Renogon: 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.
Renogon
Largest movements
- Cash -€12,624
down €12,624 (-75.2%), from €16,788 to €4,164
mainly Debts after one year (-€9,809) and Trade debts (-€7,611)
- Tangible fixed assets -€11,400
down €11,400 (-31.5%), from €36,230 to €24,830
- Receivables within one year +€1,250
up €1,250 (+6.8%), from €18,345 to €19,595
of which Other amounts receivable: +€3,599
- Debts after one year -€9,809
down €9,809 (-41.7%), from €23,500 to €13,691
- Trade debts -€7,611
down €7,611 (-81.8%), from €9,308 to €1,697
- Reserves -€3,772
down €3,772 (-17.5%), from €21,553 to €17,782
- Tax, wage and social debts -€1,995
down €1,995 (-76.9%), from €2,594 to €599
of which Taxes: -€1,995
- Gross operating margin +€9,618
up €9,618 (+1,797%), from €535 to €10,153
- Depreciation -€974
down €974 (-7.9%), from €12,374 to €11,400
- Other operating charges +€404
up €404 (+60.1%), from €673 to €1,077
- Financial charges -€369
down €369 (-23.8%), from €1,548 to €1,179
- Taxes +€141
up €141 (+110%), from €128 to €269
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 | €71,386 | €48,613 | -€22,774 | -31.9% |
| Fixed assets | 21/28 | €36,253 | €24,853 | -€11,400 | -31.4% |
| Tangible fixed assets | 22/27 | €36,230 | €24,830 | -€11,400 | -31.5% |
| Furniture and vehicles | 24 | €36,230 | €24,830 | -€11,400 | -31.5% |
| Financial fixed assets | 28 | €23 | €23 | = | 0.0% |
| Current assets | 29/58 | €35,133 | €23,760 | -€11,374 | -32.4% |
| Amounts receivable within one year | 40/41 | €18,345 | €19,595 | +€1,250 | +6.8% |
| Trade receivables | 40 | €17,391 | €15,043 | -€2,349 | -13.5% |
| Other amounts receivable | 41 | €954 | €4,553 | +€3,599 | +377% |
| Cash at bank and in hand | 54/58 | €16,788 | €4,164 | -€12,624 | -75.2% |
| Total equity and liabilities | 10/49 | €71,386 | €48,613 | -€22,774 | -31.9% |
| Equity | 10/15 | €26,553 | €22,782 | -€3,772 | -14.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,553 | €17,782 | -€3,772 | -17.5% |
| Distributable reserves | 133 | €21,553 | €17,782 | -€3,772 | -17.5% |
| Amounts payable | 17/49 | €44,833 | €25,831 | -€19,002 | -42.4% |
| Amounts payable after more than one year | 17 | €23,500 | €13,691 | -€9,809 | -41.7% |
| Financial debts | 170/4 | €23,500 | €13,691 | -€9,809 | -41.7% |
| Amounts payable within one year | 42/48 | €21,333 | €12,140 | -€9,193 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | €9,431 | €9,809 | +€377 | +4.0% |
| Trade debts | 44 | €9,308 | €1,697 | -€7,611 | -81.8% |
| Suppliers | 440/4 | €9,308 | €1,697 | -€7,611 | -81.8% |
| Taxes, remuneration and social security | 45 | €2,594 | €599 | -€1,995 | -76.9% |
| Taxes | 450/3 | €2,136 | €141 | -€1,995 | -93.4% |
| Remuneration and social security | 454/9 | €458 | €458 | = | 0.0% |
| Other amounts payable | 47/48 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,374 | €11,400 | -€974 | -7.9% |
| Other operating charges | 640/8 | €673 | €1,077 | +€404 | +60.1% |
| Gross operating margin | 9900 | €535 | €10,153 | +€9,618 | +1,797% |
| Operating profit (loss) | 9901 | -€12,512 | -€2,324 | +€10,188 | +81.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -57.1% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -57.1% |
| Financial charges | 65/66B | €1,548 | €1,179 | -€369 | -23.8% |
| Recurring financial charges | 65 | €1,548 | €1,179 | -€369 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,059 | -€3,503 | +€10,557 | +75.1% |
| Income taxes | 67/77 | €128 | €269 | +€141 | +110% |
| Profit (loss) for the period | 9904 | -€14,187 | -€3,772 | +€10,416 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,187 | -€3,772 | +€10,416 | +73.4% |
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 17 October 2026 via checked.be.