Renov-8: 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.
Renov-8
Largest movements
- Receivables within one year +€46,589
up €46,589 (+319%), from €14,614 to €61,203
of which Trade receivables: +€26,422
- Tangible fixed assets +€24,764
new in 2024: €24,764
of which Furniture and vehicles: +€22,400
- Cash +€13,185
up €13,185 (+19,836%), from €66 to €13,252
mainly Net result for the year (+€56,964) and Tax, wage and social debts (+€13,199)
- Stocks and contracts -€8,120
down €8,120 (-71.4%), from €11,378 to €3,258
of which Contracts in progress: -€8,120
- Profit (loss) carried forward +€56,964
up €56,964 (+811%), from €7,026 to €63,990
- Tax, wage and social debts +€13,199
up €13,199 (+418%), from €3,158 to €16,357
of which Taxes: +€13,605
- Trade debts +€6,255
up €6,255 (+106%), from €5,874 to €12,129
- Gross operating margin +€87,872
up €87,872 (+216%), from €40,680 to €128,551
- Staff costs +€14,073
up €14,073 (+38.9%), from €36,217 to €50,290
- Taxes +€13,551
up €13,551 (+1,420%), from €955 to €14,506
- Depreciation +€6,358
new in 2024: €6,358
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.
Derived cash bridge
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 | €26,059 | €102,477 | +€76,418 | +293% |
| Fixed assets | 21/28 | - | €24,764 | +€24,764 | |
| Tangible fixed assets | 22/27 | - | €24,764 | +€24,764 | |
| Plant, machinery and equipment | 23 | - | €2,364 | +€2,364 | |
| Furniture and vehicles | 24 | - | €22,400 | +€22,400 | |
| Current assets | 29/58 | €26,059 | €77,713 | +€51,654 | +198% |
| Stocks and contracts in progress | 3 | €11,378 | €3,258 | -€8,120 | -71.4% |
| Stocks | 30/36 | €3,258 | €3,258 | = | 0.0% |
| Contracts in progress | 37 | €8,120 | - | -€8,120 | |
| Amounts receivable within one year | 40/41 | €14,614 | €61,203 | +€46,589 | +319% |
| Trade receivables | 40 | €1,707 | €28,129 | +€26,422 | +1,548% |
| Other amounts receivable | 41 | €12,907 | €33,074 | +€20,167 | +156% |
| Cash at bank and in hand | 54/58 | €66 | €13,252 | +€13,185 | +19,836% |
| Total equity and liabilities | 10/49 | €26,059 | €102,477 | +€76,418 | +293% |
| Equity | 10/15 | €17,026 | €73,990 | +€56,964 | +335% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,026 | €63,990 | +€56,964 | +811% |
| Amounts payable | 17/49 | €9,032 | €28,486 | +€19,454 | +215% |
| Amounts payable within one year | 42/48 | €9,032 | €28,486 | +€19,454 | +215% |
| Trade debts | 44 | €5,874 | €12,129 | +€6,255 | +106% |
| Suppliers | 440/4 | €5,874 | €12,129 | +€6,255 | +106% |
| Taxes, remuneration and social security | 45 | €3,158 | €16,357 | +€13,199 | +418% |
| Taxes | 450/3 | €1,856 | €15,460 | +€13,605 | +733% |
| Remuneration and social security | 454/9 | €1,303 | €897 | -€405 | -31.1% |
| Remuneration, social security and pensions | 62 | €36,217 | €50,290 | +€14,073 | +38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,358 | +€6,358 | |
| Other operating charges | 640/8 | - | €281 | +€281 | |
| Gross operating margin | 9900 | €40,680 | €128,551 | +€87,872 | +216% |
| Operating profit (loss) | 9901 | €4,463 | €71,622 | +€67,160 | +1,505% |
| Financial income | 75/76B | €27 | €261 | +€234 | +855% |
| Recurring financial income | 75 | €27 | €261 | +€234 | +855% |
| Financial charges | 65/66B | €113 | €414 | +€301 | +268% |
| Recurring financial charges | 65 | €113 | €414 | +€301 | +268% |
| Profit (loss) for the period before taxes | 9903 | €4,377 | €71,469 | +€67,092 | +1,533% |
| Income taxes | 67/77 | €955 | €14,506 | +€13,551 | +1,420% |
| Profit (loss) for the period | 9904 | €3,423 | €56,964 | +€53,541 | +1,564% |
| Profit (loss) for the period to be appropriated | 9905 | €3,423 | €56,964 | +€53,541 | +1,564% |
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 26 October 2026 via checked.be.