RENOMAN: 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.
RENOMAN
Largest movements
- Receivables within one year +€106,499
up €106,499 (+226%), from €47,088 to €153,586
of which Trade receivables: +€88,824
- Contributions +€60,000
up €60,000 (+323%), from €18,600 to €78,600
- Advances received +€32,271
new in 2025: €32,271
- Trade debts +€32,019
new in 2025: €32,019
- Profit (loss) carried forward -€19,669
down €19,669 (-29.0%), from €67,921 to €48,252
- Turnover -€129,652
no longer reported in 2025 (was €129,652)
- Purchases and services -€125,846
no longer reported in 2025 (was €125,846)
- Gross operating margin +€80,287
up €80,287 (+2,109%), from €3,806 to €84,093
- Staff costs +€24,096
new in 2025: €24,096
- Taxes +€15,175
new in 2025: €15,175
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 | €88,113 | €191,298 | +€103,185 | +117% |
| Fixed assets | 21/28 | €33,256 | €31,430 | -€1,826 | -5.5% |
| Tangible fixed assets | 22/27 | €7,306 | €5,480 | -€1,826 | -25.0% |
| Furniture and vehicles | 24 | €7,306 | €5,480 | -€1,826 | -25.0% |
| Financial fixed assets | 28 | €25,950 | €25,950 | = | 0.0% |
| Current assets | 29/58 | €54,857 | €159,868 | +€105,012 | +191% |
| Amounts receivable within one year | 40/41 | €47,088 | €153,586 | +€106,499 | +226% |
| Trade receivables | 40 | €12,725 | €101,549 | +€88,824 | +698% |
| Other amounts receivable | 41 | €34,363 | €52,037 | +€17,674 | +51.4% |
| Cash at bank and in hand | 54/58 | €7,769 | €6,282 | -€1,487 | -19.1% |
| Total equity and liabilities | 10/49 | €88,113 | €191,298 | +€103,185 | +117% |
| Equity | 10/15 | €86,521 | €126,852 | +€40,331 | +46.6% |
| Contributions | 10/11 | €18,600 | €78,600 | +€60,000 | +323% |
| Profit (loss) carried forward | 14 | €67,921 | €48,252 | -€19,669 | -29.0% |
| Amounts payable | 17/49 | €1,592 | €64,446 | +€62,854 | +3,949% |
| Amounts payable within one year | 42/48 | €1,592 | €64,446 | +€62,854 | +3,949% |
| Trade debts | 44 | - | €32,019 | +€32,019 | |
| Suppliers | 440/4 | - | €32,019 | +€32,019 | |
| Advances received on contracts in progress | 46 | - | €32,271 | +€32,271 | |
| Taxes, remuneration and social security | 45 | €1,592 | €156 | -€1,436 | -90.2% |
| Taxes | 450/3 | €1,592 | - | -€1,592 | |
| Remuneration and social security | 454/9 | - | €156 | +€156 | |
| Turnover | 70 | €129,652 | - | -€129,652 | |
| Goods, raw materials, services and sundry goods | 60/61 | €125,846 | - | -€125,846 | |
| Remuneration, social security and pensions | 62 | - | €24,096 | +€24,096 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,826 | €1,826 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,540 | €2,564 | +€1,024 | +66.5% |
| Gross operating margin | 9900 | €3,806 | €84,093 | +€80,287 | +2,109% |
| Operating profit (loss) | 9901 | €440 | €55,606 | +€55,166 | +12,535% |
| Financial income | 75/76B | - | €38 | +€38 | |
| Recurring financial income | 75 | - | €38 | +€38 | |
| Financial charges | 65/66B | €141 | €138 | -€3 | -2.4% |
| Recurring financial charges | 65 | €141 | €138 | -€3 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €299 | €55,506 | +€55,207 | +18,484% |
| Income taxes | 67/77 | - | €15,175 | +€15,175 | |
| Profit (loss) for the period | 9904 | €299 | €40,331 | +€40,032 | +13,403% |
| Profit (loss) for the period to be appropriated | 9905 | €299 | €40,331 | +€40,032 | +13,403% |
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 18 October 2026 via checked.be.