RENO-TEAM: 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-TEAM
Largest movements
- Tangible fixed assets -€21,903
down €21,903 (-32.2%), from €68,094 to €46,191
of which Furniture and vehicles: -€21,534
- Deferred charges and accrued income -€1,783
down €1,783 (-25.5%), from €7,003 to €5,221
- Other debts -€19,560
no longer reported in 2025 (was €19,560)
- Debts after one year -€13,099
down €13,099 (-69.9%), from €18,730 to €5,632
- Trade debts +€9,116
up €9,116 (+817%), from €1,116 to €10,232
- Short-term financial debts +€7,231
up €7,231 (+93.4%), from €7,739 to €14,969
- Tax, wage and social debts -€5,046
down €5,046 (-73.6%), from €6,853 to €1,807
- Gross operating margin +€52,684
up €52,684, from -€25,939 to €26,745
- Depreciation -€1,294
down €1,294 (-5.4%), from €24,002 to €22,708
- Other operating charges +€476
up €476 (+24.1%), from €1,976 to €2,452
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 | €80,714 | €56,388 | -€24,325 | -30.1% |
| Fixed assets | 21/28 | €68,094 | €46,191 | -€21,903 | -32.2% |
| Tangible fixed assets | 22/27 | €68,094 | €46,191 | -€21,903 | -32.2% |
| Plant, machinery and equipment | 23 | €369 | - | -€369 | |
| Furniture and vehicles | 24 | €67,726 | €46,191 | -€21,534 | -31.8% |
| Current assets | 29/58 | €12,620 | €10,197 | -€2,422 | -19.2% |
| Amounts receivable within one year | 40/41 | €5,616 | €4,976 | -€640 | -11.4% |
| Trade receivables | 40 | €2,992 | - | -€2,992 | |
| Other amounts receivable | 41 | €2,624 | €4,976 | +€2,352 | +89.6% |
| Deferred charges and accrued income | 490/1 | €7,003 | €5,221 | -€1,783 | -25.5% |
| Total equity and liabilities | 10/49 | €80,714 | €56,388 | -€24,325 | -30.1% |
| Equity | 10/15 | €14,184 | €10,650 | -€3,534 | -24.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,084 | €9,550 | -€3,534 | -27.0% |
| Amounts payable | 17/49 | €66,530 | €45,739 | -€20,791 | -31.3% |
| Amounts payable after more than one year | 17 | €18,730 | €5,632 | -€13,099 | -69.9% |
| Financial debts | 170/4 | €18,730 | €5,632 | -€13,099 | -69.9% |
| Amounts payable within one year | 42/48 | €47,799 | €40,107 | -€7,692 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €12,531 | €13,099 | +€568 | +4.5% |
| Financial debts | 43 | €7,739 | €14,969 | +€7,231 | +93.4% |
| Credit institutions | 430/8 | €7,739 | €14,969 | +€7,231 | +93.4% |
| Trade debts | 44 | €1,116 | €10,232 | +€9,116 | +817% |
| Suppliers | 440/4 | €1,116 | €10,232 | +€9,116 | +817% |
| Taxes, remuneration and social security | 45 | €6,853 | €1,807 | -€5,046 | -73.6% |
| Taxes | 450/3 | €6,853 | €1,807 | -€5,046 | -73.6% |
| Other amounts payable | 47/48 | €19,560 | - | -€19,560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,002 | €22,708 | -€1,294 | -5.4% |
| Other operating charges | 640/8 | €1,976 | €2,452 | +€476 | +24.1% |
| Gross operating margin | 9900 | -€25,939 | €26,745 | +€52,684 | |
| Operating profit (loss) | 9901 | -€51,918 | €1,584 | +€53,502 | |
| Financial income | 75/76B | €3 | €3 | -€1 | -15.9% |
| Recurring financial income | 75 | €3 | €3 | -€1 | -15.9% |
| Financial charges | 65/66B | €4,791 | €4,879 | +€88 | +1.8% |
| Recurring financial charges | 65 | €4,791 | €4,879 | +€88 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€56,706 | -€3,292 | +€53,413 | +94.2% |
| Income taxes | 67/77 | €264 | €242 | -€22 | -8.4% |
| Profit (loss) for the period | 9904 | -€56,970 | -€3,534 | +€53,436 | +93.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,970 | -€3,534 | +€53,436 | +93.8% |
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.