RENOBATO: 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.
RENOBATO
Largest movements
- Cash +€55,031
up €55,031 (+43.8%), from €125,612 to €180,642
mainly Stocks and contracts (+€30,839) and Net result for the year (+€26,330)
- Stocks and contracts -€30,839
down €30,839 (-48.8%), from €63,170 to €32,331
of which Contracts in progress: -€28,707
- Receivables within one year -€14,538
down €14,538 (-29.7%), from €48,890 to €34,353
- Tax, wage and social debts +€7,754
up €7,754 (+46.1%), from €16,836 to €24,591
- Trade debts +€5,429
up €5,429 (+74.0%), from €7,334 to €12,763
- Other debts -€2,632
down €2,632 (-2.0%), from €129,597 to €126,965
- Gross operating margin +€12,449
up €12,449 (+34.0%), from €36,633 to €49,081
- Taxes +€4,183
up €4,183 (+42.5%), from €9,836 to €14,018
- Financial charges +€3,696
up €3,696 (+504%), from €733 to €4,428
- Depreciation +€709
up €709 (+39.5%), from €1,797 to €2,506
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 | €242,453 | €251,469 | +€9,016 | +3.7% |
| Fixed assets | 21/28 | €3,180 | €3,342 | +€162 | +5.1% |
| Tangible fixed assets | 22/27 | €3,180 | €3,342 | +€162 | +5.1% |
| Plant, machinery and equipment | 23 | €2,509 | €997 | -€1,511 | -60.2% |
| Furniture and vehicles | 24 | €671 | €2,344 | +€1,673 | +249% |
| Current assets | 29/58 | €239,274 | €248,127 | +€8,853 | +3.7% |
| Stocks and contracts in progress | 3 | €63,170 | €32,331 | -€30,839 | -48.8% |
| Stocks | 30/36 | €29,463 | €27,331 | -€2,132 | -7.2% |
| Contracts in progress | 37 | €33,707 | €5,000 | -€28,707 | -85.2% |
| Amounts receivable within one year | 40/41 | €48,890 | €34,353 | -€14,538 | -29.7% |
| Trade receivables | 40 | €48,890 | €34,353 | -€14,538 | -29.7% |
| Cash at bank and in hand | 54/58 | €125,612 | €180,642 | +€55,031 | +43.8% |
| Deferred charges and accrued income | 490/1 | €1,602 | €802 | -€801 | -50.0% |
| Total equity and liabilities | 10/49 | €242,453 | €251,469 | +€9,016 | +3.7% |
| Equity | 10/15 | €88,686 | €87,150 | -€1,536 | -1.7% |
| Contributions | 10/11 | €1,691 | €1,691 | = | 0.0% |
| Reserves | 13 | €86,995 | €85,459 | -€1,536 | -1.8% |
| Distributable reserves | 133 | €86,995 | €85,459 | -€1,536 | -1.8% |
| Amounts payable | 17/49 | €153,768 | €164,319 | +€10,552 | +6.9% |
| Amounts payable within one year | 42/48 | €153,768 | €164,319 | +€10,552 | +6.9% |
| Trade debts | 44 | €7,334 | €12,763 | +€5,429 | +74.0% |
| Suppliers | 440/4 | €7,334 | €12,763 | +€5,429 | +74.0% |
| Taxes, remuneration and social security | 45 | €16,836 | €24,591 | +€7,754 | +46.1% |
| Taxes | 450/3 | €16,836 | €24,591 | +€7,754 | +46.1% |
| Other amounts payable | 47/48 | €129,597 | €126,965 | -€2,632 | -2.0% |
| Non-recurring operating income | 76A | - | €3,611 | +€3,611 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,797 | €2,506 | +€709 | +39.5% |
| Other operating charges | 640/8 | €2,092 | €2,192 | +€100 | +4.8% |
| Gross operating margin | 9900 | €36,633 | €49,081 | +€12,449 | +34.0% |
| Operating profit (loss) | 9901 | €32,744 | €44,384 | +€11,640 | +35.5% |
| Financial income | 75/76B | €267 | €392 | +€126 | +47.1% |
| Recurring financial income | 75 | €267 | €392 | +€126 | +47.1% |
| Financial charges | 65/66B | €733 | €4,428 | +€3,696 | +504% |
| Recurring financial charges | 65 | €733 | €4,428 | +€3,696 | +504% |
| Profit (loss) for the period before taxes | 9903 | €32,278 | €40,348 | +€8,070 | +25.0% |
| Income taxes | 67/77 | €9,836 | €14,018 | +€4,183 | +42.5% |
| Profit (loss) for the period | 9904 | €22,443 | €26,330 | +€3,887 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,443 | €26,330 | +€3,887 | +17.3% |
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 18 October 2026 via checked.be.