RENO - BUILD: 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 - BUILD
Largest movements
- Cash +€4,998
up €4,998 (+18.9%), from €26,495 to €31,493
mainly Net result for the year (+€3,932) and Tax, wage and social debts (+€314)
- Reserves +€3,932
up €3,932 (+27.7%), from €14,174 to €18,106
of which Distributable reserves: +€3,932
- Gross operating margin +€5,172
up €5,172 (+805%), from €642 to €5,814
- Other operating charges -€362
down €362 (-22.1%), from €1,638 to €1,276
- Taxes +€314
up €314 (+225%), from €140 to €453
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 | €28,618 | €33,129 | +€4,512 | +15.8% |
| Fixed assets | 21/28 | €134 | - | -€134 | |
| Tangible fixed assets | 22/27 | €134 | - | -€134 | |
| Plant, machinery and equipment | 23 | €134 | - | -€134 | |
| Current assets | 29/58 | €28,483 | €33,129 | +€4,646 | +16.3% |
| Stocks and contracts in progress | 3 | €340 | €340 | = | 0.0% |
| Stocks | 30/36 | €340 | €340 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €413 | €247 | -€166 | -40.3% |
| Other amounts receivable | 41 | €413 | €247 | -€166 | -40.3% |
| Cash at bank and in hand | 54/58 | €26,495 | €31,493 | +€4,998 | +18.9% |
| Deferred charges and accrued income | 490/1 | €1,235 | €1,049 | -€186 | -15.1% |
| Total equity and liabilities | 10/49 | €28,618 | €33,129 | +€4,512 | +15.8% |
| Equity | 10/15 | €26,574 | €30,506 | +€3,932 | +14.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,174 | €18,106 | +€3,932 | +27.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €12,314 | €16,246 | +€3,932 | +31.9% |
| Amounts payable | 17/49 | €2,043 | €2,623 | +€580 | +28.4% |
| Amounts payable within one year | 42/48 | €2,043 | €2,623 | +€580 | +28.4% |
| Trade debts | 44 | €39 | €266 | +€227 | +582% |
| Suppliers | 440/4 | €39 | €266 | +€227 | +582% |
| Taxes, remuneration and social security | 45 | €140 | €453 | +€314 | +225% |
| Taxes | 450/3 | €140 | €453 | +€314 | +225% |
| Other amounts payable | 47/48 | €1,865 | €1,904 | +€39 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175 | €134 | -€41 | -23.2% |
| Other operating charges | 640/8 | €1,638 | €1,276 | -€362 | -22.1% |
| Gross operating margin | 9900 | €642 | €5,814 | +€5,172 | +805% |
| Operating profit (loss) | 9901 | -€1,171 | €4,404 | +€5,575 | |
| Financial income | 75/76B | €32 | €22 | -€10 | -32.3% |
| Recurring financial income | 75 | €32 | €22 | -€10 | -32.3% |
| Financial charges | 65/66B | €86 | €40 | -€46 | -53.0% |
| Recurring financial charges | 65 | €86 | €40 | -€46 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,224 | €4,385 | +€5,610 | |
| Income taxes | 67/77 | €140 | €453 | +€314 | +225% |
| Profit (loss) for the period | 9904 | -€1,364 | €3,932 | +€5,296 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,364 | €3,932 | +€5,296 |
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 19 October 2026 via checked.be.