RENSON PROJECTS: 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 PROJECTS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€5,937
up €5,937 (+2.7%), from €216,947 to €222,884
- Profit (loss) carried forward -€4,013
new in 2026: -€4,013
- Tax, wage and social debts -€3,318
no longer reported in 2026 (was €3,318)
- Gross operating margin -€26,118
down €26,118, from €22,612 to -€3,506
- Taxes -€3,318
no longer reported in 2026 (was €3,318)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €254,347 | €253,039 | -€1,308 | -0.5% |
| Current assets | 29/58 | €254,347 | €253,039 | -€1,308 | -0.5% |
| Stocks and contracts in progress | 3 | €252,342 | €252,342 | = | 0.0% |
| Stocks | 30/36 | €252,342 | €252,342 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €63 | - | -€63 | |
| Other amounts receivable | 41 | €63 | - | -€63 | |
| Cash at bank and in hand | 54/58 | €1,943 | €698 | -€1,245 | -64.1% |
| Total equity and liabilities | 10/49 | €254,347 | €253,039 | -€1,308 | -0.5% |
| Equity | 10/15 | €33,274 | €29,261 | -€4,013 | -12.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €13,274 | €13,274 | = | 0.0% |
| Distributable reserves | 133 | €13,274 | €13,274 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,013 | -€4,013 | |
| Amounts payable | 17/49 | €221,073 | €223,778 | +€2,705 | +1.2% |
| Amounts payable within one year | 42/48 | €221,073 | €223,778 | +€2,705 | +1.2% |
| Trade debts | 44 | €808 | €894 | +€86 | +10.7% |
| Suppliers | 440/4 | €808 | €894 | +€86 | +10.7% |
| Taxes, remuneration and social security | 45 | €3,318 | - | -€3,318 | |
| Taxes | 450/3 | €3,318 | - | -€3,318 | |
| Other amounts payable | 47/48 | €216,947 | €222,884 | +€5,937 | +2.7% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €22,612 | -€3,506 | -€26,118 | |
| Operating profit (loss) | 9901 | €22,162 | -€3,968 | -€26,130 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €22,123 | -€4,013 | -€26,136 | |
| Income taxes | 67/77 | €3,318 | - | -€3,318 | |
| Profit (loss) for the period | 9904 | €18,804 | -€4,013 | -€22,817 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,804 | -€4,013 | -€22,817 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.