RENPAR: 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.
RENPAR
Largest movements
- Receivables within one year -€26,511
down €26,511 (-65.3%), from €40,569 to €14,058
of which Other amounts receivable: -€16,131
- Tangible fixed assets -€21,715
down €21,715 (-25.2%), from €86,285 to €64,570
of which Land and buildings: -€11,919
- Cash +€13,400
up €13,400 (+70.2%), from €19,082 to €32,481
mainly Receivables within one year (+€26,511) and Depreciation (+€21,715)
- Debts after one year +€20,000
up €20,000 (+50.0%), from €40,000 to €60,000
- Profit (loss) carried forward -€19,695
down €19,695, from €3,897 to -€15,799
- Other debts -€17,121
down €17,121 (-60.3%), from €28,402 to €11,281
- Tax, wage and social debts -€12,615
down €12,615 (-91.4%), from €13,800 to €1,185
of which Remuneration and social security: -€13,200
- Reserves -€10,526
down €10,526 (-25.4%), from €41,386 to €30,860
of which Distributable reserves: -€10,526
- Gross operating margin -€31,316
down €31,316 (-79.6%), from €39,349 to €8,033
- Turnover -€22,834
down €22,834 (-15.3%), from €149,359 to €126,525
- Purchases and services +€8,482
up €8,482 (+7.7%), from €110,011 to €118,493
- Depreciation +€3,966
up €3,966 (+22.3%), from €17,749 to €21,715
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 | €148,551 | €113,437 | -€35,114 | -23.6% |
| Fixed assets | 21/28 | €86,285 | €64,570 | -€21,715 | -25.2% |
| Tangible fixed assets | 22/27 | €86,285 | €64,570 | -€21,715 | -25.2% |
| Land and buildings | 22 | €52,133 | €40,214 | -€11,919 | -22.9% |
| Furniture and vehicles | 24 | €34,152 | €24,356 | -€9,796 | -28.7% |
| Current assets | 29/58 | €62,267 | €48,867 | -€13,400 | -21.5% |
| Amounts receivable within one year | 40/41 | €40,569 | €14,058 | -€26,511 | -65.3% |
| Trade receivables | 40 | €24,414 | €14,034 | -€10,380 | -42.5% |
| Other amounts receivable | 41 | €16,155 | €23 | -€16,131 | -99.9% |
| Cash at bank and in hand | 54/58 | €19,082 | €32,481 | +€13,400 | +70.2% |
| Deferred charges and accrued income | 490/1 | €2,616 | €2,328 | -€288 | -11.0% |
| Total equity and liabilities | 10/49 | €148,551 | €113,437 | -€35,114 | -23.6% |
| Equity | 10/15 | €63,883 | €33,661 | -€30,222 | -47.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,386 | €30,860 | -€10,526 | -25.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,526 | €29,000 | -€10,526 | -26.6% |
| Profit (loss) carried forward | 14 | €3,897 | -€15,799 | -€19,695 | |
| Amounts payable | 17/49 | €84,668 | €79,776 | -€4,892 | -5.8% |
| Amounts payable after more than one year | 17 | €40,000 | €60,000 | +€20,000 | +50.0% |
| Financial debts | 170/4 | €40,000 | €60,000 | +€20,000 | +50.0% |
| Amounts payable within one year | 42/48 | €42,368 | €16,326 | -€26,042 | -61.5% |
| Trade debts | 44 | €166 | €3,859 | +€3,693 | +2,223% |
| Suppliers | 440/4 | €166 | €3,859 | +€3,693 | +2,223% |
| Taxes, remuneration and social security | 45 | €13,800 | €1,185 | -€12,615 | -91.4% |
| Taxes | 450/3 | €600 | €1,185 | +€585 | +97.5% |
| Remuneration and social security | 454/9 | €13,200 | - | -€13,200 | |
| Other amounts payable | 47/48 | €28,402 | €11,281 | -€17,121 | -60.3% |
| Accrued charges and deferred income | 492/3 | €2,300 | €3,450 | +€1,150 | +50.0% |
| Turnover | 70 | €149,359 | €126,525 | -€22,834 | -15.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €110,011 | €118,493 | +€8,482 | +7.7% |
| Remuneration, social security and pensions | 62 | €824 | €244 | -€580 | -70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,749 | €21,715 | +€3,966 | +22.3% |
| Other operating charges | 640/8 | €1,654 | €1,915 | +€261 | +15.8% |
| Non-recurring operating charges | 66A | €126 | €197 | +€70 | +55.7% |
| Gross operating margin | 9900 | €39,349 | €8,033 | -€31,316 | -79.6% |
| Operating profit (loss) | 9901 | €18,996 | -€16,038 | -€35,033 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -54.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -54.5% |
| Financial charges | 65/66B | €2,489 | €3,658 | +€1,169 | +47.0% |
| Recurring financial charges | 65 | €2,489 | €3,658 | +€1,169 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | €16,507 | -€19,695 | -€36,202 | |
| Profit (loss) for the period | 9904 | €16,507 | -€19,695 | -€36,202 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,507 | -€19,695 | -€36,202 |
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 19 October 2026 via checked.be.