RENOCON H.P: 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.
RENOCON H.P
Largest movements
- Cash -€11,185
down €11,185 (-46.8%), from €23,884 to €12,699
mainly Trade debts (-€20,396) and Investment in fixed assets (net) (-€6,159)
- Tangible fixed assets +€4,482
up €4,482 (+154%), from €2,917 to €7,398
of which Furniture and vehicles: +€4,095
- Receivables within one year -€2,091
down €2,091 (-1.2%), from €167,610 to €165,519
of which Trade receivables: -€25,387
- Trade debts -€20,396
down €20,396 (-29.9%), from €68,141 to €47,745
of which Suppliers: -€16,426
- Profit (loss) carried forward +€10,270
up €10,270 (+10.5%), from €97,796 to €108,066
- Tax, wage and social debts +€4,719
up €4,719 (+19.6%), from €24,087 to €28,806
- Debts after one year -€3,387
no longer reported in 2025 (was €3,387)
- Turnover -€386,107
no longer reported in 2025 (was €386,107)
- Purchases and services -€283,887
no longer reported in 2025 (was €283,887)
- Gross operating margin -€83,404
down €83,404 (-81.6%), from €102,220 to €18,817
- Taxes -€15,705
down €15,705 (-75.4%), from €20,816 to €5,111
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 | €194,411 | €185,617 | -€8,794 | -4.5% |
| Fixed assets | 21/28 | €2,917 | €7,398 | +€4,482 | +154% |
| Tangible fixed assets | 22/27 | €2,917 | €7,398 | +€4,482 | +154% |
| Plant, machinery and equipment | 23 | €2,917 | €3,303 | +€386 | +13.3% |
| Furniture and vehicles | 24 | - | €4,095 | +€4,095 | |
| Current assets | 29/58 | €191,494 | €178,218 | -€13,276 | -6.9% |
| Amounts receivable within one year | 40/41 | €167,610 | €165,519 | -€2,091 | -1.2% |
| Trade receivables | 40 | €119,019 | €93,631 | -€25,387 | -21.3% |
| Other amounts receivable | 41 | €48,591 | €71,888 | +€23,297 | +47.9% |
| Cash at bank and in hand | 54/58 | €23,884 | €12,699 | -€11,185 | -46.8% |
| Total equity and liabilities | 10/49 | €194,411 | €185,617 | -€8,794 | -4.5% |
| Equity | 10/15 | €98,796 | €109,066 | +€10,270 | +10.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,796 | €108,066 | +€10,270 | +10.5% |
| Amounts payable | 17/49 | €95,615 | €76,550 | -€19,064 | -19.9% |
| Amounts payable after more than one year | 17 | €3,387 | - | -€3,387 | |
| Financial debts | 170/4 | €3,387 | - | -€3,387 | |
| Amounts payable within one year | 42/48 | €92,228 | €76,550 | -€15,677 | -17.0% |
| Trade debts | 44 | €68,141 | €47,745 | -€20,396 | -29.9% |
| Suppliers | 440/4 | €17,130 | €704 | -€16,426 | -95.9% |
| Bills of exchange payable | 441 | €51,011 | €47,041 | -€3,970 | -7.8% |
| Taxes, remuneration and social security | 45 | €24,087 | €28,806 | +€4,719 | +19.6% |
| Taxes | 450/3 | €24,087 | €28,806 | +€4,719 | +19.6% |
| Turnover | 70 | €386,107 | - | -€386,107 | |
| Non-recurring operating income | 76A | €209 | - | -€209 | |
| Goods, raw materials, services and sundry goods | 60/61 | €283,887 | - | -€283,887 | |
| Remuneration, social security and pensions | 62 | €636 | - | -€636 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €663 | €1,678 | +€1,015 | +153% |
| Other operating charges | 640/8 | €790 | €167 | -€623 | -78.9% |
| Gross operating margin | 9900 | €102,220 | €18,817 | -€83,404 | -81.6% |
| Operating profit (loss) | 9901 | €100,132 | €16,972 | -€83,160 | -83.1% |
| Financial income | 75/76B | €1,624 | €3,757 | +€2,133 | +131% |
| Recurring financial income | 75 | €1,624 | €3,757 | +€2,133 | +131% |
| Financial charges | 65/66B | €3,960 | €5,347 | +€1,387 | +35.0% |
| Recurring financial charges | 65 | €3,960 | €5,347 | +€1,387 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €97,796 | €15,381 | -€82,415 | -84.3% |
| Income taxes | 67/77 | €20,816 | €5,111 | -€15,705 | -75.4% |
| Profit (loss) for the period | 9904 | €76,980 | €10,270 | -€66,710 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €76,980 | €10,270 | -€66,710 | -86.7% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.