RENIRIS: 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.
RENIRIS
Largest movements
- Cash -€10,393
down €10,393 (-92.7%), from €11,206 to €813
mainly Net result for the year (-€11,918) and Other debts (-€30)
- Formation expenses -€1,218
down €1,218 (-50.1%), from €2,434 to €1,215
- Reserves -€7,617
down €7,617 (-100.0%), from €7,617 to €0
- Profit (loss) carried forward -€4,301
new in 2025: -€4,301
- Accrued charges and deferred income +€337
new in 2025: €337
- Gross operating margin -€4,974
down €4,974 (-97.1%), from -€5,124 to -€10,099
- Other operating charges +€400
up €400 (+644.7%), from €62 to €462
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 | €13,639 | €2,028 | -€11,611 | -85.1% |
| Formation expenses | 20 | €2,434 | €1,215 | -€1,218 | -50.1% |
| Current assets | 29/58 | €11,206 | €813 | -€10,393 | -92.7% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €11,206 | €813 | -€10,393 | -92.7% |
| Total equity and liabilities | 10/49 | €13,639 | €2,028 | -€11,611 | -85.1% |
| Equity | 10/15 | €12,617 | €699 | -€11,918 | -94.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,617 | €0 | -€7,617 | -100.0% |
| Distributable reserves | 133 | €7,617 | €0 | -€7,617 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€4,301 | -€4,301 | |
| Amounts payable | 17/49 | €1,023 | €1,329 | +€307 | +30.0% |
| Amounts payable within one year | 42/48 | €1,023 | €993 | -€30 | -2.9% |
| Trade debts | 44 | €408 | €408 | = | 0.0% |
| Suppliers | 440/4 | €408 | €408 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €615 | €585 | -€30 | -4.9% |
| Accrued charges and deferred income | 492/3 | - | €337 | +€337 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,218 | €1,218 | = | 0.0% |
| Other operating charges | 640/8 | €62 | €462 | +€400 | +644.7% |
| Gross operating margin | 9900 | -€5,124 | -€10,099 | -€4,974 | -97.1% |
| Operating profit (loss) | 9901 | -€6,405 | -€11,779 | -€5,374 | -83.9% |
| Financial charges | 65/66B | €136 | €139 | +€3 | +2.4% |
| Recurring financial charges | 65 | €136 | €139 | +€3 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,540 | -€11,918 | -€5,377 | -82.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€6,540 | -€11,918 | -€5,377 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,540 | -€11,918 | -€5,377 | -82.2% |
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 12 October 2026 via checked.be.