RENOJANS: 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.
RENOJANS
Largest movements
- Receivables within one year +€75,516
up €75,516 (+283%), from €26,707 to €102,223
of which Trade receivables: +€56,555
- Cash +€6,569
up €6,569 (+16.6%), from €39,493 to €46,062
mainly Trade debts (+€34,851) and Net result for the year (+€30,802)
- Tangible fixed assets -€3,235
down €3,235 (-39.0%), from €8,290 to €5,055
- Trade debts +€34,851
up €34,851 (+311%), from €11,207 to €46,058
- Reserves +€30,000
up €30,000 (+78.9%), from €38,000 to €68,000
- Tax, wage and social debts +€13,038
up €13,038 (+371%), from €3,510 to €16,548
of which Taxes: +€13,038
- Gross operating margin +€49,816
up €49,816, from -€3,065 to €46,751
- Taxes +€8,549
up €8,549 (+6,106%), from €140 to €8,689
- Depreciation -€572
down €572 (-10.8%), from €5,310 to €4,738
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 | €77,415 | €155,113 | +€77,698 | +100% |
| Fixed assets | 21/28 | €8,290 | €5,055 | -€3,235 | -39.0% |
| Tangible fixed assets | 22/27 | €8,290 | €5,055 | -€3,235 | -39.0% |
| Plant, machinery and equipment | 23 | €8,290 | €5,055 | -€3,235 | -39.0% |
| Current assets | 29/58 | €69,125 | €150,058 | +€80,933 | +117% |
| Stocks and contracts in progress | 3 | €1,888 | €985 | -€903 | -47.8% |
| Stocks | 30/36 | €1,888 | €985 | -€903 | -47.8% |
| Amounts receivable within one year | 40/41 | €26,707 | €102,223 | +€75,516 | +283% |
| Trade receivables | 40 | €19,915 | €76,470 | +€56,555 | +284% |
| Other amounts receivable | 41 | €6,792 | €25,753 | +€18,961 | +279% |
| Cash at bank and in hand | 54/58 | €39,493 | €46,062 | +€6,569 | +16.6% |
| Deferred charges and accrued income | 490/1 | €1,037 | €788 | -€249 | -24.0% |
| Total equity and liabilities | 10/49 | €77,415 | €155,113 | +€77,698 | +100% |
| Equity | 10/15 | €56,805 | €87,607 | +€30,802 | +54.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,000 | €68,000 | +€30,000 | +78.9% |
| Distributable reserves | 133 | €38,000 | €68,000 | +€30,000 | +78.9% |
| Profit (loss) carried forward | 14 | €205 | €1,007 | +€802 | +391% |
| Amounts payable | 17/49 | €20,610 | €67,506 | +€46,896 | +228% |
| Amounts payable within one year | 42/48 | €20,610 | €67,506 | +€46,896 | +228% |
| Trade debts | 44 | €11,207 | €46,058 | +€34,851 | +311% |
| Suppliers | 440/4 | €11,207 | €46,058 | +€34,851 | +311% |
| Taxes, remuneration and social security | 45 | €3,510 | €16,548 | +€13,038 | +371% |
| Taxes | 450/3 | €1,090 | €14,128 | +€13,038 | +1,196% |
| Remuneration and social security | 454/9 | €2,420 | €2,420 | = | 0.0% |
| Other amounts payable | 47/48 | €5,893 | €4,900 | -€993 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,310 | €4,738 | -€572 | -10.8% |
| Other operating charges | 640/8 | €1,357 | €1,298 | -€59 | -4.3% |
| Gross operating margin | 9900 | -€3,065 | €46,751 | +€49,816 | |
| Operating profit (loss) | 9901 | -€9,732 | €40,715 | +€50,447 | |
| Financial income | 75/76B | €36 | €26 | -€10 | -27.8% |
| Recurring financial income | 75 | €36 | €26 | -€10 | -27.8% |
| Financial charges | 65/66B | €1,279 | €1,250 | -€29 | -2.3% |
| Recurring financial charges | 65 | €1,279 | €1,250 | -€29 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,975 | €39,491 | +€50,466 | |
| Income taxes | 67/77 | €140 | €8,689 | +€8,549 | +6,106% |
| Profit (loss) for the period | 9904 | -€11,115 | €30,802 | +€41,917 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,115 | €30,802 | +€41,917 |
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 16 October 2026 via checked.be.