RENOVABUILD: 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.
RENOVABUILD
Largest movements
- Tangible fixed assets +€164,857
up €164,857 (+358.4%), from €46,002 to €210,859
of which Land and buildings: +€181,168
- Receivables within one year -€54,835
down €54,835 (-40.4%), from €135,729 to €80,894
of which Other amounts receivable: -€32,374
- Cash -€22,999
down €22,999 (-72.2%), from €31,851 to €8,852
mainly Investment in fixed assets (net) (-€215,371) and Tax, wage and social debts (-€27,351)
- Debts after one year +€127,328
up €127,328 (+459.8%), from €27,695 to €155,024
- Tax, wage and social debts -€27,351
down €27,351 (-98.6%), from €27,749 to €398
- Trade debts -€20,776
down €20,776 (-45.2%), from €45,998 to €25,222
- Current portion of long-term debt +€7,825
up €7,825 (+90.3%), from €8,664 to €16,489
- Profit (loss) carried forward -€6,338
down €6,338 (-6.1%), from €103,411 to €97,073
- Gross operating margin -€92,830
down €92,830 (-65.5%), from €141,629 to €48,799
- Depreciation +€40,697
up €40,697 (+414.6%), from €9,817 to €50,514
- Taxes -€27,749
no longer reported in 2025 (was €27,749)
- Financial charges +€5,752
up €5,752 (+1074.7%), from €535 to €6,288
- Financial income +€1,832
up €1,832 (+257.6%), from €711 to €2,543
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,517 | €301,418 | +€85,901 | +39.9% |
| Fixed assets | 21/28 | €46,002 | €210,859 | +€164,857 | +358.4% |
| Tangible fixed assets | 22/27 | €46,002 | €210,859 | +€164,857 | +358.4% |
| Land and buildings | 22 | - | €181,168 | +€181,168 | |
| Plant, machinery and equipment | 23 | €41,230 | €25,161 | -€16,069 | -39.0% |
| Furniture and vehicles | 24 | €4,772 | €4,530 | -€242 | -5.1% |
| Current assets | 29/58 | €169,515 | €90,559 | -€78,956 | -46.6% |
| Amounts receivable within one year | 40/41 | €135,729 | €80,894 | -€54,835 | -40.4% |
| Trade receivables | 40 | €59,713 | €37,252 | -€22,461 | -37.6% |
| Other amounts receivable | 41 | €76,016 | €43,642 | -€32,374 | -42.6% |
| Cash at bank and in hand | 54/58 | €31,851 | €8,852 | -€22,999 | -72.2% |
| Deferred charges and accrued income | 490/1 | €1,936 | €813 | -€1,122 | -58.0% |
| Total equity and liabilities | 10/49 | €215,517 | €301,418 | +€85,901 | +39.9% |
| Equity | 10/15 | €105,411 | €99,073 | -€6,338 | -6.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,411 | €97,073 | -€6,338 | -6.1% |
| Amounts payable | 17/49 | €110,106 | €202,345 | +€92,239 | +83.8% |
| Amounts payable after more than one year | 17 | €27,695 | €155,024 | +€127,328 | +459.8% |
| Financial debts | 170/4 | €27,695 | €155,024 | +€127,328 | +459.8% |
| Amounts payable within one year | 42/48 | €82,411 | €47,322 | -€35,089 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €8,664 | €16,489 | +€7,825 | +90.3% |
| Trade debts | 44 | €45,998 | €25,222 | -€20,776 | -45.2% |
| Suppliers | 440/4 | €45,998 | €25,222 | -€20,776 | -45.2% |
| Advances received on contracts in progress | 46 | - | €5,213 | +€5,213 | |
| Taxes, remuneration and social security | 45 | €27,749 | €398 | -€27,351 | -98.6% |
| Taxes | 450/3 | €27,749 | €398 | -€27,351 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,817 | €50,514 | +€40,697 | +414.6% |
| Other operating charges | 640/8 | €829 | €879 | +€50 | +6.1% |
| Gross operating margin | 9900 | €141,629 | €48,799 | -€92,830 | -65.5% |
| Operating profit (loss) | 9901 | €130,983 | -€2,594 | -€133,577 | |
| Financial income | 75/76B | €711 | €2,543 | +€1,832 | +257.6% |
| Recurring financial income | 75 | €711 | €2,543 | +€1,832 | +257.6% |
| Financial charges | 65/66B | €535 | €6,288 | +€5,752 | +1074.7% |
| Recurring financial charges | 65 | €535 | €6,288 | +€5,752 | +1074.7% |
| Profit (loss) for the period before taxes | 9903 | €131,159 | -€6,338 | -€137,497 | |
| Income taxes | 67/77 | €27,749 | - | -€27,749 | |
| Profit (loss) for the period | 9904 | €103,411 | -€6,338 | -€109,749 | |
| Profit (loss) for the period to be appropriated | 9905 | €103,411 | -€6,338 | -€109,749 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.