RENOVA MH: 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 MH
Largest movements
- Receivables within one year +€4,480
up €4,480 (+109%), from €4,127 to €8,607
of which Other amounts receivable: +€4,219
- Tangible fixed assets -€4,186
down €4,186 (-30.9%), from €13,535 to €9,349
- Cash -€2,445
down €2,445 (-61.9%), from €3,952 to €1,506
mainly Receivables within one year (-€4,480) and Debts after one year (-€3,594)
- Debts after one year -€3,594
down €3,594 (-44.8%), from €8,023 to €4,429
- Profit (loss) carried forward +€1,399
up €1,399 (+14.6%), from -€9,609 to -€8,210
- Other debts -€601
no longer reported in 2024 (was €601)
- Trade debts +€484
up €484 (+64.8%), from €746 to €1,230
- Turnover +€9,418
up €9,418 (+19.0%), from €49,505 to €58,923
- Purchases and services +€5,825
up €5,825 (+12.9%), from €45,305 to €51,130
- Gross operating margin +€3,592
up €3,592 (+85.5%), from €4,200 to €7,793
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 | €21,778 | €19,644 | -€2,134 | -9.8% |
| Fixed assets | 21/28 | €13,700 | €9,531 | -€4,169 | -30.4% |
| Tangible fixed assets | 22/27 | €13,535 | €9,349 | -€4,186 | -30.9% |
| Leasing and similar rights | 25 | €13,535 | €9,349 | -€4,186 | -30.9% |
| Financial fixed assets | 28 | €165 | €182 | +€17 | +10.3% |
| Current assets | 29/58 | €8,078 | €10,113 | +€2,035 | +25.2% |
| Amounts receivable within one year | 40/41 | €4,127 | €8,607 | +€4,480 | +109% |
| Trade receivables | 40 | €2,676 | €2,937 | +€261 | +9.8% |
| Other amounts receivable | 41 | €1,451 | €5,670 | +€4,219 | +291% |
| Cash at bank and in hand | 54/58 | €3,952 | €1,506 | -€2,445 | -61.9% |
| Total equity and liabilities | 10/49 | €21,778 | €19,644 | -€2,134 | -9.8% |
| Equity | 10/15 | €8,991 | €10,390 | +€1,399 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,609 | -€8,210 | +€1,399 | +14.6% |
| Amounts payable | 17/49 | €12,787 | €9,254 | -€3,533 | -27.6% |
| Amounts payable after more than one year | 17 | €8,023 | €4,429 | -€3,594 | -44.8% |
| Financial debts | 170/4 | €8,023 | €4,429 | -€3,594 | -44.8% |
| Amounts payable within one year | 42/48 | €4,764 | €4,824 | +€61 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €3,417 | €3,594 | +€177 | +5.2% |
| Trade debts | 44 | €746 | €1,230 | +€484 | +64.8% |
| Suppliers | 440/4 | €746 | €1,230 | +€484 | +64.8% |
| Other amounts payable | 47/48 | €601 | - | -€601 | |
| Turnover | 70 | €49,505 | €58,923 | +€9,418 | +19.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €45,305 | €51,130 | +€5,825 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,186 | €4,186 | = | 0.0% |
| Other operating charges | 640/8 | €794 | €1,027 | +€233 | +29.4% |
| Gross operating margin | 9900 | €4,200 | €7,793 | +€3,592 | +85.5% |
| Operating profit (loss) | 9901 | -€779 | €2,580 | +€3,359 | |
| Financial income | 75/76B | €513 | €60 | -€453 | -88.2% |
| Recurring financial income | 75 | €513 | €1 | -€512 | -99.9% |
| Non-recurring financial income | 76B | €513 | €60 | -€453 | -88.3% |
| Financial charges | 65/66B | €922 | €1,241 | +€320 | +34.7% |
| Recurring financial charges | 65 | €916 | €754 | -€162 | -17.7% |
| Non-recurring financial charges | 66B | €6 | €488 | +€482 | +8,546% |
| Profit (loss) for the period before taxes | 9903 | -€1,188 | €1,399 | +€2,587 | |
| Income taxes | 67/77 | €150 | - | -€150 | |
| Profit (loss) for the period | 9904 | -€1,338 | €1,399 | +€2,737 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,338 | €1,399 | +€2,737 |
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 21 October 2026 via checked.be.