RENOVA PROJETS: 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 PROJETS
Largest movements
- Receivables within one year +€12,321
up €12,321 (+1,820%), from €677 to €12,998
of which Trade receivables: +€10,983
- Cash +€765
up €765 (+89.6%), from €853 to €1,617
mainly Net result for the year (+€6,117) and Other debts (+€3,985)
- Profit (loss) carried forward +€6,117
up €6,117 (+15.3%), from -€39,886 to -€33,769
- Other debts +€3,985
up €3,985 (+20.7%), from €19,212 to €23,197
- Tax, wage and social debts +€2,016
new in 2025: €2,016
- Trade debts +€968
up €968 (+55.5%), from €1,744 to €2,712
- Gross operating margin +€13,755
up €13,755, from -€7,589 to €6,165
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €1,530 | €14,616 | +€13,086 | +855% |
| Current assets | 29/58 | €1,530 | €14,616 | +€13,086 | +855% |
| Amounts receivable within one year | 40/41 | €677 | €12,998 | +€12,321 | +1,820% |
| Trade receivables | 40 | €363 | €11,346 | +€10,983 | +3,026% |
| Other amounts receivable | 41 | €314 | €1,653 | +€1,339 | +426% |
| Cash at bank and in hand | 54/58 | €853 | €1,617 | +€765 | +89.6% |
| Total equity and liabilities | 10/49 | €1,530 | €14,616 | +€13,086 | +855% |
| Equity | 10/15 | -€19,426 | -€13,309 | +€6,117 | +31.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€39,886 | -€33,769 | +€6,117 | +15.3% |
| Amounts payable | 17/49 | €20,956 | €27,925 | +€6,969 | +33.3% |
| Amounts payable within one year | 42/48 | €20,956 | €27,925 | +€6,969 | +33.3% |
| Trade debts | 44 | €1,744 | €2,712 | +€968 | +55.5% |
| Suppliers | 440/4 | €1,744 | €2,712 | +€968 | +55.5% |
| Taxes, remuneration and social security | 45 | - | €2,016 | +€2,016 | |
| Taxes | 450/3 | - | €2,016 | +€2,016 | |
| Other amounts payable | 47/48 | €19,212 | €23,197 | +€3,985 | +20.7% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€7,589 | €6,165 | +€13,755 | |
| Operating profit (loss) | 9901 | -€7,974 | €6,165 | +€14,139 | |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €111 | €93 | -€19 | -16.7% |
| Recurring financial charges | 65 | €111 | €93 | -€19 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,085 | €6,117 | +€14,202 | |
| Profit (loss) for the period | 9904 | -€8,085 | €6,117 | +€14,202 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,085 | €6,117 | +€14,202 |
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.