RENOVA-BVBA: 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-BVBA
Largest movements
- Receivables within one year -€195,354
down €195,354 (-64.3%), from €303,719 to €108,365
of which Trade receivables: -€195,015
- Cash +€26,535
up €26,535 (+785%), from €3,381 to €29,917
mainly Receivables within one year (+€195,354) and Net result for the year (+€70,317)
- Stocks and contracts +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Trade debts -€155,338
down €155,338 (-71.7%), from €216,642 to €61,304
- Profit (loss) carried forward +€70,317
up €70,317 (+67.9%), from -€103,579 to -€33,262
- Other debts -€69,091
down €69,091 (-52.2%), from €132,460 to €63,369
- Tax, wage and social debts -€12,105
down €12,105 (-76.5%), from €15,828 to €3,722
of which Remuneration and social security: -€15,185
- Gross operating margin +€51,900
up €51,900 (+202%), from €25,701 to €77,601
- Staff costs -€42,875
down €42,875 (-76.0%), from €56,380 to €13,506
- Financial income +€17,451
up €17,451 (+242,712%), from €7 to €17,458
of which Non-recurring financial income: +€17,367
- Taxes +€3,587
up €3,587 (+987%), from €363 to €3,951
- Financial charges +€1,477
up €1,477 (+58.6%), from €2,523 to €4,000
of which Financial charges: +€1,728
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €320,417 | €154,200 | -€166,217 | -51.9% |
| Fixed assets | 21/28 | €2,116 | €918 | -€1,199 | -56.6% |
| Tangible fixed assets | 22/27 | €1,224 | €442 | -€783 | -63.9% |
| Plant, machinery and equipment | 23 | €735 | €412 | -€324 | -44.0% |
| Furniture and vehicles | 24 | €489 | €30 | -€459 | -93.9% |
| Financial fixed assets | 28 | €892 | €476 | -€416 | -46.6% |
| Current assets | 29/58 | €318,300 | €153,282 | -€165,018 | -51.8% |
| Stocks and contracts in progress | 3 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Stocks | 30/36 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Amounts receivable within one year | 40/41 | €303,719 | €108,365 | -€195,354 | -64.3% |
| Trade receivables | 40 | €303,381 | €108,365 | -€195,015 | -64.3% |
| Other amounts receivable | 41 | €338 | €0 | -€338 | -100% |
| Cash at bank and in hand | 54/58 | €3,381 | €29,917 | +€26,535 | +785% |
| Deferred charges and accrued income | 490/1 | €1,200 | €0 | -€1,200 | -100% |
| Total equity and liabilities | 10/49 | €320,417 | €154,200 | -€166,217 | -51.9% |
| Equity | 10/15 | -€69,513 | €804 | +€70,317 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €29,066 | €29,066 | = | 0.0% |
| Distributable reserves | 133 | €29,066 | €29,066 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,579 | -€33,262 | +€70,317 | +67.9% |
| Amounts payable | 17/49 | €389,929 | €153,395 | -€236,534 | -60.7% |
| Amounts payable within one year | 42/48 | €389,929 | €153,395 | -€236,534 | -60.7% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €216,642 | €61,304 | -€155,338 | -71.7% |
| Suppliers | 440/4 | €216,642 | €61,304 | -€155,338 | -71.7% |
| Taxes, remuneration and social security | 45 | €15,828 | €3,722 | -€12,105 | -76.5% |
| Taxes | 450/3 | €643 | €3,722 | +€3,080 | +479% |
| Remuneration and social security | 454/9 | €15,185 | €0 | -€15,185 | -100% |
| Other amounts payable | 47/48 | €132,460 | €63,369 | -€69,091 | -52.2% |
| Non-recurring operating income | 76A | €39 | €0 | -€39 | -100% |
| Remuneration, social security and pensions | 62 | €56,380 | €13,506 | -€42,875 | -76.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,077 | €783 | -€294 | -27.3% |
| Other operating charges | 640/8 | €1,323 | €2,503 | +€1,180 | +89.2% |
| Non-recurring operating charges | 66A | €475 | €0 | -€475 | -100% |
| Gross operating margin | 9900 | €25,701 | €77,601 | +€51,900 | +202% |
| Operating profit (loss) | 9901 | -€33,554 | €60,810 | +€94,363 | |
| Financial income | 75/76B | €7 | €17,458 | +€17,451 | +242,712% |
| Recurring financial income | 75 | €7 | €91 | +€84 | +1,166% |
| Non-recurring financial income | 76B | - | €17,367 | +€17,367 | |
| Financial charges | 65/66B | €2,523 | €4,000 | +€1,477 | +58.6% |
| Recurring financial charges | 65 | €2,273 | €4,000 | +€1,728 | +76.0% |
| Non-recurring financial charges | 66B | €250 | - | -€250 | |
| Profit (loss) for the period before taxes | 9903 | -€36,070 | €74,268 | +€110,337 | |
| Income taxes | 67/77 | €363 | €3,951 | +€3,587 | +987% |
| Profit (loss) for the period | 9904 | -€36,433 | €70,317 | +€106,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,433 | €70,317 | +€106,750 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.