RENOVEN 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.
RENOVEN CONSTRUCT
Largest movements
- Receivables within one year +€75,093
up €75,093 (+96.6%), from €77,747 to €152,840
of which Trade receivables: +€72,641
- Deferred charges and accrued income +€33,855
new in 2025: €33,855
- Cash +€24,066
up €24,066 (+1002.4%), from €2,401 to €26,467
mainly Trade debts (+€115,941) and Net result for the year (+€26,962)
- Trade debts +€115,941
up €115,941 (+383.6%), from €30,226 to €146,168
- Profit (loss) carried forward +€26,962
up €26,962 (+137.6%), from €19,600 to €46,562
- Other debts -€13,524
down €13,524 (-49.2%), from €27,509 to €13,985
- Tax, wage and social debts +€3,399
up €3,399 (+60.4%), from €5,632 to €9,031
of which Taxes: +€3,290
- Gross operating margin +€26,938
up €26,938 (+102.5%), from €26,280 to €53,218
- Staff costs +€14,498
new in 2025: €14,498
- Depreciation +€2,492
up €2,492 (+381.9%), from €653 to €3,145
- Other operating charges +€1,815
up €1,815 (+585.4%), from €310 to €2,126
- Taxes +€1,490
up €1,490 (+26.5%), from €5,632 to €7,122
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 | €83,967 | €216,746 | +€132,779 | +158.1% |
| Fixed assets | 21/28 | €3,820 | €3,584 | -€236 | -6.2% |
| Tangible fixed assets | 22/27 | €3,820 | €3,584 | -€236 | -6.2% |
| Plant, machinery and equipment | 23 | €3,820 | €3,584 | -€236 | -6.2% |
| Current assets | 29/58 | €80,147 | €213,162 | +€133,014 | +166.0% |
| Amounts receivable within one year | 40/41 | €77,747 | €152,840 | +€75,093 | +96.6% |
| Trade receivables | 40 | €74,780 | €147,421 | +€72,641 | +97.1% |
| Other amounts receivable | 41 | €2,967 | €5,419 | +€2,452 | +82.7% |
| Cash at bank and in hand | 54/58 | €2,401 | €26,467 | +€24,066 | +1002.4% |
| Deferred charges and accrued income | 490/1 | - | €33,855 | +€33,855 | |
| Total equity and liabilities | 10/49 | €83,967 | €216,746 | +€132,779 | +158.1% |
| Equity | 10/15 | €20,600 | €47,562 | +€26,962 | +130.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,600 | €46,562 | +€26,962 | +137.6% |
| Amounts payable | 17/49 | €63,367 | €169,184 | +€105,816 | +167.0% |
| Amounts payable within one year | 42/48 | €63,367 | €169,184 | +€105,816 | +167.0% |
| Trade debts | 44 | €30,226 | €146,168 | +€115,941 | +383.6% |
| Suppliers | 440/4 | €30,226 | €146,168 | +€115,941 | +383.6% |
| Taxes, remuneration and social security | 45 | €5,632 | €9,031 | +€3,399 | +60.4% |
| Taxes | 450/3 | €5,632 | €8,922 | +€3,290 | +58.4% |
| Remuneration and social security | 454/9 | - | €109 | +€109 | |
| Other amounts payable | 47/48 | €27,509 | €13,985 | -€13,524 | -49.2% |
| Remuneration, social security and pensions | 62 | - | €14,498 | +€14,498 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €653 | €3,145 | +€2,492 | +381.9% |
| Other operating charges | 640/8 | €310 | €2,126 | +€1,815 | +585.4% |
| Gross operating margin | 9900 | €26,280 | €53,218 | +€26,938 | +102.5% |
| Operating profit (loss) | 9901 | €25,318 | €33,450 | +€8,132 | +32.1% |
| Financial income | 75/76B | - | €862 | +€862 | |
| Recurring financial income | 75 | - | €862 | +€862 | |
| Financial charges | 65/66B | €86 | €227 | +€142 | +165.1% |
| Recurring financial charges | 65 | €86 | €227 | +€142 | +165.1% |
| Profit (loss) for the period before taxes | 9903 | €25,232 | €34,084 | +€8,852 | +35.1% |
| Income taxes | 67/77 | €5,632 | €7,122 | +€1,490 | +26.5% |
| Profit (loss) for the period | 9904 | €19,600 | €26,962 | +€7,362 | +37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,600 | €26,962 | +€7,362 | +37.6% |
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 11 October 2026 via checked.be.