Renovit: 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.
Renovit
Largest movements
- Receivables within one year +€32,843
up €32,843 (+75.9%), from €43,292 to €76,135
of which Trade receivables: +€31,294
- Deferred charges and accrued income +€10,655
up €10,655 (+646%), from €1,649 to €12,303
- Tangible fixed assets -€9,386
down €9,386 (-80.8%), from €11,618 to €2,232
of which Furniture and vehicles: -€8,628
- Stocks and contracts -€2,908
down €2,908 (-17.0%), from €17,061 to €14,153
of which Stocks: -€2,000
- Intangible fixed assets +€1,373
new in 2025: €1,373
- Trade debts +€20,990
up €20,990 (+70.9%), from €29,623 to €50,613
- Reserves +€10,876
up €10,876 (+104%), from €10,435 to €21,311
- Short-term financial debts +€6,557
up €6,557 (+122%), from €5,361 to €11,918
of which Credit institutions: +€9,557
- Tax, wage and social debts +€5,233
up €5,233 (+95.9%), from €5,457 to €10,691
of which Taxes: +€4,543
- Debts after one year -€5,019
down €5,019 (-58.4%), from €8,589 to €3,570
- Gross operating margin +€3,925
up €3,925 (+19.7%), from €19,902 to €23,827
- Depreciation -€2,835
down €2,835 (-69.9%), from €4,055 to €1,220
- Taxes +€1,186
up €1,186 (+25.9%), from €4,571 to €5,757
- Other operating charges -€1,070
down €1,070 (-35.1%), from €3,051 to €1,981
- Financial income -€263
down €263 (-10.4%), from €2,527 to €2,263
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 | €73,845 | €106,422 | +€32,577 | +44.1% |
| Fixed assets | 21/28 | €11,618 | €3,606 | -€8,012 | -69.0% |
| Intangible fixed assets | 21 | - | €1,373 | +€1,373 | |
| Tangible fixed assets | 22/27 | €11,618 | €2,232 | -€9,386 | -80.8% |
| Plant, machinery and equipment | 23 | €2,990 | €2,232 | -€758 | -25.4% |
| Furniture and vehicles | 24 | €8,628 | €0 | -€8,628 | -100% |
| Current assets | 29/58 | €62,227 | €102,817 | +€40,589 | +65.2% |
| Stocks and contracts in progress | 3 | €17,061 | €14,153 | -€2,908 | -17.0% |
| Stocks | 30/36 | €11,578 | €9,578 | -€2,000 | -17.3% |
| Contracts in progress | 37 | €5,483 | €4,575 | -€908 | -16.6% |
| Amounts receivable within one year | 40/41 | €43,292 | €76,135 | +€32,843 | +75.9% |
| Trade receivables | 40 | €2,884 | €34,178 | +€31,294 | +1,085% |
| Other amounts receivable | 41 | €40,408 | €41,957 | +€1,549 | +3.8% |
| Cash at bank and in hand | 54/58 | €225 | €225 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,649 | €12,303 | +€10,655 | +646% |
| Total equity and liabilities | 10/49 | €73,845 | €106,422 | +€32,577 | +44.1% |
| Equity | 10/15 | €15,435 | €22,811 | +€7,376 | +47.8% |
| Contributions | 10/11 | €5,000 | €1,500 | -€3,500 | -70.0% |
| Reserves | 13 | €10,435 | €21,311 | +€10,876 | +104% |
| Distributable reserves | 133 | €10,435 | €21,311 | +€10,876 | +104% |
| Amounts payable | 17/49 | €58,410 | €83,612 | +€25,201 | +43.1% |
| Amounts payable after more than one year | 17 | €8,589 | €3,570 | -€5,019 | -58.4% |
| Financial debts | 170/4 | €8,589 | €3,570 | -€5,019 | -58.4% |
| Amounts payable within one year | 42/48 | €49,822 | €79,715 | +€29,893 | +60.0% |
| Current portion of amounts payable after more than one year | 42 | €9,380 | €5,019 | -€4,361 | -46.5% |
| Financial debts | 43 | €5,361 | €11,918 | +€6,557 | +122% |
| Credit institutions | 430/8 | €2,361 | €11,918 | +€9,557 | +405% |
| Other loans | 439 | €3,000 | €0 | -€3,000 | -100% |
| Trade debts | 44 | €29,623 | €50,613 | +€20,990 | +70.9% |
| Suppliers | 440/4 | €29,623 | €50,613 | +€20,990 | +70.9% |
| Taxes, remuneration and social security | 45 | €5,457 | €10,691 | +€5,233 | +95.9% |
| Taxes | 450/3 | €3,247 | €7,791 | +€4,543 | +140% |
| Remuneration and social security | 454/9 | €2,210 | €2,900 | +€690 | +31.2% |
| Other amounts payable | 47/48 | - | €1,474 | +€1,474 | |
| Accrued charges and deferred income | 492/3 | - | €327 | +€327 | |
| Non-recurring operating income | 76A | - | €7,766 | +€7,766 | |
| Remuneration, social security and pensions | 62 | €357 | €520 | +€163 | +45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,055 | €1,220 | -€2,835 | -69.9% |
| Other operating charges | 640/8 | €3,051 | €1,981 | -€1,070 | -35.1% |
| Non-recurring operating charges | 66A | - | €2,933 | +€2,933 | |
| Gross operating margin | 9900 | €19,902 | €23,827 | +€3,925 | +19.7% |
| Operating profit (loss) | 9901 | €12,439 | €17,173 | +€4,734 | +38.1% |
| Financial income | 75/76B | €2,527 | €2,263 | -€263 | -10.4% |
| Recurring financial income | 75 | €2,527 | €2,263 | -€263 | -10.4% |
| Financial charges | 65/66B | €2,765 | €2,804 | +€39 | +1.4% |
| Recurring financial charges | 65 | €2,765 | €2,804 | +€39 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €12,201 | €16,633 | +€4,432 | +36.3% |
| Income taxes | 67/77 | €4,571 | €5,757 | +€1,186 | +25.9% |
| Profit (loss) for the period | 9904 | €7,630 | €10,876 | +€3,246 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,630 | €10,876 | +€3,246 | +42.5% |
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 18 October 2026 via checked.be.