NN RENOV: what changed
NN RENOV
Largest movements
- Receivables within one year +€182,224
up €182,224 (+316%), from €57,724 to €239,948
of which Trade receivables: +€197,455
- Cash -€21,491
down €21,491 (-59.7%), from €35,995 to €14,504
mainly Receivables within one year (-€182,224) and Accrued charges and deferred income (-€20,000)
- Deferred charges and accrued income -€17,431
down €17,431 (-93.2%), from €18,710 to €1,279
- Trade debts +€177,594
up €177,594 (+588%), from €30,219 to €207,813
- Accrued charges and deferred income -€20,000
no longer reported in 2023 (was €20,000)
- Tax, wage and social debts -€12,233
down €12,233 (-56.4%), from €21,680 to €9,447
- Gross operating margin -€38,094
down €38,094 (-99.8%), from €38,182 to €88
- Taxes -€9,440
down €9,440 (-99.9%), from €9,446 to €7
Change in the result, 2022 to 2023
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
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,758 | €256,061 | +€143,302 | +127% |
| Fixed assets | 21/28 | €330 | €330 | = | 0.0% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €112,428 | €255,731 | +€143,302 | +127% |
| Amounts receivable within one year | 40/41 | €57,724 | €239,948 | +€182,224 | +316% |
| Trade receivables | 40 | €40,876 | €238,331 | +€197,455 | +483% |
| Other amounts receivable | 41 | €16,848 | €1,617 | -€15,231 | -90.4% |
| Cash at bank and in hand | 54/58 | €35,995 | €14,504 | -€21,491 | -59.7% |
| Deferred charges and accrued income | 490/1 | €18,710 | €1,279 | -€17,431 | -93.2% |
| Total equity and liabilities | 10/49 | €112,758 | €256,061 | +€143,302 | +127% |
| Equity | 10/15 | €39,622 | €38,801 | -€821 | -2.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,622 | €37,801 | -€821 | -2.1% |
| Amounts payable | 17/49 | €73,137 | €217,260 | +€144,123 | +197% |
| Amounts payable within one year | 42/48 | €53,137 | €217,260 | +€164,123 | +309% |
| Trade debts | 44 | €30,219 | €207,813 | +€177,594 | +588% |
| Suppliers | 440/4 | €30,219 | €207,813 | +€177,594 | +588% |
| Taxes, remuneration and social security | 45 | €21,680 | €9,447 | -€12,233 | -56.4% |
| Taxes | 450/3 | €21,680 | €9,447 | -€12,233 | -56.4% |
| Other amounts payable | 47/48 | €1,238 | - | -€1,238 | |
| Accrued charges and deferred income | 492/3 | €20,000 | - | -€20,000 | |
| Other operating charges | 640/8 | €348 | €505 | +€157 | +45.3% |
| Gross operating margin | 9900 | €38,182 | €88 | -€38,094 | -99.8% |
| Operating profit (loss) | 9901 | €37,834 | -€417 | -€38,251 | |
| Financial income | 75/76B | €98 | €16 | -€82 | -83.9% |
| Recurring financial income | 75 | €98 | €16 | -€82 | -83.9% |
| Financial charges | 65/66B | €404 | €413 | +€9 | +2.2% |
| Recurring financial charges | 65 | €404 | €413 | +€9 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €37,528 | -€814 | -€38,342 | |
| Income taxes | 67/77 | €9,446 | €7 | -€9,440 | -99.9% |
| Profit (loss) for the period | 9904 | €28,082 | -€821 | -€28,902 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,082 | -€821 | -€28,902 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.