UTILITAIRE RENERTE: 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.
UTILITAIRE RENERTE
Largest movements
- Stocks and contracts -€22,850
down €22,850 (-12.9%), from €177,656 to €154,806
- Receivables within one year +€9,544
up €9,544 (+50.9%), from €18,764 to €28,308
of which Trade receivables: +€11,084
- Cash -€2,964
down €2,964 (-39.9%), from €7,435 to €4,472
mainly Net result for the year (-€23,830) and Receivables within one year (-€9,544)
- Profit (loss) carried forward -€23,830
down €23,830, from €2,183 to -€21,647
- Trade debts +€9,972
up €9,972 (+50.5%), from €19,753 to €29,725
- Short-term financial debts -€3,151
down €3,151 (-6.5%), from €48,677 to €45,526
of which Credit institutions: -€2,449
- Tax, wage and social debts +€2,896
up €2,896 (+2930.6%), from €99 to €2,995
of which Remuneration and social security: +€2,950
- Other debts -€2,157
down €2,157 (-2.5%), from €86,941 to €84,784
- Gross operating margin -€5,511
down €5,511 (-33.7%), from -€16,369 to -€21,880
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 | €204,005 | €187,735 | -€16,269 | -8.0% |
| Fixed assets | 21/28 | €149 | €149 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €203,856 | €187,587 | -€16,269 | -8.0% |
| Stocks and contracts in progress | 3 | €177,656 | €154,806 | -€22,850 | -12.9% |
| Stocks | 30/36 | €177,656 | €154,806 | -€22,850 | -12.9% |
| Amounts receivable within one year | 40/41 | €18,764 | €28,308 | +€9,544 | +50.9% |
| Trade receivables | 40 | €17,173 | €28,257 | +€11,084 | +64.5% |
| Other amounts receivable | 41 | €1,591 | €52 | -€1,539 | -96.8% |
| Cash at bank and in hand | 54/58 | €7,435 | €4,472 | -€2,964 | -39.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €204,005 | €187,735 | -€16,269 | -8.0% |
| Equity | 10/15 | €48,534 | €24,705 | -€23,830 | -49.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €27,759 | €27,759 | = | 0.0% |
| Distributable reserves | 133 | €27,759 | €27,759 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,183 | -€21,647 | -€23,830 | |
| Amounts payable | 17/49 | €155,470 | €163,031 | +€7,561 | +4.9% |
| Amounts payable within one year | 42/48 | €155,470 | €163,031 | +€7,561 | +4.9% |
| Financial debts | 43 | €48,677 | €45,526 | -€3,151 | -6.5% |
| Credit institutions | 430/8 | €9,400 | €6,951 | -€2,449 | -26.1% |
| Other loans | 439 | €39,276 | €38,575 | -€702 | -1.8% |
| Trade debts | 44 | €19,753 | €29,725 | +€9,972 | +50.5% |
| Suppliers | 440/4 | €19,753 | €29,725 | +€9,972 | +50.5% |
| Taxes, remuneration and social security | 45 | €99 | €2,995 | +€2,896 | +2930.6% |
| Taxes | 450/3 | €99 | €45 | -€54 | -54.3% |
| Remuneration and social security | 454/9 | - | €2,950 | +€2,950 | |
| Other amounts payable | 47/48 | €86,941 | €84,784 | -€2,157 | -2.5% |
| Other operating charges | 640/8 | €1,261 | €1,157 | -€104 | -8.3% |
| Gross operating margin | 9900 | -€16,369 | -€21,880 | -€5,511 | -33.7% |
| Operating profit (loss) | 9901 | -€17,630 | -€23,037 | -€5,407 | -30.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €748 | €793 | +€45 | +6.1% |
| Recurring financial charges | 65 | €748 | €793 | +€45 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,377 | -€23,830 | -€5,453 | -29.7% |
| Profit (loss) for the period | 9904 | -€18,377 | -€23,830 | -€5,453 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,377 | -€23,830 | -€5,453 | -29.7% |
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 10 October 2026 via checked.be.