RENOVE & CONSTRUCT: 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.
RENOVE & CONSTRUCT
Largest movements
- Receivables within one year -€40,796
down €40,796 (-65.1%), from €62,646 to €21,850
of which Trade receivables: -€45,131
- Stocks and contracts -€16,500
no longer reported in 2025 (was €16,500)
- Tangible fixed assets -€11,528
down €11,528 (-96.3%), from €11,972 to €444
of which Leasing and similar rights: -€10,441
- Cash -€2,485
down €2,485 (-47.9%), from €5,188 to €2,703
mainly Net result for the year (-€35,458) and Other debts (-€20,181)
- Profit (loss) carried forward -€35,458
down €35,458 (-96.3%), from €36,833 to €1,375
- Other debts -€20,181
no longer reported in 2025 (was €20,181)
- Debts after one year -€5,757
no longer reported in 2025 (was €5,757)
- Current portion of long-term debt -€5,132
no longer reported in 2025 (was €5,132)
- Short-term financial debts -€3,367
down €3,367 (-80.4%), from €4,188 to €821
- Gross operating margin -€39,828
down €39,828, from €9,932 to -€29,897
- Depreciation -€6,152
down €6,152 (-80.7%), from €7,626 to €1,473
- Other operating charges +€2,812
up €2,812 (+4968.9%), from €57 to €2,869
- Taxes -€914
no longer reported in 2025 (was €914)
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.
Cash bridge derived
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 | €96,616 | €25,097 | -€71,520 | -74.0% |
| Fixed assets | 21/28 | €11,972 | €444 | -€11,528 | -96.3% |
| Tangible fixed assets | 22/27 | €11,972 | €444 | -€11,528 | -96.3% |
| Plant, machinery and equipment | 23 | €1,286 | €77 | -€1,208 | -94.0% |
| Furniture and vehicles | 24 | €245 | €367 | +€122 | +49.8% |
| Leasing and similar rights | 25 | €10,441 | - | -€10,441 | |
| Current assets | 29/58 | €84,644 | €24,652 | -€59,992 | -70.9% |
| Stocks and contracts in progress | 3 | €16,500 | - | -€16,500 | |
| Contracts in progress | 37 | €16,500 | - | -€16,500 | |
| Amounts receivable within one year | 40/41 | €62,646 | €21,850 | -€40,796 | -65.1% |
| Trade receivables | 40 | €59,064 | €13,933 | -€45,131 | -76.4% |
| Other amounts receivable | 41 | €3,582 | €7,917 | +€4,335 | +121.0% |
| Cash at bank and in hand | 54/58 | €5,188 | €2,703 | -€2,485 | -47.9% |
| Deferred charges and accrued income | 490/1 | €311 | €99 | -€211 | -68.1% |
| Total equity and liabilities | 10/49 | €96,616 | €25,097 | -€71,520 | -74.0% |
| Equity | 10/15 | €57,293 | €21,835 | -€35,458 | -61.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,833 | €1,375 | -€35,458 | -96.3% |
| Amounts payable | 17/49 | €39,323 | €3,262 | -€36,062 | -91.7% |
| Amounts payable after more than one year | 17 | €5,757 | - | -€5,757 | |
| Financial debts | 170/4 | €5,757 | - | -€5,757 | |
| Amounts payable within one year | 42/48 | €33,566 | €3,262 | -€30,304 | -90.3% |
| Current portion of amounts payable after more than one year | 42 | €5,132 | - | -€5,132 | |
| Financial debts | 43 | €4,188 | €821 | -€3,367 | -80.4% |
| Credit institutions | 430/8 | €4,188 | €821 | -€3,367 | -80.4% |
| Trade debts | 44 | €3,713 | €2,441 | -€1,272 | -34.3% |
| Suppliers | 440/4 | €3,713 | €2,441 | -€1,272 | -34.3% |
| Taxes, remuneration and social security | 45 | €352 | - | -€352 | |
| Taxes | 450/3 | €352 | - | -€352 | |
| Other amounts payable | 47/48 | €20,181 | - | -€20,181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,626 | €1,473 | -€6,152 | -80.7% |
| Other operating charges | 640/8 | €57 | €2,869 | +€2,812 | +4968.9% |
| Gross operating margin | 9900 | €9,932 | -€29,897 | -€39,828 | |
| Operating profit (loss) | 9901 | €2,250 | -€34,239 | -€36,488 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,229 | €1,220 | -€9 | -0.7% |
| Recurring financial charges | 65 | €1,229 | €1,220 | -€9 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €1,021 | -€35,458 | -€36,479 | |
| Income taxes | 67/77 | €914 | - | -€914 | |
| Profit (loss) for the period | 9904 | €107 | -€35,458 | -€35,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €107 | -€35,458 | -€35,565 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.