Renov Toit: 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.
Renov Toit
Largest movements
- Cash -€25,985
down €25,985 (-34.0%), from €76,356 to €50,371
mainly Other debts (-€60,750) and Contributions, distributions and other (-€24,000)
- Receivables within one year -€24,221
down €24,221 (-71.4%), from €33,944 to €9,723
of which Trade receivables: -€22,724
- Other debts -€60,750
down €60,750 (-75.5%), from €80,430 to €19,680
- Profit (loss) carried forward +€27,370
up €27,370 (+250%), from €10,936 to €38,306
- Tax, wage and social debts -€9,876
down €9,876 (-50.6%), from €19,498 to €9,623
- Debts after one year -€3,192
down €3,192 (-37.2%), from €8,579 to €5,387
- Current portion of long-term debt -€2,133
down €2,133 (-40.1%), from €5,326 to €3,192
- Other operating charges +€13,046
up €13,046 (+1,136%), from €1,148 to €14,194
- Gross operating margin -€11,817
down €11,817 (-11.9%), from €99,258 to €87,441
- Write-downs -€6,792
new in 2025: -€6,792
- Taxes -€5,389
down €5,389 (-23.9%), from €22,567 to €17,178
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 | €133,477 | €82,811 | -€50,666 | -38.0% |
| Fixed assets | 21/28 | €12,374 | €12,230 | -€144 | -1.2% |
| Tangible fixed assets | 22/27 | €12,374 | €12,230 | -€144 | -1.2% |
| Plant, machinery and equipment | 23 | €935 | €7,256 | +€6,321 | +676% |
| Furniture and vehicles | 24 | €628 | €898 | +€269 | +42.9% |
| Leasing and similar rights | 25 | €10,811 | €4,077 | -€6,734 | -62.3% |
| Current assets | 29/58 | €121,103 | €70,580 | -€50,522 | -41.7% |
| Stocks and contracts in progress | 3 | €8,009 | €7,456 | -€552 | -6.9% |
| Stocks | 30/36 | €8,009 | €7,456 | -€552 | -6.9% |
| Amounts receivable within one year | 40/41 | €33,944 | €9,723 | -€24,221 | -71.4% |
| Trade receivables | 40 | €28,854 | €6,130 | -€22,724 | -78.8% |
| Other amounts receivable | 41 | €5,090 | €3,593 | -€1,497 | -29.4% |
| Cash at bank and in hand | 54/58 | €76,356 | €50,371 | -€25,985 | -34.0% |
| Deferred charges and accrued income | 490/1 | €2,794 | €3,030 | +€235 | +8.4% |
| Total equity and liabilities | 10/49 | €133,477 | €82,811 | -€50,666 | -38.0% |
| Equity | 10/15 | €17,136 | €44,506 | +€27,370 | +160% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,936 | €38,306 | +€27,370 | +250% |
| Amounts payable | 17/49 | €116,341 | €38,304 | -€78,037 | -67.1% |
| Amounts payable after more than one year | 17 | €8,579 | €5,387 | -€3,192 | -37.2% |
| Financial debts | 170/4 | €8,579 | €5,387 | -€3,192 | -37.2% |
| Amounts payable within one year | 42/48 | €107,762 | €32,917 | -€74,844 | -69.5% |
| Current portion of amounts payable after more than one year | 42 | €5,326 | €3,192 | -€2,133 | -40.1% |
| Trade debts | 44 | €2,508 | €422 | -€2,085 | -83.2% |
| Suppliers | 440/4 | €2,508 | €422 | -€2,085 | -83.2% |
| Taxes, remuneration and social security | 45 | €19,498 | €9,623 | -€9,876 | -50.6% |
| Taxes | 450/3 | €19,498 | €9,623 | -€9,876 | -50.6% |
| Other amounts payable | 47/48 | €80,430 | €19,680 | -€60,750 | -75.5% |
| Remuneration, social security and pensions | 62 | €1,884 | €2,502 | +€618 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,912 | €8,790 | +€878 | +11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€6,792 | -€6,792 | |
| Other operating charges | 640/8 | €1,148 | €14,194 | +€13,046 | +1,136% |
| Gross operating margin | 9900 | €99,258 | €87,441 | -€11,817 | -11.9% |
| Operating profit (loss) | 9901 | €88,313 | €68,747 | -€19,566 | -22.2% |
| Financial income | 75/76B | €90 | €181 | +€91 | +100% |
| Recurring financial income | 75 | €90 | €181 | +€91 | +100% |
| Financial charges | 65/66B | €564 | €379 | -€185 | -32.8% |
| Recurring financial charges | 65 | €564 | €379 | -€185 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €87,839 | €68,549 | -€19,291 | -22.0% |
| Income taxes | 67/77 | €22,567 | €17,178 | -€5,389 | -23.9% |
| Profit (loss) for the period | 9904 | €65,272 | €51,370 | -€13,902 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,272 | €51,370 | -€13,902 | -21.3% |
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 31 October 2026 via checked.be.