RenoArtPro: 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.
RenoArtPro
Largest movements
- Receivables within one year +€289,000
up €289,000 (+168%), from €171,710 to €460,709
of which Trade receivables: +€275,557
- Cash -€27,536
down €27,536 (-76.7%), from €35,890 to €8,354
mainly Receivables within one year (-€289,000) and Investment in fixed assets (net) (-€26,850)
- Tangible fixed assets -€8,298
down €8,298 (-6.3%), from €130,850 to €122,552
of which Leasing and similar rights: -€8,281
- Reserves +€158,969
up €158,969 (+94.3%), from €168,597 to €327,566
- Tax, wage and social debts +€69,458
up €69,458 (+153%), from €45,452 to €114,910
of which Taxes: +€63,673
- Trade debts +€28,357
up €28,357 (+164%), from €17,280 to €45,638
- Debts after one year -€6,978
down €6,978 (-8.7%), from €80,400 to €73,422
- Gross operating margin +€178,648
up €178,648 (+113%), from €158,053 to €336,701
- Staff costs +€67,332
up €67,332 (+4,429%), from €1,520 to €68,852
- Taxes +€24,406
up €24,406 (+90.1%), from €27,093 to €51,499
- Depreciation +€12,503
up €12,503 (+55.2%), from €22,645 to €35,148
- Other operating charges +€8,959
up €8,959 (+115%), from €7,797 to €16,756
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 | €340,815 | €595,952 | +€255,137 | +74.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €130,850 | €122,552 | -€8,298 | -6.3% |
| Tangible fixed assets | 22/27 | €130,850 | €122,552 | -€8,298 | -6.3% |
| Plant, machinery and equipment | 23 | €4,361 | €7,161 | +€2,800 | +64.2% |
| Furniture and vehicles | 24 | €7,784 | €4,966 | -€2,818 | -36.2% |
| Leasing and similar rights | 25 | €118,705 | €110,424 | -€8,281 | -7.0% |
| Current assets | 29/58 | €209,965 | €473,400 | +€263,435 | +125% |
| Amounts receivable within one year | 40/41 | €171,710 | €460,709 | +€289,000 | +168% |
| Trade receivables | 40 | €117,479 | €393,036 | +€275,557 | +235% |
| Other amounts receivable | 41 | €54,231 | €67,673 | +€13,442 | +24.8% |
| Cash at bank and in hand | 54/58 | €35,890 | €8,354 | -€27,536 | -76.7% |
| Deferred charges and accrued income | 490/1 | €2,366 | €4,337 | +€1,972 | +83.3% |
| Total equity and liabilities | 10/49 | €340,815 | €595,952 | +€255,137 | +74.9% |
| Equity | 10/15 | €175,597 | €334,566 | +€158,969 | +90.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €168,597 | €327,566 | +€158,969 | +94.3% |
| Distributable reserves | 133 | €168,597 | €327,566 | +€158,969 | +94.3% |
| Amounts payable | 17/49 | €165,218 | €261,386 | +€96,168 | +58.2% |
| Amounts payable after more than one year | 17 | €80,400 | €73,422 | -€6,978 | -8.7% |
| Financial debts | 170/4 | €80,400 | €73,422 | -€6,978 | -8.7% |
| Amounts payable within one year | 42/48 | €84,818 | €187,964 | +€103,146 | +122% |
| Current portion of amounts payable after more than one year | 42 | €22,086 | €27,416 | +€5,331 | +24.1% |
| Trade debts | 44 | €17,280 | €45,638 | +€28,357 | +164% |
| Suppliers | 440/4 | €17,280 | €45,638 | +€28,357 | +164% |
| Taxes, remuneration and social security | 45 | €45,452 | €114,910 | +€69,458 | +153% |
| Taxes | 450/3 | €45,452 | €109,125 | +€63,673 | +140% |
| Remuneration and social security | 454/9 | - | €5,785 | +€5,785 | |
| Remuneration, social security and pensions | 62 | €1,520 | €68,852 | +€67,332 | +4,429% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,645 | €35,148 | +€12,503 | +55.2% |
| Other operating charges | 640/8 | €7,797 | €16,756 | +€8,959 | +115% |
| Gross operating margin | 9900 | €158,053 | €336,701 | +€178,648 | +113% |
| Operating profit (loss) | 9901 | €126,091 | €215,946 | +€89,855 | +71.3% |
| Financial income | 75/76B | €2,175 | €2,228 | +€53 | +2.5% |
| Recurring financial income | 75 | €2,175 | €2,228 | +€53 | +2.5% |
| Financial charges | 65/66B | €4,518 | €7,706 | +€3,188 | +70.6% |
| Recurring financial charges | 65 | €4,518 | €7,706 | +€3,188 | +70.6% |
| Profit (loss) for the period before taxes | 9903 | €123,748 | €210,468 | +€86,721 | +70.1% |
| Income taxes | 67/77 | €27,093 | €51,499 | +€24,406 | +90.1% |
| Profit (loss) for the period | 9904 | €96,655 | €158,969 | +€62,314 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €96,655 | €158,969 | +€62,314 | +64.5% |
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 13 October 2026 via checked.be.