RENOVAPROF: 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.
RENOVAPROF
Largest movements
- Receivables within one year +€23,015
up €23,015 (+15.8%), from €145,658 to €168,673
of which Other amounts receivable: +€15,997
- Cash +€21,040
up €21,040 (+23.2%), from €90,682 to €111,722
mainly Net result for the year (+€37,941) and Tax, wage and social debts (+€20,574)
- Deferred charges and accrued income +€3,973
up €3,973 (+72.4%), from €5,490 to €9,463
- Profit (loss) carried forward +€23,655
up €23,655 (+15.9%), from €148,940 to €172,596
- Tax, wage and social debts +€20,574
up €20,574 (+54.9%), from €37,463 to €58,037
of which Taxes: +€18,074
- Trade debts +€4,323
up €4,323 (+20.2%), from €21,368 to €25,691
- Gross operating margin -€51,458
down €51,458 (-46.2%), from €111,386 to €59,928
- Taxes -€15,610
down €15,610 (-50.2%), from €31,081 to €15,472
- Other operating charges +€4,428
up €4,428 (+282%), from €1,568 to €5,996
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 | €242,517 | €291,069 | +€48,552 | +20.0% |
| Fixed assets | 21/28 | €687 | €1,211 | +€524 | +76.3% |
| Tangible fixed assets | 22/27 | €652 | €1,176 | +€524 | +80.4% |
| Furniture and vehicles | 24 | €652 | €1,176 | +€524 | +80.4% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €241,830 | €289,858 | +€48,028 | +19.9% |
| Amounts receivable within one year | 40/41 | €145,658 | €168,673 | +€23,015 | +15.8% |
| Trade receivables | 40 | €33,104 | €40,122 | +€7,018 | +21.2% |
| Other amounts receivable | 41 | €112,554 | €128,551 | +€15,997 | +14.2% |
| Cash at bank and in hand | 54/58 | €90,682 | €111,722 | +€21,040 | +23.2% |
| Deferred charges and accrued income | 490/1 | €5,490 | €9,463 | +€3,973 | +72.4% |
| Total equity and liabilities | 10/49 | €242,517 | €291,069 | +€48,552 | +20.0% |
| Equity | 10/15 | €169,400 | €193,056 | +€23,655 | +14.0% |
| 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% |
| Own shares acquired | 1312 | - | €1,860 | +€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €148,940 | €172,596 | +€23,655 | +15.9% |
| Amounts payable | 17/49 | €73,117 | €98,014 | +€24,897 | +34.1% |
| Amounts payable within one year | 42/48 | €73,117 | €98,014 | +€24,897 | +34.1% |
| Trade debts | 44 | €21,368 | €25,691 | +€4,323 | +20.2% |
| Suppliers | 440/4 | €21,368 | €25,691 | +€4,323 | +20.2% |
| Taxes, remuneration and social security | 45 | €37,463 | €58,037 | +€20,574 | +54.9% |
| Taxes | 450/3 | €37,463 | €55,537 | +€18,074 | +48.2% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €14,286 | €14,286 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4,927 | +€4,927 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €566 | €632 | +€66 | +11.7% |
| Other operating charges | 640/8 | €1,568 | €5,996 | +€4,428 | +282% |
| Gross operating margin | 9900 | €111,386 | €59,928 | -€51,458 | -46.2% |
| Operating profit (loss) | 9901 | €109,252 | €53,299 | -€55,953 | -51.2% |
| Financial income | 75/76B | €18 | €4 | -€15 | -80.3% |
| Recurring financial income | 75 | €18 | €4 | -€15 | -80.3% |
| Financial charges | 65/66B | -€65 | -€110 | -€45 | -69.2% |
| Recurring financial charges | 65 | -€65 | -€110 | -€45 | -69.2% |
| Profit (loss) for the period before taxes | 9903 | €109,335 | €53,413 | -€55,922 | -51.1% |
| Income taxes | 67/77 | €31,081 | €15,472 | -€15,610 | -50.2% |
| Profit (loss) for the period | 9904 | €78,254 | €37,941 | -€40,313 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,254 | €37,941 | -€40,313 | -51.5% |
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.