HANS RENTY: what changed
HANS RENTY
Largest movements
- Current investments +€150,000
up €150,000 (+300%), from €50,000 to €200,000
- Cash -€104,928
down €104,928 (-48.7%), from €215,663 to €110,735
mainly Current investments (-€150,000) and Contributions, distributions and other (-€75,215)
- Intangible fixed assets -€75,184
down €75,184 (-15.2%), from €496,009 to €420,825
- Tangible fixed assets -€10,213
down €10,213 (-13.1%), from €78,166 to €67,953
of which Plant, machinery and equipment: -€7,089
- Debts after one year -€56,095
down €56,095 (-12.0%), from €466,547 to €410,452
- Other debts +€21,963
up €21,963 (+21.0%), from €104,613 to €126,576
- Reserves -€21,952
down €21,952 (-11.4%), from €192,442 to €170,490
- Tax, wage and social debts +€14,293
up €14,293 (+56.5%), from €25,286 to €39,579
of which Remuneration and social security: +€10,248
- Gross operating margin +€262,496
up €262,496 (+188%), from €139,363 to €401,859
- Staff costs +€131,618
up €131,618 (+168%), from €78,472 to €210,091
- Depreciation +€50,818
up €50,818 (+113%), from €44,927 to €95,745
- Taxes +€25,507
up €25,507 (+2,114%), from €1,207 to €26,714
- Financial charges +€9,715
up €9,715 (+126%), from €7,696 to €17,411
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €860,826 | €821,238 | -€39,588 | -4.6% |
| Fixed assets | 21/28 | €574,175 | €488,778 | -€85,397 | -14.9% |
| Intangible fixed assets | 21 | €496,009 | €420,825 | -€75,184 | -15.2% |
| Tangible fixed assets | 22/27 | €78,166 | €67,953 | -€10,213 | -13.1% |
| Plant, machinery and equipment | 23 | €42,175 | €35,085 | -€7,089 | -16.8% |
| Furniture and vehicles | 24 | €35,991 | €32,867 | -€3,124 | -8.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €286,651 | €332,460 | +€45,809 | +16.0% |
| Amounts receivable within one year | 40/41 | €17,849 | €18,001 | +€152 | +0.8% |
| Trade receivables | 40 | €7,371 | €11,823 | +€4,453 | +60.4% |
| Other amounts receivable | 41 | €10,479 | €6,177 | -€4,301 | -41.0% |
| Current investments | 50/53 | €50,000 | €200,000 | +€150,000 | +300% |
| Cash at bank and in hand | 54/58 | €215,663 | €110,735 | -€104,928 | -48.7% |
| Deferred charges and accrued income | 490/1 | €3,138 | €3,724 | +€586 | +18.7% |
| Total equity and liabilities | 10/49 | €860,826 | €821,238 | -€39,588 | -4.6% |
| Equity | 10/15 | €204,842 | €182,890 | -€21,952 | -10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €192,442 | €170,490 | -€21,952 | -11.4% |
| Distributable reserves | 133 | €192,442 | €170,490 | -€21,952 | -11.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €655,984 | €638,348 | -€17,636 | -2.7% |
| Amounts payable after more than one year | 17 | €466,547 | €410,452 | -€56,095 | -12.0% |
| Financial debts | 170/4 | €466,547 | €410,452 | -€56,095 | -12.0% |
| Amounts payable within one year | 42/48 | €189,437 | €227,896 | +€38,459 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | €54,113 | €56,095 | +€1,982 | +3.7% |
| Financial debts | 43 | €3,021 | €2,770 | -€250 | -8.3% |
| Credit institutions | 430/8 | €3,021 | €2,770 | -€250 | -8.3% |
| Trade debts | 44 | €2,405 | €2,876 | +€472 | +19.6% |
| Suppliers | 440/4 | €2,405 | €2,876 | +€472 | +19.6% |
| Taxes, remuneration and social security | 45 | €25,286 | €39,579 | +€14,293 | +56.5% |
| Taxes | 450/3 | €5,130 | €9,176 | +€4,046 | +78.9% |
| Remuneration and social security | 454/9 | €20,155 | €30,403 | +€10,248 | +50.8% |
| Other amounts payable | 47/48 | €104,613 | €126,576 | +€21,963 | +21.0% |
| Non-recurring operating income | 76A | €38,196 | €0 | -€38,196 | -100% |
| Remuneration, social security and pensions | 62 | €78,472 | €210,091 | +€131,618 | +168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,927 | €95,745 | +€50,818 | +113% |
| Other operating charges | 640/8 | €1,654 | €1,680 | +€26 | +1.6% |
| Gross operating margin | 9900 | €139,363 | €401,859 | +€262,496 | +188% |
| Operating profit (loss) | 9901 | €14,309 | €94,343 | +€80,034 | +559% |
| Financial income | 75/76B | €890 | €3,045 | +€2,154 | +242% |
| Recurring financial income | 75 | €890 | €3,045 | +€2,154 | +242% |
| Financial charges | 65/66B | €7,696 | €17,411 | +€9,715 | +126% |
| Recurring financial charges | 65 | €7,696 | €17,411 | +€9,715 | +126% |
| Profit (loss) for the period before taxes | 9903 | €7,503 | €79,977 | +€72,474 | +966% |
| Income taxes | 67/77 | €1,207 | €26,714 | +€25,507 | +2,114% |
| Profit (loss) for the period | 9904 | €6,297 | €53,263 | +€46,967 | +746% |
| Profit (loss) for the period to be appropriated | 9905 | €6,297 | €53,263 | +€46,967 | +746% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.