RENOCOSY: 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.
RENOCOSY
Largest movements
- Cash +€320,414
up €320,414 (+904%), from €35,460 to €355,874
mainly Accrued charges and deferred income (+€213,000) and Tax, wage and social debts (+€86,545)
- Accrued charges and deferred income +€213,000
up €213,000 (+322%), from €66,217 to €279,217
- Tax, wage and social debts +€86,545
up €86,545 (+190%), from €45,509 to €132,054
of which Taxes: +€91,328
- Trade debts +€19,849
up €19,849 (+22.7%), from €87,625 to €107,474
- Profit (loss) carried forward -€13,036
down €13,036 (-5.1%), from €257,683 to €244,647
- Gross operating margin -€40,862
down €40,862 (-24.4%), from €167,213 to €126,352
- Taxes -€10,386
down €10,386 (-100%), from €10,386 to €0
- Staff costs +€4,262
up €4,262 (+3.8%), from €112,567 to €116,829
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 | €830,180 | €1,133,391 | +€303,212 | +36.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €7,895 | - | -€7,895 | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €7,895 | - | -€7,895 | |
| Leasing and similar rights | 25 | €7,895 | - | -€7,895 | |
| Current assets | 29/58 | €822,285 | €1,133,391 | +€311,107 | +37.8% |
| Amounts receivable within one year | 40/41 | €783,804 | €777,431 | -€6,373 | -0.8% |
| Trade receivables | 40 | €773,587 | €757,817 | -€15,770 | -2.0% |
| Other amounts receivable | 41 | €10,217 | €19,614 | +€9,397 | +92.0% |
| Cash at bank and in hand | 54/58 | €35,460 | €355,874 | +€320,414 | +904% |
| Deferred charges and accrued income | 490/1 | €3,021 | €86 | -€2,935 | -97.2% |
| Total equity and liabilities | 10/49 | €830,180 | €1,133,391 | +€303,212 | +36.5% |
| Equity | 10/15 | €277,683 | €264,647 | -€13,036 | -4.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €257,683 | €244,647 | -€13,036 | -5.1% |
| Amounts payable | 17/49 | €552,497 | €868,745 | +€316,248 | +57.2% |
| Amounts payable after more than one year | 17 | €353,145 | €350,000 | -€3,145 | -0.9% |
| Financial debts | 170/4 | €3,145 | - | -€3,145 | |
| Other amounts payable | 178/9 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €133,134 | €239,528 | +€106,393 | +79.9% |
| Trade debts | 44 | €87,625 | €107,474 | +€19,849 | +22.7% |
| Suppliers | 440/4 | €87,625 | €107,474 | +€19,849 | +22.7% |
| Taxes, remuneration and social security | 45 | €45,509 | €132,054 | +€86,545 | +190% |
| Taxes | 450/3 | €27,743 | €119,071 | +€91,328 | +329% |
| Remuneration and social security | 454/9 | €17,766 | €12,983 | -€4,783 | -26.9% |
| Accrued charges and deferred income | 492/3 | €66,217 | €279,217 | +€213,000 | +322% |
| Remuneration, social security and pensions | 62 | €112,567 | €116,829 | +€4,262 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,094 | €7,895 | -€198 | -2.5% |
| Other operating charges | 640/8 | €704 | €407 | -€297 | -42.2% |
| Gross operating margin | 9900 | €167,213 | €126,352 | -€40,862 | -24.4% |
| Operating profit (loss) | 9901 | €45,848 | €1,220 | -€44,628 | -97.3% |
| Financial income | 75/76B | €0 | €2 | +€2 | +9,200% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +9,200% |
| Financial charges | 65/66B | €15,188 | €14,258 | -€930 | -6.1% |
| Recurring financial charges | 65 | €15,188 | €14,258 | -€930 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €30,660 | -€13,036 | -€43,697 | |
| Income taxes | 67/77 | €10,386 | €0 | -€10,386 | -100% |
| Profit (loss) for the period | 9904 | €20,274 | -€13,036 | -€33,310 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,274 | -€13,036 | -€33,310 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.