D'Rénov: 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.
D'Rénov
Largest movements
- Stocks and contracts +€42,530
new in 2024: €42,530
- Receivables within one year -€9,855
down €9,855 (-32.9%), from €29,956 to €20,101
of which Trade receivables: -€15,852
- Cash +€3,864
up €3,864 (+145%), from €2,660 to €6,524
mainly Advances received (+€34,204) and Receivables within one year (+€9,855)
- Deferred charges and accrued income +€952
up €952 (+111%), from €860 to €1,812
- Advances received +€34,204
new in 2024: €34,204
- Reserves +€5,082
up €5,082 (+21.5%), from €23,600 to €28,683
- Trade debts -€2,196
down €2,196 (-41.8%), from €5,257 to €3,061
- Gross operating margin -€8,868
down €8,868 (-43.7%), from €20,293 to €11,425
- Taxes -€1,447
down €1,447 (-34.5%), from €4,200 to €2,753
- Financial income +€847
new in 2024: €847
- Financial charges +€830
up €830 (+527%), from €157 to €988
- Depreciation +€365
up €365 (+20.5%), from €1,781 to €2,146
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,392 | €73,402 | +€37,010 | +102% |
| Fixed assets | 21/28 | €2,916 | €2,434 | -€482 | -16.5% |
| Tangible fixed assets | 22/27 | €2,916 | €2,434 | -€482 | -16.5% |
| Plant, machinery and equipment | 23 | €2,916 | €2,434 | -€482 | -16.5% |
| Current assets | 29/58 | €33,476 | €70,968 | +€37,492 | +112% |
| Stocks and contracts in progress | 3 | - | €42,530 | +€42,530 | |
| Contracts in progress | 37 | - | €42,530 | +€42,530 | |
| Amounts receivable within one year | 40/41 | €29,956 | €20,101 | -€9,855 | -32.9% |
| Trade receivables | 40 | €17,411 | €1,559 | -€15,852 | -91.0% |
| Other amounts receivable | 41 | €12,545 | €18,542 | +€5,997 | +47.8% |
| Cash at bank and in hand | 54/58 | €2,660 | €6,524 | +€3,864 | +145% |
| Deferred charges and accrued income | 490/1 | €860 | €1,812 | +€952 | +111% |
| Total equity and liabilities | 10/49 | €36,392 | €73,402 | +€37,010 | +102% |
| Equity | 10/15 | €24,100 | €29,183 | +€5,082 | +21.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €23,600 | €28,683 | +€5,082 | +21.5% |
| Distributable reserves | 133 | €23,600 | €28,683 | +€5,082 | +21.5% |
| Amounts payable | 17/49 | €12,292 | €44,219 | +€31,927 | +260% |
| Amounts payable within one year | 42/48 | €12,292 | €44,219 | +€31,927 | +260% |
| Trade debts | 44 | €5,257 | €3,061 | -€2,196 | -41.8% |
| Suppliers | 440/4 | €5,257 | €3,061 | -€2,196 | -41.8% |
| Advances received on contracts in progress | 46 | - | €34,204 | +€34,204 | |
| Taxes, remuneration and social security | 45 | €7,035 | €6,954 | -€81 | -1.1% |
| Taxes | 450/3 | €7,035 | €6,954 | -€81 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,781 | €2,146 | +€365 | +20.5% |
| Other operating charges | 640/8 | €1,400 | €1,303 | -€97 | -6.9% |
| Gross operating margin | 9900 | €20,293 | €11,425 | -€8,868 | -43.7% |
| Operating profit (loss) | 9901 | €17,112 | €7,976 | -€9,136 | -53.4% |
| Financial income | 75/76B | - | €847 | +€847 | |
| Recurring financial income | 75 | - | €847 | +€847 | |
| Financial charges | 65/66B | €157 | €988 | +€830 | +527% |
| Recurring financial charges | 65 | €157 | €988 | +€830 | +527% |
| Profit (loss) for the period before taxes | 9903 | €16,955 | €7,835 | -€9,119 | -53.8% |
| Income taxes | 67/77 | €4,200 | €2,753 | -€1,447 | -34.5% |
| Profit (loss) for the period | 9904 | €12,755 | €5,082 | -€7,673 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,755 | €5,082 | -€7,673 | -60.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.