RENO-WALL-CONSTRUCT: 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.
RENO-WALL-CONSTRUCT
Largest movements
- Tangible fixed assets +€49,655
up €49,655 (+361%), from €13,758 to €63,413
of which Furniture and vehicles: +€51,627
- Cash +€19,807
up €19,807 (+36.6%), from €54,129 to €73,936
mainly Trade debts (+€39,456) and Current portion of long-term debt (+€20,000)
- Receivables within one year +€4,073
up €4,073 (+2.9%), from €139,583 to €143,656
- Trade debts +€39,456
up €39,456 (+47.9%), from €82,306 to €121,761
- Current portion of long-term debt +€20,000
new in 2025: €20,000
- Other debts +€19,976
new in 2025: €19,976
- Tax, wage and social debts -€11,217
down €11,217 (-47.7%), from €23,505 to €12,287
- Profit (loss) carried forward +€5,322
up €5,322 (+10.6%), from €50,149 to €55,471
- Gross operating margin -€3,702
down €3,702 (-14.1%), from €26,255 to €22,553
- Taxes -€1,123
down €1,123 (-16.8%), from €6,705 to €5,582
- Depreciation -€824
down €824 (-13.2%), from €6,230 to €5,406
- Financial charges +€498
up €498 (+26.5%), from €1,878 to €2,376
- Other operating charges +€490
up €490 (+17.9%), from €2,735 to €3,225
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 | €209,020 | €282,555 | +€73,535 | +35.2% |
| Fixed assets | 21/28 | €15,308 | €64,963 | +€49,655 | +324% |
| Tangible fixed assets | 22/27 | €13,758 | €63,413 | +€49,655 | +361% |
| Furniture and vehicles | 24 | €6,776 | €58,403 | +€51,627 | +762% |
| Other tangible fixed assets | 26 | €6,982 | €5,010 | -€1,972 | -28.2% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €193,712 | €217,592 | +€23,880 | +12.3% |
| Amounts receivable within one year | 40/41 | €139,583 | €143,656 | +€4,073 | +2.9% |
| Other amounts receivable | 41 | €139,583 | €143,656 | +€4,073 | +2.9% |
| Cash at bank and in hand | 54/58 | €54,129 | €73,936 | +€19,807 | +36.6% |
| Total equity and liabilities | 10/49 | €209,020 | €282,555 | +€73,535 | +35.2% |
| Equity | 10/15 | €58,209 | €63,531 | +€5,322 | +9.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,149 | €55,471 | +€5,322 | +10.6% |
| Provisions and deferred taxes | 16 | €45,000 | €45,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €45,000 | €45,000 | = | 0.0% |
| Environmental obligations | 163 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable | 17/49 | €105,811 | €174,024 | +€68,214 | +64.5% |
| Amounts payable within one year | 42/48 | €105,811 | €174,024 | +€68,214 | +64.5% |
| Current portion of amounts payable after more than one year | 42 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €82,306 | €121,761 | +€39,456 | +47.9% |
| Suppliers | 440/4 | €82,306 | €121,761 | +€39,456 | +47.9% |
| Taxes, remuneration and social security | 45 | €23,505 | €12,287 | -€11,217 | -47.7% |
| Taxes | 450/3 | €23,505 | €12,287 | -€11,217 | -47.7% |
| Other amounts payable | 47/48 | - | €19,976 | +€19,976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,230 | €5,406 | -€824 | -13.2% |
| Other operating charges | 640/8 | €2,735 | €3,225 | +€490 | +17.9% |
| Non-recurring operating charges | 66A | - | €694 | +€694 | |
| Gross operating margin | 9900 | €26,255 | €22,553 | -€3,702 | -14.1% |
| Operating profit (loss) | 9901 | €17,290 | €13,227 | -€4,062 | -23.5% |
| Financial income | 75/76B | €109 | €52 | -€57 | -52.0% |
| Recurring financial income | 75 | €109 | €52 | -€57 | -52.0% |
| Financial charges | 65/66B | €1,878 | €2,376 | +€498 | +26.5% |
| Recurring financial charges | 65 | €1,878 | €2,376 | +€498 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €15,521 | €10,904 | -€4,617 | -29.7% |
| Income taxes | 67/77 | €6,705 | €5,582 | -€1,123 | -16.8% |
| Profit (loss) for the period | 9904 | €8,815 | €5,322 | -€3,494 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,815 | €5,322 | -€3,494 | -39.6% |
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.