Renova Brussels: 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 Brussels
Largest movements
- Receivables within one year -€15,804
down €15,804 (-68.8%), from €22,978 to €7,175
of which Trade receivables: -€15,951
- Cash +€5,939
up €5,939 (+9.2%), from €64,399 to €70,338
mainly Receivables within one year (+€15,804) and Net result for the year (+€11,425)
- Other debts -€11,823
down €11,823 (-73.8%), from €16,011 to €4,188
- Reserves +€5,625
up €5,625 (+12.5%), from €45,013 to €50,637
- Tax, wage and social debts -€2,900
down €2,900 (-41.8%), from €6,943 to €4,043
of which Taxes: -€2,900
- Gross operating margin -€14,206
down €14,206 (-49.6%), from €28,641 to €14,435
- Taxes -€1,226
down €1,226 (-34.6%), from €3,547 to €2,321
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 | €87,777 | €77,913 | -€9,864 | -11.2% |
| Current assets | 29/58 | €87,777 | €77,913 | -€9,864 | -11.2% |
| Amounts receivable within one year | 40/41 | €22,978 | €7,175 | -€15,804 | -68.8% |
| Trade receivables | 40 | €22,946 | €6,996 | -€15,951 | -69.5% |
| Other amounts receivable | 41 | €32 | €179 | +€147 | +460% |
| Cash at bank and in hand | 54/58 | €64,399 | €70,338 | +€5,939 | +9.2% |
| Deferred charges and accrued income | 490/1 | €400 | €400 | = | 0.0% |
| Total equity and liabilities | 10/49 | €87,777 | €77,913 | -€9,864 | -11.2% |
| Equity | 10/15 | €63,613 | €69,237 | +€5,625 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,013 | €50,637 | +€5,625 | +12.5% |
| Distributable reserves | 133 | €45,013 | €50,637 | +€5,625 | +12.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €24,164 | €8,676 | -€15,489 | -64.1% |
| Amounts payable within one year | 42/48 | €24,164 | €8,676 | -€15,489 | -64.1% |
| Trade debts | 44 | €1,210 | €445 | -€766 | -63.2% |
| Suppliers | 440/4 | €1,210 | €445 | -€766 | -63.2% |
| Taxes, remuneration and social security | 45 | €6,943 | €4,043 | -€2,900 | -41.8% |
| Taxes | 450/3 | €6,943 | €4,043 | -€2,900 | -41.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €16,011 | €4,188 | -€11,823 | -73.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €28,641 | €14,435 | -€14,206 | -49.6% |
| Operating profit (loss) | 9901 | €28,254 | €14,035 | -€14,219 | -50.3% |
| Financial income | 75/76B | €159 | - | -€159 | |
| Recurring financial income | 75 | €159 | - | -€159 | |
| Financial charges | 65/66B | €206 | €289 | +€84 | +40.6% |
| Recurring financial charges | 65 | €206 | €289 | +€84 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | €28,207 | €13,746 | -€14,461 | -51.3% |
| Income taxes | 67/77 | €3,547 | €2,321 | -€1,226 | -34.6% |
| Profit (loss) for the period | 9904 | €24,660 | €11,425 | -€13,235 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,660 | €11,425 | -€13,235 | -53.7% |
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 28 October 2026 via checked.be.