Open Renting: what changed
Open Renting
Largest movements
- Receivables within one year +€71,762
up €71,762 (+32.6%), from €220,244 to €292,006
of which Other amounts receivable: +€42,621
- Cash -€30,575
down €30,575 (-79.1%), from €38,653 to €8,078
mainly Debts after one year (-€90,583) and Receivables within one year (-€71,762)
- Tangible fixed assets -€28,370
down €28,370 (-13.4%), from €211,210 to €182,840
of which Other tangible fixed assets: -€42,097
- Deferred charges and accrued income -€18,816
down €18,816 (-100%), from €18,816 to €0
- Debts after one year -€90,583
down €90,583 (-28.0%), from €323,425 to €232,842
of which Financial debts: -€90,583
- Profit (loss) carried forward +€52,734
up €52,734 (+14.6%), from -€361,952 to -€309,219
- Current portion of long-term debt +€37,795
up €37,795 (+32.8%), from €115,198 to €152,993
- Accrued charges and deferred income -€8,866
down €8,866 (-100%), from €8,866 to €0
- Trade debts +€8,162
up €8,162, from €0 to €8,162
- Depreciation -€108,304
down €108,304 (-68.3%), from €158,604 to €50,301
- Gross operating margin +€33,345
up €33,345 (+48.5%), from €68,811 to €102,155
- Financial charges -€20,401
down €20,401 (-94.4%), from €21,616 to €1,215
- Financial income +€4,933
up €4,933, from €0 to €4,933
- Other operating charges -€1,135
down €1,135 (-34.9%), from €3,254 to €2,119
Change in the result, 2022 to 2023
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 2022 and 2023 balance sheets and the 2023 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 | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €491,923 | €488,943 | -€2,979 | -0.6% |
| Fixed assets | 21/28 | €214,210 | €188,860 | -€25,351 | -11.8% |
| Tangible fixed assets | 22/27 | €211,210 | €182,840 | -€28,370 | -13.4% |
| Plant, machinery and equipment | 23 | €26,115 | €17,752 | -€8,363 | -32.0% |
| Furniture and vehicles | 24 | - | €22,089 | +€22,089 | |
| Other tangible fixed assets | 26 | €185,096 | €142,998 | -€42,097 | -22.7% |
| Financial fixed assets | 28 | €3,000 | €6,020 | +€3,020 | +101% |
| Current assets | 29/58 | €277,712 | €300,084 | +€22,372 | +8.1% |
| Amounts receivable within one year | 40/41 | €220,244 | €292,006 | +€71,762 | +32.6% |
| Trade receivables | 40 | €69,533 | €98,674 | +€29,141 | +41.9% |
| Other amounts receivable | 41 | €150,711 | €193,332 | +€42,621 | +28.3% |
| Cash at bank and in hand | 54/58 | €38,653 | €8,078 | -€30,575 | -79.1% |
| Deferred charges and accrued income | 490/1 | €18,816 | €0 | -€18,816 | -100% |
| Total equity and liabilities | 10/49 | €491,923 | €488,943 | -€2,979 | -0.6% |
| Equity | 10/15 | €38,048 | €90,781 | +€52,734 | +139% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€361,952 | -€309,219 | +€52,734 | +14.6% |
| Amounts payable | 17/49 | €453,875 | €398,162 | -€55,713 | -12.3% |
| Amounts payable after more than one year | 17 | €323,425 | €232,842 | -€90,583 | -28.0% |
| Financial debts | 170/4 | €302,378 | €211,795 | -€90,583 | -30.0% |
| Other amounts payable | 178/9 | €21,047 | €21,047 | = | 0.0% |
| Amounts payable within one year | 42/48 | €121,585 | €165,320 | +€43,736 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | €115,198 | €152,993 | +€37,795 | +32.8% |
| Trade debts | 44 | €0 | €8,162 | +€8,162 | |
| Suppliers | 440/4 | €0 | €8,162 | +€8,162 | |
| Taxes, remuneration and social security | 45 | €0 | €1,302 | +€1,302 | |
| Taxes | 450/3 | €0 | €1,302 | +€1,302 | |
| Other amounts payable | 47/48 | €6,387 | €2,863 | -€3,524 | -55.2% |
| Accrued charges and deferred income | 492/3 | €8,866 | €0 | -€8,866 | -100% |
| Non-recurring operating income | 76A | €7,960 | €47,833 | +€39,873 | +501% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,604 | €50,301 | -€108,304 | -68.3% |
| Other operating charges | 640/8 | €3,254 | €2,119 | -€1,135 | -34.9% |
| Non-recurring operating charges | 66A | €12,609 | €720 | -€11,889 | -94.3% |
| Gross operating margin | 9900 | €68,811 | €102,155 | +€33,345 | +48.5% |
| Operating profit (loss) | 9901 | -€105,656 | €49,016 | +€154,672 | |
| Financial income | 75/76B | €0 | €4,933 | +€4,933 | |
| Recurring financial income | 75 | €0 | €4,933 | +€4,933 | |
| Financial charges | 65/66B | €21,616 | €1,215 | -€20,401 | -94.4% |
| Recurring financial charges | 65 | €21,616 | €1,215 | -€20,401 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | -€127,272 | €52,734 | +€180,006 | |
| Profit (loss) for the period | 9904 | -€127,272 | €52,734 | +€180,006 | |
| Profit (loss) for the period to be appropriated | 9905 | -€127,272 | €52,734 | +€180,006 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.