ELITE 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.
ELITE RENT
Largest movements
- Tangible fixed assets -€21,600
down €21,600 (-4.7%), from €459,760 to €438,160
- Cash -€11,108
down €11,108 (-89.8%), from €12,364 to €1,256
mainly Contributions, distributions and other (-€24,400) and Debts after one year (-€13,577)
- Deferred charges and accrued income +€4,851
new in 2025: €4,851
- Debts after one year -€13,577
down €13,577 (-10.1%), from €134,775 to €121,198
- Other debts -€7,000
down €7,000 (-6.5%), from €108,066 to €101,066
- Reserves -€5,577
down €5,577 (-3.0%), from €183,133 to €177,555
of which Tax-exempt reserves: -€3,147
- Taxes +€7,320
up €7,320 (+305%), from €2,397 to €9,717
- Gross operating margin +€4,737
up €4,737 (+8.5%), from €55,783 to €60,520
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 | €472,124 | €444,267 | -€27,856 | -5.9% |
| Fixed assets | 21/28 | €459,760 | €438,160 | -€21,600 | -4.7% |
| Tangible fixed assets | 22/27 | €459,760 | €438,160 | -€21,600 | -4.7% |
| Land and buildings | 22 | €459,760 | €438,160 | -€21,600 | -4.7% |
| Current assets | 29/58 | €12,364 | €6,107 | -€6,256 | -50.6% |
| Cash at bank and in hand | 54/58 | €12,364 | €1,256 | -€11,108 | -89.8% |
| Deferred charges and accrued income | 490/1 | - | €4,851 | +€4,851 | |
| Total equity and liabilities | 10/49 | €472,124 | €444,267 | -€27,856 | -5.9% |
| Equity | 10/15 | €195,541 | €189,964 | -€5,577 | -2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €183,133 | €177,555 | -€5,577 | -3.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €53,503 | €50,355 | -€3,147 | -5.9% |
| Distributable reserves | 133 | €127,770 | €125,340 | -€2,430 | -1.9% |
| Profit (loss) carried forward | 14 | €8 | €8 | +€1 | +7.0% |
| Provisions and deferred taxes | 16 | €13,376 | €12,589 | -€787 | -5.9% |
| Deferred taxes | 168 | €13,376 | €12,589 | -€787 | -5.9% |
| Amounts payable | 17/49 | €263,207 | €241,714 | -€21,493 | -8.2% |
| Amounts payable after more than one year | 17 | €134,775 | €121,198 | -€13,577 | -10.1% |
| Financial debts | 170/4 | €134,775 | €121,198 | -€13,577 | -10.1% |
| Amounts payable within one year | 42/48 | €126,345 | €120,517 | -€5,828 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €13,222 | €13,577 | +€355 | +2.7% |
| Trade debts | 44 | - | €1,260 | +€1,260 | |
| Suppliers | 440/4 | - | €1,260 | +€1,260 | |
| Taxes, remuneration and social security | 45 | €5,057 | €4,614 | -€443 | -8.8% |
| Taxes | 450/3 | €5,057 | €4,614 | -€443 | -8.8% |
| Other amounts payable | 47/48 | €108,066 | €101,066 | -€7,000 | -6.5% |
| Accrued charges and deferred income | 492/3 | €2,088 | - | -€2,088 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,066 | €21,600 | -€466 | -2.1% |
| Other operating charges | 640/8 | €7,104 | €7,332 | +€229 | +3.2% |
| Gross operating margin | 9900 | €55,783 | €60,520 | +€4,737 | +8.5% |
| Operating profit (loss) | 9901 | €26,613 | €31,587 | +€4,974 | +18.7% |
| Financial charges | 65/66B | €4,180 | €3,834 | -€346 | -8.3% |
| Recurring financial charges | 65 | €4,180 | €3,834 | -€346 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €22,433 | €27,754 | +€5,320 | +23.7% |
| Transfer from deferred taxes | 780 | €787 | €787 | = | 0.0% |
| Income taxes | 67/77 | €2,397 | €9,717 | +€7,320 | +305% |
| Profit (loss) for the period | 9904 | €20,823 | €18,823 | -€2,000 | -9.6% |
| Transfer from tax-exempt reserves | 789 | €3,147 | €3,147 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,970 | €21,971 | -€2,000 | -8.3% |
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 24 October 2026 via checked.be.