RENOUSE: 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.
RENOUSE
Largest movements
- Tangible fixed assets -€198,605
down €198,605 (-100%), from €198,605 to €0
of which Land and buildings: -€198,605
- Cash +€136,715
up €136,715 (+1,574%), from €8,685 to €145,400
mainly Investment in fixed assets (net) (+€198,605) and Net result for the year (+€28,009)
- Other debts -€61,470
down €61,470 (-56.0%), from €109,741 to €48,271
- Debts after one year -€30,000
down €30,000 (-17.6%), from €170,000 to €140,000
- Profit (loss) carried forward +€28,009
up €28,009 (+35.6%), from -€78,647 to -€50,638
- Gross operating margin +€27,754
up €27,754 (+385%), from €7,203 to €34,956
- Depreciation -€7,078
down €7,078 (-100%), from €7,078 to €0
- Financial charges -€657
down €657 (-10.1%), from €6,519 to €5,862
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 | €207,289 | €145,400 | -€61,890 | -29.9% |
| Fixed assets | 21/28 | €198,605 | €0 | -€198,605 | -100% |
| Tangible fixed assets | 22/27 | €198,605 | €0 | -€198,605 | -100% |
| Land and buildings | 22 | €198,605 | €0 | -€198,605 | -100% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €8,685 | €145,400 | +€136,715 | +1,574% |
| Cash at bank and in hand | 54/58 | €8,685 | €145,400 | +€136,715 | +1,574% |
| Total equity and liabilities | 10/49 | €207,289 | €145,400 | -€61,890 | -29.9% |
| Equity | 10/15 | -€72,647 | -€44,638 | +€28,009 | +38.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,647 | -€50,638 | +€28,009 | +35.6% |
| Amounts payable | 17/49 | €279,936 | €190,038 | -€89,899 | -32.1% |
| Amounts payable after more than one year | 17 | €170,000 | €140,000 | -€30,000 | -17.6% |
| Financial debts | 170/4 | €170,000 | €140,000 | -€30,000 | -17.6% |
| Amounts payable within one year | 42/48 | €109,936 | €50,038 | -€59,899 | -54.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €195 | €8 | -€187 | -95.9% |
| Suppliers | 440/4 | €195 | €8 | -€187 | -95.9% |
| Taxes, remuneration and social security | 45 | - | €1,759 | +€1,759 | |
| Taxes | 450/3 | - | €1,759 | +€1,759 | |
| Other amounts payable | 47/48 | €109,741 | €48,271 | -€61,470 | -56.0% |
| Non-recurring operating income | 76A | €0 | €42,395 | +€42,395 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,078 | €0 | -€7,078 | -100% |
| Other operating charges | 640/8 | €1,283 | €1,085 | -€198 | -15.4% |
| Gross operating margin | 9900 | €7,203 | €34,956 | +€27,754 | +385% |
| Operating profit (loss) | 9901 | -€1,158 | €33,871 | +€35,030 | |
| Financial charges | 65/66B | €6,519 | €5,862 | -€657 | -10.1% |
| Recurring financial charges | 65 | €6,519 | €5,862 | -€657 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,677 | €28,009 | +€35,686 | |
| Profit (loss) for the period | 9904 | -€7,677 | €28,009 | +€35,686 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,677 | €28,009 | +€35,686 |
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.