RENOFACAD: what changed
Two fiscal 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.
RENOFACAD
Largest movements
- Current investments +€120,429
up €120,429 (+19.5%), from €617,156 to €737,585
- Tangible fixed assets -€30,480
down €30,480 (-9.2%), from €332,463 to €301,983
of which Furniture and vehicles: -€18,549
- Reserves +€220,476
up €220,476 (+33.3%), from €661,372 to €881,848
of which Distributable reserves: +€220,476
- Other debts -€111,802
down €111,802 (-94.1%), from €118,760 to €6,958
- Debts after one year -€30,562
down €30,562 (-57.6%), from €53,062 to €22,500
of which Financial debts: -€30,562
- Tax, wage and social debts +€20,152
up €20,152 (+168.0%), from €11,993 to €32,145
- Financial income +€290,834
up €290,834 (+5767.1%), from €5,043 to €295,877
- Gross operating margin -€29,788
down €29,788 (-21.1%), from €141,371 to €111,583
- Taxes +€25,477
up €25,477 (+90.8%), from €28,055 to €53,532
- Depreciation +€21,621
up €21,621 (+74.9%), from €28,859 to €50,480
- Other operating charges -€8,554
down €8,554 (-85.0%), from €10,068 to €1,514
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.
Cash bridge derived
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 | €981,771 | €1,066,923 | +€85,152 | +8.7% |
| Fixed assets | 21/28 | €332,463 | €301,983 | -€30,480 | -9.2% |
| Tangible fixed assets | 22/27 | €332,463 | €301,983 | -€30,480 | -9.2% |
| Land and buildings | 22 | €153,771 | €146,347 | -€7,424 | -4.8% |
| Plant, machinery and equipment | 23 | €13,029 | €8,522 | -€4,507 | -34.6% |
| Furniture and vehicles | 24 | €165,663 | €147,114 | -€18,549 | -11.2% |
| Current assets | 29/58 | €649,308 | €764,940 | +€115,632 | +17.8% |
| Amounts receivable within one year | 40/41 | €22,952 | €21,320 | -€1,632 | -7.1% |
| Trade receivables | 40 | €500 | €21,320 | +€20,820 | +4164.0% |
| Other amounts receivable | 41 | €22,452 | - | -€22,452 | |
| Current investments | 50/53 | €617,156 | €737,585 | +€120,429 | +19.5% |
| Cash at bank and in hand | 54/58 | €9,200 | €5,676 | -€3,524 | -38.3% |
| Deferred charges and accrued income | 490/1 | - | €359 | +€359 | |
| Total equity and liabilities | 10/49 | €981,771 | €1,066,923 | +€85,152 | +8.7% |
| Equity | 10/15 | €723,372 | €943,848 | +€220,476 | +30.5% |
| 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% |
| Reserves | 13 | €661,372 | €881,848 | +€220,476 | +33.3% |
| Non-distributable reserves | 130/1 | €8,200 | €8,200 | = | 0.0% |
| Legal reserve | 130 | €8,200 | €8,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €47,500 | €47,500 | = | 0.0% |
| Distributable reserves | 133 | €605,672 | €826,148 | +€220,476 | +36.4% |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €233,399 | €98,075 | -€135,324 | -58.0% |
| Amounts payable after more than one year | 17 | €53,062 | €22,500 | -€30,562 | -57.6% |
| Financial debts | 170/4 | €30,562 | - | -€30,562 | |
| Other amounts payable | 178/9 | €22,500 | €22,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €175,567 | €75,575 | -€99,992 | -57.0% |
| Current portion of amounts payable after more than one year | 42 | €40,126 | €30,562 | -€9,564 | -23.8% |
| Financial debts | 43 | - | €5,388 | +€5,388 | |
| Credit institutions | 430/8 | - | €5,388 | +€5,388 | |
| Trade debts | 44 | €4,688 | €522 | -€4,166 | -88.9% |
| Suppliers | 440/4 | €4,688 | €522 | -€4,166 | -88.9% |
| Taxes, remuneration and social security | 45 | €11,993 | €32,145 | +€20,152 | +168.0% |
| Taxes | 450/3 | €11,993 | €32,145 | +€20,152 | +168.0% |
| Other amounts payable | 47/48 | €118,760 | €6,958 | -€111,802 | -94.1% |
| Accrued charges and deferred income | 492/3 | €4,770 | - | -€4,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,859 | €50,480 | +€21,621 | +74.9% |
| Other operating charges | 640/8 | €10,068 | €1,514 | -€8,554 | -85.0% |
| Gross operating margin | 9900 | €141,371 | €111,583 | -€29,788 | -21.1% |
| Operating profit (loss) | 9901 | €102,444 | €59,589 | -€42,855 | -41.8% |
| Financial income | 75/76B | €5,043 | €295,877 | +€290,834 | +5767.1% |
| Recurring financial income | 75 | €5,043 | €295,877 | +€290,834 | +5767.1% |
| Financial charges | 65/66B | €5,938 | €2,257 | -€3,681 | -62.0% |
| Recurring financial charges | 65 | €5,938 | €2,257 | -€3,681 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | €101,549 | €353,209 | +€251,660 | +247.8% |
| Income taxes | 67/77 | €28,055 | €53,532 | +€25,477 | +90.8% |
| Profit (loss) for the period | 9904 | €73,494 | €299,677 | +€226,183 | +307.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,494 | €299,677 | +€226,183 | +307.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.