Renka Styling: 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.
Renka Styling
Largest movements
- Tangible fixed assets +€348,084
up €348,084 (+293.3%), from €118,667 to €466,751
of which Land and buildings: +€360,005
- Receivables within one year +€31,018
up €31,018 (+260.7%), from €11,900 to €42,918
of which Other amounts receivable: +€29,444
- Cash -€10,243
down €10,243 (-3.7%), from €278,971 to €268,728
mainly Investment in fixed assets (net) (-€402,567) and Receivables within one year (-€31,018)
- Stocks and contracts +€9,672
up €9,672 (+28.6%), from €33,864 to €43,535
- Debts after one year +€304,706
new in 2025: €304,706
- Reserves +€58,118
up €58,118 (+16.9%), from €343,280 to €401,398
- Current portion of long-term debt +€19,221
new in 2025: €19,221
- Gross operating margin +€81,747
up €81,747 (+25.1%), from €325,357 to €407,104
- Staff costs +€60,386
up €60,386 (+32.6%), from €185,360 to €245,746
- Depreciation +€25,955
up €25,955 (+91.0%), from €28,528 to €54,483
- Financial charges +€6,027
up €6,027 (+389.6%), from €1,547 to €7,574
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 | €446,459 | €821,933 | +€375,474 | +84.1% |
| Fixed assets | 21/28 | €118,667 | €466,751 | +€348,084 | +293.3% |
| Tangible fixed assets | 22/27 | €118,667 | €466,751 | +€348,084 | +293.3% |
| Land and buildings | 22 | €60,749 | €420,755 | +€360,005 | +592.6% |
| Plant, machinery and equipment | 23 | €22,990 | €21,985 | -€1,004 | -4.4% |
| Furniture and vehicles | 24 | €34,928 | €24,011 | -€10,917 | -31.3% |
| Current assets | 29/58 | €327,792 | €355,182 | +€27,390 | +8.4% |
| Stocks and contracts in progress | 3 | €33,864 | €43,535 | +€9,672 | +28.6% |
| Stocks | 30/36 | €33,864 | €43,535 | +€9,672 | +28.6% |
| Amounts receivable within one year | 40/41 | €11,900 | €42,918 | +€31,018 | +260.7% |
| Trade receivables | 40 | €103 | €1,678 | +€1,575 | +1522.3% |
| Other amounts receivable | 41 | €11,797 | €41,240 | +€29,444 | +249.6% |
| Cash at bank and in hand | 54/58 | €278,971 | €268,728 | -€10,243 | -3.7% |
| Deferred charges and accrued income | 490/1 | €3,057 | €0 | -€3,057 | -100.0% |
| Total equity and liabilities | 10/49 | €446,459 | €821,933 | +€375,474 | +84.1% |
| Equity | 10/15 | €367,680 | €425,798 | +€58,118 | +15.8% |
| Contributions | 10/11 | €24,400 | €24,400 | = | 0.0% |
| Reserves | 13 | €343,280 | €401,398 | +€58,118 | +16.9% |
| Distributable reserves | 133 | €343,280 | €401,398 | +€58,118 | +16.9% |
| Amounts payable | 17/49 | €78,779 | €396,135 | +€317,356 | +402.8% |
| Amounts payable after more than one year | 17 | - | €304,706 | +€304,706 | |
| Financial debts | 170/4 | - | €304,706 | +€304,706 | |
| Amounts payable within one year | 42/48 | €78,779 | €91,429 | +€12,650 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | - | €19,221 | +€19,221 | |
| Trade debts | 44 | €19,023 | €13,463 | -€5,560 | -29.2% |
| Suppliers | 440/4 | €19,023 | €13,463 | -€5,560 | -29.2% |
| Advances received on contracts in progress | 46 | €22,023 | €22,023 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €37,181 | €35,701 | -€1,480 | -4.0% |
| Taxes | 450/3 | €20,877 | €7,054 | -€13,823 | -66.2% |
| Remuneration and social security | 454/9 | €16,304 | €28,647 | +€12,343 | +75.7% |
| Other amounts payable | 47/48 | €552 | €1,020 | +€468 | +84.9% |
| Non-recurring operating income | 76A | €8,250 | €0 | -€8,250 | -100.0% |
| Remuneration, social security and pensions | 62 | €185,360 | €245,746 | +€60,386 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,528 | €54,483 | +€25,955 | +91.0% |
| Other operating charges | 640/8 | €2,338 | €2,847 | +€509 | +21.8% |
| Non-recurring operating charges | 66A | - | €8,099 | +€8,099 | |
| Gross operating margin | 9900 | €325,357 | €407,104 | +€81,747 | +25.1% |
| Operating profit (loss) | 9901 | €109,132 | €95,929 | -€13,203 | -12.1% |
| Financial income | 75/76B | €930 | €1,297 | +€367 | +39.4% |
| Recurring financial income | 75 | €930 | €1,297 | +€367 | +39.4% |
| Financial charges | 65/66B | €1,547 | €7,574 | +€6,027 | +389.6% |
| Recurring financial charges | 65 | €1,547 | €7,574 | +€6,027 | +389.6% |
| Profit (loss) for the period before taxes | 9903 | €108,515 | €89,653 | -€18,863 | -17.4% |
| Income taxes | 67/77 | €31,433 | €31,535 | +€102 | +0.3% |
| Profit (loss) for the period | 9904 | €77,082 | €58,118 | -€18,964 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,082 | €58,118 | -€18,964 | -24.6% |
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.