RenovaDan: 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.
RenovaDan
Largest movements
- Tangible fixed assets -€11,309
down €11,309 (-43.2%), from €26,194 to €14,885
of which Plant, machinery and equipment: -€5,973
- Cash -€9,273
down €9,273 (-91.2%), from €10,172 to €899
mainly Current portion of long-term debt (-€8,352) and Net result for the year (-€6,281)
- Receivables within one year +€2,016
up €2,016 (+11.7%), from €17,232 to €19,247
of which Trade receivables: +€1,522
- Current portion of long-term debt -€8,352
no longer reported in 2025 (was €8,352)
- Profit (loss) carried forward -€6,281
new in 2025: -€6,281
- Tax, wage and social debts -€5,248
down €5,248 (-79.5%), from €6,597 to €1,349
of which Taxes: -€3,126
- Trade debts +€3,360
up €3,360 (+55.9%), from €6,014 to €9,375
- Debts after one year -€2,150
no longer reported in 2025 (was €2,150)
- Gross operating margin -€7,445
down €7,445 (-67.7%), from €10,992 to €3,547
- Other operating charges -€960
down €960 (-60.4%), from €1,591 to €630
- Taxes -€794
no longer reported in 2025 (was €794)
- Financial charges -€719
down €719 (-79.1%), from €909 to €190
- Depreciation -€372
down €372 (-5.0%), from €7,461 to €7,089
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 | €54,911 | €36,345 | -€18,566 | -33.8% |
| Fixed assets | 21/28 | €27,507 | €16,198 | -€11,309 | -41.1% |
| Tangible fixed assets | 22/27 | €26,194 | €14,885 | -€11,309 | -43.2% |
| Plant, machinery and equipment | 23 | €16,610 | €10,637 | -€5,973 | -36.0% |
| Furniture and vehicles | 24 | €9,585 | €4,248 | -€5,336 | -55.7% |
| Financial fixed assets | 28 | €1,313 | €1,313 | = | 0.0% |
| Current assets | 29/58 | €27,404 | €20,146 | -€7,257 | -26.5% |
| Amounts receivable within one year | 40/41 | €17,232 | €19,247 | +€2,016 | +11.7% |
| Trade receivables | 40 | €13,163 | €14,684 | +€1,522 | +11.6% |
| Other amounts receivable | 41 | €4,069 | €4,563 | +€494 | +12.1% |
| Cash at bank and in hand | 54/58 | €10,172 | €899 | -€9,273 | -91.2% |
| Total equity and liabilities | 10/49 | €54,911 | €36,345 | -€18,566 | -33.8% |
| Equity | 10/15 | €30,364 | €24,083 | -€6,281 | -20.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,364 | €25,364 | = | 0.0% |
| Distributable reserves | 133 | €25,364 | €25,364 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,281 | -€6,281 | |
| Amounts payable | 17/49 | €24,547 | €12,262 | -€12,285 | -50.0% |
| Amounts payable after more than one year | 17 | €2,150 | - | -€2,150 | |
| Financial debts | 170/4 | €2,150 | - | -€2,150 | |
| Amounts payable within one year | 42/48 | €22,397 | €12,262 | -€10,135 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €8,352 | - | -€8,352 | |
| Trade debts | 44 | €6,014 | €9,375 | +€3,360 | +55.9% |
| Suppliers | 440/4 | €6,014 | €9,375 | +€3,360 | +55.9% |
| Taxes, remuneration and social security | 45 | €6,597 | €1,349 | -€5,248 | -79.5% |
| Taxes | 450/3 | €4,475 | €1,349 | -€3,126 | -69.9% |
| Remuneration and social security | 454/9 | €2,122 | - | -€2,122 | |
| Other amounts payable | 47/48 | €1,434 | €1,538 | +€104 | +7.3% |
| Non-recurring operating income | 76A | - | €4,727 | +€4,727 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,461 | €7,089 | -€372 | -5.0% |
| Other operating charges | 640/8 | €1,591 | €630 | -€960 | -60.4% |
| Non-recurring operating charges | 66A | - | €1,919 | +€1,919 | |
| Gross operating margin | 9900 | €10,992 | €3,547 | -€7,445 | -67.7% |
| Operating profit (loss) | 9901 | €1,941 | -€6,091 | -€8,031 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -97.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -97.6% |
| Financial charges | 65/66B | €909 | €190 | -€719 | -79.1% |
| Recurring financial charges | 65 | €909 | €190 | -€719 | -79.1% |
| Profit (loss) for the period before taxes | 9903 | €1,033 | -€6,281 | -€7,314 | |
| Income taxes | 67/77 | €794 | - | -€794 | |
| Profit (loss) for the period | 9904 | €239 | -€6,281 | -€6,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €239 | -€6,281 | -€6,519 |
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 15 October 2026 via checked.be.