RENOMEL: 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.
RENOMEL
Largest movements
- Tangible fixed assets +€38,340
up €38,340 (+2,028%), from €1,891 to €40,231
of which Furniture and vehicles: +€37,521
- Cash +€14,912
up €14,912 (+488%), from €3,053 to €17,965
mainly Net result for the year (+€30,476) and Contributions, distributions and other (+€20,467)
- Receivables within one year -€5,120
down €5,120 (-2.8%), from €180,328 to €175,208
of which Other amounts receivable: -€19,062
- Profit (loss) carried forward +€30,476
up €30,476 (+20.6%), from -€148,078 to -€117,602
- Contributions +€18,600
up €18,600 (+100%), from €18,600 to €37,200
- Other debts -€10,350
down €10,350 (-3.4%), from €307,704 to €297,354
- Trade debts +€4,934
up €4,934 (+554%), from €890 to €5,824
- Tax, wage and social debts +€3,226
up €3,226 (+130%), from €2,475 to €5,701
- Gross operating margin +€18,407
up €18,407 (+102%), from €17,964 to €36,371
- Other operating charges -€15,842
down €15,842 (-94.2%), from €16,826 to €984
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 | €185,358 | €234,082 | +€48,725 | +26.3% |
| Fixed assets | 21/28 | €1,891 | €40,231 | +€38,340 | +2,028% |
| Tangible fixed assets | 22/27 | €1,891 | €40,231 | +€38,340 | +2,028% |
| Plant, machinery and equipment | 23 | €1,816 | €2,635 | +€819 | +45.1% |
| Furniture and vehicles | 24 | €75 | €37,596 | +€37,521 | +50,188% |
| Current assets | 29/58 | €183,467 | €193,852 | +€10,385 | +5.7% |
| Amounts receivable within one year | 40/41 | €180,328 | €175,208 | -€5,120 | -2.8% |
| Trade receivables | 40 | €5,784 | €19,727 | +€13,942 | +241% |
| Other amounts receivable | 41 | €174,544 | €155,481 | -€19,062 | -10.9% |
| Cash at bank and in hand | 54/58 | €3,053 | €17,965 | +€14,912 | +488% |
| Deferred charges and accrued income | 490/1 | €86 | €678 | +€593 | +689% |
| Total equity and liabilities | 10/49 | €185,358 | €234,082 | +€48,725 | +26.3% |
| Equity | 10/15 | -€125,758 | -€74,816 | +€50,943 | +40.5% |
| Contributions | 10/11 | €18,600 | €37,200 | +€18,600 | +100% |
| Reserves | 13 | €3,720 | €5,587 | +€1,867 | +50.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,720 | €5,587 | +€1,867 | +50.2% |
| Profit (loss) carried forward | 14 | -€148,078 | -€117,602 | +€30,476 | +20.6% |
| Amounts payable | 17/49 | €311,116 | €308,898 | -€2,218 | -0.7% |
| Amounts payable within one year | 42/48 | €311,069 | €308,879 | -€2,190 | -0.7% |
| Trade debts | 44 | €890 | €5,824 | +€4,934 | +554% |
| Suppliers | 440/4 | €890 | €5,824 | +€4,934 | +554% |
| Taxes, remuneration and social security | 45 | €2,475 | €5,701 | +€3,226 | +130% |
| Taxes | 450/3 | €2,475 | €5,701 | +€3,226 | +130% |
| Other amounts payable | 47/48 | €307,704 | €297,354 | -€10,350 | -3.4% |
| Accrued charges and deferred income | 492/3 | €47 | €19 | -€28 | -59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,238 | €2,945 | -€293 | -9.0% |
| Other operating charges | 640/8 | €16,826 | €984 | -€15,842 | -94.2% |
| Gross operating margin | 9900 | €17,964 | €36,371 | +€18,407 | +102% |
| Operating profit (loss) | 9901 | -€2,100 | €32,442 | +€34,542 | |
| Financial income | 75/76B | €1,639 | €1,689 | +€50 | +3.0% |
| Recurring financial income | 75 | €1,639 | €1,689 | +€50 | +3.0% |
| Financial charges | 65/66B | €3,672 | €3,607 | -€65 | -1.8% |
| Recurring financial charges | 65 | €3,672 | €3,607 | -€65 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,133 | €30,523 | +€34,656 | |
| Income taxes | 67/77 | €54 | €47 | -€6 | -11.7% |
| Profit (loss) for the period | 9904 | -€4,187 | €30,476 | +€34,663 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,187 | €30,476 | +€34,663 |
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.