RENOMARI: 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.
RENOMARI
Largest movements
- Stocks and contracts -€718,000
no longer reported in 2023 (was €718,000)
- Cash -€16,470
down €16,470 (-89.9%), from €18,326 to €1,856
mainly Current portion of long-term debt (-€403,000) and Debts after one year (-€150,000)
- Current portion of long-term debt -€403,000
no longer reported in 2023 (was €403,000)
- Debts after one year -€150,000
no longer reported in 2023 (was €150,000)
- Other debts -€95,910
down €95,910 (-68.1%), from €140,821 to €44,910
- Profit (loss) carried forward -€48,625
down €48,625, from €1,998 to -€46,627
- Trade debts -€41,797
down €41,797 (-92.2%), from €45,314 to €3,518
- Gross operating margin -€51,747
down €51,747, from €25,905 to -€25,842
- Staff costs -€8,432
no longer reported in 2023 (was €8,432)
- Financial charges +€3,312
up €3,312 (+26.8%), from €12,340 to €15,652
- Other operating charges +€2,937
up €2,937 (+202%), from €1,452 to €4,389
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €749,537 | €7,801 | -€741,736 | -99.0% |
| Fixed assets | 21/28 | €8,687 | €5,945 | -€2,742 | -31.6% |
| Tangible fixed assets | 22/27 | €8,687 | €5,945 | -€2,742 | -31.6% |
| Plant, machinery and equipment | 23 | €4,800 | €3,350 | -€1,450 | -30.2% |
| Furniture and vehicles | 24 | €3,887 | €2,595 | -€1,292 | -33.2% |
| Current assets | 29/58 | €740,850 | €1,856 | -€738,994 | -99.7% |
| Stocks and contracts in progress | 3 | €718,000 | - | -€718,000 | |
| Contracts in progress | 37 | €718,000 | - | -€718,000 | |
| Cash at bank and in hand | 54/58 | €18,326 | €1,856 | -€16,470 | -89.9% |
| Deferred charges and accrued income | 490/1 | €4,524 | - | -€4,524 | |
| Total equity and liabilities | 10/49 | €749,537 | €7,801 | -€741,736 | -99.0% |
| Equity | 10/15 | €7,998 | -€40,627 | -€48,625 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,998 | -€46,627 | -€48,625 | |
| Amounts payable | 17/49 | €741,539 | €48,428 | -€693,111 | -93.5% |
| Amounts payable after more than one year | 17 | €150,000 | - | -€150,000 | |
| Financial debts | 170/4 | €150,000 | - | -€150,000 | |
| Amounts payable within one year | 42/48 | €591,539 | €48,428 | -€543,111 | -91.8% |
| Current portion of amounts payable after more than one year | 42 | €403,000 | - | -€403,000 | |
| Trade debts | 44 | €45,314 | €3,518 | -€41,797 | -92.2% |
| Suppliers | 440/4 | €45,314 | €3,518 | -€41,797 | -92.2% |
| Taxes, remuneration and social security | 45 | €2,404 | - | -€2,404 | |
| Taxes | 450/3 | €2,404 | - | -€2,404 | |
| Other amounts payable | 47/48 | €140,821 | €44,910 | -€95,910 | -68.1% |
| Non-recurring operating income | 76A | - | €12,874 | +€12,874 | |
| Remuneration, social security and pensions | 62 | €8,432 | - | -€8,432 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,742 | €2,742 | = | 0.0% |
| Other operating charges | 640/8 | €1,452 | €4,389 | +€2,937 | +202% |
| Gross operating margin | 9900 | €25,905 | -€25,842 | -€51,747 | |
| Operating profit (loss) | 9901 | €13,279 | -€32,974 | -€46,252 | |
| Financial charges | 65/66B | €12,340 | €15,652 | +€3,312 | +26.8% |
| Recurring financial charges | 65 | €12,340 | €15,652 | +€3,312 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | €939 | -€48,625 | -€49,564 | |
| Profit (loss) for the period | 9904 | €939 | -€48,625 | -€49,564 | |
| Profit (loss) for the period to be appropriated | 9905 | €939 | -€48,625 | -€49,564 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.