RENPOL: 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.
RENPOL
Largest movements
- Tangible fixed assets -€23,910
down €23,910 (-6.7%), from €357,556 to €333,646
of which Land and buildings: -€23,386
- Debts after one year -€25,696
down €25,696 (-9.9%), from €260,614 to €234,918
- Trade debts -€7,093
down €7,093 (-28.9%), from €24,516 to €17,423
- Other debts +€4,711
up €4,711 (+3.9%), from €119,602 to €124,313
- Gross operating margin -€25,423
down €25,423 (-42.0%), from €60,485 to €35,062
- Financial charges -€2,099
down €2,099 (-19.8%), from €10,585 to €8,486
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €443,921 | €416,370 | -€27,550 | -6.2% |
| Fixed assets | 21/28 | €359,343 | €335,434 | -€23,910 | -6.7% |
| Tangible fixed assets | 22/27 | €357,556 | €333,646 | -€23,910 | -6.7% |
| Land and buildings | 22 | €356,957 | €333,571 | -€23,386 | -6.6% |
| Plant, machinery and equipment | 23 | €598 | €75 | -€524 | -87.5% |
| Financial fixed assets | 28 | €1,788 | €1,788 | = | 0.0% |
| Current assets | 29/58 | €84,577 | €80,937 | -€3,640 | -4.3% |
| Stocks and contracts in progress | 3 | €24,311 | €24,311 | = | 0.0% |
| Stocks | 30/36 | €24,311 | €24,311 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €57,520 | €55,118 | -€2,403 | -4.2% |
| Other amounts receivable | 41 | €57,520 | €55,118 | -€2,403 | -4.2% |
| Cash at bank and in hand | 54/58 | €1,374 | €1,508 | +€134 | +9.8% |
| Deferred charges and accrued income | 490/1 | €1,372 | - | -€1,372 | |
| Total equity and liabilities | 10/49 | €443,921 | €416,370 | -€27,550 | -6.2% |
| Equity | 10/15 | -€35,831 | -€35,067 | +€764 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,625 | €45,625 | = | 0.0% |
| 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 | €43,765 | €43,765 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,056 | -€99,292 | +€764 | +0.8% |
| Amounts payable | 17/49 | €479,752 | €451,437 | -€28,315 | -5.9% |
| Amounts payable after more than one year | 17 | €260,614 | €234,918 | -€25,696 | -9.9% |
| Financial debts | 170/4 | €260,614 | €234,918 | -€25,696 | -9.9% |
| Amounts payable within one year | 42/48 | €219,138 | €216,519 | -€2,619 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €24,957 | €25,696 | +€739 | +3.0% |
| Financial debts | 43 | €47,700 | €47,700 | = | 0.0% |
| Other loans | 439 | €47,700 | €47,700 | = | 0.0% |
| Trade debts | 44 | €24,516 | €17,423 | -€7,093 | -28.9% |
| Suppliers | 440/4 | €24,516 | €17,423 | -€7,093 | -28.9% |
| Taxes, remuneration and social security | 45 | €2,363 | €1,388 | -€975 | -41.3% |
| Taxes | 450/3 | €2,363 | €1,388 | -€975 | -41.3% |
| Other amounts payable | 47/48 | €119,602 | €124,313 | +€4,711 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,910 | €23,910 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,270 | €1,915 | -€355 | -15.6% |
| Gross operating margin | 9900 | €60,485 | €35,062 | -€25,423 | -42.0% |
| Operating profit (loss) | 9901 | €34,305 | €9,237 | -€25,068 | -73.1% |
| Financial income | 75/76B | €13 | €14 | +€1 | +7.2% |
| Recurring financial income | 75 | €13 | €14 | +€1 | +7.2% |
| Financial charges | 65/66B | €10,585 | €8,486 | -€2,099 | -19.8% |
| Recurring financial charges | 65 | €10,585 | €8,486 | -€2,099 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €23,732 | €764 | -€22,968 | -96.8% |
| Profit (loss) for the period | 9904 | €23,732 | €764 | -€22,968 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,732 | €764 | -€22,968 | -96.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.