CenRent: 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.
CenRent
Largest movements
- Stocks and contracts +€1.3m
new in 2025: €1.3m
- Tangible fixed assets -€45,119
down €45,119 (-2.3%), from €2.0m to €1.9m
- Debts after one year +€595,968
up €595,968 (+47.9%), from €1.2m to €1.8m
- Short-term financial debts +€564,623
up €564,623 (+1,349%), from €41,859 to €606,482
- Other debts +€121,184
up €121,184 (+177%), from €68,355 to €189,539
- Profit (loss) carried forward -€77,480
down €77,480 (-39.0%), from -€198,643 to -€276,123
- Gross operating margin +€25,208
up €25,208 (+68.7%), from €36,675 to €61,883
- Write-downs +€10,405
up €10,405 (+270%), from €3,847 to €14,252
- Financial charges +€4,366
up €4,366 (+8.9%), from €49,279 to €53,645
- Other operating charges -€843
down €843 (-10.7%), from €7,874 to €7,031
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 | €2,109,453 | €3,341,308 | +€1.2m | +58.4% |
| Fixed assets | 21/28 | €1,964,684 | €1,919,565 | -€45,119 | -2.3% |
| Tangible fixed assets | 22/27 | €1,964,684 | €1,919,565 | -€45,119 | -2.3% |
| Land and buildings | 22 | €1,964,684 | €1,919,565 | -€45,119 | -2.3% |
| Current assets | 29/58 | €144,769 | €1,421,742 | +€1.3m | +882% |
| Stocks and contracts in progress | 3 | - | €1,263,367 | +€1.3m | |
| Stocks | 30/36 | - | €1,263,367 | +€1.3m | |
| Amounts receivable within one year | 40/41 | €1,404 | €3,618 | +€2,214 | +158% |
| Trade receivables | 40 | €1,404 | €2,117 | +€713 | +50.8% |
| Other amounts receivable | 41 | - | €1,501 | +€1,501 | |
| Cash at bank and in hand | 54/58 | €143,365 | €154,757 | +€11,392 | +7.9% |
| Total equity and liabilities | 10/49 | €2,109,453 | €3,341,308 | +€1.2m | +58.4% |
| Equity | 10/15 | €701,357 | €623,877 | -€77,480 | -11.0% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€198,643 | -€276,123 | -€77,480 | -39.0% |
| Amounts payable | 17/49 | €1,408,096 | €2,717,430 | +€1.3m | +93.0% |
| Amounts payable after more than one year | 17 | €1,245,000 | €1,840,968 | +€595,968 | +47.9% |
| Financial debts | 170/4 | €1,245,000 | €1,840,968 | +€595,968 | +47.9% |
| Amounts payable within one year | 42/48 | €161,785 | €876,462 | +€714,677 | +442% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €40,000 | = | 0.0% |
| Financial debts | 43 | €41,859 | €606,482 | +€564,623 | +1,349% |
| Credit institutions | 430/8 | €41,859 | €606,482 | +€564,623 | +1,349% |
| Trade debts | 44 | €8,739 | €34,283 | +€25,545 | +292% |
| Suppliers | 440/4 | €8,739 | €34,283 | +€25,545 | +292% |
| Taxes, remuneration and social security | 45 | €2,832 | €6,158 | +€3,326 | +117% |
| Taxes | 450/3 | €2,832 | €6,158 | +€3,326 | +117% |
| Other amounts payable | 47/48 | €68,355 | €189,539 | +€121,184 | +177% |
| Accrued charges and deferred income | 492/3 | €1,311 | €0 | -€1,311 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,895 | €64,435 | +€540 | +0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,847 | €14,252 | +€10,405 | +270% |
| Other operating charges | 640/8 | €7,874 | €7,031 | -€843 | -10.7% |
| Gross operating margin | 9900 | €36,675 | €61,883 | +€25,208 | +68.7% |
| Operating profit (loss) | 9901 | -€38,940 | -€23,835 | +€15,105 | +38.8% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €49,279 | €53,645 | +€4,366 | +8.9% |
| Recurring financial charges | 65 | €49,279 | €53,645 | +€4,366 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | -€88,213 | -€77,480 | +€10,733 | +12.2% |
| Profit (loss) for the period | 9904 | -€88,213 | -€77,480 | +€10,733 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€88,213 | -€77,480 | +€10,733 | +12.2% |
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 20 October 2026 via checked.be.