Reno & Bouw: 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 & Bouw
Largest movements
- Tangible fixed assets -€6,303
down €6,303 (-22.2%), from €28,429 to €22,126
- Deferred charges and accrued income -€4,629
down €4,629 (-91.4%), from €5,067 to €438
- Receivables within one year +€1,844
up €1,844 (+39.5%), from €4,667 to €6,511
of which Trade receivables: +€2,237
- Cash -€1,833
down €1,833 (-71.7%), from €2,558 to €725
mainly Net result for the year (-€5,350) and Other debts (-€4,746)
- Stocks and contracts -€1,219
down €1,219 (-1.9%), from €65,630 to €64,411
of which Contracts in progress: -€6,739
- Profit (loss) carried forward -€5,350
down €5,350 (-39.5%), from -€13,527 to -€18,877
- Other debts -€4,746
down €4,746 (-62.9%), from €7,549 to €2,803
- Debts after one year -€3,682
no longer reported in 2025 (was €3,682)
- Short-term financial debts +€3,556
new in 2025: €3,556
- Trade debts -€1,300
down €1,300 (-7.8%), from €16,697 to €15,398
- Staff costs -€3,586
down €3,586 (-19.1%), from €18,809 to €15,223
- Depreciation +€1,621
up €1,621 (+22.4%), from €7,225 to €8,846
- Gross operating margin +€1,392
up €1,392 (+7.2%), from €19,350 to €20,741
- Other operating charges +€1,049
up €1,049 (+379%), from €277 to €1,326
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 | €106,350 | €94,210 | -€12,140 | -11.4% |
| Fixed assets | 21/28 | €28,429 | €22,126 | -€6,303 | -22.2% |
| Tangible fixed assets | 22/27 | €28,429 | €22,126 | -€6,303 | -22.2% |
| Furniture and vehicles | 24 | €28,429 | €22,126 | -€6,303 | -22.2% |
| Current assets | 29/58 | €77,921 | €72,084 | -€5,837 | -7.5% |
| Stocks and contracts in progress | 3 | €65,630 | €64,411 | -€1,219 | -1.9% |
| Stocks | 30/36 | €39,980 | €45,500 | +€5,520 | +13.8% |
| Contracts in progress | 37 | €25,650 | €18,911 | -€6,739 | -26.3% |
| Amounts receivable within one year | 40/41 | €4,667 | €6,511 | +€1,844 | +39.5% |
| Trade receivables | 40 | €4,240 | €6,477 | +€2,237 | +52.8% |
| Other amounts receivable | 41 | €427 | €35 | -€393 | -91.9% |
| Cash at bank and in hand | 54/58 | €2,558 | €725 | -€1,833 | -71.7% |
| Deferred charges and accrued income | 490/1 | €5,067 | €438 | -€4,629 | -91.4% |
| Total equity and liabilities | 10/49 | €106,350 | €94,210 | -€12,140 | -11.4% |
| Equity | 10/15 | €73,066 | €67,716 | -€5,350 | -7.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €11,593 | €11,593 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €4,093 | €4,093 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,527 | -€18,877 | -€5,350 | -39.5% |
| Amounts payable | 17/49 | €33,285 | €26,494 | -€6,790 | -20.4% |
| Amounts payable after more than one year | 17 | €3,682 | - | -€3,682 | |
| Financial debts | 170/4 | €3,682 | - | -€3,682 | |
| Amounts payable within one year | 42/48 | €29,603 | €26,209 | -€3,394 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €3,518 | €3,682 | +€164 | +4.6% |
| Financial debts | 43 | - | €3,556 | +€3,556 | |
| Credit institutions | 430/8 | - | €3,556 | +€3,556 | |
| Trade debts | 44 | €16,697 | €15,398 | -€1,300 | -7.8% |
| Suppliers | 440/4 | €16,697 | €15,398 | -€1,300 | -7.8% |
| Taxes, remuneration and social security | 45 | €1,839 | €771 | -€1,068 | -58.1% |
| Taxes | 450/3 | €889 | - | -€889 | |
| Remuneration and social security | 454/9 | €950 | €771 | -€179 | -18.8% |
| Other amounts payable | 47/48 | €7,549 | €2,803 | -€4,746 | -62.9% |
| Accrued charges and deferred income | 492/3 | - | €286 | +€286 | |
| Non-recurring operating income | 76A | €8,000 | - | -€8,000 | |
| Remuneration, social security and pensions | 62 | €18,809 | €15,223 | -€3,586 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,225 | €8,846 | +€1,621 | +22.4% |
| Other operating charges | 640/8 | €277 | €1,326 | +€1,049 | +379% |
| Gross operating margin | 9900 | €19,350 | €20,741 | +€1,392 | +7.2% |
| Operating profit (loss) | 9901 | -€6,961 | -€4,653 | +€2,308 | +33.2% |
| Financial income | 75/76B | €66 | €75 | +€9 | +13.9% |
| Recurring financial income | 75 | €66 | €75 | +€9 | +13.9% |
| Financial charges | 65/66B | €874 | €772 | -€103 | -11.7% |
| Recurring financial charges | 65 | €874 | €772 | -€103 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,770 | -€5,350 | +€2,420 | +31.1% |
| Profit (loss) for the period | 9904 | -€7,770 | -€5,350 | +€2,420 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,770 | -€5,350 | +€2,420 | +31.1% |
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.