CONCEPT 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.
CONCEPT RENOV
Largest movements
- Receivables within one year -€32,366
down €32,366 (-20.9%), from €154,553 to €122,187
of which Trade receivables: -€32,083
- Stocks and contracts -€3,382
down €3,382 (-3.8%), from €88,182 to €84,800
- Trade debts -€35,900
down €35,900 (-24.8%), from €144,662 to €108,762
- Tax, wage and social debts -€8,734
down €8,734 (-26.9%), from €32,496 to €23,762
of which Remuneration and social security: -€6,591
- Other debts +€5,276
up €5,276 (+71.8%), from €7,344 to €12,620
- Financial charges -€2,712
down €2,712 (-47.0%), from €5,775 to €3,063
- Gross operating margin -€1,633
down €1,633 (-18.4%), from €8,887 to €7,254
- Other operating charges +€878
up €878 (+81.0%), from €1,084 to €1,962
- Taxes -€201
no longer reported in 2025 (was €201)
- Depreciation -€130
down €130 (-25.0%), from €519 to €389
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 | €246,492 | €208,480 | -€38,012 | -15.4% |
| Fixed assets | 21/28 | €513 | €124 | -€389 | -75.8% |
| Tangible fixed assets | 22/27 | €389 | - | -€389 | |
| Furniture and vehicles | 24 | €389 | - | -€389 | |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €245,979 | €208,356 | -€37,623 | -15.3% |
| Stocks and contracts in progress | 3 | €88,182 | €84,800 | -€3,382 | -3.8% |
| Stocks | 30/36 | €88,182 | €84,800 | -€3,382 | -3.8% |
| Amounts receivable within one year | 40/41 | €154,553 | €122,187 | -€32,366 | -20.9% |
| Trade receivables | 40 | €148,169 | €116,086 | -€32,083 | -21.7% |
| Other amounts receivable | 41 | €6,384 | €6,101 | -€283 | -4.4% |
| Cash at bank and in hand | 54/58 | €3,244 | €1,369 | -€1,875 | -57.8% |
| Total equity and liabilities | 10/49 | €246,492 | €208,480 | -€38,012 | -15.4% |
| Equity | 10/15 | €29,804 | €31,644 | +€1,840 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,344 | €11,184 | +€1,840 | +19.7% |
| Amounts payable | 17/49 | €216,688 | €176,836 | -€39,852 | -18.4% |
| Amounts payable after more than one year | 17 | €337 | - | -€337 | |
| Financial debts | 170/4 | €337 | - | -€337 | |
| Amounts payable within one year | 42/48 | €215,976 | €176,059 | -€39,917 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €16,469 | €17,628 | +€1,159 | +7.0% |
| Financial debts | 43 | €15,005 | €13,287 | -€1,718 | -11.4% |
| Credit institutions | 430/8 | €15,005 | €13,287 | -€1,718 | -11.4% |
| Trade debts | 44 | €144,662 | €108,762 | -€35,900 | -24.8% |
| Suppliers | 440/4 | €144,662 | €108,762 | -€35,900 | -24.8% |
| Taxes, remuneration and social security | 45 | €32,496 | €23,762 | -€8,734 | -26.9% |
| Taxes | 450/3 | €16,397 | €14,254 | -€2,143 | -13.1% |
| Remuneration and social security | 454/9 | €16,099 | €9,508 | -€6,591 | -40.9% |
| Other amounts payable | 47/48 | €7,344 | €12,620 | +€5,276 | +71.8% |
| Accrued charges and deferred income | 492/3 | €375 | €777 | +€402 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €519 | €389 | -€130 | -25.0% |
| Other operating charges | 640/8 | €1,084 | €1,962 | +€878 | +81.0% |
| Gross operating margin | 9900 | €8,887 | €7,254 | -€1,633 | -18.4% |
| Operating profit (loss) | 9901 | €7,284 | €4,903 | -€2,381 | -32.7% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €5,775 | €3,063 | -€2,712 | -47.0% |
| Recurring financial charges | 65 | €5,775 | €3,063 | -€2,712 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €1,511 | €1,840 | +€329 | +21.8% |
| Income taxes | 67/77 | €201 | - | -€201 | |
| Profit (loss) for the period | 9904 | €1,310 | €1,840 | +€530 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,310 | €1,840 | +€530 | +40.5% |
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 23 October 2026 via checked.be.