RENO-CO: 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-CO
Largest movements
- Receivables within one year +€17,854
up €17,854 (+274%), from €6,509 to €24,362
of which Trade receivables: +€16,927
- Cash +€4,360
up €4,360 (+8.7%), from €49,981 to €54,341
mainly Net result for the year (+€23,969) and Tax, wage and social debts (+€3,628)
- Deferred charges and accrued income +€3,965
up €3,965 (+62.4%), from €6,353 to €10,318
- Reserves +€23,969
up €23,969 (+40.6%), from €59,078 to €83,047
- Tax, wage and social debts +€3,628
up €3,628 (+47.4%), from €7,658 to €11,286
of which Taxes: +€3,597
- Other debts -€1,514
no longer reported in 2025 (was €1,514)
- Staff costs +€12,561
up €12,561 (+1,666%), from €754 to €13,315
- Gross operating margin -€10,897
down €10,897 (-16.5%), from €66,080 to €55,182
- Taxes -€6,164
down €6,164 (-37.6%), from €16,391 to €10,227
- Financial charges +€1,256
up €1,256 (+68.3%), from €1,839 to €3,095
of which Financial charges: +€1,255
- Other operating charges +€1,225
up €1,225 (+97.1%), from €1,262 to €2,487
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 | €71,569 | €98,593 | +€27,024 | +37.8% |
| Fixed assets | 21/28 | €8,726 | €9,572 | +€846 | +9.7% |
| Tangible fixed assets | 22/27 | €8,726 | €9,572 | +€846 | +9.7% |
| Land and buildings | 22 | €2,919 | €2,216 | -€703 | -24.1% |
| Plant, machinery and equipment | 23 | €784 | €2,466 | +€1,682 | +215% |
| Furniture and vehicles | 24 | €5,023 | €4,890 | -€133 | -2.7% |
| Current assets | 29/58 | €62,842 | €89,021 | +€26,179 | +41.7% |
| Amounts receivable within one year | 40/41 | €6,509 | €24,362 | +€17,854 | +274% |
| Trade receivables | 40 | €6,509 | €23,435 | +€16,927 | +260% |
| Other amounts receivable | 41 | - | €927 | +€927 | |
| Cash at bank and in hand | 54/58 | €49,981 | €54,341 | +€4,360 | +8.7% |
| Deferred charges and accrued income | 490/1 | €6,353 | €10,318 | +€3,965 | +62.4% |
| Total equity and liabilities | 10/49 | €71,569 | €98,593 | +€27,024 | +37.8% |
| Equity | 10/15 | €61,578 | €85,547 | +€23,969 | +38.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €59,078 | €83,047 | +€23,969 | +40.6% |
| Distributable reserves | 133 | €59,078 | €83,047 | +€23,969 | +40.6% |
| Amounts payable | 17/49 | €9,991 | €13,046 | +€3,055 | +30.6% |
| Amounts payable within one year | 42/48 | €9,991 | €13,046 | +€3,055 | +30.6% |
| Trade debts | 44 | €819 | €1,760 | +€941 | +115% |
| Suppliers | 440/4 | €819 | €1,760 | +€941 | +115% |
| Taxes, remuneration and social security | 45 | €7,658 | €11,286 | +€3,628 | +47.4% |
| Taxes | 450/3 | €7,658 | €11,255 | +€3,597 | +47.0% |
| Remuneration and social security | 454/9 | - | €31 | +€31 | |
| Other amounts payable | 47/48 | €1,514 | - | -€1,514 | |
| Remuneration, social security and pensions | 62 | €754 | €13,315 | +€12,561 | +1,666% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,724 | €2,275 | -€449 | -16.5% |
| Other operating charges | 640/8 | €1,262 | €2,487 | +€1,225 | +97.1% |
| Gross operating margin | 9900 | €66,080 | €55,182 | -€10,897 | -16.5% |
| Operating profit (loss) | 9901 | €61,339 | €37,105 | -€24,234 | -39.5% |
| Financial income | 75/76B | €10 | €187 | +€177 | +1,755% |
| Recurring financial income | 75 | €10 | €187 | +€177 | +1,755% |
| Financial charges | 65/66B | €1,839 | €3,095 | +€1,256 | +68.3% |
| Recurring financial charges | 65 | €1,839 | €3,095 | +€1,255 | +68.3% |
| Non-recurring financial charges | 66B | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | €59,510 | €34,197 | -€25,314 | -42.5% |
| Income taxes | 67/77 | €16,391 | €10,227 | -€6,164 | -37.6% |
| Profit (loss) for the period | 9904 | €43,119 | €23,969 | -€19,150 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,119 | €23,969 | -€19,150 | -44.4% |
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 15 October 2026 via checked.be.