RENOKAM: 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.
RENOKAM
Largest movements
- Tangible fixed assets +€24,739
up €24,739 (+362%), from €6,834 to €31,574
of which Furniture and vehicles: +€27,466
- Cash +€6,248
up €6,248 (+6.6%), from €94,141 to €100,389
mainly Debts after one year (+€15,966) and Depreciation (+€9,265)
- Receivables within one year +€3,796
up €3,796 (+39.2%), from €9,678 to €13,474
of which Other amounts receivable: +€2,287
- Debts after one year +€15,966
new in 2025: €15,966
- Reserves +€6,690
up €6,690 (+6.8%), from €97,993 to €104,683
- Current portion of long-term debt +€4,794
new in 2025: €4,794
- Tax, wage and social debts +€3,148
up €3,148 (+478%), from €658 to €3,806
- Other debts +€1,937
up €1,937 (+18.9%), from €10,271 to €12,208
- Gross operating margin +€9,883
up €9,883 (+62.9%), from €15,704 to €25,587
- Depreciation +€2,714
up €2,714 (+41.4%), from €6,551 to €9,265
- Taxes +€1,500
up €1,500 (+65.0%), from €2,306 to €3,806
- Other operating charges +€1,030
up €1,030 (+118%), from €875 to €1,905
- Financial charges +€533
up €533 (+29.8%), from €1,788 to €2,320
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 | €111,922 | €146,045 | +€34,122 | +30.5% |
| Fixed assets | 21/28 | €6,834 | €31,574 | +€24,739 | +362% |
| Tangible fixed assets | 22/27 | €6,834 | €31,574 | +€24,739 | +362% |
| Plant, machinery and equipment | 23 | €6,295 | €3,568 | -€2,727 | -43.3% |
| Furniture and vehicles | 24 | €539 | €28,005 | +€27,466 | +5,095% |
| Current assets | 29/58 | €105,088 | €114,471 | +€9,383 | +8.9% |
| Amounts receivable within one year | 40/41 | €9,678 | €13,474 | +€3,796 | +39.2% |
| Trade receivables | 40 | €1,696 | €3,204 | +€1,509 | +89.0% |
| Other amounts receivable | 41 | €7,982 | €10,270 | +€2,287 | +28.7% |
| Cash at bank and in hand | 54/58 | €94,141 | €100,389 | +€6,248 | +6.6% |
| Deferred charges and accrued income | 490/1 | €1,270 | €609 | -€661 | -52.1% |
| Total equity and liabilities | 10/49 | €111,922 | €146,045 | +€34,122 | +30.5% |
| Equity | 10/15 | €100,993 | €107,683 | +€6,690 | +6.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €97,993 | €104,683 | +€6,690 | +6.8% |
| Distributable reserves | 133 | €97,993 | €104,683 | +€6,690 | +6.8% |
| Amounts payable | 17/49 | €10,929 | €38,362 | +€27,432 | +251% |
| Amounts payable after more than one year | 17 | - | €15,966 | +€15,966 | |
| Financial debts | 170/4 | - | €15,966 | +€15,966 | |
| Amounts payable within one year | 42/48 | €10,929 | €22,395 | +€11,466 | +105% |
| Current portion of amounts payable after more than one year | 42 | - | €4,794 | +€4,794 | |
| Trade debts | 44 | - | €1,588 | +€1,588 | |
| Suppliers | 440/4 | - | €1,588 | +€1,588 | |
| Taxes, remuneration and social security | 45 | €658 | €3,806 | +€3,148 | +478% |
| Taxes | 450/3 | €658 | €3,806 | +€3,148 | +478% |
| Other amounts payable | 47/48 | €10,271 | €12,208 | +€1,937 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,551 | €9,265 | +€2,714 | +41.4% |
| Other operating charges | 640/8 | €875 | €1,905 | +€1,030 | +118% |
| Gross operating margin | 9900 | €15,704 | €25,587 | +€9,883 | +62.9% |
| Operating profit (loss) | 9901 | €8,278 | €14,416 | +€6,138 | +74.1% |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €1,788 | €2,320 | +€533 | +29.8% |
| Recurring financial charges | 65 | €1,788 | €2,320 | +€533 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €6,509 | €12,096 | +€5,587 | +85.8% |
| Income taxes | 67/77 | €2,306 | €3,806 | +€1,500 | +65.0% |
| Profit (loss) for the period | 9904 | €4,203 | €8,290 | +€4,087 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,203 | €8,290 | +€4,087 | +97.2% |
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 13 October 2026 via checked.be.