MB 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.
MB RENOV
Largest movements
- Receivables within one year +€9,485
up €9,485 (+26.8%), from €35,452 to €44,937
of which Other amounts receivable: +€7,822
- Tangible fixed assets +€3,958
new in 2024: €3,958
- Cash +€1,806
up €1,806 (+19.4%), from €9,309 to €11,114
mainly Net result for the year (+€29,130) and Other debts (+€16,343)
- Other debts +€16,343
up €16,343 (+83.7%), from €19,529 to €35,871
- Profit (loss) carried forward +€14,130
up €14,130, from -€974 to €13,156
- Tax, wage and social debts -€8,425
down €8,425 (-65.2%), from €12,930 to €4,505
of which Remuneration and social security: -€6,373
- Trade debts -€6,799
down €6,799 (-67.5%), from €10,076 to €3,278
- Gross operating margin +€48,357
up €48,357, from -€14,878 to €33,480
- Taxes +€3,510
new in 2024: €3,510
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,061 | €61,310 | +€15,249 | +33.1% |
| Fixed assets | 21/28 | €1,300 | €5,258 | +€3,958 | +304% |
| Tangible fixed assets | 22/27 | - | €3,958 | +€3,958 | |
| Furniture and vehicles | 24 | - | €3,958 | +€3,958 | |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €44,761 | €56,052 | +€11,291 | +25.2% |
| Amounts receivable within one year | 40/41 | €35,452 | €44,937 | +€9,485 | +26.8% |
| Trade receivables | 40 | €33,772 | €35,434 | +€1,663 | +4.9% |
| Other amounts receivable | 41 | €1,681 | €9,503 | +€7,822 | +465% |
| Cash at bank and in hand | 54/58 | €9,309 | €11,114 | +€1,806 | +19.4% |
| Total equity and liabilities | 10/49 | €46,061 | €61,310 | +€15,249 | +33.1% |
| Equity | 10/15 | €3,526 | €17,656 | +€14,130 | +401% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€974 | €13,156 | +€14,130 | |
| Amounts payable | 17/49 | €42,535 | €43,654 | +€1,119 | +2.6% |
| Amounts payable within one year | 42/48 | €42,535 | €43,654 | +€1,119 | +2.6% |
| Trade debts | 44 | €10,076 | €3,278 | -€6,799 | -67.5% |
| Suppliers | 440/4 | €10,076 | €3,278 | -€6,799 | -67.5% |
| Taxes, remuneration and social security | 45 | €12,930 | €4,505 | -€8,425 | -65.2% |
| Taxes | 450/3 | €6,558 | €4,505 | -€2,053 | -31.3% |
| Remuneration and social security | 454/9 | €6,373 | - | -€6,373 | |
| Other amounts payable | 47/48 | €19,529 | €35,871 | +€16,343 | +83.7% |
| Remuneration, social security and pensions | 62 | €52 | - | -€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €213 | +€213 | |
| Other operating charges | 640/8 | €307 | €409 | +€102 | +33.1% |
| Non-recurring operating charges | 66A | €1,937 | - | -€1,937 | |
| Gross operating margin | 9900 | -€14,878 | €33,480 | +€48,357 | |
| Operating profit (loss) | 9901 | -€17,174 | €32,858 | +€50,032 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €201 | €220 | +€19 | +9.3% |
| Recurring financial charges | 65 | €201 | €220 | +€19 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,375 | €32,640 | +€50,015 | |
| Income taxes | 67/77 | - | €3,510 | +€3,510 | |
| Profit (loss) for the period | 9904 | -€17,375 | €29,130 | +€46,505 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,375 | €29,130 | +€46,505 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.