RENOVADECOR: 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.
RENOVADECOR
Largest movements
- Receivables within one year -€151,910
down €151,910 (-55.6%), from €273,118 to €121,209
of which Trade receivables: -€154,733
- Stocks and contracts +€72,429
up €72,429 (+687%), from €10,540 to €82,969
- Cash -€16,039
down €16,039 (-71.0%), from €22,575 to €6,536
mainly Net result for the year (-€121,371) and Stocks and contracts (-€72,429)
- Tangible fixed assets -€13,734
down €13,734 (-20.2%), from €68,079 to €54,345
of which Furniture and vehicles: -€8,217
- Deferred charges and accrued income -€5,472
down €5,472 (-26.9%), from €20,325 to €14,853
- Profit (loss) carried forward -€121,371
down €121,371, from €327 to -€121,044
- Trade debts +€29,511
up €29,511 (+55.6%), from €53,094 to €82,605
- Debts after one year -€13,642
down €13,642 (-26.0%), from €52,391 to €38,749
- Current portion of long-term debt -€9,157
down €9,157 (-40.2%), from €22,799 to €13,642
- Gross operating margin -€143,994
down €143,994 (-41.9%), from €343,904 to €199,910
- Taxes -€10,659
down €10,659 (-95.7%), from €11,135 to €476
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.
Derived cash bridge
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 | €394,788 | €280,062 | -€114,726 | -29.1% |
| Fixed assets | 21/28 | €68,229 | €54,495 | -€13,734 | -20.1% |
| Tangible fixed assets | 22/27 | €68,079 | €54,345 | -€13,734 | -20.2% |
| Land and buildings | 22 | €47,203 | €40,627 | -€6,576 | -13.9% |
| Plant, machinery and equipment | 23 | €2,930 | €3,990 | +€1,060 | +36.2% |
| Furniture and vehicles | 24 | €17,946 | €9,729 | -€8,217 | -45.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €326,559 | €225,566 | -€100,992 | -30.9% |
| Stocks and contracts in progress | 3 | €10,540 | €82,969 | +€72,429 | +687% |
| Stocks | 30/36 | €10,540 | €82,969 | +€72,429 | +687% |
| Amounts receivable within one year | 40/41 | €273,118 | €121,209 | -€151,910 | -55.6% |
| Trade receivables | 40 | €273,118 | €118,385 | -€154,733 | -56.7% |
| Other amounts receivable | 41 | - | €2,824 | +€2,824 | |
| Cash at bank and in hand | 54/58 | €22,575 | €6,536 | -€16,039 | -71.0% |
| Deferred charges and accrued income | 490/1 | €20,325 | €14,853 | -€5,472 | -26.9% |
| Total equity and liabilities | 10/49 | €394,788 | €280,062 | -€114,726 | -29.1% |
| Equity | 10/15 | €173,806 | €52,436 | -€121,371 | -69.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €165,419 | €165,419 | = | 0.0% |
| Distributable reserves | 133 | €165,419 | €165,419 | = | 0.0% |
| Profit (loss) carried forward | 14 | €327 | -€121,044 | -€121,371 | |
| Amounts payable | 17/49 | €220,981 | €227,626 | +€6,645 | +3.0% |
| Amounts payable after more than one year | 17 | €52,391 | €38,749 | -€13,642 | -26.0% |
| Financial debts | 170/4 | €52,391 | €38,749 | -€13,642 | -26.0% |
| Amounts payable within one year | 42/48 | €168,440 | €188,877 | +€20,437 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €22,799 | €13,642 | -€9,157 | -40.2% |
| Trade debts | 44 | €53,094 | €82,605 | +€29,511 | +55.6% |
| Suppliers | 440/4 | €53,094 | €82,605 | +€29,511 | +55.6% |
| Taxes, remuneration and social security | 45 | €29,805 | €26,253 | -€3,552 | -11.9% |
| Taxes | 450/3 | €16,452 | €8,123 | -€8,329 | -50.6% |
| Remuneration and social security | 454/9 | €13,353 | €18,130 | +€4,776 | +35.8% |
| Other amounts payable | 47/48 | €62,741 | €66,378 | +€3,637 | +5.8% |
| Accrued charges and deferred income | 492/3 | €151 | - | -€151 | |
| Non-recurring operating income | 76A | €1,459 | €16,775 | +€15,316 | +1,050% |
| Remuneration, social security and pensions | 62 | €289,208 | €286,246 | -€2,962 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,259 | €16,736 | +€1,477 | +9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,280 | +€1,280 | |
| Other operating charges | 640/8 | €5,657 | €4,302 | -€1,355 | -24.0% |
| Non-recurring operating charges | 66A | €991 | €4,456 | +€3,465 | +350% |
| Gross operating margin | 9900 | €343,904 | €199,910 | -€143,994 | -41.9% |
| Operating profit (loss) | 9901 | €32,789 | -€113,110 | -€145,899 | |
| Financial income | 75/76B | €160 | €101 | -€59 | -36.8% |
| Recurring financial income | 75 | €160 | €101 | -€59 | -36.8% |
| Financial charges | 65/66B | €7,596 | €7,886 | +€290 | +3.8% |
| Recurring financial charges | 65 | €7,596 | €7,886 | +€290 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €25,353 | -€120,895 | -€146,248 | |
| Income taxes | 67/77 | €11,135 | €476 | -€10,659 | -95.7% |
| Profit (loss) for the period | 9904 | €14,218 | -€121,371 | -€135,589 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,218 | -€121,371 | -€135,589 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.