AB RENT: 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.
AB RENT
Largest movements
- Cash +€108,076
up €108,076 (+12.9%), from €840,022 to €948,098
mainly Depreciation (+€46,037) and Investment in fixed assets (net) (+€45,119)
- Tangible fixed assets -€91,157
down €91,157 (-28.1%), from €323,908 to €232,751
of which Furniture and vehicles: -€69,703
- Trade debts +€42,926
up €42,926 (+2,795%), from €1,536 to €44,462
- Reserves -€35,952
down €35,952 (-10.2%), from €351,544 to €315,592
of which Tax-exempt reserves: -€45,304
- Accrued charges and deferred income +€20,898
new in 2025: €20,898
- Provisions -€15,101
down €15,101 (-44.1%), from €34,257 to €19,156
- Gross operating margin -€41,459
down €41,459 (-54.0%), from €76,761 to €35,302
- Financial charges +€20,760
up €20,760 (+86,502%), from €24 to €20,784
- Depreciation -€13,198
down €13,198 (-22.3%), from €59,235 to €46,037
- Taxes -€2,464
down €2,464 (-36.1%), from €6,835 to €4,370
- Other operating charges -€1,223
down €1,223 (-9.1%), from €13,467 to €12,243
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 | €1,217,401 | €1,228,493 | +€11,092 | +0.9% |
| Fixed assets | 21/28 | €323,908 | €232,751 | -€91,157 | -28.1% |
| Tangible fixed assets | 22/27 | €323,908 | €232,751 | -€91,157 | -28.1% |
| Land and buildings | 22 | €95,048 | €92,676 | -€2,372 | -2.5% |
| Plant, machinery and equipment | 23 | €1,932 | €3,287 | +€1,355 | +70.2% |
| Furniture and vehicles | 24 | €103,833 | €34,130 | -€69,703 | -67.1% |
| Other tangible fixed assets | 26 | €123,094 | €102,657 | -€20,437 | -16.6% |
| Current assets | 29/58 | €893,494 | €995,742 | +€102,249 | +11.4% |
| Amounts receivable within one year | 40/41 | €53,001 | €47,158 | -€5,842 | -11.0% |
| Trade receivables | 40 | €28,536 | €47,158 | +€18,622 | +65.3% |
| Other amounts receivable | 41 | €24,464 | €0 | -€24,464 | -100% |
| Cash at bank and in hand | 54/58 | €840,022 | €948,098 | +€108,076 | +12.9% |
| Deferred charges and accrued income | 490/1 | €471 | €485 | +€15 | +3.1% |
| Total equity and liabilities | 10/49 | €1,217,401 | €1,228,493 | +€11,092 | +0.9% |
| Equity | 10/15 | €870,806 | €834,854 | -€35,952 | -4.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €351,544 | €315,592 | -€35,952 | -10.2% |
| Non-distributable reserves | 130/1 | €18,840 | €18,840 | = | 0.0% |
| Legal reserve | 130 | €18,840 | €18,840 | = | 0.0% |
| Tax-exempt reserves | 132 | €102,771 | €57,467 | -€45,304 | -44.1% |
| Distributable reserves | 133 | €229,933 | €239,285 | +€9,352 | +4.1% |
| Profit (loss) carried forward | 14 | €457,762 | €457,762 | = | 0.0% |
| Provisions and deferred taxes | 16 | €34,257 | €19,156 | -€15,101 | -44.1% |
| Deferred taxes | 168 | €34,257 | €19,156 | -€15,101 | -44.1% |
| Amounts payable | 17/49 | €312,338 | €374,483 | +€62,145 | +19.9% |
| Amounts payable within one year | 42/48 | €312,338 | €353,585 | +€41,247 | +13.2% |
| Trade debts | 44 | €1,536 | €44,462 | +€42,926 | +2,795% |
| Suppliers | 440/4 | €1,536 | €44,462 | +€42,926 | +2,795% |
| Taxes, remuneration and social security | 45 | €6,835 | €5,156 | -€1,679 | -24.6% |
| Taxes | 450/3 | €6,835 | €5,156 | -€1,679 | -24.6% |
| Other amounts payable | 47/48 | €303,967 | €303,967 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €20,898 | +€20,898 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,235 | €46,037 | -€13,198 | -22.3% |
| Other operating charges | 640/8 | €13,467 | €12,243 | -€1,223 | -9.1% |
| Non-recurring operating charges | 66A | - | €2,920 | +€2,920 | |
| Gross operating margin | 9900 | €76,761 | €35,302 | -€41,459 | -54.0% |
| Operating profit (loss) | 9901 | €4,059 | -€25,899 | -€29,957 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €24 | €20,784 | +€20,760 | +86,502% |
| Recurring financial charges | 65 | €24 | €20,784 | +€20,760 | +86,502% |
| Profit (loss) for the period before taxes | 9903 | €4,035 | -€46,683 | -€50,718 | |
| Transfer from deferred taxes | 780 | €4,145 | €15,101 | +€10,957 | +264% |
| Income taxes | 67/77 | €6,835 | €4,370 | -€2,464 | -36.1% |
| Profit (loss) for the period | 9904 | €1,345 | -€35,952 | -€37,297 | |
| Transfer from tax-exempt reserves | 789 | €12,434 | €45,304 | +€32,870 | +264% |
| Profit (loss) for the period to be appropriated | 9905 | €13,779 | €9,352 | -€4,427 | -32.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.