RENOVBIEN: 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.
What changed
RENOVBIEN
NACE 43.331, Floor and wall tiling
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,982
2024 · -€4,518+€9,500
Equity
€330,010
2024 · €326,233+€3,777
Cash
€111,625
2024 · €138,640-€27,015
Balance sheet total
€857,306
2024 · €830,606+€26,701
Largest movements
Assets
- Tangible fixed assets +€44,409
up €44,409 (+8.6%), from €515,355 to €559,764
of which Land and buildings: +€55,101
- Cash -€27,015
down €27,015 (-19.5%), from €138,640 to €111,625
mainly Investment in fixed assets (net) (-€65,068) and Receivables within one year (-€17,978)
- Receivables within one year +€17,978
up €17,978 (+11.5%), from €156,082 to €174,060
of which Other amounts receivable: +€20,302
Equity and liabilities
- Debts after one year +€31,534
up €31,534 (+10.7%), from €293,817 to €325,351
- Trade debts -€10,035
down €10,035 (-7.1%), from €140,467 to €130,432
Income statement
- Gross operating margin +€27,720
up €27,720 (+34.6%), from €80,159 to €107,879
- Financial charges +€11,968
up €11,968 (+276%), from €4,338 to €16,306
- Staff costs +€3,164
up €3,164 (+6.0%), from €52,827 to €55,991
- Financial income +€1,372
up €1,372 (+93.6%), from €1,465 to €2,837
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.
Result 2024
-€4,518
Gross operating margin
+€27,720
Staff costs
-€3,164
Depreciation
-€206
Other operating charges
-€254
Other operating items
-€5,632
Financial income
+€1,372
Financial charges
-€11,968
Taxes
-€130
Deferred taxes and other
+€1,762
Result 2025
€4,982
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€7,349
Investment
-€65,068
Financing
+€30,704
Cash 2024
€138,640
From operations (derived)
+€7,349
Net result for the year
+€4,982
Depreciation
+€20,659
Stocks and contracts
+€7,900
Receivables within one year
-€17,978
Deferred charges and accrued income
+€770
Provisions
-€557
Trade debts
-€10,035
Tax, wage and social debts
-€3,371
Other debts
-€3,360
Accrued charges and deferred income
+€8,337
Investment (derived)
-€65,068
Investment in fixed assets (net)
-€65,068
Financing
+€30,704
Debts after one year
+€31,534
Current portion of long-term debt
+€1,577
Short-term financial debts
-€1,202
Contributions, distributions and other
-€1,205
Cash 2025
€111,625
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €830,606 | €857,306 | +€26,701 | +3.2% |
| Fixed assets | 21/28 | €515,355 | €559,764 | +€44,409 | +8.6% |
| Tangible fixed assets | 22/27 | €515,355 | €559,764 | +€44,409 | +8.6% |
| Land and buildings | 22 | €495,144 | €550,245 | +€55,101 | +11.1% |
| Plant, machinery and equipment | 23 | €588 | €166 | -€422 | -71.7% |
| Furniture and vehicles | 24 | €19,623 | €9,352 | -€10,271 | -52.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €315,251 | €297,543 | -€17,708 | -5.6% |
| Stocks and contracts in progress | 3 | €15,400 | €7,500 | -€7,900 | -51.3% |
| Stocks | 30/36 | €15,400 | €7,500 | -€7,900 | -51.3% |
| Amounts receivable within one year | 40/41 | €156,082 | €174,060 | +€17,978 | +11.5% |
| Trade receivables | 40 | €119,456 | €117,131 | -€2,325 | -1.9% |
| Other amounts receivable | 41 | €36,626 | €56,929 | +€20,302 | +55.4% |
| Cash at bank and in hand | 54/58 | €138,640 | €111,625 | -€27,015 | -19.5% |
| Deferred charges and accrued income | 490/1 | €5,129 | €4,358 | -€770 | -15.0% |
| Total equity and liabilities | 10/49 | €830,606 | €857,306 | +€26,701 | +3.2% |
| Equity | 10/15 | €326,233 | €330,010 | +€3,777 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €202,637 | €200,410 | -€2,227 | -1.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €114,751 | €112,524 | -€2,227 | -1.9% |
| Distributable reserves | 133 | €87,886 | €87,886 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,396 | €123,401 | +€6,004 | +5.1% |
| Provisions and deferred taxes | 16 | €28,688 | €28,131 | -€557 | -1.9% |
| Deferred taxes | 168 | €28,688 | €28,131 | -€557 | -1.9% |
| Amounts payable | 17/49 | €475,685 | €499,165 | +€23,480 | +4.9% |
| Amounts payable after more than one year | 17 | €293,817 | €325,351 | +€31,534 | +10.7% |
| Financial debts | 170/4 | €293,817 | €325,351 | +€31,534 | +10.7% |
| Amounts payable within one year | 42/48 | €181,868 | €165,477 | -€16,390 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €13,889 | €15,466 | +€1,577 | +11.4% |
| Financial debts | 43 | €1,202 | €0 | -€1,202 | -100% |
| Credit institutions | 430/8 | €1,202 | €0 | -€1,202 | -100% |
| Trade debts | 44 | €140,467 | €130,432 | -€10,035 | -7.1% |
| Suppliers | 440/4 | €140,467 | €130,432 | -€10,035 | -7.1% |
| Taxes, remuneration and social security | 45 | €22,950 | €19,579 | -€3,371 | -14.7% |
| Taxes | 450/3 | €10,726 | €3,570 | -€7,156 | -66.7% |
| Remuneration and social security | 454/9 | €12,224 | €16,009 | +€3,785 | +31.0% |
| Other amounts payable | 47/48 | €3,360 | €0 | -€3,360 | -100% |
| Accrued charges and deferred income | 492/3 | - | €8,337 | +€8,337 | |
| Non-recurring operating income | 76A | €3,986 | €0 | -€3,986 | -100% |
| Remuneration, social security and pensions | 62 | €52,827 | €55,991 | +€3,164 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,453 | €20,659 | +€206 | +1.0% |
| Other operating charges | 640/8 | €5,585 | €5,839 | +€254 | +4.6% |
| Non-recurring operating charges | 66A | - | €5,632 | +€5,632 | |
| Gross operating margin | 9900 | €80,159 | €107,879 | +€27,720 | +34.6% |
| Operating profit (loss) | 9901 | €1,295 | €19,759 | +€18,464 | +1,426% |
| Financial income | 75/76B | €1,465 | €2,837 | +€1,372 | +93.6% |
| Recurring financial income | 75 | €1,465 | €2,837 | +€1,372 | +93.6% |
| Financial charges | 65/66B | €4,338 | €16,306 | +€11,968 | +276% |
| Recurring financial charges | 65 | €4,338 | €16,306 | +€11,968 | +276% |
| Profit (loss) for the period before taxes | 9903 | -€1,578 | €6,290 | +€7,868 | |
| Transfer from deferred taxes | 780 | €0 | €1,762 | +€1,762 | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €2,940 | €3,070 | +€130 | +4.4% |
| Profit (loss) for the period | 9904 | -€4,518 | €4,982 | +€9,500 | |
| Transfer from tax-exempt reserves | 789 | €6,026 | €1,022 | -€5,005 | -83.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €1,509 | €6,004 | +€4,496 | +298% |
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 27 October 2026 via checked.be.