John Elite Reno & Construct: 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.
John Elite Reno & Construct
Largest movements
- Receivables within one year +€15,951
up €15,951 (+96.6%), from €16,513 to €32,464
of which Other amounts receivable: +€22,481
- Deferred charges and accrued income -€1,509
no longer reported in 2023 (was €1,509)
- Cash +€568
new in 2023: €568
- Tangible fixed assets +€450
new in 2023: €450
- Profit (loss) carried forward +€14,891
up €14,891 (+165%), from €9,047 to €23,938
- Trade debts +€914
up €914 (+30.9%), from €2,959 to €3,873
- Tax, wage and social debts -€345
down €345 (-11.4%), from €3,016 to €2,671
- Turnover +€52,909
new in 2023: €52,909
- Purchases and services +€43,168
new in 2023: €43,168
- Gross operating margin -€4,363
down €4,363 (-30.9%), from €14,104 to €9,741
- Taxes -€3,016
no longer reported in 2023 (was €3,016)
- Depreciation -€1,600
down €1,600 (-80.0%), from €2,000 to €400
From the 2021 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,022 | €33,482 | +€15,461 | +85.8% |
| Fixed assets | 21/28 | - | €450 | +€450 | |
| Tangible fixed assets | 22/27 | - | €450 | +€450 | |
| Plant, machinery and equipment | 23 | - | €450 | +€450 | |
| Current assets | 29/58 | €18,022 | €33,032 | +€15,010 | +83.3% |
| Amounts receivable within one year | 40/41 | €16,513 | €32,464 | +€15,951 | +96.6% |
| Trade receivables | 40 | €12,500 | €5,970 | -€6,530 | -52.2% |
| Other amounts receivable | 41 | €4,013 | €26,494 | +€22,481 | +560% |
| Cash at bank and in hand | 54/58 | - | €568 | +€568 | |
| Deferred charges and accrued income | 490/1 | €1,509 | - | -€1,509 | |
| Total equity and liabilities | 10/49 | €18,022 | €33,482 | +€15,461 | +85.8% |
| Equity | 10/15 | €12,047 | €26,938 | +€14,891 | +124% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €3,000 | +€3,000 | |
| Other | 1109/19 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €9,047 | €23,938 | +€14,891 | +165% |
| Amounts payable | 17/49 | €5,975 | €6,544 | +€570 | +9.5% |
| Amounts payable within one year | 42/48 | €5,975 | €6,544 | +€570 | +9.5% |
| Trade debts | 44 | €2,959 | €3,873 | +€914 | +30.9% |
| Suppliers | 440/4 | €2,959 | €3,873 | +€914 | +30.9% |
| Taxes, remuneration and social security | 45 | €3,016 | €2,671 | -€345 | -11.4% |
| Taxes | 450/3 | €3,016 | €2,671 | -€345 | -11.4% |
| Turnover | 70 | - | €52,909 | +€52,909 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €43,168 | +€43,168 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €400 | -€1,600 | -80.0% |
| Gross operating margin | 9900 | €14,104 | €9,741 | -€4,363 | -30.9% |
| Operating profit (loss) | 9901 | €12,104 | €9,341 | -€2,763 | -22.8% |
| Financial income | 75/76B | - | €1,318 | +€1,318 | |
| Recurring financial income | 75 | - | €1,318 | +€1,318 | |
| Financial charges | 65/66B | €41 | €136 | +€95 | +230% |
| Recurring financial charges | 65 | €41 | €136 | +€95 | +230% |
| Profit (loss) for the period before taxes | 9903 | €12,063 | €10,523 | -€1,539 | -12.8% |
| Income taxes | 67/77 | €3,016 | - | -€3,016 | |
| Profit (loss) for the period | 9904 | €9,047 | €10,523 | +€1,476 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,047 | €10,523 | +€1,476 | +16.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.