G-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.
G-RENT
Largest movements
- Receivables within one year +€27,547
up €27,547 (+42.3%), from €65,075 to €92,621
of which Trade receivables: +€27,547
- Tangible fixed assets -€22,249
down €22,249 (-15.4%), from €144,929 to €122,680
of which Land and buildings: -€12,414
- Cash +€3,327
up €3,327 (+318%), from €1,046 to €4,373
mainly Depreciation (+€16,053) and Net result for the year (+€10,187)
- Financial fixed assets -€2,573
down €2,573 (-100%), from €2,573 to €0
- Debts after one year -€14,457
down €14,457 (-18.5%), from €78,333 to €63,876
- Reserves +€10,187
up €10,187 (+145%), from €7,010 to €17,197
of which Distributable reserves: +€10,187
- Tax, wage and social debts +€5,282
up €5,282 (+428%), from €1,233 to €6,516
- Other debts +€4,272
up €4,272 (+4.0%), from €106,464 to €110,736
- Gross operating margin +€8,582
up €8,582 (+28.6%), from €30,023 to €38,604
- Taxes +€4,302
up €4,302 (+4,260%), from €101 to €4,403
- Other operating charges +€2,531
up €2,531 (+97.6%), from €2,594 to €5,125
- Depreciation -€2,326
down €2,326 (-12.7%), from €18,379 to €16,053
- Financial charges -€417
down €417 (-12.8%), from €3,254 to €2,837
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 | €213,651 | €219,704 | +€6,053 | +2.8% |
| Fixed assets | 21/28 | €147,502 | €122,680 | -€24,821 | -16.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €144,929 | €122,680 | -€22,249 | -15.4% |
| Land and buildings | 22 | €129,294 | €116,881 | -€12,414 | -9.6% |
| Plant, machinery and equipment | 23 | €1,878 | €1,084 | -€794 | -42.3% |
| Furniture and vehicles | 24 | €647 | €107 | -€540 | -83.5% |
| Other tangible fixed assets | 26 | €13,110 | €4,609 | -€8,501 | -64.8% |
| Financial fixed assets | 28 | €2,573 | €0 | -€2,573 | -100% |
| Current assets | 29/58 | €66,150 | €97,024 | +€30,874 | +46.7% |
| Amounts receivable within one year | 40/41 | €65,075 | €92,621 | +€27,547 | +42.3% |
| Trade receivables | 40 | €62,676 | €90,222 | +€27,547 | +44.0% |
| Other amounts receivable | 41 | €2,399 | €2,399 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,046 | €4,373 | +€3,327 | +318% |
| Deferred charges and accrued income | 490/1 | €29 | €30 | +€1 | +3.2% |
| Total equity and liabilities | 10/49 | €213,651 | €219,704 | +€6,053 | +2.8% |
| Equity | 10/15 | €13,210 | €23,397 | +€10,187 | +77.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,010 | €17,197 | +€10,187 | +145% |
| Tax-exempt reserves | 132 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €1,010 | €11,197 | +€10,187 | +1,009% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €200,442 | €196,308 | -€4,134 | -2.1% |
| Amounts payable after more than one year | 17 | €78,333 | €63,876 | -€14,457 | -18.5% |
| Financial debts | 170/4 | €78,333 | €63,876 | -€14,457 | -18.5% |
| Amounts payable within one year | 42/48 | €122,108 | €132,432 | +€10,323 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €14,019 | €14,457 | +€438 | +3.1% |
| Trade debts | 44 | €391 | €723 | +€331 | +84.6% |
| Suppliers | 440/4 | €391 | €723 | +€331 | +84.6% |
| Taxes, remuneration and social security | 45 | €1,233 | €6,516 | +€5,282 | +428% |
| Taxes | 450/3 | €1,233 | €6,516 | +€5,282 | +428% |
| Other amounts payable | 47/48 | €106,464 | €110,736 | +€4,272 | +4.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,379 | €16,053 | -€2,326 | -12.7% |
| Other operating charges | 640/8 | €2,594 | €5,125 | +€2,531 | +97.6% |
| Gross operating margin | 9900 | €30,023 | €38,604 | +€8,582 | +28.6% |
| Operating profit (loss) | 9901 | €9,050 | €17,426 | +€8,377 | +92.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,254 | €2,837 | -€417 | -12.8% |
| Recurring financial charges | 65 | €3,254 | €2,837 | -€417 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €5,796 | €14,590 | +€8,793 | +152% |
| Income taxes | 67/77 | €101 | €4,403 | +€4,302 | +4,260% |
| Profit (loss) for the period | 9904 | €5,695 | €10,187 | +€4,492 | +78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,695 | €10,187 | +€4,492 | +78.9% |
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 29 October 2026 via checked.be.