BM 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.
BM RENOV
Largest movements
- Cash +€10,096
up €10,096 (+38.0%), from €26,603 to €36,699
mainly Net result for the year (+€12,454) and Depreciation (+€4,338)
- Receivables within one year +€5,523
up €5,523 (+159%), from €3,465 to €8,988
of which Trade receivables: +€7,925
- Tangible fixed assets -€4,338
down €4,338 (-32.7%), from €13,284 to €8,946
of which Furniture and vehicles: -€4,000
- Reserves +€12,454
up €12,454 (+238%), from €5,232 to €17,686
- Tax, wage and social debts +€4,144
up €4,144 (+234%), from €1,768 to €5,912
- Debts after one year -€4,014
down €4,014 (-50.9%), from €7,892 to €3,877
- Trade debts -€1,157
no longer reported in 2025 (was €1,157)
- Turnover +€29,747
up €29,747 (+92.8%), from €32,063 to €61,810
- Purchases and services +€16,049
up €16,049 (+69.2%), from €23,198 to €39,247
- Gross operating margin +€13,783
up €13,783 (+155%), from €8,887 to €22,670
- Depreciation +€2,706
up €2,706 (+166%), from €1,632 to €4,338
- Taxes +€2,377
up €2,377 (+134%), from €1,768 to €4,144
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 | €43,426 | €54,959 | +€11,532 | +26.6% |
| Fixed assets | 21/28 | €13,284 | €8,946 | -€4,338 | -32.7% |
| Tangible fixed assets | 22/27 | €13,284 | €8,946 | -€4,338 | -32.7% |
| Furniture and vehicles | 24 | €11,596 | €7,596 | -€4,000 | -34.5% |
| Other tangible fixed assets | 26 | €1,688 | €1,350 | -€338 | -20.0% |
| Current assets | 29/58 | €30,142 | €46,012 | +€15,870 | +52.7% |
| Amounts receivable within one year | 40/41 | €3,465 | €8,988 | +€5,523 | +159% |
| Trade receivables | 40 | - | €7,925 | +€7,925 | |
| Other amounts receivable | 41 | €3,465 | €1,063 | -€2,402 | -69.3% |
| Cash at bank and in hand | 54/58 | €26,603 | €36,699 | +€10,096 | +38.0% |
| Deferred charges and accrued income | 490/1 | €74 | €326 | +€251 | +338% |
| Total equity and liabilities | 10/49 | €43,426 | €54,959 | +€11,532 | +26.6% |
| Equity | 10/15 | €7,232 | €19,686 | +€12,454 | +172% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,232 | €17,686 | +€12,454 | +238% |
| Distributable reserves | 133 | €5,232 | €17,686 | +€12,454 | +238% |
| Amounts payable | 17/49 | €36,194 | €35,273 | -€921 | -2.5% |
| Amounts payable after more than one year | 17 | €7,892 | €3,877 | -€4,014 | -50.9% |
| Financial debts | 170/4 | €7,892 | €3,877 | -€4,014 | -50.9% |
| Amounts payable within one year | 42/48 | €28,302 | €31,395 | +€3,093 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €3,801 | €4,014 | +€213 | +5.6% |
| Trade debts | 44 | €1,157 | - | -€1,157 | |
| Suppliers | 440/4 | €1,157 | - | -€1,157 | |
| Taxes, remuneration and social security | 45 | €1,768 | €5,912 | +€4,144 | +234% |
| Taxes | 450/3 | €1,768 | €5,912 | +€4,144 | +234% |
| Other amounts payable | 47/48 | €21,577 | €21,469 | -€108 | -0.5% |
| Turnover | 70 | €32,063 | €61,810 | +€29,747 | +92.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €23,198 | €39,247 | +€16,049 | +69.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,632 | €4,338 | +€2,706 | +166% |
| Other operating charges | 640/8 | €74 | €1,125 | +€1,051 | +1,413% |
| Gross operating margin | 9900 | €8,887 | €22,670 | +€13,783 | +155% |
| Operating profit (loss) | 9901 | €7,181 | €17,207 | +€10,026 | +140% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €181 | €610 | +€430 | +238% |
| Recurring financial charges | 65 | €181 | €610 | +€430 | +238% |
| Profit (loss) for the period before taxes | 9903 | €7,000 | €16,598 | +€9,598 | +137% |
| Income taxes | 67/77 | €1,768 | €4,144 | +€2,377 | +134% |
| Profit (loss) for the period | 9904 | €5,232 | €12,454 | +€7,221 | +138% |
| Profit (loss) for the period to be appropriated | 9905 | €5,232 | €12,454 | +€7,221 | +138% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.