RENOWOONST: 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.
RENOWOONST
Largest movements
- Receivables within one year +€1.5m
up €1.5m (+3852.1%), from €38,990 to €1.5m
of which Trade receivables: +€1.5m
- Stocks and contracts -€880,882
no longer reported in 2025 (was €880,882)
- Other debts +€331,659
up €331,659 (+126.9%), from €261,411 to €593,069
- Reserves +€187,628
up €187,628 (+39.1%), from €480,214 to €667,842
- Trade debts +€82,359
up €82,359 (+682.3%), from €12,072 to €94,431
- Gross operating margin -€104,276
down €104,276 (-23.7%), from €439,556 to €335,280
- Financial charges -€36,670
down €36,670 (-52.3%), from €70,166 to €33,496
- Taxes -€14,340
down €14,340 (-14.1%), from €101,834 to €87,494
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 | €1,048,454 | €1,645,226 | +€596,772 | +56.9% |
| Fixed assets | 21/28 | €108,511 | €99,605 | -€8,906 | -8.2% |
| Tangible fixed assets | 22/27 | €108,511 | €99,605 | -€8,906 | -8.2% |
| Furniture and vehicles | 24 | €2,371 | €1,772 | -€598 | -25.2% |
| Other tangible fixed assets | 26 | €106,140 | €97,833 | -€8,307 | -7.8% |
| Current assets | 29/58 | €939,943 | €1,545,621 | +€605,678 | +64.4% |
| Stocks and contracts in progress | 3 | €880,882 | - | -€880,882 | |
| Stocks | 30/36 | €880,882 | - | -€880,882 | |
| Amounts receivable within one year | 40/41 | €38,990 | €1,540,939 | +€1.5m | +3852.1% |
| Trade receivables | 40 | €5,000 | €1,513,309 | +€1.5m | +30166.2% |
| Other amounts receivable | 41 | €33,990 | €27,630 | -€6,360 | -18.7% |
| Cash at bank and in hand | 54/58 | €18,277 | €3,803 | -€14,475 | -79.2% |
| Deferred charges and accrued income | 490/1 | €1,793 | €879 | -€914 | -51.0% |
| Total equity and liabilities | 10/49 | €1,048,454 | €1,645,226 | +€596,772 | +56.9% |
| Equity | 10/15 | €498,764 | €686,392 | +€187,628 | +37.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €480,214 | €667,842 | +€187,628 | +39.1% |
| Distributable reserves | 133 | €480,214 | €667,842 | +€187,628 | +39.1% |
| Amounts payable | 17/49 | €549,690 | €958,834 | +€409,144 | +74.4% |
| Amounts payable after more than one year | 17 | €31,334 | €26,384 | -€4,950 | -15.8% |
| Financial debts | 170/4 | €31,334 | €26,384 | -€4,950 | -15.8% |
| Amounts payable within one year | 42/48 | €518,356 | €932,450 | +€414,094 | +79.9% |
| Current portion of amounts payable after more than one year | 42 | €4,874 | €4,950 | +€76 | +1.6% |
| Financial debts | 43 | €240,000 | €240,000 | = | 0.0% |
| Credit institutions | 430/8 | €240,000 | €240,000 | = | 0.0% |
| Trade debts | 44 | €12,072 | €94,431 | +€82,359 | +682.3% |
| Suppliers | 440/4 | €12,072 | €94,431 | +€82,359 | +682.3% |
| Other amounts payable | 47/48 | €261,411 | €593,069 | +€331,659 | +126.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,543 | €14,662 | +€118 | +0.8% |
| Other operating charges | 640/8 | €6,937 | €3,810 | -€3,127 | -45.1% |
| Non-recurring operating charges | 66A | - | €8,234 | +€8,234 | |
| Gross operating margin | 9900 | €439,556 | €335,280 | -€104,276 | -23.7% |
| Operating profit (loss) | 9901 | €418,076 | €308,574 | -€109,502 | -26.2% |
| Financial income | 75/76B | €485 | €44 | -€441 | -90.9% |
| Recurring financial income | 75 | €485 | €44 | -€441 | -90.9% |
| Financial charges | 65/66B | €70,166 | €33,496 | -€36,670 | -52.3% |
| Recurring financial charges | 65 | €70,166 | €33,496 | -€36,670 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €348,395 | €275,122 | -€73,273 | -21.0% |
| Income taxes | 67/77 | €101,834 | €87,494 | -€14,340 | -14.1% |
| Profit (loss) for the period | 9904 | €246,561 | €187,628 | -€58,933 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €246,561 | €187,628 | -€58,933 | -23.9% |
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 2 October 2026 via checked.be.