RENZO: 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.
RENZO
Largest movements
- Stocks and contracts +€1,109
up €1,109 (+482.5%), from €230 to €1,339
- Tangible fixed assets -€552
down €552 (-54.7%), from €1,008 to €457
of which Furniture and vehicles: -€304
- Cash +€118
up €118 (+6.4%), from €1,827 to €1,945
mainly Net result for the year (+€7,633) and Trade debts (+€1,546)
- Deferred charges and accrued income +€102
up €102 (+254.4%), from €40 to €142
- Other debts -€9,292
down €9,292 (-9.3%), from €99,461 to €90,169
- Profit (loss) carried forward +€7,633
up €7,633 (+6.1%), from -€125,657 to -€118,024
- Trade debts +€1,546
up €1,546 (+43.4%), from €3,563 to €5,109
- Accrued charges and deferred income +€400
new in 2025: €400
- Tax, wage and social debts +€299
up €299 (+58.3%), from €514 to €813
- Gross operating margin +€10,033
up €10,033 (+1466.3%), from €684 to €10,717
- Staff costs -€512
no longer reported in 2025 (was €512)
- Other operating charges -€381
down €381 (-48.8%), from €781 to €400
- Depreciation +€165
up €165 (+42.6%), from €387 to €552
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 | €3,289 | €4,065 | +€777 | +23.6% |
| Fixed assets | 21/28 | €1,192 | €640 | -€552 | -46.3% |
| Tangible fixed assets | 22/27 | €1,008 | €457 | -€552 | -54.7% |
| Plant, machinery and equipment | 23 | €705 | €457 | -€248 | -35.2% |
| Furniture and vehicles | 24 | €304 | €0 | -€304 | -100.0% |
| Financial fixed assets | 28 | €184 | €184 | = | 0.0% |
| Current assets | 29/58 | €2,097 | €3,425 | +€1,328 | +63.4% |
| Stocks and contracts in progress | 3 | €230 | €1,339 | +€1,109 | +482.5% |
| Stocks | 30/36 | €230 | €1,339 | +€1,109 | +482.5% |
| Cash at bank and in hand | 54/58 | €1,827 | €1,945 | +€118 | +6.4% |
| Deferred charges and accrued income | 490/1 | €40 | €142 | +€102 | +254.4% |
| Total equity and liabilities | 10/49 | €3,289 | €4,065 | +€777 | +23.6% |
| Equity | 10/15 | -€114,725 | -€107,092 | +€7,633 | +6.7% |
| Contributions | 10/11 | €9,073 | €9,073 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,657 | -€118,024 | +€7,633 | +6.1% |
| Amounts payable | 17/49 | €118,013 | €111,158 | -€6,856 | -5.8% |
| Amounts payable within one year | 42/48 | €118,013 | €110,758 | -€7,256 | -6.1% |
| Financial debts | 43 | €14,476 | €14,667 | +€191 | +1.3% |
| Credit institutions | 430/8 | €14,476 | €14,667 | +€191 | +1.3% |
| Trade debts | 44 | €3,563 | €5,109 | +€1,546 | +43.4% |
| Suppliers | 440/4 | €3,563 | €5,109 | +€1,546 | +43.4% |
| Taxes, remuneration and social security | 45 | €514 | €813 | +€299 | +58.3% |
| Taxes | 450/3 | €514 | €813 | +€299 | +58.3% |
| Other amounts payable | 47/48 | €99,461 | €90,169 | -€9,292 | -9.3% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €512 | - | -€512 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €387 | €552 | +€165 | +42.6% |
| Other operating charges | 640/8 | €781 | €400 | -€381 | -48.8% |
| Gross operating margin | 9900 | €684 | €10,717 | +€10,033 | +1466.3% |
| Operating profit (loss) | 9901 | -€995 | €9,766 | +€10,761 | |
| Financial income | 75/76B | €50 | €8 | -€42 | -83.8% |
| Recurring financial income | 75 | €50 | €8 | -€42 | -83.8% |
| Financial charges | 65/66B | €2,034 | €2,141 | +€107 | +5.3% |
| Recurring financial charges | 65 | €2,034 | €2,141 | +€107 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,979 | €7,633 | +€10,612 | |
| Profit (loss) for the period | 9904 | -€2,979 | €7,633 | +€10,612 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,979 | €7,633 | +€10,612 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.