RENO - SPAN DECOR: 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 - SPAN DECOR
Largest movements
- Tangible fixed assets -€20,957
down €20,957 (-35.3%), from €59,307 to €38,350
of which Furniture and vehicles: -€14,508
- Cash -€7,948
down €7,948 (-14.7%), from €53,984 to €46,036
mainly Net result for the year (-€10,226) and Receivables within one year (-€5,897)
- Receivables within one year +€5,897
up €5,897 (+19,428%), from €30 to €5,927
of which Trade receivables: +€5,927
- Profit (loss) carried forward -€10,226
down €10,226 (-10.1%), from -€101,627 to -€111,853
- Tax, wage and social debts -€3,991
down €3,991 (-54.2%), from €7,368 to €3,376
of which Remuneration and social security: -€3,487
- Trade debts -€3,953
no longer reported in 2025 (was €3,953)
- Current portion of long-term debt -€3,799
down €3,799 (-74.8%), from €5,079 to €1,280
- Staff costs -€51,887
down €51,887 (-91.4%), from €56,781 to €4,894
- Gross operating margin -€10,626
down €10,626 (-47.5%), from €22,348 to €11,722
- Financial income +€8,212
up €8,212 (+1,604%), from €512 to €8,724
of which Non-recurring financial income: +€8,409
- Depreciation -€1,245
down €1,245 (-5.2%), from €24,129 to €22,883
- Other operating charges +€273
up €273 (+34.2%), from €799 to €1,072
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 | €128,904 | €105,274 | -€23,630 | -18.3% |
| Fixed assets | 21/28 | €59,307 | €38,350 | -€20,957 | -35.3% |
| Tangible fixed assets | 22/27 | €59,307 | €38,350 | -€20,957 | -35.3% |
| Plant, machinery and equipment | 23 | €5,903 | €4,797 | -€1,107 | -18.7% |
| Furniture and vehicles | 24 | €38,567 | €24,060 | -€14,508 | -37.6% |
| Other tangible fixed assets | 26 | €14,837 | €9,494 | -€5,343 | -36.0% |
| Current assets | 29/58 | €69,597 | €66,924 | -€2,673 | -3.8% |
| Stocks and contracts in progress | 3 | €15,359 | €14,761 | -€598 | -3.9% |
| Stocks | 30/36 | €15,359 | €14,761 | -€598 | -3.9% |
| Amounts receivable within one year | 40/41 | €30 | €5,927 | +€5,897 | +19,428% |
| Trade receivables | 40 | - | €5,927 | +€5,927 | |
| Other amounts receivable | 41 | €30 | - | -€30 | |
| Cash at bank and in hand | 54/58 | €53,984 | €46,036 | -€7,948 | -14.7% |
| Deferred charges and accrued income | 490/1 | €224 | €200 | -€24 | -10.5% |
| Total equity and liabilities | 10/49 | €128,904 | €105,274 | -€23,630 | -18.3% |
| Equity | 10/15 | €108,447 | €98,222 | -€10,226 | -9.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €191,482 | €191,482 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,422 | €10,422 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Own shares acquired | 1312 | €8,563 | €8,563 | = | 0.0% |
| Distributable reserves | 133 | €181,060 | €181,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,627 | -€111,853 | -€10,226 | -10.1% |
| Amounts payable | 17/49 | €20,457 | €7,053 | -€13,404 | -65.5% |
| Amounts payable after more than one year | 17 | €1,280 | - | -€1,280 | |
| Financial debts | 170/4 | €1,280 | - | -€1,280 | |
| Amounts payable within one year | 42/48 | €17,086 | €4,961 | -€12,124 | -71.0% |
| Current portion of amounts payable after more than one year | 42 | €5,079 | €1,280 | -€3,799 | -74.8% |
| Trade debts | 44 | €3,953 | - | -€3,953 | |
| Suppliers | 440/4 | €3,953 | - | -€3,953 | |
| Taxes, remuneration and social security | 45 | €7,368 | €3,376 | -€3,991 | -54.2% |
| Taxes | 450/3 | €3,881 | €3,376 | -€504 | -13.0% |
| Remuneration and social security | 454/9 | €3,487 | - | -€3,487 | |
| Other amounts payable | 47/48 | €685 | €305 | -€380 | -55.5% |
| Accrued charges and deferred income | 492/3 | €2,091 | €2,091 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €56,781 | €4,894 | -€51,887 | -91.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,129 | €22,883 | -€1,245 | -5.2% |
| Other operating charges | 640/8 | €799 | €1,072 | +€273 | +34.2% |
| Gross operating margin | 9900 | €22,348 | €11,722 | -€10,626 | -47.5% |
| Operating profit (loss) | 9901 | -€59,362 | -€17,128 | +€42,234 | +71.1% |
| Financial income | 75/76B | €512 | €8,724 | +€8,212 | +1,604% |
| Recurring financial income | 75 | €512 | €315 | -€197 | -38.5% |
| Non-recurring financial income | 76B | - | €8,409 | +€8,409 | |
| Financial charges | 65/66B | €1,235 | €1,252 | +€17 | +1.4% |
| Recurring financial charges | 65 | €1,235 | €738 | -€497 | -40.2% |
| Non-recurring financial charges | 66B | - | €514 | +€514 | |
| Profit (loss) for the period before taxes | 9903 | -€60,085 | -€9,656 | +€50,428 | +83.9% |
| Income taxes | 67/77 | €702 | €569 | -€133 | -18.9% |
| Profit (loss) for the period | 9904 | -€60,787 | -€10,226 | +€50,561 | +83.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,787 | -€10,226 | +€50,561 | +83.2% |
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 21 October 2026 via checked.be.