AND-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.
AND-RENOV
Largest movements
- Receivables within one year +€71,675
up €71,675 (+753%), from €9,524 to €81,199
- Cash +€30,864
up €30,864 (+174%), from €17,702 to €48,566
mainly Net result for the year (+€49,378) and Trade debts (+€35,341)
- Deferred charges and accrued income -€3,617
down €3,617 (-86.3%), from €4,191 to €575
- Reserves +€49,000
up €49,000 (+408%), from €12,000 to €61,000
- Trade debts +€35,341
up €35,341 (+408%), from €8,665 to €44,005
- Other debts +€20,878
up €20,878 (+1,337%), from €1,561 to €22,439
- Tax, wage and social debts -€6,155
down €6,155 (-54.0%), from €11,405 to €5,250
of which Remuneration and social security: -€3,600
- Gross operating margin +€56,340
up €56,340 (+265%), from €21,231 to €77,571
- Taxes +€18,457
up €18,457 (+397%), from €4,650 to €23,107
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 | €37,270 | €136,995 | +€99,726 | +268% |
| Fixed assets | 21/28 | €5,852 | €6,656 | +€804 | +13.7% |
| Tangible fixed assets | 22/27 | €4,052 | €4,856 | +€804 | +19.8% |
| Plant, machinery and equipment | 23 | €1,175 | €3,182 | +€2,008 | +171% |
| Furniture and vehicles | 24 | €2,878 | €1,674 | -€1,204 | -41.8% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €31,417 | €130,340 | +€98,922 | +315% |
| Amounts receivable within one year | 40/41 | €9,524 | €81,199 | +€71,675 | +753% |
| Other amounts receivable | 41 | €9,524 | €81,199 | +€71,675 | +753% |
| Cash at bank and in hand | 54/58 | €17,702 | €48,566 | +€30,864 | +174% |
| Deferred charges and accrued income | 490/1 | €4,191 | €575 | -€3,617 | -86.3% |
| Total equity and liabilities | 10/49 | €37,270 | €136,995 | +€99,726 | +268% |
| Equity | 10/15 | €15,638 | €65,016 | +€49,378 | +316% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,000 | €61,000 | +€49,000 | +408% |
| Distributable reserves | 133 | €12,000 | €61,000 | +€49,000 | +408% |
| Profit (loss) carried forward | 14 | €638 | €1,016 | +€378 | +59.2% |
| Amounts payable | 17/49 | €21,631 | €71,979 | +€50,348 | +233% |
| Amounts payable within one year | 42/48 | €21,631 | €71,979 | +€50,348 | +233% |
| Current portion of amounts payable after more than one year | 42 | - | €285 | +€285 | |
| Trade debts | 44 | €8,665 | €44,005 | +€35,341 | +408% |
| Suppliers | 440/4 | €8,665 | €44,005 | +€35,341 | +408% |
| Taxes, remuneration and social security | 45 | €11,405 | €5,250 | -€6,155 | -54.0% |
| Taxes | 450/3 | €7,805 | €5,250 | -€2,555 | -32.7% |
| Remuneration and social security | 454/9 | €3,600 | - | -€3,600 | |
| Other amounts payable | 47/48 | €1,561 | €22,439 | +€20,878 | +1,337% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,031 | €3,781 | +€749 | +24.7% |
| Other operating charges | 640/8 | €725 | €1,077 | +€352 | +48.6% |
| Gross operating margin | 9900 | €21,231 | €77,571 | +€56,340 | +265% |
| Operating profit (loss) | 9901 | €17,475 | €72,714 | +€55,239 | +316% |
| Financial income | 75/76B | €1 | €26 | +€25 | +4,994% |
| Recurring financial income | 75 | €1 | €26 | +€25 | +4,994% |
| Financial charges | 65/66B | €187 | €255 | +€68 | +36.2% |
| Recurring financial charges | 65 | €187 | €255 | +€68 | +36.2% |
| Profit (loss) for the period before taxes | 9903 | €17,288 | €72,485 | +€55,197 | +319% |
| Income taxes | 67/77 | €4,650 | €23,107 | +€18,457 | +397% |
| Profit (loss) for the period | 9904 | €12,638 | €49,378 | +€36,739 | +291% |
| Profit (loss) for the period to be appropriated | 9905 | €12,638 | €49,378 | +€36,739 | +291% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.