RENOVATION GROUPS: 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.
RENOVATION GROUPS
Largest movements
- Stocks and contracts -€20,000
down €20,000 (-26.8%), from €74,750 to €54,750
- Receivables within one year +€20,000
up €20,000 (+5037.4%), from €397 to €20,397
of which Trade receivables: +€20,000
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€3,519
no longer reported in 2024 (was €3,519)
- Depreciation -€2,251
no longer reported in 2024 (was €2,251)
- Financial charges +€86
up €86 (+156.4%), from €55 to €140
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 | €82,070 | €82,268 | +€198 | +0.2% |
| Fixed assets | 21/28 | €6,754 | €6,754 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,754 | €6,754 | = | 0.0% |
| Plant, machinery and equipment | 23 | €6,754 | €6,754 | = | 0.0% |
| Current assets | 29/58 | €75,317 | €75,515 | +€198 | +0.3% |
| Stocks and contracts in progress | 3 | €74,750 | €54,750 | -€20,000 | -26.8% |
| Stocks | 30/36 | €74,750 | €54,750 | -€20,000 | -26.8% |
| Amounts receivable within one year | 40/41 | €397 | €20,397 | +€20,000 | +5037.4% |
| Trade receivables | 40 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 41 | €397 | €397 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €170 | €368 | +€198 | +116.8% |
| Total equity and liabilities | 10/49 | €82,070 | €82,268 | +€198 | +0.2% |
| Equity | 10/15 | €5,149 | €5,009 | -€140 | -2.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,149 | €3,009 | -€140 | -4.5% |
| Amounts payable | 17/49 | €76,921 | €77,260 | +€338 | +0.4% |
| Amounts payable within one year | 42/48 | €76,921 | €77,260 | +€338 | +0.4% |
| Financial debts | 43 | €62 | €62 | = | 0.0% |
| Credit institutions | 430/8 | €62 | €62 | = | 0.0% |
| Trade debts | 44 | €56,353 | €56,283 | -€70 | -0.1% |
| Suppliers | 440/4 | €56,353 | €56,283 | -€70 | -0.1% |
| Other amounts payable | 47/48 | €20,506 | €20,915 | +€408 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,251 | - | -€2,251 | |
| Gross operating margin | 9900 | €3,519 | - | -€3,519 | |
| Operating profit (loss) | 9901 | €1,267 | - | -€1,267 | |
| Financial charges | 65/66B | €55 | €140 | +€86 | +156.4% |
| Recurring financial charges | 65 | €55 | €140 | +€86 | +156.4% |
| Profit (loss) for the period before taxes | 9903 | €1,213 | -€140 | -€1,353 | |
| Profit (loss) for the period | 9904 | €1,213 | -€140 | -€1,353 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,213 | -€140 | -€1,353 |
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 5 October 2026 via checked.be.