RENOFRESH JVL: 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.
RENOFRESH JVL
Largest movements
- Cash +€25,390
up €25,390 (+302%), from €8,401 to €33,792
mainly Receivables within one year (+€22,906) and Tax, wage and social debts (+€7,192)
- Receivables within one year -€22,906
down €22,906 (-83.5%), from €27,429 to €4,523
of which Trade receivables: -€22,328
- Tangible fixed assets +€4,936
new in 2025: €4,936
of which Land and buildings: +€3,108
- Deferred charges and accrued income +€846
up €846 (+215%), from €394 to €1,240
- Tax, wage and social debts +€7,192
up €7,192 (+140%), from €5,151 to €12,342
of which Remuneration and social security: +€4,285
- Reserves +€6,955
up €6,955 (+35.9%), from €19,378 to €26,333
- Trade debts -€3,618
down €3,618 (-60.0%), from €6,027 to €2,409
- Other debts -€2,263
down €2,263 (-71.4%), from €3,169 to €905
- Staff costs +€12,378
new in 2025: €12,378
- Taxes -€3,046
down €3,046 (-61.0%), from €4,995 to €1,949
- Gross operating margin -€2,720
down €2,720 (-9.7%), from €28,090 to €25,369
- Depreciation +€530
new in 2025: €530
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 | €36,225 | €44,490 | +€8,265 | +22.8% |
| Fixed assets | 21/28 | - | €4,936 | +€4,936 | |
| Tangible fixed assets | 22/27 | - | €4,936 | +€4,936 | |
| Land and buildings | 22 | - | €3,108 | +€3,108 | |
| Plant, machinery and equipment | 23 | - | €1,828 | +€1,828 | |
| Current assets | 29/58 | €36,225 | €39,554 | +€3,330 | +9.2% |
| Amounts receivable within one year | 40/41 | €27,429 | €4,523 | -€22,906 | -83.5% |
| Trade receivables | 40 | €25,082 | €2,754 | -€22,328 | -89.0% |
| Other amounts receivable | 41 | €2,348 | €1,769 | -€579 | -24.7% |
| Cash at bank and in hand | 54/58 | €8,401 | €33,792 | +€25,390 | +302% |
| Deferred charges and accrued income | 490/1 | €394 | €1,240 | +€846 | +215% |
| Total equity and liabilities | 10/49 | €36,225 | €44,490 | +€8,265 | +22.8% |
| Equity | 10/15 | €21,878 | €28,833 | +€6,955 | +31.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €19,378 | €26,333 | +€6,955 | +35.9% |
| Distributable reserves | 133 | €19,378 | €26,333 | +€6,955 | +35.9% |
| Amounts payable | 17/49 | €14,347 | €15,657 | +€1,310 | +9.1% |
| Amounts payable within one year | 42/48 | €14,347 | €15,657 | +€1,310 | +9.1% |
| Trade debts | 44 | €6,027 | €2,409 | -€3,618 | -60.0% |
| Suppliers | 440/4 | €6,027 | €2,409 | -€3,618 | -60.0% |
| Taxes, remuneration and social security | 45 | €5,151 | €12,342 | +€7,192 | +140% |
| Taxes | 450/3 | €5,151 | €8,058 | +€2,907 | +56.4% |
| Remuneration and social security | 454/9 | - | €4,285 | +€4,285 | |
| Other amounts payable | 47/48 | €3,169 | €905 | -€2,263 | -71.4% |
| Remuneration, social security and pensions | 62 | - | €12,378 | +€12,378 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €530 | +€530 | |
| Other operating charges | 640/8 | €625 | €616 | -€9 | -1.4% |
| Gross operating margin | 9900 | €28,090 | €25,369 | -€2,720 | -9.7% |
| Operating profit (loss) | 9901 | €27,465 | €11,846 | -€15,620 | -56.9% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €3,092 | €2,944 | -€148 | -4.8% |
| Recurring financial charges | 65 | €3,092 | €2,944 | -€148 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €24,373 | €8,904 | -€15,469 | -63.5% |
| Income taxes | 67/77 | €4,995 | €1,949 | -€3,046 | -61.0% |
| Profit (loss) for the period | 9904 | €19,378 | €6,955 | -€12,422 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,378 | €6,955 | -€12,422 | -64.1% |
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 22 October 2026 via checked.be.