A2T 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.
A2T RENOV
Largest movements
- Cash -€19,959
down €19,959 (-62.5%), from €31,936 to €11,977
mainly Trade debts (-€13,464) and Receivables within one year (-€12,581)
- Receivables within one year +€12,581
up €12,581 (+35.7%), from €35,254 to €47,835
of which Trade receivables: +€15,960
- Financial fixed assets -€7,540
down €7,540 (-89.3%), from €8,440 to €900
- Deferred charges and accrued income -€4,000
down €4,000 (-29.3%), from €13,666 to €9,666
- Tangible fixed assets +€2,710
up €2,710 (+47.2%), from €5,743 to €8,453
of which Plant, machinery and equipment: +€1,818
- Trade debts -€13,464
down €13,464 (-40.7%), from €33,051 to €19,587
- Tax, wage and social debts -€2,279
down €2,279 (-51.4%), from €4,431 to €2,151
of which Taxes: -€2,279
- Profit (loss) carried forward -€1,397
down €1,397 (-2.7%), from €52,290 to €50,893
- Gross operating margin -€14,737
down €14,737 (-68.0%), from €21,685 to €6,948
- Taxes -€6,304
down €6,304 (-85.1%), from €7,406 to €1,103
- Write-downs -€5,738
new in 2025: -€5,738
- Other operating charges +€5,600
up €5,600 (+1,042%), from €538 to €6,137
- Depreciation +€1,662
up €1,662 (+68.5%), from €2,427 to €4,089
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 | €95,972 | €78,831 | -€17,141 | -17.9% |
| Formation expenses | 20 | €933 | - | -€933 | |
| Fixed assets | 21/28 | €14,183 | €9,353 | -€4,830 | -34.1% |
| Tangible fixed assets | 22/27 | €5,743 | €8,453 | +€2,710 | +47.2% |
| Plant, machinery and equipment | 23 | €1,817 | €3,635 | +€1,818 | +100% |
| Furniture and vehicles | 24 | €3,926 | €4,818 | +€893 | +22.7% |
| Financial fixed assets | 28 | €8,440 | €900 | -€7,540 | -89.3% |
| Current assets | 29/58 | €80,856 | €69,478 | -€11,378 | -14.1% |
| Amounts receivable within one year | 40/41 | €35,254 | €47,835 | +€12,581 | +35.7% |
| Trade receivables | 40 | €17,107 | €33,067 | +€15,960 | +93.3% |
| Other amounts receivable | 41 | €18,147 | €14,768 | -€3,379 | -18.6% |
| Cash at bank and in hand | 54/58 | €31,936 | €11,977 | -€19,959 | -62.5% |
| Deferred charges and accrued income | 490/1 | €13,666 | €9,666 | -€4,000 | -29.3% |
| Total equity and liabilities | 10/49 | €95,972 | €78,831 | -€17,141 | -17.9% |
| Equity | 10/15 | €58,490 | €57,093 | -€1,397 | -2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,290 | €50,893 | -€1,397 | -2.7% |
| Amounts payable | 17/49 | €37,482 | €21,738 | -€15,744 | -42.0% |
| Amounts payable within one year | 42/48 | €37,482 | €21,738 | -€15,744 | -42.0% |
| Trade debts | 44 | €33,051 | €19,587 | -€13,464 | -40.7% |
| Suppliers | 440/4 | €33,051 | €19,587 | -€13,464 | -40.7% |
| Taxes, remuneration and social security | 45 | €4,431 | €2,151 | -€2,279 | -51.4% |
| Taxes | 450/3 | €4,386 | €2,107 | -€2,279 | -52.0% |
| Remuneration and social security | 454/9 | €44 | €44 | = | 0.0% |
| Non-recurring operating income | 76A | €1,412 | €2,188 | +€776 | +54.9% |
| Remuneration, social security and pensions | 62 | €2,143 | €2,145 | +€2 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,427 | €4,089 | +€1,662 | +68.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€5,738 | -€5,738 | |
| Other operating charges | 640/8 | €538 | €6,137 | +€5,600 | +1,042% |
| Gross operating margin | 9900 | €21,685 | €6,948 | -€14,737 | -68.0% |
| Operating profit (loss) | 9901 | €16,577 | €314 | -€16,263 | -98.1% |
| Financial income | 75/76B | €55 | - | -€55 | |
| Recurring financial income | 75 | €55 | - | -€55 | |
| Financial charges | 65/66B | €427 | €609 | +€182 | +42.5% |
| Recurring financial charges | 65 | €427 | €609 | +€182 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | €16,205 | -€294 | -€16,499 | |
| Income taxes | 67/77 | €7,406 | €1,103 | -€6,304 | -85.1% |
| Profit (loss) for the period | 9904 | €8,798 | -€1,397 | -€10,195 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,798 | -€1,397 | -€10,195 |
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 29 October 2026 via checked.be.