RENOVAVLAD: what changed
RENOVAVLAD
Largest movements
- Cash +€8,808
up €8,808 (+228%), from €3,868 to €12,676
mainly Depreciation (+€10,822) and Trade debts (+€9,959)
- Tangible fixed assets -€5,026
down €5,026 (-19.9%), from €25,273 to €20,247
- Receivables within one year +€3,240
up €3,240 (+63.1%), from €5,132 to €8,372
- Trade debts +€9,959
up €9,959 (+835%), from €1,193 to €11,152
- Debts after one year -€5,289
down €5,289 (-25.8%), from €20,464 to €15,175
- Tax, wage and social debts +€2,205
new in 2025: €2,205
- Turnover -€111,042
no longer reported in 2025 (was €111,042)
- Purchases and services -€96,529
no longer reported in 2025 (was €96,529)
- Depreciation +€6,601
up €6,601 (+156%), from €4,221 to €10,822
- Taxes -€1,558
down €1,558 (-70.9%), from €2,196 to €639
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,273 | €41,296 | +€7,022 | +20.5% |
| Fixed assets | 21/28 | €25,273 | €20,247 | -€5,026 | -19.9% |
| Tangible fixed assets | 22/27 | €25,273 | €20,247 | -€5,026 | -19.9% |
| Furniture and vehicles | 24 | €25,273 | €20,247 | -€5,026 | -19.9% |
| Current assets | 29/58 | €9,001 | €21,049 | +€12,048 | +134% |
| Amounts receivable within one year | 40/41 | €5,132 | €8,372 | +€3,240 | +63.1% |
| Other amounts receivable | 41 | €5,132 | €8,372 | +€3,240 | +63.1% |
| Cash at bank and in hand | 54/58 | €3,868 | €12,676 | +€8,808 | +228% |
| Total equity and liabilities | 10/49 | €34,273 | €41,296 | +€7,022 | +20.5% |
| Equity | 10/15 | €7,593 | €7,475 | -€118 | -1.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,593 | €6,475 | -€118 | -1.8% |
| Amounts payable | 17/49 | €26,681 | €33,821 | +€7,140 | +26.8% |
| Amounts payable after more than one year | 17 | €20,464 | €15,175 | -€5,289 | -25.8% |
| Financial debts | 170/4 | €20,464 | €15,175 | -€5,289 | -25.8% |
| Amounts payable within one year | 42/48 | €6,217 | €18,646 | +€12,428 | +200% |
| Current portion of amounts payable after more than one year | 42 | €5,024 | €5,289 | +€265 | +5.3% |
| Trade debts | 44 | €1,193 | €11,152 | +€9,959 | +835% |
| Suppliers | 440/4 | €1,193 | €11,152 | +€9,959 | +835% |
| Taxes, remuneration and social security | 45 | - | €2,205 | +€2,205 | |
| Taxes | 450/3 | - | €2,205 | +€2,205 | |
| Turnover | 70 | €111,042 | - | -€111,042 | |
| Goods, raw materials, services and sundry goods | 60/61 | €96,529 | - | -€96,529 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,221 | €10,822 | +€6,601 | +156% |
| Other operating charges | 640/8 | €772 | €465 | -€306 | -39.7% |
| Gross operating margin | 9900 | €14,513 | €13,416 | -€1,096 | -7.6% |
| Operating profit (loss) | 9901 | €9,519 | €2,129 | -€7,391 | -77.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €731 | €1,608 | +€877 | +120% |
| Recurring financial charges | 65 | €731 | €1,608 | +€877 | +120% |
| Profit (loss) for the period before taxes | 9903 | €8,789 | €521 | -€8,268 | -94.1% |
| Income taxes | 67/77 | €2,196 | €639 | -€1,558 | -70.9% |
| Profit (loss) for the period | 9904 | €6,593 | -€118 | -€6,710 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,593 | -€118 | -€6,710 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.