A.S. RENTING: what changed
Two financial 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.
A.S. RENTING
Largest movements
- Tangible fixed assets -€594,171
down €594,171 (-9.9%), from €6.0m to €5.4m
of which Leasing and similar rights: -€596,576
- Current investments +€500,000
up €500,000, from €0 to €500,000
- Receivables within one year -€498,651
down €498,651 (-39.2%), from €1.3m to €772,739
of which Other amounts receivable: -€507,914
- Cash -€133,226
down €133,226 (-11.7%), from €1.1m to €1.0m
mainly Investment in fixed assets (net) (-€844,069) and Debts after one year (-€716,579)
- Debts after one year -€716,579
down €716,579 (-22.0%), from €3.3m to €2.5m
- Reserves +€188,640
up €188,640 (+7.2%), from €2.6m to €2.8m
- Profit (loss) carried forward -€120,352
down €120,352 (-11.4%), from €1.1m to €937,968
- Current portion of long-term debt -€117,288
down €117,288 (-9.1%), from €1.3m to €1.2m
- Financial income +€184,669
up €184,669 (+536%), from €34,434 to €219,103
of which Non-recurring financial income: +€183,156
- Taxes +€77,295
up €77,295 (+44.8%), from €172,648 to €249,943
- Depreciation -€41,882
down €41,882 (-2.8%), from €1.5m to €1.4m
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.
Derived cash bridge
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 | €8,426,177 | €7,724,030 | -€702,147 | -8.3% |
| Fixed assets | 21/28 | €6,015,002 | €5,420,831 | -€594,171 | -9.9% |
| Tangible fixed assets | 22/27 | €6,013,771 | €5,419,600 | -€594,171 | -9.9% |
| Land and buildings | 22 | €2,098,390 | €1,993,933 | -€104,456 | -5.0% |
| Plant, machinery and equipment | 23 | €2,432,253 | €2,498,330 | +€66,077 | +2.7% |
| Furniture and vehicles | 24 | €120,266 | €161,051 | +€40,784 | +33.9% |
| Leasing and similar rights | 25 | €1,362,861 | €766,285 | -€596,576 | -43.8% |
| Financial fixed assets | 28 | €1,232 | €1,232 | = | 0.0% |
| Current assets | 29/58 | €2,411,175 | €2,303,199 | -€107,976 | -4.5% |
| Amounts receivable within one year | 40/41 | €1,271,391 | €772,739 | -€498,651 | -39.2% |
| Trade receivables | 40 | €20,844 | €30,106 | +€9,262 | +44.4% |
| Other amounts receivable | 41 | €1,250,547 | €742,633 | -€507,914 | -40.6% |
| Current investments | 50/53 | €0 | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €1,139,785 | €1,006,559 | -€133,226 | -11.7% |
| Deferred charges and accrued income | 490/1 | €0 | €23,901 | +€23,901 | |
| Total equity and liabilities | 10/49 | €8,426,177 | €7,724,030 | -€702,147 | -8.3% |
| Equity | 10/15 | €3,718,275 | €3,786,563 | +€68,288 | +1.8% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €2,637,954 | €2,826,594 | +€188,640 | +7.2% |
| Distributable reserves | 133 | €2,637,954 | €2,826,594 | +€188,640 | +7.2% |
| Profit (loss) carried forward | 14 | €1,058,321 | €937,968 | -€120,352 | -11.4% |
| Amounts payable | 17/49 | €4,707,902 | €3,937,467 | -€770,435 | -16.4% |
| Amounts payable after more than one year | 17 | €3,262,101 | €2,545,522 | -€716,579 | -22.0% |
| Financial debts | 170/4 | €3,262,101 | €2,545,522 | -€716,579 | -22.0% |
| Amounts payable within one year | 42/48 | €1,445,801 | €1,391,945 | -€53,856 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €1,282,920 | €1,165,633 | -€117,288 | -9.1% |
| Trade debts | 44 | €111,195 | €132,637 | +€21,443 | +19.3% |
| Suppliers | 440/4 | €111,195 | €132,637 | +€21,443 | +19.3% |
| Taxes, remuneration and social security | 45 | €46,970 | €91,479 | +€44,509 | +94.8% |
| Taxes | 450/3 | €35,656 | €74,979 | +€39,322 | +110% |
| Remuneration and social security | 454/9 | €11,313 | €16,500 | +€5,187 | +45.8% |
| Other amounts payable | 47/48 | €4,716 | €2,197 | -€2,520 | -53.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €435,643 | €418,578 | -€17,065 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,480,122 | €1,438,240 | -€41,882 | -2.8% |
| Other operating charges | 640/8 | €61,751 | €54,843 | -€6,908 | -11.2% |
| Gross operating margin | 9900 | €2,619,015 | €2,600,506 | -€18,509 | -0.7% |
| Operating profit (loss) | 9901 | €641,499 | €688,845 | +€47,346 | +7.4% |
| Financial income | 75/76B | €34,434 | €219,103 | +€184,669 | +536% |
| Recurring financial income | 75 | €3,170 | €4,683 | +€1,513 | +47.7% |
| Non-recurring financial income | 76B | €31,264 | €214,420 | +€183,156 | +586% |
| Financial charges | 65/66B | €111,915 | €108,308 | -€3,607 | -3.2% |
| Recurring financial charges | 65 | €111,915 | €108,308 | -€3,607 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €564,018 | €799,641 | +€235,622 | +41.8% |
| Income taxes | 67/77 | €172,648 | €249,943 | +€77,295 | +44.8% |
| Profit (loss) for the period | 9904 | €391,371 | €549,698 | +€158,327 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €391,371 | €549,698 | +€158,327 | +40.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.