Renobro: 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.
Renobro
Largest movements
- Receivables within one year -€91,371
down €91,371 (-71.7%), from €127,385 to €36,014
of which Trade receivables: -€100,355
- Tangible fixed assets -€26,152
down €26,152 (-6.3%), from €417,975 to €391,823
- Cash -€10,086
down €10,086 (-71.1%), from €14,192 to €4,106
mainly Advances received (-€84,194) and Debts after one year (-€29,110)
- Receivables after one year -€6,048
down €6,048 (-41.0%), from €14,764 to €8,716
- Advances received -€84,194
down €84,194 (-64.0%), from €131,450 to €47,256
- Debts after one year -€29,110
down €29,110 (-9.4%), from €309,824 to €280,714
- Trade debts -€23,492
down €23,492 (-56.9%), from €41,309 to €17,817
- Gross operating margin -€48,913
down €48,913 (-48.7%), from €100,370 to €51,457
- Other operating charges -€32,245
down €32,245 (-90.4%), from €35,682 to €3,437
- Depreciation -€11,542
down €11,542 (-28.8%), from €40,022 to €28,480
- Staff costs -€9,032
down €9,032 (-73.3%), from €12,324 to €3,292
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 | €593,694 | €456,904 | -€136,791 | -23.0% |
| Fixed assets | 21/28 | €418,985 | €392,833 | -€26,152 | -6.2% |
| Tangible fixed assets | 22/27 | €417,975 | €391,823 | -€26,152 | -6.3% |
| Land and buildings | 22 | €283,918 | €274,620 | -€9,298 | -3.3% |
| Plant, machinery and equipment | 23 | €8,980 | €6,617 | -€2,363 | -26.3% |
| Furniture and vehicles | 24 | €44,255 | €31,678 | -€12,577 | -28.4% |
| Other tangible fixed assets | 26 | €80,822 | €78,908 | -€1,914 | -2.4% |
| Financial fixed assets | 28 | €1,010 | €1,010 | = | 0.0% |
| Current assets | 29/58 | €174,709 | €64,071 | -€110,639 | -63.3% |
| Amounts receivable after more than one year | 29 | €14,764 | €8,716 | -€6,048 | -41.0% |
| Other amounts receivable | 291 | €14,764 | €8,716 | -€6,048 | -41.0% |
| Stocks and contracts in progress | 3 | €8,051 | €9,620 | +€1,570 | +19.5% |
| Stocks | 30/36 | €8,051 | €9,620 | +€1,570 | +19.5% |
| Amounts receivable within one year | 40/41 | €127,385 | €36,014 | -€91,371 | -71.7% |
| Trade receivables | 40 | €116,794 | €16,440 | -€100,355 | -85.9% |
| Other amounts receivable | 41 | €10,591 | €19,574 | +€8,984 | +84.8% |
| Cash at bank and in hand | 54/58 | €14,192 | €4,106 | -€10,086 | -71.1% |
| Deferred charges and accrued income | 490/1 | €10,318 | €5,614 | -€4,704 | -45.6% |
| Total equity and liabilities | 10/49 | €593,694 | €456,904 | -€136,791 | -23.0% |
| Equity | 10/15 | €71,657 | €74,452 | +€2,796 | +3.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €68,657 | €71,452 | +€2,796 | +4.1% |
| Distributable reserves | 133 | €68,657 | €71,452 | +€2,796 | +4.1% |
| Amounts payable | 17/49 | €522,037 | €382,451 | -€139,586 | -26.7% |
| Amounts payable after more than one year | 17 | €309,824 | €280,714 | -€29,110 | -9.4% |
| Financial debts | 170/4 | €309,824 | €280,714 | -€29,110 | -9.4% |
| Amounts payable within one year | 42/48 | €212,213 | €101,737 | -€110,476 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €28,211 | €29,110 | +€899 | +3.2% |
| Financial debts | 43 | €21 | €1,250 | +€1,229 | +5860.0% |
| Credit institutions | 430/8 | €21 | €1,250 | +€1,229 | +5860.0% |
| Trade debts | 44 | €41,309 | €17,817 | -€23,492 | -56.9% |
| Suppliers | 440/4 | €41,309 | €17,817 | -€23,492 | -56.9% |
| Advances received on contracts in progress | 46 | €131,450 | €47,256 | -€84,194 | -64.0% |
| Taxes, remuneration and social security | 45 | €6,220 | €2,020 | -€4,200 | -67.5% |
| Taxes | 450/3 | €4,862 | €1,860 | -€3,002 | -61.7% |
| Remuneration and social security | 454/9 | €1,359 | €160 | -€1,199 | -88.2% |
| Other amounts payable | 47/48 | €5,001 | €4,283 | -€718 | -14.4% |
| Non-recurring operating income | 76A | - | €15,953 | +€15,953 | |
| Remuneration, social security and pensions | 62 | €12,324 | €3,292 | -€9,032 | -73.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,022 | €28,480 | -€11,542 | -28.8% |
| Other operating charges | 640/8 | €35,682 | €3,437 | -€32,245 | -90.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €100,370 | €51,457 | -€48,913 | -48.7% |
| Operating profit (loss) | 9901 | €12,342 | €16,247 | +€3,906 | +31.6% |
| Financial income | 75/76B | €1,162 | €418 | -€744 | -64.0% |
| Recurring financial income | 75 | €1,162 | €418 | -€744 | -64.0% |
| Financial charges | 65/66B | €11,502 | €12,026 | +€524 | +4.6% |
| Recurring financial charges | 65 | €11,502 | €12,026 | +€524 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €2,003 | €4,640 | +€2,637 | +131.7% |
| Income taxes | 67/77 | €1,978 | €1,844 | -€134 | -6.8% |
| Profit (loss) for the period | 9904 | €25 | €2,796 | +€2,771 | +11186.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25 | €2,796 | +€2,771 | +11186.6% |
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 9 October 2026 via checked.be.