RENSON Paul: 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.
RENSON Paul
Largest movements
- Current assets +€1.5m
up €1.5m (+17.7%), from €8.7m to €10.3m
of which Cash: +€1.5m
- Tangible fixed assets +€511,638
up €511,638 (+6.5%), from €7.9m to €8.4m
- Reserves +€1.3m
up €1.3m (+10.9%), from €12.0m to €13.3m
- Debts +€757,852
up €757,852 (+17.6%), from €4.3m to €5.1m
of which Debts within one year: +€782,223
- Gross operating margin +€417,808
up €417,808 (+14.2%), from €2.9m to €3.4m
- Taxes +€363,623
up €363,623 (+82.1%), from €443,029 to €806,652
- Depreciation +€167,964
up €167,964 (+26.2%), from €641,972 to €809,935
From the 2015 result to the 2016 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,614,017 | €18,671,453 | +€2.1m | +12.4% |
| Fixed assets | 21/28 | €7,874,111 | €8,385,749 | +€511,638 | +6.5% |
| Tangible fixed assets | 22/27 | €7,871,351 | €8,382,989 | +€511,638 | +6.5% |
| Financial fixed assets | 28 | €2,759 | €2,759 | = | 0.0% |
| Current assets | 29/58 | €8,739,907 | €10,285,704 | +€1.5m | +17.7% |
| Amounts receivable within one year | 40/41 | €313,895 | €183,587 | -€130,308 | -41.5% |
| Current investments | 50/53 | €2,596,683 | €2,727,140 | +€130,457 | +5.0% |
| Cash at bank and in hand | 54/58 | €5,824,826 | €7,364,252 | +€1.5m | +26.4% |
| Total equity and liabilities | 10/49 | €16,614,017 | €18,671,453 | +€2.1m | +12.4% |
| Equity | 10/15 | €12,045,825 | €13,352,047 | +€1.3m | +10.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €11,983,825 | €13,290,047 | +€1.3m | +10.9% |
| Provisions and deferred taxes | 16 | €261,429 | €254,791 | -€6,638 | -2.5% |
| Amounts payable | 17/49 | €4,306,763 | €5,064,615 | +€757,852 | +17.6% |
| Amounts payable after more than one year | 17 | €1,694,000 | €1,694,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,585,353 | €3,367,576 | +€782,223 | +30.3% |
| Trade debts | 44 | €22,591 | €71,682 | +€49,091 | +217.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €641,972 | €809,935 | +€167,964 | +26.2% |
| Gross operating margin | 9900 | €2,946,253 | €3,364,062 | +€417,808 | +14.2% |
| Operating profit (loss) | 9901 | €2,286,527 | €2,533,671 | +€247,144 | +10.8% |
| Recurring financial income | 75 | €89,940 | €106,907 | +€16,966 | +18.9% |
| Recurring financial charges | 65 | €524,372 | €534,342 | +€9,970 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €1,852,095 | €2,106,236 | +€254,140 | +13.7% |
| Income taxes | 67/77 | €443,029 | €806,652 | +€363,623 | +82.1% |
| Profit (loss) for the period | 9904 | €1,415,705 | €1,306,222 | -€109,483 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €828,597 | €699,114 | -€129,483 | -15.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2015 and 31 March 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.