RENIDAK: 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.
RENIDAK
Largest movements
- Cash +€15,492
up €15,492 (+6.9%), from €224,273 to €239,765
mainly Depreciation (+€11,105) and Receivables within one year (+€10,117)
- Tangible fixed assets -€11,105
down €11,105 (-20.3%), from €54,826 to €43,721
- Receivables within one year -€10,117
down €10,117 (-67.7%), from €14,946 to €4,829
of which Trade receivables: -€8,650
- Deferred charges and accrued income +€3,385
up €3,385 (+539.2%), from €628 to €4,012
- Reserves -€8,323
down €8,323 (-3.5%), from €235,042 to €226,719
of which Distributable reserves: -€8,323
- Trade debts +€7,499
up €7,499 (+163.4%), from €4,590 to €12,089
- Debts after one year -€4,998
down €4,998 (-49.2%), from €10,167 to €5,168
- Tax, wage and social debts +€4,057
up €4,057 (+96.4%), from €4,209 to €8,266
of which Taxes: +€3,267
- Gross operating margin -€31,877
down €31,877 (-87.9%), from €36,253 to €4,376
- Depreciation +€10,405
up €10,405 (+1487.0%), from €700 to €11,105
- Taxes -€9,246
down €9,246 (-97.9%), from €9,445 to €200
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.
Cash bridge derived
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 | €294,673 | €292,327 | -€2,346 | -0.8% |
| Fixed assets | 21/28 | €54,826 | €43,721 | -€11,105 | -20.3% |
| Tangible fixed assets | 22/27 | €54,826 | €43,721 | -€11,105 | -20.3% |
| Furniture and vehicles | 24 | €54,826 | €43,721 | -€11,105 | -20.3% |
| Current assets | 29/58 | €239,847 | €248,606 | +€8,759 | +3.7% |
| Amounts receivable within one year | 40/41 | €14,946 | €4,829 | -€10,117 | -67.7% |
| Trade receivables | 40 | €8,650 | €0 | -€8,650 | -100.0% |
| Other amounts receivable | 41 | €6,296 | €4,829 | -€1,467 | -23.3% |
| Cash at bank and in hand | 54/58 | €224,273 | €239,765 | +€15,492 | +6.9% |
| Deferred charges and accrued income | 490/1 | €628 | €4,012 | +€3,385 | +539.2% |
| Total equity and liabilities | 10/49 | €294,673 | €292,327 | -€2,346 | -0.8% |
| Equity | 10/15 | €247,442 | €239,119 | -€8,323 | -3.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €235,042 | €226,719 | -€8,323 | -3.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €235,042 | €226,719 | -€8,323 | -3.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,232 | €53,209 | +€5,977 | +12.7% |
| Amounts payable after more than one year | 17 | €10,167 | €5,168 | -€4,998 | -49.2% |
| Financial debts | 170/4 | €10,167 | €5,168 | -€4,998 | -49.2% |
| Amounts payable within one year | 42/48 | €35,815 | €46,790 | +€10,975 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | €4,833 | €4,998 | +€165 | +3.4% |
| Financial debts | 43 | €408 | €0 | -€408 | -100.0% |
| Other loans | 439 | €408 | €0 | -€408 | -100.0% |
| Trade debts | 44 | €4,590 | €12,089 | +€7,499 | +163.4% |
| Suppliers | 440/4 | €4,590 | €12,089 | +€7,499 | +163.4% |
| Taxes, remuneration and social security | 45 | €4,209 | €8,266 | +€4,057 | +96.4% |
| Taxes | 450/3 | €3,409 | €6,676 | +€3,267 | +95.8% |
| Remuneration and social security | 454/9 | €800 | €1,590 | +€790 | +98.8% |
| Other amounts payable | 47/48 | €21,775 | €21,438 | -€337 | -1.5% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €700 | €11,105 | +€10,405 | +1487.0% |
| Other operating charges | 640/8 | €1,125 | €1,018 | -€108 | -9.6% |
| Gross operating margin | 9900 | €36,253 | €4,376 | -€31,877 | -87.9% |
| Operating profit (loss) | 9901 | €34,428 | -€7,747 | -€42,175 | |
| Financial income | 75/76B | €92 | €307 | +€215 | +233.1% |
| Recurring financial income | 75 | €92 | €307 | +€215 | +233.1% |
| Financial charges | 65/66B | €379 | €684 | +€305 | +80.3% |
| Recurring financial charges | 65 | €379 | €684 | +€305 | +80.3% |
| Profit (loss) for the period before taxes | 9903 | €34,141 | -€8,124 | -€42,265 | |
| Income taxes | 67/77 | €9,445 | €200 | -€9,246 | -97.9% |
| Profit (loss) for the period | 9904 | €24,696 | -€8,323 | -€33,019 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,696 | -€8,323 | -€33,019 |
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 9 October 2026 via checked.be.