RENOVATION DESIGN: 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.
RENOVATION DESIGN
Largest movements
- Cash +€32,749
up €32,749 (+149%), from €21,935 to €54,684
mainly Trade debts (+€32,948) and Net result for the year (+€5,020)
- Receivables after one year +€7,440
new in 2025: €7,440
- Receivables within one year -€2,696
down €2,696 (-2.9%), from €94,024 to €91,327
of which Trade receivables: -€26,948
- Trade debts +€32,948
new in 2025: €32,948
- Profit (loss) carried forward +€5,020
up €5,020 (+4.3%), from €116,521 to €121,541
- Gross operating margin -€72,481
down €72,481 (-66.5%), from €108,934 to €36,453
- Financial charges +€25,856
up €25,856 (+13,585%), from €190 to €26,046
of which Non-recurring financial charges: +€25,392
- Taxes +€1,838
new in 2025: €1,838
- Other operating charges +€1,165
up €1,165 (+267%), from €436 to €1,602
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 | €125,111 | €162,882 | +€37,771 | +30.2% |
| Fixed assets | 21/28 | €4,243 | €4,350 | +€107 | +2.5% |
| Tangible fixed assets | 22/27 | €4,243 | €4,350 | +€107 | +2.5% |
| Plant, machinery and equipment | 23 | €1,195 | €2,719 | +€1,524 | +128% |
| Furniture and vehicles | 24 | €3,048 | €1,631 | -€1,417 | -46.5% |
| Current assets | 29/58 | €120,868 | €158,532 | +€37,664 | +31.2% |
| Amounts receivable after more than one year | 29 | - | €7,440 | +€7,440 | |
| Other amounts receivable | 291 | - | €7,440 | +€7,440 | |
| Stocks and contracts in progress | 3 | €35 | €55 | +€20 | +57.1% |
| Stocks | 30/36 | €35 | €55 | +€20 | +57.1% |
| Amounts receivable within one year | 40/41 | €94,024 | €91,327 | -€2,696 | -2.9% |
| Trade receivables | 40 | €67,836 | €40,888 | -€26,948 | -39.7% |
| Other amounts receivable | 41 | €26,188 | €50,440 | +€24,252 | +92.6% |
| Cash at bank and in hand | 54/58 | €21,935 | €54,684 | +€32,749 | +149% |
| Deferred charges and accrued income | 490/1 | €4,874 | €5,025 | +€151 | +3.1% |
| Total equity and liabilities | 10/49 | €125,111 | €162,882 | +€37,771 | +30.2% |
| Equity | 10/15 | €124,265 | €129,284 | +€5,020 | +4.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €243 | €243 | = | 0.0% |
| Non-distributable reserves | 130/1 | €243 | €243 | = | 0.0% |
| Reserves not available under the articles | 1311 | €243 | €243 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,521 | €121,541 | +€5,020 | +4.3% |
| Amounts payable | 17/49 | €846 | €33,597 | +€32,751 | +3,870% |
| Amounts payable after more than one year | 17 | €846 | - | -€846 | |
| Other amounts payable | 178/9 | €846 | - | -€846 | |
| Amounts payable within one year | 42/48 | - | €33,597 | +€33,597 | |
| Trade debts | 44 | - | €32,948 | +€32,948 | |
| Suppliers | 440/4 | - | €32,948 | +€32,948 | |
| Taxes, remuneration and social security | 45 | - | €649 | +€649 | |
| Taxes | 450/3 | - | €649 | +€649 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,942 | €2,346 | +€404 | +20.8% |
| Other operating charges | 640/8 | €436 | €1,602 | +€1,165 | +267% |
| Gross operating margin | 9900 | €108,934 | €36,453 | -€72,481 | -66.5% |
| Operating profit (loss) | 9901 | €106,556 | €32,505 | -€74,051 | -69.5% |
| Financial income | 75/76B | €1 | €399 | +€398 | +59,469% |
| Recurring financial income | 75 | €1 | €399 | +€398 | +59,469% |
| Financial charges | 65/66B | €190 | €26,046 | +€25,856 | +13,585% |
| Recurring financial charges | 65 | €190 | €654 | +€464 | +244% |
| Non-recurring financial charges | 66B | - | €25,392 | +€25,392 | |
| Profit (loss) for the period before taxes | 9903 | €106,366 | €6,858 | -€99,508 | -93.6% |
| Income taxes | 67/77 | - | €1,838 | +€1,838 | |
| Profit (loss) for the period | 9904 | €106,366 | €5,020 | -€101,347 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €106,366 | €5,020 | -€101,347 | -95.3% |
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 24 October 2026 via checked.be.