B & A RENTAL: 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.
What changed
B & A RENTAL
NACE 77.110, Renting and leasing of cars and light motor vehicles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€179,059
2024 · €146,359+€32,700
Equity
€505,379
2024 · €327,153+€178,226
Cash
€33,119
2024 · €33,000+€119
Balance sheet total
€3.9m
2024 · €4.2m-€226,540
Largest movements
Assets
- Tangible fixed assets -€551,006
down €551,006 (-20.9%), from €2.6m to €2.1m
of which Land and buildings: -€555,599
- Stocks and contracts +€337,005
up €337,005 (+129%), from €261,584 to €598,590
Equity and liabilities
- Debts after one year -€492,007
down €492,007 (-26.3%), from €1.9m to €1.4m
- Profit (loss) carried forward +€178,226
up €178,226 (+58.1%), from €306,693 to €484,919
- Other debts +€111,535
up €111,535 (+6.7%), from €1.7m to €1.8m
- Short-term financial debts +€50,000
new in 2025: €50,000
Income statement
- Gross operating margin +€105,223
up €105,223 (+26.2%), from €401,393 to €506,616
- Depreciation +€34,444
up €34,444 (+26.7%), from €128,891 to €163,336
- Taxes +€24,411
up €24,411 (+68.0%), from €35,872 to €60,283
- Financial charges +€12,722
up €12,722 (+15.7%), from €81,105 to €93,827
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.
Result 2024
€146,359
Gross operating margin
+€105,223
Depreciation
-€34,444
Other operating charges
+€518
Financial income
-€1,463
Financial charges
-€12,722
Taxes
-€24,411
Result 2025
€179,059
raises the resultlowers the result
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.
From operations
+€76,041
Investment
+€390,284
Financing
-€466,205
Cash 2024
€33,000
From operations (derived)
+€76,041
Net result for the year
+€179,059
Depreciation
+€163,336
Stocks and contracts
-€337,005
Receivables within one year
+€14,627
Deferred charges and accrued income
-€4,582
Trade debts
-€37,070
Tax, wage and social debts
+€26,676
Advances received
-€40,535
Other debts
+€111,535
Investment (derived)
+€390,284
Investment in fixed assets (net)
+€387,671
Current investments
+€2,613
Financing
-€466,205
Debts after one year
-€492,007
Current portion of long-term debt
-€23,365
Short-term financial debts
+€50,000
Contributions, distributions and other
-€833
Cash 2025
€33,119
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,156,539 | €3,929,999 | -€226,540 | -5.5% |
| Fixed assets | 21/28 | €3,808,905 | €3,257,899 | -€551,006 | -14.5% |
| Tangible fixed assets | 22/27 | €2,634,090 | €2,083,083 | -€551,006 | -20.9% |
| Land and buildings | 22 | €2,456,934 | €1,901,335 | -€555,599 | -22.6% |
| Plant, machinery and equipment | 23 | €49,249 | €47,615 | -€1,634 | -3.3% |
| Furniture and vehicles | 24 | €22,554 | €49,323 | +€26,769 | +119% |
| Leasing and similar rights | 25 | €31,245 | €20,205 | -€11,040 | -35.3% |
| Other tangible fixed assets | 26 | €74,107 | €64,605 | -€9,502 | -12.8% |
| Financial fixed assets | 28 | €1,174,815 | €1,174,815 | = | 0.0% |
| Current assets | 29/58 | €347,634 | €672,100 | +€324,467 | +93.3% |
| Stocks and contracts in progress | 3 | €261,584 | €598,590 | +€337,005 | +129% |
| Stocks | 30/36 | €261,584 | €598,590 | +€337,005 | +129% |
| Amounts receivable within one year | 40/41 | €37,372 | €22,746 | -€14,627 | -39.1% |
| Trade receivables | 40 | €12,354 | €21,297 | +€8,943 | +72.4% |
| Other amounts receivable | 41 | €25,018 | €1,448 | -€23,570 | -94.2% |
| Current investments | 50/53 | €7,738 | €5,125 | -€2,613 | -33.8% |
| Cash at bank and in hand | 54/58 | €33,000 | €33,119 | +€119 | +0.4% |
| Deferred charges and accrued income | 490/1 | €7,939 | €12,521 | +€4,582 | +57.7% |
| Total equity and liabilities | 10/49 | €4,156,539 | €3,929,999 | -€226,540 | -5.5% |
| Equity | 10/15 | €327,153 | €505,379 | +€178,226 | +54.5% |
| 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 | €306,693 | €484,919 | +€178,226 | +58.1% |
| Amounts payable | 17/49 | €3,829,386 | €3,424,620 | -€404,766 | -10.6% |
| Amounts payable after more than one year | 17 | €1,869,149 | €1,377,142 | -€492,007 | -26.3% |
| Financial debts | 170/4 | €1,869,149 | €1,377,142 | -€492,007 | -26.3% |
| Amounts payable within one year | 42/48 | €1,960,237 | €2,047,478 | +€87,241 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €128,693 | €105,328 | -€23,365 | -18.2% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €85,057 | €47,987 | -€37,070 | -43.6% |
| Suppliers | 440/4 | €85,057 | €47,987 | -€37,070 | -43.6% |
| Advances received on contracts in progress | 46 | €40,535 | €0 | -€40,535 | -100% |
| Taxes, remuneration and social security | 45 | €45,124 | €71,800 | +€26,676 | +59.1% |
| Taxes | 450/3 | €45,124 | €64,579 | +€19,455 | +43.1% |
| Remuneration and social security | 454/9 | - | €7,221 | +€7,221 | |
| Other amounts payable | 47/48 | €1,660,828 | €1,772,363 | +€111,535 | +6.7% |
| Non-recurring operating income | 76A | €1 | €214,374 | +€214,373 | +21,437,347% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,891 | €163,336 | +€34,444 | +26.7% |
| Other operating charges | 640/8 | €10,657 | €10,139 | -€518 | -4.9% |
| Gross operating margin | 9900 | €401,393 | €506,616 | +€105,223 | +26.2% |
| Operating profit (loss) | 9901 | €261,845 | €333,142 | +€71,297 | +27.2% |
| Financial income | 75/76B | €1,491 | €27 | -€1,463 | -98.2% |
| Recurring financial income | 75 | €1,491 | €27 | -€1,463 | -98.2% |
| Financial charges | 65/66B | €81,105 | €93,827 | +€12,722 | +15.7% |
| Recurring financial charges | 65 | €81,105 | €93,827 | +€12,722 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €182,231 | €239,342 | +€57,111 | +31.3% |
| Income taxes | 67/77 | €35,872 | €60,283 | +€24,411 | +68.0% |
| Profit (loss) for the period | 9904 | €146,359 | €179,059 | +€32,700 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €146,359 | €179,059 | +€32,700 | +22.3% |
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 30 October 2026 via checked.be.