RENOWIT: what changed
Two fiscal 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.
RENOWIT
Largest movements
- Cash +€14,937
up €14,937 (+62.5%), from €23,886 to €38,824
mainly Net result for the year (+€14,614) and Trade debts (+€6,794)
- Receivables within one year +€12,543
up €12,543 (+50.9%), from €24,618 to €37,161
of which Other amounts receivable: +€6,440
- Tangible fixed assets -€3,068
down €3,068 (-71.2%), from €4,311 to €1,242
of which Furniture and vehicles: -€2,715
- Reserves +€15,000
new in 2025: €15,000
- Trade debts +€6,794
up €6,794 (+132.6%), from €5,122 to €11,917
- Tax, wage and social debts +€4,385
up €4,385 (+82.7%), from €5,304 to €9,689
of which Taxes: +€4,115
- Other debts -€1,454
down €1,454 (-78.1%), from €1,862 to €407
- Gross operating margin +€4,993
up €4,993 (+26.6%), from €18,761 to €23,754
- Taxes +€3,149
up €3,149 (+115.6%), from €2,725 to €5,874
- Depreciation -€2,381
down €2,381 (-41.0%), from €5,809 to €3,428
- Financial income +€422
up €422 (+555.4%), from €76 to €498
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 | €53,121 | €77,460 | +€24,339 | +45.8% |
| Fixed assets | 21/28 | €4,491 | €1,422 | -€3,068 | -68.3% |
| Tangible fixed assets | 22/27 | €4,311 | €1,242 | -€3,068 | -71.2% |
| Plant, machinery and equipment | 23 | €1,197 | €844 | -€353 | -29.5% |
| Furniture and vehicles | 24 | €3,114 | €399 | -€2,715 | -87.2% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €48,631 | €76,038 | +€27,407 | +56.4% |
| Amounts receivable within one year | 40/41 | €24,618 | €37,161 | +€12,543 | +50.9% |
| Trade receivables | 40 | €17,896 | €23,998 | +€6,102 | +34.1% |
| Other amounts receivable | 41 | €6,722 | €13,163 | +€6,440 | +95.8% |
| Cash at bank and in hand | 54/58 | €23,886 | €38,824 | +€14,937 | +62.5% |
| Deferred charges and accrued income | 490/1 | €126 | €54 | -€73 | -57.5% |
| Total equity and liabilities | 10/49 | €53,121 | €77,460 | +€24,339 | +45.8% |
| Equity | 10/15 | €40,833 | €55,447 | +€14,614 | +35.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €15,000 | +€15,000 | |
| Distributable reserves | 133 | - | €15,000 | +€15,000 | |
| Profit (loss) carried forward | 14 | €35,833 | €35,447 | -€386 | -1.1% |
| Amounts payable | 17/49 | €12,288 | €22,013 | +€9,725 | +79.1% |
| Amounts payable within one year | 42/48 | €12,288 | €22,013 | +€9,725 | +79.1% |
| Trade debts | 44 | €5,122 | €11,917 | +€6,794 | +132.6% |
| Suppliers | 440/4 | €5,122 | €11,917 | +€6,794 | +132.6% |
| Taxes, remuneration and social security | 45 | €5,304 | €9,689 | +€4,385 | +82.7% |
| Taxes | 450/3 | €5,085 | €9,199 | +€4,115 | +80.9% |
| Remuneration and social security | 454/9 | €219 | €490 | +€271 | +123.3% |
| Other amounts payable | 47/48 | €1,862 | €407 | -€1,454 | -78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,809 | €3,428 | -€2,381 | -41.0% |
| Other operating charges | 640/8 | €376 | €140 | -€236 | -62.7% |
| Gross operating margin | 9900 | €18,761 | €23,754 | +€4,993 | +26.6% |
| Operating profit (loss) | 9901 | €12,577 | €20,186 | +€7,610 | +60.5% |
| Financial income | 75/76B | €76 | €498 | +€422 | +555.4% |
| Recurring financial income | 75 | €76 | €498 | +€422 | +555.4% |
| Financial charges | 65/66B | €153 | €196 | +€43 | +27.9% |
| Recurring financial charges | 65 | €153 | €196 | +€43 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | €12,499 | €20,488 | +€7,989 | +63.9% |
| Income taxes | 67/77 | €2,725 | €5,874 | +€3,149 | +115.6% |
| Profit (loss) for the period | 9904 | €9,774 | €14,614 | +€4,840 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,774 | €14,614 | +€4,840 | +49.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.