RENO DLX: 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 DLX
Largest movements
- Tangible fixed assets +€53,971
up €53,971 (+359%), from €15,031 to €69,002
of which Furniture and vehicles: +€53,971
- Cash +€44,470
up €44,470 (+183%), from €24,246 to €68,715
mainly Debts after one year (+€39,849) and Other debts (+€27,856)
- Receivables within one year +€21,032
up €21,032 (+15.5%), from €136,110 to €157,142
of which Trade receivables: +€24,969
- Stocks and contracts -€4,032
down €4,032 (-35.7%), from €11,285 to €7,253
- Debts after one year +€39,849
new in 2025: €39,849
- Other debts +€27,856
up €27,856 (+26.3%), from €105,760 to €133,615
- Profit (loss) carried forward +€25,574
up €25,574, from -€7,568 to €18,006
- Current portion of long-term debt +€13,151
new in 2025: €13,151
- Tax, wage and social debts +€4,591
up €4,591, from €0 to €4,591
- Gross operating margin +€28,964
up €28,964 (+71.4%), from €40,544 to €69,508
- Taxes +€13,416
up €13,416 (+11,993%), from €112 to €13,528
- Depreciation +€6,562
up €6,562 (+129%), from €5,098 to €11,659
- Other operating charges +€6,246
up €6,246 (+56.1%), from €11,135 to €17,381
- Write-downs -€3,934
no longer reported in 2025 (was €3,934)
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 | €186,671 | €302,112 | +€115,441 | +61.8% |
| Fixed assets | 21/28 | €15,031 | €69,002 | +€53,971 | +359% |
| Tangible fixed assets | 22/27 | €15,031 | €69,002 | +€53,971 | +359% |
| Furniture and vehicles | 24 | €15,031 | €69,002 | +€53,971 | +359% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €171,640 | €233,110 | +€61,470 | +35.8% |
| Stocks and contracts in progress | 3 | €11,285 | €7,253 | -€4,032 | -35.7% |
| Stocks | 30/36 | €11,285 | €7,253 | -€4,032 | -35.7% |
| Amounts receivable within one year | 40/41 | €136,110 | €157,142 | +€21,032 | +15.5% |
| Trade receivables | 40 | €126,254 | €151,223 | +€24,969 | +19.8% |
| Other amounts receivable | 41 | €9,856 | €5,919 | -€3,937 | -39.9% |
| Cash at bank and in hand | 54/58 | €24,246 | €68,715 | +€44,470 | +183% |
| Total equity and liabilities | 10/49 | €186,671 | €302,112 | +€115,441 | +61.8% |
| Equity | 10/15 | €11,032 | €36,606 | +€25,574 | +232% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €0 | - | = | |
| Issued capital | 100 | €0 | - | = | |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€7,568 | €18,006 | +€25,574 | |
| Amounts payable | 17/49 | €175,639 | €265,506 | +€89,867 | +51.2% |
| Amounts payable after more than one year | 17 | - | €39,849 | +€39,849 | |
| Financial debts | 170/4 | - | €39,849 | +€39,849 | |
| Amounts payable within one year | 42/48 | €175,639 | €225,657 | +€50,018 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | - | €13,151 | +€13,151 | |
| Trade debts | 44 | €69,880 | €74,300 | +€4,421 | +6.3% |
| Suppliers | 440/4 | €69,880 | €74,300 | +€4,421 | +6.3% |
| Taxes, remuneration and social security | 45 | €0 | €4,591 | +€4,591 | |
| Taxes | 450/3 | €0 | €4,591 | +€4,591 | |
| Other amounts payable | 47/48 | €105,760 | €133,615 | +€27,856 | +26.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,098 | €11,659 | +€6,562 | +129% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,934 | - | -€3,934 | |
| Other operating charges | 640/8 | €11,135 | €17,381 | +€6,246 | +56.1% |
| Gross operating margin | 9900 | €40,544 | €69,508 | +€28,964 | +71.4% |
| Operating profit (loss) | 9901 | €20,377 | €40,468 | +€20,090 | +98.6% |
| Financial charges | 65/66B | €245 | €1,366 | +€1,122 | +459% |
| Recurring financial charges | 65 | €245 | €1,366 | +€1,122 | +459% |
| Profit (loss) for the period before taxes | 9903 | €20,133 | €39,101 | +€18,969 | +94.2% |
| Income taxes | 67/77 | €112 | €13,528 | +€13,416 | +11,993% |
| Profit (loss) for the period | 9904 | €20,021 | €25,574 | +€5,553 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,021 | €25,574 | +€5,553 | +27.7% |
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 16 October 2026 via checked.be.