RENOV TT: 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 TT
Largest movements
- Receivables within one year -€12,472
down €12,472 (-33.5%), from €37,234 to €24,762
of which Trade receivables: -€9,113
- Cash -€10,771
down €10,771 (-96.6%), from €11,151 to €381
mainly Net result for the year (-€22,313) and Short-term financial debts (-€10,000)
- Tangible fixed assets -€4,468
down €4,468 (-28.3%), from €15,810 to €11,342
of which Plant, machinery and equipment: -€3,256
- Profit (loss) carried forward -€22,313
down €22,313 (-48.6%), from €45,913 to €23,600
- Short-term financial debts -€10,000
no longer reported in 2026 (was €10,000)
- Trade debts +€4,960
up €4,960 (+6,758%), from €73 to €5,033
- Other debts +€3,386
up €3,386 (+1,955%), from €173 to €3,559
- Debts after one year -€2,871
down €2,871 (-68.8%), from €4,173 to €1,302
- Gross operating margin -€70,757
down €70,757, from €55,328 to -€15,429
- Taxes -€10,158
no longer reported in 2026 (was €10,158)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,520 | €39,365 | -€28,156 | -41.7% |
| Fixed assets | 21/28 | €15,810 | €11,342 | -€4,468 | -28.3% |
| Tangible fixed assets | 22/27 | €15,810 | €11,342 | -€4,468 | -28.3% |
| Plant, machinery and equipment | 23 | €6,902 | €3,645 | -€3,256 | -47.2% |
| Furniture and vehicles | 24 | €8,908 | €7,696 | -€1,212 | -13.6% |
| Current assets | 29/58 | €51,710 | €28,023 | -€23,688 | -45.8% |
| Stocks and contracts in progress | 3 | €2,000 | €1,500 | -€500 | -25.0% |
| Stocks | 30/36 | €2,000 | €1,500 | -€500 | -25.0% |
| Amounts receivable within one year | 40/41 | €37,234 | €24,762 | -€12,472 | -33.5% |
| Trade receivables | 40 | €32,213 | €23,100 | -€9,113 | -28.3% |
| Other amounts receivable | 41 | €5,021 | €1,662 | -€3,359 | -66.9% |
| Cash at bank and in hand | 54/58 | €11,151 | €381 | -€10,771 | -96.6% |
| Deferred charges and accrued income | 490/1 | €1,325 | €1,380 | +€55 | +4.1% |
| Total equity and liabilities | 10/49 | €67,520 | €39,365 | -€28,156 | -41.7% |
| Equity | 10/15 | €48,913 | €26,600 | -€22,313 | -45.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,913 | €23,600 | -€22,313 | -48.6% |
| Amounts payable | 17/49 | €18,607 | €12,765 | -€5,843 | -31.4% |
| Amounts payable after more than one year | 17 | €4,173 | €1,302 | -€2,871 | -68.8% |
| Financial debts | 170/4 | €4,173 | €1,302 | -€2,871 | -68.8% |
| Amounts payable within one year | 42/48 | €14,435 | €11,463 | -€2,972 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €2,871 | €2,871 | +€0 | 0.0% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €73 | €5,033 | +€4,960 | +6,758% |
| Suppliers | 440/4 | €73 | €5,033 | +€4,960 | +6,758% |
| Taxes, remuneration and social security | 45 | €1,318 | - | -€1,318 | |
| Taxes | 450/3 | €1,318 | - | -€1,318 | |
| Other amounts payable | 47/48 | €173 | €3,559 | +€3,386 | +1,955% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,376 | €5,566 | +€190 | +3.5% |
| Other operating charges | 640/8 | €777 | €883 | +€106 | +13.6% |
| Gross operating margin | 9900 | €55,328 | -€15,429 | -€70,757 | |
| Operating profit (loss) | 9901 | €49,175 | -€21,878 | -€71,053 | |
| Financial income | 75/76B | €9 | €3 | -€6 | -64.8% |
| Recurring financial income | 75 | €9 | €3 | -€6 | -64.8% |
| Financial charges | 65/66B | €438 | €438 | -€0 | 0.0% |
| Recurring financial charges | 65 | €438 | €438 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €48,746 | -€22,313 | -€71,059 | |
| Income taxes | 67/77 | €10,158 | - | -€10,158 | |
| Profit (loss) for the period | 9904 | €38,588 | -€22,313 | -€60,901 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,588 | -€22,313 | -€60,901 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.