RENOMAS: 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.
RENOMAS
Largest movements
- Cash +€26,429
up €26,429 (+20673.8%), from €128 to €26,557
mainly Trade debts (+€28,680) and Net result for the year (+€23,391)
- Receivables within one year +€21,201
up €21,201 (+47.7%), from €44,449 to €65,651
of which Trade receivables: +€25,347
- Tangible fixed assets +€18,117
up €18,117 (+127.1%), from €14,249 to €32,366
of which Furniture and vehicles: +€14,970
- Stocks and contracts +€2,853
up €2,853 (+17.6%), from €16,218 to €19,071
of which Contracts in progress: +€3,750
- Deferred charges and accrued income +€1,733
up €1,733 (+32.5%), from €5,333 to €7,065
- Trade debts +€28,680
up €28,680 (+128.3%), from €22,363 to €51,043
- Profit (loss) carried forward +€22,053
no longer reported in 2025 (was -€22,053)
- Debts after one year +€13,911
up €13,911 (+21.1%), from €66,046 to €79,958
of which Financial debts: +€14,333
- Tax, wage and social debts +€4,290
up €4,290 (+1713.7%), from €250 to €4,540
- Current portion of long-term debt +€3,831
new in 2025: €3,831
- Gross operating margin +€34,900
up €34,900 (+275.8%), from €12,654 to €47,553
- Depreciation +€6,783
up €6,783 (+198.6%), from €3,415 to €10,198
- Financial charges -€5,613
down €5,613 (-42.5%), from €13,192 to €7,579
of which Non-recurring financial charges: -€4,210
- Staff costs -€4,976
no longer reported in 2025 (was €4,976)
- Taxes +€4,364
up €4,364 (+2485.4%), from €176 to €4,540
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 | €80,377 | €150,710 | +€70,333 | +87.5% |
| Fixed assets | 21/28 | €14,249 | €32,366 | +€18,117 | +127.1% |
| Tangible fixed assets | 22/27 | €14,249 | €32,366 | +€18,117 | +127.1% |
| Plant, machinery and equipment | 23 | €2,247 | €5,395 | +€3,147 | +140.0% |
| Furniture and vehicles | 24 | €12,001 | €26,971 | +€14,970 | +124.7% |
| Current assets | 29/58 | €66,128 | €118,344 | +€52,216 | +79.0% |
| Stocks and contracts in progress | 3 | €16,218 | €19,071 | +€2,853 | +17.6% |
| Stocks | 30/36 | €7,468 | €6,571 | -€897 | -12.0% |
| Contracts in progress | 37 | €8,750 | €12,500 | +€3,750 | +42.9% |
| Amounts receivable within one year | 40/41 | €44,449 | €65,651 | +€21,201 | +47.7% |
| Trade receivables | 40 | €13,962 | €39,309 | +€25,347 | +181.5% |
| Other amounts receivable | 41 | €30,487 | €26,342 | -€4,146 | -13.6% |
| Cash at bank and in hand | 54/58 | €128 | €26,557 | +€26,429 | +20673.8% |
| Deferred charges and accrued income | 490/1 | €5,333 | €7,065 | +€1,733 | +32.5% |
| Total equity and liabilities | 10/49 | €80,377 | €150,710 | +€70,333 | +87.5% |
| Equity | 10/15 | -€12,053 | €11,338 | +€23,391 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €1,338 | +€1,338 | |
| Distributable reserves | 133 | - | €1,338 | +€1,338 | |
| Profit (loss) carried forward | 14 | -€22,053 | - | +€22,053 | |
| Amounts payable | 17/49 | €92,430 | €139,372 | +€46,942 | +50.8% |
| Amounts payable after more than one year | 17 | €66,046 | €79,958 | +€13,911 | +21.1% |
| Financial debts | 170/4 | - | €14,333 | +€14,333 | |
| Other amounts payable | 178/9 | €66,046 | €65,625 | -€422 | -0.6% |
| Amounts payable within one year | 42/48 | €26,384 | €59,414 | +€33,031 | +125.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,831 | +€3,831 | |
| Financial debts | 43 | €3,771 | - | -€3,771 | |
| Credit institutions | 430/8 | €3,771 | - | -€3,771 | |
| Trade debts | 44 | €22,363 | €51,043 | +€28,680 | +128.3% |
| Suppliers | 440/4 | €22,363 | €51,043 | +€28,680 | +128.3% |
| Taxes, remuneration and social security | 45 | €250 | €4,540 | +€4,290 | +1713.7% |
| Taxes | 450/3 | €250 | €4,540 | +€4,290 | +1713.7% |
| Remuneration, social security and pensions | 62 | €4,976 | - | -€4,976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,415 | €10,198 | +€6,783 | +198.6% |
| Other operating charges | 640/8 | €1,534 | €3,789 | +€2,255 | +147.0% |
| Gross operating margin | 9900 | €12,654 | €47,553 | +€34,900 | +275.8% |
| Operating profit (loss) | 9901 | €2,728 | €33,566 | +€30,838 | +1130.4% |
| Financial income | 75/76B | €2,415 | €1,944 | -€471 | -19.5% |
| Recurring financial income | 75 | €2,415 | €1,944 | -€471 | -19.5% |
| Financial charges | 65/66B | €13,192 | €7,579 | -€5,613 | -42.5% |
| Recurring financial charges | 65 | €8,983 | €7,579 | -€1,403 | -15.6% |
| Non-recurring financial charges | 66B | €4,210 | - | -€4,210 | |
| Profit (loss) for the period before taxes | 9903 | -€8,050 | €27,931 | +€35,981 | |
| Income taxes | 67/77 | €176 | €4,540 | +€4,364 | +2485.4% |
| Profit (loss) for the period | 9904 | -€8,225 | €23,391 | +€31,616 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,225 | €23,391 | +€31,616 |
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 10 October 2026 via checked.be.