DIRECT RENTALS: 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.
DIRECT RENTALS
Largest movements
- Receivables within one year +€16,376
up €16,376 (+1,592%), from €1,029 to €17,405
of which Other amounts receivable: +€9,377
- Cash +€14,728
up €14,728 (+25,829%), from €57 to €14,785
mainly Net result for the year (+€24,168) and Tax, wage and social debts (+€5,733)
- Profit (loss) carried forward +€24,168
up €24,168, from -€1,238 to €22,930
- Tax, wage and social debts +€5,733
new in 2025: €5,733
- Trade debts +€2,329
new in 2025: €2,329
- Other debts -€1,401
down €1,401 (-56.0%), from €2,500 to €1,099
- Gross operating margin +€31,009
up €31,009, from -€576 to €30,433
- Taxes +€5,733
new in 2025: €5,733
- Other operating charges -€306
down €306 (-71.9%), from €426 to €120
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 | €2,262 | €33,091 | +€30,829 | +1,363% |
| Formation expenses | 20 | €1,177 | €902 | -€275 | -23.4% |
| Current assets | 29/58 | €1,086 | €32,189 | +€31,104 | +2,865% |
| Amounts receivable within one year | 40/41 | €1,029 | €17,405 | +€16,376 | +1,592% |
| Trade receivables | 40 | - | €6,999 | +€6,999 | |
| Other amounts receivable | 41 | €1,029 | €10,406 | +€9,377 | +912% |
| Cash at bank and in hand | 54/58 | €57 | €14,785 | +€14,728 | +25,829% |
| Total equity and liabilities | 10/49 | €2,262 | €33,091 | +€30,829 | +1,363% |
| Equity | 10/15 | -€238 | €23,930 | +€24,168 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,238 | €22,930 | +€24,168 | |
| Amounts payable | 17/49 | €2,500 | €9,161 | +€6,661 | +266% |
| Amounts payable within one year | 42/48 | €2,500 | €9,161 | +€6,661 | +266% |
| Trade debts | 44 | - | €2,329 | +€2,329 | |
| Suppliers | 440/4 | - | €2,329 | +€2,329 | |
| Taxes, remuneration and social security | 45 | - | €5,733 | +€5,733 | |
| Taxes | 450/3 | - | €5,733 | +€5,733 | |
| Other amounts payable | 47/48 | €2,500 | €1,099 | -€1,401 | -56.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €198 | €275 | +€77 | +39.0% |
| Other operating charges | 640/8 | €426 | €120 | -€306 | -71.9% |
| Gross operating margin | 9900 | -€576 | €30,433 | +€31,009 | |
| Operating profit (loss) | 9901 | -€1,201 | €30,038 | +€31,239 | |
| Financial income | 75/76B | - | €188 | +€188 | |
| Recurring financial income | 75 | - | €188 | +€188 | |
| Financial charges | 65/66B | €37 | €326 | +€289 | +780% |
| Recurring financial charges | 65 | €37 | €326 | +€289 | +780% |
| Profit (loss) for the period before taxes | 9903 | -€1,238 | €29,900 | +€31,138 | |
| Income taxes | 67/77 | - | €5,733 | +€5,733 | |
| Profit (loss) for the period | 9904 | -€1,238 | €24,168 | +€25,405 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,238 | €24,168 | +€25,405 |
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.