ReNo-Rody: 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-Rody
Largest movements
- Tangible fixed assets -€19,594
down €19,594 (-84.8%), from €23,097 to €3,503
- Stocks and contracts +€8,967
new in 2025: €8,967
- Cash +€4,635
up €4,635 (+83.0%), from €5,583 to €10,219
mainly Depreciation (+€19,594) and Trade debts (+€3,886)
- Receivables within one year -€3,857
down €3,857 (-8.5%), from €45,270 to €41,413
of which Trade receivables: -€11,751
- Deferred charges and accrued income +€3,676
new in 2025: €3,676
- Debts after one year -€15,402
down €15,402 (-65.7%), from €23,425 to €8,024
- Trade debts +€3,886
up €3,886 (+55.3%), from €7,029 to €10,915
- Reserves +€2,991
up €2,991 (+15.0%), from €19,989 to €22,980
- Tax, wage and social debts +€1,531
up €1,531 (+19.3%), from €7,927 to €9,458
- Current portion of long-term debt +€822
up €822 (+5.6%), from €14,579 to €15,402
- Gross operating margin -€24,817
down €24,817 (-50.2%), from €49,402 to €24,585
- Taxes -€6,396
down €6,396 (-80.7%), from €7,927 to €1,531
- Other operating charges -€1,391
down €1,391 (-78.3%), from €1,775 to €385
- Financial income +€902
up €902 (+93.0%), from €970 to €1,872
- Depreciation +€690
up €690 (+3.7%), from €18,903 to €19,594
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 | €73,950 | €67,778 | -€6,172 | -8.3% |
| Fixed assets | 21/28 | €23,097 | €3,503 | -€19,594 | -84.8% |
| Tangible fixed assets | 22/27 | €23,097 | €3,503 | -€19,594 | -84.8% |
| Furniture and vehicles | 24 | €23,097 | €3,503 | -€19,594 | -84.8% |
| Current assets | 29/58 | €50,853 | €64,275 | +€13,421 | +26.4% |
| Stocks and contracts in progress | 3 | - | €8,967 | +€8,967 | |
| Contracts in progress | 37 | - | €8,967 | +€8,967 | |
| Amounts receivable within one year | 40/41 | €45,270 | €41,413 | -€3,857 | -8.5% |
| Trade receivables | 40 | €13,032 | €1,281 | -€11,751 | -90.2% |
| Other amounts receivable | 41 | €32,238 | €40,132 | +€7,894 | +24.5% |
| Cash at bank and in hand | 54/58 | €5,583 | €10,219 | +€4,635 | +83.0% |
| Deferred charges and accrued income | 490/1 | - | €3,676 | +€3,676 | |
| Total equity and liabilities | 10/49 | €73,950 | €67,778 | -€6,172 | -8.3% |
| Equity | 10/15 | €20,989 | €23,980 | +€2,991 | +14.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €19,989 | €22,980 | +€2,991 | +15.0% |
| Distributable reserves | 133 | €19,989 | €22,980 | +€2,991 | +15.0% |
| Amounts payable | 17/49 | €52,961 | €43,798 | -€9,163 | -17.3% |
| Amounts payable after more than one year | 17 | €23,425 | €8,024 | -€15,402 | -65.7% |
| Financial debts | 170/4 | €23,425 | €8,024 | -€15,402 | -65.7% |
| Amounts payable within one year | 42/48 | €29,535 | €35,774 | +€6,239 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €14,579 | €15,402 | +€822 | +5.6% |
| Trade debts | 44 | €7,029 | €10,915 | +€3,886 | +55.3% |
| Suppliers | 440/4 | €7,029 | €10,915 | +€3,886 | +55.3% |
| Taxes, remuneration and social security | 45 | €7,927 | €9,458 | +€1,531 | +19.3% |
| Taxes | 450/3 | €7,927 | €9,458 | +€1,531 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,903 | €19,594 | +€690 | +3.7% |
| Other operating charges | 640/8 | €1,775 | €385 | -€1,391 | -78.3% |
| Gross operating margin | 9900 | €49,402 | €24,585 | -€24,817 | -50.2% |
| Operating profit (loss) | 9901 | €28,723 | €4,607 | -€24,116 | -84.0% |
| Financial income | 75/76B | €970 | €1,872 | +€902 | +93.0% |
| Recurring financial income | 75 | €970 | €1,872 | +€902 | +93.0% |
| Financial charges | 65/66B | €1,777 | €1,957 | +€180 | +10.1% |
| Recurring financial charges | 65 | €1,777 | €1,957 | +€180 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €27,916 | €4,522 | -€23,395 | -83.8% |
| Income taxes | 67/77 | €7,927 | €1,531 | -€6,396 | -80.7% |
| Profit (loss) for the period | 9904 | €19,989 | €2,991 | -€16,999 | -85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,989 | €2,991 | -€16,999 | -85.0% |
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 29 October 2026 via checked.be.