RENOVRAZTIM: 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.
RENOVRAZTIM
Largest movements
- Cash +€10,783
up €10,783 (+360.9%), from €2,988 to €13,771
mainly Net result for the year (+€25,770) and Depreciation (+€13,889)
- Tangible fixed assets +€6,464
up €6,464 (+40.1%), from €16,113 to €22,577
- Receivables within one year -€1,358
down €1,358 (-25.8%), from €5,261 to €3,903
of which Other amounts receivable: -€5,026
- Profit (loss) carried forward +€25,770
up €25,770 (+4026.2%), from €640 to €26,410
- Advances received -€17,820
no longer reported in 2022 (was €17,820)
- Trade debts +€6,669
up €6,669 (+1053.9%), from €633 to €7,302
- Other debts +€1,270
new in 2022: €1,270
- Gross operating margin +€31,355
up €31,355 (+326.6%), from €9,600 to €40,954
- Depreciation +€6,480
up €6,480 (+87.5%), from €7,409 to €13,889
- Other operating charges -€1,167
down €1,167 (-76.5%), from €1,525 to €358
- Taxes +€580
new in 2022: €580
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,587 | €40,477 | +€15,890 | +64.6% |
| Fixed assets | 21/28 | €16,338 | €22,802 | +€6,464 | +39.6% |
| Tangible fixed assets | 22/27 | €16,113 | €22,577 | +€6,464 | +40.1% |
| Furniture and vehicles | 24 | €16,113 | €22,577 | +€6,464 | +40.1% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €8,249 | €17,674 | +€9,426 | +114.3% |
| Amounts receivable within one year | 40/41 | €5,261 | €3,903 | -€1,358 | -25.8% |
| Trade receivables | 40 | - | €3,669 | +€3,669 | |
| Other amounts receivable | 41 | €5,261 | €234 | -€5,026 | -95.5% |
| Cash at bank and in hand | 54/58 | €2,988 | €13,771 | +€10,783 | +360.9% |
| Total equity and liabilities | 10/49 | €24,587 | €40,477 | +€15,890 | +64.6% |
| Equity | 10/15 | €640 | €26,410 | +€25,770 | +4026.2% |
| Profit (loss) carried forward | 14 | €640 | €26,410 | +€25,770 | +4026.2% |
| Amounts payable | 17/49 | €23,947 | €14,066 | -€9,880 | -41.3% |
| Amounts payable within one year | 42/48 | €23,947 | €14,066 | -€9,880 | -41.3% |
| Trade debts | 44 | €633 | €7,302 | +€6,669 | +1053.9% |
| Suppliers | 440/4 | €633 | €7,302 | +€6,669 | +1053.9% |
| Advances received on contracts in progress | 46 | €17,820 | - | -€17,820 | |
| Taxes, remuneration and social security | 45 | €5,494 | €5,494 | = | 0.0% |
| Taxes | 450/3 | €5,494 | €5,494 | = | 0.0% |
| Other amounts payable | 47/48 | - | €1,270 | +€1,270 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,409 | €13,889 | +€6,480 | +87.5% |
| Other operating charges | 640/8 | €1,525 | €358 | -€1,167 | -76.5% |
| Gross operating margin | 9900 | €9,600 | €40,954 | +€31,355 | +326.6% |
| Operating profit (loss) | 9901 | €666 | €26,708 | +€26,042 | +3909.0% |
| Financial charges | 65/66B | €26 | €358 | +€332 | +1269.0% |
| Recurring financial charges | 65 | €26 | €358 | +€332 | +1269.0% |
| Non-recurring financial charges | 66B | €26 | - | -€26 | |
| Profit (loss) for the period before taxes | 9903 | €640 | €26,350 | +€25,710 | +4016.8% |
| Income taxes | 67/77 | - | €580 | +€580 | |
| Profit (loss) for the period | 9904 | €640 | €25,770 | +€25,130 | +3926.2% |
| Profit (loss) for the period to be appropriated | 9905 | €640 | €25,770 | +€25,130 | +3926.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.