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
- Receivables within one year +€21,498
up €21,498 (+637%), from €3,375 to €24,874
of which Trade receivables: +€20,684
- Cash -€19,594
down €19,594 (-52.8%), from €37,093 to €17,499
mainly Receivables within one year (-€21,498) and Debts after one year (-€13,856)
- Tangible fixed assets -€15,529
down €15,529 (-19.5%), from €79,579 to €64,051
of which Land and buildings: -€13,776
- Financial fixed assets +€1,314
new in 2025: €1,314
- Debts after one year -€13,856
down €13,856 (-18.7%), from €74,203 to €60,347
- Profit (loss) carried forward +€8,166
up €8,166 (+84.9%), from -€9,622 to -€1,456
- Other debts -€2,504
down €2,504 (-48.3%), from €5,179 to €2,676
- Trade debts -€1,997
down €1,997 (-19.1%), from €10,482 to €8,485
- Reserves -€1,860
down €1,860 (-23.5%), from €7,911 to €6,051
of which Distributable reserves: -€1,860
- Gross operating margin -€26,532
down €26,532 (-45.9%), from €57,791 to €31,259
- Depreciation -€822
down €822 (-4.5%), from €18,384 to €17,562
- Other operating charges -€696
down €696 (-17.9%), from €3,893 to €3,197
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 | €120,047 | €108,559 | -€11,489 | -9.6% |
| Fixed assets | 21/28 | €79,579 | €65,365 | -€14,215 | -17.9% |
| Tangible fixed assets | 22/27 | €79,579 | €64,051 | -€15,529 | -19.5% |
| Land and buildings | 22 | €70,930 | €57,155 | -€13,776 | -19.4% |
| Plant, machinery and equipment | 23 | €4,363 | €4,235 | -€128 | -2.9% |
| Furniture and vehicles | 24 | €4,286 | €2,661 | -€1,625 | -37.9% |
| Financial fixed assets | 28 | - | €1,314 | +€1,314 | |
| Current assets | 29/58 | €40,468 | €43,194 | +€2,726 | +6.7% |
| Amounts receivable within one year | 40/41 | €3,375 | €24,874 | +€21,498 | +637% |
| Trade receivables | 40 | €2,260 | €22,944 | +€20,684 | +915% |
| Other amounts receivable | 41 | €1,115 | €1,930 | +€815 | +73.1% |
| Cash at bank and in hand | 54/58 | €37,093 | €17,499 | -€19,594 | -52.8% |
| Deferred charges and accrued income | 490/1 | - | €821 | +€821 | |
| Total equity and liabilities | 10/49 | €120,047 | €108,559 | -€11,489 | -9.6% |
| Equity | 10/15 | €16,889 | €23,195 | +€6,306 | +37.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,911 | €6,051 | -€1,860 | -23.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €7,911 | €6,051 | -€1,860 | -23.5% |
| Profit (loss) carried forward | 14 | -€9,622 | -€1,456 | +€8,166 | +84.9% |
| Amounts payable | 17/49 | €103,158 | €85,364 | -€17,795 | -17.2% |
| Amounts payable after more than one year | 17 | €74,203 | €60,347 | -€13,856 | -18.7% |
| Financial debts | 170/4 | €74,203 | €60,347 | -€13,856 | -18.7% |
| Amounts payable within one year | 42/48 | €28,955 | €25,017 | -€3,938 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €13,277 | €13,856 | +€580 | +4.4% |
| Trade debts | 44 | €10,482 | €8,485 | -€1,997 | -19.1% |
| Suppliers | 440/4 | €10,482 | €8,485 | -€1,997 | -19.1% |
| Taxes, remuneration and social security | 45 | €16 | €0 | -€16 | -100% |
| Taxes | 450/3 | €16 | €0 | -€16 | -100% |
| Other amounts payable | 47/48 | €5,179 | €2,676 | -€2,504 | -48.3% |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,384 | €17,562 | -€822 | -4.5% |
| Other operating charges | 640/8 | €3,893 | €3,197 | -€696 | -17.9% |
| Gross operating margin | 9900 | €57,791 | €31,259 | -€26,532 | -45.9% |
| Operating profit (loss) | 9901 | €35,514 | €10,500 | -€25,014 | -70.4% |
| Financial income | 75/76B | €497 | €4 | -€493 | -99.1% |
| Recurring financial income | 75 | €497 | €4 | -€493 | -99.1% |
| Financial charges | 65/66B | €4,551 | €4,199 | -€352 | -7.7% |
| Recurring financial charges | 65 | €4,551 | €4,199 | -€352 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €31,460 | €6,306 | -€25,154 | -80.0% |
| Profit (loss) for the period | 9904 | €31,460 | €6,306 | -€25,154 | -80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,460 | €6,306 | -€25,154 | -80.0% |
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 1 November 2026 via checked.be.