RENOVO 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.
RENOVO CONSTRUCT
Largest movements
- Receivables within one year +€49,113
up €49,113 (+77.8%), from €63,163 to €112,276
of which Trade receivables: +€40,499
- Tangible fixed assets -€34,286
down €34,286 (-34.0%), from €100,906 to €66,620
of which Furniture and vehicles: -€30,297
- Cash +€6,175
up €6,175 (+72.4%), from €8,525 to €14,700
mainly Depreciation (+€24,331) and Trade debts (+€20,550)
- Intangible fixed assets -€2,960
down €2,960 (-41.1%), from €7,195 to €4,235
- Trade debts +€20,550
up €20,550 (+62.9%), from €32,689 to €53,239
- Debts after one year -€14,621
down €14,621 (-13.6%), from €107,269 to €92,648
of which Financial debts: -€14,621
- Other debts +€9,545
up €9,545 (+551.4%), from €1,731 to €11,276
- Staff costs -€9,457
down €9,457 (-18.1%), from €52,280 to €42,823
- Gross operating margin +€5,011
up €5,011 (+6.0%), from €83,023 to €88,034
- Depreciation -€3,573
down €3,573 (-12.8%), from €27,904 to €24,331
- Taxes +€1,397
up €1,397, from -€672 to €725
- Financial charges +€1,065
up €1,065 (+40.7%), from €2,619 to €3,684
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 | €223,013 | €241,082 | +€18,069 | +8.1% |
| Fixed assets | 21/28 | €108,361 | €71,115 | -€37,246 | -34.4% |
| Intangible fixed assets | 21 | €7,195 | €4,235 | -€2,960 | -41.1% |
| Tangible fixed assets | 22/27 | €100,906 | €66,620 | -€34,286 | -34.0% |
| Plant, machinery and equipment | 23 | €4,882 | €2,935 | -€1,947 | -39.9% |
| Furniture and vehicles | 24 | €80,758 | €50,461 | -€30,297 | -37.5% |
| Other tangible fixed assets | 26 | €15,266 | €13,224 | -€2,042 | -13.4% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €114,652 | €169,967 | +€55,315 | +48.2% |
| Amounts receivable after more than one year | 29 | €21,000 | €21,000 | = | 0.0% |
| Other amounts receivable | 291 | €21,000 | €21,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €13,569 | €13,569 | = | 0.0% |
| Stocks | 30/36 | €3,794 | €3,794 | = | 0.0% |
| Contracts in progress | 37 | €9,775 | €9,775 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €63,163 | €112,276 | +€49,113 | +77.8% |
| Trade receivables | 40 | €12,118 | €52,617 | +€40,499 | +334.2% |
| Other amounts receivable | 41 | €51,045 | €59,659 | +€8,614 | +16.9% |
| Cash at bank and in hand | 54/58 | €8,525 | €14,700 | +€6,175 | +72.4% |
| Deferred charges and accrued income | 490/1 | €8,395 | €8,422 | +€27 | +0.3% |
| Total equity and liabilities | 10/49 | €223,013 | €241,082 | +€18,069 | +8.1% |
| Equity | 10/15 | €66,562 | €67,656 | +€1,094 | +1.6% |
| 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 | €46,102 | €47,196 | +€1,094 | +2.4% |
| Amounts payable | 17/49 | €156,451 | €173,426 | +€16,975 | +10.9% |
| Amounts payable after more than one year | 17 | €107,269 | €92,648 | -€14,621 | -13.6% |
| Financial debts | 170/4 | €57,269 | €42,648 | -€14,621 | -25.5% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,182 | €80,778 | +€31,596 | +64.2% |
| Current portion of amounts payable after more than one year | 42 | €2,828 | €3,470 | +€642 | +22.7% |
| Trade debts | 44 | €32,689 | €53,239 | +€20,550 | +62.9% |
| Suppliers | 440/4 | €32,689 | €53,239 | +€20,550 | +62.9% |
| Taxes, remuneration and social security | 45 | €11,934 | €12,793 | +€859 | +7.2% |
| Taxes | 450/3 | €10,234 | €5,988 | -€4,246 | -41.5% |
| Remuneration and social security | 454/9 | €1,700 | €6,805 | +€5,105 | +300.3% |
| Other amounts payable | 47/48 | €1,731 | €11,276 | +€9,545 | +551.4% |
| Remuneration, social security and pensions | 62 | €52,280 | €42,823 | -€9,457 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,904 | €24,331 | -€3,573 | -12.8% |
| Other operating charges | 640/8 | €690 | €1,251 | +€561 | +81.3% |
| Non-recurring operating charges | 66A | - | €14,127 | +€14,127 | |
| Gross operating margin | 9900 | €83,023 | €88,034 | +€5,011 | +6.0% |
| Operating profit (loss) | 9901 | €2,149 | €5,502 | +€3,353 | +156.0% |
| Financial income | 75/76B | €159 | - | -€159 | |
| Recurring financial income | 75 | €159 | - | -€159 | |
| Financial charges | 65/66B | €2,619 | €3,684 | +€1,065 | +40.7% |
| Recurring financial charges | 65 | €2,619 | €3,684 | +€1,065 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | -€311 | €1,818 | +€2,129 | |
| Income taxes | 67/77 | -€672 | €725 | +€1,397 | |
| Profit (loss) for the period | 9904 | €361 | €1,093 | +€732 | +202.8% |
| Profit (loss) for the period to be appropriated | 9905 | €361 | €1,093 | +€732 | +202.8% |
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 8 October 2026 via checked.be.