Renopand: 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.
Renopand
Largest movements
- Receivables within one year -€6,455
down €6,455 (-4.0%), from €161,900 to €155,446
- Deferred charges and accrued income +€2,052
up €2,052 (+49.5%), from €4,148 to €6,200
- Trade debts -€14,892
down €14,892 (-96.7%), from €15,408 to €516
- Reserves +€9,899
up €9,899 (+7.1%), from €139,184 to €149,083
of which Distributable reserves: +€9,899
- Tax, wage and social debts +€4,979
up €4,979 (+118%), from €4,232 to €9,211
- Other debts -€3,439
no longer reported in 2025 (was €3,439)
- Accrued charges and deferred income -€1,771
no longer reported in 2025 (was €1,771)
- Gross operating margin -€21,180
down €21,180 (-66.1%), from €32,038 to €10,858
- Other operating charges -€15,884
down €15,884 (-95.2%), from €16,683 to €800
- Financial charges -€1,783
down €1,783 (-92.7%), from €1,923 to €140
- Financial income +€920
up €920 (+22.8%), from €4,040 to €4,960
- Taxes +€747
up €747 (+17.6%), from €4,232 to €4,979
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 | €170,234 | €165,010 | -€5,224 | -3.1% |
| Current assets | 29/58 | €170,234 | €165,010 | -€5,224 | -3.1% |
| Amounts receivable within one year | 40/41 | €161,900 | €155,446 | -€6,455 | -4.0% |
| Other amounts receivable | 41 | €161,900 | €155,446 | -€6,455 | -4.0% |
| Cash at bank and in hand | 54/58 | €4,186 | €3,365 | -€821 | -19.6% |
| Deferred charges and accrued income | 490/1 | €4,148 | €6,200 | +€2,052 | +49.5% |
| Total equity and liabilities | 10/49 | €170,234 | €165,010 | -€5,224 | -3.1% |
| Equity | 10/15 | €145,384 | €155,283 | +€9,899 | +6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €139,184 | €149,083 | +€9,899 | +7.1% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €137,329 | €147,228 | +€9,899 | +7.2% |
| Amounts payable | 17/49 | €24,850 | €9,727 | -€15,123 | -60.9% |
| Amounts payable within one year | 42/48 | €23,080 | €9,727 | -€13,353 | -57.9% |
| Trade debts | 44 | €15,408 | €516 | -€14,892 | -96.7% |
| Suppliers | 440/4 | €15,408 | €516 | -€14,892 | -96.7% |
| Taxes, remuneration and social security | 45 | €4,232 | €9,211 | +€4,979 | +118% |
| Taxes | 450/3 | €4,232 | €9,211 | +€4,979 | +118% |
| Other amounts payable | 47/48 | €3,439 | - | -€3,439 | |
| Accrued charges and deferred income | 492/3 | €1,771 | - | -€1,771 | |
| Other operating charges | 640/8 | €16,683 | €800 | -€15,884 | -95.2% |
| Gross operating margin | 9900 | €32,038 | €10,858 | -€21,180 | -66.1% |
| Operating profit (loss) | 9901 | €15,354 | €10,058 | -€5,296 | -34.5% |
| Financial income | 75/76B | €4,040 | €4,960 | +€920 | +22.8% |
| Recurring financial income | 75 | €4,040 | €4,960 | +€920 | +22.8% |
| Financial charges | 65/66B | €1,923 | €140 | -€1,783 | -92.7% |
| Recurring financial charges | 65 | €1,923 | €140 | -€1,783 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | €17,471 | €14,878 | -€2,593 | -14.8% |
| Income taxes | 67/77 | €4,232 | €4,979 | +€747 | +17.6% |
| Profit (loss) for the period | 9904 | €13,239 | €9,899 | -€3,340 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,239 | €9,899 | -€3,340 | -25.2% |
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 16 October 2026 via checked.be.