Rent 2 Work: 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
Rent 2 Work
NACE 46.180, Agents specialised in the wholesale of other particular products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€122,859
2024 · €161,403-€38,543
Equity
€415,730
2024 · €292,870+€122,859
Cash
€8,079
2024 · €72,069-€63,990
Balance sheet total
€4.9m
2024 · €4.7m+€142,905
Largest movements
Assets
- Tangible fixed assets +€254,660
up €254,660 (+17.5%), from €1.5m to €1.7m
of which Land and buildings: +€302,006
- Cash -€63,990
down €63,990 (-88.8%), from €72,069 to €8,079
mainly Investment in fixed assets (net) (-€347,485) and Short-term financial debts (-€90,000)
Equity and liabilities
- Reserves +€122,859
up €122,859 (+43.8%), from €280,470 to €403,330
of which Distributable reserves: +€122,859
- Short-term financial debts -€90,000
no longer reported in 2025 (was €90,000)
- Other debts +€50,000
up €50,000 (+2.4%), from €2.1m to €2.2m
Income statement
- Financial income -€120,052
down €120,052 (-57.2%), from €210,052 to €90,000
- Other operating income +€64,467
up €64,467 (+403%), from €16,000 to €80,467
- Financial charges +€45,962
up €45,962 (+132%), from €34,809 to €80,770
- Depreciation -€39,439
down €39,439 (-29.8%), from €132,264 to €92,825
- Services and other goods -€7,548
down €7,548 (-16.1%), from €46,781 to €39,233
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
€161,403
Turnover
+€6,569
Other operating income
+€64,467
Goods and materials
+€3,253
Services and other goods
+€7,548
Depreciation
+€39,439
Write-downs
+€4,809
Other operating charges
+€1,411
Financial income
-€120,052
Financial charges
-€45,962
Taxes
-€27
Result 2025
€122,859
raises the resultlowers the result
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
+€324,218
Investment
-€347,485
Financing
-€40,723
Cash 2024
€72,069
From operations (derived)
+€324,218
Net result for the year
+€122,859
Depreciation
+€92,825
Receivables within one year
+€28,802
Deferred charges and accrued income
+€18,963
Trade debts
+€10,191
Tax, wage and social debts
-€943
Other debts
+€50,000
Accrued charges and deferred income
+€1,521
Investment (derived)
-€347,485
Investment in fixed assets (net)
-€347,485
Financing
-€40,723
Debts after one year
+€29,084
Current portion of long-term debt
+€20,193
Short-term financial debts
-€90,000
Cash 2025
€8,079
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,708,879 | €4,851,784 | +€142,905 | +3.0% |
| Fixed assets | 21/28 | €4,103,501 | €4,358,161 | +€254,660 | +6.2% |
| Tangible fixed assets | 22/27 | €1,454,501 | €1,709,161 | +€254,660 | +17.5% |
| Land and buildings | 22 | €1,252,126 | €1,554,132 | +€302,006 | +24.1% |
| Plant, machinery and equipment | 23 | €58,185 | €40,658 | -€17,527 | -30.1% |
| Leasing and similar rights | 25 | €143,858 | €114,370 | -€29,488 | -20.5% |
| Other tangible fixed assets | 26 | €331 | - | -€331 | |
| Financial fixed assets | 28 | €2,649,000 | €2,649,000 | = | 0.0% |
| Affiliated companies | 280/1 | €2,649,000 | €2,649,000 | = | 0.0% |
| Participating interests | 280 | €2,649,000 | €2,649,000 | = | 0.0% |
| Current assets | 29/58 | €605,378 | €493,624 | -€111,754 | -18.5% |
| Stocks and contracts in progress | 3 | €550 | €550 | = | 0.0% |
| Stocks | 30/36 | €550 | €550 | = | 0.0% |
| Goods purchased for resale | 34 | €550 | €550 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €83,099 | €54,297 | -€28,802 | -34.7% |
| Trade receivables | 40 | €83,099 | €51,797 | -€31,302 | -37.7% |
