BBRENOVA: what changed
Two fiscal 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.
BBRENOVA
Largest movements
- Cash +€22,457
up €22,457 (+78.3%), from €28,698 to €51,155
mainly Net result for the year (+€15,841) and Advances received (+€12,148)
- Stocks and contracts +€12,525
new in 2025: €12,525
- Receivables within one year -€3,488
down €3,488 (-8.1%), from €42,939 to €39,452
of which Trade receivables: -€5,670
- Tangible fixed assets +€3,131
new in 2025: €3,131
- Intangible fixed assets +€1,355
new in 2025: €1,355
- Advances received +€12,148
new in 2025: €12,148
- Reserves +€10,000
up €10,000 (+66.7%), from €15,000 to €25,000
- Profit (loss) carried forward +€5,841
up €5,841 (+15.1%), from €38,596 to €44,437
- Tax, wage and social debts +€5,506
up €5,506 (+36.0%), from €15,277 to €20,782
- Trade debts +€2,848
up €2,848 (+318.2%), from €895 to €3,744
- Gross operating margin -€46,559
down €46,559 (-68.3%), from €68,161 to €21,603
- Taxes -€10,066
down €10,066 (-65.9%), from €15,277 to €5,210
- Other operating charges +€799
new in 2025: €799
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.
Cash bridge derived
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 | €71,767 | €108,110 | +€36,343 | +50.6% |
| Fixed assets | 21/28 | - | €4,485 | +€4,485 | |
| Intangible fixed assets | 21 | - | €1,355 | +€1,355 | |
| Tangible fixed assets | 22/27 | - | €3,131 | +€3,131 | |
| Furniture and vehicles | 24 | - | €3,131 | +€3,131 | |
| Current assets | 29/58 | €71,767 | €103,625 | +€31,858 | +44.4% |
| Stocks and contracts in progress | 3 | - | €12,525 | +€12,525 | |
| Stocks | 30/36 | - | €12,525 | +€12,525 | |
| Amounts receivable within one year | 40/41 | €42,939 | €39,452 | -€3,488 | -8.1% |
| Trade receivables | 40 | €15,234 | €9,564 | -€5,670 | -37.2% |
| Other amounts receivable | 41 | €27,705 | €29,888 | +€2,183 | +7.9% |
| Cash at bank and in hand | 54/58 | €28,698 | €51,155 | +€22,457 | +78.3% |
| Deferred charges and accrued income | 490/1 | €130 | €494 | +€364 | +280.7% |
| Total equity and liabilities | 10/49 | €71,767 | €108,110 | +€36,343 | +50.6% |
| Equity | 10/15 | €55,596 | €71,437 | +€15,841 | +28.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Distributable reserves | 133 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Profit (loss) carried forward | 14 | €38,596 | €44,437 | +€5,841 | +15.1% |
| Amounts payable | 17/49 | €16,172 | €36,673 | +€20,502 | +126.8% |
| Amounts payable within one year | 42/48 | €16,172 | €36,673 | +€20,502 | +126.8% |
| Trade debts | 44 | €895 | €3,744 | +€2,848 | +318.2% |
| Suppliers | 440/4 | €895 | €3,744 | +€2,848 | +318.2% |
| Advances received on contracts in progress | 46 | - | €12,148 | +€12,148 | |
| Taxes, remuneration and social security | 45 | €15,277 | €20,782 | +€5,506 | +36.0% |
| Taxes | 450/3 | €15,277 | €20,782 | +€5,506 | +36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €538 | +€538 | |
| Other operating charges | 640/8 | - | €799 | +€799 | |
| Gross operating margin | 9900 | €68,161 | €21,603 | -€46,559 | -68.3% |
| Operating profit (loss) | 9901 | €68,161 | €20,266 | -€47,895 | -70.3% |
| Financial income | 75/76B | €762 | €1,417 | +€655 | +85.9% |
| Recurring financial income | 75 | €762 | €1,417 | +€655 | +85.9% |
| Financial charges | 65/66B | €51 | €631 | +€580 | +1132.1% |
| Recurring financial charges | 65 | €51 | €631 | +€580 | +1132.1% |
| Profit (loss) for the period before taxes | 9903 | €68,872 | €21,052 | -€47,820 | -69.4% |
| Income taxes | 67/77 | €15,277 | €5,210 | -€10,066 | -65.9% |
| Profit (loss) for the period | 9904 | €53,596 | €15,841 | -€37,754 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,596 | €15,841 | -€37,754 | -70.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.