GENERAL 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.
GENERAL RENOV
Largest movements
- Receivables within one year -€70,097
down €70,097 (-52.1%), from €134,451 to €64,354
of which Trade receivables: -€62,598
- Profit (loss) carried forward -€32,505
down €32,505, from €11,696 to -€20,809
- Other debts -€25,000
no longer reported in 2025 (was €25,000)
- Trade debts -€13,697
down €13,697 (-14.6%), from €93,517 to €79,820
- Gross operating margin -€62,229
down €62,229, from €41,753 to -€20,476
- Other operating charges +€10,757
up €10,757 (+21,513%), from €50 to €10,807
- Taxes -€3,095
no longer reported in 2025 (was €3,095)
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 | €136,908 | €65,706 | -€71,202 | -52.0% |
| Fixed assets | 21/28 | €2,452 | €1,350 | -€1,102 | -44.9% |
| Tangible fixed assets | 22/27 | €2,452 | €1,350 | -€1,102 | -44.9% |
| Furniture and vehicles | 24 | €2,452 | €1,350 | -€1,102 | -44.9% |
| Current assets | 29/58 | €134,457 | €64,356 | -€70,100 | -52.1% |
| Amounts receivable within one year | 40/41 | €134,451 | €64,354 | -€70,097 | -52.1% |
| Trade receivables | 40 | €62,598 | - | -€62,598 | |
| Other amounts receivable | 41 | €71,853 | €64,354 | -€7,500 | -10.4% |
| Cash at bank and in hand | 54/58 | €6 | €2 | -€3 | -57.1% |
| Total equity and liabilities | 10/49 | €136,908 | €65,706 | -€71,202 | -52.0% |
| Equity | 10/15 | €11,696 | -€20,809 | -€32,505 | |
| Profit (loss) carried forward | 14 | €11,696 | -€20,809 | -€32,505 | |
| Amounts payable | 17/49 | €125,212 | €86,515 | -€38,697 | -30.9% |
| Amounts payable within one year | 42/48 | €125,212 | €86,515 | -€38,697 | -30.9% |
| Trade debts | 44 | €93,517 | €79,820 | -€13,697 | -14.6% |
| Suppliers | 440/4 | €93,517 | €79,820 | -€13,697 | -14.6% |
| Taxes, remuneration and social security | 45 | €6,695 | €6,695 | = | 0.0% |
| Taxes | 450/3 | €3,095 | €3,095 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,600 | €3,600 | = | 0.0% |
| Other amounts payable | 47/48 | €25,000 | - | -€25,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €854 | €1,102 | +€248 | +29.0% |
| Other operating charges | 640/8 | €50 | €10,807 | +€10,757 | +21,513% |
| Non-recurring operating charges | 66A | €938 | - | -€938 | |
| Gross operating margin | 9900 | €41,753 | -€20,476 | -€62,229 | |
| Operating profit (loss) | 9901 | €39,910 | -€32,385 | -€72,295 | |
| Financial charges | 65/66B | €119 | €120 | +€1 | +0.9% |
| Recurring financial charges | 65 | €119 | €120 | +€1 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €39,791 | -€32,505 | -€72,296 | |
| Income taxes | 67/77 | €3,095 | - | -€3,095 | |
| Profit (loss) for the period | 9904 | €36,696 | -€32,505 | -€69,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,696 | -€32,505 | -€69,201 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.