Lebbe Renting: what changed
What changed
Lebbe Renting
NACE 77.120, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
€50,371
2024 · €49,486+€885
Equity
€310,148
2024 · €264,877+€45,271
Cash
€6,127
2024 · €81,078-€74,950
Balance sheet total
€2.3m
2024 · €1.5m+€820,745
Largest movements
Assets
- Tangible fixed assets +€877,979
up €877,979 (+64.9%), from €1.4m to €2.2m
of which Land and buildings: +€585,439
- Cash -€74,950
down €74,950 (-92.4%), from €81,078 to €6,127
mainly Investment in fixed assets (net) (-€1.4m) and Other debts (-€64,044)
Equity and liabilities
- Debts after one year +€722,135
up €722,135 (+90.9%), from €794,470 to €1.5m
- Current portion of long-term debt +€119,784
up €119,784 (+39.1%), from €306,395 to €426,179
- Other debts -€64,044
down €64,044 (-91.8%), from €69,758 to €5,714
- Reserves +€50,371
up €50,371 (+21.8%), from €231,280 to €281,650
Income statement
- Depreciation +€131,561
up €131,561 (+36.5%), from €360,230 to €491,792
- Gross operating margin +€84,050
up €84,050 (+15.8%), from €532,056 to €616,107
- Other operating charges -€59,623
down €59,623 (-81.3%), from €73,314 to €13,691
- Financial income -€8,222
down €8,222 (-61.6%), from €13,357 to €5,135
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
€49,486
Gross operating margin
+€84,050
Depreciation
-€131,561
Other operating charges
+€59,623
Financial income
-€8,222
Financial charges
-€5,112
Taxes
+€2,107
Result 2025
€50,371
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
+€452,728
Investment
-€1.4m
Financing
+€842,093
Cash 2024
€81,078
From operations (derived)
+€452,728
Net result for the year
+€50,371
Depreciation
+€491,792
Receivables within one year
-€21,319
Deferred charges and accrued income
+€3,603
Trade debts
+€4,287
Tax, wage and social debts
-€12,005
Other debts
-€64,044
Accrued charges and deferred income
+€43
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
+€842,093
Debts after one year
+€722,135
Current portion of long-term debt
+€119,784
Short-term financial debts
+€5,274
Contributions, distributions and other
-€5,100
Cash 2025
€6,127
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,473,834 | €2,294,579 | +€820,745 | +55.7% |
| Fixed assets | 21/28 | €1,353,165 | €2,231,144 | +€877,979 | +64.9% |
| Tangible fixed assets | 22/27 | €1,353,165 | €2,231,144 | +€877,979 | +64.9% |
| Land and buildings | 22 | €165,777 | €751,216 | +€585,439 | +353% |
| Plant, machinery and equipment | 23 | €18,358 | €19,148 | +€790 | +4.3% |
| Furniture and vehicles | 24 | €98,614 | €68,081 | -€30,533 | -31.0% |
| Leasing and similar rights | 25 | €962,041 | €1,284,324 | +€322,284 | +33.5% |
| Other tangible fixed assets | 26 | €108,375 | €108,375 | = | 0.0% |
| Current assets | 29/58 | €120,669 | €63,435 | -€57,234 | -47.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €28,716 | €50,035 | +€21,319 | +74.2% |
| Trade receivables | 40 | €8,861 | €2,925 | -€5,936 | -67.0% |
| Other amounts receivable | 41 | €19,855 | €47,110 | +€27,255 | +137% |
| Cash at bank and in hand | 54/58 | €81,078 | €6,127 | -€74,950 | -92.4% |
| Deferred charges and accrued income | 490/1 | €10,876 | €7,273 | -€3,603 | -33.1% |
| Total equity and liabilities | 10/49 | €1,473,834 | €2,294,579 | +€820,745 | +55.7% |
| Equity | 10/15 | €264,877 | €310,148 | +€45,271 | +17.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Revaluation surpluses | 12 | €20,325 | €20,325 | = | 0.0% |
| Reserves | 13 | €231,280 | €281,650 | +€50,371 | +21.8% |
| Distributable reserves | 133 | €231,280 | €281,650 | +€50,371 | +21.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €12,272 | €7,172 | -€5,100 | -41.6% |
| Amounts payable | 17/49 | €1,208,957 | €1,984,431 | +€775,474 | +64.1% |
| Amounts payable after more than one year | 17 | €794,470 | €1,516,605 | +€722,135 | +90.9% |
| Financial debts | 170/4 | €794,470 | €1,516,605 | +€722,135 | +90.9% |
| Amounts payable within one year | 42/48 | €414,355 | €467,652 | +€53,297 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €306,395 | €426,179 | +€119,784 | +39.1% |
| Financial debts | 43 | €0 | €5,274 | +€5,274 | |
| Credit institutions | 430/8 | €0 | €5,274 | +€5,274 | |
| Trade debts | 44 | €18,457 | €22,744 | +€4,287 | +23.2% |
| Suppliers | 440/4 | €18,457 | €22,744 | +€4,287 | +23.2% |
| Taxes, remuneration and social security | 45 | €19,745 | €7,740 | -€12,005 | -60.8% |
| Taxes | 450/3 | €19,745 | €7,740 | -€12,005 | -60.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €69,758 | €5,714 | -€64,044 | -91.8% |
| Accrued charges and deferred income | 492/3 | €132 | €175 | +€43 | +32.2% |
| Non-recurring operating income | 76A | - | €1,138 | +€1,138 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €360,230 | €491,792 | +€131,561 | +36.5% |
| Other operating charges | 640/8 | €73,314 | €13,691 | -€59,623 | -81.3% |
| Gross operating margin | 9900 | €532,056 | €616,107 | +€84,050 | +15.8% |
| Operating profit (loss) | 9901 | €98,512 | €110,624 | +€12,112 | +12.3% |
| Financial income | 75/76B | €13,357 | €5,135 | -€8,222 | -61.6% |
| Recurring financial income | 75 | €13,357 | €5,135 | -€8,222 | -61.6% |
| Financial charges | 65/66B | €53,814 | €58,926 | +€5,112 | +9.5% |
| Recurring financial charges | 65 | €53,814 | €58,926 | +€5,112 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €58,055 | €56,833 | -€1,222 | -2.1% |
| Income taxes | 67/77 | €8,569 | €6,462 | -€2,107 | -24.6% |
| Profit (loss) for the period | 9904 | €49,486 | €50,371 | +€885 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €49,486 | €50,371 | +€885 | +1.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 2 November 2026 via checked.be.