RENOV-ACTION: 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-ACTION
Largest movements
- Tangible fixed assets -€2,246
down €2,246 (-32.6%), from €6,892 to €4,645
- Cash -€566
down €566 (-91.1%), from €621 to €55
mainly Net result for the year (-€6,567) and Receivables within one year (-€245)
- Receivables within one year +€245
up €245 (+6.5%), from €3,745 to €3,990
of which Other amounts receivable: +€245
- Profit (loss) carried forward -€6,567
down €6,567, from €5,926 to -€641
- Other debts +€4,000
up €4,000 (+162%), from €2,470 to €6,470
- Gross operating margin -€2,231
down €2,231 (-851%), from -€262 to -€2,493
- Taxes +€924
new in 2024: €924
- Depreciation +€735
up €735 (+48.6%), from €1,512 to €2,246
- Other operating charges +€291
up €291 (+51.2%), from €569 to €860
- Financial charges -€193
down €193 (-81.1%), from €238 to €45
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 | €11,396 | €8,829 | -€2,567 | -22.5% |
| Fixed assets | 21/28 | €7,030 | €4,783 | -€2,246 | -32.0% |
| Tangible fixed assets | 22/27 | €6,892 | €4,645 | -€2,246 | -32.6% |
| Furniture and vehicles | 24 | €6,892 | €4,645 | -€2,246 | -32.6% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €4,366 | €4,045 | -€321 | -7.3% |
| Amounts receivable within one year | 40/41 | €3,745 | €3,990 | +€245 | +6.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,745 | €3,990 | +€245 | +6.5% |
| Cash at bank and in hand | 54/58 | €621 | €55 | -€566 | -91.1% |
| Total equity and liabilities | 10/49 | €11,396 | €8,829 | -€2,567 | -22.5% |
| Equity | 10/15 | €8,926 | €2,359 | -€6,567 | -73.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,926 | -€641 | -€6,567 | |
| Amounts payable | 17/49 | €2,470 | €6,470 | +€4,000 | +162% |
| Amounts payable within one year | 42/48 | €2,470 | €6,470 | +€4,000 | +162% |
| Other amounts payable | 47/48 | €2,470 | €6,470 | +€4,000 | +162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,512 | €2,246 | +€735 | +48.6% |
| Other operating charges | 640/8 | €569 | €860 | +€291 | +51.2% |
| Gross operating margin | 9900 | -€262 | -€2,493 | -€2,231 | -851% |
| Operating profit (loss) | 9901 | -€2,343 | -€5,599 | -€3,256 | -139% |
| Financial income | 75/76B | €8 | €2 | -€6 | -78.0% |
| Recurring financial income | 75 | €8 | €2 | -€6 | -78.0% |
| Financial charges | 65/66B | €238 | €45 | -€193 | -81.1% |
| Recurring financial charges | 65 | €238 | €45 | -€193 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,573 | -€5,642 | -€3,069 | -119% |
| Income taxes | 67/77 | - | €924 | +€924 | |
| Profit (loss) for the period | 9904 | -€2,573 | -€6,567 | -€3,994 | -155% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,573 | -€6,567 | -€3,994 | -155% |
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 18 October 2026 via checked.be.