RENREW Management: what changed
Two fiscal 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.
RENREW Management
Largest movements
- Cash +€190,046
up €190,046 (+78.7%), from €241,367 to €431,413
mainly Net result for the year (+€176,498) and Trade debts (+€9,575)
- Reserves +€176,498
up €176,498 (+112.7%), from €156,650 to €333,148
- Trade debts +€9,575
up €9,575 (+11.5%), from €83,236 to €92,811
of which Bills of exchange payable: +€9,433
- Gross operating margin +€27,771
up €27,771 (+12.1%), from €229,846 to €257,616
- Taxes +€8,881
up €8,881 (+13.1%), from €67,936 to €76,817
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.
Cash bridge derived
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 | €254,886 | €440,960 | +€186,074 | +73.0% |
| Fixed assets | 21/28 | €12,779 | €9,546 | -€3,233 | -25.3% |
| Tangible fixed assets | 22/27 | €12,779 | €9,546 | -€3,233 | -25.3% |
| Furniture and vehicles | 24 | €12,779 | €9,546 | -€3,233 | -25.3% |
| Current assets | 29/58 | €242,107 | €431,413 | +€189,306 | +78.2% |
| Cash at bank and in hand | 54/58 | €241,367 | €431,413 | +€190,046 | +78.7% |
| Deferred charges and accrued income | 490/1 | €740 | - | -€740 | |
| Total equity and liabilities | 10/49 | €254,886 | €440,960 | +€186,074 | +73.0% |
| Equity | 10/15 | €171,650 | €348,148 | +€176,498 | +102.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €156,650 | €333,148 | +€176,498 | +112.7% |
| Distributable reserves | 133 | €156,650 | €333,148 | +€176,498 | +112.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | 0.0% |
| Amounts payable | 17/49 | €83,236 | €92,811 | +€9,575 | +11.5% |
| Amounts payable within one year | 42/48 | €83,236 | €92,811 | +€9,575 | +11.5% |
| Trade debts | 44 | €83,236 | €92,811 | +€9,575 | +11.5% |
| Suppliers | 440/4 | €244 | €386 | +€142 | +58.2% |
| Bills of exchange payable | 441 | €82,992 | €92,426 | +€9,433 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,385 | €3,233 | -€152 | -4.5% |
| Other operating charges | 640/8 | €1,863 | €899 | -€965 | -51.8% |
| Gross operating margin | 9900 | €229,846 | €257,616 | +€27,771 | +12.1% |
| Operating profit (loss) | 9901 | €224,598 | €253,485 | +€28,887 | +12.9% |
| Financial charges | 65/66B | €12 | €170 | +€158 | +1352.4% |
| Recurring financial charges | 65 | €12 | €170 | +€158 | +1352.4% |
| Profit (loss) for the period before taxes | 9903 | €224,586 | €253,315 | +€28,730 | +12.8% |
| Income taxes | 67/77 | €67,936 | €76,817 | +€8,881 | +13.1% |
| Profit (loss) for the period | 9904 | €156,650 | €176,498 | +€19,849 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €156,650 | €176,498 | +€19,849 | +12.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.