Renew-wall: 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.
Renew-wall
Largest movements
- Receivables within one year -€40,537
down €40,537 (-95.3%), from €42,542 to €2,005
of which Trade receivables: -€40,919
- Tangible fixed assets -€9,558
down €9,558 (-42.4%), from €22,525 to €12,967
of which Furniture and vehicles: -€8,198
- Cash +€4,856
up €4,856 (+143.3%), from €3,388 to €8,244
mainly Receivables within one year (+€40,537) and Depreciation (+€11,901)
- Deferred charges and accrued income +€1,994
new in 2025: €1,994
- Profit (loss) carried forward -€30,283
down €30,283, from €9,450 to -€20,833
- Trade debts -€11,942
down €11,942 (-38.4%), from €31,120 to €19,179
- Other debts -€2,210
down €2,210 (-68.2%), from €3,242 to €1,032
- Tax, wage and social debts +€1,190
up €1,190 (+6.1%), from €19,643 to €20,833
of which Remuneration and social security: +€3,986
- Gross operating margin +€26,248
up €26,248 (+60.2%), from -€43,612 to -€17,364
- Staff costs -€906
no longer reported in 2025 (was €906)
- Depreciation +€863
up €863 (+7.8%), from €11,038 to €11,901
- Other operating charges +€626
up €626 (+264.4%), from €237 to €862
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 | €68,455 | €25,210 | -€43,245 | -63.2% |
| Fixed assets | 21/28 | €22,525 | €12,967 | -€9,558 | -42.4% |
| Tangible fixed assets | 22/27 | €22,525 | €12,967 | -€9,558 | -42.4% |
| Plant, machinery and equipment | 23 | €5,177 | €3,816 | -€1,361 | -26.3% |
| Furniture and vehicles | 24 | €17,348 | €9,150 | -€8,198 | -47.3% |
| Current assets | 29/58 | €45,930 | €12,243 | -€33,687 | -73.3% |
| Amounts receivable within one year | 40/41 | €42,542 | €2,005 | -€40,537 | -95.3% |
| Trade receivables | 40 | €40,919 | - | -€40,919 | |
| Other amounts receivable | 41 | €1,623 | €2,005 | +€382 | +23.5% |
| Cash at bank and in hand | 54/58 | €3,388 | €8,244 | +€4,856 | +143.3% |
| Deferred charges and accrued income | 490/1 | - | €1,994 | +€1,994 | |
| Total equity and liabilities | 10/49 | €68,455 | €25,210 | -€43,245 | -63.2% |
| Equity | 10/15 | €14,450 | -€15,833 | -€30,283 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,450 | -€20,833 | -€30,283 | |
| Amounts payable | 17/49 | €54,005 | €41,043 | -€12,962 | -24.0% |
| Amounts payable within one year | 42/48 | €54,005 | €41,043 | -€12,962 | -24.0% |
| Trade debts | 44 | €31,120 | €19,179 | -€11,942 | -38.4% |
| Suppliers | 440/4 | €31,120 | €19,179 | -€11,942 | -38.4% |
| Taxes, remuneration and social security | 45 | €19,643 | €20,833 | +€1,190 | +6.1% |
| Taxes | 450/3 | €19,643 | €16,847 | -€2,796 | -14.2% |
| Remuneration and social security | 454/9 | - | €3,986 | +€3,986 | |
| Other amounts payable | 47/48 | €3,242 | €1,032 | -€2,210 | -68.2% |
| Remuneration, social security and pensions | 62 | €906 | - | -€906 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,038 | €11,901 | +€863 | +7.8% |
| Other operating charges | 640/8 | €237 | €862 | +€626 | +264.4% |
| Gross operating margin | 9900 | -€43,612 | -€17,364 | +€26,248 | +60.2% |
| Operating profit (loss) | 9901 | -€55,793 | -€30,127 | +€25,665 | +46.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €56 | €156 | +€100 | +178.6% |
| Recurring financial charges | 65 | €56 | €156 | +€100 | +178.6% |
| Profit (loss) for the period before taxes | 9903 | -€55,849 | -€30,283 | +€25,566 | +45.8% |
| Profit (loss) for the period | 9904 | -€55,849 | -€30,283 | +€25,566 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,849 | -€30,283 | +€25,566 | +45.8% |
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 12 October 2026 via checked.be.