RENOVE CONSTRUCT: 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.
RENOVE CONSTRUCT
Largest movements
- Receivables within one year +€51,640
up €51,640 (+42.8%), from €120,678 to €172,317
of which Trade receivables: +€52,456
- Tangible fixed assets -€30,714
down €30,714 (-7.6%), from €401,528 to €370,814
of which Land and buildings: -€18,389
- Cash +€6,509
up €6,509 (+149%), from €4,374 to €10,882
mainly Net result for the year (+€68,149) and Depreciation (+€30,714)
- Profit (loss) carried forward +€68,149
up €68,149 (+48.8%), from -€139,778 to -€71,628
- Debts after one year -€29,023
down €29,023 (-7.9%), from €366,303 to €337,280
of which Financial debts: -€29,023
- Other debts -€12,666
down €12,666 (-24.0%), from €52,759 to €40,093
- Gross operating margin +€112,515
up €112,515 (+982%), from €11,462 to €123,977
- Depreciation -€13,515
down €13,515 (-30.6%), from €44,229 to €30,714
- Other operating charges +€5,008
up €5,008 (+65.2%), from €7,679 to €12,687
- Financial charges +€4,534
up €4,534 (+58.5%), from €7,749 to €12,284
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.
Derived cash bridge
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 | €527,536 | €555,219 | +€27,683 | +5.2% |
| Fixed assets | 21/28 | €401,528 | €370,814 | -€30,714 | -7.6% |
| Tangible fixed assets | 22/27 | €401,528 | €370,814 | -€30,714 | -7.6% |
| Land and buildings | 22 | €213,967 | €195,578 | -€18,389 | -8.6% |
| Plant, machinery and equipment | 23 | €187,561 | €175,236 | -€12,325 | -6.6% |
| Current assets | 29/58 | €126,008 | €184,405 | +€58,397 | +46.3% |
| Amounts receivable within one year | 40/41 | €120,678 | €172,317 | +€51,640 | +42.8% |
| Trade receivables | 40 | €119,861 | €172,317 | +€52,456 | +43.8% |
| Other amounts receivable | 41 | €817 | - | -€817 | |
| Cash at bank and in hand | 54/58 | €4,374 | €10,882 | +€6,509 | +149% |
| Deferred charges and accrued income | 490/1 | €957 | €1,205 | +€249 | +26.0% |
| Total equity and liabilities | 10/49 | €527,536 | €555,219 | +€27,683 | +5.2% |
| Equity | 10/15 | -€39,992 | €28,157 | +€68,149 | |
| Contributions | 10/11 | €20,823 | €20,823 | = | 0.0% |
| Reserves | 13 | €78,963 | €78,963 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,082 | €2,082 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,082 | €2,082 | = | 0.0% |
| Distributable reserves | 133 | €76,880 | €76,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,778 | -€71,628 | +€68,149 | +48.8% |
| Amounts payable | 17/49 | €567,528 | €527,062 | -€40,466 | -7.1% |
| Amounts payable after more than one year | 17 | €366,303 | €337,280 | -€29,023 | -7.9% |
| Financial debts | 170/4 | €216,268 | €187,245 | -€29,023 | -13.4% |
| Other amounts payable | 178/9 | €150,035 | €150,035 | = | 0.0% |
| Amounts payable within one year | 42/48 | €201,225 | €189,782 | -€11,443 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €28,420 | €29,023 | +€603 | +2.1% |
| Trade debts | 44 | €116,548 | €118,519 | +€1,971 | +1.7% |
| Suppliers | 440/4 | €116,548 | €118,519 | +€1,971 | +1.7% |
| Taxes, remuneration and social security | 45 | €3,497 | €2,146 | -€1,351 | -38.6% |
| Taxes | 450/3 | €3,497 | €2,146 | -€1,351 | -38.6% |
| Other amounts payable | 47/48 | €52,759 | €40,093 | -€12,666 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,229 | €30,714 | -€13,515 | -30.6% |
| Other operating charges | 640/8 | €7,679 | €12,687 | +€5,008 | +65.2% |
| Gross operating margin | 9900 | €11,462 | €123,977 | +€112,515 | +982% |
| Operating profit (loss) | 9901 | -€40,446 | €80,576 | +€121,022 | |
| Financial charges | 65/66B | €7,749 | €12,284 | +€4,534 | +58.5% |
| Recurring financial charges | 65 | €7,749 | €12,284 | +€4,534 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | -€48,195 | €68,293 | +€116,488 | |
| Income taxes | 67/77 | €150 | €144 | -€6 | -4.2% |
| Profit (loss) for the period | 9904 | -€48,345 | €68,149 | +€116,494 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,345 | €68,149 | +€116,494 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.