RENO-MARK: 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-MARK
Largest movements
- Cash +€26,409
up €26,409 (+718.7%), from €3,675 to €30,084
mainly Other debts (+€52,090) and Net result for the year (+€32,024)
- Receivables within one year -€26,140
down €26,140 (-16.3%), from €160,285 to €134,145
of which Trade receivables: -€17,257
- Receivables after one year +€14,000
up €14,000 (+35.0%), from €40,000 to €54,000
- Deferred charges and accrued income +€4,614
up €4,614 (+6565.5%), from €70 to €4,684
- Other debts +€52,090
up €52,090 (+12419.2%), from €419 to €52,509
- Reserves -€20,836
down €20,836 (-10.9%), from €191,753 to €170,917
of which Distributable reserves: -€20,836
- Tax, wage and social debts -€8,375
down €8,375 (-83.4%), from €10,037 to €1,663
- Gross operating margin +€14,811
up €14,811 (+31.3%), from €47,336 to €62,146
- Taxes +€9,424
up €9,424 (+75.7%), from €12,441 to €21,865
- Financial charges -€3,645
down €3,645 (-43.5%), from €8,381 to €4,736
- Other operating charges -€1,586
down €1,586 (-60.3%), from €2,629 to €1,043
- Depreciation +€704
up €704 (+23.8%), from €2,954 to €3,659
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.
Cash bridge derived
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 | €233,802 | €253,587 | +€19,785 | +8.5% |
| Fixed assets | 21/28 | €29,772 | €30,674 | +€902 | +3.0% |
| Tangible fixed assets | 22/27 | €29,772 | €30,674 | +€902 | +3.0% |
| Land and buildings | 22 | €22,165 | €21,625 | -€539 | -2.4% |
| Plant, machinery and equipment | 23 | €7,526 | €9,049 | +€1,522 | +20.2% |
| Furniture and vehicles | 24 | €81 | €0 | -€81 | -100.0% |
| Current assets | 29/58 | €204,030 | €222,913 | +€18,883 | +9.3% |
| Amounts receivable after more than one year | 29 | €40,000 | €54,000 | +€14,000 | +35.0% |
| Other amounts receivable | 291 | €40,000 | €54,000 | +€14,000 | +35.0% |
| Amounts receivable within one year | 40/41 | €160,285 | €134,145 | -€26,140 | -16.3% |
| Trade receivables | 40 | €143,868 | €126,611 | -€17,257 | -12.0% |
| Other amounts receivable | 41 | €16,417 | €7,534 | -€8,883 | -54.1% |
| Cash at bank and in hand | 54/58 | €3,675 | €30,084 | +€26,409 | +718.7% |
| Deferred charges and accrued income | 490/1 | €70 | €4,684 | +€4,614 | +6565.5% |
| Total equity and liabilities | 10/49 | €233,802 | €253,587 | +€19,785 | +8.5% |
| Equity | 10/15 | €204,207 | €183,894 | -€20,312 | -9.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €191,753 | €170,917 | -€20,836 | -10.9% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €189,898 | €169,062 | -€20,836 | -11.0% |
| Profit (loss) carried forward | 14 | €53 | €577 | +€524 | +984.0% |
| Amounts payable | 17/49 | €29,595 | €69,693 | +€40,097 | +135.5% |
| Amounts payable within one year | 42/48 | €21,171 | €63,132 | +€41,962 | +198.2% |
| Current portion of amounts payable after more than one year | 42 | €285 | €0 | -€285 | -100.0% |
| Trade debts | 44 | €10,429 | €8,961 | -€1,468 | -14.1% |
| Suppliers | 440/4 | €10,429 | €8,961 | -€1,468 | -14.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,037 | €1,663 | -€8,375 | -83.4% |
| Taxes | 450/3 | €10,037 | €1,663 | -€8,375 | -83.4% |
| Other amounts payable | 47/48 | €419 | €52,509 | +€52,090 | +12419.2% |
| Accrued charges and deferred income | 492/3 | €8,425 | €6,560 | -€1,864 | -22.1% |
| Non-recurring operating income | 76A | €4,580 | €0 | -€4,580 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,954 | €3,659 | +€704 | +23.8% |
| Other operating charges | 640/8 | €2,629 | €1,043 | -€1,586 | -60.3% |
| Gross operating margin | 9900 | €47,336 | €62,146 | +€14,811 | +31.3% |
| Operating profit (loss) | 9901 | €41,752 | €57,195 | +€15,442 | +37.0% |
| Financial income | 75/76B | €905 | €1,430 | +€525 | +58.0% |
| Recurring financial income | 75 | €905 | €1,430 | +€525 | +58.0% |
| Financial charges | 65/66B | €8,381 | €4,736 | -€3,645 | -43.5% |
| Recurring financial charges | 65 | €8,381 | €4,736 | -€3,645 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €34,277 | €53,889 | +€19,612 | +57.2% |
| Income taxes | 67/77 | €12,441 | €21,865 | +€9,424 | +75.7% |
| Profit (loss) for the period | 9904 | €21,835 | €32,024 | +€10,188 | +46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,835 | €32,024 | +€10,188 | +46.7% |
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 11 October 2026 via checked.be.