BEAR RENOVATIONS: 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.
BEAR RENOVATIONS
Largest movements
- Receivables within one year -€58,039
down €58,039 (-46.4%), from €125,054 to €67,015
of which Trade receivables: -€51,990
- Trade debts -€49,738
down €49,738 (-87.5%), from €56,816 to €7,078
- Tax, wage and social debts -€46,432
down €46,432 (-86.5%), from €53,667 to €7,235
of which Remuneration and social security: -€44,433
- Debts after one year +€21,434
new in 2024: €21,434
- Profit (loss) carried forward +€15,697
up €15,697 (+61.4%), from €25,570 to €41,267
- Gross operating margin +€114,390
up €114,390, from -€27,595 to €86,795
- Staff costs +€69,115
up €69,115 (+9,494%), from €728 to €69,843
- Financial charges +€1,205
up €1,205 (+2,410%), from €50 to €1,255
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 | €137,053 | €78,014 | -€59,039 | -43.1% |
| Fixed assets | 21/28 | €10,999 | €9,999 | -€1,000 | -9.1% |
| Tangible fixed assets | 22/27 | €10,999 | €9,999 | -€1,000 | -9.1% |
| Furniture and vehicles | 24 | €10,999 | €9,999 | -€1,000 | -9.1% |
| Current assets | 29/58 | €126,054 | €68,015 | -€58,039 | -46.0% |
| Amounts receivable within one year | 40/41 | €125,054 | €67,015 | -€58,039 | -46.4% |
| Trade receivables | 40 | €119,005 | €67,015 | -€51,990 | -43.7% |
| Other amounts receivable | 41 | €6,049 | - | -€6,049 | |
| Cash at bank and in hand | 54/58 | €1,000 | €1,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €137,053 | €78,014 | -€59,039 | -43.1% |
| Equity | 10/15 | €26,570 | €42,267 | +€15,697 | +59.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,570 | €41,267 | +€15,697 | +61.4% |
| Amounts payable | 17/49 | €110,483 | €35,747 | -€74,736 | -67.6% |
| Amounts payable after more than one year | 17 | - | €21,434 | +€21,434 | |
| Financial debts | 170/4 | - | €21,434 | +€21,434 | |
| Amounts payable within one year | 42/48 | €110,483 | €14,313 | -€96,170 | -87.0% |
| Trade debts | 44 | €56,816 | €7,078 | -€49,738 | -87.5% |
| Suppliers | 440/4 | €56,816 | €7,078 | -€49,738 | -87.5% |
| Taxes, remuneration and social security | 45 | €53,667 | €7,235 | -€46,432 | -86.5% |
| Taxes | 450/3 | €8,738 | €6,739 | -€1,999 | -22.9% |
| Remuneration and social security | 454/9 | €44,929 | €496 | -€44,433 | -98.9% |
| Remuneration, social security and pensions | 62 | €728 | €69,843 | +€69,115 | +9,494% |
| Gross operating margin | 9900 | -€27,595 | €86,795 | +€114,390 | |
| Operating profit (loss) | 9901 | -€28,323 | €16,952 | +€45,275 | |
| Financial charges | 65/66B | €50 | €1,255 | +€1,205 | +2,410% |
| Recurring financial charges | 65 | €50 | €1,255 | +€1,205 | +2,410% |
| Profit (loss) for the period before taxes | 9903 | -€28,373 | €15,697 | +€44,070 | |
| Profit (loss) for the period | 9904 | -€28,373 | €15,697 | +€44,070 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,373 | €15,697 | +€44,070 |
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 15 October 2026 via checked.be.