RENOVESTA: what changed
RENOVESTA
Largest movements
- Receivables within one year -€6,522
down €6,522 (-71.5%), from €9,124 to €2,602
of which Trade receivables: -€3,944
- Stocks and contracts -€4,777
no longer reported in 2025 (was €4,777)
- Deferred charges and accrued income -€1,507
down €1,507 (-96.3%), from €1,564 to €57
- Tangible fixed assets -€1,291
no longer reported in 2025 (was €1,291)
- Trade debts -€11,019
down €11,019 (-96.6%), from €11,408 to €389
- Reserves -€3,290
down €3,290 (-16.9%), from €19,511 to €16,222
- Tax, wage and social debts +€1,856
new in 2025: €1,856
- Accrued charges and deferred income -€1,667
no longer reported in 2025 (was €1,667)
- Gross operating margin +€2,190
up €2,190 (+37.9%), from -€5,777 to -€3,587
- Financial income +€1,417
up €1,417 (+428%), from €331 to €1,748
- Depreciation -€338
no longer reported in 2025 (was €338)
- Financial charges -€81
down €81 (-31.7%), from €256 to €175
- Other operating charges -€73
down €73 (-17.2%), from €422 to €350
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 | €42,586 | €28,467 | -€14,120 | -33.2% |
| Fixed assets | 21/28 | €1,291 | - | -€1,291 | |
| Tangible fixed assets | 22/27 | €1,291 | - | -€1,291 | |
| Plant, machinery and equipment | 23 | €1,291 | - | -€1,291 | |
| Current assets | 29/58 | €41,295 | €28,467 | -€12,828 | -31.1% |
| Stocks and contracts in progress | 3 | €4,777 | - | -€4,777 | |
| Stocks | 30/36 | €4,777 | - | -€4,777 | |
| Amounts receivable within one year | 40/41 | €9,124 | €2,602 | -€6,522 | -71.5% |
| Trade receivables | 40 | €4,584 | €640 | -€3,944 | -86.0% |
| Other amounts receivable | 41 | €4,540 | €1,963 | -€2,578 | -56.8% |
| Cash at bank and in hand | 54/58 | €25,830 | €25,807 | -€23 | -0.1% |
| Deferred charges and accrued income | 490/1 | €1,564 | €57 | -€1,507 | -96.3% |
| Total equity and liabilities | 10/49 | €42,586 | €28,467 | -€14,120 | -33.2% |
| Equity | 10/15 | €29,511 | €26,222 | -€3,290 | -11.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €19,511 | €16,222 | -€3,290 | -16.9% |
| Distributable reserves | 133 | €19,511 | €16,222 | -€3,290 | -16.9% |
| Amounts payable | 17/49 | €13,075 | €2,245 | -€10,830 | -82.8% |
| Amounts payable within one year | 42/48 | €11,408 | €2,245 | -€9,163 | -80.3% |
| Trade debts | 44 | €11,408 | €389 | -€11,019 | -96.6% |
| Suppliers | 440/4 | €11,408 | €389 | -€11,019 | -96.6% |
| Taxes, remuneration and social security | 45 | - | €1,856 | +€1,856 | |
| Taxes | 450/3 | - | €1,856 | +€1,856 | |
| Accrued charges and deferred income | 492/3 | €1,667 | - | -€1,667 | |
| Non-recurring operating income | 76A | - | €9,648 | +€9,648 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338 | - | -€338 | |
| Other operating charges | 640/8 | €422 | €350 | -€73 | -17.2% |
| Non-recurring operating charges | 66A | - | €926 | +€926 | |
| Gross operating margin | 9900 | -€5,777 | -€3,587 | +€2,190 | +37.9% |
| Operating profit (loss) | 9901 | -€6,537 | -€4,863 | +€1,674 | +25.6% |
| Financial income | 75/76B | €331 | €1,748 | +€1,417 | +428% |
| Recurring financial income | 75 | €331 | €1,748 | +€1,417 | +428% |
| Financial charges | 65/66B | €256 | €175 | -€81 | -31.7% |
| Recurring financial charges | 65 | €256 | €175 | -€81 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,462 | -€3,290 | +€3,172 | +49.1% |
| Profit (loss) for the period | 9904 | -€6,462 | -€3,290 | +€3,172 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,462 | -€3,290 | +€3,172 | +49.1% |
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 8 November 2026 via checked.be.