NN RENOVE: 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.
NN RENOVE
Largest movements
- Receivables within one year -€83,702
down €83,702 (-62.2%), from €134,529 to €50,828
of which Trade receivables: -€85,773
- Tangible fixed assets -€7,984
down €7,984 (-51.1%), from €15,629 to €7,644
of which Furniture and vehicles: -€7,523
- Stocks and contracts -€2,780
down €2,780 (-28.8%), from €9,653 to €6,873
- Trade debts -€104,481
down €104,481 (-87.9%), from €118,858 to €14,377
of which Suppliers: -€104,481
- Profit (loss) carried forward +€6,629
no longer reported in 2025 (was -€6,629)
- Reserves +€5,639
up €5,639 (+15.2%), from €37,057 to €42,696
of which Distributable reserves: +€5,639
- Gross operating margin +€17,060
up €17,060 (+227%), from €7,524 to €24,584
- Taxes +€3,806
new in 2025: €3,806
- Other operating charges -€2,814
down €2,814 (-90.0%), from €3,128 to €314
- Financial income -€597
down €597 (-62.5%), from €954 to €357
- Depreciation -€471
down €471 (-5.6%), from €8,456 to €7,984
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 | €165,894 | €72,771 | -€93,123 | -56.1% |
| Fixed assets | 21/28 | €17,879 | €9,894 | -€7,984 | -44.7% |
| Tangible fixed assets | 22/27 | €15,629 | €7,644 | -€7,984 | -51.1% |
| Plant, machinery and equipment | 23 | €746 | €430 | -€315 | -42.3% |
| Furniture and vehicles | 24 | €13,854 | €6,331 | -€7,523 | -54.3% |
| Other tangible fixed assets | 26 | €1,029 | €883 | -€146 | -14.2% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €148,015 | €62,877 | -€85,138 | -57.5% |
| Stocks and contracts in progress | 3 | €9,653 | €6,873 | -€2,780 | -28.8% |
| Stocks | 30/36 | €9,653 | €6,873 | -€2,780 | -28.8% |
| Amounts receivable within one year | 40/41 | €134,529 | €50,828 | -€83,702 | -62.2% |
| Trade receivables | 40 | €125,114 | €39,341 | -€85,773 | -68.6% |
| Other amounts receivable | 41 | €9,416 | €11,487 | +€2,071 | +22.0% |
| Cash at bank and in hand | 54/58 | €2,618 | €3,505 | +€887 | +33.9% |
| Deferred charges and accrued income | 490/1 | €1,214 | €1,671 | +€456 | +37.6% |
| Total equity and liabilities | 10/49 | €165,894 | €72,771 | -€93,123 | -56.1% |
| Equity | 10/15 | €42,828 | €55,096 | +€12,267 | +28.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €37,057 | €42,696 | +€5,639 | +15.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,197 | €40,836 | +€5,639 | +16.0% |
| Profit (loss) carried forward | 14 | -€6,629 | - | +€6,629 | |
| Amounts payable | 17/49 | €123,065 | €17,675 | -€105,390 | -85.6% |
| Amounts payable within one year | 42/48 | €123,065 | €17,675 | -€105,390 | -85.6% |
| Trade debts | 44 | €118,858 | €14,377 | -€104,481 | -87.9% |
| Suppliers | 440/4 | €118,105 | €13,624 | -€104,481 | -88.5% |
| Bills of exchange payable | 441 | €753 | €753 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,207 | €3,298 | -€909 | -21.6% |
| Taxes | 450/3 | €4,207 | €3,298 | -€909 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,456 | €7,984 | -€471 | -5.6% |
| Other operating charges | 640/8 | €3,128 | €314 | -€2,814 | -90.0% |
| Gross operating margin | 9900 | €7,524 | €24,584 | +€17,060 | +227% |
| Operating profit (loss) | 9901 | -€4,060 | €16,286 | +€20,346 | |
| Financial income | 75/76B | €954 | €357 | -€597 | -62.5% |
| Recurring financial income | 75 | €954 | €357 | -€597 | -62.5% |
| Financial charges | 65/66B | €419 | €571 | +€152 | +36.3% |
| Recurring financial charges | 65 | €419 | €571 | +€152 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,524 | €16,073 | +€19,597 | |
| Income taxes | 67/77 | - | €3,806 | +€3,806 | |
| Profit (loss) for the period | 9904 | -€3,524 | €12,267 | +€15,792 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,524 | €12,267 | +€15,792 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.