RENOTECH: 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.
RENOTECH
Largest movements
- Tangible fixed assets +€72,827
up €72,827 (+107.1%), from €67,971 to €140,798
of which Furniture and vehicles: +€52,616
- Cash +€41,958
up €41,958 (+208.9%), from €20,086 to €62,044
mainly Debts after one year (+€54,429) and Net result for the year (+€36,364)
- Receivables within one year -€21,240
down €21,240 (-38.8%), from €54,810 to €33,569
of which Trade receivables: -€27,373
- Deferred charges and accrued income +€4,391
up €4,391 (+66.9%), from €6,561 to €10,952
- Stocks and contracts -€2,950
down €2,950 (-49.2%), from €6,000 to €3,050
- Debts after one year +€54,429
up €54,429 (+824.9%), from €6,598 to €61,027
- Reserves +€36,364
up €36,364 (+103.9%), from €35,000 to €71,364
of which Distributable reserves: +€37,630
- Trade debts +€6,805
up €6,805 (+35.6%), from €19,127 to €25,932
- Current portion of long-term debt +€5,977
up €5,977 (+49.4%), from €12,097 to €18,074
- Other debts -€5,575
down €5,575 (-8.1%), from €68,810 to €63,235
- Write-downs -€21,476
down €21,476 (-100.0%), from €21,476 to €0
- Taxes +€10,106
up €10,106 (+224.3%), from €4,505 to €14,611
- Staff costs -€9,112
down €9,112 (-10.3%), from €88,856 to €79,744
- Gross operating margin -€8,902
down €8,902 (-5.0%), from €179,842 to €170,940
- Financial charges -€5,724
down €5,724 (-64.2%), from €8,914 to €3,190
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 | €155,698 | €250,548 | +€94,850 | +60.9% |
| Fixed assets | 21/28 | €68,241 | €140,933 | +€72,692 | +106.5% |
| Tangible fixed assets | 22/27 | €67,971 | €140,798 | +€72,827 | +107.1% |
| Plant, machinery and equipment | 23 | €13,874 | €8,414 | -€5,460 | -39.4% |
| Furniture and vehicles | 24 | €15,533 | €68,149 | +€52,616 | +338.7% |
| Leasing and similar rights | 25 | €23,296 | €52,549 | +€29,252 | +125.6% |
| Other tangible fixed assets | 26 | €15,267 | €11,686 | -€3,581 | -23.5% |
| Financial fixed assets | 28 | €270 | €135 | -€135 | -50.0% |
| Current assets | 29/58 | €87,457 | €109,615 | +€22,158 | +25.3% |
| Stocks and contracts in progress | 3 | €6,000 | €3,050 | -€2,950 | -49.2% |
| Stocks | 30/36 | €6,000 | €3,050 | -€2,950 | -49.2% |
| Amounts receivable within one year | 40/41 | €54,810 | €33,569 | -€21,240 | -38.8% |
| Trade receivables | 40 | €54,374 | €27,000 | -€27,373 | -50.3% |
| Other amounts receivable | 41 | €436 | €6,569 | +€6,133 | +1406.4% |
| Cash at bank and in hand | 54/58 | €20,086 | €62,044 | +€41,958 | +208.9% |
| Deferred charges and accrued income | 490/1 | €6,561 | €10,952 | +€4,391 | +66.9% |
| Total equity and liabilities | 10/49 | €155,698 | €250,548 | +€94,850 | +60.9% |
| Equity | 10/15 | €41,200 | €77,564 | +€36,364 | +88.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,000 | €71,364 | +€36,364 | +103.9% |
| Non-distributable reserves | 130/1 | €1,266 | €0 | -€1,266 | -100.0% |
| Reserves not available under the articles | 1311 | €1,266 | €0 | -€1,266 | -100.0% |
| Tax-exempt reserves | 132 | €16,121 | €16,121 | = | 0.0% |
| Distributable reserves | 133 | €17,613 | €55,243 | +€37,630 | +213.6% |
| Amounts payable | 17/49 | €114,498 | €172,984 | +€58,486 | +51.1% |
| Amounts payable after more than one year | 17 | €6,598 | €61,027 | +€54,429 | +824.9% |
| Financial debts | 170/4 | €6,598 | €61,027 | +€54,429 | +824.9% |
| Amounts payable within one year | 42/48 | €107,900 | €111,957 | +€4,057 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €12,097 | €18,074 | +€5,977 | +49.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €19,127 | €25,932 | +€6,805 | +35.6% |
| Suppliers | 440/4 | €19,127 | €25,932 | +€6,805 | +35.6% |
| Taxes, remuneration and social security | 45 | €7,866 | €4,715 | -€3,150 | -40.0% |
| Taxes | 450/3 | €7,319 | €4,715 | -€2,603 | -35.6% |
| Remuneration and social security | 454/9 | €547 | €0 | -€547 | -100.0% |
| Other amounts payable | 47/48 | €68,810 | €63,235 | -€5,575 | -8.1% |
| Non-recurring operating income | 76A | - | €31,804 | +€31,804 | |
| Remuneration, social security and pensions | 62 | €88,856 | €79,744 | -€9,112 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,396 | €32,907 | -€4,489 | -12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,476 | €0 | -€21,476 | -100.0% |
| Other operating charges | 640/8 | €8,763 | €4,288 | -€4,475 | -51.1% |
| Gross operating margin | 9900 | €179,842 | €170,940 | -€8,902 | -5.0% |
| Operating profit (loss) | 9901 | €23,351 | €54,001 | +€30,650 | +131.3% |
| Financial income | 75/76B | €75 | €164 | +€89 | +118.7% |
| Recurring financial income | 75 | €75 | €164 | +€89 | +118.7% |
| Financial charges | 65/66B | €8,914 | €3,190 | -€5,724 | -64.2% |
| Recurring financial charges | 65 | €8,914 | €3,190 | -€5,724 | -64.2% |
| Profit (loss) for the period before taxes | 9903 | €14,512 | €50,974 | +€36,463 | +251.3% |
| Income taxes | 67/77 | €4,505 | €14,611 | +€10,106 | +224.3% |
| Profit (loss) for the period | 9904 | €10,007 | €36,364 | +€26,357 | +263.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,007 | €36,364 | +€26,357 | +263.4% |
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 12 October 2026 via checked.be.