RENOGRAVE: 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.
RENOGRAVE
Largest movements
- Tangible fixed assets -€6,966
down €6,966 (-42.0%), from €16,576 to €9,609
of which Furniture and vehicles: -€4,300
- Receivables within one year -€2,394
down €2,394 (-15.7%), from €15,279 to €12,885
of which Trade receivables: -€5,435
- Cash -€1,947
down €1,947 (-15.8%), from €12,330 to €10,383
mainly Net result for the year (-€11,243) and Tax, wage and social debts (-€2,000)
- Profit (loss) carried forward -€11,243
down €11,243 (-67.9%), from €16,546 to €5,303
- Tax, wage and social debts -€2,000
down €2,000 (-57.1%), from €3,500 to €1,500
of which Taxes: -€2,000
- Trade debts +€1,378
up €1,378 (+132%), from €1,045 to €2,423
- Other debts +€609
up €609 (+2.7%), from €22,855 to €23,464
- Gross operating margin -€12,484
down €12,484, from €9,127 to -€3,356
- Taxes -€943
down €943 (-88.3%), from €1,068 to €125
- Other operating charges -€248
down €248 (-25.1%), from €988 to €741
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 | €46,446 | €35,190 | -€11,257 | -24.2% |
| Fixed assets | 21/28 | €16,576 | €9,609 | -€6,966 | -42.0% |
| Tangible fixed assets | 22/27 | €16,576 | €9,609 | -€6,966 | -42.0% |
| Plant, machinery and equipment | 23 | €3,982 | €1,316 | -€2,666 | -67.0% |
| Furniture and vehicles | 24 | €12,594 | €8,294 | -€4,300 | -34.1% |
| Current assets | 29/58 | €29,871 | €25,581 | -€4,290 | -14.4% |
| Amounts receivable within one year | 40/41 | €15,279 | €12,885 | -€2,394 | -15.7% |
| Trade receivables | 40 | €14,966 | €9,531 | -€5,435 | -36.3% |
| Other amounts receivable | 41 | €313 | €3,354 | +€3,041 | +972% |
| Cash at bank and in hand | 54/58 | €12,330 | €10,383 | -€1,947 | -15.8% |
| Deferred charges and accrued income | 490/1 | €2,261 | €2,312 | +€51 | +2.3% |
| Total equity and liabilities | 10/49 | €46,446 | €35,190 | -€11,257 | -24.2% |
| Equity | 10/15 | €19,046 | €7,803 | -€11,243 | -59.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,546 | €5,303 | -€11,243 | -67.9% |
| Amounts payable | 17/49 | €27,400 | €27,387 | -€14 | 0.0% |
| Amounts payable within one year | 42/48 | €27,400 | €27,387 | -€14 | 0.0% |
| Trade debts | 44 | €1,045 | €2,423 | +€1,378 | +132% |
| Suppliers | 440/4 | €1,045 | €2,423 | +€1,378 | +132% |
| Taxes, remuneration and social security | 45 | €3,500 | €1,500 | -€2,000 | -57.1% |
| Taxes | 450/3 | €2,000 | - | -€2,000 | |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €22,855 | €23,464 | +€609 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,966 | €6,966 | = | 0.0% |
| Other operating charges | 640/8 | €988 | €741 | -€248 | -25.1% |
| Gross operating margin | 9900 | €9,127 | -€3,356 | -€12,484 | |
| Operating profit (loss) | 9901 | €1,173 | -€11,063 | -€12,236 | |
| Financial charges | 65/66B | €75 | €54 | -€21 | -28.3% |
| Recurring financial charges | 65 | €75 | €54 | -€21 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €1,097 | -€11,117 | -€12,215 | |
| Income taxes | 67/77 | €1,068 | €125 | -€943 | -88.3% |
| Profit (loss) for the period | 9904 | €29 | -€11,243 | -€11,272 | |
| Profit (loss) for the period to be appropriated | 9905 | €29 | -€11,243 | -€11,272 |
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 27 October 2026 via checked.be.