Renova Ride: 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 Ride
Largest movements
- Receivables within one year +€37,933
up €37,933 (+169%), from €22,432 to €60,364
of which Other amounts receivable: +€23,255
- Cash +€34,883
up €34,883 (+11,996%), from €291 to €35,174
mainly Net result for the year (+€60,532) and Tax, wage and social debts (+€14,608)
- Tangible fixed assets +€1,907
new in 2025: €1,907
- Profit (loss) carried forward +€60,532
up €60,532 (+484%), from €12,516 to €73,048
- Tax, wage and social debts +€14,608
up €14,608 (+287%), from €5,096 to €19,704
of which Taxes: +€14,604
- Other debts -€1,200
down €1,200 (-100%), from €1,200 to €0
- Gross operating margin +€65,191
up €65,191 (+415%), from €15,719 to €80,910
- Taxes +€14,604
up €14,604 (+460%), from €3,178 to €17,783
- Financial charges +€1,273
up €1,273 (+5,193%), from €25 to €1,297
- Depreciation +€872
new in 2025: €872
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 | €22,723 | €97,445 | +€74,723 | +329% |
| Fixed assets | 21/28 | - | €1,907 | +€1,907 | |
| Tangible fixed assets | 22/27 | - | €1,907 | +€1,907 | |
| Plant, machinery and equipment | 23 | - | €1,907 | +€1,907 | |
| Current assets | 29/58 | €22,723 | €95,538 | +€72,816 | +320% |
| Amounts receivable within one year | 40/41 | €22,432 | €60,364 | +€37,933 | +169% |
| Trade receivables | 40 | €21,848 | €36,526 | +€14,678 | +67.2% |
| Other amounts receivable | 41 | €584 | €23,839 | +€23,255 | +3,983% |
| Cash at bank and in hand | 54/58 | €291 | €35,174 | +€34,883 | +11,996% |
| Total equity and liabilities | 10/49 | €22,723 | €97,445 | +€74,723 | +329% |
| Equity | 10/15 | €14,516 | €75,048 | +€60,532 | +417% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,516 | €73,048 | +€60,532 | +484% |
| Amounts payable | 17/49 | €8,206 | €22,397 | +€14,191 | +173% |
| Amounts payable within one year | 42/48 | €8,206 | €22,397 | +€14,191 | +173% |
| Trade debts | 44 | €1,910 | €2,693 | +€783 | +41.0% |
| Suppliers | 440/4 | €1,910 | €2,693 | +€783 | +41.0% |
| Taxes, remuneration and social security | 45 | €5,096 | €19,704 | +€14,608 | +287% |
| Taxes | 450/3 | €3,178 | €17,783 | +€14,604 | +460% |
| Remuneration and social security | 454/9 | €1,918 | €1,921 | +€3 | +0.2% |
| Other amounts payable | 47/48 | €1,200 | €0 | -€1,200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €872 | +€872 | |
| Other operating charges | 640/8 | - | €426 | +€426 | |
| Gross operating margin | 9900 | €15,719 | €80,910 | +€65,191 | +415% |
| Operating profit (loss) | 9901 | €15,719 | €79,612 | +€63,893 | +406% |
| Financial charges | 65/66B | €25 | €1,297 | +€1,273 | +5,193% |
| Recurring financial charges | 65 | €25 | €1,297 | +€1,273 | +5,193% |
| Profit (loss) for the period before taxes | 9903 | €15,695 | €78,315 | +€62,620 | +399% |
| Income taxes | 67/77 | €3,178 | €17,783 | +€14,604 | +460% |
| Profit (loss) for the period | 9904 | €12,516 | €60,532 | +€48,016 | +384% |
| Profit (loss) for the period to be appropriated | 9905 | €12,516 | €60,532 | +€48,016 | +384% |
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 31 October 2026 via checked.be.