Reno-Art Projects: 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.
Reno-Art Projects
Largest movements
- Stocks and contracts -€177,242
down €177,242 (-45.9%), from €386,383 to €209,141
of which Contracts in progress: -€177,242
- Cash -€74,216
down €74,216 (-93.0%), from €79,793 to €5,577
mainly Other debts (-€575,200)
- Receivables within one year -€30,724
down €30,724 (-5.8%), from €529,790 to €499,067
of which Trade receivables: -€84,462
- Other debts -€575,200
down €575,200 (-59.0%), from €975,200 to €400,000
- Reserves +€265,794
up €265,794 (+70.3%), from €378,025 to €643,819
- Gross operating margin +€425,621
up €425,621, from -€52,640 to €372,981
- Taxes +€105,768
up €105,768 (+1,057,684,800%), from €0 to €105,768
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 | €1,700,966 | €1,413,785 | -€287,182 | -16.9% |
| Fixed assets | 21/28 | €705,000 | €700,000 | -€5,000 | -0.7% |
| Tangible fixed assets | 22/27 | €700,000 | €700,000 | = | 0.0% |
| Land and buildings | 22 | €700,000 | €700,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,000 | - | -€5,000 | |
| Current assets | 29/58 | €995,966 | €713,785 | -€282,182 | -28.3% |
| Stocks and contracts in progress | 3 | €386,383 | €209,141 | -€177,242 | -45.9% |
| Stocks | 30/36 | €209,141 | €209,141 | = | 0.0% |
| Contracts in progress | 37 | €177,242 | - | -€177,242 | |
| Amounts receivable within one year | 40/41 | €529,790 | €499,067 | -€30,724 | -5.8% |
| Trade receivables | 40 | €527,553 | €443,090 | -€84,462 | -16.0% |
| Other amounts receivable | 41 | €2,238 | €55,976 | +€53,739 | +2,402% |
| Cash at bank and in hand | 54/58 | €79,793 | €5,577 | -€74,216 | -93.0% |
| Total equity and liabilities | 10/49 | €1,700,966 | €1,413,785 | -€287,182 | -16.9% |
| Equity | 10/15 | €700,398 | €966,192 | +€265,794 | +37.9% |
| Contributions | 10/11 | €42,142 | €42,142 | = | 0.0% |
| Reserves | 13 | €378,025 | €643,819 | +€265,794 | +70.3% |
| Distributable reserves | 133 | €378,025 | €643,819 | +€265,794 | +70.3% |
| Profit (loss) carried forward | 14 | €280,231 | €280,231 | = | 0.0% |
| Amounts payable | 17/49 | €1,000,568 | €447,593 | -€552,976 | -55.3% |
| Amounts payable within one year | 42/48 | €1,000,568 | €447,593 | -€552,976 | -55.3% |
| Trade debts | 44 | €25,368 | €41,824 | +€16,456 | +64.9% |
| Suppliers | 440/4 | €25,368 | €41,824 | +€16,456 | +64.9% |
| Taxes, remuneration and social security | 45 | - | €5,768 | +€5,768 | |
| Taxes | 450/3 | - | €5,768 | +€5,768 | |
| Other amounts payable | 47/48 | €975,200 | €400,000 | -€575,200 | -59.0% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€52,640 | €372,981 | +€425,621 | |
| Operating profit (loss) | 9901 | -€53,726 | €371,862 | +€425,588 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -60.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -60.4% |
| Financial charges | 65/66B | €1,082 | €300 | -€782 | -72.3% |
| Recurring financial charges | 65 | €1,082 | €300 | -€782 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | -€54,806 | €371,563 | +€426,369 | |
| Income taxes | 67/77 | €0 | €105,768 | +€105,768 | +1,057,684,800% |
| Profit (loss) for the period | 9904 | -€54,806 | €265,794 | +€320,601 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,806 | €265,794 | +€320,601 |
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.