RENOVA&GO: 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&GO
Largest movements
- Tangible fixed assets -€4,467
down €4,467 (-50.0%), from €8,933 to €4,467
- Cash +€461
up €461 (+3.4%), from €13,490 to €13,952
mainly Tax, wage and social debts (+€4,676) and Depreciation (+€4,467)
- Other debts -€13,666
down €13,666 (-92.3%), from €14,800 to €1,135
- Tax, wage and social debts +€4,676
new in 2025: €4,676
- Trade debts +€4,345
up €4,345 (+56.0%), from €7,756 to €12,101
- Profit (loss) carried forward +€476
up €476 (+5.2%), from €9,165 to €9,641
- Staff costs +€21,919
new in 2025: €21,919
- Gross operating margin +€15,331
up €15,331 (+107%), from €14,347 to €29,679
- Taxes +€2,497
new in 2025: €2,497
- Other operating charges -€435
down €435 (-77.3%), from €563 to €128
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 | €34,720 | €30,552 | -€4,168 | -12.0% |
| Fixed assets | 21/28 | €8,933 | €4,467 | -€4,467 | -50.0% |
| Tangible fixed assets | 22/27 | €8,933 | €4,467 | -€4,467 | -50.0% |
| Furniture and vehicles | 24 | €8,933 | €4,467 | -€4,467 | -50.0% |
| Current assets | 29/58 | €25,787 | €26,085 | +€298 | +1.2% |
| Amounts receivable within one year | 40/41 | €12,296 | €12,134 | -€163 | -1.3% |
| Trade receivables | 40 | €9,605 | €9,902 | +€296 | +3.1% |
| Other amounts receivable | 41 | €2,691 | €2,232 | -€459 | -17.1% |
| Cash at bank and in hand | 54/58 | €13,490 | €13,952 | +€461 | +3.4% |
| Total equity and liabilities | 10/49 | €34,720 | €30,552 | -€4,168 | -12.0% |
| Equity | 10/15 | €12,165 | €12,641 | +€476 | +3.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,165 | €9,641 | +€476 | +5.2% |
| Amounts payable | 17/49 | €22,556 | €17,911 | -€4,644 | -20.6% |
| Amounts payable within one year | 42/48 | €22,556 | €17,911 | -€4,644 | -20.6% |
| Trade debts | 44 | €7,756 | €12,101 | +€4,345 | +56.0% |
| Suppliers | 440/4 | €7,756 | €12,101 | +€4,345 | +56.0% |
| Taxes, remuneration and social security | 45 | - | €4,676 | +€4,676 | |
| Remuneration and social security | 454/9 | - | €4,676 | +€4,676 | |
| Other amounts payable | 47/48 | €14,800 | €1,135 | -€13,666 | -92.3% |
| Non-recurring operating income | 76A | €3,808 | €0 | -€3,808 | -100% |
| Remuneration, social security and pensions | 62 | - | €21,919 | +€21,919 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,467 | €4,467 | = | 0.0% |
| Other operating charges | 640/8 | €563 | €128 | -€435 | -77.3% |
| Gross operating margin | 9900 | €14,347 | €29,679 | +€15,331 | +107% |
| Operating profit (loss) | 9901 | €9,318 | €3,166 | -€6,152 | -66.0% |
| Financial charges | 65/66B | €153 | €192 | +€39 | +25.3% |
| Recurring financial charges | 65 | €153 | €192 | +€39 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €9,165 | €2,973 | -€6,191 | -67.6% |
| Income taxes | 67/77 | - | €2,497 | +€2,497 | |
| Profit (loss) for the period | 9904 | €9,165 | €476 | -€8,688 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,165 | €476 | -€8,688 | -94.8% |
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 25 October 2026 via checked.be.