Toitures JPH RENARD: 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.
Toitures JPH RENARD
Largest movements
- Stocks and contracts +€26,060
new in 2025: €26,060
- Cash +€10,567
up €10,567 (+33.6%), from €31,440 to €42,007
mainly Net result for the year (+€23,831) and Tax, wage and social debts (+€8,737)
- Deferred charges and accrued income -€4,869
down €4,869 (-17.8%), from €27,348 to €22,479
- Receivables within one year -€3,348
down €3,348 (-7.9%), from €42,564 to €39,216
of which Trade receivables: -€5,018
- Tangible fixed assets -€2,390
down €2,390 (-17.8%), from €13,455 to €11,065
- Reserves +€36,125
up €36,125 (+44.1%), from €82,000 to €118,125
of which Distributable reserves: +€38,125
- Profit (loss) carried forward -€12,293
no longer reported in 2025 (was €12,293)
- Tax, wage and social debts +€8,737
up €8,737 (+291%), from €3,000 to €11,737
- Trade debts -€6,549
down €6,549 (-59.7%), from €10,962 to €4,413
- Gross operating margin -€8,342
down €8,342 (-16.9%), from €49,366 to €41,024
- Financial income -€3,458
down €3,458 (-99.8%), from €3,464 to €6
of which Non-recurring financial income: -€3,258
- Taxes -€2,635
down €2,635 (-22.2%), from €11,873 to €9,237
- Other operating charges +€2,599
new in 2025: €2,599
- Staff costs -€1,072
no longer reported in 2025 (was €1,072)
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.
Derived cash bridge
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 | €115,255 | €141,275 | +€26,020 | +22.6% |
| Fixed assets | 21/28 | €13,903 | €11,513 | -€2,390 | -17.2% |
| Tangible fixed assets | 22/27 | €13,455 | €11,065 | -€2,390 | -17.8% |
| Plant, machinery and equipment | 23 | €13,455 | €11,065 | -€2,390 | -17.8% |
| Financial fixed assets | 28 | €448 | €448 | = | 0.0% |
| Current assets | 29/58 | €101,352 | €129,761 | +€28,410 | +28.0% |
| Stocks and contracts in progress | 3 | - | €26,060 | +€26,060 | |
| Contracts in progress | 37 | - | €26,060 | +€26,060 | |
| Amounts receivable within one year | 40/41 | €42,564 | €39,216 | -€3,348 | -7.9% |
| Trade receivables | 40 | €5,718 | €700 | -€5,018 | -87.8% |
| Other amounts receivable | 41 | €36,846 | €38,516 | +€1,670 | +4.5% |
| Cash at bank and in hand | 54/58 | €31,440 | €42,007 | +€10,567 | +33.6% |
| Deferred charges and accrued income | 490/1 | €27,348 | €22,479 | -€4,869 | -17.8% |
| Total equity and liabilities | 10/49 | €115,255 | €141,275 | +€26,020 | +22.6% |
| Equity | 10/15 | €101,293 | €125,125 | +€23,831 | +23.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €82,000 | €118,125 | +€36,125 | +44.1% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €80,000 | €118,125 | +€38,125 | +47.7% |
| Profit (loss) carried forward | 14 | €12,293 | - | -€12,293 | |
| Amounts payable | 17/49 | €13,962 | €16,150 | +€2,188 | +15.7% |
| Amounts payable within one year | 42/48 | €13,962 | €16,150 | +€2,188 | +15.7% |
| Trade debts | 44 | €10,962 | €4,413 | -€6,549 | -59.7% |
| Suppliers | 440/4 | €10,962 | €4,413 | -€6,549 | -59.7% |
| Taxes, remuneration and social security | 45 | €3,000 | €11,737 | +€8,737 | +291% |
| Taxes | 450/3 | €3,000 | €11,737 | +€8,737 | +291% |
| Remuneration, social security and pensions | 62 | €1,072 | - | -€1,072 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,213 | €4,838 | +€625 | +14.8% |
| Other operating charges | 640/8 | - | €2,599 | +€2,599 | |
| Non-recurring operating charges | 66A | €3,958 | - | -€3,958 | |
| Gross operating margin | 9900 | €49,366 | €41,024 | -€8,342 | -16.9% |
| Operating profit (loss) | 9901 | €40,124 | €33,587 | -€6,537 | -16.3% |
| Financial income | 75/76B | €3,464 | €6 | -€3,458 | -99.8% |
| Recurring financial income | 75 | €206 | €6 | -€200 | -97.2% |
| Non-recurring financial income | 76B | €3,258 | - | -€3,258 | |
| Financial charges | 65/66B | €870 | €525 | -€345 | -39.7% |
| Recurring financial charges | 65 | €870 | €525 | -€345 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €42,718 | €33,069 | -€9,650 | -22.6% |
| Income taxes | 67/77 | €11,873 | €9,237 | -€2,635 | -22.2% |
| Profit (loss) for the period | 9904 | €30,846 | €23,831 | -€7,015 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,846 | €23,831 | -€7,015 | -22.7% |
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 31 October 2026 via checked.be.