RENOV CONSTRUCT DME: 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.
RENOV CONSTRUCT DME
Largest movements
- Tangible fixed assets +€111,415
up €111,415 (+323.7%), from €34,424 to €145,839
of which Furniture and vehicles: +€120,346
- Receivables within one year +€51,390
up €51,390 (+244.1%), from €21,051 to €72,441
of which Trade receivables: +€47,438
- Cash +€10,821
up €10,821 (+5786.5%), from €187 to €11,008
mainly Debts after one year (+€166,976) and Depreciation (+€31,963)
- Debts after one year +€166,976
up €166,976 (+16370.2%), from €1,020 to €167,996
- Trade debts -€13,637
down €13,637 (-47.6%), from €28,631 to €14,994
- Reserves +€10,868
new in 2022: €10,868
- Current portion of long-term debt +€8,138
up €8,138 (+305.7%), from €2,662 to €10,800
- Tax, wage and social debts +€4,725
up €4,725 (+86.1%), from €5,488 to €10,213
of which Taxes: +€4,600
- Purchases and services -€99,216
down €99,216 (-20.1%), from €494,758 to €395,542
- Turnover -€60,404
down €60,404 (-11.2%), from €540,784 to €480,380
- Gross operating margin +€53,667
up €53,667 (+113.1%), from €47,448 to €101,115
- Staff costs +€29,709
up €29,709 (+130.9%), from €22,692 to €52,401
- Depreciation +€29,022
up €29,022 (+986.8%), from €2,941 to €31,963
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,502 | €233,542 | +€177,040 | +313.3% |
| Fixed assets | 21/28 | €34,774 | €146,189 | +€111,415 | +320.4% |
| Tangible fixed assets | 22/27 | €34,424 | €145,839 | +€111,415 | +323.7% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €21,385 | €15,105 | -€6,280 | -29.4% |
| Furniture and vehicles | 24 | €8,924 | €129,270 | +€120,346 | +1348.6% |
| Leasing and similar rights | 25 | €4,115 | €1,464 | -€2,651 | -64.4% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €21,728 | €87,353 | +€65,625 | +302.0% |
| Stocks and contracts in progress | 3 | - | €1,509 | +€1,509 | |
| Stocks | 30/36 | - | €1,509 | +€1,509 | |
| Amounts receivable within one year | 40/41 | €21,051 | €72,441 | +€51,390 | +244.1% |
| Trade receivables | 40 | - | €47,438 | +€47,438 | |
| Other amounts receivable | 41 | €21,051 | €25,003 | +€3,952 | +18.8% |
| Cash at bank and in hand | 54/58 | €187 | €11,008 | +€10,821 | +5786.5% |
| Deferred charges and accrued income | 490/1 | €490 | €2,395 | +€1,905 | +388.8% |
| Total equity and liabilities | 10/49 | €56,502 | €233,542 | +€177,040 | +313.3% |
| Equity | 10/15 | €18,671 | €29,539 | +€10,868 | +58.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €10,868 | +€10,868 | |
| Distributable reserves | 133 | - | €10,868 | +€10,868 | |
| Profit (loss) carried forward | 14 | €15,671 | €15,671 | +€0 | 0.0% |
| Amounts payable | 17/49 | €37,831 | €204,003 | +€166,172 | +439.2% |
| Amounts payable after more than one year | 17 | €1,020 | €167,996 | +€166,976 | +16370.2% |
| Financial debts | 170/4 | €1,020 | €167,996 | +€166,976 | +16370.2% |
| Amounts payable within one year | 42/48 | €36,811 | €36,007 | -€804 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €2,662 | €10,800 | +€8,138 | +305.7% |
| Trade debts | 44 | €28,631 | €14,994 | -€13,637 | -47.6% |
| Suppliers | 440/4 | €28,631 | €14,994 | -€13,637 | -47.6% |
| Taxes, remuneration and social security | 45 | €5,488 | €10,213 | +€4,725 | +86.1% |
| Taxes | 450/3 | €4,778 | €9,378 | +€4,600 | +96.3% |
| Remuneration and social security | 454/9 | €710 | €835 | +€125 | +17.6% |
| Other amounts payable | 47/48 | €30 | - | -€30 | |
| Turnover | 70 | €540,784 | €480,380 | -€60,404 | -11.2% |
| Non-recurring operating income | 76A | €1,422 | €16,278 | +€14,856 | +1044.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €494,758 | €395,542 | -€99,216 | -20.1% |
| Remuneration, social security and pensions | 62 | €22,692 | €52,401 | +€29,709 | +130.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,941 | €31,963 | +€29,022 | +986.8% |
| Other operating charges | 640/8 | €434 | €5,227 | +€4,793 | +1104.4% |
| Non-recurring operating charges | 66A | - | €199 | +€199 | |
| Gross operating margin | 9900 | €47,448 | €101,115 | +€53,667 | +113.1% |
| Operating profit (loss) | 9901 | €21,381 | €11,326 | -€10,055 | -47.0% |
| Financial income | 75/76B | €997 | €6,933 | +€5,936 | +595.4% |
| Recurring financial income | 75 | €997 | €956 | -€41 | -4.1% |
| Non-recurring financial income | 76B | - | €5,977 | +€5,977 | |
| Financial charges | 65/66B | €3,130 | €2,967 | -€163 | -5.2% |
| Recurring financial charges | 65 | €3,130 | €2,967 | -€163 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €19,248 | €15,292 | -€3,956 | -20.6% |
| Income taxes | 67/77 | €3,577 | €4,423 | +€846 | +23.7% |
| Profit (loss) for the period | 9904 | €15,671 | €10,868 | -€4,803 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,671 | €10,868 | -€4,803 | -30.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.