RENOSTRUCT: what changed
Two fiscal 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.
RENOSTRUCT
Largest movements
- Cash +€178,291
up €178,291 (+383.0%), from €46,548 to €224,840
mainly Debts after one year (+€214,849) and Net result for the year (+€122,332)
- Stocks and contracts +€91,740
up €91,740 (+57.8%), from €158,777 to €250,517
- Tangible fixed assets +€33,184
up €33,184 (+8.1%), from €407,596 to €440,780
of which Furniture and vehicles: +€39,676
- Debts after one year +€214,849
up €214,849 (+69.0%), from €311,344 to €526,194
- Reserves +€97,476
up €97,476 (+57.4%), from €169,819 to €267,296
- Tax, wage and social debts -€17,168
down €17,168 (-47.7%), from €36,011 to €18,843
- Current portion of long-term debt +€16,010
up €16,010 (+48.9%), from €32,771 to €48,781
- Gross operating margin +€108,271
up €108,271 (+86.4%), from €125,322 to €233,593
- Taxes +€37,688
up €37,688 (+202.5%), from €18,608 to €56,296
- Financial charges +€7,547
up €7,547 (+111.7%), from €6,758 to €14,305
- Depreciation +€7,418
up €7,418 (+24.8%), from €29,969 to €37,386
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 | €641,138 | €942,726 | +€301,588 | +47.0% |
| Fixed assets | 21/28 | €407,846 | €440,780 | +€32,934 | +8.1% |
| Tangible fixed assets | 22/27 | €407,596 | €440,780 | +€33,184 | +8.1% |
| Land and buildings | 22 | €320,007 | €309,251 | -€10,756 | -3.4% |
| Plant, machinery and equipment | 23 | €14,683 | €25,304 | +€10,622 | +72.3% |
| Furniture and vehicles | 24 | €48,920 | €88,596 | +€39,676 | +81.1% |
| Leasing and similar rights | 25 | €23,986 | €17,628 | -€6,358 | -26.5% |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €233,291 | €501,946 | +€268,655 | +115.2% |
| Stocks and contracts in progress | 3 | €158,777 | €250,517 | +€91,740 | +57.8% |
| Stocks | 30/36 | €158,777 | €250,517 | +€91,740 | +57.8% |
| Amounts receivable within one year | 40/41 | €25,010 | €23,915 | -€1,094 | -4.4% |
| Trade receivables | 40 | €13,921 | €5,655 | -€8,266 | -59.4% |
| Other amounts receivable | 41 | €11,089 | €18,261 | +€7,172 | +64.7% |
| Cash at bank and in hand | 54/58 | €46,548 | €224,840 | +€178,291 | +383.0% |
| Deferred charges and accrued income | 490/1 | €2,956 | €2,674 | -€283 | -9.6% |
| Total equity and liabilities | 10/49 | €641,138 | €942,726 | +€301,588 | +47.0% |
| Equity | 10/15 | €176,019 | €267,796 | +€91,776 | +52.1% |
| Contributions | 10/11 | €6,200 | €500 | -€5,700 | -91.9% |
| Reserves | 13 | €169,819 | €267,296 | +€97,476 | +57.4% |
| Distributable reserves | 133 | €169,819 | €267,296 | +€97,476 | +57.4% |
| Amounts payable | 17/49 | €465,118 | €674,930 | +€209,812 | +45.1% |
| Amounts payable after more than one year | 17 | €311,344 | €526,194 | +€214,849 | +69.0% |
| Financial debts | 170/4 | €311,344 | €526,194 | +€214,849 | +69.0% |
| Amounts payable within one year | 42/48 | €153,774 | €148,736 | -€5,037 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €32,771 | €48,781 | +€16,010 | +48.9% |
| Trade debts | 44 | €40,324 | €38,232 | -€2,092 | -5.2% |
| Suppliers | 440/4 | €40,324 | €38,232 | -€2,092 | -5.2% |
| Taxes, remuneration and social security | 45 | €36,011 | €18,843 | -€17,168 | -47.7% |
| Taxes | 450/3 | €36,011 | €18,843 | -€17,168 | -47.7% |
| Other amounts payable | 47/48 | €44,667 | €42,880 | -€1,786 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,969 | €37,386 | +€7,418 | +24.8% |
| Other operating charges | 640/8 | €2,980 | €3,329 | +€349 | +11.7% |
| Gross operating margin | 9900 | €125,322 | €233,593 | +€108,271 | +86.4% |
| Operating profit (loss) | 9901 | €92,373 | €192,877 | +€100,504 | +108.8% |
| Financial income | 75/76B | €55 | €56 | +€1 | +2.5% |
| Recurring financial income | 75 | €55 | €56 | +€1 | +2.5% |
| Financial charges | 65/66B | €6,758 | €14,305 | +€7,547 | +111.7% |
| Recurring financial charges | 65 | €6,758 | €14,305 | +€7,547 | +111.7% |
| Profit (loss) for the period before taxes | 9903 | €85,670 | €178,628 | +€92,959 | +108.5% |
| Income taxes | 67/77 | €18,608 | €56,296 | +€37,688 | +202.5% |
| Profit (loss) for the period | 9904 | €67,062 | €122,332 | +€55,270 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,062 | €122,332 | +€55,270 | +82.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.