AB RENOVE: 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.
AB RENOVE
Largest movements
- Receivables within one year +€2,766
up €2,766 (+8.5%), from €32,550 to €35,316
of which Trade receivables: +€5,270
- Stocks and contracts -€1,155
no longer reported in 2025 (was €1,155)
- Cash -€1,030
down €1,030 (-18.0%), from €5,719 to €4,689
mainly Net result for the year (-€5,738) and Receivables within one year (-€2,766)
- Deferred charges and accrued income +€444
up €444 (+175%), from €254 to €699
- Trade debts +€6,179
up €6,179 (+151%), from €4,096 to €10,275
- Profit (loss) carried forward -€5,738
down €5,738, from €4,189 to -€1,550
- Tax, wage and social debts +€584
up €584 (+63.7%), from €917 to €1,502
- Gross operating margin -€5,482
down €5,482, from €417 to -€5,064
- Depreciation -€484
no longer reported in 2025 (was €484)
- Financial charges -€86
down €86 (-28.7%), from €298 to €213
- Staff costs -€59
no longer reported in 2025 (was €59)
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 | €39,679 | €40,704 | +€1,025 | +2.6% |
| Current assets | 29/58 | €39,679 | €40,704 | +€1,025 | +2.6% |
| Stocks and contracts in progress | 3 | €1,155 | - | -€1,155 | |
| Stocks | 30/36 | €1,155 | - | -€1,155 | |
| Amounts receivable within one year | 40/41 | €32,550 | €35,316 | +€2,766 | +8.5% |
| Trade receivables | 40 | €25,702 | €30,972 | +€5,270 | +20.5% |
| Other amounts receivable | 41 | €6,848 | €4,344 | -€2,505 | -36.6% |
| Cash at bank and in hand | 54/58 | €5,719 | €4,689 | -€1,030 | -18.0% |
| Deferred charges and accrued income | 490/1 | €254 | €699 | +€444 | +175% |
| Total equity and liabilities | 10/49 | €39,679 | €40,704 | +€1,025 | +2.6% |
| Equity | 10/15 | €34,149 | €28,410 | -€5,738 | -16.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Share premium | 1100/10 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €9,500 | €9,500 | = | 0.0% |
| Distributable reserves | 133 | €9,500 | €9,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,189 | -€1,550 | -€5,738 | |
| Amounts payable | 17/49 | €5,530 | €12,293 | +€6,763 | +122% |
| Amounts payable within one year | 42/48 | €5,530 | €12,293 | +€6,763 | +122% |
| Trade debts | 44 | €4,096 | €10,275 | +€6,179 | +151% |
| Suppliers | 440/4 | €4,096 | €10,275 | +€6,179 | +151% |
| Taxes, remuneration and social security | 45 | €917 | €1,502 | +€584 | +63.7% |
| Taxes | 450/3 | €917 | €1,502 | +€584 | +63.7% |
| Other amounts payable | 47/48 | €516 | €516 | = | 0.0% |
| Non-recurring operating income | 76A | €335 | - | -€335 | |
| Remuneration, social security and pensions | 62 | €59 | - | -€59 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | - | -€484 | |
| Other operating charges | 640/8 | €455 | €462 | +€7 | +1.4% |
| Non-recurring operating charges | 66A | €558 | - | -€558 | |
| Gross operating margin | 9900 | €417 | -€5,064 | -€5,482 | |
| Operating profit (loss) | 9901 | -€1,140 | -€5,526 | -€4,386 | -385% |
| Financial income | 75/76B | €1 | €0 | -€1 | -75.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -75.2% |
| Financial charges | 65/66B | €298 | €213 | -€86 | -28.7% |
| Recurring financial charges | 65 | €298 | €213 | -€86 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,437 | -€5,738 | -€4,302 | -299% |
| Profit (loss) for the period | 9904 | -€1,437 | -€5,738 | -€4,302 | -299% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,437 | -€5,738 | -€4,302 | -299% |
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 26 October 2026 via checked.be.