SNL RENOV: what changed
SNL RENOV
Largest movements
- 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
- 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
- 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
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
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.
Every line side by side
| 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 |
Next steps
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.