RENOLUTION: 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.
RENOLUTION
Largest movements
- Receivables within one year -€28,060
down €28,060 (-39.1%), from €71,815 to €43,756
of which Trade receivables: -€17,492
- Stocks and contracts +€25,000
new in 2025: €25,000
- Cash +€1,893
up €1,893 (+29.3%), from €6,460 to €8,353
mainly Receivables within one year (+€28,060) and Net result for the year (+€13,329)
- Trade debts +€11,327
up €11,327 (+152.6%), from €7,423 to €18,750
- Tax, wage and social debts -€5,075
down €5,075 (-89.2%), from €5,688 to €613
- Other debts -€4,858
down €4,858 (-12.1%), from €40,160 to €35,302
- Profit (loss) carried forward -€2,671
down €2,671 (-11.2%), from €23,823 to €21,152
- Taxes -€3,091
down €3,091 (-90.9%), from €3,403 to €311
- Gross operating margin -€2,659
down €2,659 (-15.4%), from €17,323 to €14,664
- Other operating charges +€300
up €300 (+123.5%), from €243 to €542
- Financial charges -€217
down €217 (-57.3%), from €380 to €162
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 | €80,094 | €78,817 | -€1,277 | -1.6% |
| Fixed assets | 21/28 | €1,076 | €1,639 | +€564 | +52.4% |
| Tangible fixed assets | 22/27 | €1,076 | €1,639 | +€564 | +52.4% |
| Plant, machinery and equipment | 23 | €1,076 | €1,639 | +€564 | +52.4% |
| Current assets | 29/58 | €79,018 | €77,178 | -€1,840 | -2.3% |
| Stocks and contracts in progress | 3 | - | €25,000 | +€25,000 | |
| Stocks | 30/36 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €71,815 | €43,756 | -€28,060 | -39.1% |
| Trade receivables | 40 | €58,055 | €40,563 | -€17,492 | -30.1% |
| Other amounts receivable | 41 | €13,760 | €3,192 | -€10,568 | -76.8% |
| Cash at bank and in hand | 54/58 | €6,460 | €8,353 | +€1,893 | +29.3% |
| Deferred charges and accrued income | 490/1 | €742 | €69 | -€674 | -90.8% |
| Total equity and liabilities | 10/49 | €80,094 | €78,817 | -€1,277 | -1.6% |
| Equity | 10/15 | €26,823 | €24,152 | -€2,671 | -10.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,823 | €21,152 | -€2,671 | -11.2% |
| Amounts payable | 17/49 | €53,271 | €54,665 | +€1,394 | +2.6% |
| Amounts payable within one year | 42/48 | €53,271 | €54,665 | +€1,394 | +2.6% |
| Trade debts | 44 | €7,423 | €18,750 | +€11,327 | +152.6% |
| Suppliers | 440/4 | €7,423 | €18,750 | +€11,327 | +152.6% |
| Taxes, remuneration and social security | 45 | €5,688 | €613 | -€5,075 | -89.2% |
| Taxes | 450/3 | €5,688 | €613 | -€5,075 | -89.2% |
| Other amounts payable | 47/48 | €40,160 | €35,302 | -€4,858 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €332 | €332 | +€0 | 0.0% |
| Other operating charges | 640/8 | €243 | €542 | +€300 | +123.5% |
| Gross operating margin | 9900 | €17,323 | €14,664 | -€2,659 | -15.4% |
| Operating profit (loss) | 9901 | €16,748 | €13,789 | -€2,959 | -17.7% |
| Financial income | 75/76B | €160 | €13 | -€147 | -91.8% |
| Recurring financial income | 75 | €160 | €13 | -€147 | -91.8% |
| Financial charges | 65/66B | €380 | €162 | -€217 | -57.3% |
| Recurring financial charges | 65 | €380 | €162 | -€217 | -57.3% |
| Profit (loss) for the period before taxes | 9903 | €16,529 | €13,640 | -€2,889 | -17.5% |
| Income taxes | 67/77 | €3,403 | €311 | -€3,091 | -90.9% |
| Profit (loss) for the period | 9904 | €13,126 | €13,329 | +€203 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,126 | €13,329 | +€203 | +1.5% |
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 6 October 2026 via checked.be.