BOXRENTALS: 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.
BOXRENTALS
Largest movements
- Receivables within one year -€142,004
down €142,004 (-73.6%), from €192,821 to €50,817
of which Trade receivables: -€138,755
- Cash +€31,998
up €31,998 (+217.3%), from €14,727 to €46,725
mainly Receivables within one year (+€142,004) and Depreciation (+€49,035)
- Current portion of long-term debt -€68,771
down €68,771 (-73.4%), from €93,722 to €24,951
- Tax, wage and social debts -€22,719
down €22,719 (-82.3%), from €27,595 to €4,876
of which Taxes: -€27,101
- Debts after one year -€8,232
down €8,232 (-23.3%), from €35,331 to €27,099
- Accrued charges and deferred income -€7,582
down €7,582 (-100.0%), from €7,582 to €0
- Trade debts -€6,078
down €6,078 (-54.7%), from €11,118 to €5,040
- Staff costs +€30,157
up €30,157 (+159.4%), from €18,913 to €49,070
- Gross operating margin -€16,293
down €16,293 (-12.5%), from €130,176 to €113,883
- Taxes -€14,262
down €14,262 (-80.7%), from €17,666 to €3,404
- Depreciation +€12,749
up €12,749 (+35.1%), from €36,286 to €49,035
- Financial charges -€2,651
down €2,651 (-37.7%), from €7,022 to €4,371
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.
Cash bridge derived
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 | €309,405 | €200,174 | -€109,231 | -35.3% |
| Fixed assets | 21/28 | €90,740 | €89,895 | -€845 | -0.9% |
| Tangible fixed assets | 22/27 | €90,490 | €89,645 | -€845 | -0.9% |
| Plant, machinery and equipment | 23 | €83,027 | €81,027 | -€2,000 | -2.4% |
| Furniture and vehicles | 24 | €7,463 | €8,618 | +€1,155 | +15.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €218,665 | €110,279 | -€108,386 | -49.6% |
| Stocks and contracts in progress | 3 | €11,035 | €12,738 | +€1,703 | +15.4% |
| Stocks | 30/36 | €11,035 | €12,738 | +€1,703 | +15.4% |
| Amounts receivable within one year | 40/41 | €192,821 | €50,817 | -€142,004 | -73.6% |
| Trade receivables | 40 | €186,388 | €47,633 | -€138,755 | -74.4% |
| Other amounts receivable | 41 | €6,433 | €3,183 | -€3,250 | -50.5% |
| Cash at bank and in hand | 54/58 | €14,727 | €46,725 | +€31,998 | +217.3% |
| Deferred charges and accrued income | 490/1 | €82 | €0 | -€82 | -100.0% |
| Total equity and liabilities | 10/49 | €309,405 | €200,174 | -€109,231 | -35.3% |
| Equity | 10/15 | €134,057 | €138,208 | +€4,151 | +3.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €29,726 | €29,725 | -€1 | 0.0% |
| Tax-exempt reserves | 132 | €437 | €437 | -€0 | -0.1% |
| Distributable reserves | 133 | €29,289 | €29,289 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €98,031 | €102,183 | +€4,152 | +4.2% |
| Amounts payable | 17/49 | €175,348 | €61,966 | -€113,382 | -64.7% |
| Amounts payable after more than one year | 17 | €35,331 | €27,099 | -€8,232 | -23.3% |
| Financial debts | 170/4 | €35,331 | €27,099 | -€8,232 | -23.3% |
| Amounts payable within one year | 42/48 | €132,435 | €34,866 | -€97,569 | -73.7% |
| Current portion of amounts payable after more than one year | 42 | €93,722 | €24,951 | -€68,771 | -73.4% |
| Trade debts | 44 | €11,118 | €5,040 | -€6,078 | -54.7% |
| Suppliers | 440/4 | €11,118 | €5,040 | -€6,078 | -54.7% |
| Taxes, remuneration and social security | 45 | €27,595 | €4,876 | -€22,719 | -82.3% |
| Taxes | 450/3 | €27,595 | €494 | -€27,101 | -98.2% |
| Remuneration and social security | 454/9 | - | €4,381 | +€4,381 | |
| Accrued charges and deferred income | 492/3 | €7,582 | €0 | -€7,582 | -100.0% |
| Remuneration, social security and pensions | 62 | €18,913 | €49,070 | +€30,157 | +159.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,286 | €49,035 | +€12,749 | +35.1% |
| Other operating charges | 640/8 | €2,310 | €3,015 | +€705 | +30.5% |
| Non-recurring operating charges | 66A | - | €131 | +€131 | |
| Gross operating margin | 9900 | €130,176 | €113,883 | -€16,293 | -12.5% |
| Operating profit (loss) | 9901 | €72,667 | €12,633 | -€60,034 | -82.6% |
| Financial income | 75/76B | €1,093 | €1,395 | +€302 | +27.6% |
| Recurring financial income | 75 | €1,093 | €4 | -€1,089 | -99.7% |
| Non-recurring financial income | 76B | - | €1,392 | +€1,392 | |
| Financial charges | 65/66B | €7,022 | €4,371 | -€2,651 | -37.7% |
| Recurring financial charges | 65 | €7,022 | €4,371 | -€2,651 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €66,738 | €9,657 | -€57,082 | -85.5% |
| Income taxes | 67/77 | €17,666 | €3,404 | -€14,262 | -80.7% |
| Profit (loss) for the period | 9904 | €49,072 | €6,252 | -€42,820 | -87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,072 | €6,252 | -€42,820 | -87.3% |
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 10 October 2026 via checked.be.