RENO-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.
RENO-CONSTRUCT
Largest movements
- Receivables within one year +€108,502
up €108,502 (+189.0%), from €57,398 to €165,900
of which Trade receivables: +€113,417
- Cash -€71,617
down €71,617 (-65.8%), from €108,880 to €37,264
mainly Receivables within one year (-€108,502) and Contributions, distributions and other (-€72,000)
- Tangible fixed assets -€23,744
down €23,744 (-19.7%), from €120,396 to €96,652
of which Furniture and vehicles: -€20,688
- Other debts +€29,559
up €29,559 (+28.7%), from €103,077 to €132,636
- Debts after one year -€19,642
down €19,642 (-36.5%), from €53,751 to €34,109
- Profit (loss) carried forward +€16,802
up €16,802 (+22.0%), from €76,402 to €93,204
- Tax, wage and social debts -€8,269
down €8,269 (-69.8%), from €11,840 to €3,571
of which Taxes: -€8,282
- Trade debts -€5,713
down €5,713 (-98.6%), from €5,796 to €83
- Gross operating margin +€15,768
up €15,768 (+13.8%), from €114,665 to €130,433
- Financial charges +€2,923
up €2,923 (+218.7%), from €1,337 to €4,260
of which Non-recurring financial charges: +€3,218
- Depreciation +€2,203
up €2,203 (+8.0%), from €27,448 to €29,651
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.
Cash bridge derived
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 | €286,908 | €299,907 | +€12,999 | +4.5% |
| Fixed assets | 21/28 | €120,396 | €96,652 | -€23,744 | -19.7% |
| Tangible fixed assets | 22/27 | €120,396 | €96,652 | -€23,744 | -19.7% |
| Plant, machinery and equipment | 23 | €19,414 | €16,359 | -€3,056 | -15.7% |
| Furniture and vehicles | 24 | €100,981 | €80,293 | -€20,688 | -20.5% |
| Current assets | 29/58 | €166,512 | €203,255 | +€36,743 | +22.1% |
| Amounts receivable within one year | 40/41 | €57,398 | €165,900 | +€108,502 | +189.0% |
| Trade receivables | 40 | €50,999 | €164,415 | +€113,417 | +222.4% |
| Other amounts receivable | 41 | €6,399 | €1,485 | -€4,914 | -76.8% |
| Cash at bank and in hand | 54/58 | €108,880 | €37,264 | -€71,617 | -65.8% |
| Deferred charges and accrued income | 490/1 | €233 | €90 | -€143 | -61.3% |
| Total equity and liabilities | 10/49 | €286,908 | €299,907 | +€12,999 | +4.5% |
| Equity | 10/15 | €92,993 | €109,795 | +€16,802 | +18.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,391 | €10,391 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,878 | €1,878 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,878 | €1,878 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,514 | €8,514 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,402 | €93,204 | +€16,802 | +22.0% |
| Amounts payable | 17/49 | €193,914 | €190,111 | -€3,803 | -2.0% |
| Amounts payable after more than one year | 17 | €53,751 | €34,109 | -€19,642 | -36.5% |
| Financial debts | 170/4 | €53,751 | €34,109 | -€19,642 | -36.5% |
| Amounts payable within one year | 42/48 | €140,163 | €155,932 | +€15,769 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €19,357 | €19,642 | +€286 | +1.5% |
| Trade debts | 44 | €5,796 | €83 | -€5,713 | -98.6% |
| Suppliers | 440/4 | €5,796 | €83 | -€5,713 | -98.6% |
| Advances received on contracts in progress | 46 | €94 | - | -€94 | |
| Taxes, remuneration and social security | 45 | €11,840 | €3,571 | -€8,269 | -69.8% |
| Taxes | 450/3 | €9,796 | €1,515 | -€8,282 | -84.5% |
| Remuneration and social security | 454/9 | €2,043 | €2,056 | +€13 | +0.6% |
| Other amounts payable | 47/48 | €103,077 | €132,636 | +€29,559 | +28.7% |
| Accrued charges and deferred income | 492/3 | - | €70 | +€70 | |
| Remuneration, social security and pensions | 62 | €1,861 | €1,755 | -€106 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,448 | €29,651 | +€2,203 | +8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €240 | +€240 | |
| Other operating charges | 640/8 | €606 | €265 | -€341 | -56.2% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €114,665 | €130,433 | +€15,768 | +13.8% |
| Operating profit (loss) | 9901 | €84,450 | €98,522 | +€14,071 | +16.7% |
| Financial income | 75/76B | €22 | €20 | -€2 | -7.9% |
| Recurring financial income | 75 | €22 | €20 | -€2 | -7.9% |
| Financial charges | 65/66B | €1,337 | €4,260 | +€2,923 | +218.7% |
| Recurring financial charges | 65 | €1,337 | €1,042 | -€295 | -22.1% |
| Non-recurring financial charges | 66B | - | €3,218 | +€3,218 | |
| Profit (loss) for the period before taxes | 9903 | €83,136 | €94,282 | +€11,146 | +13.4% |
| Income taxes | 67/77 | €5,282 | €5,480 | +€198 | +3.7% |
| Profit (loss) for the period | 9904 | €77,854 | €88,802 | +€10,948 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,854 | €88,802 | +€10,948 | +14.1% |
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 12 October 2026 via checked.be.