S.P. RENES: 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.
S.P. RENES
Largest movements
- Cash +€49,549
up €49,549 (+1112.9%), from €4,452 to €54,001
mainly Net result for the year (+€60,128) and Tax, wage and social debts (+€21,460)
- Receivables within one year +€32,148
up €32,148 (+6445.3%), from €499 to €32,647
of which Trade receivables: +€32,647
- Deferred charges and accrued income +€5,002
up €5,002 (+7724.9%), from €65 to €5,067
- Reserves +€57,565
new in 2025: €57,565
- Tax, wage and social debts +€21,460
new in 2025: €21,460
- Trade debts +€6,372
up €6,372 (+4925.9%), from €129 to €6,502
- Profit (loss) carried forward +€2,563
up €2,563, from -€2,563 to €0
- Other debts -€1,262
down €1,262 (-23.2%), from €5,450 to €4,188
- Gross operating margin +€81,022
up €81,022, from -€2,563 to €78,458
- Taxes +€15,690
new in 2025: €15,690
- Financial charges +€2,059
new in 2025: €2,059
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 | €5,016 | €91,715 | +€86,699 | +1728.5% |
| Current assets | 29/58 | €5,016 | €91,715 | +€86,699 | +1728.5% |
| Amounts receivable within one year | 40/41 | €499 | €32,647 | +€32,148 | +6445.3% |
| Trade receivables | 40 | - | €32,647 | +€32,647 | |
| Other amounts receivable | 41 | €499 | €0 | -€499 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,452 | €54,001 | +€49,549 | +1112.9% |
| Deferred charges and accrued income | 490/1 | €65 | €5,067 | +€5,002 | +7724.9% |
| Total equity and liabilities | 10/49 | €5,016 | €91,715 | +€86,699 | +1728.5% |
| Equity | 10/15 | -€563 | €59,565 | +€60,128 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €57,565 | +€57,565 | |
| Distributable reserves | 133 | - | €57,565 | +€57,565 | |
| Profit (loss) carried forward | 14 | -€2,563 | €0 | +€2,563 | |
| Amounts payable | 17/49 | €5,579 | €32,150 | +€26,571 | +476.3% |
| Amounts payable within one year | 42/48 | €5,579 | €32,149 | +€26,570 | +476.2% |
| Trade debts | 44 | €129 | €6,502 | +€6,372 | +4925.9% |
| Suppliers | 440/4 | €129 | €6,502 | +€6,372 | +4925.9% |
| Taxes, remuneration and social security | 45 | - | €21,460 | +€21,460 | |
| Taxes | 450/3 | - | €21,460 | +€21,460 | |
| Other amounts payable | 47/48 | €5,450 | €4,188 | -€1,262 | -23.2% |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Other operating charges | 640/8 | - | €582 | +€582 | |
| Gross operating margin | 9900 | -€2,563 | €78,458 | +€81,022 | |
| Operating profit (loss) | 9901 | -€2,563 | €77,877 | +€80,440 | |
| Financial charges | 65/66B | - | €2,059 | +€2,059 | |
| Recurring financial charges | 65 | - | €2,059 | +€2,059 | |
| Profit (loss) for the period before taxes | 9903 | -€2,563 | €75,818 | +€78,381 | |
| Income taxes | 67/77 | - | €15,690 | +€15,690 | |
| Profit (loss) for the period | 9904 | -€2,563 | €60,128 | +€62,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,563 | €60,128 | +€62,692 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.