DBRENT: what changed
Two fiscal 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.
DBRENT
Largest movements
- Stocks and contracts +€73,053
up €73,053 (+61.9%), from €117,943 to €190,996
- Tangible fixed assets -€51,300
down €51,300 (-20.0%), from €256,721 to €205,421
of which Leasing and similar rights: -€37,874
- Cash -€14,061
down €14,061 (-81.1%), from €17,332 to €3,272
mainly Stocks and contracts (-€73,053) and Investment in fixed assets (net) (-€41,869)
- Deferred charges and accrued income -€7,642
down €7,642 (-50.0%), from €15,289 to €7,648
- Receivables within one year -€6,481
down €6,481 (-9.3%), from €69,983 to €63,502
of which Trade receivables: -€12,955
- Short-term financial debts +€37,722
up €37,722 (+125.7%), from €30,000 to €67,722
- Current portion of long-term debt -€35,097
down €35,097 (-38.6%), from €90,874 to €55,777
- Trade debts +€20,314
up €20,314 (+539.0%), from €3,769 to €24,083
- Reserves -€18,314
down €18,314 (-15.6%), from €117,671 to €99,357
- Debts after one year -€10,251
down €10,251 (-6.7%), from €152,836 to €142,585
of which Financial debts: -€10,251
- Gross operating margin -€32,887
down €32,887 (-30.4%), from €108,057 to €75,169
- Financial income +€11,927
up €11,927 (+833.0%), from €1,432 to €13,359
- Depreciation +€4,026
up €4,026 (+4.5%), from €89,143 to €93,169
- Financial charges -€2,250
down €2,250 (-19.2%), from €11,739 to €9,489
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 | €477,268 | €470,838 | -€6,430 | -1.3% |
| Fixed assets | 21/28 | €256,721 | €205,421 | -€51,300 | -20.0% |
| Tangible fixed assets | 22/27 | €256,721 | €205,421 | -€51,300 | -20.0% |
| Plant, machinery and equipment | 23 | €3,851 | €3,061 | -€791 | -20.5% |
| Furniture and vehicles | 24 | €172,932 | €160,296 | -€12,635 | -7.3% |
| Leasing and similar rights | 25 | €79,938 | €42,064 | -€37,874 | -47.4% |
| Current assets | 29/58 | €220,547 | €265,417 | +€44,870 | +20.3% |
| Stocks and contracts in progress | 3 | €117,943 | €190,996 | +€73,053 | +61.9% |
| Stocks | 30/36 | €117,943 | €190,996 | +€73,053 | +61.9% |
| Amounts receivable within one year | 40/41 | €69,983 | €63,502 | -€6,481 | -9.3% |
| Trade receivables | 40 | €51,951 | €38,996 | -€12,955 | -24.9% |
| Other amounts receivable | 41 | €18,032 | €24,506 | +€6,474 | +35.9% |
| Cash at bank and in hand | 54/58 | €17,332 | €3,272 | -€14,061 | -81.1% |
| Deferred charges and accrued income | 490/1 | €15,289 | €7,648 | -€7,642 | -50.0% |
| Total equity and liabilities | 10/49 | €477,268 | €470,838 | -€6,430 | -1.3% |
| Equity | 10/15 | €192,671 | €174,357 | -€18,314 | -9.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €117,671 | €99,357 | -€18,314 | -15.6% |
| Distributable reserves | 133 | €117,671 | €99,357 | -€18,314 | -15.6% |
| Amounts payable | 17/49 | €284,598 | €296,481 | +€11,883 | +4.2% |
| Amounts payable after more than one year | 17 | €152,836 | €142,585 | -€10,251 | -6.7% |
| Financial debts | 170/4 | €62,051 | €51,800 | -€10,251 | -16.5% |
| Other amounts payable | 178/9 | €90,785 | €90,785 | = | 0.0% |
| Amounts payable within one year | 42/48 | €131,761 | €153,896 | +€22,134 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €90,874 | €55,777 | -€35,097 | -38.6% |
| Financial debts | 43 | €30,000 | €67,722 | +€37,722 | +125.7% |
| Credit institutions | 430/8 | €30,000 | €67,722 | +€37,722 | +125.7% |
| Trade debts | 44 | €3,769 | €24,083 | +€20,314 | +539.0% |
| Suppliers | 440/4 | €3,769 | €24,083 | +€20,314 | +539.0% |
| Advances received on contracts in progress | 46 | €805 | - | -€805 | |
| Other amounts payable | 47/48 | €6,314 | €6,314 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,143 | €93,169 | +€4,026 | +4.5% |
| Other operating charges | 640/8 | €3,519 | €3,683 | +€164 | +4.7% |
| Non-recurring operating charges | 66A | €250 | €500 | +€250 | +100.0% |
| Gross operating margin | 9900 | €108,057 | €75,169 | -€32,887 | -30.4% |
| Operating profit (loss) | 9901 | €15,144 | -€22,183 | -€37,327 | |
| Financial income | 75/76B | €1,432 | €13,359 | +€11,927 | +833.0% |
| Recurring financial income | 75 | €1,432 | €13,359 | +€11,927 | +833.0% |
| Financial charges | 65/66B | €11,739 | €9,489 | -€2,250 | -19.2% |
| Recurring financial charges | 65 | €11,739 | €9,489 | -€2,250 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €4,837 | -€18,314 | -€23,150 | |
| Income taxes | 67/77 | €440 | €0 | -€440 | -100.0% |
| Profit (loss) for the period | 9904 | €4,397 | -€18,314 | -€22,711 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,397 | -€18,314 | -€22,711 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.