RENOVATION SO: 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 SO
Largest movements
- Receivables within one year +€13,098
up €13,098 (+11,369%), from €115 to €13,213
of which Other amounts receivable: +€8,523
- Cash -€12,693
down €12,693 (-86.7%), from €14,642 to €1,949
mainly Receivables within one year (-€13,098)
- Profit (loss) carried forward +€324
up €324 (+3.2%), from €10,206 to €10,530
- Gross operating margin -€12,064
down €12,064 (-91.3%), from €13,220 to €1,156
- Taxes -€2,471
down €2,471 (-96.8%), from €2,551 to €81
- Other operating charges +€214
up €214 (+55.2%), from €387 to €601
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 | €14,757 | €15,162 | +€405 | +2.7% |
| Current assets | 29/58 | €14,757 | €15,162 | +€405 | +2.7% |
| Amounts receivable within one year | 40/41 | €115 | €13,213 | +€13,098 | +11,369% |
| Trade receivables | 40 | - | €4,574 | +€4,574 | |
| Other amounts receivable | 41 | €115 | €8,638 | +€8,523 | +7,399% |
| Cash at bank and in hand | 54/58 | €14,642 | €1,949 | -€12,693 | -86.7% |
| Total equity and liabilities | 10/49 | €14,757 | €15,162 | +€405 | +2.7% |
| Equity | 10/15 | €12,206 | €12,530 | +€324 | +2.7% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,206 | €10,530 | +€324 | +3.2% |
| Amounts payable | 17/49 | €2,551 | €2,632 | +€81 | +3.2% |
| Amounts payable within one year | 42/48 | €2,551 | €2,632 | +€81 | +3.2% |
| Taxes, remuneration and social security | 45 | €2,551 | €2,632 | +€81 | +3.2% |
| Taxes | 450/3 | €2,551 | €2,632 | +€81 | +3.2% |
| Other operating charges | 640/8 | €387 | €601 | +€214 | +55.2% |
| Gross operating margin | 9900 | €13,220 | €1,156 | -€12,064 | -91.3% |
| Operating profit (loss) | 9901 | €12,832 | €555 | -€12,278 | -95.7% |
| Financial charges | 65/66B | €75 | €150 | +€75 | +100% |
| Recurring financial charges | 65 | €75 | €150 | +€75 | +100% |
| Profit (loss) for the period before taxes | 9903 | €12,757 | €405 | -€12,353 | -96.8% |
| Income taxes | 67/77 | €2,551 | €81 | -€2,471 | -96.8% |
| Profit (loss) for the period | 9904 | €10,206 | €324 | -€9,882 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,206 | €324 | -€9,882 | -96.8% |
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 26 October 2026 via checked.be.