ACTIVE RENOVATION: 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.
ACTIVE RENOVATION
Largest movements
- Cash +€56,640
up €56,640 (+9,237%), from €613 to €57,254
mainly Net result for the year (+€50,616) and Receivables within one year (+€4,916)
- Receivables within one year -€4,916
down €4,916 (-92.9%), from €5,294 to €378
of which Trade receivables: -€4,327
- Tangible fixed assets -€2,363
down €2,363 (-59.7%), from €3,956 to €1,593
of which Plant, machinery and equipment: -€3,275
- Profit (loss) carried forward +€50,616
up €50,616 (+64.6%), from -€78,304 to -€27,688
- Trade debts -€3,219
down €3,219 (-91.1%), from €3,535 to €315
- Tax, wage and social debts +€1,559
new in 2025: €1,559
- Other debts +€618
up €618 (+1.0%), from €64,632 to €65,249
- Gross operating margin +€57,062
up €57,062, from -€2,382 to €54,680
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 | €9,863 | €59,530 | +€49,667 | +504% |
| Fixed assets | 21/28 | €3,956 | €1,593 | -€2,363 | -59.7% |
| Tangible fixed assets | 22/27 | €3,956 | €1,593 | -€2,363 | -59.7% |
| Plant, machinery and equipment | 23 | €3,956 | €681 | -€3,275 | -82.8% |
| Furniture and vehicles | 24 | - | €912 | +€912 | |
| Current assets | 29/58 | €5,907 | €57,937 | +€52,030 | +881% |
| Amounts receivable within one year | 40/41 | €5,294 | €378 | -€4,916 | -92.9% |
| Trade receivables | 40 | €4,697 | €370 | -€4,327 | -92.1% |
| Other amounts receivable | 41 | €597 | €8 | -€589 | -98.7% |
| Cash at bank and in hand | 54/58 | €613 | €57,254 | +€56,640 | +9,237% |
| Deferred charges and accrued income | 490/1 | - | €306 | +€306 | |
| Total equity and liabilities | 10/49 | €9,863 | €59,530 | +€49,667 | +504% |
| Equity | 10/15 | -€58,304 | -€7,688 | +€50,616 | +86.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,304 | -€27,688 | +€50,616 | +64.6% |
| Amounts payable | 17/49 | €68,167 | €67,218 | -€948 | -1.4% |
| Amounts payable within one year | 42/48 | €68,167 | €67,124 | -€1,043 | -1.5% |
| Trade debts | 44 | €3,535 | €315 | -€3,219 | -91.1% |
| Suppliers | 440/4 | €3,535 | €315 | -€3,219 | -91.1% |
| Taxes, remuneration and social security | 45 | - | €1,559 | +€1,559 | |
| Taxes | 450/3 | - | €1,559 | +€1,559 | |
| Other amounts payable | 47/48 | €64,632 | €65,249 | +€618 | +1.0% |
| Accrued charges and deferred income | 492/3 | - | €94 | +€94 | |
| Non-recurring operating income | 76A | €165 | €0 | -€165 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,547 | €2,947 | +€400 | +15.7% |
| Other operating charges | 640/8 | €1,211 | €768 | -€442 | -36.5% |
| Gross operating margin | 9900 | -€2,382 | €54,680 | +€57,062 | |
| Operating profit (loss) | 9901 | -€6,140 | €50,965 | +€57,105 | |
| Financial charges | 65/66B | €93 | €140 | +€47 | +51.1% |
| Recurring financial charges | 65 | €93 | €140 | +€47 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,232 | €50,825 | +€57,057 | |
| Income taxes | 67/77 | - | €209 | +€209 | |
| Profit (loss) for the period | 9904 | -€6,232 | €50,616 | +€56,848 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,232 | €50,616 | +€56,848 |
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 17 October 2026 via checked.be.