RENO-ISOL: 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.
What changed
RENO-ISOL
NACE 43.230, Insulation installation
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€332,502
2023 · -€22,815+€355,318
Equity
€178,295
2023 · -€154,208+€332,502
Cash
€3,096
2023 · €2,535+€561
Balance sheet total
€3.9m
2023 · €3.8m+€173,259
Largest movements
Assets
- Receivables within one year +€79,553
up €79,553 (+20.2%), from €393,243 to €472,796
of which Other amounts receivable: +€64,610
- Stocks and contracts +€49,868
up €49,868 (+43.0%), from €116,062 to €165,930
Equity and liabilities
- Profit (loss) carried forward +€332,502
up €332,502, from -€187,208 to €145,295
- Debts after one year -€211,731
down €211,731 (-15.9%), from €1.3m to €1.1m
Income statement
- Financial income +€433,454
up €433,454 (+2,494%), from €17,383 to €450,837
- Financial charges +€62,685
up €62,685 (+2,542%), from €2,466 to €65,151
- Depreciation +€11,191
up €11,191 (+63.7%), from €17,575 to €28,766
- Gross operating margin -€6,892
down €6,892 (-44.2%), from -€15,594 to -€22,487
- Other operating charges -€2,616
down €2,616 (-62.0%), from €4,218 to €1,602
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.
Result 2023
-€22,815
Gross operating margin
-€6,892
Depreciation
-€11,191
Other operating charges
+€2,616
Financial income
+€433,454
Financial charges
-€62,685
Taxes
+€16
Result 2024
€332,502
raises the resultlowers the result
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.
From operations
+€266,829
Investment
-€62,722
Financing
-€203,547
Cash 2023
€2,535
From operations (derived)
+€266,829
Net result for the year
+€332,502
Depreciation
+€28,766
Stocks and contracts
-€49,868
Receivables within one year
-€79,553
Deferred charges and accrued income
-€9,321
Trade debts
+€10,082
Tax, wage and social debts
-€38
Other debts
+€34,260
Investment (derived)
-€62,722
Investment in fixed assets (net)
-€62,722
Financing
-€203,547
Debts after one year
-€211,731
Current portion of long-term debt
+€8,184
Cash 2024
€3,096
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,762,011 | €3,935,269 | +€173,259 | +4.6% |
| Fixed assets | 21/28 | €3,231,584 | €3,265,540 | +€33,956 | +1.1% |
| Tangible fixed assets | 22/27 | €42,329 | €76,285 | +€33,956 | +80.2% |
| Plant, machinery and equipment | 23 | - | €4,380 | +€4,380 | |
| Furniture and vehicles | 24 | €42,329 | €71,906 | +€29,577 | +69.9% |
| Financial fixed assets | 28 | €3,189,255 | €3,189,255 | = | 0.0% |
| Current assets | 29/58 | €530,427 | €669,730 | +€139,303 | +26.3% |
| Stocks and contracts in progress | 3 | €116,062 | €165,930 | +€49,868 | +43.0% |
| Stocks | 30/36 | €116,062 | €165,930 | +€49,868 | +43.0% |
| Amounts receivable within one year | 40/41 | €393,243 | €472,796 | +€79,553 | +20.2% |
| Trade receivables | 40 | €7,093 | €22,037 | +€14,943 | +211% |
| Other amounts receivable | 41 | €386,149 | €450,759 | +€64,610 | +16.7% |
| Cash at bank and in hand | 54/58 | €2,535 | €3,096 | +€561 | +22.1% |
| Deferred charges and accrued income | 490/1 | €18,587 | €27,908 | +€9,321 | +50.2% |
| Total equity and liabilities | 10/49 | €3,762,011 | €3,935,269 | +€173,259 | +4.6% |
| Equity | 10/15 | -€154,208 | €178,295 | +€332,502 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €0 | -€3,000 | -100% |
| Reserves not available under the articles | 1311 | €3,000 | €0 | -€3,000 | -100% |
| Distributable reserves | 133 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | -€187,208 | €145,295 | +€332,502 | |
| Amounts payable | 17/49 | €3,916,218 | €3,756,975 | -€159,244 | -4.1% |
| Amounts payable after more than one year | 17 | €1,334,783 | €1,123,053 | -€211,731 | -15.9% |
| Financial debts | 170/4 | €1,334,783 | €1,123,053 | -€211,731 | -15.9% |
| Amounts payable within one year | 42/48 | €2,581,435 | €2,633,922 | +€52,487 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €204,822 | €213,006 | +€8,184 | +4.0% |
| Trade debts | 44 | €27,189 | €37,270 | +€10,082 | +37.1% |
| Suppliers | 440/4 | €27,189 | €37,270 | +€10,082 | +37.1% |
| Taxes, remuneration and social security | 45 | €713 | €674 | -€38 | -5.4% |
| Taxes | 450/3 | €713 | €674 | -€38 | -5.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,348,712 | €2,382,972 | +€34,260 | +1.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,575 | €28,766 | +€11,191 | +63.7% |
| Other operating charges | 640/8 | €4,218 | €1,602 | -€2,616 | -62.0% |
| Gross operating margin | 9900 | -€15,594 | -€22,487 | -€6,892 | -44.2% |
| Operating profit (loss) | 9901 | -€37,387 | -€52,855 | -€15,468 | -41.4% |
| Financial income | 75/76B | €17,383 | €450,837 | +€433,454 | +2,494% |
| Recurring financial income | 75 | €17,383 | €450,837 | +€433,454 | +2,494% |
| Financial charges | 65/66B | €2,466 | €65,151 | +€62,685 | +2,542% |
| Recurring financial charges | 65 | €2,466 | €65,151 | +€62,685 | +2,542% |
| Profit (loss) for the period before taxes | 9903 | -€22,470 | €332,832 | +€355,301 | |
| Income taxes | 67/77 | €345 | €329 | -€16 | -4.7% |
| Profit (loss) for the period | 9904 | -€22,815 | €332,502 | +€355,318 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,815 | €332,502 | +€355,318 |
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 20 October 2026 via checked.be.