RENOVATICA: 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.
RENOVATICA
Largest movements
- Tangible fixed assets -€14,429
down €14,429 (-30.2%), from €47,730 to €33,301
of which Furniture and vehicles: -€13,024
- Cash -€4,045
down €4,045 (-11.5%), from €35,265 to €31,220
mainly Debts after one year (-€9,293) and Other debts (-€4,995)
- Receivables within one year +€2,205
up €2,205 (+33.8%), from €6,530 to €8,736
of which Trade receivables: +€4,699
- Debts after one year -€9,293
down €9,293 (-53.4%), from €17,402 to €8,110
- Other debts -€4,995
down €4,995 (-66.6%), from €7,500 to €2,505
- Tax, wage and social debts -€2,710
down €2,710 (-49.1%), from €5,521 to €2,811
- Gross operating margin -€22,093
down €22,093 (-51.1%), from €43,200 to €21,107
- Taxes -€2,498
down €2,498 (-69.5%), from €3,593 to €1,095
- Other operating charges -€564
down €564 (-29.6%), from €1,904 to €1,340
- Financial charges -€442
down €442 (-24.8%), from €1,780 to €1,337
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 | €90,793 | €74,245 | -€16,548 | -18.2% |
| Fixed assets | 21/28 | €47,730 | €33,301 | -€14,429 | -30.2% |
| Tangible fixed assets | 22/27 | €47,730 | €33,301 | -€14,429 | -30.2% |
| Land and buildings | 22 | €1,731 | €1,606 | -€125 | -7.2% |
| Plant, machinery and equipment | 23 | €3,925 | €2,870 | -€1,055 | -26.9% |
| Furniture and vehicles | 24 | €41,848 | €28,825 | -€13,024 | -31.1% |
| Leasing and similar rights | 25 | €225 | - | -€225 | |
| Current assets | 29/58 | €43,063 | €40,944 | -€2,119 | -4.9% |
| Amounts receivable within one year | 40/41 | €6,530 | €8,736 | +€2,205 | +33.8% |
| Trade receivables | 40 | €2,124 | €6,823 | +€4,699 | +221% |
| Other amounts receivable | 41 | €4,407 | €1,913 | -€2,494 | -56.6% |
| Cash at bank and in hand | 54/58 | €35,265 | €31,220 | -€4,045 | -11.5% |
| Deferred charges and accrued income | 490/1 | €1,268 | €988 | -€279 | -22.0% |
| Total equity and liabilities | 10/49 | €90,793 | €74,245 | -€16,548 | -18.2% |
| Equity | 10/15 | €50,178 | €51,002 | +€824 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,578 | €32,402 | +€824 | +2.6% |
| Distributable reserves | 133 | €31,578 | €32,402 | +€824 | +2.6% |
| Amounts payable | 17/49 | €40,615 | €23,243 | -€17,372 | -42.8% |
| Amounts payable after more than one year | 17 | €17,402 | €8,110 | -€9,293 | -53.4% |
| Financial debts | 170/4 | €17,402 | €8,110 | -€9,293 | -53.4% |
| Amounts payable within one year | 42/48 | €23,213 | €15,134 | -€8,079 | -34.8% |
| Current portion of amounts payable after more than one year | 42 | €8,836 | €9,293 | +€457 | +5.2% |
| Trade debts | 44 | €1,355 | €525 | -€831 | -61.3% |
| Suppliers | 440/4 | €1,355 | €525 | -€831 | -61.3% |
| Taxes, remuneration and social security | 45 | €5,521 | €2,811 | -€2,710 | -49.1% |
| Taxes | 450/3 | €5,521 | €2,811 | -€2,710 | -49.1% |
| Other amounts payable | 47/48 | €7,500 | €2,505 | -€4,995 | -66.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,290 | €16,567 | +€277 | +1.7% |
| Other operating charges | 640/8 | €1,904 | €1,340 | -€564 | -29.6% |
| Non-recurring operating charges | 66A | €1,148 | - | -€1,148 | |
| Gross operating margin | 9900 | €43,200 | €21,107 | -€22,093 | -51.1% |
| Operating profit (loss) | 9901 | €23,858 | €3,200 | -€20,658 | -86.6% |
| Financial income | 75/76B | €0 | €56 | +€56 | +112,760% |
| Recurring financial income | 75 | €0 | €56 | +€56 | +112,760% |
| Financial charges | 65/66B | €1,780 | €1,337 | -€442 | -24.8% |
| Recurring financial charges | 65 | €1,780 | €1,337 | -€442 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €22,078 | €1,919 | -€20,159 | -91.3% |
| Income taxes | 67/77 | €3,593 | €1,095 | -€2,498 | -69.5% |
| Profit (loss) for the period | 9904 | €18,485 | €824 | -€17,661 | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,485 | €824 | -€17,661 | -95.5% |
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 16 October 2026 via checked.be.