RENOVE SOLUTION: 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.
RENOVE SOLUTION
Largest movements
- Cash -€13,318
down €13,318 (-76.7%), from €17,374 to €4,057
mainly Net result for the year (-€32,253)
- Tangible fixed assets -€4,433
down €4,433 (-27.9%), from €15,871 to €11,438
of which Plant, machinery and equipment: -€3,823
- Receivables within one year -€3,640
down €3,640 (-14.8%), from €24,538 to €20,899
of which Trade receivables: -€2,991
- Profit (loss) carried forward -€32,253
down €32,253 (-79.1%), from €40,794 to €8,541
- Trade debts +€8,815
up €8,815 (+414.0%), from €2,129 to €10,944
- Other debts +€2,048
up €2,048 (+51.1%), from €4,010 to €6,058
- Gross operating margin -€13,036
down €13,036 (-102.5%), from -€12,722 to -€25,757
- Financial charges -€804
down €804 (-28.1%), from €2,856 to €2,053
- Financial income +€464
up €464 (+103200.0%), from €0 to €465
- Depreciation +€346
up €346 (+8.5%), from €4,087 to €4,433
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 | €61,034 | €39,643 | -€21,391 | -35.0% |
| Fixed assets | 21/28 | €19,121 | €14,688 | -€4,433 | -23.2% |
| Tangible fixed assets | 22/27 | €15,871 | €11,438 | -€4,433 | -27.9% |
| Plant, machinery and equipment | 23 | €15,261 | €11,438 | -€3,823 | -25.1% |
| Furniture and vehicles | 24 | €610 | €0 | -€610 | -100.0% |
| Financial fixed assets | 28 | €3,250 | €3,250 | = | 0.0% |
| Current assets | 29/58 | €41,912 | €24,955 | -€16,957 | -40.5% |
| Amounts receivable within one year | 40/41 | €24,538 | €20,899 | -€3,640 | -14.8% |
| Trade receivables | 40 | €11,917 | €8,926 | -€2,991 | -25.1% |
| Other amounts receivable | 41 | €12,621 | €11,973 | -€649 | -5.1% |
| Cash at bank and in hand | 54/58 | €17,374 | €4,057 | -€13,318 | -76.7% |
| Total equity and liabilities | 10/49 | €61,034 | €39,643 | -€21,391 | -35.0% |
| Equity | 10/15 | €54,894 | €22,641 | -€32,253 | -58.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,700 | €1,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,700 | €1,700 | = | 0.0% |
| Other | 1319 | €1,700 | €1,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,794 | €8,541 | -€32,253 | -79.1% |
| Amounts payable | 17/49 | €6,139 | €17,002 | +€10,863 | +176.9% |
| Amounts payable within one year | 42/48 | €6,139 | €17,002 | +€10,863 | +176.9% |
| Trade debts | 44 | €2,129 | €10,944 | +€8,815 | +414.0% |
| Suppliers | 440/4 | €2,129 | €10,944 | +€8,815 | +414.0% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €4,010 | €6,058 | +€2,048 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,087 | €4,433 | +€346 | +8.5% |
| Other operating charges | 640/8 | €462 | €475 | +€13 | +2.9% |
| Gross operating margin | 9900 | -€12,722 | -€25,757 | -€13,036 | -102.5% |
| Operating profit (loss) | 9901 | -€17,271 | -€30,665 | -€13,395 | -77.6% |
| Financial income | 75/76B | €0 | €465 | +€464 | +103200.0% |
| Recurring financial income | 75 | €0 | €465 | +€464 | +103200.0% |
| Financial charges | 65/66B | €2,856 | €2,053 | -€804 | -28.1% |
| Recurring financial charges | 65 | €2,856 | €2,053 | -€804 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,126 | -€32,253 | -€12,127 | -60.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€20,126 | -€32,253 | -€12,127 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,126 | -€32,253 | -€12,127 | -60.3% |
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.