ALL-RENOVA: 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.
ALL-RENOVA
Largest movements
- Receivables within one year -€11,510
down €11,510 (-32.7%), from €35,204 to €23,694
of which Trade receivables: -€12,238
- Tangible fixed assets -€6,589
down €6,589 (-9.4%), from €69,765 to €63,176
of which Other tangible fixed assets: -€5,814
- Stocks and contracts +€5,660
up €5,660 (+22.2%), from €25,551 to €31,211
of which Contracts in progress: +€3,500
- Cash -€1,785
down €1,785 (-79.0%), from €2,260 to €475
mainly Debts after one year (-€14,742) and Stocks and contracts (-€5,660)
- Debts after one year -€14,742
down €14,742 (-22.3%), from €66,075 to €51,333
- Profit (loss) carried forward -€4,677
down €4,677 (-34.3%), from -€13,628 to -€18,305
- Short-term financial debts +€2,930
new in 2024: €2,930
- Accrued charges and deferred income -€2,367
down €2,367 (-56.4%), from €4,195 to €1,828
- Tax, wage and social debts +€1,782
up €1,782 (+12.0%), from €14,850 to €16,632
of which Taxes: +€5,815
- Staff costs +€42,089
up €42,089 (+353%), from €11,937 to €54,026
- Gross operating margin +€9,214
up €9,214 (+15.0%), from €61,326 to €70,540
- Depreciation +€4,849
up €4,849 (+68.5%), from €7,078 to €11,927
- Taxes -€3,955
down €3,955 (-71.5%), from €5,534 to €1,579
- Financial charges +€2,138
up €2,138 (+130%), from €1,644 to €3,783
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,554 | €121,127 | -€15,427 | -11.3% |
| Fixed assets | 21/28 | €70,525 | €63,936 | -€6,589 | -9.3% |
| Tangible fixed assets | 22/27 | €69,765 | €63,176 | -€6,589 | -9.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €13,197 | €12,422 | -€775 | -5.9% |
| Other tangible fixed assets | 26 | €56,568 | €50,754 | -€5,814 | -10.3% |
| Financial fixed assets | 28 | €760 | €760 | = | 0.0% |
| Current assets | 29/58 | €66,029 | €57,192 | -€8,838 | -13.4% |
| Stocks and contracts in progress | 3 | €25,551 | €31,211 | +€5,660 | +22.2% |
| Stocks | 30/36 | €10,551 | €12,711 | +€2,160 | +20.5% |
| Contracts in progress | 37 | €15,000 | €18,500 | +€3,500 | +23.3% |
| Amounts receivable within one year | 40/41 | €35,204 | €23,694 | -€11,510 | -32.7% |
| Trade receivables | 40 | €31,806 | €19,568 | -€12,238 | -38.5% |
| Other amounts receivable | 41 | €3,398 | €4,126 | +€728 | +21.4% |
| Cash at bank and in hand | 54/58 | €2,260 | €475 | -€1,785 | -79.0% |
| Deferred charges and accrued income | 490/1 | €3,014 | €1,811 | -€1,203 | -39.9% |
| Total equity and liabilities | 10/49 | €136,554 | €121,127 | -€15,427 | -11.3% |
| Equity | 10/15 | €4,972 | €295 | -€4,677 | -94.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,628 | -€18,305 | -€4,677 | -34.3% |
| Amounts payable | 17/49 | €131,583 | €120,832 | -€10,750 | -8.2% |
| Amounts payable after more than one year | 17 | €66,075 | €51,333 | -€14,742 | -22.3% |
| Financial debts | 170/4 | €66,075 | €51,333 | -€14,742 | -22.3% |
| Amounts payable within one year | 42/48 | €61,313 | €67,671 | +€6,358 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €3,290 | €3,443 | +€153 | +4.7% |
| Financial debts | 43 | - | €2,930 | +€2,930 | |
| Credit institutions | 430/8 | - | €2,930 | +€2,930 | |
| Trade debts | 44 | €35,509 | €36,731 | +€1,222 | +3.4% |
| Suppliers | 440/4 | €35,509 | €36,731 | +€1,222 | +3.4% |
| Advances received on contracts in progress | 46 | €1,513 | €1,513 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €14,850 | €16,632 | +€1,782 | +12.0% |
| Taxes | 450/3 | €7,724 | €13,540 | +€5,815 | +75.3% |
| Remuneration and social security | 454/9 | €7,126 | €3,092 | -€4,034 | -56.6% |
| Other amounts payable | 47/48 | €6,150 | €6,422 | +€272 | +4.4% |
| Accrued charges and deferred income | 492/3 | €4,195 | €1,828 | -€2,367 | -56.4% |
| Non-recurring operating income | 76A | - | €2,893 | +€2,893 | |
| Remuneration, social security and pensions | 62 | €11,937 | €54,026 | +€42,089 | +353% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,078 | €11,927 | +€4,849 | +68.5% |
| Other operating charges | 640/8 | €2,737 | €3,934 | +€1,197 | +43.7% |
| Gross operating margin | 9900 | €61,326 | €70,540 | +€9,214 | +15.0% |
| Operating profit (loss) | 9901 | €39,574 | €653 | -€38,920 | -98.3% |
| Financial income | 75/76B | €459 | €32 | -€427 | -93.1% |
| Recurring financial income | 75 | €459 | €32 | -€427 | -93.1% |
| Financial charges | 65/66B | €1,644 | €3,783 | +€2,138 | +130% |
| Recurring financial charges | 65 | €1,644 | €3,783 | +€2,138 | +130% |
| Profit (loss) for the period before taxes | 9903 | €38,388 | -€3,098 | -€41,486 | |
| Income taxes | 67/77 | €5,534 | €1,579 | -€3,955 | -71.5% |
| Profit (loss) for the period | 9904 | €32,855 | -€4,677 | -€37,531 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,855 | -€4,677 | -€37,531 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.