RENONET: what changed
Two fiscal 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.
RENONET
Largest movements
- Receivables within one year +€67,921
up €67,921 (+266.1%), from €25,522 to €93,442
of which Trade receivables: +€63,741
- Cash -€4,832
down €4,832 (-8.5%), from €56,729 to €51,897
mainly Receivables within one year (-€67,921) and Investment in fixed assets (net) (-€720)
- Profit (loss) carried forward +€45,869
up €45,869 (+693.6%), from €6,614 to €52,482
- Tax, wage and social debts +€16,086
up €16,086 (+78.7%), from €20,449 to €36,535
of which Taxes: +€20,903
- Trade debts +€1,680
up €1,680 (+39.8%), from €4,220 to €5,900
- Gross operating margin +€18,708
up €18,708 (+46.4%), from €40,316 to €59,024
- Taxes +€1,038
up €1,038 (+10.0%), from €10,432 to €11,470
- Other operating charges +€928
up €928 (+1687.4%), from €55 to €983
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 | €83,282 | €146,917 | +€63,635 | +76.4% |
| Fixed assets | 21/28 | €1,032 | €1,174 | +€142 | +13.7% |
| Tangible fixed assets | 22/27 | €792 | €214 | -€578 | -73.0% |
| Furniture and vehicles | 24 | €792 | €214 | -€578 | -73.0% |
| Financial fixed assets | 28 | €240 | €960 | +€720 | +300.0% |
| Current assets | 29/58 | €82,250 | €145,743 | +€63,493 | +77.2% |
| Amounts receivable within one year | 40/41 | €25,522 | €93,442 | +€67,921 | +266.1% |
| Trade receivables | 40 | €4,523 | €68,264 | +€63,741 | +1409.2% |
| Other amounts receivable | 41 | €20,998 | €25,178 | +€4,180 | +19.9% |
| Cash at bank and in hand | 54/58 | €56,729 | €51,897 | -€4,832 | -8.5% |
| Deferred charges and accrued income | 490/1 | - | €404 | +€404 | |
| Total equity and liabilities | 10/49 | €83,282 | €146,917 | +€63,635 | +76.4% |
| Equity | 10/15 | €58,614 | €104,482 | +€45,869 | +78.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,614 | €52,482 | +€45,869 | +693.6% |
| Amounts payable | 17/49 | €24,669 | €42,435 | +€17,766 | +72.0% |
| Amounts payable within one year | 42/48 | €24,669 | €42,435 | +€17,766 | +72.0% |
| Trade debts | 44 | €4,220 | €5,900 | +€1,680 | +39.8% |
| Suppliers | 440/4 | €4,220 | €5,900 | +€1,680 | +39.8% |
| Taxes, remuneration and social security | 45 | €20,449 | €36,535 | +€16,086 | +78.7% |
| Taxes | 450/3 | €12,142 | €33,045 | +€20,903 | +172.2% |
| Remuneration and social security | 454/9 | €8,307 | €3,490 | -€4,817 | -58.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578 | €578 | = | 0.0% |
| Other operating charges | 640/8 | €55 | €983 | +€928 | +1687.4% |
| Gross operating margin | 9900 | €40,316 | €59,024 | +€18,708 | +46.4% |
| Operating profit (loss) | 9901 | €39,683 | €57,463 | +€17,780 | +44.8% |
| Financial charges | 65/66B | €66 | €124 | +€59 | +89.2% |
| Recurring financial charges | 65 | €66 | €124 | +€59 | +89.2% |
| Profit (loss) for the period before taxes | 9903 | €39,617 | €57,339 | +€17,722 | +44.7% |
| Income taxes | 67/77 | €10,432 | €11,470 | +€1,038 | +10.0% |
| Profit (loss) for the period | 9904 | €29,185 | €45,869 | +€16,684 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,185 | €45,869 | +€16,684 | +57.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.