RENOVA DESIGN: 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 DESIGN
Largest movements
- Stocks and contracts +€189,639
up €189,639 (+10,109%), from €1,876 to €191,515
- Cash -€13,374
down €13,374 (-26.5%), from €50,552 to €37,178
mainly Stocks and contracts (-€189,639) and Investment in fixed assets (net) (-€23,883)
- Receivables within one year -€12,710
down €12,710 (-34.6%), from €36,730 to €24,020
of which Trade receivables: -€18,832
- Debts after one year +€83,881
up €83,881 (+265%), from €31,604 to €115,485
- Other debts +€76,205
up €76,205 (+519%), from €14,681 to €90,886
- Tax, wage and social debts +€10,122
up €10,122 (+131%), from €7,708 to €17,830
of which Remuneration and social security: +€10,410
- Current portion of long-term debt -€4,185
down €4,185 (-16.9%), from €24,829 to €20,644
- Gross operating margin +€18,656
up €18,656 (+101%), from €18,487 to €37,143
- Staff costs +€3,876
up €3,876 (+172%), from €2,251 to €6,127
- Taxes +€3,380
new in 2025: €3,380
- Depreciation -€3,241
down €3,241 (-13.6%), from €23,895 to €20,654
- Financial charges +€1,403
up €1,403 (+69.8%), from €2,011 to €3,414
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 | €185,508 | €350,522 | +€165,014 | +89.0% |
| Fixed assets | 21/28 | €91,099 | €94,328 | +€3,229 | +3.5% |
| Tangible fixed assets | 22/27 | €90,601 | €93,830 | +€3,229 | +3.6% |
| Land and buildings | 22 | €56,053 | €54,595 | -€1,458 | -2.6% |
| Plant, machinery and equipment | 23 | €14,287 | €12,596 | -€1,691 | -11.8% |
| Furniture and vehicles | 24 | €20,261 | €26,639 | +€6,378 | +31.5% |
| Financial fixed assets | 28 | €498 | €498 | = | 0.0% |
| Current assets | 29/58 | €94,409 | €256,194 | +€161,785 | +171% |
| Stocks and contracts in progress | 3 | €1,876 | €191,515 | +€189,639 | +10,109% |
| Stocks | 30/36 | €1,876 | €191,515 | +€189,639 | +10,109% |
| Amounts receivable within one year | 40/41 | €36,730 | €24,020 | -€12,710 | -34.6% |
| Trade receivables | 40 | €36,730 | €17,898 | -€18,832 | -51.3% |
| Other amounts receivable | 41 | - | €6,122 | +€6,122 | |
| Cash at bank and in hand | 54/58 | €50,552 | €37,178 | -€13,374 | -26.5% |
| Deferred charges and accrued income | 490/1 | €5,251 | €3,481 | -€1,770 | -33.7% |
| Total equity and liabilities | 10/49 | €185,508 | €350,522 | +€165,014 | +89.0% |
| Equity | 10/15 | €84,179 | €86,252 | +€2,073 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,432 | €21,432 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,572 | €19,572 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,147 | €46,220 | +€2,073 | +4.7% |
| Amounts payable | 17/49 | €101,329 | €264,270 | +€162,941 | +161% |
| Amounts payable after more than one year | 17 | €31,604 | €115,485 | +€83,881 | +265% |
| Financial debts | 170/4 | €31,604 | €115,485 | +€83,881 | +265% |
| Amounts payable within one year | 42/48 | €69,725 | €148,785 | +€79,060 | +113% |
| Current portion of amounts payable after more than one year | 42 | €24,829 | €20,644 | -€4,185 | -16.9% |
| Trade debts | 44 | €22,507 | €19,425 | -€3,082 | -13.7% |
| Suppliers | 440/4 | €22,507 | €19,425 | -€3,082 | -13.7% |
| Taxes, remuneration and social security | 45 | €7,708 | €17,830 | +€10,122 | +131% |
| Taxes | 450/3 | €288 | - | -€288 | |
| Remuneration and social security | 454/9 | €7,420 | €17,830 | +€10,410 | +140% |
| Other amounts payable | 47/48 | €14,681 | €90,886 | +€76,205 | +519% |
| Remuneration, social security and pensions | 62 | €2,251 | €6,127 | +€3,876 | +172% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,895 | €20,654 | -€3,241 | -13.6% |
| Other operating charges | 640/8 | €2,344 | €2,250 | -€94 | -4.0% |
| Gross operating margin | 9900 | €18,487 | €37,143 | +€18,656 | +101% |
| Operating profit (loss) | 9901 | -€10,003 | €8,112 | +€18,115 | |
| Financial income | 75/76B | €734 | €755 | +€21 | +2.9% |
| Recurring financial income | 75 | €166 | €755 | +€589 | +355% |
| Non-recurring financial income | 76B | €568 | - | -€568 | |
| Financial charges | 65/66B | €2,011 | €3,414 | +€1,403 | +69.8% |
| Recurring financial charges | 65 | €2,011 | €3,414 | +€1,403 | +69.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,280 | €5,453 | +€16,733 | |
| Income taxes | 67/77 | - | €3,380 | +€3,380 | |
| Profit (loss) for the period | 9904 | -€11,280 | €2,073 | +€13,353 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,280 | €2,073 | +€13,353 |
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 27 October 2026 via checked.be.