LLRenovatie: what changed
LLRenovatie
Largest movements
- Tangible fixed assets -€13,183
down €13,183 (-53.2%), from €24,766 to €11,583
of which Plant, machinery and equipment: -€11,786
- Receivables within one year +€7,864
up €7,864 (+69.7%), from €11,284 to €19,147
of which Trade receivables: +€5,074
- Deferred charges and accrued income -€1,319
no longer reported in 2024 (was €1,319)
- Cash +€940
up €940 (+200%), from €470 to €1,409
- Trade debts -€32,431
down €32,431 (-89.9%), from €36,064 to €3,633
- Other debts +€19,338
up €19,338 (+360%), from €5,375 to €24,713
- Profit (loss) carried forward +€7,719
up €7,719 (+94.4%), from -€8,177 to -€457
- Purchases and services -€42,934
down €42,934 (-43.4%), from €99,038 to €56,104
- Turnover -€33,473
down €33,473 (-28.9%), from €115,800 to €82,327
- Gross operating margin +€9,461
up €9,461 (+56.4%), from €16,762 to €26,223
- Depreciation -€5,485
down €5,485 (-40.8%), from €13,458 to €7,973
Change in the result, 2022 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises 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 | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,839 | €32,139 | -€5,699 | -15.1% |
| Fixed assets | 21/28 | €24,766 | €11,583 | -€13,183 | -53.2% |
| Tangible fixed assets | 22/27 | €24,766 | €11,583 | -€13,183 | -53.2% |
| Plant, machinery and equipment | 23 | €21,155 | €9,369 | -€11,786 | -55.7% |
| Furniture and vehicles | 24 | €2,591 | €1,593 | -€998 | -38.5% |
| Other tangible fixed assets | 26 | €1,020 | €621 | -€399 | -39.1% |
| Current assets | 29/58 | €13,073 | €20,557 | +€7,484 | +57.2% |
| Amounts receivable within one year | 40/41 | €11,284 | €19,147 | +€7,864 | +69.7% |
| Trade receivables | 40 | €7,744 | €12,818 | +€5,074 | +65.5% |
| Other amounts receivable | 41 | €3,540 | €6,329 | +€2,789 | +78.8% |
| Cash at bank and in hand | 54/58 | €470 | €1,409 | +€940 | +200% |
| Deferred charges and accrued income | 490/1 | €1,319 | - | -€1,319 | |
| Total equity and liabilities | 10/49 | €37,839 | €32,139 | -€5,699 | -15.1% |
| Equity | 10/15 | -€5,677 | €2,043 | +€7,719 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | - | €2,500 | +€2,500 | |
| Issued capital | 100 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | -€8,177 | -€457 | +€7,719 | +94.4% |
| Amounts payable | 17/49 | €43,515 | €30,097 | -€13,419 | -30.8% |
| Amounts payable within one year | 42/48 | €43,515 | €30,097 | -€13,419 | -30.8% |
| Trade debts | 44 | €36,064 | €3,633 | -€32,431 | -89.9% |
| Suppliers | 440/4 | €36,064 | €3,633 | -€32,431 | -89.9% |
| Taxes, remuneration and social security | 45 | €2,077 | €1,751 | -€326 | -15.7% |
| Taxes | 450/3 | €2,077 | €1,751 | -€326 | -15.7% |
| Other amounts payable | 47/48 | €5,375 | €24,713 | +€19,338 | +360% |
| Turnover | 70 | €115,800 | €82,327 | -€33,473 | -28.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €99,038 | €56,104 | -€42,934 | -43.4% |
| Remuneration, social security and pensions | 62 | €19,200 | €19,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,458 | €7,973 | -€5,485 | -40.8% |
| Other operating charges | 640/8 | €157 | €404 | +€247 | +157% |
| Gross operating margin | 9900 | €16,762 | €26,223 | +€9,461 | +56.4% |
| Operating profit (loss) | 9901 | -€16,054 | -€1,355 | +€14,699 | +91.6% |
| Financial charges | 65/66B | - | €90 | +€90 | |
| Recurring financial charges | 65 | - | €90 | +€90 | |
| Profit (loss) for the period before taxes | 9903 | -€16,054 | -€1,445 | +€14,609 | +91.0% |
| Profit (loss) for the period | 9904 | -€16,054 | -€1,445 | +€14,609 | +91.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,054 | -€1,445 | +€14,609 | +91.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.