RENOTOM: 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.
RENOTOM
Largest movements
- Stocks and contracts -€10,119
down €10,119 (-100%), from €10,119 to €0
- Receivables within one year -€7,224
down €7,224 (-81.4%), from €8,877 to €1,653
of which Other amounts receivable: -€6,805
- Tangible fixed assets -€4,041
down €4,041 (-50.0%), from €8,082 to €4,041
- Deferred charges and accrued income -€2,780
down €2,780 (-93.0%), from €2,991 to €210
- Cash -€2,694
down €2,694 (-4.6%), from €58,227 to €55,533
mainly Trade debts (-€16,168) and Other debts (-€12,036)
- Trade debts -€16,168
down €16,168 (-87.8%), from €18,417 to €2,249
- Other debts -€12,036
down €12,036 (-44.3%), from €27,173 to €15,138
- Reserves +€1,291
up €1,291 (+4.1%), from €31,515 to €32,806
- Depreciation +€3,875
up €3,875 (+2,339%), from €166 to €4,041
- Taxes -€1,032
down €1,032 (-25.2%), from €4,086 to €3,054
- Gross operating margin +€402
up €402 (+3.5%), from €11,566 to €11,968
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 | €88,305 | €61,447 | -€26,858 | -30.4% |
| Fixed assets | 21/28 | €8,092 | €4,051 | -€4,041 | -49.9% |
| Tangible fixed assets | 22/27 | €8,082 | €4,041 | -€4,041 | -50.0% |
| Furniture and vehicles | 24 | €8,082 | €4,041 | -€4,041 | -50.0% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €80,214 | €57,396 | -€22,817 | -28.4% |
| Stocks and contracts in progress | 3 | €10,119 | €0 | -€10,119 | -100% |
| Stocks | 30/36 | €10,119 | €0 | -€10,119 | -100% |
| Amounts receivable within one year | 40/41 | €8,877 | €1,653 | -€7,224 | -81.4% |
| Trade receivables | 40 | €419 | €0 | -€419 | -100% |
| Other amounts receivable | 41 | €8,458 | €1,653 | -€6,805 | -80.5% |
| Cash at bank and in hand | 54/58 | €58,227 | €55,533 | -€2,694 | -4.6% |
| Deferred charges and accrued income | 490/1 | €2,991 | €210 | -€2,780 | -93.0% |
| Total equity and liabilities | 10/49 | €88,305 | €61,447 | -€26,858 | -30.4% |
| Equity | 10/15 | €42,715 | €44,006 | +€1,291 | +3.0% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €31,515 | €32,806 | +€1,291 | +4.1% |
| Distributable reserves | 133 | €31,515 | €32,806 | +€1,291 | +4.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,591 | €17,441 | -€28,150 | -61.7% |
| Amounts payable within one year | 42/48 | €45,591 | €17,441 | -€28,150 | -61.7% |
| Trade debts | 44 | €18,417 | €2,249 | -€16,168 | -87.8% |
| Suppliers | 440/4 | €18,417 | €2,249 | -€16,168 | -87.8% |
| Taxes, remuneration and social security | 45 | €0 | €54 | +€54 | |
| Taxes | 450/3 | €0 | €54 | +€54 | |
| Other amounts payable | 47/48 | €27,173 | €15,138 | -€12,036 | -44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166 | €4,041 | +€3,875 | +2,339% |
| Other operating charges | 640/8 | €1,267 | €1,379 | +€113 | +8.9% |
| Gross operating margin | 9900 | €11,566 | €11,968 | +€402 | +3.5% |
| Operating profit (loss) | 9901 | €10,133 | €6,548 | -€3,586 | -35.4% |
| Financial income | 75/76B | €42 | €61 | +€20 | +47.0% |
| Recurring financial income | 75 | €42 | €61 | +€20 | +47.0% |
| Financial charges | 65/66B | €273 | €264 | -€9 | -3.5% |
| Recurring financial charges | 65 | €273 | €264 | -€9 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €9,902 | €6,346 | -€3,557 | -35.9% |
| Income taxes | 67/77 | €4,086 | €3,054 | -€1,032 | -25.2% |
| Profit (loss) for the period | 9904 | €5,816 | €3,291 | -€2,525 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,816 | €3,291 | -€2,525 | -43.4% |
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 21 October 2026 via checked.be.