Reno-Well: 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-Well
Largest movements
- Tangible fixed assets -€15,698
down €15,698 (-27.1%), from €57,964 to €42,266
of which Furniture and vehicles: -€9,968
- Receivables within one year +€10,158
up €10,158 (+88.2%), from €11,513 to €21,671
of which Other amounts receivable: +€6,654
- Cash -€9,856
down €9,856 (-33.9%), from €29,106 to €19,250
mainly Debts after one year (-€12,512) and Receivables within one year (-€10,158)
- Financial fixed assets +€1,800
new in 2025: €1,800
- Debts after one year -€12,512
down €12,512 (-34.9%), from €35,849 to €23,337
- Advances received -€3,302
down €3,302 (-100%), from €3,302 to €0
- Tax, wage and social debts +€2,510
up €2,510 (+26.9%), from €9,344 to €11,854
- Reserves -€1,815
down €1,815 (-5.1%), from €35,785 to €33,970
- Gross operating margin -€23,248
down €23,248 (-53.2%), from €43,679 to €20,431
- Depreciation +€6,843
up €6,843 (+77.3%), from €8,855 to €15,698
- Taxes -€5,821
down €5,821 (-74.5%), from €7,808 to €1,988
- Financial charges +€974
up €974 (+79.5%), from €1,225 to €2,199
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 | €99,036 | €84,987 | -€14,049 | -14.2% |
| Fixed assets | 21/28 | €57,964 | €44,066 | -€13,898 | -24.0% |
| Tangible fixed assets | 22/27 | €57,964 | €42,266 | -€15,698 | -27.1% |
| Plant, machinery and equipment | 23 | €1,506 | €775 | -€731 | -48.5% |
| Furniture and vehicles | 24 | €45,048 | €35,080 | -€9,968 | -22.1% |
| Leasing and similar rights | 25 | €11,411 | €6,411 | -€5,000 | -43.8% |
| Financial fixed assets | 28 | - | €1,800 | +€1,800 | |
| Current assets | 29/58 | €41,072 | €40,921 | -€151 | -0.4% |
| Amounts receivable within one year | 40/41 | €11,513 | €21,671 | +€10,158 | +88.2% |
| Trade receivables | 40 | €351 | €3,854 | +€3,503 | +998% |
| Other amounts receivable | 41 | €11,162 | €17,817 | +€6,654 | +59.6% |
| Cash at bank and in hand | 54/58 | €29,106 | €19,250 | -€9,856 | -33.9% |
| Deferred charges and accrued income | 490/1 | €452 | €0 | -€452 | -100% |
| Total equity and liabilities | 10/49 | €99,036 | €84,987 | -€14,049 | -14.2% |
| Equity | 10/15 | €38,285 | €36,470 | -€1,815 | -4.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €35,785 | €33,970 | -€1,815 | -5.1% |
| Distributable reserves | 133 | €35,785 | €33,970 | -€1,815 | -5.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €60,751 | €48,516 | -€12,234 | -20.1% |
| Amounts payable after more than one year | 17 | €35,849 | €23,337 | -€12,512 | -34.9% |
| Financial debts | 170/4 | €35,849 | €23,337 | -€12,512 | -34.9% |
| Amounts payable within one year | 42/48 | €24,901 | €25,179 | +€278 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €12,003 | €12,512 | +€509 | +4.2% |
| Trade debts | 44 | €253 | €813 | +€561 | +222% |
| Suppliers | 440/4 | €253 | €813 | +€561 | +222% |
| Advances received on contracts in progress | 46 | €3,302 | €0 | -€3,302 | -100% |
| Taxes, remuneration and social security | 45 | €9,344 | €11,854 | +€2,510 | +26.9% |
| Taxes | 450/3 | €9,344 | €11,854 | +€2,510 | +26.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,855 | €15,698 | +€6,843 | +77.3% |
| Other operating charges | 640/8 | €624 | €694 | +€70 | +11.3% |
| Gross operating margin | 9900 | €43,679 | €20,431 | -€23,248 | -53.2% |
| Operating profit (loss) | 9901 | €34,200 | €4,038 | -€30,161 | -88.2% |
| Financial income | 75/76B | €597 | €911 | +€313 | +52.5% |
| Recurring financial income | 75 | €597 | €911 | +€313 | +52.5% |
| Financial charges | 65/66B | €1,225 | €2,199 | +€974 | +79.5% |
| Recurring financial charges | 65 | €1,225 | €2,199 | +€974 | +79.5% |
| Profit (loss) for the period before taxes | 9903 | €33,572 | €2,749 | -€30,822 | -91.8% |
| Income taxes | 67/77 | €7,808 | €1,988 | -€5,821 | -74.5% |
| Profit (loss) for the period | 9904 | €25,764 | €762 | -€25,002 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,764 | €762 | -€25,002 | -97.0% |
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 23 October 2026 via checked.be.