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SNL RENOV: what changed

What changed

SNL RENOV

BE 0789.338.785
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€30,100
2023 · €12,186-€42,286
Equity
-€15,914
2023 · €14,186-€30,100
Cash
€5
2023 · €18,293-€18,288
Balance sheet total
€13,705
2023 · €41,095-€27,390

Largest movements

2023 to 2024
Assets
  • Cash -€18,288

    down €18,288 (-100.0%), from €18,293 to €5

    mainly Net result for the year (-€30,100) and Investment in fixed assets (net) (-€6,000)

  • Receivables within one year -€11,901

    down €11,901 (-58.8%), from €20,251 to €8,350

    of which Trade receivables: -€14,031

  • Tangible fixed assets +€3,157

    up €3,157 (+144%), from €2,194 to €5,351

Equity and liabilities
  • Profit (loss) carried forward -€30,100

    down €30,100, from €12,186 to -€17,914

  • Tax, wage and social debts +€5,014

    up €5,014 (+24.2%), from €20,716 to €25,731

    of which Taxes: +€2,515

  • Trade debts -€2,731

    down €2,731 (-78.9%), from €3,462 to €732

  • Other debts +€426

    up €426 (+15.6%), from €2,731 to €3,157

Income statement
  • Gross operating margin -€77,559

    down €77,559 (-86.2%), from €89,963 to €12,404

  • Staff costs -€36,466

    down €36,466 (-51.7%), from €70,509 to €34,042

  • Taxes -€4,058

    no longer reported in 2024 (was €4,058)

  • Other operating charges +€3,568

    up €3,568 (+180%), from €1,987 to €5,555

  • Depreciation +€1,687

    up €1,687 (+146%), from €1,156 to €2,843

Change in the result, 2023 to 2024

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2023 €12,186
Gross operating margin -€77,559
Staff costs +€36,466
Depreciation -€1,687
Other operating charges -€3,568
Financial income -€0
Financial charges +€4
Taxes +€4,058
Result 2024 -€30,100
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations -€12,288
Investment -€6,000
Financing €0
Cash 2023 €18,293
Net result for the year -€30,100
Depreciation +€2,843
Receivables within one year +€11,901
Deferred charges and accrued income +€358
Trade debts -€2,731
Tax, wage and social debts +€5,014
Other debts +€426
Investment in fixed assets (net) -€6,000
Cash 2024 €5
brings cash intakes cash out
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €41,095 €13,705 -€27,390 -66.6%
Fixed assets 21/28 €2,194 €5,351 +€3,157 +144%
Tangible fixed assets 22/27 €2,194 €5,351 +€3,157 +144%
Furniture and vehicles 24 €2,194 €5,351 +€3,157 +144%
Current assets 29/58 €38,901 €8,355 -€30,547 -78.5%
Amounts receivable within one year 40/41 €20,251 €8,350 -€11,901 -58.8%
Trade receivables 40 €14,031 - -€14,031
Other amounts receivable 41 €6,219 €8,350 +€2,131 +34.3%
Cash at bank and in hand 54/58 €18,293 €5 -€18,288 -100.0%
Deferred charges and accrued income 490/1 €358 - -€358
Total equity and liabilities 10/49 €41,095 €13,705 -€27,390 -66.6%
Equity 10/15 €14,186 -€15,914 -€30,100
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €12,186 -€17,914 -€30,100
Amounts payable 17/49 €26,909 €29,620 +€2,710 +10.1%
Amounts payable within one year 42/48 €26,909 €29,620 +€2,710 +10.1%
Trade debts 44 €3,462 €732 -€2,731 -78.9%
Suppliers 440/4 €3,462 €732 -€2,731 -78.9%
Taxes, remuneration and social security 45 €20,716 €25,731 +€5,014 +24.2%
Taxes 450/3 €4,058 €6,573 +€2,515 +62.0%
Remuneration and social security 454/9 €16,658 €19,158 +€2,500 +15.0%
Other amounts payable 47/48 €2,731 €3,157 +€426 +15.6%
Remuneration, social security and pensions 62 €70,509 €34,042 -€36,466 -51.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,156 €2,843 +€1,687 +146%
Other operating charges 640/8 €1,987 €5,555 +€3,568 +180%
Gross operating margin 9900 €89,963 €12,404 -€77,559 -86.2%
Operating profit (loss) 9901 €16,311 -€30,037 -€46,348
Financial income 75/76B €0 €0 -€0 -66.7%
Recurring financial income 75 €0 €0 -€0 -66.7%
Financial charges 65/66B €67 €63 -€4 -6.3%
Recurring financial charges 65 €67 €63 -€4 -6.3%
Profit (loss) for the period before taxes 9903 €16,244 -€30,100 -€46,344
Income taxes 67/77 €4,058 - -€4,058
Profit (loss) for the period 9904 €12,186 -€30,100 -€42,286
Profit (loss) for the period to be appropriated 9905 €12,186 -€30,100 -€42,286
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.