Tono Reno: 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.
Tono Reno
Largest movements
- Cash -€15,976
down €15,976 (-55.1%), from €28,985 to €13,009
mainly Tax, wage and social debts (-€20,956) and Investment in fixed assets (net) (-€13,298)
- Financial fixed assets +€9,000
new in 2025: €9,000
- Receivables within one year -€6,718
down €6,718 (-20.5%), from €32,803 to €26,085
of which Trade receivables: -€4,080
- Tangible fixed assets -€1,221
down €1,221 (-9.7%), from €12,530 to €11,309
of which Furniture and vehicles: -€1,076
- Tax, wage and social debts -€20,956
down €20,956 (-91.2%), from €22,970 to €2,014
- Debts after one year +€12,822
up €12,822 (+1,392%), from €921 to €13,743
- Current portion of long-term debt -€10,295
down €10,295 (-40.4%), from €25,475 to €15,180
- Profit (loss) carried forward +€6,563
up €6,563 (+42.9%), from €15,314 to €21,877
- Trade debts -€2,907
down €2,907 (-22.5%), from €12,929 to €10,022
- Gross operating margin +€13,615
up €13,615 (+161%), from €8,481 to €22,096
- Financial charges +€1,584
up €1,584 (+53.3%), from €2,973 to €4,557
- Taxes +€1,437
up €1,437 (+249%), from €577 to €2,014
- Depreciation +€675
up €675 (+13.9%), from €4,844 to €5,519
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 | €77,609 | €62,836 | -€14,773 | -19.0% |
| Fixed assets | 21/28 | €12,530 | €20,309 | +€7,779 | +62.1% |
| Tangible fixed assets | 22/27 | €12,530 | €11,309 | -€1,221 | -9.7% |
| Plant, machinery and equipment | 23 | €169 | €24 | -€145 | -85.8% |
| Furniture and vehicles | 24 | €12,361 | €11,285 | -€1,076 | -8.7% |
| Financial fixed assets | 28 | - | €9,000 | +€9,000 | |
| Current assets | 29/58 | €65,079 | €42,527 | -€22,552 | -34.7% |
| Amounts receivable within one year | 40/41 | €32,803 | €26,085 | -€6,718 | -20.5% |
| Trade receivables | 40 | €9,870 | €5,790 | -€4,080 | -41.3% |
| Other amounts receivable | 41 | €22,933 | €20,295 | -€2,638 | -11.5% |
| Cash at bank and in hand | 54/58 | €28,985 | €13,009 | -€15,976 | -55.1% |
| Deferred charges and accrued income | 490/1 | €3,291 | €3,433 | +€142 | +4.3% |
| Total equity and liabilities | 10/49 | €77,609 | €62,836 | -€14,773 | -19.0% |
| Equity | 10/15 | €15,314 | €21,877 | +€6,563 | +42.9% |
| Profit (loss) carried forward | 14 | €15,314 | €21,877 | +€6,563 | +42.9% |
| Amounts payable | 17/49 | €62,295 | €40,959 | -€21,336 | -34.2% |
| Amounts payable after more than one year | 17 | €921 | €13,743 | +€12,822 | +1,392% |
| Financial debts | 170/4 | €921 | €13,743 | +€12,822 | +1,392% |
| Amounts payable within one year | 42/48 | €61,374 | €27,216 | -€34,158 | -55.7% |
| Current portion of amounts payable after more than one year | 42 | €25,475 | €15,180 | -€10,295 | -40.4% |
| Trade debts | 44 | €12,929 | €10,022 | -€2,907 | -22.5% |
| Suppliers | 440/4 | €12,929 | €10,022 | -€2,907 | -22.5% |
| Taxes, remuneration and social security | 45 | €22,970 | €2,014 | -€20,956 | -91.2% |
| Taxes | 450/3 | €22,970 | €2,014 | -€20,956 | -91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,844 | €5,519 | +€675 | +13.9% |
| Other operating charges | 640/8 | €622 | €526 | -€96 | -15.4% |
| Non-recurring operating charges | 66A | - | €1,015 | +€1,015 | |
| Gross operating margin | 9900 | €8,481 | €22,096 | +€13,615 | +161% |
| Operating profit (loss) | 9901 | €3,015 | €15,036 | +€12,021 | +399% |
| Financial income | 75/76B | €1,238 | €1,112 | -€126 | -10.2% |
| Recurring financial income | 75 | €1,238 | €1,112 | -€126 | -10.2% |
| Financial charges | 65/66B | €2,973 | €4,557 | +€1,584 | +53.3% |
| Recurring financial charges | 65 | €2,973 | €4,557 | +€1,584 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €1,280 | €11,591 | +€10,311 | +806% |
| Income taxes | 67/77 | €577 | €2,014 | +€1,437 | +249% |
| Profit (loss) for the period | 9904 | €703 | €9,577 | +€8,874 | +1,262% |
| Profit (loss) for the period to be appropriated | 9905 | €703 | €9,577 | +€8,874 | +1,262% |
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 29 October 2026 via checked.be.