RenoVerde: 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.
RenoVerde
Largest movements
- Cash +€45,603
up €45,603 (+53.8%), from €84,722 to €130,325
mainly Other debts (+€40,865) and Net result for the year (+€24,366)
- Receivables within one year -€15,744
down €15,744 (-44.1%), from €35,712 to €19,968
of which Trade receivables: -€15,937
- Stocks and contracts -€12,750
no longer reported in 2025 (was €12,750)
- Tangible fixed assets +€5,449
up €5,449 (+51.1%), from €10,665 to €16,114
of which Plant, machinery and equipment: +€7,762
- Other debts +€40,865
up €40,865 (+192%), from €21,306 to €62,171
- Reserves -€23,710
down €23,710 (-47.5%), from €49,937 to €26,226
of which Distributable reserves: -€23,710
- Trade debts +€10,937
up €10,937 (+74.0%), from €14,780 to €25,717
- Current portion of long-term debt -€7,910
no longer reported in 2025 (was €7,910)
- Advances received +€2,500
up €2,500 (+16.7%), from €15,000 to €17,500
- Gross operating margin -€7,981
down €7,981 (-15.5%), from €51,413 to €43,432
- Taxes -€699
down €699 (-9.9%), from €7,075 to €6,376
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.
Derived cash bridge
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 | €145,012 | €168,550 | +€23,539 | +16.2% |
| Fixed assets | 21/28 | €10,665 | €16,114 | +€5,449 | +51.1% |
| Tangible fixed assets | 22/27 | €10,665 | €16,114 | +€5,449 | +51.1% |
| Plant, machinery and equipment | 23 | €2,952 | €10,714 | +€7,762 | +263% |
| Furniture and vehicles | 24 | €808 | €5,400 | +€4,592 | +569% |
| Leasing and similar rights | 25 | €6,905 | - | -€6,905 | |
| Current assets | 29/58 | €134,347 | €152,436 | +€18,089 | +13.5% |
| Stocks and contracts in progress | 3 | €12,750 | - | -€12,750 | |
| Stocks | 30/36 | €12,750 | - | -€12,750 | |
| Amounts receivable within one year | 40/41 | €35,712 | €19,968 | -€15,744 | -44.1% |
| Trade receivables | 40 | €34,925 | €18,987 | -€15,937 | -45.6% |
| Other amounts receivable | 41 | €788 | €981 | +€193 | +24.5% |
| Cash at bank and in hand | 54/58 | €84,722 | €130,325 | +€45,603 | +53.8% |
| Deferred charges and accrued income | 490/1 | €1,163 | €2,144 | +€981 | +84.3% |
| Total equity and liabilities | 10/49 | €145,012 | €168,550 | +€23,539 | +16.2% |
| Equity | 10/15 | €68,537 | €44,826 | -€23,710 | -34.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,937 | €26,226 | -€23,710 | -47.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €48,077 | €24,366 | -€23,710 | -49.3% |
| Amounts payable | 17/49 | €76,475 | €123,724 | +€47,249 | +61.8% |
| Amounts payable within one year | 42/48 | €67,063 | €114,903 | +€47,840 | +71.3% |
| Current portion of amounts payable after more than one year | 42 | €7,910 | - | -€7,910 | |
| Trade debts | 44 | €14,780 | €25,717 | +€10,937 | +74.0% |
| Suppliers | 440/4 | €14,780 | €25,717 | +€10,937 | +74.0% |
| Advances received on contracts in progress | 46 | €15,000 | €17,500 | +€2,500 | +16.7% |
| Taxes, remuneration and social security | 45 | €8,068 | €9,515 | +€1,446 | +17.9% |
| Taxes | 450/3 | €3,779 | €9,515 | +€5,736 | +152% |
| Remuneration and social security | 454/9 | €4,290 | - | -€4,290 | |
| Other amounts payable | 47/48 | €21,306 | €62,171 | +€40,865 | +192% |
| Accrued charges and deferred income | 492/3 | €9,411 | €8,821 | -€590 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,045 | €9,639 | -€406 | -4.0% |
| Other operating charges | 640/8 | €1,056 | €1,034 | -€22 | -2.1% |
| Gross operating margin | 9900 | €51,413 | €43,432 | -€7,981 | -15.5% |
| Operating profit (loss) | 9901 | €40,312 | €32,759 | -€7,553 | -18.7% |
| Financial income | 75/76B | €1 | €10 | +€9 | +598% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +598% |
| Financial charges | 65/66B | €2,223 | €2,027 | -€196 | -8.8% |
| Recurring financial charges | 65 | €2,223 | €2,027 | -€196 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €38,090 | €30,742 | -€7,348 | -19.3% |
| Income taxes | 67/77 | €7,075 | €6,376 | -€699 | -9.9% |
| Profit (loss) for the period | 9904 | €31,015 | €24,366 | -€6,649 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,015 | €24,366 | -€6,649 | -21.4% |
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 13 October 2026 via checked.be.