GT RENTING: what changed
What changed
GT RENTING
NACE 77.110, Renting and leasing of cars and light motor vehicles
filed annual accounts (NBB)
Net result for the year
€277,147
2024 · €242,929+€34,218
Equity
€18,813
2024 · €18,666+€147
Cash
€33,849
2024 · €453,909-€420,060
Balance sheet total
€1.1m
2024 · €1.0m+€32,997
Largest movements
Assets
- Stocks and contracts +€511,767
up €511,767 (+206%), from €248,416 to €760,182
- Cash -€420,060
down €420,060 (-92.5%), from €453,909 to €33,849
mainly Stocks and contracts (-€511,767) and Contributions, distributions and other (-€277,000)
- Tangible fixed assets -€61,669
down €61,669 (-42.7%), from €144,464 to €82,794
Equity and liabilities
- Other debts +€86,191
up €86,191 (+11.1%), from €777,212 to €863,403
- Tax, wage and social debts -€72,184
no longer reported in 2025 (was €72,184)
- Short-term financial debts +€59,846
up €59,846 (+95.5%), from €62,654 to €122,500
- Debts after one year -€24,058
down €24,058 (-66.0%), from €36,475 to €12,417
- Advances received -€23,611
down €23,611 (-97.2%), from €24,294 to €683
Income statement
- Gross operating margin +€65,003
up €65,003 (+17.6%), from €370,359 to €435,362
- Depreciation +€21,947
up €21,947 (+55.3%), from €39,722 to €61,669
- Taxes +€10,083
up €10,083 (+12.3%), from €82,294 to €92,377
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€242,929
Gross operating margin
+€65,003
Depreciation
-€21,947
Other operating charges
+€1,484
Financial income
+€357
Financial charges
-€596
Taxes
-€10,083
Result 2025
€277,147
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€181,939
Investment
€0
Financing
-€238,121
Cash 2024
€453,909
From operations (derived)
-€181,939
Net result for the year
+€277,147
Depreciation
+€61,669
Stocks and contracts
-€511,767
Receivables within one year
+€199
Deferred charges and accrued income
-€3,158
Trade debts
+€3,574
Tax, wage and social debts
-€72,184
Advances received
-€23,611
Other debts
+€86,191
Financing
-€238,121
Debts after one year
-€24,058
Current portion of long-term debt
+€3,092
Short-term financial debts
+€59,846
Contributions, distributions and other
-€277,000
Cash 2025
€33,849
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,026,236 | €1,059,233 | +€32,997 | +3.2% |
| Fixed assets | 21/28 | €144,464 | €82,794 | -€61,669 | -42.7% |
| Tangible fixed assets | 22/27 | €144,464 | €82,794 | -€61,669 | -42.7% |
| Furniture and vehicles | 24 | €144,464 | €82,794 | -€61,669 | -42.7% |
| Current assets | 29/58 | €881,772 | €976,439 | +€94,666 | +10.7% |
| Stocks and contracts in progress | 3 | €248,416 | €760,182 | +€511,767 | +206% |
| Stocks | 30/36 | €248,416 | €760,182 | +€511,767 | +206% |
| Amounts receivable within one year | 40/41 | €179,448 | €179,249 | -€199 | -0.1% |
| Trade receivables | 40 | €166,989 | €55,898 | -€111,090 | -66.5% |
| Other amounts receivable | 41 | €12,459 | €123,351 | +€110,892 | +890% |
| Cash at bank and in hand | 54/58 | €453,909 | €33,849 | -€420,060 | -92.5% |
| Deferred charges and accrued income | 490/1 | - | €3,158 | +€3,158 | |
| Total equity and liabilities | 10/49 | €1,026,236 | €1,059,233 | +€32,997 | +3.2% |
| Equity | 10/15 | €18,666 | €18,813 | +€147 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66 | €213 | +€147 | +222% |
| Amounts payable | 17/49 | €1,007,570 | €1,040,420 | +€32,850 | +3.3% |
| Amounts payable after more than one year | 17 | €36,475 | €12,417 | -€24,058 | -66.0% |
| Financial debts | 170/4 | €36,475 | €12,417 | -€24,058 | -66.0% |
| Amounts payable within one year | 42/48 | €971,095 | €1,028,003 | +€56,908 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €23,062 | €26,153 | +€3,092 | +13.4% |
| Financial debts | 43 | €62,654 | €122,500 | +€59,846 | +95.5% |
| Credit institutions | 430/8 | €62,654 | €122,500 | +€59,846 | +95.5% |
| Trade debts | 44 | €11,690 | €15,264 | +€3,574 | +30.6% |
| Suppliers | 440/4 | €11,690 | €15,264 | +€3,574 | +30.6% |
| Advances received on contracts in progress | 46 | €24,294 | €683 | -€23,611 | -97.2% |
| Taxes, remuneration and social security | 45 | €72,184 | - | -€72,184 | |
| Taxes | 450/3 | €72,184 | - | -€72,184 | |
| Other amounts payable | 47/48 | €777,212 | €863,403 | +€86,191 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,722 | €61,669 | +€21,947 | +55.3% |
| Other operating charges | 640/8 | €1,998 | €513 | -€1,484 | -74.3% |
| Gross operating margin | 9900 | €370,359 | €435,362 | +€65,003 | +17.6% |
| Operating profit (loss) | 9901 | €328,639 | €373,179 | +€44,540 | +13.6% |
| Financial income | 75/76B | €1 | €358 | +€357 | +50,981% |
| Recurring financial income | 75 | €1 | €358 | +€357 | +50,981% |
| Financial charges | 65/66B | €3,417 | €4,013 | +€596 | +17.4% |
| Recurring financial charges | 65 | €3,417 | €4,013 | +€596 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €325,223 | €369,524 | +€44,301 | +13.6% |
| Income taxes | 67/77 | €82,294 | €92,377 | +€10,083 | +12.3% |
| Profit (loss) for the period | 9904 | €242,929 | €277,147 | +€34,218 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €242,929 | €277,147 | +€34,218 | +14.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.