Reno-toit: 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-toit
Largest movements
- Receivables within one year +€93,252
up €93,252 (+61.5%), from €151,724 to €244,976
of which Trade receivables: +€52,113
- Cash -€14,966
down €14,966 (-62.9%), from €23,788 to €8,823
mainly Receivables within one year (-€93,252) and Investment in fixed assets (net) (-€23,023)
- Tangible fixed assets +€7,837
up €7,837 (+31.3%), from €25,044 to €32,881
of which Furniture and vehicles: +€7,182
- Deferred charges and accrued income +€7,358
up €7,358 (+40.5%), from €18,156 to €25,514
- Financial fixed assets +€5,901
new in 2025: €5,901
- Accrued charges and deferred income +€37,313
new in 2025: €37,313
- Profit (loss) carried forward +€36,140
up €36,140 (+37.5%), from -€96,328 to -€60,188
- Tax, wage and social debts +€28,214
up €28,214 (+1,331%), from €2,121 to €30,335
of which Taxes: +€14,877
- Current portion of long-term debt -€6,512
down €6,512 (-83.0%), from €7,846 to €1,334
- Gross operating margin +€106,483
up €106,483 (+52.0%), from €204,731 to €311,214
- Staff costs +€27,881
up €27,881 (+14.2%), from €196,818 to €224,699
- Taxes +€16,616
up €16,616, from €0 to €16,616
- Other operating charges +€10,233
up €10,233 (+133%), from €7,674 to €17,907
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 | €375,175 | €468,162 | +€92,987 | +24.8% |
| Fixed assets | 21/28 | €27,637 | €40,721 | +€13,084 | +47.3% |
| Intangible fixed assets | 21 | €2,593 | €1,939 | -€654 | -25.2% |
| Tangible fixed assets | 22/27 | €25,044 | €32,881 | +€7,837 | +31.3% |
| Plant, machinery and equipment | 23 | €10,434 | €11,089 | +€655 | +6.3% |
| Furniture and vehicles | 24 | €14,610 | €21,792 | +€7,182 | +49.2% |
| Financial fixed assets | 28 | - | €5,901 | +€5,901 | |
| Current assets | 29/58 | €347,538 | €427,441 | +€79,903 | +23.0% |
| Stocks and contracts in progress | 3 | €153,870 | €148,129 | -€5,742 | -3.7% |
| Stocks | 30/36 | €15,904 | €29,967 | +€14,063 | +88.4% |
| Contracts in progress | 37 | €137,966 | €118,162 | -€19,805 | -14.4% |
| Amounts receivable within one year | 40/41 | €151,724 | €244,976 | +€93,252 | +61.5% |
| Trade receivables | 40 | €119,364 | €171,477 | +€52,113 | +43.7% |
| Other amounts receivable | 41 | €32,360 | €73,499 | +€41,139 | +127% |
| Cash at bank and in hand | 54/58 | €23,788 | €8,823 | -€14,966 | -62.9% |
| Deferred charges and accrued income | 490/1 | €18,156 | €25,514 | +€7,358 | +40.5% |
| Total equity and liabilities | 10/49 | €375,175 | €468,162 | +€92,987 | +24.8% |
| Equity | 10/15 | -€74,420 | -€38,280 | +€36,140 | +48.6% |
| Contributions | 10/11 | €12,400 | €14,260 | +€1,860 | +15.0% |
| Reserves | 13 | €9,508 | €7,648 | -€1,860 | -19.6% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €7,648 | €7,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,328 | -€60,188 | +€36,140 | +37.5% |
| Amounts payable | 17/49 | €449,595 | €506,442 | +€56,847 | +12.6% |
| Amounts payable after more than one year | 17 | €1,334 | €0 | -€1,334 | -100% |
| Financial debts | 170/4 | €1,334 | €0 | -€1,334 | -100% |
| Amounts payable within one year | 42/48 | €448,261 | €469,129 | +€20,868 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €7,846 | €1,334 | -€6,512 | -83.0% |
| Trade debts | 44 | €407,156 | €406,322 | -€834 | -0.2% |
| Suppliers | 440/4 | €407,156 | €406,322 | -€834 | -0.2% |
| Taxes, remuneration and social security | 45 | €2,121 | €30,335 | +€28,214 | +1,331% |
| Taxes | 450/3 | €2,121 | €16,998 | +€14,877 | +702% |
| Remuneration and social security | 454/9 | €0 | €13,337 | +€13,337 | |
| Other amounts payable | 47/48 | €31,139 | €31,139 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €37,313 | +€37,313 | |
| Non-recurring operating income | 76A | - | €9,230 | +€9,230 | |
| Remuneration, social security and pensions | 62 | €196,818 | €224,699 | +€27,881 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,890 | €9,939 | +€1,049 | +11.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €448 | €996 | +€548 | +122% |
| Other operating charges | 640/8 | €7,674 | €17,907 | +€10,233 | +133% |
| Non-recurring operating charges | 66A | €17,962 | €4,589 | -€13,372 | -74.4% |
| Gross operating margin | 9900 | €204,731 | €311,214 | +€106,483 | +52.0% |
| Operating profit (loss) | 9901 | -€27,061 | €53,084 | +€80,145 | |
| Financial income | 75/76B | €237 | €607 | +€370 | +156% |
| Recurring financial income | 75 | €237 | €607 | +€370 | +156% |
| Financial charges | 65/66B | €1,451 | €934 | -€517 | -35.6% |
| Recurring financial charges | 65 | €1,451 | €934 | -€517 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,275 | €52,756 | +€81,031 | |
| Income taxes | 67/77 | €0 | €16,616 | +€16,616 | |
| Profit (loss) for the period | 9904 | -€28,275 | €36,140 | +€64,415 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,275 | €36,140 | +€64,415 |
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 1 November 2026 via checked.be.