RENOVDESIGN: 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.
RENOVDESIGN
Largest movements
- Receivables within one year +€69,873
up €69,873 (+74.6%), from €93,632 to €163,505
of which Trade receivables: +€67,619
- Cash -€31,915
down €31,915 (-99.4%), from €32,093 to €178
mainly Receivables within one year (-€69,873) and Investment in fixed assets (net) (-€4,941)
- Tangible fixed assets -€11,875
down €11,875 (-38.1%), from €31,140 to €19,265
of which Furniture and vehicles: -€9,356
- Trade debts +€32,761
up €32,761 (+153.1%), from €21,393 to €54,154
- Debts after one year -€3,837
no longer reported in 2025 (was €3,837)
- Current portion of long-term debt -€3,500
down €3,500 (-47.7%), from €7,337 to €3,837
- Other debts +€2,640
new in 2025: €2,640
- Gross operating margin -€4,522
down €4,522 (-20.9%), from €21,633 to €17,111
- Other operating charges -€743
down €743 (-34.7%), from €2,142 to €1,400
- Depreciation -€456
down €456 (-2.6%), from €17,273 to €16,817
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 | €159,526 | €184,748 | +€25,222 | +15.8% |
| Fixed assets | 21/28 | €31,150 | €19,275 | -€11,875 | -38.1% |
| Tangible fixed assets | 22/27 | €31,140 | €19,265 | -€11,875 | -38.1% |
| Plant, machinery and equipment | 23 | €9,992 | €7,473 | -€2,520 | -25.2% |
| Furniture and vehicles | 24 | €21,148 | €11,792 | -€9,356 | -44.2% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €128,375 | €165,473 | +€37,098 | +28.9% |
| Stocks and contracts in progress | 3 | €2,650 | €1,790 | -€860 | -32.5% |
| Stocks | 30/36 | €2,650 | €1,790 | -€860 | -32.5% |
| Amounts receivable within one year | 40/41 | €93,632 | €163,505 | +€69,873 | +74.6% |
| Trade receivables | 40 | €79,320 | €146,939 | +€67,619 | +85.2% |
| Other amounts receivable | 41 | €14,312 | €16,566 | +€2,254 | +15.7% |
| Cash at bank and in hand | 54/58 | €32,093 | €178 | -€31,915 | -99.4% |
| Total equity and liabilities | 10/49 | €159,526 | €184,748 | +€25,222 | +15.8% |
| Equity | 10/15 | €125,647 | €124,048 | -€1,599 | -1.3% |
| Contributions | 10/11 | €76,250 | €76,250 | = | 0.0% |
| Capital | 10 | €76,250 | €76,250 | = | 0.0% |
| Issued capital | 100 | €76,250 | €76,250 | = | 0.0% |
| Reserves | 13 | €3,620 | €3,620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,620 | €3,620 | = | 0.0% |
| Legal reserve | 130 | €3,620 | €3,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,777 | €44,178 | -€1,599 | -3.5% |
| Amounts payable | 17/49 | €33,879 | €60,700 | +€26,821 | +79.2% |
| Amounts payable after more than one year | 17 | €3,837 | - | -€3,837 | |
| Financial debts | 170/4 | €3,837 | - | -€3,837 | |
| Amounts payable within one year | 42/48 | €30,042 | €60,700 | +€30,658 | +102.1% |
| Current portion of amounts payable after more than one year | 42 | €7,337 | €3,837 | -€3,500 | -47.7% |
| Trade debts | 44 | €21,393 | €54,154 | +€32,761 | +153.1% |
| Suppliers | 440/4 | €21,393 | €54,154 | +€32,761 | +153.1% |
| Taxes, remuneration and social security | 45 | €1,311 | €69 | -€1,242 | -94.7% |
| Taxes | 450/3 | - | €69 | +€69 | |
| Remuneration and social security | 454/9 | €1,311 | - | -€1,311 | |
| Other amounts payable | 47/48 | - | €2,640 | +€2,640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,273 | €16,817 | -€456 | -2.6% |
| Other operating charges | 640/8 | €2,142 | €1,400 | -€743 | -34.7% |
| Gross operating margin | 9900 | €21,633 | €17,111 | -€4,522 | -20.9% |
| Operating profit (loss) | 9901 | €2,218 | -€1,106 | -€3,323 | |
| Financial charges | 65/66B | €643 | €493 | -€150 | -23.3% |
| Recurring financial charges | 65 | €643 | €493 | -€150 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €1,575 | -€1,599 | -€3,174 | |
| Profit (loss) for the period | 9904 | €1,575 | -€1,599 | -€3,174 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,575 | -€1,599 | -€3,174 |
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 10 October 2026 via checked.be.