RENOVAPRO: 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.
RENOVAPRO
Largest movements
- Cash -€61,601
down €61,601 (-37.9%), from €162,372 to €100,771
mainly Trade debts (-€81,936) and Tax, wage and social debts (-€6,653)
- Deferred charges and accrued income -€6,133
down €6,133 (-57.3%), from €10,711 to €4,578
- Tangible fixed assets -€5,868
down €5,868 (-26.7%), from €21,973 to €16,106
of which Furniture and vehicles: -€5,700
- Receivables within one year -€4,514
down €4,514 (-6.8%), from €66,354 to €61,841
of which Trade receivables: -€3,568
- Trade debts -€81,936
down €81,936 (-62.4%), from €131,385 to €49,449
- Tax, wage and social debts -€6,653
down €6,653 (-37.6%), from €17,676 to €11,024
of which Remuneration and social security: -€5,571
- Profit (loss) carried forward +€5,828
up €5,828 (+6.9%), from €84,709 to €90,537
- Other debts +€4,646
up €4,646 (+59.7%), from €7,780 to €12,426
- Gross operating margin -€3,400
down €3,400 (-2.4%), from €140,367 to €136,967
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 | €261,410 | €183,296 | -€78,115 | -29.9% |
| Fixed assets | 21/28 | €21,973 | €16,106 | -€5,868 | -26.7% |
| Tangible fixed assets | 22/27 | €21,973 | €16,106 | -€5,868 | -26.7% |
| Plant, machinery and equipment | 23 | €168 | - | -€168 | |
| Furniture and vehicles | 24 | €21,805 | €16,106 | -€5,700 | -26.1% |
| Current assets | 29/58 | €239,437 | €167,190 | -€72,247 | -30.2% |
| Amounts receivable within one year | 40/41 | €66,354 | €61,841 | -€4,514 | -6.8% |
| Trade receivables | 40 | €29,784 | €26,216 | -€3,568 | -12.0% |
| Other amounts receivable | 41 | €36,571 | €35,625 | -€946 | -2.6% |
| Cash at bank and in hand | 54/58 | €162,372 | €100,771 | -€61,601 | -37.9% |
| Deferred charges and accrued income | 490/1 | €10,711 | €4,578 | -€6,133 | -57.3% |
| Total equity and liabilities | 10/49 | €261,410 | €183,296 | -€78,115 | -29.9% |
| Equity | 10/15 | €104,569 | €110,397 | +€5,828 | +5.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €860 | €860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €860 | €860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €860 | €860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,709 | €90,537 | +€5,828 | +6.9% |
| Amounts payable | 17/49 | €156,841 | €72,898 | -€83,943 | -53.5% |
| Amounts payable within one year | 42/48 | €156,841 | €72,898 | -€83,943 | -53.5% |
| Trade debts | 44 | €131,385 | €49,449 | -€81,936 | -62.4% |
| Suppliers | 440/4 | €131,385 | €49,449 | -€81,936 | -62.4% |
| Taxes, remuneration and social security | 45 | €17,676 | €11,024 | -€6,653 | -37.6% |
| Taxes | 450/3 | €12,105 | €11,024 | -€1,082 | -8.9% |
| Remuneration and social security | 454/9 | €5,571 | - | -€5,571 | |
| Other amounts payable | 47/48 | €7,780 | €12,426 | +€4,646 | +59.7% |
| Remuneration, social security and pensions | 62 | €116,146 | €116,821 | +€675 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,119 | €7,464 | -€655 | -8.1% |
| Other operating charges | 640/8 | €2,265 | €2,831 | +€565 | +25.0% |
| Gross operating margin | 9900 | €140,367 | €136,967 | -€3,400 | -2.4% |
| Operating profit (loss) | 9901 | €13,837 | €9,851 | -€3,986 | -28.8% |
| Financial income | 75/76B | €1 | €2 | +€1 | +48.8% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +48.8% |
| Financial charges | 65/66B | €251 | €325 | +€74 | +29.7% |
| Recurring financial charges | 65 | €251 | €325 | +€74 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €13,588 | €9,528 | -€4,060 | -29.9% |
| Income taxes | 67/77 | €4,455 | €3,700 | -€755 | -16.9% |
| Profit (loss) for the period | 9904 | €9,133 | €5,828 | -€3,305 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,133 | €5,828 | -€3,305 | -36.2% |
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 18 October 2026 via checked.be.