ACB 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.
ACB RENOVE
Largest movements
- Receivables within one year -€25,845
down €25,845 (-42.0%), from €61,475 to €35,630
of which Trade receivables: -€18,228
- Tangible fixed assets -€2,004
down €2,004 (-54.5%), from €3,674 to €1,670
- Cash +€934
up €934 (+30.0%), from €3,112 to €4,045
mainly Receivables within one year (+€25,845) and Net result for the year (+€7,366)
- Trade debts -€35,296
down €35,296 (-43.0%), from €82,082 to €46,786
- Profit (loss) carried forward +€7,366
up €7,366 (+4.2%), from -€176,900 to -€169,534
- Other debts +€850
up €850 (+0.5%), from €157,788 to €158,638
- Gross operating margin +€44,802
up €44,802, from -€33,687 to €11,116
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 | €69,381 | €42,300 | -€27,080 | -39.0% |
| Fixed assets | 21/28 | €3,911 | €1,906 | -€2,004 | -51.2% |
| Tangible fixed assets | 22/27 | €3,674 | €1,670 | -€2,004 | -54.5% |
| Furniture and vehicles | 24 | €3,674 | €1,670 | -€2,004 | -54.5% |
| Financial fixed assets | 28 | €236 | €236 | = | 0.0% |
| Current assets | 29/58 | €65,470 | €40,394 | -€25,076 | -38.3% |
| Amounts receivable within one year | 40/41 | €61,475 | €35,630 | -€25,845 | -42.0% |
| Trade receivables | 40 | €53,000 | €34,772 | -€18,228 | -34.4% |
| Other amounts receivable | 41 | €8,475 | €858 | -€7,617 | -89.9% |
| Cash at bank and in hand | 54/58 | €3,112 | €4,045 | +€934 | +30.0% |
| Deferred charges and accrued income | 490/1 | €883 | €718 | -€165 | -18.7% |
| Total equity and liabilities | 10/49 | €69,381 | €42,300 | -€27,080 | -39.0% |
| Equity | 10/15 | -€170,490 | -€163,124 | +€7,366 | +4.3% |
| Contributions | 10/11 | €6,410 | €6,410 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€176,900 | -€169,534 | +€7,366 | +4.2% |
| Amounts payable | 17/49 | €239,870 | €205,424 | -€34,446 | -14.4% |
| Amounts payable within one year | 42/48 | €239,870 | €205,424 | -€34,446 | -14.4% |
| Trade debts | 44 | €82,082 | €46,786 | -€35,296 | -43.0% |
| Suppliers | 440/4 | €82,082 | €46,786 | -€35,296 | -43.0% |
| Other amounts payable | 47/48 | €157,788 | €158,638 | +€850 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,909 | €3,243 | +€334 | +11.5% |
| Other operating charges | 640/8 | €458 | €400 | -€58 | -12.7% |
| Gross operating margin | 9900 | -€33,687 | €11,116 | +€44,802 | |
| Operating profit (loss) | 9901 | -€37,054 | €7,473 | +€44,527 | |
| Financial income | 75/76B | €15 | €14 | -€1 | -3.8% |
| Recurring financial income | 75 | €15 | €14 | -€1 | -3.8% |
| Financial charges | 65/66B | €108 | €121 | +€13 | +11.9% |
| Recurring financial charges | 65 | €108 | €121 | +€13 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | -€37,147 | €7,366 | +€44,513 | |
| Profit (loss) for the period | 9904 | -€37,147 | €7,366 | +€44,513 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,147 | €7,366 | +€44,513 |
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 23 October 2026 via checked.be.