Rennibo: 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.
Rennibo
Largest movements
- Cash +€99,217
up €99,217 (+49.6%), from €199,915 to €299,132
mainly Net result for the year (+€165,250) and Depreciation (+€94,515)
- Tangible fixed assets +€50,240
up €50,240 (+17.6%), from €284,992 to €335,232
of which Furniture and vehicles: +€69,045
- Receivables within one year +€16,334
up €16,334 (+17.8%), from €91,907 to €108,241
of which Other amounts receivable: +€10,897
- Reserves +€142,407
up €142,407 (+42.8%), from €332,590 to €474,996
- Current portion of long-term debt +€39,120
up €39,120 (+72.4%), from €54,006 to €93,126
- Tax, wage and social debts -€36,820
down €36,820 (-52.3%), from €70,348 to €33,528
of which Taxes: -€34,859
- Trade debts +€21,396
up €21,396 (+67.5%), from €31,689 to €53,086
- Gross operating margin +€294,166
up €294,166 (+71.8%), from €409,422 to €703,588
- Staff costs +€121,612
up €121,612 (+52.3%), from €232,571 to €354,182
- Taxes +€47,261
up €47,261 (+163%), from €29,061 to €76,323
- Depreciation +€21,877
up €21,877 (+30.1%), from €72,638 to €94,515
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 | €659,928 | €824,220 | +€164,292 | +24.9% |
| Fixed assets | 21/28 | €290,663 | €340,903 | +€50,240 | +17.3% |
| Tangible fixed assets | 22/27 | €284,992 | €335,232 | +€50,240 | +17.6% |
| Plant, machinery and equipment | 23 | €100,351 | €81,546 | -€18,805 | -18.7% |
| Furniture and vehicles | 24 | €184,641 | €253,686 | +€69,045 | +37.4% |
| Financial fixed assets | 28 | €5,671 | €5,671 | = | 0.0% |
| Current assets | 29/58 | €369,265 | €483,317 | +€114,052 | +30.9% |
| Amounts receivable after more than one year | 29 | €75,944 | €75,944 | = | 0.0% |
| Other amounts receivable | 291 | €75,944 | €75,944 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,500 | €0 | -€1,500 | -100% |
| Stocks | 30/36 | €1,500 | €0 | -€1,500 | -100% |
| Amounts receivable within one year | 40/41 | €91,907 | €108,241 | +€16,334 | +17.8% |
| Trade receivables | 40 | €26,913 | €32,350 | +€5,437 | +20.2% |
| Other amounts receivable | 41 | €64,994 | €75,891 | +€10,897 | +16.8% |
| Cash at bank and in hand | 54/58 | €199,915 | €299,132 | +€99,217 | +49.6% |
| Total equity and liabilities | 10/49 | €659,928 | €824,220 | +€164,292 | +24.9% |
| Equity | 10/15 | €332,840 | €475,246 | +€142,407 | +42.8% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €332,590 | €474,996 | +€142,407 | +42.8% |
| Distributable reserves | 133 | €332,590 | €474,996 | +€142,407 | +42.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €327,088 | €348,974 | +€21,885 | +6.7% |
| Amounts payable after more than one year | 17 | €171,045 | €169,234 | -€1,811 | -1.1% |
| Financial debts | 170/4 | €171,045 | €169,234 | -€1,811 | -1.1% |
| Amounts payable within one year | 42/48 | €156,043 | €179,739 | +€23,696 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €54,006 | €93,126 | +€39,120 | +72.4% |
| Trade debts | 44 | €31,689 | €53,086 | +€21,396 | +67.5% |
| Suppliers | 440/4 | €31,689 | €53,086 | +€21,396 | +67.5% |
| Taxes, remuneration and social security | 45 | €70,348 | €33,528 | -€36,820 | -52.3% |
| Taxes | 450/3 | €65,182 | €30,323 | -€34,859 | -53.5% |
| Remuneration and social security | 454/9 | €5,166 | €3,205 | -€1,961 | -38.0% |
| Non-recurring operating income | 76A | €14,540 | €0 | -€14,540 | -100% |
| Remuneration, social security and pensions | 62 | €232,571 | €354,182 | +€121,612 | +52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,638 | €94,515 | +€21,877 | +30.1% |
| Other operating charges | 640/8 | €1,931 | €834 | -€1,097 | -56.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €409,422 | €703,588 | +€294,166 | +71.8% |
| Operating profit (loss) | 9901 | €102,283 | €254,057 | +€151,774 | +148% |
| Financial income | 75/76B | €7,801 | €6,621 | -€1,180 | -15.1% |
| Recurring financial income | 75 | €7,801 | €6,621 | -€1,180 | -15.1% |
| Financial charges | 65/66B | €15,227 | €19,106 | +€3,879 | +25.5% |
| Recurring financial charges | 65 | €15,227 | €19,106 | +€3,879 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €94,857 | €241,572 | +€146,715 | +155% |
| Income taxes | 67/77 | €29,061 | €76,323 | +€47,261 | +163% |
| Profit (loss) for the period | 9904 | €65,796 | €165,250 | +€99,453 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €65,796 | €165,250 | +€99,453 | +151% |
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 24 October 2026 via checked.be.