RENO CONCEPT: 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 CONCEPT
Largest movements
- Receivables within one year -€115,042
down €115,042 (-41.8%), from €275,229 to €160,187
of which Trade receivables: -€74,475
- Cash +€54,408
up €54,408 (+1,034%), from €5,262 to €59,669
mainly Receivables within one year (+€115,042) and Trade debts (+€90,569)
- Deferred charges and accrued income -€17,709
no longer reported in 2024 (was €17,709)
- Accrued charges and deferred income -€164,231
down €164,231 (-93.5%), from €175,673 to €11,442
- Trade debts +€90,569
up €90,569, from €0 to €90,569
- Profit (loss) carried forward +€18,532
up €18,532 (+70.8%), from €26,170 to €44,701
- Other debts -€16,454
no longer reported in 2024 (was €16,454)
- Contributions -€5,000
down €5,000 (-50.0%), from €10,000 to €5,000
- Taxes +€4,104
up €4,104 (+274%), from €1,500 to €5,604
- Gross operating margin +€3,723
up €3,723 (+16.3%), from €22,777 to €26,501
- Other operating charges +€2,316
up €2,316 (+340%), from €681 to €2,997
- Financial income +€1,530
up €1,530 (+1,603%), from €95 to €1,625
- Depreciation +€570
new in 2024: €570
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,842 | €222,258 | -€76,584 | -25.6% |
| Fixed assets | 21/28 | €642 | €2,401 | +€1,759 | +274% |
| Tangible fixed assets | 22/27 | €642 | €2,401 | +€1,759 | +274% |
| Plant, machinery and equipment | 23 | €323 | €197 | -€126 | -39.1% |
| Furniture and vehicles | 24 | €319 | €2,204 | +€1,885 | +591% |
| Current assets | 29/58 | €298,200 | €219,857 | -€78,343 | -26.3% |
| Amounts receivable within one year | 40/41 | €275,229 | €160,187 | -€115,042 | -41.8% |
| Trade receivables | 40 | €146,618 | €72,142 | -€74,475 | -50.8% |
| Other amounts receivable | 41 | €128,612 | €88,045 | -€40,567 | -31.5% |
| Cash at bank and in hand | 54/58 | €5,262 | €59,669 | +€54,408 | +1,034% |
| Deferred charges and accrued income | 490/1 | €17,709 | - | -€17,709 | |
| Total equity and liabilities | 10/49 | €298,842 | €222,258 | -€76,584 | -25.6% |
| Equity | 10/15 | €51,170 | €64,701 | +€13,532 | +26.4% |
| Contributions | 10/11 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,170 | €44,701 | +€18,532 | +70.8% |
| Provisions and deferred taxes | 16 | €54,045 | €54,045 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €54,045 | €54,045 | = | 0.0% |
| Environmental obligations | 163 | €54,045 | €54,045 | = | 0.0% |
| Amounts payable | 17/49 | €193,627 | €103,511 | -€90,116 | -46.5% |
| Amounts payable within one year | 42/48 | €17,954 | €92,069 | +€74,115 | +413% |
| Trade debts | 44 | €0 | €90,569 | +€90,569 | |
| Suppliers | 440/4 | €0 | €90,569 | +€90,569 | |
| Taxes, remuneration and social security | 45 | €1,500 | €1,500 | = | 0.0% |
| Taxes | 450/3 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €16,454 | - | -€16,454 | |
| Accrued charges and deferred income | 492/3 | €175,673 | €11,442 | -€164,231 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €570 | +€570 | |
| Other operating charges | 640/8 | €681 | €2,997 | +€2,316 | +340% |
| Gross operating margin | 9900 | €22,777 | €26,501 | +€3,723 | +16.3% |
| Operating profit (loss) | 9901 | €22,096 | €22,934 | +€838 | +3.8% |
| Financial income | 75/76B | €95 | €1,625 | +€1,530 | +1,603% |
| Recurring financial income | 75 | €95 | €1,625 | +€1,530 | +1,603% |
| Financial charges | 65/66B | €972 | €418 | -€553 | -57.0% |
| Recurring financial charges | 65 | €972 | €418 | -€553 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | €21,220 | €24,141 | +€2,921 | +13.8% |
| Income taxes | 67/77 | €1,500 | €5,604 | +€4,104 | +274% |
| Profit (loss) for the period | 9904 | €19,720 | €18,537 | -€1,183 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,720 | €18,537 | -€1,183 | -6.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.