RedAnt 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.
What changed
RedAnt Renting
NACE 77.399, Renting and leasing of other machinery, equipment and tangible goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€77,637
2024 · €498,334-€420,697
Equity
€1.6m
2024 · €1.6m+€17,637
Cash
€91,360
2024 · €105,107-€13,746
Balance sheet total
€4.5m
2024 · €4.4m+€27,234
Largest movements
Assets
- Stocks and contracts +€220,384
up €220,384 (+15.1%), from €1.5m to €1.7m
- Tangible fixed assets -€156,266
down €156,266 (-13.5%), from €1.2m to €1.0m
Equity and liabilities
- Trade debts +€281,609
up €281,609 (+24.5%), from €1.1m to €1.4m
- Debts after one year -€263,937
down €263,937 (-41.7%), from €633,018 to €369,082
- Short-term financial debts +€100,000
up €100,000 (+33.3%), from €300,000 to €400,000
- Other debts -€53,000
down €53,000 (-16.2%), from €328,000 to €275,000
Income statement
- Gross operating margin -€406,833
down €406,833 (-34.7%), from €1.2m to €764,902
- Taxes -€101,574
down €101,574 (-94.1%), from €107,995 to €6,420
- Other operating charges +€84,577
up €84,577 (+70.9%), from €119,209 to €203,786
- Write-downs +€51,755
new in 2025: €51,755
- Financial charges -€28,972
down €28,972 (-34.1%), from €84,983 to €56,010
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.
Result 2024
€498,334
Gross operating margin
-€406,833
Depreciation
-€15,491
Write-downs
-€51,755
Other operating charges
-€84,577
Other operating items
+€184
Financial income
+€7,229
Financial charges
+€28,972
Taxes
+€101,574
Result 2025
€77,637
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€508,787
Investment
-€280,164
Financing
-€242,370
Cash 2024
€105,107
From operations (derived)
+€508,787
Net result for the year
+€77,637
Depreciation
+€436,430
Stocks and contracts
-€220,384
Receivables within one year
+€23,138
Trade debts
+€281,609
Tax, wage and social debts
-€3,495
Other debts
-€53,000
Accrued charges and deferred income
-€33,147
Investment (derived)
-€280,164
Investment in fixed assets (net)
-€280,164
Financing
-€242,370
Debts after one year
-€263,937
Current portion of long-term debt
-€18,433
Short-term financial debts
+€100,000
Contributions, distributions and other
-€60,000
Cash 2025
€91,360
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,441,822 | €4,469,056 | +€27,234 | +0.6% |
| Fixed assets | 21/28 | €1,491,746 | €1,335,480 | -€156,266 | -10.5% |
| Tangible fixed assets | 22/27 | €1,161,746 | €1,005,480 | -€156,266 | -13.5% |
| Furniture and vehicles | 24 | €1,161,746 | €1,005,480 | -€156,266 | -13.5% |
| Financial fixed assets | 28 | €330,000 | €330,000 | = | 0.0% |
| Current assets | 29/58 | €2,950,076 | €3,133,576 | +€183,500 | +6.2% |
| Stocks and contracts in progress | 3 | €1,463,653 | €1,684,037 | +€220,384 | +15.1% |
| Stocks | 30/36 | €1,463,653 | €1,684,037 | +€220,384 | +15.1% |
| Amounts receivable within one year | 40/41 | €1,381,317 | €1,358,178 | -€23,138 | -1.7% |
| Trade receivables | 40 | €1,381,317 | €1,038,858 | -€342,459 | -24.8% |
| Other amounts receivable | 41 | €0 | €319,320 | +€319,320 | |
| Cash at bank and in hand | 54/58 | €105,107 | €91,360 | -€13,746 | -13.1% |
| Total equity and liabilities | 10/49 | €4,441,822 | €4,469,056 | +€27,234 | +0.6% |
| Equity | 10/15 | €1,586,849 | €1,604,486 | +€17,637 | +1.1% |
| Contributions | 10/11 | €510,000 | €510,000 | = | 0.0% |
| Capital | 10 | €510,000 | €510,000 | = | 0.0% |
| Issued capital | 100 | €510,000 | €510,000 | = | 0.0% |
| Reserves | 13 | €111,000 | €111,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51,000 | €51,000 | = | 0.0% |
| Legal reserve | 130 | €51,000 | €51,000 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €965,849 | €983,486 | +€17,637 | +1.8% |
| Amounts payable | 17/49 | €2,854,973 | €2,864,570 | +€9,597 | +0.3% |
| Amounts payable after more than one year | 17 | €633,018 | €369,082 | -€263,937 | -41.7% |
| Financial debts | 170/4 | €633,018 | €369,082 | -€263,937 | -41.7% |
| Amounts payable within one year | 42/48 | €2,186,508 | €2,493,189 | +€306,680 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €401,153 | €382,720 | -€18,433 | -4.6% |
| Financial debts | 43 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Credit institutions | 430/8 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Trade debts | 44 | €1,147,440 | €1,429,049 | +€281,609 | +24.5% |
| Suppliers | 440/4 | €1,147,440 | €1,429,049 | +€281,609 | +24.5% |
| Taxes, remuneration and social security | 45 | €9,915 | €6,420 | -€3,495 | -35.2% |
| Taxes | 450/3 | €9,915 | €6,420 | -€3,495 | -35.2% |
| Other amounts payable | 47/48 | €328,000 | €275,000 | -€53,000 | -16.2% |
| Accrued charges and deferred income | 492/3 | €35,446 | €2,299 | -€33,147 | -93.5% |
| Non-recurring operating income | 76A | - | €5,728 | +€5,728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €420,939 | €436,430 | +€15,491 | +3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €51,755 | +€51,755 | |
| Other operating charges | 640/8 | €119,209 | €203,786 | +€84,577 | +70.9% |
| Non-recurring operating charges | 66A | €1,184 | €1,000 | -€184 | -15.6% |
| Gross operating margin | 9900 | €1,171,735 | €764,902 | -€406,833 | -34.7% |
| Operating profit (loss) | 9901 | €630,404 | €71,931 | -€558,473 | -88.6% |
| Financial income | 75/76B | €60,908 | €68,137 | +€7,229 | +11.9% |
| Recurring financial income | 75 | €60,908 | €68,137 | +€7,229 | +11.9% |
| Financial charges | 65/66B | €84,983 | €56,010 | -€28,972 | -34.1% |
| Recurring financial charges | 65 | €84,983 | €56,010 | -€28,972 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | €606,329 | €84,057 | -€522,271 | -86.1% |
| Income taxes | 67/77 | €107,995 | €6,420 | -€101,574 | -94.1% |
| Profit (loss) for the period | 9904 | €498,334 | €77,637 | -€420,697 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €498,334 | €77,637 | -€420,697 | -84.4% |
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.