BO-Renovation: 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.
BO-Renovation
Largest movements
- Receivables within one year +€7,451
up €7,451 (+22.6%), from €33,038 to €40,489
of which Other amounts receivable: +€4,532
- Cash -€4,942
down €4,942 (-12.7%), from €38,812 to €33,870
mainly Receivables within one year (-€7,451) and Trade debts (-€3,610)
- Reserves +€8,514
up €8,514 (+122%), from €6,983 to €15,498
of which Distributable reserves: +€8,514
- Trade debts -€3,610
down €3,610 (-45.7%), from €7,903 to €4,293
- Tax, wage and social debts -€1,986
down €1,986 (-36.7%), from €5,405 to €3,419
- Gross operating margin +€11,789
up €11,789 (+183%), from €6,451 to €18,240
- Taxes +€5,799
up €5,799 (+262%), from €2,212 to €8,011
- Financial income -€419
down €419 (-100.0%), from €420 to €0
- Depreciation -€299
down €299 (-16.3%), from €1,837 to €1,539
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 | €77,986 | €80,905 | +€2,918 | +3.7% |
| Fixed assets | 21/28 | €5,627 | €6,262 | +€635 | +11.3% |
| Tangible fixed assets | 22/27 | €5,627 | €6,262 | +€635 | +11.3% |
| Land and buildings | 22 | €4,884 | €4,264 | -€620 | -12.7% |
| Plant, machinery and equipment | 23 | €742 | €259 | -€484 | -65.2% |
| Furniture and vehicles | 24 | - | €1,739 | +€1,739 | |
| Current assets | 29/58 | €72,360 | €74,643 | +€2,283 | +3.2% |
| Amounts receivable within one year | 40/41 | €33,038 | €40,489 | +€7,451 | +22.6% |
| Trade receivables | 40 | €3,871 | €6,791 | +€2,919 | +75.4% |
| Other amounts receivable | 41 | €29,167 | €33,699 | +€4,532 | +15.5% |
| Cash at bank and in hand | 54/58 | €38,812 | €33,870 | -€4,942 | -12.7% |
| Deferred charges and accrued income | 490/1 | €510 | €284 | -€226 | -44.3% |
| Total equity and liabilities | 10/49 | €77,986 | €80,905 | +€2,918 | +3.7% |
| Equity | 10/15 | €64,678 | €73,192 | +€8,514 | +13.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €6,983 | €15,498 | +€8,514 | +122% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €5,128 | €13,643 | +€8,514 | +166% |
| Profit (loss) carried forward | 14 | €39,145 | €39,145 | = | 0.0% |
| Amounts payable | 17/49 | €13,308 | €7,713 | -€5,596 | -42.0% |
| Amounts payable within one year | 42/48 | €13,308 | €7,713 | -€5,596 | -42.0% |
| Trade debts | 44 | €7,903 | €4,293 | -€3,610 | -45.7% |
| Suppliers | 440/4 | €7,903 | €4,293 | -€3,610 | -45.7% |
| Taxes, remuneration and social security | 45 | €5,405 | €3,419 | -€1,986 | -36.7% |
| Taxes | 450/3 | €5,405 | €3,419 | -€1,986 | -36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,837 | €1,539 | -€299 | -16.3% |
| Other operating charges | 640/8 | - | €100 | +€100 | |
| Gross operating margin | 9900 | €6,451 | €18,240 | +€11,789 | +183% |
| Operating profit (loss) | 9901 | €4,613 | €16,601 | +€11,988 | +260% |
| Financial income | 75/76B | €420 | €0 | -€419 | -100.0% |
| Recurring financial income | 75 | €420 | €0 | -€419 | -100.0% |
| Financial charges | 65/66B | €85 | €76 | -€9 | -11.0% |
| Recurring financial charges | 65 | €85 | €76 | -€9 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €4,948 | €16,525 | +€11,577 | +234% |
| Income taxes | 67/77 | €2,212 | €8,011 | +€5,799 | +262% |
| Profit (loss) for the period | 9904 | €2,736 | €8,514 | +€5,778 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €2,736 | €8,514 | +€5,778 | +211% |
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 31 October 2026 via checked.be.