Renovalck: 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.
Renovalck
Largest movements
- Receivables within one year +€61,931
up €61,931 (+63.1%), from €98,193 to €160,124
of which Other amounts receivable: +€53,032
- Cash -€5,771
down €5,771 (-80.1%), from €7,208 to €1,437
mainly Receivables within one year (-€61,931) and Investment in fixed assets (net) (-€2,954)
- Reserves +€36,505
up €36,505 (+44.3%), from €82,464 to €118,969
- Tax, wage and social debts +€11,478
up €11,478 (+37.3%), from €30,806 to €42,284
- Trade debts +€8,903
new in 2024: €8,903
- Gross operating margin -€62,997
down €62,997 (-56.2%), from €112,082 to €49,085
- Taxes -€14,621
down €14,621 (-51.4%), from €28,453 to €13,832
- Financial income +€3,230
up €3,230 (+135%), from €2,399 to €5,629
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.
Derived cash bridge
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 | €115,770 | €172,656 | +€56,887 | +49.1% |
| Fixed assets | 21/28 | €10,369 | €11,095 | +€727 | +7.0% |
| Tangible fixed assets | 22/27 | €5,204 | €5,931 | +€727 | +14.0% |
| Plant, machinery and equipment | 23 | €2,827 | €3,626 | +€799 | +28.3% |
| Furniture and vehicles | 24 | €2,377 | €2,305 | -€72 | -3.0% |
| Financial fixed assets | 28 | €5,165 | €5,165 | = | 0.0% |
| Current assets | 29/58 | €105,401 | €161,561 | +€56,160 | +53.3% |
| Amounts receivable within one year | 40/41 | €98,193 | €160,124 | +€61,931 | +63.1% |
| Trade receivables | 40 | €25,755 | €34,654 | +€8,900 | +34.6% |
| Other amounts receivable | 41 | €72,438 | €125,470 | +€53,032 | +73.2% |
| Cash at bank and in hand | 54/58 | €7,208 | €1,437 | -€5,771 | -80.1% |
| Total equity and liabilities | 10/49 | €115,770 | €172,656 | +€56,887 | +49.1% |
| Equity | 10/15 | €84,964 | €121,469 | +€36,505 | +43.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €82,464 | €118,969 | +€36,505 | +44.3% |
| Distributable reserves | 133 | €82,464 | €118,969 | +€36,505 | +44.3% |
| Amounts payable | 17/49 | €30,806 | €51,188 | +€20,382 | +66.2% |
| Amounts payable within one year | 42/48 | €30,806 | €51,188 | +€20,382 | +66.2% |
| Trade debts | 44 | - | €8,903 | +€8,903 | |
| Suppliers | 440/4 | - | €8,903 | +€8,903 | |
| Taxes, remuneration and social security | 45 | €30,806 | €42,284 | +€11,478 | +37.3% |
| Taxes | 450/3 | €30,806 | €42,284 | +€11,478 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,298 | €2,228 | +€930 | +71.7% |
| Other operating charges | 640/8 | €1,247 | €1,198 | -€49 | -3.9% |
| Gross operating margin | 9900 | €112,082 | €49,085 | -€62,997 | -56.2% |
| Operating profit (loss) | 9901 | €109,538 | €45,659 | -€63,878 | -58.3% |
| Financial income | 75/76B | €2,399 | €5,629 | +€3,230 | +135% |
| Recurring financial income | 75 | €2,399 | €5,629 | +€3,230 | +135% |
| Financial charges | 65/66B | €1,021 | €952 | -€69 | -6.7% |
| Recurring financial charges | 65 | €1,021 | €952 | -€69 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €110,916 | €50,337 | -€60,580 | -54.6% |
| Income taxes | 67/77 | €28,453 | €13,832 | -€14,621 | -51.4% |
| Profit (loss) for the period | 9904 | €82,464 | €36,505 | -€45,959 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €82,464 | €36,505 | -€45,959 | -55.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.