Renovus: 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.
Renovus
Largest movements
- Receivables within one year -€8,779
down €8,779 (-71.0%), from €12,366 to €3,587
- Cash -€7,408
down €7,408 (-49.0%), from €15,112 to €7,704
mainly Net result for the year (-€17,876) and Trade debts (-€94)
- Deferred charges and accrued income -€840
down €840 (-6.6%), from €12,793 to €11,953
- Tangible fixed assets -€543
down €543 (-77.8%), from €698 to €155
of which Furniture and vehicles: -€472
- Profit (loss) carried forward -€17,876
down €17,876 (-98.4%), from €18,164 to €288
- Other operating charges +€9,037
new in 2025: €9,037
- Gross operating margin -€2,602
down €2,602 (-78.1%), from -€3,334 to -€5,936
- Financial charges +€1,353
up €1,353 (+815.5%), from €166 to €1,519
- Taxes -€832
no longer reported in 2025 (was €832)
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.
Cash bridge derived
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 | €40,969 | €23,398 | -€17,571 | -42.9% |
| Fixed assets | 21/28 | €698 | €155 | -€543 | -77.8% |
| Tangible fixed assets | 22/27 | €698 | €155 | -€543 | -77.8% |
| Plant, machinery and equipment | 23 | €73 | €2 | -€71 | -97.8% |
| Furniture and vehicles | 24 | €625 | €153 | -€472 | -75.5% |
| Current assets | 29/58 | €40,271 | €23,244 | -€17,028 | -42.3% |
| Amounts receivable within one year | 40/41 | €12,366 | €3,587 | -€8,779 | -71.0% |
| Other amounts receivable | 41 | €12,366 | €3,587 | -€8,779 | -71.0% |
| Cash at bank and in hand | 54/58 | €15,112 | €7,704 | -€7,408 | -49.0% |
| Deferred charges and accrued income | 490/1 | €12,793 | €11,953 | -€840 | -6.6% |
| Total equity and liabilities | 10/49 | €40,969 | €23,398 | -€17,571 | -42.9% |
| Equity | 10/15 | €40,684 | €22,808 | -€17,876 | -43.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,920 | €3,920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €920 | €920 | = | 0.0% |
| Reserves not available under the articles | 1311 | €920 | €920 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,164 | €288 | -€17,876 | -98.4% |
| Amounts payable | 17/49 | €286 | €591 | +€305 | +106.9% |
| Amounts payable within one year | 42/48 | €286 | €191 | -€94 | -33.0% |
| Trade debts | 44 | €286 | €191 | -€94 | -33.0% |
| Suppliers | 440/4 | €286 | €191 | -€94 | -33.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €543 | €543 | = | 0.0% |
| Other operating charges | 640/8 | - | €9,037 | +€9,037 | |
| Non-recurring operating charges | 66A | €722 | €840 | +€118 | +16.3% |
| Gross operating margin | 9900 | -€3,334 | -€5,936 | -€2,602 | -78.1% |
| Operating profit (loss) | 9901 | -€4,599 | -€16,357 | -€11,758 | -255.6% |
| Financial charges | 65/66B | €166 | €1,519 | +€1,353 | +815.5% |
| Recurring financial charges | 65 | €166 | €1,519 | +€1,353 | +815.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,765 | -€17,876 | -€13,111 | -275.1% |
| Income taxes | 67/77 | €832 | - | -€832 | |
| Profit (loss) for the period | 9904 | -€5,597 | -€17,876 | -€12,279 | -219.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,597 | -€17,876 | -€12,279 | -219.4% |
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 12 October 2026 via checked.be.