RENT-CONSTRUCT: what changed
Two fiscal 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.
RENT-CONSTRUCT
Largest movements
- Cash +€25,105
up €25,105 (+136.9%), from €18,343 to €43,448
mainly Net result for the year (+€21,668) and Depreciation (+€6,676)
- Tangible fixed assets -€5,577
down €5,577 (-4.1%), from €135,195 to €129,618
of which Land and buildings: -€6,675
- Profit (loss) carried forward +€19,272
up €19,272, from -€19,272 to €0
- Current portion of long-term debt -€4,669
down €4,669 (-100.0%), from €4,669 to €0
- Trade debts +€3,121
new in 2025: €3,121
- Reserves +€2,395
new in 2025: €2,395
- Advances received -€2,190
down €2,190 (-75.0%), from €2,920 to €730
- Taxes +€1,531
new in 2025: €1,531
- Gross operating margin +€1,310
up €1,310 (+4.0%), from €32,693 to €34,002
- Financial charges -€1,243
down €1,243 (-33.4%), from €3,721 to €2,478
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.
Cash bridge derived
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 | €154,964 | €174,404 | +€19,440 | +12.5% |
| Fixed assets | 21/28 | €135,195 | €129,618 | -€5,577 | -4.1% |
| Tangible fixed assets | 22/27 | €135,195 | €129,618 | -€5,577 | -4.1% |
| Land and buildings | 22 | €135,195 | €128,521 | -€6,675 | -4.9% |
| Furniture and vehicles | 24 | - | €1,097 | +€1,097 | |
| Current assets | 29/58 | €19,769 | €44,787 | +€25,018 | +126.6% |
| Amounts receivable within one year | 40/41 | €1,426 | €1,339 | -€87 | -6.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,426 | €1,339 | -€87 | -6.1% |
| Cash at bank and in hand | 54/58 | €18,343 | €43,448 | +€25,105 | +136.9% |
| Total equity and liabilities | 10/49 | €154,964 | €174,404 | +€19,440 | +12.5% |
| Equity | 10/15 | €112,728 | €134,395 | +€21,668 | +19.2% |
| Contributions | 10/11 | €132,000 | €132,000 | = | 0.0% |
| Reserves | 13 | - | €2,395 | +€2,395 | |
| Distributable reserves | 133 | - | €2,395 | +€2,395 | |
| Profit (loss) carried forward | 14 | -€19,272 | €0 | +€19,272 | |
| Amounts payable | 17/49 | €42,236 | €40,009 | -€2,227 | -5.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €42,236 | €40,009 | -€2,227 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €4,669 | €0 | -€4,669 | -100.0% |
| Trade debts | 44 | - | €3,121 | +€3,121 | |
| Suppliers | 440/4 | - | €3,121 | +€3,121 | |
| Advances received on contracts in progress | 46 | €2,920 | €730 | -€2,190 | -75.0% |
| Taxes, remuneration and social security | 45 | €854 | €2,206 | +€1,353 | +158.5% |
| Taxes | 450/3 | €854 | €2,206 | +€1,353 | +158.5% |
| Other amounts payable | 47/48 | €33,794 | €33,952 | +€159 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,675 | €6,676 | +€2 | 0.0% |
| Other operating charges | 640/8 | €1,626 | €1,678 | +€51 | +3.2% |
| Gross operating margin | 9900 | €32,693 | €34,002 | +€1,310 | +4.0% |
| Operating profit (loss) | 9901 | €24,392 | €25,648 | +€1,256 | +5.2% |
| Financial income | 75/76B | €17 | €29 | +€12 | +69.1% |
| Recurring financial income | 75 | €17 | €29 | +€12 | +69.1% |
| Financial charges | 65/66B | €3,721 | €2,478 | -€1,243 | -33.4% |
| Recurring financial charges | 65 | €3,721 | €2,478 | -€1,243 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €20,687 | €23,199 | +€2,511 | +12.1% |
| Income taxes | 67/77 | - | €1,531 | +€1,531 | |
| Profit (loss) for the period | 9904 | €20,687 | €21,668 | +€980 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,687 | €21,668 | +€980 | +4.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.