| Other amounts receivable | 41 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €72,069 | €8,079 | -€63,990 | -88.8% |
| Deferred charges and accrued income | 490/1 | €449,661 | €430,698 | -€18,963 | -4.2% |
| Total equity and liabilities | 10/49 | €4,708,879 | €4,851,784 | +€142,905 | +3.0% |
| Equity | 10/15 | €292,870 | €415,730 | +€122,859 | +42.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €280,470 | €403,330 | +€122,859 | +43.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €278,610 | €401,470 | +€122,859 | +44.1% |
| Amounts payable | 17/49 | €4,416,009 | €4,436,055 | +€20,046 | +0.5% |
| Amounts payable after more than one year | 17 | €1,959,111 | €1,988,195 | +€29,084 | +1.5% |
| Financial debts | 170/4 | €1,959,111 | €1,988,195 | +€29,084 | +1.5% |
| Leasing and similar obligations | 172 | €124,949 | €92,484 | -€32,465 | -26.0% |
| Credit institutions | 173 | €1,834,161 | €1,895,711 | +€61,549 | +3.4% |
| Amounts payable within one year | 42/48 | €2,450,114 | €2,439,555 | -€10,559 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €240,161 | €260,354 | +€20,193 | +8.4% |
| Financial debts | 43 | €90,000 | - | -€90,000 | |
| Credit institutions | 430/8 | €90,000 | - | -€90,000 | |
| Trade debts | 44 | €10,554 | €20,745 | +€10,191 | +96.6% |
| Suppliers | 440/4 | €10,554 | €20,745 | +€10,191 | +96.6% |
| Taxes, remuneration and social security | 45 | €9,399 | €8,455 | -€943 | -10.0% |
| Taxes | 450/3 | €9,399 | €8,455 | -€943 | -10.0% |
| Other amounts payable | 47/48 | €2,100,000 | €2,150,000 | +€50,000 | +2.4% |
| Accrued charges and deferred income | 492/3 | €6,784 | €8,305 | +€1,521 | +22.4% |
| Operating income | 70/76A | €240,560 | €311,597 | +€71,036 | +29.5% |
| Turnover | 70 | €224,560 | €231,129 | +€6,569 | +2.9% |
| Other operating income | 74 | €16,000 | €80,467 | +€64,467 | +403% |
| Operating charges | 60/66A | €254,401 | €197,940 | -€56,461 | -22.2% |
| Goods for resale, raw materials and consumables | 60 | €68,459 | €65,205 | -€3,253 | -4.8% |
| Purchases | 600/8 | €67,359 | €65,205 | -€2,153 | -3.2% |
| Change in stocks: decrease (increase) | 609 | €1,100 | - | -€1,100 | |
| Services and other goods | 61 | €46,781 | €39,233 | -€7,548 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,264 | €92,825 | -€39,439 | -29.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€4,809 | -€4,809 | |
| Other operating charges | 640/8 | €6,897 | €5,486 | -€1,411 | -20.5% |
| Operating profit (loss) | 9901 | -€13,841 | €113,657 | +€127,498 | |
| Financial income | 75/76B | €210,052 | €90,000 | -€120,052 | -57.2% |
| Recurring financial income | 75 | €210,052 | €90,000 | -€120,052 | -57.2% |
| Income from financial fixed assets | 750 | €210,000 | €90,000 | -€120,000 | -57.1% |
| Income from current assets | 751 | €52 | - | -€52 | |
| Financial charges | 65/66B | €34,809 | €80,770 | +€45,962 | +132% |
| Recurring financial charges | 65 | €34,809 | €80,770 | +€45,962 | +132% |
| Debt charges | 650 | €27,130 | €79,135 | +€52,005 | +192% |
| Other financial charges | 652/9 | €7,679 | €1,635 | -€6,044 | -78.7% |
| Profit (loss) for the period before taxes | 9903 | €161,403 | €122,886 | -€38,516 | -23.9% |
| Income taxes | 67/77 | - | €27 | +€27 | |
| Taxes | 670/3 | - | €27 | +€27 | |
| Profit (loss) for the period | 9904 | €161,403 | €122,859 | -€38,543 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €161,403 | €122,859 | -€38,543 | -23.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.