RENOVA ONE: 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 ONE
Largest movements
- Receivables within one year -€37,653
down €37,653 (-73.5%), from €51,222 to €13,568
of which Trade receivables: -€32,282
- Cash -€7,902
down €7,902 (-11.6%), from €68,101 to €60,199
mainly Net result for the year (-€37,133) and Trade debts (-€20,679)
- Tangible fixed assets -€3,503
down €3,503 (-37.3%), from €9,397 to €5,894
of which Furniture and vehicles: -€1,953
- Stocks and contracts -€1,356
down €1,356 (-100%), from €1,356 to €0
- Profit (loss) carried forward -€37,133
down €37,133 (-90.2%), from €41,166 to €4,033
- Trade debts -€20,679
down €20,679 (-77.0%), from €26,857 to €6,178
- Other debts +€8,830
up €8,830 (+46.9%), from €18,811 to €27,641
- Contributions +€1,860
up €1,860 (+30.0%), from €6,200 to €8,060
- Reserves -€1,860
down €1,860 (-5.2%), from €35,451 to €33,591
of which Non-distributable reserves: -€1,860
- Gross operating margin -€51,602
down €51,602, from €16,010 to -€35,592
- Staff costs -€11,258
down €11,258, from €10,410 to -€848
- Taxes -€10,275
down €10,275, from €5,229 to -€5,046
- Other operating charges +€2,407
up €2,407 (+200%), from €1,205 to €3,612
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 | €132,074 | €81,809 | -€50,265 | -38.1% |
| Fixed assets | 21/28 | €9,472 | €5,969 | -€3,503 | -37.0% |
| Tangible fixed assets | 22/27 | €9,397 | €5,894 | -€3,503 | -37.3% |
| Plant, machinery and equipment | 23 | €336 | €86 | -€251 | -74.5% |
| Furniture and vehicles | 24 | €2,356 | €403 | -€1,953 | -82.9% |
| Other tangible fixed assets | 26 | €6,704 | €5,405 | -€1,300 | -19.4% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €122,602 | €75,840 | -€46,762 | -38.1% |
| Stocks and contracts in progress | 3 | €1,356 | €0 | -€1,356 | -100% |
| Stocks | 30/36 | €1,356 | €0 | -€1,356 | -100% |
| Amounts receivable within one year | 40/41 | €51,222 | €13,568 | -€37,653 | -73.5% |
| Trade receivables | 40 | €45,233 | €12,951 | -€32,282 | -71.4% |
| Other amounts receivable | 41 | €5,988 | €617 | -€5,371 | -89.7% |
| Cash at bank and in hand | 54/58 | €68,101 | €60,199 | -€7,902 | -11.6% |
| Deferred charges and accrued income | 490/1 | €1,923 | €2,073 | +€149 | +7.8% |
| Total equity and liabilities | 10/49 | €132,074 | €81,809 | -€50,265 | -38.1% |
| Equity | 10/15 | €82,817 | €45,684 | -€37,133 | -44.8% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Reserves | 13 | €35,451 | €33,591 | -€1,860 | -5.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €33,591 | €33,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,166 | €4,033 | -€37,133 | -90.2% |
| Amounts payable | 17/49 | €49,257 | €36,125 | -€13,132 | -26.7% |
| Amounts payable within one year | 42/48 | €49,257 | €36,125 | -€13,132 | -26.7% |
| Trade debts | 44 | €26,857 | €6,178 | -€20,679 | -77.0% |
| Suppliers | 440/4 | €26,857 | €6,178 | -€20,679 | -77.0% |
| Taxes, remuneration and social security | 45 | €3,589 | €2,306 | -€1,283 | -35.7% |
| Taxes | 450/3 | €229 | €0 | -€229 | -100% |
| Remuneration and social security | 454/9 | €3,360 | €2,306 | -€1,054 | -31.4% |
| Other amounts payable | 47/48 | €18,811 | €27,641 | +€8,830 | +46.9% |
| Remuneration, social security and pensions | 62 | €10,410 | -€848 | -€11,258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,502 | €3,503 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,205 | €3,612 | +€2,407 | +200% |
| Gross operating margin | 9900 | €16,010 | -€35,592 | -€51,602 | |
| Operating profit (loss) | 9901 | €893 | -€41,859 | -€42,752 | |
| Financial income | 75/76B | €5 | €1 | -€4 | -83.6% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -83.6% |
| Financial charges | 65/66B | €441 | €320 | -€121 | -27.3% |
| Recurring financial charges | 65 | €441 | €320 | -€121 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €457 | -€42,178 | -€42,635 | |
| Income taxes | 67/77 | €5,229 | -€5,046 | -€10,275 | |
| Profit (loss) for the period | 9904 | -€4,772 | -€37,133 | -€32,360 | -678% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,772 | -€37,133 | -€32,360 | -678% |
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 24 October 2026 via checked.be.