RENOVATIONS DS: 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.
RENOVATIONS DS
Largest movements
- Financial fixed assets -€1,770
no longer reported in 2025 (was €1,770)
- Receivables within one year +€803
up €803 (+57.9%), from €1,386 to €2,189
of which Trade receivables: +€860
- Cash -€789
down €789 (-86.7%), from €910 to €121
mainly Net result for the year (-€1,290) and Other debts (-€939)
- Deferred charges and accrued income -€420
no longer reported in 2025 (was €420)
- Profit (loss) carried forward -€1,290
down €1,290 (-67.6%), from -€1,909 to -€3,199
- Other debts -€939
down €939 (-45.3%), from €2,070 to €1,131
- Trade debts +€569
up €569 (+235%), from €242 to €811
- Tax, wage and social debts -€517
down €517 (-47.7%), from €1,083 to €566
- Gross operating margin +€632
up €632 (+36.3%), from -€1,739 to -€1,107
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 | €4,486 | €2,310 | -€2,176 | -48.5% |
| Fixed assets | 21/28 | €1,770 | - | -€1,770 | |
| Financial fixed assets | 28 | €1,770 | - | -€1,770 | |
| Current assets | 29/58 | €2,716 | €2,310 | -€406 | -15.0% |
| Amounts receivable within one year | 40/41 | €1,386 | €2,189 | +€803 | +57.9% |
| Trade receivables | 40 | €1,330 | €2,189 | +€860 | +64.6% |
| Other amounts receivable | 41 | €57 | - | -€57 | |
| Cash at bank and in hand | 54/58 | €910 | €121 | -€789 | -86.7% |
| Deferred charges and accrued income | 490/1 | €420 | - | -€420 | |
| Total equity and liabilities | 10/49 | €4,486 | €2,310 | -€2,176 | -48.5% |
| Equity | 10/15 | €1,091 | -€199 | -€1,290 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,909 | -€3,199 | -€1,290 | -67.6% |
| Amounts payable | 17/49 | €3,395 | €2,509 | -€886 | -26.1% |
| Amounts payable within one year | 42/48 | €3,395 | €2,509 | -€886 | -26.1% |
| Trade debts | 44 | €242 | €811 | +€569 | +235% |
| Suppliers | 440/4 | €242 | €811 | +€569 | +235% |
| Taxes, remuneration and social security | 45 | €1,083 | €566 | -€517 | -47.7% |
| Taxes | 450/3 | €1,083 | €566 | -€517 | -47.7% |
| Other amounts payable | 47/48 | €2,070 | €1,131 | -€939 | -45.3% |
| Gross operating margin | 9900 | -€1,739 | -€1,107 | +€632 | +36.3% |
| Operating profit (loss) | 9901 | -€1,739 | -€1,107 | +€632 | +36.3% |
| Financial charges | 65/66B | €170 | €183 | +€13 | +7.8% |
| Recurring financial charges | 65 | €170 | €183 | +€13 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,909 | -€1,290 | +€619 | +32.4% |
| Profit (loss) for the period | 9904 | -€1,909 | -€1,290 | +€619 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,909 | -€1,290 | +€619 | +32.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 11 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.