RENHO 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.
RENHO GROUP
Largest movements
- Stocks and contracts -€32,536
no longer reported in 2025 (was €32,536)
- Cash +€16,663
up €16,663 (+2,182%), from €764 to €17,427
mainly Stocks and contracts (+€32,536) and Trade debts (+€25,446)
- Receivables within one year +€12,913
up €12,913 (+7.6%), from €169,676 to €182,588
of which Trade receivables: +€10,467
- Other debts -€27,714
down €27,714 (-88.0%), from €31,511 to €3,797
- Trade debts +€25,446
up €25,446 (+41.4%), from €61,531 to €86,977
- Profit (loss) carried forward -€11,854
down €11,854 (-24.3%), from €48,871 to €37,017
- Tax, wage and social debts +€11,176
up €11,176 (+64.6%), from €17,305 to €28,481
of which Remuneration and social security: +€9,579
- Gross operating margin -€17,338
down €17,338, from €8,350 to -€8,988
- Taxes -€1,230
down €1,230 (-42.6%), from €2,884 to €1,655
- Other operating charges +€366
up €366 (+52.0%), from €704 to €1,070
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 | €203,218 | €200,272 | -€2,945 | -1.4% |
| Current assets | 29/58 | €203,218 | €200,272 | -€2,945 | -1.4% |
| Stocks and contracts in progress | 3 | €32,536 | - | -€32,536 | |
| Stocks | 30/36 | €32,536 | - | -€32,536 | |
| Amounts receivable within one year | 40/41 | €169,676 | €182,588 | +€12,913 | +7.6% |
| Trade receivables | 40 | €138,645 | €149,112 | +€10,467 | +7.5% |
| Other amounts receivable | 41 | €31,031 | €33,476 | +€2,445 | +7.9% |
| Cash at bank and in hand | 54/58 | €764 | €17,427 | +€16,663 | +2,182% |
| Deferred charges and accrued income | 490/1 | €242 | €257 | +€15 | +6.0% |
| Total equity and liabilities | 10/49 | €203,218 | €200,272 | -€2,945 | -1.4% |
| Equity | 10/15 | €92,871 | €81,017 | -€11,854 | -12.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,871 | €37,017 | -€11,854 | -24.3% |
| Amounts payable | 17/49 | €110,347 | €119,255 | +€8,909 | +8.1% |
| Amounts payable within one year | 42/48 | €110,347 | €119,255 | +€8,909 | +8.1% |
| Trade debts | 44 | €61,531 | €86,977 | +€25,446 | +41.4% |
| Suppliers | 440/4 | €61,531 | €86,977 | +€25,446 | +41.4% |
| Taxes, remuneration and social security | 45 | €17,305 | €28,481 | +€11,176 | +64.6% |
| Taxes | 450/3 | €2,884 | €4,481 | +€1,597 | +55.4% |
| Remuneration and social security | 454/9 | €14,421 | €24,000 | +€9,579 | +66.4% |
| Other amounts payable | 47/48 | €31,511 | €3,797 | -€27,714 | -88.0% |
| Other operating charges | 640/8 | €704 | €1,070 | +€366 | +52.0% |
| Gross operating margin | 9900 | €8,350 | -€8,988 | -€17,338 | |
| Operating profit (loss) | 9901 | €7,646 | -€10,058 | -€17,704 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €179 | €141 | -€38 | -21.2% |
| Recurring financial charges | 65 | €179 | €141 | -€38 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €7,467 | -€10,199 | -€17,667 | |
| Income taxes | 67/77 | €2,884 | €1,655 | -€1,230 | -42.6% |
| Profit (loss) for the period | 9904 | €4,583 | -€11,854 | -€16,437 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,583 | -€11,854 | -€16,437 |
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 16 October 2026 via checked.be.