Las 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.
Las Rent
Largest movements
- Tangible fixed assets +€514,599
up €514,599 (+22.3%), from €2.3m to €2.8m
of which Leasing and similar rights: +€726,550
- Receivables within one year +€151,136
up €151,136 (+24.6%), from €613,224 to €764,360
of which Trade receivables: +€120,987
- Stocks and contracts +€48,764
up €48,764 (+103%), from €47,146 to €95,910
- Debts after one year +€302,705
up €302,705 (+20.8%), from €1.5m to €1.8m
of which Financial debts: +€302,705
- Current portion of long-term debt +€271,731
up €271,731 (+36.6%), from €741,857 to €1.0m
- Reserves +€135,000
up €135,000 (+19.7%), from €687,000 to €822,000
of which Distributable reserves: +€135,000
- Trade debts +€65,165
up €65,165 (+38.8%), from €168,161 to €233,326
- Short-term financial debts -€51,743
down €51,743 (-30.1%), from €171,875 to €120,132
- Gross operating margin +€386,981
up €386,981 (+36.0%), from €1.1m to €1.5m
- Depreciation +€328,864
up €328,864 (+40.4%), from €813,574 to €1.1m
- Write-downs -€53,759
down €53,759 (-43.0%), from €125,156 to €71,397
- Financial charges +€18,070
up €18,070 (+25.8%), from €69,965 to €88,035
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 | €3,355,542 | €4,090,809 | +€735,267 | +21.9% |
| Fixed assets | 21/28 | €2,305,466 | €2,820,065 | +€514,599 | +22.3% |
| Tangible fixed assets | 22/27 | €2,304,541 | €2,819,140 | +€514,599 | +22.3% |
| Furniture and vehicles | 24 | €1,415,642 | €1,146,438 | -€269,204 | -19.0% |
| Leasing and similar rights | 25 | €888,899 | €1,615,449 | +€726,550 | +81.7% |
| Assets under construction and advance payments | 27 | - | €57,254 | +€57,254 | |
| Financial fixed assets | 28 | €925 | €925 | = | 0.0% |
| Current assets | 29/58 | €1,050,076 | €1,270,744 | +€220,668 | +21.0% |
| Stocks and contracts in progress | 3 | €47,146 | €95,910 | +€48,764 | +103% |
| Stocks | 30/36 | €47,146 | €95,910 | +€48,764 | +103% |
| Amounts receivable within one year | 40/41 | €613,224 | €764,360 | +€151,136 | +24.6% |
| Trade receivables | 40 | €612,222 | €733,209 | +€120,987 | +19.8% |
| Other amounts receivable | 41 | €1,002 | €31,151 | +€30,149 | +3,009% |
| Cash at bank and in hand | 54/58 | €348,315 | €380,659 | +€32,344 | +9.3% |
| Deferred charges and accrued income | 490/1 | €41,391 | €29,815 | -€11,576 | -28.0% |
| Total equity and liabilities | 10/49 | €3,355,542 | €4,090,809 | +€735,267 | +21.9% |
| Equity | 10/15 | €787,038 | €922,009 | +€134,971 | +17.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €687,000 | €822,000 | +€135,000 | +19.7% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €677,000 | €812,000 | +€135,000 | +19.9% |
| Profit (loss) carried forward | 14 | €38 | €9 | -€29 | -75.9% |
| Amounts payable | 17/49 | €2,568,504 | €3,168,800 | +€600,296 | +23.4% |
| Amounts payable after more than one year | 17 | €1,453,501 | €1,756,206 | +€302,705 | +20.8% |
| Financial debts | 170/4 | €1,403,501 | €1,706,206 | +€302,705 | +21.6% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,112,746 | €1,411,094 | +€298,348 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €741,857 | €1,013,588 | +€271,731 | +36.6% |
| Financial debts | 43 | €171,875 | €120,132 | -€51,743 | -30.1% |
| Other loans | 439 | €171,875 | €120,132 | -€51,743 | -30.1% |
| Trade debts | 44 | €168,161 | €233,326 | +€65,165 | +38.8% |
| Suppliers | 440/4 | €168,161 | €233,326 | +€65,165 | +38.8% |
| Advances received on contracts in progress | 46 | €4,948 | - | -€4,948 | |
| Taxes, remuneration and social security | 45 | €19,692 | €35,243 | +€15,551 | +79.0% |
| Taxes | 450/3 | €19,692 | €35,243 | +€15,551 | +79.0% |
| Other amounts payable | 47/48 | €6,213 | €8,805 | +€2,592 | +41.7% |
| Accrued charges and deferred income | 492/3 | €2,257 | €1,500 | -€757 | -33.5% |
| Non-recurring operating income | 76A | €6,733 | €11,269 | +€4,536 | +67.4% |
| Remuneration, social security and pensions | 62 | €1,659 | €1,391 | -€268 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €813,574 | €1,142,438 | +€328,864 | +40.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €125,156 | €71,397 | -€53,759 | -43.0% |
| Other operating charges | 640/8 | €5,174 | €15,114 | +€9,940 | +192% |
| Non-recurring operating charges | 66A | €42,552 | €18,111 | -€24,442 | -57.4% |
| Gross operating margin | 9900 | €1,074,940 | €1,461,921 | +€386,981 | +36.0% |
| Operating profit (loss) | 9901 | €86,825 | €213,471 | +€126,646 | +146% |
| Financial income | 75/76B | €5,303 | €9,535 | +€4,232 | +79.8% |
| Recurring financial income | 75 | €5,303 | €9,535 | +€4,232 | +79.8% |
| Financial charges | 65/66B | €69,965 | €88,035 | +€18,070 | +25.8% |
| Recurring financial charges | 65 | €69,965 | €88,035 | +€18,070 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €22,163 | €134,972 | +€112,809 | +509% |
| Profit (loss) for the period | 9904 | €22,163 | €134,972 | +€112,809 | +509% |
| Profit (loss) for the period to be appropriated | 9905 | €22,163 | €134,972 | +€112,809 | +509% |
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.