CV RENOVE: what changed
CV RENOVE
Largest movements
- Receivables within one year +€38,271
up €38,271 (+202%), from €18,922 to €57,193
of which Other amounts receivable: +€31,178
- Tangible fixed assets -€9,827
down €9,827 (-30.5%), from €32,209 to €22,382
of which Furniture and vehicles: -€7,155
- Cash +€4,992
up €4,992 (+65.7%), from €7,601 to €12,593
mainly Net result for the year (+€53,679) and Depreciation (+€10,922)
- Profit (loss) carried forward +€53,679
up €53,679 (+172%), from €31,219 to €84,898
- Current portion of long-term debt -€24,624
no longer reported in 2024 (was €24,624)
- Trade debts +€3,363
up €3,363 (+315%), from €1,068 to €4,431
of which Suppliers: +€3,976
- Tax, wage and social debts +€1,019
up €1,019 (+55.9%), from €1,821 to €2,839
of which Taxes: +€1,019
- Gross operating margin +€26,643
up €26,643 (+68.5%), from €38,871 to €65,514
- Depreciation +€2,750
up €2,750 (+33.7%), from €8,171 to €10,922
- Taxes +€1,289
no longer reported in 2024 (was -€1,289)
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,732 | €92,168 | +€33,436 | +56.9% |
| Fixed assets | 21/28 | €32,209 | €22,382 | -€9,827 | -30.5% |
| Tangible fixed assets | 22/27 | €32,209 | €22,382 | -€9,827 | -30.5% |
| Plant, machinery and equipment | 23 | €4,591 | €1,920 | -€2,672 | -58.2% |
| Furniture and vehicles | 24 | €27,617 | €20,462 | -€7,155 | -25.9% |
| Current assets | 29/58 | €26,523 | €69,786 | +€43,262 | +163% |
| Amounts receivable within one year | 40/41 | €18,922 | €57,193 | +€38,271 | +202% |
| Trade receivables | 40 | - | €7,093 | +€7,093 | |
| Other amounts receivable | 41 | €18,922 | €50,100 | +€31,178 | +165% |
| Cash at bank and in hand | 54/58 | €7,601 | €12,593 | +€4,992 | +65.7% |
| Total equity and liabilities | 10/49 | €58,732 | €92,168 | +€33,436 | +56.9% |
| Equity | 10/15 | €31,219 | €84,898 | +€53,679 | +172% |
| Profit (loss) carried forward | 14 | €31,219 | €84,898 | +€53,679 | +172% |
| Amounts payable | 17/49 | €27,513 | €7,270 | -€20,243 | -73.6% |
| Amounts payable within one year | 42/48 | €27,513 | €7,270 | -€20,243 | -73.6% |
| Current portion of amounts payable after more than one year | 42 | €24,624 | - | -€24,624 | |
| Trade debts | 44 | €1,068 | €4,431 | +€3,363 | +315% |
| Suppliers | 440/4 | €455 | €4,431 | +€3,976 | +874% |
| Bills of exchange payable | 441 | €613 | - | -€613 | |
| Taxes, remuneration and social security | 45 | €1,821 | €2,839 | +€1,019 | +55.9% |
| Taxes | 450/3 | - | €1,019 | +€1,019 | |
| Remuneration and social security | 454/9 | €1,821 | €1,821 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €404 | €96 | -€308 | -76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,171 | €10,922 | +€2,750 | +33.7% |
| Other operating charges | 640/8 | €188 | €666 | +€478 | +254% |
| Gross operating margin | 9900 | €38,871 | €65,514 | +€26,643 | +68.5% |
| Operating profit (loss) | 9901 | €30,108 | €53,831 | +€23,723 | +78.8% |
| Financial charges | 65/66B | €178 | €153 | -€25 | -14.3% |
| Recurring financial charges | 65 | €178 | €153 | -€25 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €29,930 | €53,679 | +€23,749 | +79.3% |
| Income taxes | 67/77 | -€1,289 | - | +€1,289 | |
| Profit (loss) for the period | 9904 | €31,219 | €53,679 | +€22,460 | +71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,219 | €53,679 | +€22,460 | +71.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.