RENOBE: what changed
Two fiscal 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.
RENOBE
Largest movements
- Tangible fixed assets -€26,470
down €26,470 (-6.8%), from €387,846 to €361,375
of which Land and buildings: -€13,958
- Receivables within one year -€12,800
down €12,800 (-63.8%), from €20,060 to €7,260
of which Trade receivables: -€12,100
- Debts after one year -€77,636
down €77,636 (-23.8%), from €326,566 to €248,930
of which Other amounts payable: -€47,227
- Reserves +€25,723
up €25,723 (+87.6%), from €29,350 to €55,073
of which Distributable reserves: +€25,723
- Other debts +€9,878
up €9,878 (+5.3%), from €184,884 to €194,762
- Gross operating margin +€7,569
up €7,569 (+8.9%), from €84,690 to €92,259
- Depreciation +€5,500
up €5,500 (+26.2%), from €20,971 to €26,470
- Taxes +€3,267
up €3,267 (+48.3%), from €6,758 to €10,026
- Financial charges +€2,664
up €2,664 (+16.7%), from €15,940 to €18,604
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 | €893,304 | €854,813 | -€38,490 | -4.3% |
| Fixed assets | 21/28 | €857,219 | €830,749 | -€26,470 | -3.1% |
| Tangible fixed assets | 22/27 | €387,846 | €361,375 | -€26,470 | -6.8% |
| Land and buildings | 22 | €332,698 | €318,740 | -€13,958 | -4.2% |
| Plant, machinery and equipment | 23 | €1,437 | €977 | -€460 | -32.0% |
| Furniture and vehicles | 24 | €53,711 | €41,658 | -€12,053 | -22.4% |
| Financial fixed assets | 28 | €469,373 | €469,373 | = | 0.0% |
| Current assets | 29/58 | €36,085 | €24,065 | -€12,020 | -33.3% |
| Amounts receivable within one year | 40/41 | €20,060 | €7,260 | -€12,800 | -63.8% |
| Trade receivables | 40 | €19,360 | €7,260 | -€12,100 | -62.5% |
| Other amounts receivable | 41 | €700 | €0 | -€700 | -100.0% |
| Cash at bank and in hand | 54/58 | €15,667 | €16,429 | +€762 | +4.9% |
| Deferred charges and accrued income | 490/1 | €358 | €376 | +€18 | +5.0% |
| Total equity and liabilities | 10/49 | €893,304 | €854,813 | -€38,490 | -4.3% |
| Equity | 10/15 | €327,156 | €352,878 | +€25,723 | +7.9% |
| Contributions | 10/11 | €92,000 | €92,000 | = | 0.0% |
| Reserves | 13 | €29,350 | €55,073 | +€25,723 | +87.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €29,350 | €55,073 | +€25,723 | +87.6% |
| Profit (loss) carried forward | 14 | €205,806 | €205,806 | = | 0.0% |
| Amounts payable | 17/49 | €566,148 | €501,935 | -€64,213 | -11.3% |
| Amounts payable after more than one year | 17 | €326,566 | €248,930 | -€77,636 | -23.8% |
| Financial debts | 170/4 | €279,338 | €248,930 | -€30,408 | -10.9% |
| Other amounts payable | 178/9 | €47,227 | €0 | -€47,227 | -100.0% |
| Amounts payable within one year | 42/48 | €239,582 | €253,005 | +€13,423 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €29,674 | €30,408 | +€735 | +2.5% |
| Financial debts | 43 | €1,907 | €1,933 | +€26 | +1.4% |
| Credit institutions | 430/8 | €1,907 | €1,933 | +€26 | +1.4% |
| Trade debts | 44 | €14,694 | €10,105 | -€4,589 | -31.2% |
| Suppliers | 440/4 | €14,694 | €10,105 | -€4,589 | -31.2% |
| Taxes, remuneration and social security | 45 | €8,424 | €15,797 | +€7,373 | +87.5% |
| Taxes | 450/3 | €6,174 | €13,547 | +€7,373 | +119.4% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €184,884 | €194,762 | +€9,878 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,971 | €26,470 | +€5,500 | +26.2% |
| Other operating charges | 640/8 | €9,038 | €8,436 | -€602 | -6.7% |
| Gross operating margin | 9900 | €84,690 | €92,259 | +€7,569 | +8.9% |
| Operating profit (loss) | 9901 | €54,681 | €57,352 | +€2,671 | +4.9% |
| Financial charges | 65/66B | €15,940 | €18,604 | +€2,664 | +16.7% |
| Recurring financial charges | 65 | €15,940 | €18,604 | +€2,664 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €38,742 | €38,748 | +€7 | 0.0% |
| Income taxes | 67/77 | €6,758 | €10,026 | +€3,267 | +48.3% |
| Profit (loss) for the period | 9904 | €31,983 | €28,723 | -€3,261 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,983 | €28,723 | -€3,261 | -10.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.