AA RENOVA: 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.
AA RENOVA
Largest movements
- Total assets -€43,622
down €43,622 (-27.9%), from €156,575 to €112,953
of which Current assets: -€30,076
- Total equity and liabilities -€43,622
down €43,622 (-27.9%), from €156,575 to €112,953
of which Equity: -€27,622
- Gross operating margin -€38,613
down €38,613 (-40.6%), from €95,036 to €56,423
- Taxes -€8,755
down €8,755 (-37.4%), from €23,377 to €14,622
- Financial income -€1,494
down €1,494 (-72.1%), from €2,073 to €579
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,575 | €112,953 | -€43,622 | -27.9% |
| Fixed assets | 21/28 | €5,651 | €3,179 | -€2,472 | -43.7% |
| Tangible fixed assets | 22/27 | €5,651 | €3,179 | -€2,472 | -43.7% |
| Furniture and vehicles | 24 | €5,651 | €3,179 | -€2,472 | -43.7% |
| Current assets | 29/58 | €139,851 | €109,774 | -€30,076 | -21.5% |
| Amounts receivable within one year | 40/41 | €14,132 | €19,332 | +€5,200 | +36.8% |
| Trade receivables | 40 | €14,132 | €11,080 | -€3,052 | -21.6% |
| Other amounts receivable | 41 | €11,073 | €8,252 | -€2,821 | -25.5% |
| Cash at bank and in hand | 54/58 | €125,719 | €90,443 | -€35,276 | -28.1% |
| Total equity and liabilities | 10/49 | €156,575 | €112,953 | -€43,622 | -27.9% |
| Equity | 10/15 | €34,382 | €6,760 | -€27,622 | -80.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,687 | €3,760 | -€35,927 | -90.5% |
| Amounts payable | 17/49 | €111,120 | €106,193 | -€4,927 | -4.4% |
| Amounts payable within one year | 42/48 | €111,120 | €106,193 | -€4,927 | -4.4% |
| Trade debts | 44 | €20,077 | €7,194 | -€12,883 | -64.2% |
| Suppliers | 440/4 | €20,077 | €7,194 | -€12,883 | -64.2% |
| Taxes, remuneration and social security | 45 | €41,043 | €23,999 | -€17,043 | -41.5% |
| Taxes | 450/3 | €41,043 | €23,999 | -€17,043 | -41.5% |
| Other amounts payable | 47/48 | €50,000 | €75,000 | +€25,000 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,472 | €2,472 | = | 0.0% |
| Other operating charges | 640/8 | €1,158 | €662 | -€495 | -42.8% |
| Gross operating margin | 9900 | €95,036 | €56,423 | -€38,613 | -40.6% |
| Operating profit (loss) | 9901 | €91,407 | €53,289 | -€38,118 | -41.7% |
| Financial income | 75/76B | €2,073 | €579 | -€1,494 | -72.1% |
| Recurring financial income | 75 | €2,073 | €579 | -€1,494 | -72.1% |
| Financial charges | 65/66B | €338 | €172 | -€166 | -49.0% |
| Recurring financial charges | 65 | €338 | €172 | -€166 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €93,142 | €53,696 | -€39,446 | -42.4% |
| Income taxes | 67/77 | €23,377 | €14,622 | -€8,755 | -37.4% |
| Profit (loss) for the period | 9904 | €69,765 | €39,073 | -€30,691 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,765 | €39,073 | -€30,691 | -44.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.