AJV-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.
AJV-RENOV
Largest movements
- Receivables within one year -€7,091
down €7,091 (-10.4%), from €68,242 to €61,151
of which Other amounts receivable: -€4,643
- Tangible fixed assets -€2,902
down €2,902 (-41.2%), from €7,048 to €4,146
of which Furniture and vehicles: -€2,593
- Deferred charges and accrued income +€2,470
new in 2023: €2,470
- Trade debts -€8,532
down €8,532 (-33.7%), from €25,301 to €16,768
- Profit (loss) carried forward +€6,126
up €6,126 (+18.8%), from €32,543 to €38,669
- Debts after one year -€2,929
down €2,929 (-64.0%), from €4,576 to €1,647
- Advances received -€2,099
no longer reported in 2023 (was €2,099)
- Current portion of long-term debt -€906
down €906 (-22.0%), from €4,115 to €3,209
- Gross operating margin -€15,182
down €15,182 (-60.3%), from €25,163 to €9,981
- Taxes -€2,601
down €2,601 (-57.8%), from €4,500 to €1,899
- Other operating charges -€1,433
down €1,433 (-69.0%), from €2,077 to €644
- Financial income +€1,392
up €1,392 (+83.4%), from €1,669 to €3,061
- Depreciation +€746
up €746 (+34.6%), from €2,156 to €2,902
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,723 | €75,626 | -€8,097 | -9.7% |
| Fixed assets | 21/28 | €7,186 | €4,284 | -€2,902 | -40.4% |
| Tangible fixed assets | 22/27 | €7,048 | €4,146 | -€2,902 | -41.2% |
| Plant, machinery and equipment | 23 | €1,052 | €743 | -€309 | -29.4% |
| Furniture and vehicles | 24 | €5,996 | €3,403 | -€2,593 | -43.2% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €76,537 | €71,342 | -€5,195 | -6.8% |
| Amounts receivable within one year | 40/41 | €68,242 | €61,151 | -€7,091 | -10.4% |
| Trade receivables | 40 | €27,507 | €25,059 | -€2,448 | -8.9% |
| Other amounts receivable | 41 | €40,735 | €36,092 | -€4,643 | -11.4% |
| Cash at bank and in hand | 54/58 | €8,295 | €7,721 | -€573 | -6.9% |
| Deferred charges and accrued income | 490/1 | - | €2,470 | +€2,470 | |
| Total equity and liabilities | 10/49 | €83,723 | €75,626 | -€8,097 | -9.7% |
| Equity | 10/15 | €34,543 | €40,669 | +€6,126 | +17.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,543 | €38,669 | +€6,126 | +18.8% |
| Amounts payable | 17/49 | €49,180 | €34,957 | -€14,223 | -28.9% |
| Amounts payable after more than one year | 17 | €4,576 | €1,647 | -€2,929 | -64.0% |
| Financial debts | 170/4 | €4,576 | €1,647 | -€2,929 | -64.0% |
| Amounts payable within one year | 42/48 | €37,903 | €26,609 | -€11,294 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €4,115 | €3,209 | -€906 | -22.0% |
| Trade debts | 44 | €25,301 | €16,768 | -€8,532 | -33.7% |
| Suppliers | 440/4 | €25,301 | €16,768 | -€8,532 | -33.7% |
| Advances received on contracts in progress | 46 | €2,099 | - | -€2,099 | |
| Taxes, remuneration and social security | 45 | €6,389 | €6,632 | +€243 | +3.8% |
| Taxes | 450/3 | €6,389 | €6,632 | +€243 | +3.8% |
| Accrued charges and deferred income | 492/3 | €6,700 | €6,700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,156 | €2,902 | +€746 | +34.6% |
| Other operating charges | 640/8 | €2,077 | €644 | -€1,433 | -69.0% |
| Gross operating margin | 9900 | €25,163 | €9,981 | -€15,182 | -60.3% |
| Operating profit (loss) | 9901 | €20,931 | €6,436 | -€14,495 | -69.3% |
| Financial income | 75/76B | €1,669 | €3,061 | +€1,392 | +83.4% |
| Recurring financial income | 75 | €1,669 | €3,061 | +€1,392 | +83.4% |
| Financial charges | 65/66B | €928 | €1,472 | +€544 | +58.7% |
| Recurring financial charges | 65 | €928 | €1,472 | +€544 | +58.7% |
| Profit (loss) for the period before taxes | 9903 | €21,673 | €8,025 | -€13,648 | -63.0% |
| Income taxes | 67/77 | €4,500 | €1,899 | -€2,601 | -57.8% |
| Profit (loss) for the period | 9904 | €17,173 | €6,126 | -€11,047 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,173 | €6,126 | -€11,047 | -64.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.