RENT EXCLUSIEF: what changed
RENT EXCLUSIEF
Largest movements
- Tangible fixed assets -€21,907
down €21,907 (-43.0%), from €50,928 to €29,021
of which Furniture and vehicles: -€21,306
- Receivables within one year +€10,280
up €10,280 (+99.9%), from €10,289 to €20,569
of which Other amounts receivable: +€5,153
- Cash -€860
down €860 (-30.3%), from €2,836 to €1,976
mainly Current portion of long-term debt (-€11,872) and Receivables within one year (-€10,280)
- Deferred charges and accrued income +€847
up €847 (+23.5%), from €3,597 to €4,444
- Current portion of long-term debt -€11,872
down €11,872 (-94.2%), from €12,607 to €735
- Profit (loss) carried forward +€2,468
up €2,468 (+16.8%), from -€14,663 to -€12,195
- Other debts -€1,177
down €1,177 (-2.3%), from €52,260 to €51,083
- Debts after one year -€735
down €735 (-100%), from €735 to €0
- Staff costs -€6,038
down €6,038 (-70.8%), from €8,532 to €2,495
- Gross operating margin -€2,652
down €2,652 (-8.5%), from €31,178 to €28,526
- Financial charges -€592
down €592 (-57.6%), from €1,028 to €436
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,834 | €56,194 | -€11,640 | -17.2% |
| Fixed assets | 21/28 | €51,113 | €29,206 | -€21,907 | -42.9% |
| Tangible fixed assets | 22/27 | €50,928 | €29,021 | -€21,907 | -43.0% |
| Land and buildings | 22 | €860 | €372 | -€488 | -56.8% |
| Plant, machinery and equipment | 23 | €1,104 | €990 | -€114 | -10.3% |
| Furniture and vehicles | 24 | €48,964 | €27,658 | -€21,306 | -43.5% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €16,721 | €26,988 | +€10,267 | +61.4% |
| Amounts receivable within one year | 40/41 | €10,289 | €20,569 | +€10,280 | +99.9% |
| Trade receivables | 40 | €10,045 | €15,172 | +€5,127 | +51.0% |
| Other amounts receivable | 41 | €244 | €5,397 | +€5,153 | +2,113% |
| Cash at bank and in hand | 54/58 | €2,836 | €1,976 | -€860 | -30.3% |
| Deferred charges and accrued income | 490/1 | €3,597 | €4,444 | +€847 | +23.5% |
| Total equity and liabilities | 10/49 | €67,834 | €56,194 | -€11,640 | -17.2% |
| Equity | 10/15 | -€663 | €1,805 | +€2,468 | |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,663 | -€12,195 | +€2,468 | +16.8% |
| Amounts payable | 17/49 | €68,498 | €54,389 | -€14,109 | -20.6% |
| Amounts payable after more than one year | 17 | €735 | €0 | -€735 | -100% |
| Financial debts | 170/4 | €735 | €0 | -€735 | -100% |
| Amounts payable within one year | 42/48 | €67,762 | €54,389 | -€13,373 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €12,607 | €735 | -€11,872 | -94.2% |
| Trade debts | 44 | €2,624 | €1,959 | -€665 | -25.3% |
| Suppliers | 440/4 | €2,624 | €1,959 | -€665 | -25.3% |
| Taxes, remuneration and social security | 45 | €271 | €611 | +€341 | +126% |
| Taxes | 450/3 | - | €262 | +€262 | |
| Remuneration and social security | 454/9 | €271 | €349 | +€79 | +29.1% |
| Other amounts payable | 47/48 | €52,260 | €51,083 | -€1,177 | -2.3% |
| Remuneration, social security and pensions | 62 | €8,532 | €2,495 | -€6,038 | -70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,876 | €22,785 | -€91 | -0.4% |
| Other operating charges | 640/8 | €429 | €286 | -€143 | -33.3% |
| Non-recurring operating charges | 66A | €63 | €58 | -€5 | -8.1% |
| Gross operating margin | 9900 | €31,178 | €28,526 | -€2,652 | -8.5% |
| Operating profit (loss) | 9901 | -€722 | €2,903 | +€3,625 | |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €1,028 | €436 | -€592 | -57.6% |
| Recurring financial charges | 65 | €1,028 | €436 | -€592 | -57.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,750 | €2,468 | +€4,218 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,750 | €2,468 | +€4,218 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,750 | €2,468 | +€4,218 |
Next steps
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 4 November 2026 via checked.be.