RENOX: 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.
RENOX
Largest movements
- Deferred charges and accrued income +€78,153
up €78,153 (+767%), from €10,194 to €88,347
- Tangible fixed assets -€27,640
down €27,640 (-7.1%), from €388,041 to €360,402
of which Land and buildings: -€18,213
- Cash +€15,475
up €15,475 (+143%), from €10,821 to €26,297
mainly Depreciation (+€67,914) and Trade debts (+€66,298)
- Stocks and contracts +€14,772
up €14,772 (+438%), from €3,374 to €18,145
of which Contracts in progress: +€11,982
- Trade debts +€66,298
up €66,298 (+54.4%), from €121,801 to €188,099
- Debts after one year -€44,155
down €44,155 (-28.4%), from €155,229 to €111,074
- Reserves +€43,207
up €43,207 (+23.7%), from €182,500 to €225,706
of which Distributable reserves: +€43,207
- Short-term financial debts +€36,224
up €36,224 (+53.8%), from €67,321 to €103,544
- Advances received -€8,417
down €8,417 (-26.5%), from €31,717 to €23,300
- Staff costs +€68,824
up €68,824 (+29.1%), from €236,189 to €305,014
- Gross operating margin +€58,685
up €58,685 (+14.7%), from €398,503 to €457,188
- Financial income -€34,214
down €34,214 (-92.3%), from €37,067 to €2,853
- Taxes -€7,941
down €7,941 (-29.2%), from €27,217 to €19,275
- Depreciation +€6,113
up €6,113 (+9.9%), from €61,801 to €67,914
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 | €674,955 | €761,114 | +€86,159 | +12.8% |
| Fixed assets | 21/28 | €398,676 | €371,537 | -€27,140 | -6.8% |
| Tangible fixed assets | 22/27 | €388,041 | €360,402 | -€27,640 | -7.1% |
| Land and buildings | 22 | €272,373 | €254,161 | -€18,213 | -6.7% |
| Plant, machinery and equipment | 23 | €9,671 | €18,362 | +€8,691 | +89.9% |
| Furniture and vehicles | 24 | €49,443 | €39,196 | -€10,247 | -20.7% |
| Leasing and similar rights | 25 | €56,554 | €44,017 | -€12,537 | -22.2% |
| Other tangible fixed assets | 26 | - | €4,667 | +€4,667 | |
| Financial fixed assets | 28 | €10,635 | €11,135 | +€500 | +4.7% |
| Current assets | 29/58 | €276,279 | €389,577 | +€113,298 | +41.0% |
| Stocks and contracts in progress | 3 | €3,374 | €18,145 | +€14,772 | +438% |
| Stocks | 30/36 | €3,374 | €6,163 | +€2,789 | +82.7% |
| Contracts in progress | 37 | €0 | €11,982 | +€11,982 | |
| Amounts receivable within one year | 40/41 | €251,890 | €256,788 | +€4,899 | +1.9% |
| Trade receivables | 40 | €217,813 | €211,127 | -€6,686 | -3.1% |
| Other amounts receivable | 41 | €34,077 | €45,661 | +€11,585 | +34.0% |
| Cash at bank and in hand | 54/58 | €10,821 | €26,297 | +€15,475 | +143% |
| Deferred charges and accrued income | 490/1 | €10,194 | €88,347 | +€78,153 | +767% |
| Total equity and liabilities | 10/49 | €674,955 | €761,114 | +€86,159 | +12.8% |
| Equity | 10/15 | €194,900 | €238,106 | +€43,207 | +22.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €182,500 | €225,706 | +€43,207 | +23.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €182,500 | €225,706 | +€43,207 | +23.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €480,055 | €523,007 | +€42,952 | +8.9% |
| Amounts payable after more than one year | 17 | €155,229 | €111,074 | -€44,155 | -28.4% |
| Financial debts | 170/4 | €155,229 | €111,074 | -€44,155 | -28.4% |
| Amounts payable within one year | 42/48 | €324,826 | €411,561 | +€86,735 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €57,563 | €53,192 | -€4,371 | -7.6% |
| Financial debts | 43 | €67,321 | €103,544 | +€36,224 | +53.8% |
| Credit institutions | 430/8 | €67,321 | €103,544 | +€36,224 | +53.8% |
| Trade debts | 44 | €121,801 | €188,099 | +€66,298 | +54.4% |
| Suppliers | 440/4 | €121,801 | €188,099 | +€66,298 | +54.4% |
| Advances received on contracts in progress | 46 | €31,717 | €23,300 | -€8,417 | -26.5% |
| Taxes, remuneration and social security | 45 | €46,424 | €43,426 | -€2,998 | -6.5% |
| Taxes | 450/3 | €31,832 | €17,906 | -€13,926 | -43.7% |
| Remuneration and social security | 454/9 | €14,592 | €25,520 | +€10,928 | +74.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €372 | +€372 | |
| Remuneration, social security and pensions | 62 | €236,189 | €305,014 | +€68,824 | +29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,801 | €67,914 | +€6,113 | +9.9% |
| Other operating charges | 640/8 | €8,764 | €9,224 | +€460 | +5.2% |
| Non-recurring operating charges | 66A | €273 | €0 | -€273 | -100% |
| Gross operating margin | 9900 | €398,503 | €457,188 | +€58,685 | +14.7% |
| Operating profit (loss) | 9901 | €91,475 | €75,036 | -€16,439 | -18.0% |
| Financial income | 75/76B | €37,067 | €2,853 | -€34,214 | -92.3% |
| Recurring financial income | 75 | €37,067 | €2,853 | -€34,214 | -92.3% |
| Financial charges | 65/66B | €14,079 | €15,408 | +€1,329 | +9.4% |
| Recurring financial charges | 65 | €14,079 | €15,408 | +€1,329 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €114,464 | €62,482 | -€51,982 | -45.4% |
| Income taxes | 67/77 | €27,217 | €19,275 | -€7,941 | -29.2% |
| Profit (loss) for the period | 9904 | €87,247 | €43,207 | -€44,040 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,247 | €43,207 | -€44,040 | -50.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.