RENOBAT: 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.
RENOBAT
Largest movements
- Receivables within one year +€95,816
up €95,816 (+72.5%), from €132,144 to €227,960
of which Trade receivables: +€87,344
- Cash +€10,326
up €10,326 (+579%), from €1,784 to €12,110
mainly Trade debts (+€97,289) and Net result for the year (+€6,944)
- Trade debts +€97,289
up €97,289 (+77.3%), from €125,928 to €223,217
- Profit (loss) carried forward +€6,944
up €6,944 (+147%), from €4,739 to €11,683
- Gross operating margin +€5,825
up €5,825 (+129%), from €4,516 to €10,341
- Taxes +€1,288
up €1,288 (+189%), from €682 to €1,970
- Depreciation -€356
down €356 (-36.9%), from €966 to €610
- Financial charges -€153
down €153 (-18.3%), from €836 to €683
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 | €137,538 | €243,070 | +€105,532 | +76.7% |
| Fixed assets | 21/28 | €3,610 | €3,000 | -€610 | -16.9% |
| Tangible fixed assets | 22/27 | €610 | - | -€610 | |
| Plant, machinery and equipment | 23 | €610 | - | -€610 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €133,928 | €240,070 | +€106,142 | +79.3% |
| Amounts receivable within one year | 40/41 | €132,144 | €227,960 | +€95,816 | +72.5% |
| Trade receivables | 40 | €119,842 | €207,186 | +€87,344 | +72.9% |
| Other amounts receivable | 41 | €12,302 | €20,774 | +€8,472 | +68.9% |
| Cash at bank and in hand | 54/58 | €1,784 | €12,110 | +€10,326 | +579% |
| Total equity and liabilities | 10/49 | €137,538 | €243,070 | +€105,532 | +76.7% |
| Equity | 10/15 | €10,939 | €17,883 | +€6,944 | +63.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,739 | €11,683 | +€6,944 | +147% |
| Amounts payable | 17/49 | €126,599 | €225,187 | +€98,588 | +77.9% |
| Amounts payable within one year | 42/48 | €126,599 | €225,187 | +€98,588 | +77.9% |
| Trade debts | 44 | €125,928 | €223,217 | +€97,289 | +77.3% |
| Suppliers | 440/4 | €125,928 | €223,217 | +€97,289 | +77.3% |
| Taxes, remuneration and social security | 45 | €671 | €1,970 | +€1,299 | +194% |
| Taxes | 450/3 | €671 | €1,970 | +€1,299 | +194% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €966 | €610 | -€356 | -36.9% |
| Other operating charges | 640/8 | €106 | €134 | +€28 | +26.4% |
| Gross operating margin | 9900 | €4,516 | €10,341 | +€5,825 | +129% |
| Operating profit (loss) | 9901 | €3,444 | €9,597 | +€6,153 | +179% |
| Financial income | 75/76B | €45 | - | -€45 | |
| Recurring financial income | 75 | €45 | - | -€45 | |
| Financial charges | 65/66B | €836 | €683 | -€153 | -18.3% |
| Recurring financial charges | 65 | €836 | €683 | -€153 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €2,653 | €8,914 | +€6,261 | +236% |
| Income taxes | 67/77 | €682 | €1,970 | +€1,288 | +189% |
| Profit (loss) for the period | 9904 | €1,971 | €6,944 | +€4,973 | +252% |
| Profit (loss) for the period to be appropriated | 9905 | €1,971 | €6,944 | +€4,973 | +252% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.