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 -€14,892
no longer reported in 2025 (was €14,892)
mainly Current portion of long-term debt (-€16,099) and Net result for the year (-€13,588)
- Tangible fixed assets -€7,914
down €7,914 (-53.3%), from €14,853 to €6,939
of which Furniture and vehicles: -€6,886
- Receivables within one year -€6,711
down €6,711 (-17.9%), from €37,465 to €30,754
of which Other amounts receivable: -€6,488
- Stocks and contracts +€3,800
up €3,800 (+33.0%), from €11,500 to €15,300
- Current portion of long-term debt -€16,099
down €16,099 (-88.5%), from €18,190 to €2,092
- Profit (loss) carried forward -€13,588
down €13,588 (-43.6%), from €31,183 to €17,595
- Short-term financial debts +€6,224
new in 2025: €6,224
- Trade debts -€3,162
down €3,162 (-28.9%), from €10,932 to €7,770
- Advances received -€2,000
no longer reported in 2025 (was €2,000)
- Gross operating margin -€25,222
down €25,222 (-66.7%), from €37,826 to €12,604
- Depreciation -€13,342
down €13,342 (-62.8%), from €21,257 to €7,914
- Staff costs +€12,899
up €12,899 (+266%), from €4,854 to €17,753
- Taxes -€3,208
down €3,208 (-95.8%), from €3,349 to €141
- Financial charges -€1,553
down €1,553 (-52.0%), from €2,986 to €1,433
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 | €81,365 | €55,117 | -€26,248 | -32.3% |
| Fixed assets | 21/28 | €14,968 | €7,054 | -€7,914 | -52.9% |
| Tangible fixed assets | 22/27 | €14,853 | €6,939 | -€7,914 | -53.3% |
| Furniture and vehicles | 24 | €12,029 | €5,143 | -€6,886 | -57.2% |
| Leasing and similar rights | 25 | €2,824 | €1,796 | -€1,028 | -36.4% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €66,397 | €48,064 | -€18,334 | -27.6% |
| Stocks and contracts in progress | 3 | €11,500 | €15,300 | +€3,800 | +33.0% |
| Stocks | 30/36 | €11,500 | €15,300 | +€3,800 | +33.0% |
| Amounts receivable within one year | 40/41 | €37,465 | €30,754 | -€6,711 | -17.9% |
| Trade receivables | 40 | €1,409 | €1,186 | -€222 | -15.8% |
| Other amounts receivable | 41 | €36,056 | €29,568 | -€6,488 | -18.0% |
| Cash at bank and in hand | 54/58 | €14,892 | - | -€14,892 | |
| Deferred charges and accrued income | 490/1 | €2,541 | €2,009 | -€531 | -20.9% |
| Total equity and liabilities | 10/49 | €81,365 | €55,117 | -€26,248 | -32.3% |
| Equity | 10/15 | €48,682 | €35,095 | -€13,588 | -27.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €13,500 | €13,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,183 | €17,595 | -€13,588 | -43.6% |
| Amounts payable | 17/49 | €32,683 | €20,023 | -€12,660 | -38.7% |
| Amounts payable within one year | 42/48 | €32,683 | €20,023 | -€12,660 | -38.7% |
| Current portion of amounts payable after more than one year | 42 | €18,190 | €2,092 | -€16,099 | -88.5% |
| Financial debts | 43 | - | €6,224 | +€6,224 | |
| Credit institutions | 430/8 | - | €6,224 | +€6,224 | |
| Trade debts | 44 | €10,932 | €7,770 | -€3,162 | -28.9% |
| Suppliers | 440/4 | €10,932 | €7,770 | -€3,162 | -28.9% |
| Advances received on contracts in progress | 46 | €2,000 | - | -€2,000 | |
| Taxes, remuneration and social security | 45 | €1,560 | €3,388 | +€1,827 | +117% |
| Taxes | 450/3 | €1,560 | €1,384 | -€176 | -11.3% |
| Remuneration and social security | 454/9 | - | €2,004 | +€2,004 | |
| Other amounts payable | 47/48 | - | €550 | +€550 | |
| Remuneration, social security and pensions | 62 | €4,854 | €17,753 | +€12,899 | +266% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,257 | €7,914 | -€13,342 | -62.8% |
| Other operating charges | 640/8 | €181 | €630 | +€449 | +248% |
| Gross operating margin | 9900 | €37,826 | €12,604 | -€25,222 | -66.7% |
| Operating profit (loss) | 9901 | €11,533 | -€13,693 | -€25,227 | |
| Financial income | 75/76B | €2,301 | €1,679 | -€622 | -27.0% |
| Recurring financial income | 75 | €2,301 | €1,679 | -€622 | -27.0% |
| Financial charges | 65/66B | €2,986 | €1,433 | -€1,553 | -52.0% |
| Recurring financial charges | 65 | €2,986 | €1,433 | -€1,553 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €10,848 | -€13,447 | -€24,295 | |
| Income taxes | 67/77 | €3,349 | €141 | -€3,208 | -95.8% |
| Profit (loss) for the period | 9904 | €7,500 | -€13,588 | -€21,088 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,500 | -€13,588 | -€21,088 |
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.