RENOADAM: 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.
RENOADAM
Largest movements
- Cash -€27,285
down €27,285 (-91.7%), from €29,750 to €2,465
mainly Other debts (-€38,170) and Investment in fixed assets (net) (-€33,081)
- Receivables within one year +€11,101
up €11,101 (+115%), from €9,628 to €20,729
of which Other amounts receivable: +€10,391
- Tangible fixed assets +€6,770
up €6,770 (+17.6%), from €38,493 to €45,263
of which Furniture and vehicles: +€6,740
- Other debts -€38,170
down €38,170 (-73.4%), from €52,014 to €13,844
- Advances received +€23,528
up €23,528 (+5,797%), from €406 to €23,933
- Trade debts -€7,150
down €7,150 (-94.5%), from €7,567 to €417
- Tax, wage and social debts +€5,842
up €5,842 (+259%), from €2,258 to €8,100
of which Remuneration and social security: +€5,005
- Current portion of long-term debt +€4,264
up €4,264 (+109%), from €3,925 to €8,189
- Depreciation +€6,646
up €6,646 (+33.8%), from €19,665 to €26,311
- Financial income -€4,499
down €4,499 (-100.0%), from €4,500 to €1
- Gross operating margin -€1,423
down €1,423 (-3.7%), from €38,302 to €36,878
- Taxes -€1,028
down €1,028 (-48.2%), from €2,136 to €1,107
- Other operating charges -€439
down €439 (-93.3%), from €471 to €32
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 | €77,903 | €68,729 | -€9,174 | -11.8% |
| Fixed assets | 21/28 | €38,493 | €45,263 | +€6,770 | +17.6% |
| Tangible fixed assets | 22/27 | €38,493 | €45,263 | +€6,770 | +17.6% |
| Plant, machinery and equipment | 23 | €21,195 | €21,226 | +€30 | +0.1% |
| Furniture and vehicles | 24 | €17,298 | €24,038 | +€6,740 | +39.0% |
| Current assets | 29/58 | €39,409 | €23,466 | -€15,944 | -40.5% |
| Amounts receivable within one year | 40/41 | €9,628 | €20,729 | +€11,101 | +115% |
| Trade receivables | 40 | €5,806 | €6,516 | +€710 | +12.2% |
| Other amounts receivable | 41 | €3,822 | €14,213 | +€10,391 | +272% |
| Cash at bank and in hand | 54/58 | €29,750 | €2,465 | -€27,285 | -91.7% |
| Deferred charges and accrued income | 490/1 | €32 | €272 | +€240 | +757% |
| Total equity and liabilities | 10/49 | €77,903 | €68,729 | -€9,174 | -11.8% |
| Equity | 10/15 | €7,071 | €8,090 | +€1,019 | +14.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €25 | €25 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25 | €25 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25 | €25 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,546 | €5,565 | +€1,019 | +22.4% |
| Amounts payable | 17/49 | €70,832 | €60,638 | -€10,193 | -14.4% |
| Amounts payable after more than one year | 17 | €4,663 | €6,156 | +€1,493 | +32.0% |
| Financial debts | 170/4 | €4,663 | €6,156 | +€1,493 | +32.0% |
| Amounts payable within one year | 42/48 | €66,169 | €54,483 | -€11,686 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €3,925 | €8,189 | +€4,264 | +109% |
| Trade debts | 44 | €7,567 | €417 | -€7,150 | -94.5% |
| Suppliers | 440/4 | €7,567 | €417 | -€7,150 | -94.5% |
| Advances received on contracts in progress | 46 | €406 | €23,933 | +€23,528 | +5,797% |
| Taxes, remuneration and social security | 45 | €2,258 | €8,100 | +€5,842 | +259% |
| Taxes | 450/3 | €2,258 | €3,095 | +€837 | +37.1% |
| Remuneration and social security | 454/9 | - | €5,005 | +€5,005 | |
| Other amounts payable | 47/48 | €52,014 | €13,844 | -€38,170 | -73.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,665 | €26,311 | +€6,646 | +33.8% |
| Other operating charges | 640/8 | €471 | €32 | -€439 | -93.3% |
| Gross operating margin | 9900 | €38,302 | €36,878 | -€1,423 | -3.7% |
| Operating profit (loss) | 9901 | €18,166 | €10,535 | -€7,631 | -42.0% |
| Financial income | 75/76B | €4,500 | €1 | -€4,499 | -100.0% |
| Recurring financial income | 75 | €4,500 | €1 | -€4,499 | -100.0% |
| Financial charges | 65/66B | €325 | €409 | +€84 | +26.0% |
| Recurring financial charges | 65 | €325 | €409 | +€84 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €22,341 | €10,127 | -€12,214 | -54.7% |
| Income taxes | 67/77 | €2,136 | €1,107 | -€1,028 | -48.2% |
| Profit (loss) for the period | 9904 | €20,205 | €9,019 | -€11,186 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,205 | €9,019 | -€11,186 | -55.4% |
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 18 October 2026 via checked.be.