RENOVA.LUX: 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.LUX
Largest movements
- Receivables within one year +€8,243
up €8,243 (+7.9%), from €104,231 to €112,474
of which Other amounts receivable: +€10,832
- Tangible fixed assets +€7,335
new in 2025: €7,335
- Cash -€2,008
down €2,008 (-93.5%), from €2,147 to €139
mainly Investment in fixed assets (net) (-€12,000) and Receivables within one year (-€8,243)
- Profit (loss) carried forward +€15,246
up €15,246 (+47.9%), from €31,852 to €47,098
- Purchases and services +€21,053
up €21,053 (+29.4%), from €71,660 to €92,713
- Gross operating margin -€16,558
down €16,558 (-46.1%), from €35,891 to €19,333
- Turnover +€4,224
up €4,224 (+3.9%), from €107,552 to €111,776
- Depreciation +€2,252
up €2,252 (+159%), from €1,413 to €3,665
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 | €106,962 | €121,532 | +€14,570 | +13.6% |
| Fixed assets | 21/28 | €584 | €8,919 | +€8,335 | +1,427% |
| Tangible fixed assets | 22/27 | - | €7,335 | +€7,335 | |
| Furniture and vehicles | 24 | - | €7,335 | +€7,335 | |
| Financial fixed assets | 28 | €584 | €1,584 | +€1,000 | +171% |
| Current assets | 29/58 | €106,378 | €112,613 | +€6,235 | +5.9% |
| Amounts receivable within one year | 40/41 | €104,231 | €112,474 | +€8,243 | +7.9% |
| Trade receivables | 40 | €14,592 | €12,003 | -€2,589 | -17.7% |
| Other amounts receivable | 41 | €89,639 | €100,471 | +€10,832 | +12.1% |
| Cash at bank and in hand | 54/58 | €2,147 | €139 | -€2,008 | -93.5% |
| Total equity and liabilities | 10/49 | €106,962 | €121,532 | +€14,570 | +13.6% |
| Equity | 10/15 | €51,509 | €66,755 | +€15,246 | +29.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,057 | €1,057 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,057 | €1,057 | = | 0.0% |
| Legal reserve | 130 | €1,057 | €1,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,852 | €47,098 | +€15,246 | +47.9% |
| Amounts payable | 17/49 | €55,453 | €54,777 | -€676 | -1.2% |
| Amounts payable within one year | 42/48 | €55,453 | €54,777 | -€676 | -1.2% |
| Trade debts | 44 | €15,853 | €15,177 | -€676 | -4.3% |
| Suppliers | 440/4 | €15,853 | €15,177 | -€676 | -4.3% |
| Other amounts payable | 47/48 | €39,600 | €39,600 | = | 0.0% |
| Turnover | 70 | €107,552 | €111,776 | +€4,224 | +3.9% |
| Non-recurring operating income | 76A | - | €270 | +€270 | |
| Goods, raw materials, services and sundry goods | 60/61 | €71,660 | €92,713 | +€21,053 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,413 | €3,665 | +€2,252 | +159% |
| Other operating charges | 640/8 | €571 | €422 | -€149 | -26.1% |
| Gross operating margin | 9900 | €35,891 | €19,333 | -€16,558 | -46.1% |
| Operating profit (loss) | 9901 | €33,907 | €15,246 | -€18,661 | -55.0% |
| Profit (loss) for the period before taxes | 9903 | €33,907 | €15,246 | -€18,661 | -55.0% |
| Profit (loss) for the period | 9904 | €33,907 | €15,246 | -€18,661 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,907 | €15,246 | -€18,661 | -55.0% |
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.