D.B. RENOVE: what changed
What changed
D.B. RENOVE
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€36,327
2023 · €19,000+€17,327
Equity
€102,393
2023 · €66,065+€36,327
Cash
€6,515
2023 · €4,250+€2,265
Balance sheet total
€365,778
2023 · €292,377+€73,401
Largest movements
Assets
- Receivables within one year +€89,663
up €89,663 (+47.3%), from €189,562 to €279,224
of which Trade receivables: +€80,485
- Stocks and contracts -€19,543
down €19,543 (-31.3%), from €62,346 to €42,802
- Deferred charges and accrued income +€6,372
up €6,372 (+2,324%), from €274 to €6,647
- Tangible fixed assets -€5,356
down €5,356 (-14.9%), from €35,931 to €30,575
of which Land and buildings: -€3,113
Equity and liabilities
- Profit (loss) carried forward +€36,327
up €36,327 (+82.2%), from €44,208 to €80,536
- Trade debts +€35,821
up €35,821 (+67.4%), from €53,146 to €88,967
- Advances received +€12,955
up €12,955 (+46.4%), from €27,919 to €40,874
- Debts after one year -€12,946
down €12,946 (-32.1%), from €40,357 to €27,411
- Other debts -€10,000
no longer reported in 2024 (was €10,000)
Income statement
- Gross operating margin +€53,098
up €53,098 (+17.9%), from €295,840 to €348,938
- Staff costs +€25,023
up €25,023 (+10.2%), from €244,599 to €269,621
- Other operating charges +€5,685
up €5,685 (+45.5%), from €12,508 to €18,193
- Taxes +€4,708
up €4,708 (+98.2%), from €4,792 to €9,500
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.
Result 2023
€19,000
Gross operating margin
+€53,098
Staff costs
-€25,023
Depreciation
-€295
Other operating charges
-€5,685
Financial income
-€342
Financial charges
+€281
Taxes
-€4,708
Result 2024
€36,327
raises the resultlowers the result
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.
From operations
+€13,882
Investment
€0
Financing
-€11,617
Cash 2023
€4,250
From operations (derived)
+€13,882
Net result for the year
+€36,327
Depreciation
+€5,356
Stocks and contracts
+€19,543
Receivables within one year
-€89,663
Deferred charges and accrued income
-€6,372
Trade debts
+€35,821
Tax, wage and social debts
+€9,914
Advances received
+€12,955
Other debts
-€10,000
Financing
-€11,617
Debts after one year
-€12,946
Current portion of long-term debt
+€231
Short-term financial debts
+€1,097
Cash 2024
€6,515
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €292,377 | €365,778 | +€73,401 | +25.1% |
| Fixed assets | 21/28 | €35,946 | €30,590 | -€5,356 | -14.9% |
| Tangible fixed assets | 22/27 | €35,931 | €30,575 | -€5,356 | -14.9% |
| Land and buildings | 22 | €26,721 | €23,608 | -€3,113 | -11.6% |
| Plant, machinery and equipment | 23 | €8,554 | €6,686 | -€1,869 | -21.8% |
| Furniture and vehicles | 24 | €655 | €280 | -€375 | -57.2% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €256,432 | €335,188 | +€78,757 | +30.7% |
| Stocks and contracts in progress | 3 | €62,346 | €42,802 | -€19,543 | -31.3% |
| Stocks | 30/36 | €62,346 | €42,802 | -€19,543 | -31.3% |
| Amounts receivable within one year | 40/41 | €189,562 | €279,224 | +€89,663 | +47.3% |
| Trade receivables | 40 | €116,401 | €196,887 | +€80,485 | +69.1% |
| Other amounts receivable | 41 | €73,161 | €82,338 | +€9,177 | +12.5% |
| Cash at bank and in hand | 54/58 | €4,250 | €6,515 | +€2,265 | +53.3% |
| Deferred charges and accrued income | 490/1 | €274 | €6,647 | +€6,372 | +2,324% |
| Total equity and liabilities | 10/49 | €292,377 | €365,778 | +€73,401 | +25.1% |
| Equity | 10/15 | €66,065 | €102,393 | +€36,327 | +55.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,257 | €3,257 | = | 0.0% |
| Distributable reserves | 133 | €3,257 | €3,257 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,208 | €80,536 | +€36,327 | +82.2% |
| Amounts payable | 17/49 | €226,312 | €263,385 | +€37,073 | +16.4% |
| Amounts payable after more than one year | 17 | €40,357 | €27,411 | -€12,946 | -32.1% |
| Financial debts | 170/4 | €40,357 | €27,411 | -€12,946 | -32.1% |
| Amounts payable within one year | 42/48 | €185,955 | €235,974 | +€50,019 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €14,965 | €15,196 | +€231 | +1.5% |
| Financial debts | 43 | €28,431 | €29,528 | +€1,097 | +3.9% |
| Credit institutions | 430/8 | €28,431 | €29,528 | +€1,097 | +3.9% |
| Trade debts | 44 | €53,146 | €88,967 | +€35,821 | +67.4% |
| Suppliers | 440/4 | €53,146 | €88,967 | +€35,821 | +67.4% |
| Advances received on contracts in progress | 46 | €27,919 | €40,874 | +€12,955 | +46.4% |
| Taxes, remuneration and social security | 45 | €51,495 | €61,409 | +€9,914 | +19.3% |
| Taxes | 450/3 | €15,897 | €21,059 | +€5,162 | +32.5% |
| Remuneration and social security | 454/9 | €35,598 | €40,350 | +€4,752 | +13.4% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €244,599 | €269,621 | +€25,023 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,061 | €5,356 | +€295 | +5.8% |
| Other operating charges | 640/8 | €12,508 | €18,193 | +€5,685 | +45.5% |
| Gross operating margin | 9900 | €295,840 | €348,938 | +€53,098 | +17.9% |
| Operating profit (loss) | 9901 | €33,672 | €55,768 | +€22,096 | +65.6% |
| Financial income | 75/76B | €342 | - | -€342 | |
| Recurring financial income | 75 | €342 | - | -€342 | |
| Financial charges | 65/66B | €10,222 | €9,941 | -€281 | -2.7% |
| Recurring financial charges | 65 | €10,222 | €9,941 | -€281 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €23,793 | €45,827 | +€22,035 | +92.6% |
| Income taxes | 67/77 | €4,792 | €9,500 | +€4,708 | +98.2% |
| Profit (loss) for the period | 9904 | €19,000 | €36,327 | +€17,327 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,000 | €36,327 | +€17,327 | +91.2% |
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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 5 November 2026 via checked.be.