RENOWVOLT: 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.
RENOWVOLT
Largest movements
- Financial fixed assets -€1.0m
down €1.0m (-100%), from €1.0m to €0
- Receivables within one year +€189,873
up €189,873 (+70.5%), from €269,158 to €459,032
of which Other amounts receivable: +€438,557
- Cash +€49,538
up €49,538 (+849%), from €5,837 to €55,375
mainly Net result for the year (+€1.1m) and Investment in fixed assets (net) (+€1.0m)
- Other debts -€543,125
down €543,125 (-100%), from €543,125 to €0
- Trade debts -€153,438
down €153,438 (-98.2%), from €156,181 to €2,743
- Advances received -€136,125
down €136,125 (-100%), from €136,125 to €0
- Profit (loss) carried forward +€71,006
up €71,006, from -€62,686 to €8,320
- Financial income +€1.0m
new in 2025: €1.0m
of which Non-recurring financial income: +€1.0m
- Gross operating margin +€778,600
up €778,600, from -€24,763 to €753,837
- Financial charges -€11,805
down €11,805 (-31.5%), from €37,530 to €25,725
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 | €1,274,995 | €514,406 | -€760,589 | -59.7% |
| Fixed assets | 21/28 | €1,000,000 | €0 | -€1.0m | -100% |
| Financial fixed assets | 28 | €1,000,000 | €0 | -€1.0m | -100% |
| Current assets | 29/58 | €274,995 | €514,406 | +€239,411 | +87.1% |
| Amounts receivable within one year | 40/41 | €269,158 | €459,032 | +€189,873 | +70.5% |
| Trade receivables | 40 | €248,683 | €0 | -€248,683 | -100% |
| Other amounts receivable | 41 | €20,475 | €459,032 | +€438,557 | +2,142% |
| Cash at bank and in hand | 54/58 | €5,837 | €55,375 | +€49,538 | +849% |
| Total equity and liabilities | 10/49 | €1,274,995 | €514,406 | -€760,589 | -59.7% |
| Equity | 10/15 | €437,314 | €508,320 | +€71,006 | +16.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,686 | €8,320 | +€71,006 | |
| Amounts payable | 17/49 | €837,681 | €6,086 | -€831,595 | -99.3% |
| Amounts payable within one year | 42/48 | €837,681 | €6,086 | -€831,595 | -99.3% |
| Trade debts | 44 | €156,181 | €2,743 | -€153,438 | -98.2% |
| Suppliers | 440/4 | €156,181 | €2,743 | -€153,438 | -98.2% |
| Advances received on contracts in progress | 46 | €136,125 | €0 | -€136,125 | -100% |
| Taxes, remuneration and social security | 45 | €2,250 | €3,343 | +€1,093 | +48.6% |
| Taxes | 450/3 | €2,250 | €3,343 | +€1,093 | +48.6% |
| Other amounts payable | 47/48 | €543,125 | €0 | -€543,125 | -100% |
| Non-recurring operating income | 76A | - | €850,000 | +€850,000 | |
| Other operating charges | 640/8 | €393 | €1,710 | +€1,317 | +335% |
| Non-recurring operating charges | 66A | - | €656,000 | +€656,000 | |
| Gross operating margin | 9900 | -€24,763 | €753,837 | +€778,600 | |
| Operating profit (loss) | 9901 | -€25,156 | €96,127 | +€121,283 | |
| Financial income | 75/76B | - | €1,003,948 | +€1.0m | |
| Recurring financial income | 75 | - | €3,948 | +€3,948 | |
| Non-recurring financial income | 76B | - | €1,000,000 | +€1.0m | |
| Financial charges | 65/66B | €37,530 | €25,725 | -€11,805 | -31.5% |
| Recurring financial charges | 65 | €37,530 | €25,725 | -€11,805 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€62,686 | €1,074,349 | +€1.1m | |
| Income taxes | 67/77 | - | €3,343 | +€3,343 | |
| Profit (loss) for the period | 9904 | -€62,686 | €1,071,006 | +€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€62,686 | €1,071,006 | +€1.1m |
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 16 October 2026 via checked.be.