RENOCOR: 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.
RENOCOR
Largest movements
- Receivables within one year +€21,274
up €21,274 (+56.5%), from €37,642 to €58,915
of which Other amounts receivable: +€24,720
- Deferred charges and accrued income -€8,917
down €8,917 (-85.6%), from €10,415 to €1,499
- Cash +€3,145
up €3,145 (+378.1%), from €832 to €3,977
mainly Deferred charges and accrued income (+€8,917) and Tax, wage and social debts (+€6,679)
- Tax, wage and social debts +€6,679
new in 2024: €6,679
- Advances received +€5,666
new in 2024: €5,666
- Profit (loss) carried forward +€3,328
up €3,328 (+7.7%), from €43,372 to €46,700
- Gross operating margin +€15,657
up €15,657 (+104.8%), from €14,936 to €30,592
- Financial charges +€10,692
up €10,692 (+672.1%), from €1,591 to €12,283
- Other operating charges -€4,613
down €4,613 (-63.5%), from €7,268 to €2,655
- Taxes +€4,340
up €4,340 (+70.0%), from €6,200 to €10,540
- Depreciation +€617
up €617 (+73.8%), from €836 to €1,453
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,432 | €67,105 | +€15,673 | +30.5% |
| Fixed assets | 21/28 | €2,543 | €2,714 | +€171 | +6.7% |
| Tangible fixed assets | 22/27 | €2,543 | €2,688 | +€145 | +5.7% |
| Plant, machinery and equipment | 23 | €845 | €1,753 | +€907 | +107.4% |
| Furniture and vehicles | 24 | €1,698 | €936 | -€763 | -44.9% |
| Financial fixed assets | 28 | - | €26 | +€26 | |
| Current assets | 29/58 | €48,889 | €64,391 | +€15,502 | +31.7% |
| Amounts receivable within one year | 40/41 | €37,642 | €58,915 | +€21,274 | +56.5% |
| Trade receivables | 40 | €3,447 | - | -€3,447 | |
| Other amounts receivable | 41 | €34,195 | €58,915 | +€24,720 | +72.3% |
| Cash at bank and in hand | 54/58 | €832 | €3,977 | +€3,145 | +378.1% |
| Deferred charges and accrued income | 490/1 | €10,415 | €1,499 | -€8,917 | -85.6% |
| Total equity and liabilities | 10/49 | €51,432 | €67,105 | +€15,673 | +30.5% |
| Equity | 10/15 | €51,432 | €54,760 | +€3,328 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,372 | €46,700 | +€3,328 | +7.7% |
| Amounts payable | 17/49 | - | €12,345 | +€12,345 | |
| Amounts payable within one year | 42/48 | - | €12,345 | +€12,345 | |
| Advances received on contracts in progress | 46 | - | €5,666 | +€5,666 | |
| Taxes, remuneration and social security | 45 | - | €6,679 | +€6,679 | |
| Taxes | 450/3 | - | €6,679 | +€6,679 | |
| Remuneration, social security and pensions | 62 | - | €333 | +€333 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €836 | €1,453 | +€617 | +73.8% |
| Other operating charges | 640/8 | €7,268 | €2,655 | -€4,613 | -63.5% |
| Gross operating margin | 9900 | €14,936 | €30,592 | +€15,657 | +104.8% |
| Operating profit (loss) | 9901 | €6,831 | €26,151 | +€19,320 | +282.8% |
| Financial income | 75/76B | €2 | €1 | -€1 | -66.9% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -66.9% |
| Financial charges | 65/66B | €1,591 | €12,283 | +€10,692 | +672.1% |
| Recurring financial charges | 65 | €1,591 | €12,283 | +€10,692 | +672.1% |
| Profit (loss) for the period before taxes | 9903 | €5,242 | €13,868 | +€8,626 | +164.6% |
| Income taxes | 67/77 | €6,200 | €10,540 | +€4,340 | +70.0% |
| Profit (loss) for the period | 9904 | -€958 | €3,328 | +€4,286 | |
| Profit (loss) for the period to be appropriated | 9905 | -€958 | €3,328 | +€4,286 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.