Renoveda: 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.
Renoveda
Largest movements
- Stocks and contracts +€8,440
up €8,440 (+79.9%), from €10,564 to €19,004
- Receivables within one year -€7,308
down €7,308 (-2.5%), from €287,008 to €279,700
of which Trade receivables: -€28,315
- Short-term financial debts +€98,619
new in 2025: €98,619
- Trade debts -€84,057
down €84,057 (-76.8%), from €109,488 to €25,431
- Current portion of long-term debt -€17,779
no longer reported in 2025 (was €17,779)
- Reserves +€8,445
up €8,445 (+5.0%), from €167,498 to €175,943
- Tax, wage and social debts -€4,910
down €4,910 (-28.0%), from €17,550 to €12,640
of which Remuneration and social security: -€3,967
- Staff costs +€13,692
up €13,692 (+46.0%), from €29,750 to €43,442
- Gross operating margin +€12,255
up €12,255 (+21.0%), from €58,253 to €70,508
- Financial charges +€3,380
up €3,380 (+111.1%), from €3,042 to €6,422
- Taxes -€943
down €943 (-18.3%), from €5,145 to €4,202
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 | €317,315 | €317,632 | +€317 | +0.1% |
| Fixed assets | 21/28 | €13,676 | €12,862 | -€814 | -6.0% |
| Tangible fixed assets | 22/27 | €13,676 | €12,862 | -€814 | -6.0% |
| Plant, machinery and equipment | 23 | €767 | €529 | -€238 | -31.0% |
| Furniture and vehicles | 24 | €12,909 | €12,333 | -€576 | -4.5% |
| Current assets | 29/58 | €303,639 | €304,770 | +€1,131 | +0.4% |
| Stocks and contracts in progress | 3 | €10,564 | €19,004 | +€8,440 | +79.9% |
| Stocks | 30/36 | €10,564 | €19,004 | +€8,440 | +79.9% |
| Amounts receivable within one year | 40/41 | €287,008 | €279,700 | -€7,308 | -2.5% |
| Trade receivables | 40 | €143,000 | €114,685 | -€28,315 | -19.8% |
| Other amounts receivable | 41 | €144,008 | €165,015 | +€21,007 | +14.6% |
| Cash at bank and in hand | 54/58 | €1 | - | -€1 | |
| Deferred charges and accrued income | 490/1 | €6,066 | €6,067 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €317,315 | €317,632 | +€317 | +0.1% |
| Equity | 10/15 | €172,498 | €180,943 | +€8,445 | +4.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €167,498 | €175,943 | +€8,445 | +5.0% |
| Distributable reserves | 133 | €167,498 | €175,943 | +€8,445 | +5.0% |
| Amounts payable | 17/49 | €144,817 | €136,689 | -€8,128 | -5.6% |
| Amounts payable within one year | 42/48 | €144,817 | €136,689 | -€8,128 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €17,779 | - | -€17,779 | |
| Financial debts | 43 | - | €98,619 | +€98,619 | |
| Credit institutions | 430/8 | - | €98,619 | +€98,619 | |
| Trade debts | 44 | €109,488 | €25,431 | -€84,057 | -76.8% |
| Suppliers | 440/4 | €109,488 | €25,431 | -€84,057 | -76.8% |
| Taxes, remuneration and social security | 45 | €17,550 | €12,640 | -€4,910 | -28.0% |
| Taxes | 450/3 | €5,267 | €4,324 | -€943 | -17.9% |
| Remuneration and social security | 454/9 | €12,283 | €8,316 | -€3,967 | -32.3% |
| Remuneration, social security and pensions | 62 | €29,750 | €43,442 | +€13,692 | +46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,377 | €6,763 | -€614 | -8.3% |
| Other operating charges | 640/8 | €623 | €1,234 | +€611 | +98.1% |
| Gross operating margin | 9900 | €58,253 | €70,508 | +€12,255 | +21.0% |
| Operating profit (loss) | 9901 | €20,503 | €19,069 | -€1,434 | -7.0% |
| Financial income | 75/76B | €49 | - | -€49 | |
| Recurring financial income | 75 | €49 | - | -€49 | |
| Financial charges | 65/66B | €3,042 | €6,422 | +€3,380 | +111.1% |
| Recurring financial charges | 65 | €3,042 | €6,422 | +€3,380 | +111.1% |
| Profit (loss) for the period before taxes | 9903 | €17,510 | €12,647 | -€4,863 | -27.8% |
| Income taxes | 67/77 | €5,145 | €4,202 | -€943 | -18.3% |
| Profit (loss) for the period | 9904 | €12,365 | €8,445 | -€3,920 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,365 | €8,445 | -€3,920 | -31.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.