RENOLO: 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.
RENOLO
Largest movements
- Tangible fixed assets -€116,561
down €116,561 (-19.0%), from €612,883 to €496,322
- Receivables within one year +€20,085
up €20,085 (+17.2%), from €116,700 to €136,785
- Debts after one year -€164,646
down €164,646 (-28.7%), from €574,478 to €409,833
- Trade debts +€61,253
up €61,253 (+622.6%), from €9,838 to €71,091
- Profit (loss) carried forward +€58,814
up €58,814 (+56.1%), from -€104,898 to -€46,084
- Other debts -€44,223
down €44,223 (-22.9%), from €192,858 to €148,635
- Gross operating margin +€68,534
up €68,534 (+228.7%), from €29,969 to €98,503
- Depreciation -€6,724
down €6,724 (-24.0%), from €28,051 to €21,326
- Financial charges -€1,911
down €1,911 (-13.0%), from €14,708 to €12,797
- Other operating charges +€1,072
up €1,072 (+25.2%), from €4,254 to €5,326
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 | €732,132 | €639,219 | -€92,912 | -12.7% |
| Fixed assets | 21/28 | €612,883 | €496,322 | -€116,561 | -19.0% |
| Tangible fixed assets | 22/27 | €612,883 | €496,322 | -€116,561 | -19.0% |
| Land and buildings | 22 | €612,883 | €496,322 | -€116,561 | -19.0% |
| Current assets | 29/58 | €119,248 | €142,897 | +€23,649 | +19.8% |
| Amounts receivable within one year | 40/41 | €116,700 | €136,785 | +€20,085 | +17.2% |
| Other amounts receivable | 41 | €116,700 | €136,785 | +€20,085 | +17.2% |
| Cash at bank and in hand | 54/58 | €2,548 | €6,111 | +€3,563 | +139.8% |
| Total equity and liabilities | 10/49 | €732,132 | €639,219 | -€92,912 | -12.7% |
| Equity | 10/15 | -€84,898 | -€26,084 | +€58,814 | +69.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,898 | -€46,084 | +€58,814 | +56.1% |
| Amounts payable | 17/49 | €817,029 | €665,303 | -€151,727 | -18.6% |
| Amounts payable after more than one year | 17 | €574,478 | €409,833 | -€164,646 | -28.7% |
| Financial debts | 170/4 | €574,478 | €409,833 | -€164,646 | -28.7% |
| Amounts payable within one year | 42/48 | €242,551 | €255,470 | +€12,919 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €38,166 | €35,564 | -€2,602 | -6.8% |
| Trade debts | 44 | €9,838 | €71,091 | +€61,253 | +622.6% |
| Suppliers | 440/4 | €9,838 | €71,091 | +€61,253 | +622.6% |
| Taxes, remuneration and social security | 45 | €1,689 | €180 | -€1,509 | -89.4% |
| Taxes | 450/3 | €1,689 | €180 | -€1,509 | -89.4% |
| Other amounts payable | 47/48 | €192,858 | €148,635 | -€44,223 | -22.9% |
| Non-recurring operating income | 76A | €40,886 | €55,735 | +€14,849 | +36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,051 | €21,326 | -€6,724 | -24.0% |
| Other operating charges | 640/8 | €4,254 | €5,326 | +€1,072 | +25.2% |
| Non-recurring operating charges | 66A | - | €60 | +€60 | |
| Gross operating margin | 9900 | €29,969 | €98,503 | +€68,534 | +228.7% |
| Operating profit (loss) | 9901 | -€2,335 | €71,791 | +€74,127 | |
| Financial charges | 65/66B | €14,708 | €12,797 | -€1,911 | -13.0% |
| Recurring financial charges | 65 | €14,708 | €12,797 | -€1,911 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,043 | €58,994 | +€76,037 | |
| Income taxes | 67/77 | €142 | €180 | +€38 | +26.7% |
| Profit (loss) for the period | 9904 | -€17,185 | €58,814 | +€75,999 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,185 | €58,814 | +€75,999 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.