RENHOTLINE: what changed
Two fiscal 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.
RENHOTLINE
Largest movements
- Current investments -€8,991
no longer reported in 2024 (was €8,991)
- Cash +€1,411
new in 2024: €1,411
mainly Current investments (+€8,991) and Depreciation (+€1,354)
- Receivables within one year -€629
down €629 (-3.8%), from €16,375 to €15,747
of which Trade receivables: -€3,658
- Profit (loss) carried forward -€8,088
down €8,088 (-88.3%), from €9,159 to €1,070
- Staff costs +€24,697
new in 2024: €24,697
- Gross operating margin +€4,707
up €4,707 (+32.8%), from €14,357 to €19,064
- Taxes -€3,893
no longer reported in 2024 (was €3,893)
- Depreciation +€1,296
up €1,296 (+2227.9%), from €58 to €1,354
- Financial charges +€409
up €409 (+159.3%), from €257 to €666
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,659 | €20,253 | -€8,406 | -29.3% |
| Fixed assets | 21/28 | €3,293 | €3,096 | -€197 | -6.0% |
| Tangible fixed assets | 22/27 | €3,293 | €3,096 | -€197 | -6.0% |
| Plant, machinery and equipment | 23 | €3,293 | €3,096 | -€197 | -6.0% |
| Current assets | 29/58 | €25,366 | €17,158 | -€8,208 | -32.4% |
| Amounts receivable within one year | 40/41 | €16,375 | €15,747 | -€629 | -3.8% |
| Trade receivables | 40 | €13,233 | €9,574 | -€3,658 | -27.6% |
| Other amounts receivable | 41 | €3,143 | €6,172 | +€3,030 | +96.4% |
| Current investments | 50/53 | €8,991 | - | -€8,991 | |
| Cash at bank and in hand | 54/58 | - | €1,411 | +€1,411 | |
| Total equity and liabilities | 10/49 | €28,659 | €20,253 | -€8,406 | -29.3% |
| Equity | 10/15 | €10,659 | €2,570 | -€8,088 | -75.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,159 | €1,070 | -€8,088 | -88.3% |
| Amounts payable | 17/49 | €18,001 | €17,683 | -€318 | -1.8% |
| Amounts payable within one year | 42/48 | €18,001 | €17,683 | -€318 | -1.8% |
| Trade debts | 44 | €33 | - | -€33 | |
| Suppliers | 440/4 | €33 | - | -€33 | |
| Advances received on contracts in progress | 46 | €9,963 | €9,963 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,005 | €7,720 | -€285 | -3.6% |
| Taxes | 450/3 | €8,005 | €4,250 | -€3,755 | -46.9% |
| Remuneration and social security | 454/9 | - | €3,470 | +€3,470 | |
| Remuneration, social security and pensions | 62 | - | €24,697 | +€24,697 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58 | €1,354 | +€1,296 | +2227.9% |
| Other operating charges | 640/8 | €1,074 | €728 | -€346 | -32.2% |
| Gross operating margin | 9900 | €14,357 | €19,064 | +€4,707 | +32.8% |
| Operating profit (loss) | 9901 | €13,225 | -€7,714 | -€20,939 | |
| Financial income | 75/76B | €83 | €292 | +€209 | +251.1% |
| Recurring financial income | 75 | €83 | €292 | +€209 | +251.1% |
| Financial charges | 65/66B | €257 | €666 | +€409 | +159.3% |
| Recurring financial charges | 65 | €257 | €666 | +€409 | +159.3% |
| Profit (loss) for the period before taxes | 9903 | €13,051 | -€8,088 | -€21,140 | |
| Income taxes | 67/77 | €3,893 | - | -€3,893 | |
| Profit (loss) for the period | 9904 | €9,159 | -€8,088 | -€17,247 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,159 | -€8,088 | -€17,247 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.