RENOGIP: 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.
RENOGIP
Largest movements
- Cash -€26,825
down €26,825 (-80.1%), from €33,507 to €6,682
mainly Net result for the year (-€14,709) and Receivables within one year (-€7,818)
- Receivables within one year +€7,818
new in 2025: €7,818
- Tangible fixed assets +€1,348
up €1,348 (+156.4%), from €862 to €2,210
- Reserves -€14,709
down €14,709 (-73.1%), from €20,118 to €5,410
- Accrued charges and deferred income -€2,950
down €2,950 (-69.4%), from €4,250 to €1,300
- Gross operating margin -€58,191
down €58,191, from €36,635 to -€21,556
- Taxes -€21,818
down €21,818, from €14,000 to -€7,818
- Staff costs -€1,856
down €1,856, from €1,848 to -€8
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 | €34,368 | €16,710 | -€17,659 | -51.4% |
| Fixed assets | 21/28 | €862 | €2,210 | +€1,348 | +156.4% |
| Tangible fixed assets | 22/27 | €862 | €2,210 | +€1,348 | +156.4% |
| Plant, machinery and equipment | 23 | €862 | €2,210 | +€1,348 | +156.4% |
| Current assets | 29/58 | €33,507 | €14,500 | -€19,007 | -56.7% |
| Amounts receivable within one year | 40/41 | - | €7,818 | +€7,818 | |
| Other amounts receivable | 41 | - | €7,818 | +€7,818 | |
| Cash at bank and in hand | 54/58 | €33,507 | €6,682 | -€26,825 | -80.1% |
| Total equity and liabilities | 10/49 | €34,368 | €16,710 | -€17,659 | -51.4% |
| Equity | 10/15 | €30,118 | €15,410 | -€14,709 | -48.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €20,118 | €5,410 | -€14,709 | -73.1% |
| Distributable reserves | 133 | €20,118 | €5,410 | -€14,709 | -73.1% |
| Amounts payable | 17/49 | €4,250 | €1,300 | -€2,950 | -69.4% |
| Accrued charges and deferred income | 492/3 | €4,250 | €1,300 | -€2,950 | -69.4% |
| Remuneration, social security and pensions | 62 | €1,848 | -€8 | -€1,856 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €528 | €803 | +€275 | +52.1% |
| Other operating charges | 640/8 | - | €124 | +€124 | |
| Gross operating margin | 9900 | €36,635 | -€21,556 | -€58,191 | |
| Operating profit (loss) | 9901 | €34,259 | -€22,475 | -€56,734 | |
| Financial charges | 65/66B | €141 | €52 | -€88 | -62.9% |
| Recurring financial charges | 65 | €141 | €52 | -€88 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | €34,118 | -€22,527 | -€56,645 | |
| Income taxes | 67/77 | €14,000 | -€7,818 | -€21,818 | |
| Profit (loss) for the period | 9904 | €20,118 | -€14,709 | -€34,827 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,118 | -€14,709 | -€34,827 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.