RENVIS: 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.
What changed
RENVIS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€33,287
2024 · €20,281+€13,007
Equity
€141,902
2024 · €142,504-€602
Cash
€37,650
2024 · €36,925+€725
Balance sheet total
€172,752
2024 · €248,932-€76,180
Largest movements
Assets
- Current investments -€49,396
down €49,396 (-47.3%), from €104,375 to €54,979
- Tangible fixed assets -€28,233
down €28,233 (-32.9%), from €85,885 to €57,652
of which Furniture and vehicles: -€25,017
Equity and liabilities
- Other debts -€60,377
down €60,377 (-96.3%), from €62,677 to €2,300
- Debts after one year -€15,850
down €15,850 (-85.5%), from €18,538 to €2,687
Income statement
- Gross operating margin +€14,386
up €14,386 (+22.8%), from €63,105 to €77,491
- Taxes +€1,694
up €1,694 (+13.8%), from €12,293 to €13,987
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.
Result 2024
€20,281
Gross operating margin
+€14,386
Depreciation
-€74
Other operating charges
+€460
Financial income
-€487
Financial charges
+€416
Taxes
-€1,694
Result 2025
€33,287
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.
From operations
+€610
Investment
+€49,396
Financing
-€49,281
Cash 2024
€36,925
From operations (derived)
+€610
Net result for the year
+€33,287
Depreciation
+€28,233
Receivables within one year
-€364
Deferred charges and accrued income
-€361
Trade debts
+€809
Tax, wage and social debts
-€619
Other debts
-€60,377
Investment (derived)
+€49,396
Current investments
+€49,396
Financing
-€49,281
Debts after one year
-€15,850
Current portion of long-term debt
+€459
Contributions, distributions and other
-€33,889
Cash 2025
€37,650
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €248,932 | €172,752 | -€76,180 | -30.6% |
| Fixed assets | 21/28 | €85,885 | €57,652 | -€28,233 | -32.9% |
| Tangible fixed assets | 22/27 | €85,885 | €57,652 | -€28,233 | -32.9% |
| Furniture and vehicles | 24 | €76,475 | €51,457 | -€25,017 | -32.7% |
| Other tangible fixed assets | 26 | €9,410 | €6,195 | -€3,216 | -34.2% |
| Current assets | 29/58 | €163,047 | €115,100 | -€47,947 | -29.4% |
| Amounts receivable within one year | 40/41 | €19,601 | €19,964 | +€364 | +1.9% |
| Trade receivables | 40 | €19,592 | €19,960 | +€368 | +1.9% |
| Other amounts receivable | 41 | €9 | €5 | -€4 | -45.6% |
| Current investments | 50/53 | €104,375 | €54,979 | -€49,396 | -47.3% |
| Cash at bank and in hand | 54/58 | €36,925 | €37,650 | +€725 | +2.0% |
| Deferred charges and accrued income | 490/1 | €2,146 | €2,507 | +€361 | +16.8% |
| Total equity and liabilities | 10/49 | €248,932 | €172,752 | -€76,180 | -30.6% |
| Equity | 10/15 | €142,504 | €141,902 | -€602 | -0.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €123,504 | €122,902 | -€602 | -0.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €5,188 | €5,188 | = | 0.0% |
| Distributable reserves | 133 | €118,317 | €117,714 | -€602 | -0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €106,428 | €30,850 | -€75,578 | -71.0% |
| Amounts payable after more than one year | 17 | €18,538 | €2,687 | -€15,850 | -85.5% |
| Financial debts | 170/4 | €18,538 | €2,687 | -€15,850 | -85.5% |
| Amounts payable within one year | 42/48 | €87,890 | €28,163 | -€59,728 | -68.0% |
| Current portion of amounts payable after more than one year | 42 | €15,392 | €15,850 | +€459 | +3.0% |
| Trade debts | 44 | €188 | €998 | +€809 | +429.6% |
| Suppliers | 440/4 | €188 | €998 | +€809 | +429.6% |
| Taxes, remuneration and social security | 45 | €9,634 | €9,015 | -€619 | -6.4% |
| Taxes | 450/3 | €6,934 | €5,908 | -€1,026 | -14.8% |
| Remuneration and social security | 454/9 | €2,700 | €3,107 | +€407 | +15.1% |
| Other amounts payable | 47/48 | €62,677 | €2,300 | -€60,377 | -96.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,159 | €28,233 | +€74 | +0.3% |
| Other operating charges | 640/8 | €1,562 | €1,102 | -€460 | -29.4% |
| Gross operating margin | 9900 | €63,105 | €77,491 | +€14,386 | +22.8% |
| Operating profit (loss) | 9901 | €33,384 | €48,156 | +€14,772 | +44.2% |
| Financial income | 75/76B | €487 | €0 | -€487 | -100.0% |
| Recurring financial income | 75 | €487 | €0 | -€487 | -100.0% |
| Financial charges | 65/66B | €1,298 | €882 | -€416 | -32.1% |
| Recurring financial charges | 65 | €1,298 | €882 | -€416 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €32,574 | €47,274 | +€14,701 | +45.1% |
| Income taxes | 67/77 | €12,293 | €13,987 | +€1,694 | +13.8% |
| Profit (loss) for the period | 9904 | €20,281 | €33,287 | +€13,007 | +64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,281 | €33,287 | +€13,007 | +64.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.