RENOVALL: 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.
RENOVALL
Largest movements
- Receivables within one year +€9,150
up €9,150 (+83.9%), from €10,909 to €20,059
of which Trade receivables: +€7,480
- Tangible fixed assets -€2,102
down €2,102 (-44.4%), from €4,730 to €2,629
of which Plant, machinery and equipment: -€1,952
- Profit (loss) carried forward +€4,312
up €4,312 (+36.1%), from -€11,941 to -€7,629
- Short-term financial debts +€3,323
up €3,323 (+341%), from €974 to €4,296
- Other debts -€2,072
down €2,072 (-37.8%), from €5,487 to €3,415
- Trade debts +€1,486
up €1,486 (+225%), from €659 to €2,145
- Gross operating margin +€7,151
up €7,151 (+651%), from €1,099 to €8,250
- Financial charges -€5,833
down €5,833 (-83.1%), from €7,017 to €1,183
- Other operating charges -€596
down €596 (-71.6%), from €832 to €236
- Depreciation -€518
down €518 (-17.1%), from €3,036 to €2,518
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,639 | €22,688 | +€7,048 | +45.1% |
| Fixed assets | 21/28 | €4,730 | €2,629 | -€2,102 | -44.4% |
| Tangible fixed assets | 22/27 | €4,730 | €2,629 | -€2,102 | -44.4% |
| Plant, machinery and equipment | 23 | €4,268 | €2,316 | -€1,952 | -45.7% |
| Furniture and vehicles | 24 | €462 | €312 | -€150 | -32.4% |
| Current assets | 29/58 | €10,909 | €20,059 | +€9,150 | +83.9% |
| Amounts receivable within one year | 40/41 | €10,909 | €20,059 | +€9,150 | +83.9% |
| Trade receivables | 40 | €10,355 | €17,835 | +€7,480 | +72.2% |
| Other amounts receivable | 41 | €554 | €2,224 | +€1,670 | +302% |
| Total equity and liabilities | 10/49 | €15,639 | €22,688 | +€7,048 | +45.1% |
| Equity | 10/15 | €8,519 | €12,831 | +€4,312 | +50.6% |
| 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 | -€11,941 | -€7,629 | +€4,312 | +36.1% |
| Amounts payable | 17/49 | €7,120 | €9,857 | +€2,736 | +38.4% |
| Amounts payable within one year | 42/48 | €7,120 | €9,857 | +€2,736 | +38.4% |
| Financial debts | 43 | €974 | €4,296 | +€3,323 | +341% |
| Credit institutions | 430/8 | €974 | €4,296 | +€3,323 | +341% |
| Trade debts | 44 | €659 | €2,145 | +€1,486 | +225% |
| Suppliers | 440/4 | €659 | €2,145 | +€1,486 | +225% |
| Other amounts payable | 47/48 | €5,487 | €3,415 | -€2,072 | -37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,036 | €2,518 | -€518 | -17.1% |
| Other operating charges | 640/8 | €832 | €236 | -€596 | -71.6% |
| Gross operating margin | 9900 | €1,099 | €8,250 | +€7,151 | +651% |
| Operating profit (loss) | 9901 | -€2,770 | €5,496 | +€8,265 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €7,017 | €1,183 | -€5,833 | -83.1% |
| Recurring financial charges | 65 | €7,017 | €1,183 | -€5,833 | -83.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,785 | €4,312 | +€14,098 | |
| Profit (loss) for the period | 9904 | -€9,785 | €4,312 | +€14,098 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,785 | €4,312 | +€14,098 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.