RenoVas: 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.
RenoVas
Largest movements
- Receivables within one year +€67,838
up €67,838 (+104%), from €65,155 to €132,993
of which Trade receivables: +€76,987
- Tangible fixed assets +€50,575
up €50,575 (+278%), from €18,167 to €68,742
of which Leasing and similar rights: +€32,271
- Stocks and contracts -€18,763
down €18,763 (-87.2%), from €21,518 to €2,755
- Cash +€11,155
up €11,155 (+25.8%), from €43,157 to €54,312
mainly Net result for the year (+€78,236) and Other debts (+€58,886)
- Deferred charges and accrued income +€4,192
up €4,192 (+133%), from €3,152 to €7,344
- Other debts +€58,886
up €58,886 (+207%), from €28,444 to €87,330
- Debts after one year +€24,021
up €24,021, from €0 to €24,021
- Trade debts +€17,181
up €17,181 (+71.6%), from €24,001 to €41,182
- Current portion of long-term debt +€13,467
up €13,467 (+58.1%), from €23,164 to €36,630
- Gross operating margin +€66,101
up €66,101 (+69.3%), from €95,383 to €161,485
- Taxes +€10,135
up €10,135 (+87.2%), from €11,626 to €21,761
- Depreciation +€9,470
up €9,470 (+122%), from €7,776 to €17,246
- Financial charges +€2,680
up €2,680 (+50.0%), from €5,362 to €8,042
- Staff costs -€2,117
down €2,117 (-5.7%), from €37,329 to €35,211
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 | €151,149 | €266,146 | +€114,997 | +76.1% |
| Fixed assets | 21/28 | €18,167 | €68,742 | +€50,575 | +278% |
| Tangible fixed assets | 22/27 | €18,167 | €68,742 | +€50,575 | +278% |
| Plant, machinery and equipment | 23 | €12,237 | €32,553 | +€20,315 | +166% |
| Furniture and vehicles | 24 | €5,929 | €3,918 | -€2,012 | -33.9% |
| Leasing and similar rights | 25 | - | €32,271 | +€32,271 | |
| Current assets | 29/58 | €132,982 | €197,405 | +€64,422 | +48.4% |
| Stocks and contracts in progress | 3 | €21,518 | €2,755 | -€18,763 | -87.2% |
| Stocks | 30/36 | €21,518 | €2,755 | -€18,763 | -87.2% |
| Amounts receivable within one year | 40/41 | €65,155 | €132,993 | +€67,838 | +104% |
| Trade receivables | 40 | €52,205 | €129,193 | +€76,987 | +147% |
| Other amounts receivable | 41 | €12,950 | €3,801 | -€9,149 | -70.7% |
| Cash at bank and in hand | 54/58 | €43,157 | €54,312 | +€11,155 | +25.8% |
| Deferred charges and accrued income | 490/1 | €3,152 | €7,344 | +€4,192 | +133% |
| Total equity and liabilities | 10/49 | €151,149 | €266,146 | +€114,997 | +76.1% |
| Equity | 10/15 | €63,672 | €63,672 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €58,672 | €58,672 | = | 0.0% |
| Distributable reserves | 133 | €58,672 | €58,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €87,478 | €202,475 | +€114,997 | +131% |
| Amounts payable after more than one year | 17 | €0 | €24,021 | +€24,021 | |
| Financial debts | 170/4 | €0 | €24,021 | +€24,021 | |
| Amounts payable within one year | 42/48 | €87,478 | €178,454 | +€90,976 | +104% |
| Current portion of amounts payable after more than one year | 42 | €23,164 | €36,630 | +€13,467 | +58.1% |
| Trade debts | 44 | €24,001 | €41,182 | +€17,181 | +71.6% |
| Suppliers | 440/4 | €24,001 | €41,182 | +€17,181 | +71.6% |
| Taxes, remuneration and social security | 45 | €11,869 | €13,312 | +€1,443 | +12.2% |
| Taxes | 450/3 | €1,822 | €3,042 | +€1,220 | +66.9% |
| Remuneration and social security | 454/9 | €10,046 | €10,270 | +€223 | +2.2% |
| Other amounts payable | 47/48 | €28,444 | €87,330 | +€58,886 | +207% |
| Remuneration, social security and pensions | 62 | €37,329 | €35,211 | -€2,117 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,776 | €17,246 | +€9,470 | +122% |
| Other operating charges | 640/8 | €1,243 | €1,204 | -€39 | -3.1% |
| Non-recurring operating charges | 66A | €6,368 | €0 | -€6,368 | -100% |
| Gross operating margin | 9900 | €95,383 | €161,485 | +€66,101 | +69.3% |
| Operating profit (loss) | 9901 | €42,667 | €107,823 | +€65,156 | +153% |
| Financial income | 75/76B | €110 | €216 | +€106 | +95.8% |
| Recurring financial income | 75 | €110 | €216 | +€106 | +95.8% |
| Financial charges | 65/66B | €5,362 | €8,042 | +€2,680 | +50.0% |
| Recurring financial charges | 65 | €5,362 | €8,042 | +€2,680 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €37,416 | €99,997 | +€62,582 | +167% |
| Income taxes | 67/77 | €11,626 | €21,761 | +€10,135 | +87.2% |
| Profit (loss) for the period | 9904 | €25,790 | €78,236 | +€52,447 | +203% |
| Profit (loss) for the period to be appropriated | 9905 | €25,790 | €78,236 | +€52,447 | +203% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.