RENOSTONE: 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.
RENOSTONE
Largest movements
- Tangible fixed assets +€32,204
up €32,204 (+527%), from €6,116 to €38,320
of which Furniture and vehicles: +€26,888
- Cash -€26,143
down €26,143 (-13.7%), from €190,967 to €164,825
- Receivables within one year +€4,889
up €4,889 (+13.9%), from €35,183 to €40,073
of which Other amounts receivable: +€9,787
- Reserves +€18,543
up €18,543 (+9.0%), from €205,078 to €223,621
of which Distributable reserves: +€19,039
- Profit (loss) carried forward -€5,366
new in 2025: -€5,366
- Gross operating margin -€18,374
down €18,374 (-99.7%), from €18,427 to €54
- Taxes -€2,869
down €2,869 (-58.9%), from €4,868 to €1,999
- Depreciation +€1,541
up €1,541 (+76.5%), from €2,014 to €3,555
- Financial income -€1,321
down €1,321 (-47.7%), from €2,772 to €1,451
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €233,692 | €244,643 | +€10,950 | +4.7% |
| Fixed assets | 21/28 | €6,119 | €38,322 | +€32,204 | +526% |
| Tangible fixed assets | 22/27 | €6,116 | €38,320 | +€32,204 | +527% |
| Land and buildings | 22 | €3,995 | €1,195 | -€2,800 | -70.1% |
| Furniture and vehicles | 24 | €2,121 | €29,009 | +€26,888 | +1,268% |
| Other tangible fixed assets | 26 | - | €8,116 | +€8,116 | |
| Financial fixed assets | 28 | €2 | €2 | = | 0.0% |
| Current assets | 29/58 | €227,574 | €206,320 | -€21,253 | -9.3% |
| Stocks and contracts in progress | 3 | €510 | €510 | = | 0.0% |
| Stocks | 30/36 | €510 | €510 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,183 | €40,073 | +€4,889 | +13.9% |
| Trade receivables | 40 | €16,157 | €11,260 | -€4,897 | -30.3% |
| Other amounts receivable | 41 | €19,026 | €28,813 | +€9,787 | +51.4% |
| Cash at bank and in hand | 54/58 | €190,967 | €164,825 | -€26,143 | -13.7% |
| Deferred charges and accrued income | 490/1 | €913 | €913 | = | 0.0% |
| Total equity and liabilities | 10/49 | €233,692 | €244,643 | +€10,950 | +4.7% |
| Equity | 10/15 | €224,078 | €237,255 | +€13,177 | +5.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €205,078 | €223,621 | +€18,543 | +9.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €496 | - | -€496 | |
| Distributable reserves | 133 | €202,682 | €221,721 | +€19,039 | +9.4% |
| Profit (loss) carried forward | 14 | - | -€5,366 | -€5,366 | |
| Provisions and deferred taxes | 16 | €2,414 | €2,414 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,249 | €2,249 | = | 0.0% |
| Major repairs and maintenance | 162 | €2,249 | €2,249 | = | 0.0% |
| Deferred taxes | 168 | €165 | €165 | = | 0.0% |
| Amounts payable | 17/49 | €7,200 | €4,974 | -€2,226 | -30.9% |
| Amounts payable within one year | 42/48 | €6,095 | €4,974 | -€1,121 | -18.4% |
| Trade debts | 44 | €3,082 | €3,768 | +€686 | +22.3% |
| Suppliers | 440/4 | €3,082 | €3,768 | +€686 | +22.3% |
| Taxes, remuneration and social security | 45 | €3,013 | €1,206 | -€1,807 | -60.0% |
| Taxes | 450/3 | €3,011 | €1,206 | -€1,805 | -59.9% |
| Remuneration and social security | 454/9 | €3 | - | -€3 | |
| Accrued charges and deferred income | 492/3 | €1,105 | - | -€1,105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,014 | €3,555 | +€1,541 | +76.5% |
| Other operating charges | 640/8 | €1,160 | €1,209 | +€49 | +4.2% |
| Gross operating margin | 9900 | €18,427 | €54 | -€18,374 | -99.7% |
| Operating profit (loss) | 9901 | €15,253 | -€4,710 | -€19,963 | |
| Financial income | 75/76B | €2,772 | €1,451 | -€1,321 | -47.7% |
| Recurring financial income | 75 | €2,772 | €1,451 | -€1,321 | -47.7% |
| Financial charges | 65/66B | €54 | €108 | +€54 | +101% |
| Recurring financial charges | 65 | €54 | €108 | +€54 | +101% |
| Profit (loss) for the period before taxes | 9903 | €17,972 | -€3,367 | -€21,339 | |
| Income taxes | 67/77 | €4,868 | €1,999 | -€2,869 | -58.9% |
| Profit (loss) for the period | 9904 | €13,104 | -€5,366 | -€18,470 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,104 | -€5,366 | -€18,470 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.