RENOVATION ET CONSTRUCTION: 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 ET CONSTRUCTION
Largest movements
- Receivables within one year -€2,000
down €2,000 (-12.9%), from €15,448 to €13,448
of which Trade receivables: -€1,895
- Other debts +€84,344
up €84,344 (+19.8%), from €426,617 to €510,961
- Short-term financial debts -€45,260
no longer reported in 2025 (was €45,260)
- Trade debts -€26,249
down €26,249 (-14.1%), from €186,120 to €159,871
- Profit (loss) carried forward -€10,404
down €10,404 (-1.6%), from -€654,947 to -€665,352
- Tax, wage and social debts -€4,399
no longer reported in 2025 (was €4,399)
- Financial charges -€2,420
down €2,420 (-39.9%), from €6,059 to €3,638
- Write-downs +€1,895
new in 2025: €1,895
- Gross operating margin +€396
up €396 (+8.4%), from -€4,724 to -€4,327
- Financial income -€344
no longer reported in 2025 (was €344)
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 | €15,509 | €13,541 | -€1,969 | -12.7% |
| Current assets | 29/58 | €15,509 | €13,541 | -€1,969 | -12.7% |
| Amounts receivable within one year | 40/41 | €15,448 | €13,448 | -€2,000 | -12.9% |
| Trade receivables | 40 | €1,895 | - | -€1,895 | |
| Other amounts receivable | 41 | €13,553 | €13,448 | -€105 | -0.8% |
| Cash at bank and in hand | 54/58 | €62 | €93 | +€31 | +50.9% |
| Total equity and liabilities | 10/49 | €15,509 | €13,541 | -€1,969 | -12.7% |
| Equity | 10/15 | -€646,887 | -€657,292 | -€10,404 | -1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€654,947 | -€665,352 | -€10,404 | -1.6% |
| Amounts payable | 17/49 | €662,397 | €670,832 | +€8,436 | +1.3% |
| Amounts payable within one year | 42/48 | €662,397 | €670,832 | +€8,436 | +1.3% |
| Financial debts | 43 | €45,260 | - | -€45,260 | |
| Credit institutions | 430/8 | €45,260 | - | -€45,260 | |
| Trade debts | 44 | €186,120 | €159,871 | -€26,249 | -14.1% |
| Suppliers | 440/4 | €186,120 | €159,871 | -€26,249 | -14.1% |
| Taxes, remuneration and social security | 45 | €4,399 | - | -€4,399 | |
| Taxes | 450/3 | €4,399 | - | -€4,399 | |
| Other amounts payable | 47/48 | €426,617 | €510,961 | +€84,344 | +19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,895 | +€1,895 | |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€4,724 | -€4,327 | +€396 | +8.4% |
| Operating profit (loss) | 9901 | -€5,252 | -€6,766 | -€1,514 | -28.8% |
| Financial income | 75/76B | €344 | - | -€344 | |
| Recurring financial income | 75 | €344 | - | -€344 | |
| Financial charges | 65/66B | €6,059 | €3,638 | -€2,420 | -39.9% |
| Recurring financial charges | 65 | €6,059 | €3,638 | -€2,420 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,966 | -€10,404 | +€562 | +5.1% |
| Profit (loss) for the period | 9904 | -€10,966 | -€10,404 | +€562 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,966 | -€10,404 | +€562 | +5.1% |
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 25 October 2026 via checked.be.