BRUNO RENOV: what changed
BRUNO RENOV
Largest movements
- Receivables within one year -€8,945
down €8,945 (-38.3%), from €23,329 to €14,384
of which Trade receivables: -€7,921
- Tangible fixed assets -€6,577
down €6,577 (-10.6%), from €61,869 to €55,292
of which Plant, machinery and equipment: -€7,389
- Deferred charges and accrued income +€2,496
up €2,496 (+839%), from €297 to €2,793
- Cash -€2,185
down €2,185 (-17.1%), from €12,770 to €10,585
mainly Trade debts (-€10,830) and Debts after one year (-€10,339)
- Trade debts -€10,830
down €10,830 (-52.4%), from €20,674 to €9,844
- Debts after one year -€10,339
down €10,339 (-47.0%), from €21,992 to €11,653
- Reserves +€2,798
up €2,798 (+6.7%), from €42,010 to €44,809
of which Distributable reserves: +€2,798
- Current portion of long-term debt +€1,565
up €1,565 (+15.7%), from €9,954 to €11,519
- Tax, wage and social debts +€1,347
up €1,347 (+73.8%), from €1,825 to €3,172
of which Taxes: +€1,326
- Gross operating margin +€5,336
up €5,336 (+39.9%), from €13,383 to €18,719
- Taxes +€1,490
up €1,490 (+106%), from €1,404 to €2,894
- Depreciation +€1,028
up €1,028 (+9.6%), from €10,657 to €11,685
- Financial charges -€422
down €422 (-22.7%), from €1,860 to €1,438
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,316 | €92,856 | -€15,459 | -14.3% |
| Fixed assets | 21/28 | €62,535 | €55,958 | -€6,577 | -10.5% |
| Tangible fixed assets | 22/27 | €61,869 | €55,292 | -€6,577 | -10.6% |
| Land and buildings | 22 | €3,132 | €2,772 | -€359 | -11.5% |
| Plant, machinery and equipment | 23 | €56,631 | €49,242 | -€7,389 | -13.0% |
| Furniture and vehicles | 24 | €2,106 | €3,278 | +€1,171 | +55.6% |
| Financial fixed assets | 28 | €666 | €666 | = | 0.0% |
| Current assets | 29/58 | €45,781 | €36,899 | -€8,883 | -19.4% |
| Stocks and contracts in progress | 3 | €9,385 | €9,137 | -€248 | -2.6% |
| Stocks | 30/36 | €9,385 | €9,137 | -€248 | -2.6% |
| Amounts receivable within one year | 40/41 | €23,329 | €14,384 | -€8,945 | -38.3% |
| Trade receivables | 40 | €18,767 | €10,845 | -€7,921 | -42.2% |
| Other amounts receivable | 41 | €4,562 | €3,538 | -€1,024 | -22.4% |
| Cash at bank and in hand | 54/58 | €12,770 | €10,585 | -€2,185 | -17.1% |
| Deferred charges and accrued income | 490/1 | €297 | €2,793 | +€2,496 | +839% |
| Total equity and liabilities | 10/49 | €108,316 | €92,856 | -€15,459 | -14.3% |
| Equity | 10/15 | €53,871 | €56,669 | +€2,798 | +5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,010 | €44,809 | +€2,798 | +6.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,150 | €42,949 | +€2,798 | +7.0% |
| Profit (loss) carried forward | 14 | €5,660 | €5,660 | = | 0.0% |
| Amounts payable | 17/49 | €54,445 | €36,187 | -€18,258 | -33.5% |
| Amounts payable after more than one year | 17 | €21,992 | €11,653 | -€10,339 | -47.0% |
| Financial debts | 170/4 | €21,992 | €11,653 | -€10,339 | -47.0% |
| Amounts payable within one year | 42/48 | €32,453 | €24,534 | -€7,918 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €9,954 | €11,519 | +€1,565 | +15.7% |
| Trade debts | 44 | €20,674 | €9,844 | -€10,830 | -52.4% |
| Suppliers | 440/4 | €20,674 | €9,844 | -€10,830 | -52.4% |
| Taxes, remuneration and social security | 45 | €1,825 | €3,172 | +€1,347 | +73.8% |
| Taxes | 450/3 | €0 | €1,326 | +€1,326 | |
| Remuneration and social security | 454/9 | €1,825 | €1,846 | +€22 | +1.2% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,657 | €11,685 | +€1,028 | +9.6% |
| Other operating charges | 640/8 | €25 | €25 | = | 0.0% |
| Gross operating margin | 9900 | €13,383 | €18,719 | +€5,336 | +39.9% |
| Operating profit (loss) | 9901 | €2,701 | €7,009 | +€4,308 | +159% |
| Financial income | 75/76B | €87 | €122 | +€35 | +39.6% |
| Recurring financial income | 75 | €87 | €122 | +€35 | +39.6% |
| Financial charges | 65/66B | €1,860 | €1,438 | -€422 | -22.7% |
| Recurring financial charges | 65 | €1,860 | €1,438 | -€422 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €928 | €5,693 | +€4,765 | +513% |
| Income taxes | 67/77 | €1,404 | €2,894 | +€1,490 | +106% |
| Profit (loss) for the period | 9904 | -€476 | €2,798 | +€3,275 | |
| Profit (loss) for the period to be appropriated | 9905 | -€476 | €2,798 | +€3,275 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.