OG RENOV CONSTRUCT: 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.
OG RENOV CONSTRUCT
Largest movements
- Cash -€26,175
down €26,175 (-19.6%), from €133,265 to €107,090
mainly Other debts (-€124,394) and Investment in fixed assets (net) (-€9,321)
- Receivables within one year -€9,992
down €9,992 (-75.0%), from €13,329 to €3,337
of which Trade receivables: -€6,204
- Financial fixed assets +€1,800
up €1,800 (+600.0%), from €300 to €2,100
- Other debts -€124,394
down €124,394 (-95.7%), from €130,000 to €5,606
- Reserves +€80,000
new in 2025: €80,000
- Tax, wage and social debts +€18,064
up €18,064 (+113.1%), from €15,972 to €34,036
of which Taxes: +€11,628
- Advances received -€5,687
no longer reported in 2025 (was €5,687)
- Gross operating margin -€33,069
down €33,069 (-18.8%), from €176,272 to €143,203
- Staff costs +€22,069
up €22,069 (+7881.9%), from €280 to €22,349
- Taxes -€4,590
down €4,590 (-12.1%), from €38,000 to €33,410
- Depreciation +€2,483
up €2,483 (+55.2%), from €4,497 to €6,980
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.
Cash bridge derived
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 | €164,966 | €131,140 | -€33,826 | -20.5% |
| Fixed assets | 21/28 | €18,371 | €20,713 | +€2,341 | +12.7% |
| Tangible fixed assets | 22/27 | €18,071 | €18,613 | +€541 | +3.0% |
| Plant, machinery and equipment | 23 | - | €6,379 | +€6,379 | |
| Furniture and vehicles | 24 | €18,071 | €12,233 | -€5,838 | -32.3% |
| Financial fixed assets | 28 | €300 | €2,100 | +€1,800 | +600.0% |
| Current assets | 29/58 | €146,594 | €110,427 | -€36,167 | -24.7% |
| Amounts receivable within one year | 40/41 | €13,329 | €3,337 | -€9,992 | -75.0% |
| Trade receivables | 40 | €8,484 | €2,280 | -€6,204 | -73.1% |
| Other amounts receivable | 41 | €4,845 | €1,057 | -€3,788 | -78.2% |
| Cash at bank and in hand | 54/58 | €133,265 | €107,090 | -€26,175 | -19.6% |
| Total equity and liabilities | 10/49 | €164,966 | €131,140 | -€33,826 | -20.5% |
| Equity | 10/15 | €7,864 | €87,086 | +€79,222 | +1007.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €80,000 | +€80,000 | |
| Distributable reserves | 133 | - | €80,000 | +€80,000 | |
| Profit (loss) carried forward | 14 | €2,864 | €2,086 | -€778 | -27.2% |
| Amounts payable | 17/49 | €157,101 | €44,053 | -€113,048 | -72.0% |
| Amounts payable within one year | 42/48 | €157,101 | €44,053 | -€113,048 | -72.0% |
| Trade debts | 44 | €5,443 | €4,411 | -€1,032 | -19.0% |
| Suppliers | 440/4 | €5,443 | €4,411 | -€1,032 | -19.0% |
| Advances received on contracts in progress | 46 | €5,687 | - | -€5,687 | |
| Taxes, remuneration and social security | 45 | €15,972 | €34,036 | +€18,064 | +113.1% |
| Taxes | 450/3 | €13,672 | €25,300 | +€11,628 | +85.1% |
| Remuneration and social security | 454/9 | €2,300 | €8,736 | +€6,436 | +279.8% |
| Other amounts payable | 47/48 | €130,000 | €5,606 | -€124,394 | -95.7% |
| Remuneration, social security and pensions | 62 | €280 | €22,349 | +€22,069 | +7881.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,497 | €6,980 | +€2,483 | +55.2% |
| Other operating charges | 640/8 | €300 | €1,008 | +€707 | +235.6% |
| Gross operating margin | 9900 | €176,272 | €143,203 | -€33,069 | -18.8% |
| Operating profit (loss) | 9901 | €171,195 | €112,866 | -€58,329 | -34.1% |
| Financial charges | 65/66B | €330 | €234 | -€96 | -29.0% |
| Recurring financial charges | 65 | €330 | €234 | -€96 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €170,864 | €112,632 | -€58,233 | -34.1% |
| Income taxes | 67/77 | €38,000 | €33,410 | -€4,590 | -12.1% |
| Profit (loss) for the period | 9904 | €132,864 | €79,222 | -€53,643 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €132,864 | €79,222 | -€53,643 | -40.4% |
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 9 October 2026 via checked.be.