RENOOF: 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.
RENOOF
Largest movements
- Receivables within one year -€27,753
down €27,753 (-81.0%), from €34,266 to €6,513
of which Trade receivables: -€26,892
- Stocks and contracts +€4,680
up €4,680 (+23.7%), from €19,738 to €24,418
- Tangible fixed assets +€3,733
new in 2025: €3,733
- Cash +€1,483
up €1,483 (+8.8%), from €16,857 to €18,340
mainly Receivables within one year (+€27,753) and Net result for the year (+€721)
- Trade debts -€17,832
down €17,832 (-93.6%), from €19,057 to €1,225
- Other debts -€1,177
down €1,177 (-2.6%), from €45,549 to €44,372
- Reserves +€721
up €721 (+126%), from €574 to €1,295
- Gross operating margin -€1,771
down €1,771 (-38.8%), from €4,568 to €2,797
- Financial charges -€1,420
down €1,420 (-95.2%), from €1,492 to €72
- Other operating charges -€514
down €514 (-28.2%), from €1,821 to €1,307
- Depreciation +€107
new in 2025: €107
- Taxes -€91
down €91 (-13.4%), from €681 to €590
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 | €70,861 | €53,004 | -€17,857 | -25.2% |
| Fixed assets | 21/28 | - | €3,733 | +€3,733 | |
| Tangible fixed assets | 22/27 | - | €3,733 | +€3,733 | |
| Furniture and vehicles | 24 | - | €3,733 | +€3,733 | |
| Current assets | 29/58 | €70,861 | €49,271 | -€21,590 | -30.5% |
| Stocks and contracts in progress | 3 | €19,738 | €24,418 | +€4,680 | +23.7% |
| Stocks | 30/36 | €19,738 | €24,418 | +€4,680 | +23.7% |
| Amounts receivable within one year | 40/41 | €34,266 | €6,513 | -€27,753 | -81.0% |
| Trade receivables | 40 | €32,553 | €5,661 | -€26,892 | -82.6% |
| Other amounts receivable | 41 | €1,713 | €852 | -€861 | -50.3% |
| Cash at bank and in hand | 54/58 | €16,857 | €18,340 | +€1,483 | +8.8% |
| Total equity and liabilities | 10/49 | €70,861 | €53,004 | -€17,857 | -25.2% |
| Equity | 10/15 | €5,574 | €6,295 | +€721 | +12.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €574 | €1,295 | +€721 | +126% |
| Distributable reserves | 133 | €574 | €1,295 | +€721 | +126% |
| Amounts payable | 17/49 | €65,287 | €46,709 | -€18,578 | -28.5% |
| Amounts payable within one year | 42/48 | €65,287 | €46,709 | -€18,578 | -28.5% |
| Trade debts | 44 | €19,057 | €1,225 | -€17,832 | -93.6% |
| Suppliers | 440/4 | €19,057 | €1,225 | -€17,832 | -93.6% |
| Taxes, remuneration and social security | 45 | €681 | €1,112 | +€431 | +63.3% |
| Taxes | 450/3 | €681 | €1,112 | +€431 | +63.3% |
| Other amounts payable | 47/48 | €45,549 | €44,372 | -€1,177 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €107 | +€107 | |
| Other operating charges | 640/8 | €1,821 | €1,307 | -€514 | -28.2% |
| Gross operating margin | 9900 | €4,568 | €2,797 | -€1,771 | -38.8% |
| Operating profit (loss) | 9901 | €2,747 | €1,383 | -€1,364 | -49.7% |
| Financial charges | 65/66B | €1,492 | €72 | -€1,420 | -95.2% |
| Recurring financial charges | 65 | €1,492 | €72 | -€1,420 | -95.2% |
| Profit (loss) for the period before taxes | 9903 | €1,255 | €1,311 | +€56 | +4.5% |
| Income taxes | 67/77 | €681 | €590 | -€91 | -13.4% |
| Profit (loss) for the period | 9904 | €574 | €721 | +€147 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €574 | €721 | +€147 | +25.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.