RENOVA-RIF: 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-RIF
Largest movements
- Cash -€3,705
down €3,705 (-14.0%), from €26,551 to €22,846
mainly Trade debts (-€5,403) and Other debts (-€1,307)
- Receivables within one year -€1,677
down €1,677 (-10.0%), from €16,775 to €15,098
of which Other amounts receivable: -€1,538
- Trade debts -€5,403
down €5,403 (-52.6%), from €10,275 to €4,872
- Other debts -€1,307
down €1,307 (-29.9%), from €4,371 to €3,064
- Profit (loss) carried forward +€853
up €853 (+7.7%), from €11,046 to €11,899
- Tax, wage and social debts +€475
up €475 (+3.5%), from €13,633 to €14,108
- Financial charges -€906
down €906 (-27.3%), from €3,323 to €2,417
- Gross operating margin -€848
down €848 (-15.6%), from €5,428 to €4,579
- Taxes -€568
down €568 (-72.5%), from €784 to €215
- Other operating charges +€66
up €66 (+6.4%), from €1,028 to €1,094
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 | €43,326 | €37,944 | -€5,382 | -12.4% |
| Current assets | 29/58 | €43,326 | €37,944 | -€5,382 | -12.4% |
| Amounts receivable within one year | 40/41 | €16,775 | €15,098 | -€1,677 | -10.0% |
| Trade receivables | 40 | €14,211 | €14,072 | -€139 | -1.0% |
| Other amounts receivable | 41 | €2,564 | €1,026 | -€1,538 | -60.0% |
| Cash at bank and in hand | 54/58 | €26,551 | €22,846 | -€3,705 | -14.0% |
| Total equity and liabilities | 10/49 | €43,326 | €37,944 | -€5,382 | -12.4% |
| Equity | 10/15 | €15,046 | €15,899 | +€853 | +5.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,046 | €11,899 | +€853 | +7.7% |
| Amounts payable | 17/49 | €28,280 | €22,045 | -€6,235 | -22.0% |
| Amounts payable within one year | 42/48 | €28,280 | €22,045 | -€6,235 | -22.0% |
| Trade debts | 44 | €10,275 | €4,872 | -€5,403 | -52.6% |
| Suppliers | 440/4 | €10,275 | €4,872 | -€5,403 | -52.6% |
| Taxes, remuneration and social security | 45 | €13,633 | €14,108 | +€475 | +3.5% |
| Remuneration and social security | 454/9 | €13,633 | €14,108 | +€475 | +3.5% |
| Other amounts payable | 47/48 | €4,371 | €3,064 | -€1,307 | -29.9% |
| Other operating charges | 640/8 | €1,028 | €1,094 | +€66 | +6.4% |
| Gross operating margin | 9900 | €5,428 | €4,579 | -€848 | -15.6% |
| Operating profit (loss) | 9901 | €4,400 | €3,485 | -€914 | -20.8% |
| Financial charges | 65/66B | €3,323 | €2,417 | -€906 | -27.3% |
| Recurring financial charges | 65 | €3,323 | €2,417 | -€906 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €1,077 | €1,068 | -€9 | -0.8% |
| Income taxes | 67/77 | €784 | €215 | -€568 | -72.5% |
| Profit (loss) for the period | 9904 | €293 | €853 | +€560 | +191% |
| Profit (loss) for the period to be appropriated | 9905 | €293 | €853 | +€560 | +191% |
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 1 November 2026 via checked.be.