DK-RENOVE: 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.
DK-RENOVE
Largest movements
- Cash -€38,793
down €38,793 (-87.0%), from €44,599 to €5,806
mainly Contributions, distributions and other (-€40,000) and Receivables within one year (-€22,822)
- Tangible fixed assets -€33,785
down €33,785 (-48.1%), from €70,288 to €36,503
- Receivables within one year +€22,822
up €22,822 (+33.0%), from €69,181 to €92,003
of which Other amounts receivable: +€11,899
- Reserves -€32,327
down €32,327 (-23.5%), from €137,348 to €105,020
of which Distributable reserves: -€32,327
- Tax, wage and social debts -€22,561
down €22,561 (-74.9%), from €30,127 to €7,566
of which Taxes: -€24,761
- Trade debts +€21,431
up €21,431 (+262%), from €8,181 to €29,612
- Debts after one year -€9,403
down €9,403 (-35.9%), from €26,192 to €16,789
- Current portion of long-term debt -€7,266
down €7,266 (-43.6%), from €16,669 to €9,403
- Gross operating margin +€8,430
up €8,430 (+21.6%), from €39,115 to €47,546
- Other operating charges +€6,579
up €6,579 (+252%), from €2,615 to €9,194
- Financial charges +€5,138
up €5,138 (+198%), from €2,590 to €7,728
- Depreciation -€4,412
down €4,412 (-19.7%), from €22,386 to €17,974
- Financial income +€771
up €771 (+118%), from €653 to €1,424
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 | €235,596 | €184,670 | -€50,926 | -21.6% |
| Fixed assets | 21/28 | €72,688 | €38,903 | -€33,785 | -46.5% |
| Tangible fixed assets | 22/27 | €70,288 | €36,503 | -€33,785 | -48.1% |
| Furniture and vehicles | 24 | €70,288 | €36,503 | -€33,785 | -48.1% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €162,908 | €145,768 | -€17,140 | -10.5% |
| Amounts receivable after more than one year | 29 | €47,959 | €47,959 | = | 0.0% |
| Other amounts receivable | 291 | €47,959 | €47,959 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €69,181 | €92,003 | +€22,822 | +33.0% |
| Trade receivables | 40 | €68,032 | €78,955 | +€10,923 | +16.1% |
| Other amounts receivable | 41 | €1,149 | €13,049 | +€11,899 | +1,035% |
| Cash at bank and in hand | 54/58 | €44,599 | €5,806 | -€38,793 | -87.0% |
| Deferred charges and accrued income | 490/1 | €1,169 | - | -€1,169 | |
| Total equity and liabilities | 10/49 | €235,596 | €184,670 | -€50,926 | -21.6% |
| Equity | 10/15 | €153,628 | €121,300 | -€32,327 | -21.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €137,348 | €105,020 | -€32,327 | -23.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €135,488 | €103,160 | -€32,327 | -23.9% |
| Profit (loss) carried forward | 14 | €10,080 | €10,080 | = | 0.0% |
| Amounts payable | 17/49 | €81,968 | €63,370 | -€18,598 | -22.7% |
| Amounts payable after more than one year | 17 | €26,192 | €16,789 | -€9,403 | -35.9% |
| Financial debts | 170/4 | €26,192 | €16,789 | -€9,403 | -35.9% |
| Amounts payable within one year | 42/48 | €55,776 | €46,581 | -€9,195 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €16,669 | €9,403 | -€7,266 | -43.6% |
| Trade debts | 44 | €8,181 | €29,612 | +€21,431 | +262% |
| Suppliers | 440/4 | €8,181 | €29,612 | +€21,431 | +262% |
| Taxes, remuneration and social security | 45 | €30,127 | €7,566 | -€22,561 | -74.9% |
| Taxes | 450/3 | €28,127 | €3,366 | -€24,761 | -88.0% |
| Remuneration and social security | 454/9 | €2,000 | €4,200 | +€2,200 | +110% |
| Other amounts payable | 47/48 | €799 | - | -€799 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,386 | €17,974 | -€4,412 | -19.7% |
| Other operating charges | 640/8 | €2,615 | €9,194 | +€6,579 | +252% |
| Gross operating margin | 9900 | €39,115 | €47,546 | +€8,430 | +21.6% |
| Operating profit (loss) | 9901 | €14,114 | €20,377 | +€6,264 | +44.4% |
| Financial income | 75/76B | €653 | €1,424 | +€771 | +118% |
| Recurring financial income | 75 | €653 | €1,424 | +€771 | +118% |
| Financial charges | 65/66B | €2,590 | €7,728 | +€5,138 | +198% |
| Recurring financial charges | 65 | €2,590 | €7,728 | +€5,138 | +198% |
| Profit (loss) for the period before taxes | 9903 | €12,176 | €14,073 | +€1,896 | +15.6% |
| Income taxes | 67/77 | €6,535 | €6,400 | -€134 | -2.1% |
| Profit (loss) for the period | 9904 | €5,642 | €7,673 | +€2,031 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,642 | €7,673 | +€2,031 | +36.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.