RENOV' HOME: what changed
RENOV' HOME
Largest movements
- Receivables within one year -€40,878
down €40,878 (-77.3%), from €52,848 to €11,970
of which Trade receivables: -€41,740
- Cash -€40,022
down €40,022 (-62.7%), from €63,860 to €23,838
mainly Debts after one year (-€24,186) and Trade debts (-€22,040)
- Tangible fixed assets -€21,652
down €21,652 (-12.8%), from €169,121 to €147,469
of which Furniture and vehicles: -€11,554
- Stocks and contracts +€12,949
up €12,949 (+55.4%), from €23,391 to €36,340
- Financial fixed assets +€3,509
up €3,509 (+62.0%), from €5,663 to €9,172
- Debts after one year -€24,186
down €24,186 (-29.6%), from €81,577 to €57,391
- Reserves -€23,008
down €23,008 (-19.5%), from €118,014 to €95,006
of which Distributable reserves: -€24,868
- Trade debts -€22,040
down €22,040 (-28.3%), from €77,823 to €55,783
- Tax, wage and social debts -€11,576
no longer reported in 2025 (was €11,576)
- Current portion of long-term debt -€3,331
down €3,331 (-12.1%), from €27,517 to €24,186
- Gross operating margin -€12,791
down €12,791 (-4.6%), from €281,062 to €268,271
- Depreciation +€3,174
up €3,174 (+15.4%), from €20,648 to €23,822
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €329,521 | €243,909 | -€85,611 | -26.0% |
| Fixed assets | 21/28 | €174,784 | €156,641 | -€18,143 | -10.4% |
| Tangible fixed assets | 22/27 | €169,121 | €147,469 | -€21,652 | -12.8% |
| Land and buildings | 22 | €115,134 | €107,333 | -€7,801 | -6.8% |
| Plant, machinery and equipment | 23 | €5,235 | €3,302 | -€1,934 | -36.9% |
| Furniture and vehicles | 24 | €48,004 | €36,450 | -€11,554 | -24.1% |
| Other tangible fixed assets | 26 | €749 | €385 | -€364 | -48.6% |
| Financial fixed assets | 28 | €5,663 | €9,172 | +€3,509 | +62.0% |
| Current assets | 29/58 | €154,736 | €87,268 | -€67,468 | -43.6% |
| Stocks and contracts in progress | 3 | €23,391 | €36,340 | +€12,949 | +55.4% |
| Stocks | 30/36 | €23,391 | €36,340 | +€12,949 | +55.4% |
| Amounts receivable within one year | 40/41 | €52,848 | €11,970 | -€40,878 | -77.3% |
| Trade receivables | 40 | €41,760 | €20 | -€41,740 | -100.0% |
| Other amounts receivable | 41 | €11,088 | €11,951 | +€862 | +7.8% |
| Cash at bank and in hand | 54/58 | €63,860 | €23,838 | -€40,022 | -62.7% |
| Deferred charges and accrued income | 490/1 | €14,637 | €15,120 | +€483 | +3.3% |
| Total equity and liabilities | 10/49 | €329,521 | €243,909 | -€85,611 | -26.0% |
| Equity | 10/15 | €131,029 | €106,161 | -€24,868 | -19.0% |
| Contributions | 10/11 | €13,014 | €11,155 | -€1,859 | -14.3% |
| Reserves | 13 | €118,014 | €95,006 | -€23,008 | -19.5% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €118,014 | €93,147 | -€24,868 | -21.1% |
| Amounts payable | 17/49 | €198,492 | €137,748 | -€60,744 | -30.6% |
| Amounts payable after more than one year | 17 | €81,577 | €57,391 | -€24,186 | -29.6% |
| Financial debts | 170/4 | €81,577 | €57,391 | -€24,186 | -29.6% |
| Amounts payable within one year | 42/48 | €116,915 | €80,357 | -€36,558 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €27,517 | €24,186 | -€3,331 | -12.1% |
| Trade debts | 44 | €77,823 | €55,783 | -€22,040 | -28.3% |
| Suppliers | 440/4 | €77,823 | €55,783 | -€22,040 | -28.3% |
| Taxes, remuneration and social security | 45 | €11,576 | - | -€11,576 | |
| Remuneration and social security | 454/9 | €11,576 | - | -€11,576 | |
| Other amounts payable | 47/48 | - | €389 | +€389 | |
| Remuneration, social security and pensions | 62 | €251,808 | €249,138 | -€2,670 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,648 | €23,822 | +€3,174 | +15.4% |
| Other operating charges | 640/8 | €5,412 | €6,123 | +€711 | +13.1% |
| Gross operating margin | 9900 | €281,062 | €268,271 | -€12,791 | -4.6% |
| Operating profit (loss) | 9901 | €3,194 | -€10,811 | -€14,005 | |
| Financial income | 75/76B | €3,836 | €3,970 | +€133 | +3.5% |
| Recurring financial income | 75 | €3,836 | €3,970 | +€133 | +3.5% |
| Financial charges | 65/66B | €3,511 | €3,652 | +€141 | +4.0% |
| Recurring financial charges | 65 | €3,511 | €3,652 | +€141 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €3,519 | -€10,493 | -€14,012 | |
| Income taxes | 67/77 | €1,318 | €202 | -€1,115 | -84.7% |
| Profit (loss) for the period | 9904 | €2,202 | -€10,695 | -€12,897 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,202 | -€10,695 | -€12,897 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.