,015
up €3,015 (+23.6%), from €12,789 to €15,804
of which Trade receivables: +€2,005
- Cash -€994
down €994 (-62.8%), from €1,584 to €589
mainly Net result for the year (-€47,267) and Investment in fixed assets (net) (-€15,292)
- Tangible fixed assets -€568
down €568 (-5.0%), from €11,392 to €10,823
of which Plant, machinery and equipment: -€655
- Profit (loss) carried forward -€47,267
down €47,267 (-128%), from -€36,980 to -€84,247
- Trade debts +€37,281
up €37,281 (+232%), from €16,057 to €53,338
- Other debts +€30,206
up €30,206 (+99.4%), from €30,382 to €60,589
- Tax, wage and social debts -€6,193
down €6,193 (-71.8%), from €8,624 to €2,431
- Gross operating margin -€28,805
down €28,805 (-259%), from -€11,142 to -€39,947
- Depreciation -€1,208
down €1,208 (-26.6%), from €4,539 to €3,330
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 | €38,084 | €52,111 | +€14,027 | +36.8% |
| Fixed assets | 21/28 | €13,200 | €25,161 | +€11,961 | +90.6% |
| Intangible fixed assets | 21 | €8 | €12,538 | +€12,530 | +150,235% |
| Tangible fixed assets | 22/27 | €11,392 | €10,823 | -€568 | -5.0% |
| Plant, machinery and equipment | 23 | €1,995 | €1,340 | -€655 | -32.8% |
| Furniture and vehicles | 24 | €9,397 | €9,483 | +€86 | +0.9% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €24,884 | €26,949 | +€2,065 | +8.3% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,789 | €15,804 | +€3,015 | +23.6% |
| Trade receivables | 40 | €11,723 | €13,728 | +€2,005 | +17.1% |
| Other amounts receivable | 41 | €1,066 | €2,076 | +€1,010 | +94.7% |
| Cash at bank and in hand | 54/58 | €1,584 | €589 | -€994 | -62.8% |
| Deferred charges and accrued income | 490/1 | €511 | €556 | +€45 | +8.8% |
| Total equity and liabilities | 10/49 | €38,084 | €52,111 | +€14,027 | +36.8% |
| Equity | 10/15 | -€16,980 | -€64,247 | -€47,267 | -278% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,980 | -€84,247 | -€47,267 | -128% |
| Amounts payable | 17/49 | €55,064 | €116,358 | +€61,294 | +111% |
| Amounts payable within one year | 42/48 | €55,064 | €116,358 | +€61,294 | +111% |
| Trade debts | 44 | €16,057 | €53,338 | +€37,281 | +232% |
| Suppliers | 440/4 | €16,057 | €53,338 | +€37,281 | +232% |
| Taxes, remuneration and social security | 45 | €8,624 | €2,431 | -€6,193 | -71.8% |
| Taxes | 450/3 | €8,624 | €2,431 | -€6,193 | -71.8% |
| Other amounts payable | 47/48 | €30,382 | €60,589 | +€30,206 | +99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,539 | €3,330 | -€1,208 | -26.6% |
| Other operating charges | 640/8 | €952 | €1,263 | +€311 | +32.7% |
| Non-recurring operating charges | 66A | - | €2,479 | +€2,479 | |
| Gross operating margin | 9900 | -€11,142 | -€39,947 | -€28,805 | -259% |
| Operating profit (loss) | 9901 | -€16,633 | -€47,019 | -€30,387 | -183% |
| Financial charges | 65/66B | €362 | €248 | -€114 | -31.5% |
| Recurring financial charges | 65 | €362 | €248 | -€114 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,995 | -€47,267 | -€30,272 | -178% |
| Profit (loss) for the period | 9904 | -€16,995 | -€47,267 | -€30,272 | -178% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,995 | -€47,267 | -€30,272 | -178% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.