RENOVANEUF: 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.
RENOVANEUF
Largest movements
- Cash +€4,830
up €4,830 (+17.9%), from €26,930 to €31,760
mainly Net result for the year (+€5,021) and Depreciation (+€2,501)
- Receivables within one year -€1,266
down €1,266 (-46.4%), from €2,729 to €1,463
- Deferred charges and accrued income +€928
new in 2025: €928
- Tangible fixed assets -€582
down €582 (-12.7%), from €4,589 to €4,007
of which Furniture and vehicles: -€2,118
- Profit (loss) carried forward +€5,021
up €5,021 (+58.3%), from €8,615 to €13,636
- Trade debts -€2,245
down €2,245 (-73.3%), from €3,061 to €816
- Tax, wage and social debts +€1,294
up €1,294 (+22.7%), from €5,696 to €6,990
of which Remuneration and social security: +€1,858
- Gross operating margin -€19,318
down €19,318 (-25.9%), from €74,534 to €55,216
- Staff costs -€12,488
down €12,488 (-21.5%), from €58,027 to €45,539
- Depreciation -€2,548
down €2,548 (-50.5%), from €5,048 to €2,501
- Taxes -€905
down €905 (-41.3%), from €2,190 to €1,285
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 | €34,247 | €38,158 | +€3,911 | +11.4% |
| Fixed assets | 21/28 | €4,589 | €4,007 | -€582 | -12.7% |
| Tangible fixed assets | 22/27 | €4,589 | €4,007 | -€582 | -12.7% |
| Plant, machinery and equipment | 23 | - | €1,536 | +€1,536 | |
| Furniture and vehicles | 24 | €4,589 | €2,471 | -€2,118 | -46.2% |
| Current assets | 29/58 | €29,659 | €34,151 | +€4,492 | +15.1% |
| Amounts receivable within one year | 40/41 | €2,729 | €1,463 | -€1,266 | -46.4% |
| Trade receivables | 40 | €2,729 | €1,463 | -€1,266 | -46.4% |
| Cash at bank and in hand | 54/58 | €26,930 | €31,760 | +€4,830 | +17.9% |
| Deferred charges and accrued income | 490/1 | - | €928 | +€928 | |
| Total equity and liabilities | 10/49 | €34,247 | €38,158 | +€3,911 | +11.4% |
| Equity | 10/15 | €10,615 | €15,636 | +€5,021 | +47.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,615 | €13,636 | +€5,021 | +58.3% |
| Amounts payable | 17/49 | €23,632 | €22,522 | -€1,110 | -4.7% |
| Amounts payable within one year | 42/48 | €23,632 | €22,522 | -€1,110 | -4.7% |
| Trade debts | 44 | €3,061 | €816 | -€2,245 | -73.3% |
| Suppliers | 440/4 | €3,061 | €816 | -€2,245 | -73.3% |
| Taxes, remuneration and social security | 45 | €5,696 | €6,990 | +€1,294 | +22.7% |
| Taxes | 450/3 | €4,337 | €3,773 | -€564 | -13.0% |
| Remuneration and social security | 454/9 | €1,360 | €3,217 | +€1,858 | +137% |
| Other amounts payable | 47/48 | €14,876 | €14,716 | -€160 | -1.1% |
| Remuneration, social security and pensions | 62 | €58,027 | €45,539 | -€12,488 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,048 | €2,501 | -€2,548 | -50.5% |
| Other operating charges | 640/8 | €1,069 | €740 | -€330 | -30.8% |
| Non-recurring operating charges | 66A | €58 | €58 | = | 0.0% |
| Gross operating margin | 9900 | €74,534 | €55,216 | -€19,318 | -25.9% |
| Operating profit (loss) | 9901 | €10,332 | €6,379 | -€3,953 | -38.3% |
| Financial income | 75/76B | €583 | - | -€583 | |
| Recurring financial income | 75 | €583 | - | -€583 | |
| Financial charges | 65/66B | €110 | €72 | -€38 | -34.4% |
| Recurring financial charges | 65 | €110 | €72 | -€38 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €10,805 | €6,306 | -€4,498 | -41.6% |
| Income taxes | 67/77 | €2,190 | €1,285 | -€905 | -41.3% |
| Profit (loss) for the period | 9904 | €8,615 | €5,021 | -€3,594 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,615 | €5,021 | -€3,594 | -41.7% |
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.