VRELLA RENOV: 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.
VRELLA RENOV
Largest movements
- Cash -€18,456
down €18,456 (-87.3%), from €21,142 to €2,686
mainly Advances received (-€10,352) and Receivables within one year (-€8,588)
- Receivables within one year +€8,588
up €8,588 (+251%), from €3,427 to €12,014
of which Trade receivables: +€6,181
- Deferred charges and accrued income +€5,535
up €5,535 (+1,671%), from €331 to €5,866
- Tangible fixed assets -€5,427
no longer reported in 2026 (was €5,427)
- Advances received -€10,352
no longer reported in 2026 (was €10,352)
- Profit (loss) carried forward +€5,670
up €5,670 (+54.3%), from €10,442 to €16,112
- Trade debts -€2,997
down €2,997 (-50.6%), from €5,918 to €2,921
- Tax, wage and social debts -€1,966
down €1,966 (-56.2%), from €3,500 to €1,534
- Taxes -€1,488
down €1,488 (-42.5%), from €3,500 to €2,012
- Gross operating margin -€1,300
down €1,300 (-9.0%), from €14,511 to €13,211
- Depreciation -€423
no longer reported in 2026 (was €423)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,326 | €20,566 | -€9,760 | -32.2% |
| Fixed assets | 21/28 | €5,427 | - | -€5,427 | |
| Tangible fixed assets | 22/27 | €5,427 | - | -€5,427 | |
| Furniture and vehicles | 24 | €5,427 | - | -€5,427 | |
| Current assets | 29/58 | €24,900 | €20,566 | -€4,333 | -17.4% |
| Amounts receivable within one year | 40/41 | €3,427 | €12,014 | +€8,588 | +251% |
| Trade receivables | 40 | €0 | €6,181 | +€6,181 | |
| Other amounts receivable | 41 | €3,427 | €5,833 | +€2,407 | +70.2% |
| Cash at bank and in hand | 54/58 | €21,142 | €2,686 | -€18,456 | -87.3% |
| Deferred charges and accrued income | 490/1 | €331 | €5,866 | +€5,535 | +1,671% |
| Total equity and liabilities | 10/49 | €30,326 | €20,566 | -€9,760 | -32.2% |
| Equity | 10/15 | €10,442 | €16,112 | +€5,670 | +54.3% |
| Profit (loss) carried forward | 14 | €10,442 | €16,112 | +€5,670 | +54.3% |
| Amounts payable | 17/49 | €19,884 | €4,454 | -€15,430 | -77.6% |
| Amounts payable within one year | 42/48 | €19,884 | €4,454 | -€15,430 | -77.6% |
| Trade debts | 44 | €5,918 | €2,921 | -€2,997 | -50.6% |
| Suppliers | 440/4 | €5,918 | €2,921 | -€2,997 | -50.6% |
| Advances received on contracts in progress | 46 | €10,352 | - | -€10,352 | |
| Taxes, remuneration and social security | 45 | €3,500 | €1,534 | -€1,966 | -56.2% |
| Taxes | 450/3 | €3,500 | €1,534 | -€1,966 | -56.2% |
| Other amounts payable | 47/48 | €114 | - | -€114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423 | - | -€423 | |
| Other operating charges | 640/8 | €138 | €63 | -€75 | -54.1% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Non-recurring operating charges | 66A | - | €5,427 | +€5,427 | |
| Gross operating margin | 9900 | €14,511 | €13,211 | -€1,300 | -9.0% |
| Operating profit (loss) | 9901 | €13,950 | €7,721 | -€6,229 | -44.6% |
| Financial income | 75/76B | €0 | €10 | +€10 | +100,400% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +100,400% |
| Financial charges | 65/66B | €8 | €49 | +€42 | +551% |
| Recurring financial charges | 65 | €8 | €49 | +€42 | +551% |
| Profit (loss) for the period before taxes | 9903 | €13,942 | €7,682 | -€6,260 | -44.9% |
| Income taxes | 67/77 | €3,500 | €2,012 | -€1,488 | -42.5% |
| Profit (loss) for the period | 9904 | €10,442 | €5,670 | -€4,773 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,442 | €5,670 | -€4,773 | -45.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.