RENOJOINT: 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.
RENOJOINT
Largest movements
- Receivables within one year -€69,392
down €69,392 (-83.5%), from €83,128 to €13,736
of which Trade receivables: -€69,400
- Cash +€62,058
up €62,058 (+127%), from €48,756 to €110,814
mainly Receivables within one year (+€69,392) and Net result for the year (+€8,287)
- Financial fixed assets -€1,487
no longer reported in 2025 (was €1,487)
- Other debts -€18,269
down €18,269 (-83.5%), from €21,868 to €3,600
- Reserves +€8,287
up €8,287 (+9.1%), from €91,203 to €99,490
of which Distributable reserves: +€8,287
- Gross operating margin -€4,678
down €4,678 (-31.4%), from €14,897 to €10,219
- Financial charges -€1,469
down €1,469 (-56.9%), from €2,581 to €1,112
- Taxes -€479
down €479 (-36.6%), from €1,307 to €829
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 | €133,372 | €124,550 | -€8,822 | -6.6% |
| Fixed assets | 21/28 | €1,487 | - | -€1,487 | |
| Financial fixed assets | 28 | €1,487 | - | -€1,487 | |
| Current assets | 29/58 | €131,885 | €124,550 | -€7,335 | -5.6% |
| Amounts receivable within one year | 40/41 | €83,128 | €13,736 | -€69,392 | -83.5% |
| Trade receivables | 40 | €78,900 | €9,500 | -€69,400 | -88.0% |
| Other amounts receivable | 41 | €4,228 | €4,236 | +€8 | +0.2% |
| Cash at bank and in hand | 54/58 | €48,756 | €110,814 | +€62,058 | +127% |
| Total equity and liabilities | 10/49 | €133,372 | €124,550 | -€8,822 | -6.6% |
| Equity | 10/15 | €109,316 | €117,603 | +€8,287 | +7.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €91,203 | €99,490 | +€8,287 | +9.1% |
| Non-distributable reserves | 130/1 | €248 | €248 | = | 0.0% |
| Reserves not available under the articles | 1311 | €248 | €248 | = | 0.0% |
| Distributable reserves | 133 | €90,955 | €99,243 | +€8,287 | +9.1% |
| Profit (loss) carried forward | 14 | €15,613 | €15,613 | = | 0.0% |
| Amounts payable | 17/49 | €24,056 | €6,947 | -€17,109 | -71.1% |
| Amounts payable within one year | 42/48 | €24,056 | €6,947 | -€17,109 | -71.1% |
| Trade debts | 44 | €374 | €754 | +€381 | +102% |
| Suppliers | 440/4 | €374 | €754 | +€381 | +102% |
| Taxes, remuneration and social security | 45 | €1,814 | €2,593 | +€778 | +42.9% |
| Taxes | 450/3 | €1,814 | €2,593 | +€778 | +42.9% |
| Other amounts payable | 47/48 | €21,868 | €3,600 | -€18,269 | -83.5% |
| Other operating charges | 640/8 | €125 | €101 | -€24 | -19.0% |
| Gross operating margin | 9900 | €14,897 | €10,219 | -€4,678 | -31.4% |
| Operating profit (loss) | 9901 | €14,772 | €10,118 | -€4,654 | -31.5% |
| Financial income | 75/76B | €72 | €110 | +€38 | +53.6% |
| Recurring financial income | 75 | €72 | €110 | +€38 | +53.6% |
| Financial charges | 65/66B | €2,581 | €1,112 | -€1,469 | -56.9% |
| Recurring financial charges | 65 | €2,581 | €1,112 | -€1,469 | -56.9% |
| Profit (loss) for the period before taxes | 9903 | €12,263 | €9,116 | -€3,147 | -25.7% |
| Income taxes | 67/77 | €1,307 | €829 | -€479 | -36.6% |
| Profit (loss) for the period | 9904 | €10,955 | €8,287 | -€2,668 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,955 | €8,287 | -€2,668 | -24.4% |
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 22 October 2026 via checked.be.