FB RENOV: 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.
FB RENOV
Largest movements
- Receivables within one year -€4,240
down €4,240 (-48.2%), from €8,803 to €4,562
of which Trade receivables: -€3,748
- Cash -€1,528
down €1,528 (-25.9%), from €5,912 to €4,384
mainly Other debts (-€8,316) and Net result for the year (-€1,809)
- Other debts -€8,316
down €8,316 (-86.8%), from €9,583 to €1,267
- Trade debts +€4,356
up €4,356 (+18,616%), from €23 to €4,380
- Profit (loss) carried forward -€1,809
new in 2021: -€1,809
- Turnover -€28,252
no longer reported in 2021 (was €28,252)
- Purchases and services -€15,972
no longer reported in 2021 (was €15,972)
- Gross operating margin -€14,043
down €14,043, from €12,280 to -€1,763
- Taxes -€897
no longer reported in 2021 (was €897)
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,367 | €10,598 | -€5,769 | -35.2% |
| Fixed assets | 21/28 | €1,652 | €1,652 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,652 | €1,652 | = | 0.0% |
| Furniture and vehicles | 24 | €1,652 | €1,652 | = | 0.0% |
| Current assets | 29/58 | €14,715 | €8,946 | -€5,769 | -39.2% |
| Amounts receivable within one year | 40/41 | €8,803 | €4,562 | -€4,240 | -48.2% |
| Trade receivables | 40 | €7,524 | €3,776 | -€3,748 | -49.8% |
| Other amounts receivable | 41 | €1,279 | €787 | -€492 | -38.5% |
| Cash at bank and in hand | 54/58 | €5,912 | €4,384 | -€1,528 | -25.9% |
| Total equity and liabilities | 10/49 | €16,367 | €10,598 | -€5,769 | -35.2% |
| Equity | 10/15 | €5,864 | €4,055 | -€1,809 | -30.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | - | €2,500 | +€2,500 | |
| Issued capital | 100 | - | €2,500 | +€2,500 | |
| Reserves | 13 | €3,364 | €3,364 | = | 0.0% |
| Distributable reserves | 133 | €3,364 | €3,364 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,809 | -€1,809 | |
| Amounts payable | 17/49 | €10,503 | €6,543 | -€3,960 | -37.7% |
| Amounts payable within one year | 42/48 | €10,503 | €6,543 | -€3,960 | -37.7% |
| Trade debts | 44 | €23 | €4,380 | +€4,356 | +18,616% |
| Suppliers | 440/4 | €23 | €4,380 | +€4,356 | +18,616% |
| Taxes, remuneration and social security | 45 | €897 | €897 | = | 0.0% |
| Taxes | 450/3 | €897 | €897 | = | 0.0% |
| Other amounts payable | 47/48 | €9,583 | €1,267 | -€8,316 | -86.8% |
| Turnover | 70 | €28,252 | - | -€28,252 | |
| Goods, raw materials, services and sundry goods | 60/61 | €15,972 | - | -€15,972 | |
| Gross operating margin | 9900 | €12,280 | -€1,763 | -€14,043 | |
| Operating profit (loss) | 9901 | €12,280 | -€1,763 | -€14,043 | |
| Financial charges | 65/66B | €19 | €45 | +€26 | +134% |
| Recurring financial charges | 65 | €19 | €45 | +€26 | +134% |
| Profit (loss) for the period before taxes | 9903 | €12,260 | -€1,809 | -€14,069 | |
| Income taxes | 67/77 | €897 | - | -€897 | |
| Profit (loss) for the period | 9904 | €11,364 | -€1,809 | -€13,172 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,364 | -€1,809 | -€13,172 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.