RENOBEL: 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.
RENOBEL
Largest movements
- Receivables within one year +€56,770
up €56,770 (+43.2%), from €131,422 to €188,192
- Cash -€40,221
down €40,221 (-99.8%), from €40,296 to €75
mainly Receivables within one year (-€56,770) and Trade debts (-€6,890)
- Tangible fixed assets -€25,000
down €25,000 (-7.9%), from €317,670 to €292,670
of which Assets under construction and advance payments: -€25,000
- Trade debts -€6,890
no longer reported in 2022 (was €6,890)
- Gross operating margin -€162,272
down €162,272, from €158,095 to -€4,177
- Purchases and services -€16,071
down €16,071 (-79.4%), from €20,248 to €4,177
- Other operating charges -€6,516
down €6,516 (-94.9%), from €6,864 to €348
- Turnover -€2,943
no longer reported in 2022 (was €2,943)
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €489,388 | €480,937 | -€8,451 | -1.7% |
| Fixed assets | 21/28 | €317,670 | €292,670 | -€25,000 | -7.9% |
| Tangible fixed assets | 22/27 | €317,670 | €292,670 | -€25,000 | -7.9% |
| Land and buildings | 22 | €292,670 | €292,670 | = | 0.0% |
| Assets under construction and advance payments | 27 | €25,000 | - | -€25,000 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €171,718 | €188,267 | +€16,549 | +9.6% |
| Amounts receivable within one year | 40/41 | €131,422 | €188,192 | +€56,770 | +43.2% |
| Other amounts receivable | 41 | €131,422 | €188,192 | +€56,770 | +43.2% |
| Cash at bank and in hand | 54/58 | €40,296 | €75 | -€40,221 | -99.8% |
| Total equity and liabilities | 10/49 | €489,388 | €480,937 | -€8,451 | -1.7% |
| Equity | 10/15 | €474,098 | €469,522 | -€4,576 | -1.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €270,519 | €270,519 | = | 0.0% |
| Reserves | 13 | €156,200 | €156,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,621 | -€19,197 | -€4,576 | -31.3% |
| Amounts payable | 17/49 | €15,290 | €11,415 | -€3,875 | -25.3% |
| Amounts payable within one year | 42/48 | €15,290 | €11,004 | -€4,286 | -28.0% |
| Trade debts | 44 | €6,890 | - | -€6,890 | |
| Suppliers | 440/4 | €6,890 | - | -€6,890 | |
| Other amounts payable | 47/48 | €8,400 | €11,004 | +€2,604 | +31.0% |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Turnover | 70 | €2,943 | - | -€2,943 | |
| Non-recurring operating income | 76A | €175,400 | - | -€175,400 | |
| Goods, raw materials, services and sundry goods | 60/61 | €20,248 | €4,177 | -€16,071 | -79.4% |
| Other operating charges | 640/8 | €6,864 | €348 | -€6,516 | -94.9% |
| Gross operating margin | 9900 | €158,095 | -€4,177 | -€162,272 | |
| Operating profit (loss) | 9901 | €151,231 | -€4,525 | -€155,756 | |
| Financial charges | 65/66B | €353 | €51 | -€302 | -85.6% |
| Recurring financial charges | 65 | €353 | €51 | -€302 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | €150,878 | -€4,576 | -€155,454 | |
| Profit (loss) for the period | 9904 | €150,878 | -€4,576 | -€155,454 | |
| Transfer to tax-exempt reserves | 689 | €150,000 | - | -€150,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €878 | -€4,576 | -€5,454 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.