RENOVIA: 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.
RENOVIA
Largest movements
- Receivables within one year -€7,224
down €7,224 (-70.3%), from €10,274 to €3,050
of which Trade receivables: -€7,620
- Tangible fixed assets -€812
no longer reported in 2025 (was €812)
- Profit (loss) carried forward -€8,505
down €8,505 (-1.2%), from -€694,911 to -€703,415
- Trade debts +€3,635
up €3,635 (+59.9%), from €6,066 to €9,702
- Debts after one year -€2,479
down €2,479 (-2.0%), from €125,354 to €122,876
- Tax, wage and social debts -€604
no longer reported in 2025 (was €604)
- Gross operating margin -€31,343
down €31,343, from €24,956 to -€6,387
- Depreciation -€388
down €388 (-32.3%), from €1,200 to €812
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 | €12,025 | €4,074 | -€7,951 | -66.1% |
| Fixed assets | 21/28 | €812 | - | -€812 | |
| Tangible fixed assets | 22/27 | €812 | - | -€812 | |
| Furniture and vehicles | 24 | €812 | - | -€812 | |
| Current assets | 29/58 | €11,213 | €4,074 | -€7,139 | -63.7% |
| Amounts receivable within one year | 40/41 | €10,274 | €3,050 | -€7,224 | -70.3% |
| Trade receivables | 40 | €10,266 | €2,646 | -€7,620 | -74.2% |
| Other amounts receivable | 41 | €8 | €404 | +€396 | +5,275% |
| Cash at bank and in hand | 54/58 | €939 | €1,024 | +€84 | +9.0% |
| Total equity and liabilities | 10/49 | €12,025 | €4,074 | -€7,951 | -66.1% |
| Equity | 10/15 | -€119,999 | -€128,504 | -€8,505 | -7.1% |
| Contributions | 10/11 | €572,300 | €572,300 | = | 0.0% |
| Reserves | 13 | €2,612 | €2,612 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,612 | €2,612 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,612 | €2,612 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€694,911 | -€703,415 | -€8,505 | -1.2% |
| Amounts payable | 17/49 | €132,024 | €132,577 | +€553 | +0.4% |
| Amounts payable after more than one year | 17 | €125,354 | €122,876 | -€2,479 | -2.0% |
| Financial debts | 170/4 | €125,354 | €122,876 | -€2,479 | -2.0% |
| Amounts payable within one year | 42/48 | €6,670 | €9,702 | +€3,032 | +45.5% |
| Trade debts | 44 | €6,066 | €9,702 | +€3,635 | +59.9% |
| Suppliers | 440/4 | €6,066 | €9,702 | +€3,635 | +59.9% |
| Taxes, remuneration and social security | 45 | €604 | - | -€604 | |
| Taxes | 450/3 | €604 | - | -€604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,200 | €812 | -€388 | -32.3% |
| Other operating charges | 640/8 | €1,171 | €1,258 | +€87 | +7.4% |
| Gross operating margin | 9900 | €24,956 | -€6,387 | -€31,343 | |
| Operating profit (loss) | 9901 | €22,585 | -€8,457 | -€31,042 | |
| Financial charges | 65/66B | €50 | €48 | -€2 | -4.1% |
| Recurring financial charges | 65 | €50 | €48 | -€2 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €22,535 | -€8,505 | -€31,040 | |
| Profit (loss) for the period | 9904 | €22,535 | -€8,505 | -€31,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,535 | -€8,505 | -€31,040 |
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 26 October 2026 via checked.be.