RENO-PLAF: 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-PLAF
Largest movements
- Receivables within one year +€9,474
up €9,474 (+4.8%), from €196,911 to €206,384
of which Other amounts receivable: +€5,340
- Tangible fixed assets +€2,235
up €2,235 (+716%), from €312 to €2,547
of which Furniture and vehicles: +€1,910
- Trade debts +€10,164
up €10,164 (+33.0%), from €30,758 to €40,922
- Profit (loss) carried forward +€7,131
up €7,131 (+5.9%), from €121,838 to €128,969
- Short-term financial debts -€4,014
down €4,014 (-23.7%), from €16,949 to €12,935
- Tax, wage and social debts -€2,790
down €2,790 (-16.7%), from €16,685 to €13,895
of which Remuneration and social security: -€3,896
- Gross operating margin -€17,629
down €17,629 (-21.6%), from €81,583 to €63,954
- Staff costs +€6,140
up €6,140 (+14.3%), from €42,924 to €49,063
- Taxes +€2,175
up €2,175 (+362%), from €601 to €2,776
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €198,151 | €209,838 | +€11,687 | +5.9% |
| Fixed assets | 21/28 | €1,067 | €3,302 | +€2,235 | +209% |
| Tangible fixed assets | 22/27 | €312 | €2,547 | +€2,235 | +716% |
| Plant, machinery and equipment | 23 | €68 | €394 | +€325 | +475% |
| Furniture and vehicles | 24 | €244 | €2,153 | +€1,910 | +784% |
| Financial fixed assets | 28 | €755 | €755 | = | 0.0% |
| Current assets | 29/58 | €197,083 | €206,535 | +€9,452 | +4.8% |
| Amounts receivable within one year | 40/41 | €196,911 | €206,384 | +€9,474 | +4.8% |
| Trade receivables | 40 | €148,975 | €153,109 | +€4,134 | +2.8% |
| Other amounts receivable | 41 | €47,936 | €53,275 | +€5,340 | +11.1% |
| Deferred charges and accrued income | 490/1 | €172 | €151 | -€21 | -12.4% |
| Total equity and liabilities | 10/49 | €198,151 | €209,838 | +€11,687 | +5.9% |
| Equity | 10/15 | €129,898 | €137,029 | +€7,131 | +5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,838 | €128,969 | +€7,131 | +5.9% |
| Amounts payable | 17/49 | €68,253 | €72,809 | +€4,556 | +6.7% |
| Amounts payable within one year | 42/48 | €68,253 | €71,613 | +€3,360 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €3,861 | €3,861 | = | 0.0% |
| Financial debts | 43 | €16,949 | €12,935 | -€4,014 | -23.7% |
| Credit institutions | 430/8 | €16,949 | €12,935 | -€4,014 | -23.7% |
| Trade debts | 44 | €30,758 | €40,922 | +€10,164 | +33.0% |
| Suppliers | 440/4 | €30,758 | €40,922 | +€10,164 | +33.0% |
| Taxes, remuneration and social security | 45 | €16,685 | €13,895 | -€2,790 | -16.7% |
| Taxes | 450/3 | €1,075 | €2,180 | +€1,105 | +103% |
| Remuneration and social security | 454/9 | €15,610 | €11,714 | -€3,896 | -25.0% |
| Accrued charges and deferred income | 492/3 | - | €1,196 | +€1,196 | |
| Remuneration, social security and pensions | 62 | €42,924 | €49,063 | +€6,140 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €886 | €1,275 | +€389 | +43.9% |
| Other operating charges | 640/8 | €2,816 | €2,260 | -€556 | -19.8% |
| Gross operating margin | 9900 | €81,583 | €63,954 | -€17,629 | -21.6% |
| Operating profit (loss) | 9901 | €34,958 | €11,356 | -€23,602 | -67.5% |
| Financial income | 75/76B | €958 | €952 | -€6 | -0.6% |
| Recurring financial income | 75 | €958 | €952 | -€6 | -0.6% |
| Financial charges | 65/66B | €2,371 | €2,401 | +€30 | +1.2% |
| Recurring financial charges | 65 | €2,371 | €2,401 | +€30 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €33,545 | €9,907 | -€23,637 | -70.5% |
| Income taxes | 67/77 | €601 | €2,776 | +€2,175 | +362% |
| Profit (loss) for the period | 9904 | €32,943 | €7,131 | -€25,812 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,943 | €7,131 | -€25,812 | -78.4% |
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 22 October 2026 via checked.be.