H&C Renting: 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.
H&C Renting
Largest movements
- Tangible fixed assets +€66,827
up €66,827 (+730%), from €9,155 to €75,982
of which Leasing and similar rights: +€67,397
- Financial fixed assets -€4,703
no longer reported in 2025 (was €4,703)
- Receivables within one year -€1,693
down €1,693 (-98.9%), from €1,712 to €19
of which Other amounts receivable: -€1,633
- Cash +€943
up €943 (+163%), from €578 to €1,520
mainly Debts after one year (+€40,403) and Short-term financial debts (+€20,524)
- Debts after one year +€40,403
up €40,403 (+1,043%), from €3,872 to €44,276
- Profit (loss) carried forward -€30,856
down €30,856 (-36.5%), from -€84,482 to -€115,338
- Short-term financial debts +€20,524
new in 2025: €20,524
- Tax, wage and social debts +€15,688
up €15,688 (+242%), from €6,485 to €22,173
of which Remuneration and social security: +€13,499
- Trade debts +€14,387
up €14,387 (+66.5%), from €21,626 to €36,012
- Gross operating margin +€63,209
up €63,209, from -€36,635 to €26,574
- Staff costs +€30,163
up €30,163 (+157%), from €19,271 to €49,433
- Other operating charges +€576
up €576 (+115%), from €502 to €1,078
- Depreciation +€473
up €473 (+9.4%), from €5,012 to €5,486
- Financial charges +€432
up €432 (+43.1%), from €1,001 to €1,433
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 | €18,670 | €79,444 | +€60,774 | +326% |
| Formation expenses | 20 | €412 | €100 | -€312 | -75.8% |
| Fixed assets | 21/28 | €13,858 | €75,982 | +€62,124 | +448% |
| Tangible fixed assets | 22/27 | €9,155 | €75,982 | +€66,827 | +730% |
| Plant, machinery and equipment | 23 | €884 | €314 | -€570 | -64.5% |
| Leasing and similar rights | 25 | €8,271 | €75,668 | +€67,397 | +815% |
| Financial fixed assets | 28 | €4,703 | - | -€4,703 | |
| Current assets | 29/58 | €4,399 | €3,362 | -€1,037 | -23.6% |
| Amounts receivable within one year | 40/41 | €1,712 | €19 | -€1,693 | -98.9% |
| Trade receivables | 40 | €79 | €19 | -€60 | -76.3% |
| Other amounts receivable | 41 | €1,633 | - | -€1,633 | |
| Cash at bank and in hand | 54/58 | €578 | €1,520 | +€943 | +163% |
| Deferred charges and accrued income | 490/1 | €2,110 | €1,823 | -€287 | -13.6% |
| Total equity and liabilities | 10/49 | €18,670 | €79,444 | +€60,774 | +326% |
| Equity | 10/15 | -€82,482 | -€113,338 | -€30,856 | -37.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,482 | -€115,338 | -€30,856 | -36.5% |
| Amounts payable | 17/49 | €101,152 | €192,782 | +€91,630 | +90.6% |
| Amounts payable after more than one year | 17 | €3,872 | €44,276 | +€40,403 | +1,043% |
| Financial debts | 170/4 | €3,872 | €44,276 | +€40,403 | +1,043% |
| Amounts payable within one year | 42/48 | €95,429 | €146,536 | +€51,107 | +53.6% |
| Current portion of amounts payable after more than one year | 42 | €3,785 | €3,872 | +€87 | +2.3% |
| Financial debts | 43 | - | €20,524 | +€20,524 | |
| Credit institutions | 430/8 | - | €20,524 | +€20,524 | |
| Trade debts | 44 | €21,626 | €36,012 | +€14,387 | +66.5% |
| Suppliers | 440/4 | €21,626 | €36,012 | +€14,387 | +66.5% |
| Taxes, remuneration and social security | 45 | €6,485 | €22,173 | +€15,688 | +242% |
| Taxes | 450/3 | - | €2,189 | +€2,189 | |
| Remuneration and social security | 454/9 | €6,485 | €19,984 | +€13,499 | +208% |
| Other amounts payable | 47/48 | €63,532 | €63,954 | +€421 | +0.7% |
| Accrued charges and deferred income | 492/3 | €1,850 | €1,970 | +€120 | +6.5% |
| Non-recurring operating income | 76A | €850 | - | -€850 | |
| Remuneration, social security and pensions | 62 | €19,271 | €49,433 | +€30,163 | +157% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,012 | €5,486 | +€473 | +9.4% |
| Other operating charges | 640/8 | €502 | €1,078 | +€576 | +115% |
| Non-recurring operating charges | 66A | €600 | - | -€600 | |
| Gross operating margin | 9900 | -€36,635 | €26,574 | +€63,209 | |
| Operating profit (loss) | 9901 | -€62,020 | -€29,423 | +€32,597 | +52.6% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,001 | €1,433 | +€432 | +43.1% |
| Recurring financial charges | 65 | €1,001 | €1,433 | +€432 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | -€63,020 | -€30,856 | +€32,164 | +51.0% |
| Profit (loss) for the period | 9904 | -€63,020 | -€30,856 | +€32,164 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,020 | -€30,856 | +€32,164 | +51.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.