RENOMO1: 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.
RENOMO1
Largest movements
- Receivables within one year -€25,268
down €25,268 (-58.8%), from €43,010 to €17,741
of which Other amounts receivable: -€29,424
- Tangible fixed assets +€21,641
up €21,641 (+25.5%), from €84,764 to €106,405
of which Furniture and vehicles: +€27,045
- Cash +€7,317
up €7,317 (+294%), from €2,487 to €9,804
mainly Receivables within one year (+€25,268) and Depreciation (+€14,578)
- Deferred charges and accrued income -€3,744
down €3,744 (-22.9%), from €16,385 to €12,641
- Trade debts -€28,687
down €28,687 (-73.2%), from €39,211 to €10,524
- Debts after one year +€12,208
up €12,208 (+29.8%), from €41,034 to €53,243
- Reserves +€9,100
up €9,100 (+47.9%), from €19,010 to €28,110
of which Distributable reserves: +€9,100
- Other debts +€3,325
up €3,325 (+700%), from €475 to €3,800
- Current portion of long-term debt +€2,425
up €2,425 (+9.7%), from €25,049 to €27,474
- Gross operating margin +€16,013
up €16,013 (+36.9%), from €43,387 to €59,400
- Depreciation +€4,541
up €4,541 (+45.3%), from €10,036 to €14,578
- Taxes +€1,016
up €1,016 (+22.1%), from €4,588 to €5,604
- Financial income -€712
down €712 (-37.1%), from €1,918 to €1,207
- Staff costs +€643
up €643 (+2.9%), from €22,383 to €23,026
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 | €148,982 | €148,738 | -€244 | -0.2% |
| Fixed assets | 21/28 | €84,860 | €106,681 | +€21,821 | +25.7% |
| Tangible fixed assets | 22/27 | €84,764 | €106,405 | +€21,641 | +25.5% |
| Land and buildings | 22 | €64,866 | €61,456 | -€3,410 | -5.3% |
| Plant, machinery and equipment | 23 | €5,027 | €3,033 | -€1,994 | -39.7% |
| Furniture and vehicles | 24 | €14,871 | €41,916 | +€27,045 | +182% |
| Financial fixed assets | 28 | €96 | €276 | +€180 | +188% |
| Current assets | 29/58 | €64,122 | €42,057 | -€22,065 | -34.4% |
| Stocks and contracts in progress | 3 | €2,240 | €1,870 | -€370 | -16.5% |
| Stocks | 30/36 | €2,240 | €1,870 | -€370 | -16.5% |
| Amounts receivable within one year | 40/41 | €43,010 | €17,741 | -€25,268 | -58.8% |
| Trade receivables | 40 | €1,144 | €5,300 | +€4,156 | +363% |
| Other amounts receivable | 41 | €41,865 | €12,441 | -€29,424 | -70.3% |
| Cash at bank and in hand | 54/58 | €2,487 | €9,804 | +€7,317 | +294% |
| Deferred charges and accrued income | 490/1 | €16,385 | €12,641 | -€3,744 | -22.9% |
| Total equity and liabilities | 10/49 | €148,982 | €148,738 | -€244 | -0.2% |
| Equity | 10/15 | €27,231 | €36,337 | +€9,106 | +33.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,010 | €28,110 | +€9,100 | +47.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,150 | €26,250 | +€9,100 | +53.1% |
| Profit (loss) carried forward | 14 | €2,021 | €2,027 | +€6 | +0.3% |
| Amounts payable | 17/49 | €121,751 | €112,400 | -€9,350 | -7.7% |
| Amounts payable after more than one year | 17 | €41,034 | €53,243 | +€12,208 | +29.8% |
| Financial debts | 170/4 | €41,034 | €53,243 | +€12,208 | +29.8% |
| Amounts payable within one year | 42/48 | €80,717 | €59,158 | -€21,559 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €25,049 | €27,474 | +€2,425 | +9.7% |
| Trade debts | 44 | €39,211 | €10,524 | -€28,687 | -73.2% |
| Suppliers | 440/4 | €39,211 | €10,524 | -€28,687 | -73.2% |
| Taxes, remuneration and social security | 45 | €15,982 | €17,360 | +€1,378 | +8.6% |
| Taxes | 450/3 | €7,029 | €8,119 | +€1,090 | +15.5% |
| Remuneration and social security | 454/9 | €8,953 | €9,241 | +€289 | +3.2% |
| Other amounts payable | 47/48 | €475 | €3,800 | +€3,325 | +700% |
| Remuneration, social security and pensions | 62 | €22,383 | €23,026 | +€643 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,036 | €14,578 | +€4,541 | +45.3% |
| Other operating charges | 640/8 | €1,445 | €1,833 | +€387 | +26.8% |
| Gross operating margin | 9900 | €43,387 | €59,400 | +€16,013 | +36.9% |
| Operating profit (loss) | 9901 | €9,523 | €19,964 | +€10,441 | +110% |
| Financial income | 75/76B | €1,918 | €1,207 | -€712 | -37.1% |
| Recurring financial income | 75 | €1,918 | €1,207 | -€712 | -37.1% |
| Financial charges | 65/66B | €2,676 | €2,460 | -€216 | -8.1% |
| Recurring financial charges | 65 | €2,676 | €2,460 | -€216 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €8,765 | €18,710 | +€9,945 | +113% |
| Income taxes | 67/77 | €4,588 | €5,604 | +€1,016 | +22.1% |
| Profit (loss) for the period | 9904 | €4,176 | €13,106 | +€8,930 | +214% |
| Profit (loss) for the period to be appropriated | 9905 | €4,176 | €13,106 | +€8,930 | +214% |
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 19 October 2026 via checked.be.