RENO-VI: 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-VI
Largest movements
- Receivables within one year -€275,183
down €275,183 (-71.8%), from €383,041 to €107,858
of which Other amounts receivable: -€197,689
- Stocks and contracts +€124,938
up €124,938 (+96.0%), from €130,104 to €255,042
- Other debts -€234,474
down €234,474 (-87.0%), from €269,401 to €34,927
- Trade debts +€91,342
up €91,342 (+45.0%), from €202,782 to €294,123
- Debts after one year -€13,587
down €13,587 (-47.0%), from €28,931 to €15,344
- Staff costs +€25,335
new in 2024: €25,335
- Gross operating margin +€13,186
up €13,186 (+52.5%), from €25,136 to €38,322
- Depreciation -€13,067
down €13,067 (-100.0%), from €13,067 to €0
- Other operating charges +€1,894
up €1,894 (+154.0%), from €1,230 to €3,123
- Financial charges +€535
up €535 (+7.1%), from €7,505 to €8,039
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €566,621 | €418,734 | -€147,887 | -26.1% |
| Fixed assets | 21/28 | €50,882 | €55,354 | +€4,472 | +8.8% |
| Tangible fixed assets | 22/27 | €50,882 | €55,354 | +€4,472 | +8.8% |
| Plant, machinery and equipment | 23 | €5,109 | €5,109 | = | 0.0% |
| Furniture and vehicles | 24 | €45,773 | €50,245 | +€4,472 | +9.8% |
| Current assets | 29/58 | €515,739 | €363,380 | -€152,359 | -29.5% |
| Stocks and contracts in progress | 3 | €130,104 | €255,042 | +€124,938 | +96.0% |
| Contracts in progress | 37 | €130,104 | €255,042 | +€124,938 | +96.0% |
| Amounts receivable within one year | 40/41 | €383,041 | €107,858 | -€275,183 | -71.8% |
| Trade receivables | 40 | €181,310 | €103,816 | -€77,494 | -42.7% |
| Other amounts receivable | 41 | €201,731 | €4,042 | -€197,689 | -98.0% |
| Cash at bank and in hand | 54/58 | €2,593 | €479 | -€2,114 | -81.5% |
| Total equity and liabilities | 10/49 | €566,621 | €418,734 | -€147,887 | -26.1% |
| Equity | 10/15 | €45,414 | €46,539 | +€1,125 | +2.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €43,914 | €45,039 | +€1,125 | +2.6% |
| Distributable reserves | 133 | €43,914 | €45,039 | +€1,125 | +2.6% |
| Amounts payable | 17/49 | €521,207 | €372,195 | -€149,012 | -28.6% |
| Amounts payable after more than one year | 17 | €28,931 | €15,344 | -€13,587 | -47.0% |
| Financial debts | 170/4 | €28,931 | €15,344 | -€13,587 | -47.0% |
| Amounts payable within one year | 42/48 | €492,276 | €356,851 | -€135,425 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €13,079 | €15,814 | +€2,734 | +20.9% |
| Trade debts | 44 | €202,782 | €294,123 | +€91,342 | +45.0% |
| Suppliers | 440/4 | €202,782 | €294,123 | +€91,342 | +45.0% |
| Taxes, remuneration and social security | 45 | €7,013 | €11,986 | +€4,973 | +70.9% |
| Taxes | 450/3 | €7,013 | €8,194 | +€1,180 | +16.8% |
| Remuneration and social security | 454/9 | - | €3,792 | +€3,792 | |
| Other amounts payable | 47/48 | €269,401 | €34,927 | -€234,474 | -87.0% |
| Remuneration, social security and pensions | 62 | - | €25,335 | +€25,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,067 | €0 | -€13,067 | -100.0% |
| Other operating charges | 640/8 | €1,230 | €3,123 | +€1,894 | +154.0% |
| Gross operating margin | 9900 | €25,136 | €38,322 | +€13,186 | +52.5% |
| Operating profit (loss) | 9901 | €10,840 | €9,864 | -€976 | -9.0% |
| Financial income | 75/76B | €778 | €1,216 | +€438 | +56.3% |
| Recurring financial income | 75 | €778 | €1,216 | +€438 | +56.3% |
| Financial charges | 65/66B | €7,505 | €8,039 | +€535 | +7.1% |
| Recurring financial charges | 65 | €7,505 | €8,039 | +€535 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €4,114 | €3,041 | -€1,072 | -26.1% |
| Income taxes | 67/77 | €1,778 | €1,916 | +€138 | +7.8% |
| Profit (loss) for the period | 9904 | €2,336 | €1,125 | -€1,211 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,336 | €1,125 | -€1,211 | -51.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.