Renovice: 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.
Renovice
Largest movements
- Receivables within one year +€135,196
up €135,196, from €0 to €135,196
of which Other amounts receivable: +€135,174
- Cash -€46,150
down €46,150 (-64.7%), from €71,322 to €25,172
mainly Receivables within one year (-€135,196) and Trade debts (-€16,090)
- Deferred charges and accrued income +€7,888
up €7,888 (+210%), from €3,748 to €11,635
- Tangible fixed assets -€5,028
down €5,028 (-51.0%), from €9,867 to €4,839
of which Furniture and vehicles: -€6,074
- Profit (loss) carried forward +€86,033
up €86,033 (+108%), from €79,843 to €165,875
- Tax, wage and social debts +€23,407
up €23,407 (+70.8%), from €33,044 to €56,451
- Trade debts -€16,090
down €16,090 (-32.4%), from €49,660 to €33,570
- Gross operating margin +€27,913
up €27,913 (+32.3%), from €86,434 to €114,347
- Taxes +€8,915
up €8,915 (+45.6%), from €19,545 to €28,460
- Financial income +€8,111
up €8,111 (+3,120%), from €260 to €8,371
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 | €168,978 | €261,123 | +€92,145 | +54.5% |
| Fixed assets | 21/28 | €9,867 | €4,839 | -€5,028 | -51.0% |
| Tangible fixed assets | 22/27 | €9,867 | €4,839 | -€5,028 | -51.0% |
| Plant, machinery and equipment | 23 | - | €1,046 | +€1,046 | |
| Furniture and vehicles | 24 | €9,867 | €3,793 | -€6,074 | -61.6% |
| Current assets | 29/58 | €159,111 | €256,284 | +€97,173 | +61.1% |
| Amounts receivable after more than one year | 29 | €84,042 | €84,280 | +€238 | +0.3% |
| Other amounts receivable | 291 | €84,042 | €84,280 | +€238 | +0.3% |
| Amounts receivable within one year | 40/41 | €0 | €135,196 | +€135,196 | |
| Trade receivables | 40 | - | €23 | +€23 | |
| Other amounts receivable | 41 | €0 | €135,174 | +€135,174 | |
| Cash at bank and in hand | 54/58 | €71,322 | €25,172 | -€46,150 | -64.7% |
| Deferred charges and accrued income | 490/1 | €3,748 | €11,635 | +€7,888 | +210% |
| Total equity and liabilities | 10/49 | €168,978 | €261,123 | +€92,145 | +54.5% |
| Equity | 10/15 | €84,843 | €170,875 | +€86,033 | +101% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,843 | €165,875 | +€86,033 | +108% |
| Amounts payable | 17/49 | €84,135 | €90,247 | +€6,112 | +7.3% |
| Amounts payable within one year | 42/48 | €84,135 | €90,021 | +€5,885 | +7.0% |
| Trade debts | 44 | €49,660 | €33,570 | -€16,090 | -32.4% |
| Suppliers | 440/4 | €49,660 | €33,570 | -€16,090 | -32.4% |
| Taxes, remuneration and social security | 45 | €33,044 | €56,451 | +€23,407 | +70.8% |
| Taxes | 450/3 | €33,044 | €56,451 | +€23,407 | +70.8% |
| Other amounts payable | 47/48 | €1,432 | €0 | -€1,432 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €227 | +€227 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,074 | €6,158 | +€84 | +1.4% |
| Other operating charges | 640/8 | €1,147 | €1,370 | +€222 | +19.4% |
| Gross operating margin | 9900 | €86,434 | €114,347 | +€27,913 | +32.3% |
| Operating profit (loss) | 9901 | €79,213 | €106,820 | +€27,607 | +34.9% |
| Financial income | 75/76B | €260 | €8,371 | +€8,111 | +3,120% |
| Recurring financial income | 75 | €260 | €8,371 | +€8,111 | +3,120% |
| Financial charges | 65/66B | €577 | €698 | +€121 | +21.0% |
| Recurring financial charges | 65 | €577 | €698 | +€121 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €78,896 | €114,493 | +€35,597 | +45.1% |
| Income taxes | 67/77 | €19,545 | €28,460 | +€8,915 | +45.6% |
| Profit (loss) for the period | 9904 | €59,351 | €86,033 | +€26,682 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,351 | €86,033 | +€26,682 | +45.0% |
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 15 October 2026 via checked.be.