RENOVISION: 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.
RENOVISION
Largest movements
- Current assets -€50,793
down €50,793 (-48.9%), from €103,793 to €53,000
of which Receivables within one year: -€27,635
- Tangible fixed assets -€1,119
down €1,119 (-79.7%), from €1,403 to €285
- Equity -€36,648
down €36,648, from €8,273 to -€28,375
of which Profit (loss) carried forward: -€34,103
- Debts -€15,264
down €15,264 (-15.7%), from €96,924 to €81,660
- Gross operating margin -€51,976
down €51,976, from €21,867 to -€30,109
- Depreciation -€2,565
down €2,565 (-69.6%), from €3,684 to €1,119
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,196 | €53,285 | -€51,912 | -49.3% |
| Fixed assets | 21/28 | €1,403 | €285 | -€1,119 | -79.7% |
| Tangible fixed assets | 22/27 | €1,403 | €285 | -€1,119 | -79.7% |
| Current assets | 29/58 | €103,793 | €53,000 | -€50,793 | -48.9% |
| Stocks and contracts in progress | 3 | €3,200 | €3,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €72,361 | €44,727 | -€27,635 | -38.2% |
| Cash at bank and in hand | 54/58 | €4,336 | €116 | -€4,219 | -97.3% |
| Total equity and liabilities | 10/49 | €105,196 | €53,285 | -€51,912 | -49.3% |
| Equity | 10/15 | €8,273 | -€28,375 | -€36,648 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,073 | €104 | -€1,969 | -95.0% |
| Profit (loss) carried forward | 14 | -€576 | -€34,679 | -€34,103 | -5,924% |
| Amounts payable | 17/49 | €96,924 | €81,660 | -€15,264 | -15.7% |
| Amounts payable within one year | 42/48 | €88,922 | €81,660 | -€7,263 | -8.2% |
| Trade debts | 44 | €30,524 | €26,324 | -€4,200 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,684 | €1,119 | -€2,565 | -69.6% |
| Gross operating margin | 9900 | €21,867 | -€30,109 | -€51,976 | |
| Operating profit (loss) | 9901 | €3,952 | -€34,096 | -€38,048 | |
| Recurring financial income | 75 | €876 | €190 | -€687 | -78.4% |
| Recurring financial charges | 65 | €1,804 | €2,168 | +€364 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €3,025 | -€36,075 | -€39,099 | |
| Income taxes | 67/77 | €781 | €573 | -€207 | -26.6% |
| Profit (loss) for the period | 9904 | €2,244 | -€36,648 | -€38,892 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,244 | -€36,648 | -€38,892 |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.