RENOBA: 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.
RENOBA
Largest movements
- Cash +€27,037
up €27,037 (+61.4%), from €44,060 to €71,097
mainly Net result for the year (+€64,685) and Other debts (+€24,254)
- Receivables within one year +€8,762
up €8,762 (+48.0%), from €18,238 to €27,000
of which Other amounts receivable: +€6,814
- Deferred charges and accrued income -€2,000
down €2,000 (-100.0%), from €2,000 to €0
- Other debts +€24,254
up €24,254 (+75.3%), from €32,193 to €56,447
- Profit (loss) carried forward +€4,685
up €4,685 (+321.1%), from €1,459 to €6,144
- Tax, wage and social debts +€4,388
up €4,388 (+51.6%), from €8,497 to €12,885
- Trade debts +€1,028
up €1,028 (+23.0%), from €4,473 to €5,501
- Gross operating margin +€10,793
up €10,793 (+13.6%), from €79,434 to €90,227
- Taxes +€3,018
up €3,018 (+14.4%), from €20,888 to €23,906
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.
Cash bridge derived
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 | €66,426 | €100,781 | +€34,355 | +51.7% |
| Fixed assets | 21/28 | €2,128 | €2,684 | +€556 | +26.1% |
| Tangible fixed assets | 22/27 | €2,128 | €2,684 | +€556 | +26.1% |
| Furniture and vehicles | 24 | €2,128 | €2,684 | +€556 | +26.1% |
| Current assets | 29/58 | €64,298 | €98,097 | +€33,799 | +52.6% |
| Amounts receivable within one year | 40/41 | €18,238 | €27,000 | +€8,762 | +48.0% |
| Trade receivables | 40 | €16,952 | €18,900 | +€1,948 | +11.5% |
| Other amounts receivable | 41 | €1,286 | €8,100 | +€6,814 | +529.8% |
| Cash at bank and in hand | 54/58 | €44,060 | €71,097 | +€27,037 | +61.4% |
| Deferred charges and accrued income | 490/1 | €2,000 | €0 | -€2,000 | -100.0% |
| Total equity and liabilities | 10/49 | €66,426 | €100,781 | +€34,355 | +51.7% |
| Equity | 10/15 | €21,262 | €25,947 | +€4,685 | +22.0% |
| Contributions | 10/11 | €19,803 | €19,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,459 | €6,144 | +€4,685 | +321.1% |
| Amounts payable | 17/49 | €45,164 | €74,834 | +€29,670 | +65.7% |
| Amounts payable within one year | 42/48 | €45,164 | €74,834 | +€29,670 | +65.7% |
| Trade debts | 44 | €4,473 | €5,501 | +€1,028 | +23.0% |
| Suppliers | 440/4 | €4,473 | €5,501 | +€1,028 | +23.0% |
| Taxes, remuneration and social security | 45 | €8,497 | €12,885 | +€4,388 | +51.6% |
| Taxes | 450/3 | €8,497 | €12,885 | +€4,388 | +51.6% |
| Other amounts payable | 47/48 | €32,193 | €56,447 | +€24,254 | +75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €910 | +€414 | +83.3% |
| Other operating charges | 640/8 | €638 | €400 | -€238 | -37.3% |
| Gross operating margin | 9900 | €79,434 | €90,227 | +€10,793 | +13.6% |
| Operating profit (loss) | 9901 | €78,300 | €88,917 | +€10,617 | +13.6% |
| Financial income | 75/76B | €1 | €149 | +€148 | +24718.3% |
| Recurring financial income | 75 | €1 | €149 | +€148 | +24718.3% |
| Financial charges | 65/66B | €390 | €475 | +€85 | +21.9% |
| Recurring financial charges | 65 | €390 | €475 | +€85 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €77,911 | €88,591 | +€10,680 | +13.7% |
| Income taxes | 67/77 | €20,888 | €23,906 | +€3,018 | +14.4% |
| Profit (loss) for the period | 9904 | €57,023 | €64,685 | +€7,662 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,023 | €64,685 | +€7,662 | +13.4% |
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 9 October 2026 via checked.be.