Renovate: 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.
Renovate
Largest movements
- Stocks and contracts +€2,895
up €2,895 (+1.3%), from €228,489 to €231,385
- Other debts +€10,000
up €10,000 (+50.0%), from €20,000 to €30,000
- Profit (loss) carried forward -€6,580
down €6,580 (-32.8%), from -€20,087 to -€26,667
- Accrued charges and deferred income +€3,308
up €3,308 (+22.9%), from €14,444 to €17,752
- Trade debts -€2,402
down €2,402 (-100%), from €2,402 to €0
- Gross operating margin +€1,180
up €1,180 (+31.4%), from -€3,762 to -€2,582
- Financial charges +€233
up €233 (+7.2%), from €3,245 to €3,478
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 | €232,160 | €236,487 | +€4,326 | +1.9% |
| Current assets | 29/58 | €232,160 | €236,487 | +€4,326 | +1.9% |
| Stocks and contracts in progress | 3 | €228,489 | €231,385 | +€2,895 | +1.3% |
| Stocks | 30/36 | €228,489 | €231,385 | +€2,895 | +1.3% |
| Cash at bank and in hand | 54/58 | €3,671 | €5,102 | +€1,431 | +39.0% |
| Total equity and liabilities | 10/49 | €232,160 | €236,487 | +€4,326 | +1.9% |
| Equity | 10/15 | €55,315 | €48,735 | -€6,580 | -11.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €402 | €402 | = | 0.0% |
| Distributable reserves | 133 | €402 | €402 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,087 | -€26,667 | -€6,580 | -32.8% |
| Amounts payable | 17/49 | €176,846 | €187,752 | +€10,906 | +6.2% |
| Amounts payable after more than one year | 17 | €140,000 | €140,000 | = | 0.0% |
| Financial debts | 170/4 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,402 | €30,000 | +€7,598 | +33.9% |
| Trade debts | 44 | €2,402 | €0 | -€2,402 | -100% |
| Suppliers | 440/4 | €2,402 | €0 | -€2,402 | -100% |
| Other amounts payable | 47/48 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Accrued charges and deferred income | 492/3 | €14,444 | €17,752 | +€3,308 | +22.9% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€3,762 | -€2,582 | +€1,180 | +31.4% |
| Operating profit (loss) | 9901 | -€4,267 | -€3,102 | +€1,165 | +27.3% |
| Financial charges | 65/66B | €3,245 | €3,478 | +€233 | +7.2% |
| Recurring financial charges | 65 | €3,245 | €3,478 | +€233 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,512 | -€6,580 | +€933 | +12.4% |
| Profit (loss) for the period | 9904 | -€7,512 | -€6,580 | +€933 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,512 | -€6,580 | +€933 | +12.4% |
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 17 October 2026 via checked.be.