RenoKing: what changed
Two fiscal 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.
RenoKing
Largest movements
- Receivables within one year +€101,961
up €101,961 (+71.2%), from €143,217 to €245,177
of which Trade receivables: +€103,452
- Stocks and contracts -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Cash +€13,756
up €13,756 (+112.4%), from €12,238 to €25,995
mainly Trade debts (+€229,349) and Stocks and contracts (+€20,000)
- Tangible fixed assets -€6,499
down €6,499 (-30.8%), from €21,119 to €14,619
of which Leasing and similar rights: -€7,587
- Trade debts +€229,349
up €229,349 (+1450.0%), from €15,817 to €245,166
- Other debts -€79,980
down €79,980 (-96.9%), from €82,560 to €2,580
- Tax, wage and social debts -€36,279
down €36,279 (-69.3%), from €52,316 to €16,037
of which Taxes: -€37,155
- Profit (loss) carried forward -€13,901
down €13,901, from €12,270 to -€1,631
- Debts after one year -€7,308
down €7,308 (-100.0%), from €7,308 to €0
- Gross operating margin -€30,187
down €30,187 (-24.9%), from €121,228 to €91,042
- Staff costs -€9,340
down €9,340 (-9.1%), from €102,325 to €92,985
- Financial charges -€5,867
down €5,867 (-81.7%), from €7,184 to €1,316
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.
Cash bridge derived
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 | €198,547 | €289,459 | +€90,912 | +45.8% |
| Fixed assets | 21/28 | €21,119 | €14,619 | -€6,499 | -30.8% |
| Tangible fixed assets | 22/27 | €21,119 | €14,619 | -€6,499 | -30.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €6,589 | €7,677 | +€1,088 | +16.5% |
| Leasing and similar rights | 25 | €14,530 | €6,943 | -€7,587 | -52.2% |
| Current assets | 29/58 | €177,428 | €274,840 | +€97,412 | +54.9% |
| Stocks and contracts in progress | 3 | €20,000 | €0 | -€20,000 | -100.0% |
| Contracts in progress | 37 | €20,000 | €0 | -€20,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €143,217 | €245,177 | +€101,961 | +71.2% |
| Trade receivables | 40 | €141,601 | €245,052 | +€103,452 | +73.1% |
| Other amounts receivable | 41 | €1,616 | €125 | -€1,491 | -92.3% |
| Cash at bank and in hand | 54/58 | €12,238 | €25,995 | +€13,756 | +112.4% |
| Deferred charges and accrued income | 490/1 | €1,973 | €3,668 | +€1,695 | +85.9% |
| Total equity and liabilities | 10/49 | €198,547 | €289,459 | +€90,912 | +45.8% |
| Equity | 10/15 | €32,270 | €18,369 | -€13,901 | -43.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,270 | -€1,631 | -€13,901 | |
| Amounts payable | 17/49 | €166,277 | €271,090 | +€104,813 | +63.0% |
| Amounts payable after more than one year | 17 | €7,308 | €0 | -€7,308 | -100.0% |
| Financial debts | 170/4 | €7,308 | €0 | -€7,308 | -100.0% |
| Amounts payable within one year | 42/48 | €158,470 | €271,090 | +€112,620 | +71.1% |
| Current portion of amounts payable after more than one year | 42 | €7,778 | €7,308 | -€470 | -6.0% |
| Trade debts | 44 | €15,817 | €245,166 | +€229,349 | +1450.0% |
| Suppliers | 440/4 | €15,817 | €245,166 | +€229,349 | +1450.0% |
| Taxes, remuneration and social security | 45 | €52,316 | €16,037 | -€36,279 | -69.3% |
| Taxes | 450/3 | €40,009 | €2,853 | -€37,155 | -92.9% |
| Remuneration and social security | 454/9 | €12,307 | €13,183 | +€876 | +7.1% |
| Other amounts payable | 47/48 | €82,560 | €2,580 | -€79,980 | -96.9% |
| Accrued charges and deferred income | 492/3 | €499 | €0 | -€499 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €102,325 | €92,985 | -€9,340 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,046 | €10,531 | +€485 | +4.8% |
| Other operating charges | 640/8 | €688 | €324 | -€364 | -52.9% |
| Gross operating margin | 9900 | €121,228 | €91,042 | -€30,187 | -24.9% |
| Operating profit (loss) | 9901 | €8,170 | -€12,798 | -€20,968 | |
| Financial income | 75/76B | €885 | €213 | -€672 | -75.9% |
| Recurring financial income | 75 | €885 | €213 | -€672 | -75.9% |
| Financial charges | 65/66B | €7,184 | €1,316 | -€5,867 | -81.7% |
| Recurring financial charges | 65 | €7,184 | €1,316 | -€5,867 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €1,872 | -€13,901 | -€15,773 | |
| Income taxes | 67/77 | €473 | €0 | -€473 | -100.0% |
| Profit (loss) for the period | 9904 | €1,399 | -€13,901 | -€15,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,399 | -€13,901 | -€15,300 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.