Tom Renders: 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.
Tom Renders
Largest movements
- Receivables within one year +€57,783
up €57,783 (+10,124%), from €571 to €58,353
of which Other amounts receivable: +€58,353
- Cash +€43,514
up €43,514 (+203%), from €21,414 to €64,928
mainly Net result for the year (+€118,696) and Depreciation (+€36,151)
- Current investments +€36,303
up €36,303 (+201%), from €18,048 to €54,352
- Tangible fixed assets -€33,661
down €33,661 (-29.1%), from €115,866 to €82,206
of which Furniture and vehicles: -€33,290
- Profit (loss) carried forward +€118,696
up €118,696 (+130%), from €91,325 to €210,021
- Debts after one year -€30,559
down €30,559 (-42.2%), from €72,425 to €41,866
- Tax, wage and social debts +€13,242
up €13,242 (+34.9%), from €37,964 to €51,206
- Gross operating margin +€34,873
up €34,873 (+22.7%), from €153,745 to €188,618
- Taxes +€14,383
up €14,383 (+45.7%), from €31,495 to €45,878
- Financial income +€8,521
up €8,521 (+110%), from €7,712 to €16,234
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 | €390,445 | €494,636 | +€104,191 | +26.7% |
| Fixed assets | 21/28 | €115,866 | €84,206 | -€31,661 | -27.3% |
| Tangible fixed assets | 22/27 | €115,866 | €82,206 | -€33,661 | -29.1% |
| Plant, machinery and equipment | 23 | €483 | €113 | -€370 | -76.7% |
| Furniture and vehicles | 24 | €115,383 | €82,093 | -€33,290 | -28.9% |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €274,579 | €410,430 | +€135,851 | +49.5% |
| Amounts receivable after more than one year | 29 | €230,000 | €230,000 | = | 0.0% |
| Other amounts receivable | 291 | €230,000 | €230,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €571 | €58,353 | +€57,783 | +10,124% |
| Trade receivables | 40 | €571 | - | -€571 | |
| Other amounts receivable | 41 | - | €58,353 | +€58,353 | |
| Current investments | 50/53 | €18,048 | €54,352 | +€36,303 | +201% |
| Cash at bank and in hand | 54/58 | €21,414 | €64,928 | +€43,514 | +203% |
| Deferred charges and accrued income | 490/1 | €4,546 | €2,797 | -€1,749 | -38.5% |
| Total equity and liabilities | 10/49 | €390,445 | €494,636 | +€104,191 | +26.7% |
| Equity | 10/15 | €247,575 | €366,270 | +€118,696 | +47.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €141,249 | €141,249 | = | 0.0% |
| Distributable reserves | 133 | €141,249 | €141,249 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,325 | €210,021 | +€118,696 | +130% |
| Amounts payable | 17/49 | €142,871 | €128,366 | -€14,505 | -10.2% |
| Amounts payable after more than one year | 17 | €72,425 | €41,866 | -€30,559 | -42.2% |
| Financial debts | 170/4 | €72,425 | €41,866 | -€30,559 | -42.2% |
| Amounts payable within one year | 42/48 | €70,446 | €85,735 | +€15,290 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €30,011 | €30,559 | +€547 | +1.8% |
| Trade debts | 44 | €652 | €3,970 | +€3,318 | +509% |
| Suppliers | 440/4 | €652 | €3,970 | +€3,318 | +509% |
| Taxes, remuneration and social security | 45 | €37,964 | €51,206 | +€13,242 | +34.9% |
| Taxes | 450/3 | €37,964 | €51,206 | +€13,242 | +34.9% |
| Other amounts payable | 47/48 | €1,817 | - | -€1,817 | |
| Accrued charges and deferred income | 492/3 | - | €764 | +€764 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,569 | €36,151 | +€1,583 | +4.6% |
| Other operating charges | 640/8 | €1,069 | €1,164 | +€95 | +8.9% |
| Non-recurring operating charges | 66A | - | €1,081 | +€1,081 | |
| Gross operating margin | 9900 | €153,745 | €188,618 | +€34,873 | +22.7% |
| Operating profit (loss) | 9901 | €118,108 | €150,222 | +€32,114 | +27.2% |
| Financial income | 75/76B | €7,712 | €16,234 | +€8,521 | +110% |
| Recurring financial income | 75 | €7,712 | €16,234 | +€8,521 | +110% |
| Financial charges | 65/66B | €2,167 | €1,882 | -€285 | -13.1% |
| Recurring financial charges | 65 | €2,167 | €1,882 | -€285 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €123,653 | €164,573 | +€40,920 | +33.1% |
| Income taxes | 67/77 | €31,495 | €45,878 | +€14,383 | +45.7% |
| Profit (loss) for the period | 9904 | €92,158 | €118,696 | +€26,537 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €92,158 | €118,696 | +€26,537 | +28.8% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.