L&G 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.
L&G RENOV
Largest movements
- Cash +€6,332
up €6,332 (+127%), from €5,001 to €11,333
mainly Depreciation (+€15,968) and Debts after one year (+€6,948)
- Tangible fixed assets +€5,532
up €5,532 (+13.7%), from €40,417 to €45,949
of which Furniture and vehicles: +€5,670
- Receivables within one year +€1,242
up €1,242 (+2.8%), from €43,941 to €45,183
of which Other amounts receivable: +€2,356
- Debts after one year +€6,948
up €6,948 (+35.8%), from €19,407 to €26,355
- Current portion of long-term debt +€4,778
up €4,778 (+48.9%), from €9,774 to €14,552
- Profit (loss) carried forward +€1,113
up €1,113 (+2.1%), from €52,385 to €53,498
- Gross operating margin +€23,541
up €23,541, from -€3,396 to €20,145
- Other operating charges +€839
up €839 (+48.0%), from €1,748 to €2,588
- Financial charges -€447
down €447 (-26.5%), from €1,688 to €1,241
- Depreciation +€329
up €329 (+2.1%), from €15,639 to €15,968
- Taxes -€253
down €253 (-99.0%), from €256 to €3
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 | €89,626 | €102,465 | +€12,839 | +14.3% |
| Fixed assets | 21/28 | €40,417 | €45,949 | +€5,532 | +13.7% |
| Tangible fixed assets | 22/27 | €40,417 | €45,949 | +€5,532 | +13.7% |
| Plant, machinery and equipment | 23 | €401 | €262 | -€138 | -34.5% |
| Furniture and vehicles | 24 | €40,016 | €45,686 | +€5,670 | +14.2% |
| Current assets | 29/58 | €49,209 | €56,516 | +€7,307 | +14.8% |
| Amounts receivable within one year | 40/41 | €43,941 | €45,183 | +€1,242 | +2.8% |
| Trade receivables | 40 | €28,171 | €27,057 | -€1,114 | -4.0% |
| Other amounts receivable | 41 | €15,769 | €18,125 | +€2,356 | +14.9% |
| Cash at bank and in hand | 54/58 | €5,001 | €11,333 | +€6,332 | +127% |
| Deferred charges and accrued income | 490/1 | €267 | - | -€267 | |
| Total equity and liabilities | 10/49 | €89,626 | €102,465 | +€12,839 | +14.3% |
| Equity | 10/15 | €60,445 | €61,558 | +€1,113 | +1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,385 | €53,498 | +€1,113 | +2.1% |
| Amounts payable | 17/49 | €29,181 | €40,907 | +€11,726 | +40.2% |
| Amounts payable after more than one year | 17 | €19,407 | €26,355 | +€6,948 | +35.8% |
| Financial debts | 170/4 | €19,407 | €26,355 | +€6,948 | +35.8% |
| Amounts payable within one year | 42/48 | €9,774 | €14,552 | +€4,778 | +48.9% |
| Current portion of amounts payable after more than one year | 42 | €9,774 | €14,552 | +€4,778 | +48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,639 | €15,968 | +€329 | +2.1% |
| Other operating charges | 640/8 | €1,748 | €2,588 | +€839 | +48.0% |
| Gross operating margin | 9900 | -€3,396 | €20,145 | +€23,541 | |
| Operating profit (loss) | 9901 | -€20,783 | €1,589 | +€22,372 | |
| Financial income | 75/76B | €644 | €767 | +€124 | +19.2% |
| Recurring financial income | 75 | €644 | €767 | +€124 | +19.2% |
| Financial charges | 65/66B | €1,688 | €1,241 | -€447 | -26.5% |
| Recurring financial charges | 65 | €1,688 | €1,241 | -€447 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | -€21,828 | €1,115 | +€22,943 | |
| Income taxes | 67/77 | €256 | €3 | -€253 | -99.0% |
| Profit (loss) for the period | 9904 | -€22,084 | €1,113 | +€23,197 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,084 | €1,113 | +€23,197 |
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 27 October 2026 via checked.be.