RENOVA 9: 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.
RENOVA 9
Largest movements
- Deferred charges and accrued income -€6,005
down €6,005 (-58.1%), from €10,334 to €4,329
- Cash -€3,294
down €3,294 (-76.8%), from €4,289 to €995
mainly Trade debts (-€10,860) and Net result for the year (-€2,163)
- Trade debts -€10,860
down €10,860 (-9.7%), from €111,952 to €101,092
- Tax, wage and social debts +€4,497
up €4,497 (+53.2%), from €8,450 to €12,947
of which Remuneration and social security: +€10,372
- Other operating charges +€13,296
up €13,296 (+983%), from €1,353 to €14,649
- Depreciation -€8,212
down €8,212 (-87.7%), from €9,367 to €1,155
- Gross operating margin -€2,488
down €2,488 (-14.6%), from €17,025 to €14,537
- Financial income +€1,819
up €1,819 (+170%), from €1,069 to €2,888
- Taxes -€468
down €468 (-12.5%), from €3,750 to €3,282
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 | €221,625 | €213,099 | -€8,526 | -3.8% |
| Fixed assets | 21/28 | €1,155 | - | -€1,155 | |
| Tangible fixed assets | 22/27 | €1,155 | - | -€1,155 | |
| Plant, machinery and equipment | 23 | €314 | - | -€314 | |
| Furniture and vehicles | 24 | €841 | - | -€841 | |
| Current assets | 29/58 | €220,470 | €213,099 | -€7,371 | -3.3% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Trade receivables | 290 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €105,847 | €107,775 | +€1,928 | +1.8% |
| Trade receivables | 40 | €56,830 | €60,740 | +€3,910 | +6.9% |
| Other amounts receivable | 41 | €49,017 | €47,035 | -€1,982 | -4.0% |
| Cash at bank and in hand | 54/58 | €4,289 | €995 | -€3,294 | -76.8% |
| Deferred charges and accrued income | 490/1 | €10,334 | €4,329 | -€6,005 | -58.1% |
| Total equity and liabilities | 10/49 | €221,625 | €213,099 | -€8,526 | -3.8% |
| Equity | 10/15 | €101,223 | €99,060 | -€2,163 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | €82,623 | €80,460 | -€2,163 | -2.6% |
| Amounts payable | 17/49 | €120,402 | €114,039 | -€6,363 | -5.3% |
| Amounts payable within one year | 42/48 | €120,402 | €114,039 | -€6,363 | -5.3% |
| Trade debts | 44 | €111,952 | €101,092 | -€10,860 | -9.7% |
| Suppliers | 440/4 | €111,952 | €101,092 | -€10,860 | -9.7% |
| Taxes, remuneration and social security | 45 | €8,450 | €12,947 | +€4,497 | +53.2% |
| Taxes | 450/3 | €8,450 | €2,575 | -€5,875 | -69.5% |
| Remuneration and social security | 454/9 | - | €10,372 | +€10,372 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,367 | €1,155 | -€8,212 | -87.7% |
| Other operating charges | 640/8 | €1,353 | €14,649 | +€13,296 | +983% |
| Gross operating margin | 9900 | €17,025 | €14,537 | -€2,488 | -14.6% |
| Operating profit (loss) | 9901 | €6,305 | -€1,267 | -€7,572 | |
| Financial income | 75/76B | €1,069 | €2,888 | +€1,819 | +170% |
| Recurring financial income | 75 | €1,069 | €2,888 | +€1,819 | +170% |
| Financial charges | 65/66B | €483 | €502 | +€19 | +3.9% |
| Recurring financial charges | 65 | €483 | €502 | +€19 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €6,891 | €1,119 | -€5,772 | -83.8% |
| Income taxes | 67/77 | €3,750 | €3,282 | -€468 | -12.5% |
| Profit (loss) for the period | 9904 | €3,141 | -€2,163 | -€5,304 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,141 | -€2,163 | -€5,304 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.