D&J Renov: what changed
D&J Renov
Largest movements
- Receivables within one year -€24,188
down €24,188 (-12.5%), from €194,044 to €169,856
of which Other amounts receivable: -€71,598
- Stocks and contracts +€10,760
new in 2025: €10,760
- Cash +€4,421
up €4,421 (+1,348%), from €328 to €4,749
mainly Net result for the year (+€25,096) and Receivables within one year (+€24,188)
- Tangible fixed assets -€3,858
down €3,858 (-26.4%), from €14,610 to €10,752
of which Plant, machinery and equipment: -€3,043
- Trade debts -€28,977
down €28,977 (-49.8%), from €58,217 to €29,240
of which Suppliers: -€21,759
- Profit (loss) carried forward +€25,096
up €25,096 (+28.3%), from €88,690 to €113,786
- Debts after one year -€6,276
down €6,276 (-42.9%), from €14,643 to €8,367
- Tax, wage and social debts -€3,712
down €3,712 (-20.3%), from €18,253 to €14,541
of which Taxes: -€3,712
- Current portion of long-term debt -€2,797
down €2,797 (-74.8%), from €3,739 to €942
- Taxes -€8,637
down €8,637 (-89.4%), from €9,656 to €1,019
- Financial income -€5,412
down €5,412 (-89.1%), from €6,076 to €664
of which Financial income: -€5,412
- Gross operating margin +€3,586
up €3,586 (+9.8%), from €36,673 to €40,259
- Financial charges +€2,650
up €2,650 (+57.9%), from €4,574 to €7,224
- Other operating charges -€451
down €451 (-71.6%), from €630 to €179
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 | €210,384 | €198,106 | -€12,278 | -5.8% |
| Fixed assets | 21/28 | €15,810 | €11,952 | -€3,858 | -24.4% |
| Tangible fixed assets | 22/27 | €14,610 | €10,752 | -€3,858 | -26.4% |
| Plant, machinery and equipment | 23 | €10,538 | €7,495 | -€3,043 | -28.9% |
| Furniture and vehicles | 24 | €4,072 | €3,257 | -€815 | -20.0% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €194,574 | €186,154 | -€8,420 | -4.3% |
| Stocks and contracts in progress | 3 | - | €10,760 | +€10,760 | |
| Stocks | 30/36 | - | €10,760 | +€10,760 | |
| Amounts receivable within one year | 40/41 | €194,044 | €169,856 | -€24,188 | -12.5% |
| Trade receivables | 40 | €80,357 | €127,767 | +€47,410 | +59.0% |
| Other amounts receivable | 41 | €113,687 | €42,089 | -€71,598 | -63.0% |
| Cash at bank and in hand | 54/58 | €328 | €4,749 | +€4,421 | +1,348% |
| Deferred charges and accrued income | 490/1 | €202 | €789 | +€587 | +291% |
| Total equity and liabilities | 10/49 | €210,384 | €198,106 | -€12,278 | -5.8% |
| Equity | 10/15 | €89,420 | €114,516 | +€25,096 | +28.1% |
| Contributions | 10/11 | €730 | €730 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,690 | €113,786 | +€25,096 | +28.3% |
| Amounts payable | 17/49 | €120,964 | €83,590 | -€37,374 | -30.9% |
| Amounts payable after more than one year | 17 | €14,643 | €8,367 | -€6,276 | -42.9% |
| Financial debts | 170/4 | €14,643 | €8,367 | -€6,276 | -42.9% |
| Amounts payable within one year | 42/48 | €106,321 | €75,223 | -€31,098 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €3,739 | €942 | -€2,797 | -74.8% |
| Financial debts | 43 | €26,112 | €27,731 | +€1,619 | +6.2% |
| Credit institutions | 430/8 | €26,112 | €27,731 | +€1,619 | +6.2% |
| Trade debts | 44 | €58,217 | €29,240 | -€28,977 | -49.8% |
| Suppliers | 440/4 | €50,999 | €29,240 | -€21,759 | -42.7% |
| Bills of exchange payable | 441 | €7,218 | - | -€7,218 | |
| Taxes, remuneration and social security | 45 | €18,253 | €14,541 | -€3,712 | -20.3% |
| Taxes | 450/3 | €16,493 | €12,781 | -€3,712 | -22.5% |
| Remuneration and social security | 454/9 | €1,760 | €1,760 | = | 0.0% |
| Other amounts payable | 47/48 | - | €2,769 | +€2,769 | |
| Non-recurring operating income | 76A | €158 | - | -€158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,446 | €7,405 | -€41 | -0.6% |
| Other operating charges | 640/8 | €630 | €179 | -€451 | -71.6% |
| Gross operating margin | 9900 | €36,673 | €40,259 | +€3,586 | +9.8% |
| Operating profit (loss) | 9901 | €28,597 | €32,675 | +€4,078 | +14.3% |
| Financial income | 75/76B | €6,076 | €664 | -€5,412 | -89.1% |
| Recurring financial income | 75 | €6,076 | €664 | -€5,412 | -89.1% |
| Non-recurring financial income | 76B | - | €664 | +€664 | |
| Financial charges | 65/66B | €4,574 | €7,224 | +€2,650 | +57.9% |
| Recurring financial charges | 65 | €4,574 | €7,224 | +€2,650 | +57.9% |
| Profit (loss) for the period before taxes | 9903 | €30,099 | €26,115 | -€3,984 | -13.2% |
| Income taxes | 67/77 | €9,656 | €1,019 | -€8,637 | -89.4% |
| Profit (loss) for the period | 9904 | €20,443 | €25,096 | +€4,653 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,443 | €25,096 | +€4,653 | +22.8% |
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 8 November 2026 via checked.be.