Renoval: 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.
Renoval
Largest movements
- Receivables within one year -€91,497
down €91,497 (-74.6%), from €122,663 to €31,166
of which Trade receivables: -€97,339
- Tangible fixed assets +€42,746
up €42,746 (+86.8%), from €49,237 to €91,983
of which Other tangible fixed assets: +€64,550
- Stocks and contracts -€8,563
down €8,563 (-100.0%), from €8,563 to €0
- Reserves -€40,869
down €40,869 (-37.9%), from €107,704 to €66,835
of which Distributable reserves: -€40,869
- Other debts -€25,099
down €25,099 (-94.8%), from €26,485 to €1,386
- Trade debts +€5,174
up €5,174 (+34.8%), from €14,852 to €20,026
- Gross operating margin -€23,975
down €23,975 (-1295.4%), from -€1,851 to -€25,826
- Depreciation -€5,911
down €5,911 (-30.4%), from €19,465 to €13,553
- Financial charges -€1,887
down €1,887 (-89.8%), from €2,100 to €213
- Other operating charges -€769
down €769 (-35.6%), from €2,162 to €1,393
- Staff costs -€603
down €603 (-100.0%), from €603 to €0
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.
Cash bridge derived
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 | €187,258 | €127,703 | -€59,555 | -31.8% |
| Fixed assets | 21/28 | €49,987 | €91,983 | +€41,996 | +84.0% |
| Tangible fixed assets | 22/27 | €49,237 | €91,983 | +€42,746 | +86.8% |
| Land and buildings | 22 | €11,614 | €0 | -€11,614 | -100.0% |
| Plant, machinery and equipment | 23 | €1,802 | €2,910 | +€1,108 | +61.5% |
| Furniture and vehicles | 24 | €35,821 | €24,524 | -€11,297 | -31.5% |
| Other tangible fixed assets | 26 | - | €64,550 | +€64,550 | |
| Financial fixed assets | 28 | €750 | €0 | -€750 | -100.0% |
| Current assets | 29/58 | €137,271 | €35,720 | -€101,551 | -74.0% |
| Stocks and contracts in progress | 3 | €8,563 | €0 | -€8,563 | -100.0% |
| Stocks | 30/36 | €8,563 | €0 | -€8,563 | -100.0% |
| Amounts receivable within one year | 40/41 | €122,663 | €31,166 | -€91,497 | -74.6% |
| Trade receivables | 40 | €119,492 | €22,154 | -€97,339 | -81.5% |
| Other amounts receivable | 41 | €3,171 | €9,013 | +€5,842 | +184.3% |
| Cash at bank and in hand | 54/58 | €3,019 | €1,332 | -€1,687 | -55.9% |
| Deferred charges and accrued income | 490/1 | €3,026 | €3,222 | +€196 | +6.5% |
| Total equity and liabilities | 10/49 | €187,258 | €127,703 | -€59,555 | -31.8% |
| Equity | 10/15 | €126,296 | €85,427 | -€40,869 | -32.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €107,704 | €66,835 | -€40,869 | -37.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €107,704 | €66,835 | -€40,869 | -37.9% |
| Amounts payable | 17/49 | €60,962 | €42,276 | -€18,686 | -30.7% |
| Amounts payable after more than one year | 17 | €16,000 | €16,000 | = | 0.0% |
| Financial debts | 170/4 | €16,000 | €16,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,765 | €26,276 | -€18,489 | -41.3% |
| Trade debts | 44 | €14,852 | €20,026 | +€5,174 | +34.8% |
| Suppliers | 440/4 | €14,852 | €20,026 | +€5,174 | +34.8% |
| Taxes, remuneration and social security | 45 | €3,428 | €4,864 | +€1,437 | +41.9% |
| Taxes | 450/3 | €3,428 | €4,864 | +€1,437 | +41.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €26,485 | €1,386 | -€25,099 | -94.8% |
| Accrued charges and deferred income | 492/3 | €198 | €0 | -€198 | -100.0% |
| Remuneration, social security and pensions | 62 | €603 | €0 | -€603 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,465 | €13,553 | -€5,911 | -30.4% |
| Other operating charges | 640/8 | €2,162 | €1,393 | -€769 | -35.6% |
| Gross operating margin | 9900 | -€1,851 | -€25,826 | -€23,975 | -1295.4% |
| Operating profit (loss) | 9901 | -€24,081 | -€40,772 | -€16,691 | -69.3% |
| Financial income | 75/76B | €357 | €256 | -€101 | -28.2% |
| Recurring financial income | 75 | €357 | €256 | -€101 | -28.2% |
| Financial charges | 65/66B | €2,100 | €213 | -€1,887 | -89.8% |
| Recurring financial charges | 65 | €2,100 | €213 | -€1,887 | -89.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,824 | -€40,729 | -€14,905 | -57.7% |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | -€25,956 | -€40,869 | -€14,913 | -57.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,956 | -€40,869 | -€14,913 | -57.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.