5-5 RENT: what changed
5-5 RENT
Largest movements
- Cash +€248,016
up €248,016 (+254%), from €97,719 to €345,735
mainly Trade debts (+€304,660) and Deferred charges and accrued income (+€104,115)
- Deferred charges and accrued income -€104,115
down €104,115 (-94.1%), from €110,668 to €6,553
- Stocks and contracts +€63,237
up €63,237 (+126%), from €50,000 to €113,237
- Receivables within one year +€62,635
up €62,635 (+15.2%), from €412,267 to €474,903
of which Trade receivables: +€36,125
- Tangible fixed assets -€38,410
down €38,410 (-16.7%), from €229,351 to €190,941
- Trade debts +€304,660
up €304,660 (+161%), from €189,426 to €494,086
- Other debts -€242,689
down €242,689 (-94.8%), from €256,063 to €13,374
- Profit (loss) carried forward +€92,249
up €92,249 (+22.3%), from €412,957 to €505,206
- Tax, wage and social debts +€58,518
new in 2025: €58,518
- Accrued charges and deferred income +€14,632
up €14,632 (+1,306%), from €1,120 to €15,752
- Gross operating margin +€61,430
up €61,430 (+24.1%), from €254,584 to €316,014
- Depreciation +€25,379
up €25,379 (+43.5%), from €58,407 to €83,785
- Other operating charges +€16,680
up €16,680 (+25.5%), from €65,395 to €82,075
- Write-downs +€4,533
new in 2025: €4,533
- Taxes +€4,480
up €4,480 (+10.3%), from €43,428 to €47,907
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €910,115 | €1,137,478 | +€227,363 | +25.0% |
| Fixed assets | 21/28 | €239,461 | €197,051 | -€42,410 | -17.7% |
| Tangible fixed assets | 22/27 | €229,351 | €190,941 | -€38,410 | -16.7% |
| Furniture and vehicles | 24 | €229,351 | €190,941 | -€38,410 | -16.7% |
| Financial fixed assets | 28 | €10,110 | €6,110 | -€4,000 | -39.6% |
| Current assets | 29/58 | €670,654 | €940,427 | +€269,773 | +40.2% |
| Stocks and contracts in progress | 3 | €50,000 | €113,237 | +€63,237 | +126% |
| Stocks | 30/36 | €50,000 | €113,237 | +€63,237 | +126% |
| Amounts receivable within one year | 40/41 | €412,267 | €474,903 | +€62,635 | +15.2% |
| Trade receivables | 40 | €289,783 | €325,908 | +€36,125 | +12.5% |
| Other amounts receivable | 41 | €122,484 | €148,995 | +€26,511 | +21.6% |
| Cash at bank and in hand | 54/58 | €97,719 | €345,735 | +€248,016 | +254% |
| Deferred charges and accrued income | 490/1 | €110,668 | €6,553 | -€104,115 | -94.1% |
| Total equity and liabilities | 10/49 | €910,115 | €1,137,478 | +€227,363 | +25.0% |
| Equity | 10/15 | €433,417 | €525,666 | +€92,249 | +21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €412,957 | €505,206 | +€92,249 | +22.3% |
| Amounts payable | 17/49 | €476,698 | €611,812 | +€135,114 | +28.3% |
| Amounts payable within one year | 42/48 | €475,578 | €596,060 | +€120,482 | +25.3% |
| Financial debts | 43 | €30,090 | €30,082 | -€7 | 0.0% |
| Credit institutions | 430/8 | €30,090 | €30,082 | -€7 | 0.0% |
| Trade debts | 44 | €189,426 | €494,086 | +€304,660 | +161% |
| Suppliers | 440/4 | €189,426 | €494,086 | +€304,660 | +161% |
| Taxes, remuneration and social security | 45 | - | €58,518 | +€58,518 | |
| Taxes | 450/3 | - | €58,518 | +€58,518 | |
| Other amounts payable | 47/48 | €256,063 | €13,374 | -€242,689 | -94.8% |
| Accrued charges and deferred income | 492/3 | €1,120 | €15,752 | +€14,632 | +1,306% |
| Non-recurring operating income | 76A | €10,566 | - | -€10,566 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,407 | €83,785 | +€25,379 | +43.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,533 | +€4,533 | |
| Other operating charges | 640/8 | €65,395 | €82,075 | +€16,680 | +25.5% |
| Gross operating margin | 9900 | €254,584 | €316,014 | +€61,430 | +24.1% |
| Operating profit (loss) | 9901 | €130,782 | €145,621 | +€14,839 | +11.3% |
| Financial income | 75/76B | €6 | €0 | -€6 | -95.2% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -95.2% |
| Financial charges | 65/66B | €3,096 | €5,466 | +€2,370 | +76.5% |
| Recurring financial charges | 65 | €3,096 | €5,466 | +€2,370 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €127,692 | €140,156 | +€12,464 | +9.8% |
| Income taxes | 67/77 | €43,428 | €47,907 | +€4,480 | +10.3% |
| Profit (loss) for the period | 9904 | €84,265 | €92,249 | +€7,984 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €84,265 | €92,249 | +€7,984 | +9.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.