RENOVALLY: 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.
RENOVALLY
Largest movements
- Tangible fixed assets +€25,422
up €25,422 (+167%), from €15,225 to €40,646
- Cash +€22,826
up €22,826 (+105%), from €21,674 to €44,500
mainly Net result for the year (+€27,620) and Trade debts (+€13,426)
- Receivables within one year -€3,456
down €3,456 (-49.9%), from €6,918 to €3,463
of which Trade receivables: -€3,114
- Profit (loss) carried forward +€24,966
up €24,966 (+69.4%), from €35,998 to €60,964
- Trade debts +€13,426
up €13,426 (+548%), from €2,448 to €15,874
- Other debts +€6,300
up €6,300 (+1,671%), from €377 to €6,677
- Gross operating margin +€21,530
up €21,530 (+159%), from €13,519 to €35,049
- Depreciation +€5,114
up €5,114 (+1,409%), from €363 to €5,477
- Other operating charges +€1,503
up €1,503 (+589%), from €255 to €1,758
- Taxes -€911
no longer reported in 2025 (was €911)
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 | €44,939 | €89,731 | +€44,792 | +99.7% |
| Fixed assets | 21/28 | €15,225 | €40,646 | +€25,422 | +167% |
| Tangible fixed assets | 22/27 | €15,225 | €40,646 | +€25,422 | +167% |
| Furniture and vehicles | 24 | €15,225 | €40,646 | +€25,422 | +167% |
| Current assets | 29/58 | €29,714 | €49,085 | +€19,371 | +65.2% |
| Stocks and contracts in progress | 3 | €950 | €950 | = | 0.0% |
| Stocks | 30/36 | €950 | €950 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,918 | €3,463 | -€3,456 | -49.9% |
| Trade receivables | 40 | €6,213 | €3,099 | -€3,114 | -50.1% |
| Other amounts receivable | 41 | €705 | €363 | -€342 | -48.5% |
| Cash at bank and in hand | 54/58 | €21,674 | €44,500 | +€22,826 | +105% |
| Deferred charges and accrued income | 490/1 | €172 | €172 | = | 0.0% |
| Total equity and liabilities | 10/49 | €44,939 | €89,731 | +€44,792 | +99.7% |
| Equity | 10/15 | €41,098 | €66,064 | +€24,966 | +60.7% |
| Contributions | 10/11 | €5,100 | €5,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,998 | €60,964 | +€24,966 | +69.4% |
| Amounts payable | 17/49 | €3,841 | €23,667 | +€19,826 | +516% |
| Amounts payable within one year | 42/48 | €3,841 | €23,667 | +€19,826 | +516% |
| Trade debts | 44 | €2,448 | €15,874 | +€13,426 | +548% |
| Suppliers | 440/4 | €2,448 | €15,874 | +€13,426 | +548% |
| Taxes, remuneration and social security | 45 | €1,016 | €1,116 | +€100 | +9.9% |
| Taxes | 450/3 | €1,016 | €1,116 | +€100 | +9.9% |
| Other amounts payable | 47/48 | €377 | €6,677 | +€6,300 | +1,671% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €363 | €5,477 | +€5,114 | +1,409% |
| Other operating charges | 640/8 | €255 | €1,758 | +€1,503 | +589% |
| Gross operating margin | 9900 | €13,519 | €35,049 | +€21,530 | +159% |
| Operating profit (loss) | 9901 | €12,902 | €27,815 | +€14,913 | +116% |
| Financial charges | 65/66B | €128 | €195 | +€67 | +52.9% |
| Recurring financial charges | 65 | €128 | €195 | +€67 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €12,774 | €27,620 | +€14,846 | +116% |
| Income taxes | 67/77 | €911 | - | -€911 | |
| Profit (loss) for the period | 9904 | €11,863 | €27,620 | +€15,757 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €11,863 | €27,620 | +€15,757 | +133% |
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 14 October 2026 via checked.be.