RENOROC: 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.
RENOROC
Largest movements
- Cash -€10,302
down €10,302 (-98.2%), from €10,496 to €194
mainly Tax, wage and social debts (-€10,431) and Trade debts (-€7,885)
- Tax, wage and social debts -€10,431
down €10,431 (-42.2%), from €24,696 to €14,265
of which Taxes: -€9,375
- Trade debts -€7,885
down €7,885 (-91.4%), from €8,624 to €739
- Short-term financial debts +€7,847
new in 2025: €7,847
- Accrued charges and deferred income -€821
down €821 (-41.6%), from €1,972 to €1,151
- Gross operating margin -€34,960
down €34,960 (-59.2%), from €59,064 to €24,104
- Staff costs -€34,425
down €34,425 (-60.8%), from €56,663 to €22,238
- Depreciation -€705
down €705 (-75.5%), from €934 to €229
- Financial charges +€612
up €612 (+303%), from €202 to €814
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 | €73,377 | €62,316 | -€11,061 | -15.1% |
| Fixed assets | 21/28 | €1,910 | €1,681 | -€229 | -12.0% |
| Tangible fixed assets | 22/27 | €1,407 | €1,178 | -€229 | -16.3% |
| Plant, machinery and equipment | 23 | €1,407 | €1,178 | -€229 | -16.3% |
| Financial fixed assets | 28 | €503 | €503 | = | 0.0% |
| Current assets | 29/58 | €71,467 | €60,635 | -€10,832 | -15.2% |
| Amounts receivable within one year | 40/41 | €60,871 | €60,441 | -€430 | -0.7% |
| Trade receivables | 40 | €12,365 | €14,283 | +€1,918 | +15.5% |
| Other amounts receivable | 41 | €48,506 | €46,158 | -€2,348 | -4.8% |
| Cash at bank and in hand | 54/58 | €10,496 | €194 | -€10,302 | -98.2% |
| Deferred charges and accrued income | 490/1 | €100 | - | -€100 | |
| Total equity and liabilities | 10/49 | €73,377 | €62,316 | -€11,061 | -15.1% |
| Equity | 10/15 | €38,085 | €38,314 | +€229 | +0.6% |
| Contributions | 10/11 | €9,333 | €9,333 | = | 0.0% |
| Reserves | 13 | €196 | €196 | = | 0.0% |
| Non-distributable reserves | 130/1 | €196 | €196 | = | 0.0% |
| Reserves not available under the articles | 1311 | €196 | €196 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,556 | €28,785 | +€229 | +0.8% |
| Amounts payable | 17/49 | €35,292 | €24,002 | -€11,290 | -32.0% |
| Amounts payable within one year | 42/48 | €33,320 | €22,851 | -€10,469 | -31.4% |
| Financial debts | 43 | - | €7,847 | +€7,847 | |
| Credit institutions | 430/8 | - | €7,847 | +€7,847 | |
| Trade debts | 44 | €8,624 | €739 | -€7,885 | -91.4% |
| Suppliers | 440/4 | €8,624 | €739 | -€7,885 | -91.4% |
| Taxes, remuneration and social security | 45 | €24,696 | €14,265 | -€10,431 | -42.2% |
| Taxes | 450/3 | €16,017 | €6,642 | -€9,375 | -58.5% |
| Remuneration and social security | 454/9 | €8,679 | €7,623 | -€1,056 | -12.2% |
| Accrued charges and deferred income | 492/3 | €1,972 | €1,151 | -€821 | -41.6% |
| Remuneration, social security and pensions | 62 | €56,663 | €22,238 | -€34,425 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €934 | €229 | -€705 | -75.5% |
| Other operating charges | 640/8 | €323 | €363 | +€40 | +12.4% |
| Gross operating margin | 9900 | €59,064 | €24,104 | -€34,960 | -59.2% |
| Operating profit (loss) | 9901 | €1,144 | €1,274 | +€130 | +11.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €202 | €814 | +€612 | +303% |
| Recurring financial charges | 65 | €202 | €814 | +€612 | +303% |
| Profit (loss) for the period before taxes | 9903 | €943 | €460 | -€483 | -51.2% |
| Income taxes | 67/77 | €487 | €231 | -€256 | -52.6% |
| Profit (loss) for the period | 9904 | €456 | €229 | -€227 | -49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €456 | €229 | -€227 | -49.8% |
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 14 October 2026 via checked.be.