RM-RENOV: 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.
RM-RENOV
Largest movements
- Tangible fixed assets -€20,347
down €20,347 (-90.5%), from €22,484 to €2,137
of which Furniture and vehicles: -€18,028
- Receivables within one year -€1,325
down €1,325 (-20.6%), from €6,437 to €5,112
of which Trade receivables: -€1,328
- Trade debts -€17,494
down €17,494 (-69.3%), from €25,255 to €7,761
- Profit (loss) carried forward -€10,303
down €10,303 (-31.2%), from -€33,053 to -€43,357
- Other debts +€6,019
up €6,019 (+17.0%), from €35,488 to €41,507
- Depreciation -€4,629
down €4,629 (-61.2%), from €7,559 to €2,931
- Gross operating margin +€1,477
up €1,477, from -€804 to €673
- Other operating charges -€1,337
down €1,337 (-69.6%), from €1,923 to €585
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 | €28,921 | €7,256 | -€21,665 | -74.9% |
| Fixed assets | 21/28 | €22,484 | €2,137 | -€20,347 | -90.5% |
| Tangible fixed assets | 22/27 | €22,484 | €2,137 | -€20,347 | -90.5% |
| Plant, machinery and equipment | 23 | €3,983 | €1,664 | -€2,319 | -58.2% |
| Furniture and vehicles | 24 | €18,501 | €473 | -€18,028 | -97.4% |
| Current assets | 29/58 | €6,437 | €5,119 | -€1,318 | -20.5% |
| Amounts receivable within one year | 40/41 | €6,437 | €5,112 | -€1,325 | -20.6% |
| Trade receivables | 40 | €6,236 | €4,908 | -€1,328 | -21.3% |
| Other amounts receivable | 41 | €201 | €204 | +€3 | +1.4% |
| Cash at bank and in hand | 54/58 | - | €7 | +€7 | |
| Total equity and liabilities | 10/49 | €28,921 | €7,256 | -€21,665 | -74.9% |
| Equity | 10/15 | -€33,053 | -€43,357 | -€10,303 | -31.2% |
| Profit (loss) carried forward | 14 | -€33,053 | -€43,357 | -€10,303 | -31.2% |
| Amounts payable | 17/49 | €61,975 | €50,613 | -€11,362 | -18.3% |
| Amounts payable within one year | 42/48 | €61,975 | €50,613 | -€11,362 | -18.3% |
| Trade debts | 44 | €25,255 | €7,761 | -€17,494 | -69.3% |
| Suppliers | 440/4 | €25,255 | €7,761 | -€17,494 | -69.3% |
| Taxes, remuneration and social security | 45 | €1,232 | €1,345 | +€113 | +9.2% |
| Taxes | 450/3 | €1,167 | €1,280 | +€113 | +9.7% |
| Remuneration and social security | 454/9 | €65 | €65 | = | 0.0% |
| Other amounts payable | 47/48 | €35,488 | €41,507 | +€6,019 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,559 | €2,931 | -€4,629 | -61.2% |
| Other operating charges | 640/8 | €1,923 | €585 | -€1,337 | -69.6% |
| Non-recurring operating charges | 66A | - | €7,370 | +€7,370 | |
| Gross operating margin | 9900 | -€804 | €673 | +€1,477 | |
| Operating profit (loss) | 9901 | -€10,286 | -€10,213 | +€73 | +0.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €90 | €91 | +€0 | +0.2% |
| Recurring financial charges | 65 | €90 | €91 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,376 | -€10,303 | +€73 | +0.7% |
| Profit (loss) for the period | 9904 | -€10,376 | -€10,303 | +€73 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,376 | -€10,303 | +€73 | +0.7% |
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 8 October 2026 via checked.be.