B-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.
B-RENT
Largest movements
- Receivables within one year -€149,203
down €149,203 (-28.2%), from €529,725 to €380,522
- Cash -€73,200
down €73,200 (-99.1%), from €73,844 to €644
mainly Trade debts (-€77,315) and Net result for the year (-€62,042)
- Financial fixed assets +€50,352
up €50,352 (+25,051%), from €201 to €50,553
- Tangible fixed assets -€46,478
down €46,478 (-85.3%), from €54,483 to €8,005
of which Furniture and vehicles: -€45,444
- Trade debts -€77,315
down €77,315 (-61.3%), from €126,087 to €48,772
- Profit (loss) carried forward -€62,042
down €62,042 (-22.9%), from €270,544 to €208,502
- Tax, wage and social debts -€53,459
down €53,459 (-50.8%), from €105,269 to €51,810
of which Taxes: -€57,743
- Debts after one year -€17,500
down €17,500 (-63.6%), from €27,500 to €10,000
- Other debts -€8,197
down €8,197 (-7.6%), from €108,377 to €100,180
- Gross operating margin -€182,508
down €182,508 (-62.1%), from €294,038 to €111,530
- Staff costs +€48,311
up €48,311 (+234%), from €20,646 to €68,957
- Depreciation -€20,064
down €20,064 (-95.1%), from €21,097 to €1,033
- Financial charges -€6,603
down €6,603 (-62.2%), from €10,623 to €4,020
- Other operating charges +€5,557
up €5,557 (+103%), from €5,393 to €10,950
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 | €658,253 | €439,724 | -€218,529 | -33.2% |
| Fixed assets | 21/28 | €54,684 | €58,558 | +€3,874 | +7.1% |
| Tangible fixed assets | 22/27 | €54,483 | €8,005 | -€46,478 | -85.3% |
| Furniture and vehicles | 24 | €45,444 | - | -€45,444 | |
| Other tangible fixed assets | 26 | €9,039 | €8,005 | -€1,034 | -11.4% |
| Financial fixed assets | 28 | €201 | €50,553 | +€50,352 | +25,051% |
| Current assets | 29/58 | €603,569 | €381,166 | -€222,403 | -36.8% |
| Amounts receivable within one year | 40/41 | €529,725 | €380,522 | -€149,203 | -28.2% |
| Trade receivables | 40 | €529,725 | €380,522 | -€149,203 | -28.2% |
| Cash at bank and in hand | 54/58 | €73,844 | €644 | -€73,200 | -99.1% |
| Total equity and liabilities | 10/49 | €658,253 | €439,724 | -€218,529 | -33.2% |
| Equity | 10/15 | €291,004 | €228,962 | -€62,042 | -21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €270,544 | €208,502 | -€62,042 | -22.9% |
| Amounts payable | 17/49 | €367,249 | €210,762 | -€156,487 | -42.6% |
| Amounts payable after more than one year | 17 | €27,500 | €10,000 | -€17,500 | -63.6% |
| Other amounts payable | 178/9 | €27,500 | €10,000 | -€17,500 | -63.6% |
| Amounts payable within one year | 42/48 | €339,749 | €200,762 | -€138,987 | -40.9% |
| Financial debts | 43 | €16 | - | -€16 | |
| Credit institutions | 430/8 | €16 | - | -€16 | |
| Trade debts | 44 | €126,087 | €48,772 | -€77,315 | -61.3% |
| Suppliers | 440/4 | €126,087 | €48,772 | -€77,315 | -61.3% |
| Taxes, remuneration and social security | 45 | €105,269 | €51,810 | -€53,459 | -50.8% |
| Taxes | 450/3 | €102,453 | €44,710 | -€57,743 | -56.4% |
| Remuneration and social security | 454/9 | €2,816 | €7,100 | +€4,284 | +152% |
| Other amounts payable | 47/48 | €108,377 | €100,180 | -€8,197 | -7.6% |
| Remuneration, social security and pensions | 62 | €20,646 | €68,957 | +€48,311 | +234% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,097 | €1,033 | -€20,064 | -95.1% |
| Other operating charges | 640/8 | €5,393 | €10,950 | +€5,557 | +103% |
| Non-recurring operating charges | 66A | €66,222 | €88,943 | +€22,721 | +34.3% |
| Gross operating margin | 9900 | €294,038 | €111,530 | -€182,508 | -62.1% |
| Operating profit (loss) | 9901 | €180,680 | -€58,353 | -€239,033 | |
| Financial income | 75/76B | €89 | €331 | +€242 | +272% |
| Recurring financial income | 75 | €89 | €331 | +€242 | +272% |
| Financial charges | 65/66B | €10,623 | €4,020 | -€6,603 | -62.2% |
| Recurring financial charges | 65 | €10,623 | €4,020 | -€6,603 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €170,146 | -€62,042 | -€232,188 | |
| Profit (loss) for the period | 9904 | €170,146 | -€62,042 | -€232,188 | |
| Profit (loss) for the period to be appropriated | 9905 | €170,146 | -€62,042 | -€232,188 |
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 14 October 2026 via checked.be.