RENOVVITAL: 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.
RENOVVITAL
Largest movements
- Tangible fixed assets -€35,160
down €35,160 (-7.5%), from €467,424 to €432,264
of which Land and buildings: -€23,803
- Cash +€7,405
up €7,405 (+44.0%), from €16,811 to €24,216
mainly Depreciation (+€35,160) and Receivables after one year (+€6,998)
- Receivables after one year -€6,998
down €6,998 (-8.4%), from €83,025 to €76,027
- Debts after one year -€31,032
down €31,032 (-22.1%), from €140,567 to €109,535
- Trade debts -€16,348
down €16,348 (-41.2%), from €39,725 to €23,377
- Advances received +€6,297
up €6,297 (+3.6%), from €174,502 to €180,799
- Gross operating margin -€12,463
down €12,463 (-21.8%), from €57,258 to €44,795
- Taxes -€3,874
down €3,874 (-68.9%), from €5,620 to €1,746
- Financial charges -€589
down €589 (-13.7%), from €4,308 to €3,719
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 | €614,433 | €577,792 | -€36,641 | -6.0% |
| Fixed assets | 21/28 | €467,424 | €432,264 | -€35,160 | -7.5% |
| Tangible fixed assets | 22/27 | €467,424 | €432,264 | -€35,160 | -7.5% |
| Land and buildings | 22 | €449,594 | €425,791 | -€23,803 | -5.3% |
| Plant, machinery and equipment | 23 | €1,134 | €0 | -€1,134 | -100% |
| Furniture and vehicles | 24 | €16,696 | €6,473 | -€10,223 | -61.2% |
| Current assets | 29/58 | €147,009 | €145,528 | -€1,481 | -1.0% |
| Amounts receivable after more than one year | 29 | €83,025 | €76,027 | -€6,998 | -8.4% |
| Other amounts receivable | 291 | €83,025 | €76,027 | -€6,998 | -8.4% |
| Amounts receivable within one year | 40/41 | €46,157 | €44,261 | -€1,896 | -4.1% |
| Trade receivables | 40 | €24,380 | €36,192 | +€11,812 | +48.4% |
| Other amounts receivable | 41 | €21,777 | €8,069 | -€13,708 | -62.9% |
| Cash at bank and in hand | 54/58 | €16,811 | €24,216 | +€7,405 | +44.0% |
| Deferred charges and accrued income | 490/1 | €1,016 | €1,024 | +€8 | +0.8% |
| Total equity and liabilities | 10/49 | €614,433 | €577,792 | -€36,641 | -6.0% |
| Equity | 10/15 | €199,801 | €202,531 | +€2,730 | +1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €184,031 | €186,761 | +€2,730 | +1.5% |
| Distributable reserves | 133 | €184,031 | €186,761 | +€2,730 | +1.5% |
| Profit (loss) carried forward | 14 | €9,570 | €9,570 | = | 0.0% |
| Provisions and deferred taxes | 16 | €4,400 | €4,400 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €4,400 | €4,400 | = | 0.0% |
| Other liabilities and charges | 164/5 | €4,400 | €4,400 | = | 0.0% |
| Amounts payable | 17/49 | €410,232 | €370,861 | -€39,371 | -9.6% |
| Amounts payable after more than one year | 17 | €140,567 | €109,535 | -€31,032 | -22.1% |
| Financial debts | 170/4 | €140,567 | €109,535 | -€31,032 | -22.1% |
| Amounts payable within one year | 42/48 | €269,665 | €261,326 | -€8,339 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €30,450 | €31,032 | +€582 | +1.9% |
| Trade debts | 44 | €39,725 | €23,377 | -€16,348 | -41.2% |
| Suppliers | 440/4 | €39,725 | €23,377 | -€16,348 | -41.2% |
| Advances received on contracts in progress | 46 | €174,502 | €180,799 | +€6,297 | +3.6% |
| Taxes, remuneration and social security | 45 | €1,620 | €2,246 | +€626 | +38.6% |
| Taxes | 450/3 | €620 | €2,046 | +€1,426 | +230% |
| Remuneration and social security | 454/9 | €1,000 | €200 | -€800 | -80.0% |
| Other amounts payable | 47/48 | €23,368 | €23,872 | +€504 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,160 | €35,160 | = | 0.0% |
| Other operating charges | 640/8 | €3,267 | €3,042 | -€225 | -6.9% |
| Gross operating margin | 9900 | €57,258 | €44,795 | -€12,463 | -21.8% |
| Operating profit (loss) | 9901 | €18,831 | €6,593 | -€12,238 | -65.0% |
| Financial income | 75/76B | €1,506 | €1,602 | +€96 | +6.4% |
| Recurring financial income | 75 | €1,506 | €1,602 | +€96 | +6.4% |
| Financial charges | 65/66B | €4,308 | €3,719 | -€589 | -13.7% |
| Recurring financial charges | 65 | €4,308 | €3,719 | -€589 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €16,029 | €4,476 | -€11,553 | -72.1% |
| Income taxes | 67/77 | €5,620 | €1,746 | -€3,874 | -68.9% |
| Profit (loss) for the period | 9904 | €10,409 | €2,730 | -€7,679 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,409 | €2,730 | -€7,679 | -73.8% |
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 17 October 2026 via checked.be.