RENOVATIS: what changed
Two fiscal 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.
RENOVATIS
Largest movements
- Receivables within one year -€37,427
down €37,427 (-73.0%), from €51,298 to €13,871
of which Trade receivables: -€38,828
- Cash +€37,151
up €37,151 (+271.4%), from €13,686 to €50,837
mainly Receivables within one year (+€37,427) and Tax, wage and social debts (+€13,840)
- Tangible fixed assets -€9,815
down €9,815 (-37.4%), from €26,252 to €16,437
of which Furniture and vehicles: -€10,280
- Deferred charges and accrued income -€1,404
down €1,404 (-55.2%), from €2,543 to €1,139
- Reserves -€14,970
down €14,970 (-92.6%), from €16,163 to €1,193
- Tax, wage and social debts +€13,840
up €13,840 (+533.8%), from €2,593 to €16,433
of which Taxes: +€13,790
- Debts after one year -€9,030
down €9,030 (-62.7%), from €14,406 to €5,375
- Other debts -€1,304
down €1,304 (-5.2%), from €24,956 to €23,652
- Gross operating margin +€2,530
up €2,530 (+12.3%), from €20,645 to €23,175
- Taxes -€770
down €770 (-41.2%), from €1,869 to €1,099
- Depreciation +€301
up €301 (+2.7%), from €11,103 to €11,404
- Other operating charges -€271
down €271 (-24.2%), from €1,119 to €848
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.
Cash bridge derived
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 | €94,139 | €82,284 | -€11,855 | -12.6% |
| Fixed assets | 21/28 | €26,612 | €16,437 | -€10,175 | -38.2% |
| Tangible fixed assets | 22/27 | €26,252 | €16,437 | -€9,815 | -37.4% |
| Plant, machinery and equipment | 23 | €1,869 | €2,334 | +€465 | +24.9% |
| Furniture and vehicles | 24 | €24,382 | €14,103 | -€10,280 | -42.2% |
| Financial fixed assets | 28 | €360 | - | -€360 | |
| Current assets | 29/58 | €67,527 | €65,847 | -€1,681 | -2.5% |
| Amounts receivable within one year | 40/41 | €51,298 | €13,871 | -€37,427 | -73.0% |
| Trade receivables | 40 | €51,166 | €12,338 | -€38,828 | -75.9% |
| Other amounts receivable | 41 | €131 | €1,533 | +€1,401 | +1066.1% |
| Cash at bank and in hand | 54/58 | €13,686 | €50,837 | +€37,151 | +271.4% |
| Deferred charges and accrued income | 490/1 | €2,543 | €1,139 | -€1,404 | -55.2% |
| Total equity and liabilities | 10/49 | €94,139 | €82,284 | -€11,855 | -12.6% |
| Equity | 10/15 | €34,763 | €19,793 | -€14,970 | -43.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,163 | €1,193 | -€14,970 | -92.6% |
| Distributable reserves | 133 | €16,163 | €1,193 | -€14,970 | -92.6% |
| Amounts payable | 17/49 | €59,376 | €62,490 | +€3,114 | +5.2% |
| Amounts payable after more than one year | 17 | €14,406 | €5,375 | -€9,030 | -62.7% |
| Financial debts | 170/4 | €14,406 | €5,375 | -€9,030 | -62.7% |
| Amounts payable within one year | 42/48 | €44,970 | €57,115 | +€12,145 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €8,802 | €9,030 | +€228 | +2.6% |
| Trade debts | 44 | €8,620 | €8,000 | -€620 | -7.2% |
| Suppliers | 440/4 | €8,620 | €8,000 | -€620 | -7.2% |
| Taxes, remuneration and social security | 45 | €2,593 | €16,433 | +€13,840 | +533.8% |
| Taxes | 450/3 | €919 | €14,709 | +€13,790 | +1500.3% |
| Remuneration and social security | 454/9 | €1,674 | €1,724 | +€50 | +3.0% |
| Other amounts payable | 47/48 | €24,956 | €23,652 | -€1,304 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,103 | €11,404 | +€301 | +2.7% |
| Other operating charges | 640/8 | €1,119 | €848 | -€271 | -24.2% |
| Gross operating margin | 9900 | €20,645 | €23,175 | +€2,530 | +12.3% |
| Operating profit (loss) | 9901 | €8,423 | €10,923 | +€2,500 | +29.7% |
| Financial income | 75/76B | €151 | €0 | -€151 | -100.0% |
| Recurring financial income | 75 | €151 | €0 | -€151 | -100.0% |
| Financial charges | 65/66B | €1,320 | €1,142 | -€178 | -13.5% |
| Recurring financial charges | 65 | €1,320 | €1,142 | -€178 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €7,254 | €9,781 | +€2,527 | +34.8% |
| Income taxes | 67/77 | €1,869 | €1,099 | -€770 | -41.2% |
| Profit (loss) for the period | 9904 | €5,386 | €8,682 | +€3,297 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,386 | €8,682 | +€3,297 | +61.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.