PRO RENOVATION: 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.
PRO RENOVATION
Largest movements
- Receivables within one year -€36,878
down €36,878 (-87.3%), from €42,247 to €5,368
of which Trade receivables: -€34,693
- Cash -€20,810
down €20,810 (-91.6%), from €22,722 to €1,912
mainly Net result for the year (-€26,798) and Advances received (-€16,100)
- Tangible fixed assets +€1,531
up €1,531 (+66.8%), from €2,290 to €3,821
- Profit (loss) carried forward -€26,798
down €26,798, from €5,753 to -€21,045
- Advances received -€16,100
no longer reported in 2025 (was €16,100)
- Trade debts -€13,789
down €13,789 (-73.5%), from €18,772 to €4,983
- Gross operating margin -€38,053
down €38,053, from €32,406 to -€5,647
- Staff costs +€18,484
new in 2025: €18,484
- Depreciation -€4,444
down €4,444 (-72.6%), from €6,123 to €1,679
- Taxes -€2,814
down €2,814 (-94.1%), from €2,990 to €177
- Financial income +€2,597
up €2,597 (+64,913%), from €4 to €2,601
of which Non-recurring financial income: +€2,596
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 | €67,259 | €11,101 | -€56,158 | -83.5% |
| Fixed assets | 21/28 | €2,290 | €3,821 | +€1,531 | +66.8% |
| Tangible fixed assets | 22/27 | €2,290 | €3,821 | +€1,531 | +66.8% |
| Furniture and vehicles | 24 | €2,290 | €3,821 | +€1,531 | +66.8% |
| Current assets | 29/58 | €64,968 | €7,280 | -€57,688 | -88.8% |
| Amounts receivable within one year | 40/41 | €42,247 | €5,368 | -€36,878 | -87.3% |
| Trade receivables | 40 | €39,763 | €5,070 | -€34,693 | -87.2% |
| Other amounts receivable | 41 | €2,483 | €298 | -€2,186 | -88.0% |
| Cash at bank and in hand | 54/58 | €22,722 | €1,912 | -€20,810 | -91.6% |
| Total equity and liabilities | 10/49 | €67,259 | €11,101 | -€56,158 | -83.5% |
| Equity | 10/15 | €7,753 | -€19,045 | -€26,798 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,753 | -€21,045 | -€26,798 | |
| Amounts payable | 17/49 | €59,506 | €30,146 | -€29,360 | -49.3% |
| Amounts payable within one year | 42/48 | €59,506 | €30,146 | -€29,360 | -49.3% |
| Trade debts | 44 | €18,772 | €4,983 | -€13,789 | -73.5% |
| Suppliers | 440/4 | €18,772 | €4,983 | -€13,789 | -73.5% |
| Advances received on contracts in progress | 46 | €16,100 | - | -€16,100 | |
| Taxes, remuneration and social security | 45 | €5,360 | €5,967 | +€607 | +11.3% |
| Taxes | 450/3 | €2,990 | €3,167 | +€177 | +5.9% |
| Remuneration and social security | 454/9 | €2,370 | €2,800 | +€430 | +18.2% |
| Other amounts payable | 47/48 | €19,273 | €19,195 | -€78 | -0.4% |
| Remuneration, social security and pensions | 62 | - | €18,484 | +€18,484 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,123 | €1,679 | -€4,444 | -72.6% |
| Other operating charges | 640/8 | €1,950 | €3,357 | +€1,408 | +72.2% |
| Non-recurring operating charges | 66A | €5,474 | - | -€5,474 | |
| Gross operating margin | 9900 | €32,406 | -€5,647 | -€38,053 | |
| Operating profit (loss) | 9901 | €18,859 | -€29,168 | -€48,027 | |
| Financial income | 75/76B | €4 | €2,601 | +€2,597 | +64,913% |
| Recurring financial income | 75 | €4 | €4 | +€0 | +5.0% |
| Non-recurring financial income | 76B | - | €2,596 | +€2,596 | |
| Financial charges | 65/66B | €70 | €54 | -€16 | -23.0% |
| Recurring financial charges | 65 | €70 | €54 | -€16 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €18,794 | -€26,621 | -€45,415 | |
| Income taxes | 67/77 | €2,990 | €177 | -€2,814 | -94.1% |
| Profit (loss) for the period | 9904 | €15,803 | -€26,798 | -€42,601 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,803 | -€26,798 | -€42,601 |
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 20 October 2026 via checked.be.