RENVERS: 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.
RENVERS
Largest movements
- Tangible fixed assets +€3,433
up €3,433 (+24.5%), from €13,991 to €17,424
of which Furniture and vehicles: +€3,573
- Cash +€2,973
up €2,973 (+12.6%), from €23,658 to €26,631
mainly Other debts (+€15,711) and Net result for the year (+€12,020)
- Deferred charges and accrued income -€1,369
down €1,369 (-29.5%), from €4,646 to €3,277
- Receivables within one year +€889
up €889 (+84.0%), from €1,059 to €1,947
of which Other amounts receivable: +€1,613
- Reserves -€16,059
down €16,059 (-57.2%), from €28,079 to €12,020
- Other debts +€15,711
up €15,711 (+189.3%), from €8,299 to €24,010
- Trade debts +€5,145
up €5,145 (+2737.6%), from €188 to €5,332
- Tax, wage and social debts +€729
up €729 (+19.3%), from €3,788 to €4,518
- Gross operating margin -€20,195
down €20,195 (-51.2%), from €39,452 to €19,256
- Taxes -€4,278
down €4,278 (-55.8%), from €7,665 to €3,387
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 | €43,353 | €49,279 | +€5,926 | +13.7% |
| Fixed assets | 21/28 | €13,991 | €17,424 | +€3,433 | +24.5% |
| Tangible fixed assets | 22/27 | €13,991 | €17,424 | +€3,433 | +24.5% |
| Plant, machinery and equipment | 23 | - | €1,848 | +€1,848 | |
| Furniture and vehicles | 24 | €1,792 | €5,365 | +€3,573 | +199.4% |
| Other tangible fixed assets | 26 | €12,199 | €10,211 | -€1,988 | -16.3% |
| Current assets | 29/58 | €29,363 | €31,855 | +€2,492 | +8.5% |
| Amounts receivable within one year | 40/41 | €1,059 | €1,947 | +€889 | +84.0% |
| Trade receivables | 40 | €724 | €0 | -€724 | -100.0% |
| Other amounts receivable | 41 | €335 | €1,947 | +€1,613 | +482.1% |
| Cash at bank and in hand | 54/58 | €23,658 | €26,631 | +€2,973 | +12.6% |
| Deferred charges and accrued income | 490/1 | €4,646 | €3,277 | -€1,369 | -29.5% |
| Total equity and liabilities | 10/49 | €43,353 | €49,279 | +€5,926 | +13.7% |
| Equity | 10/15 | €31,079 | €15,020 | -€16,059 | -51.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €28,079 | €12,020 | -€16,059 | -57.2% |
| Distributable reserves | 133 | €28,079 | €12,020 | -€16,059 | -57.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,275 | €34,259 | +€21,985 | +179.1% |
| Amounts payable within one year | 42/48 | €12,275 | €33,860 | +€21,585 | +175.8% |
| Trade debts | 44 | €188 | €5,332 | +€5,145 | +2737.6% |
| Suppliers | 440/4 | €188 | €5,332 | +€5,145 | +2737.6% |
| Taxes, remuneration and social security | 45 | €3,788 | €4,518 | +€729 | +19.3% |
| Taxes | 450/3 | €3,788 | €4,518 | +€729 | +19.3% |
| Other amounts payable | 47/48 | €8,299 | €24,010 | +€15,711 | +189.3% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,786 | €2,954 | +€168 | +6.0% |
| Other operating charges | 640/8 | €780 | €804 | +€23 | +3.0% |
| Gross operating margin | 9900 | €39,452 | €19,256 | -€20,195 | -51.2% |
| Operating profit (loss) | 9901 | €35,885 | €15,499 | -€20,386 | -56.8% |
| Financial income | 75/76B | €0 | €8 | +€8 | |
| Recurring financial income | 75 | €0 | €8 | +€8 | |
| Financial charges | 65/66B | €141 | €100 | -€42 | -29.5% |
| Recurring financial charges | 65 | €141 | €100 | -€42 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €35,744 | €15,407 | -€20,337 | -56.9% |
| Income taxes | 67/77 | €7,665 | €3,387 | -€4,278 | -55.8% |
| Profit (loss) for the period | 9904 | €28,079 | €12,020 | -€16,059 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,079 | €12,020 | -€16,059 | -57.2% |
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 6 October 2026 via checked.be.