Renocast: what changed
Renocast
Largest movements
- Cash -€43,519
down €43,519 (-60.0%), from €72,554 to €29,035
mainly Investment in fixed assets (net) (-€12,697) and Contributions, distributions and other (-€11,000)
- Stocks and contracts +€10,053
new in 2025: €10,053
- Receivables within one year +€8,338
up €8,338 (+22.7%), from €36,738 to €45,076
of which Trade receivables: +€4,491
- Profit (loss) carried forward -€18,675
down €18,675 (-61.7%), from €30,276 to €11,601
- Other debts -€7,913
no longer reported in 2025 (was €7,913)
- Current portion of long-term debt +€4,338
up €4,338 (+38.1%), from €11,395 to €15,733
- Trade debts +€4,145
up €4,145 (+13.3%), from €31,126 to €35,271
- Debts after one year -€3,833
down €3,833 (-10.2%), from €37,643 to €33,810
- Gross operating margin -€42,766
down €42,766 (-43.1%), from €99,307 to €56,541
- Taxes -€8,428
down €8,428 (-98.5%), from €8,556 to €128
- Staff costs +€5,228
up €5,228 (+13.0%), from €40,361 to €45,590
- Financial charges -€1,324
down €1,324 (-32.9%), from €4,025 to €2,701
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,250 | €135,686 | -€25,564 | -15.9% |
| Fixed assets | 21/28 | €51,297 | €50,152 | -€1,145 | -2.2% |
| Tangible fixed assets | 22/27 | €51,297 | €50,152 | -€1,145 | -2.2% |
| Plant, machinery and equipment | 23 | €2,951 | €2,348 | -€603 | -20.4% |
| Furniture and vehicles | 24 | €48,346 | €47,804 | -€542 | -1.1% |
| Current assets | 29/58 | €109,952 | €85,534 | -€24,418 | -22.2% |
| Stocks and contracts in progress | 3 | - | €10,053 | +€10,053 | |
| Stocks | 30/36 | - | €10,053 | +€10,053 | |
| Amounts receivable within one year | 40/41 | €36,738 | €45,076 | +€8,338 | +22.7% |
| Trade receivables | 40 | €27,098 | €31,589 | +€4,491 | +16.6% |
| Other amounts receivable | 41 | €9,640 | €13,487 | +€3,847 | +39.9% |
| Cash at bank and in hand | 54/58 | €72,554 | €29,035 | -€43,519 | -60.0% |
| Deferred charges and accrued income | 490/1 | €660 | €1,370 | +€710 | +108% |
| Total equity and liabilities | 10/49 | €161,250 | €135,686 | -€25,564 | -15.9% |
| Equity | 10/15 | €55,943 | €37,269 | -€18,675 | -33.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €23,167 | €23,167 | = | 0.0% |
| Distributable reserves | 133 | €23,167 | €23,167 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,276 | €11,601 | -€18,675 | -61.7% |
| Amounts payable | 17/49 | €105,306 | €98,417 | -€6,889 | -6.5% |
| Amounts payable after more than one year | 17 | €37,643 | €33,810 | -€3,833 | -10.2% |
| Financial debts | 170/4 | €37,643 | €33,810 | -€3,833 | -10.2% |
| Amounts payable within one year | 42/48 | €67,664 | €64,608 | -€3,056 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €11,395 | €15,733 | +€4,338 | +38.1% |
| Trade debts | 44 | €31,126 | €35,271 | +€4,145 | +13.3% |
| Suppliers | 440/4 | €31,126 | €35,271 | +€4,145 | +13.3% |
| Taxes, remuneration and social security | 45 | €17,230 | €13,604 | -€3,627 | -21.0% |
| Taxes | 450/3 | €13,417 | €9,305 | -€4,112 | -30.6% |
| Remuneration and social security | 454/9 | €3,814 | €4,299 | +€485 | +12.7% |
| Other amounts payable | 47/48 | €7,913 | - | -€7,913 | |
| Remuneration, social security and pensions | 62 | €40,361 | €45,590 | +€5,228 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,785 | €13,842 | +€57 | +0.4% |
| Other operating charges | 640/8 | €2,219 | €2,465 | +€246 | +11.1% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €99,307 | €56,541 | -€42,766 | -43.1% |
| Operating profit (loss) | 9901 | €42,441 | -€5,356 | -€47,798 | |
| Financial income | 75/76B | €415 | €511 | +€95 | +23.0% |
| Recurring financial income | 75 | €415 | €511 | +€95 | +23.0% |
| Financial charges | 65/66B | €4,025 | €2,701 | -€1,324 | -32.9% |
| Recurring financial charges | 65 | €4,025 | €2,701 | -€1,324 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €38,832 | -€7,546 | -€46,379 | |
| Income taxes | 67/77 | €8,556 | €128 | -€8,428 | -98.5% |
| Profit (loss) for the period | 9904 | €30,276 | -€7,675 | -€37,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,276 | -€7,675 | -€37,951 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.