RENTA PUB: 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.
RENTA PUB
Largest movements
- Financial fixed assets +€273,658
up €273,658 (+3,531%), from €7,750 to €281,408
- Receivables after one year -€272,345
down €272,345 (-87.4%), from €311,735 to €39,390
- Deferred charges and accrued income +€89,099
up €89,099 (+4,454%), from €2,000 to €91,100
- Receivables within one year -€66,382
down €66,382 (-43.7%), from €151,767 to €85,384
of which Other amounts receivable: -€73,245
- Tangible fixed assets -€6,050
down €6,050 (-72.3%), from €8,371 to €2,321
- Reserves +€248,000
up €248,000 (+224%), from €110,700 to €358,700
of which Distributable reserves: +€248,000
- Other debts -€248,000
no longer reported in 2025 (was €248,000)
- Trade debts +€21,616
up €21,616 (+59.6%), from €36,256 to €57,872
- Advances received +€11,565
up €11,565 (+119%), from €9,750 to €21,315
- Profit (loss) carried forward -€10,441
down €10,441, from €283 to -€10,158
- Turnover -€305,231
no longer reported in 2025 (was €305,231)
- Purchases and services -€281,177
no longer reported in 2025 (was €281,177)
- Staff costs -€32,503
down €32,503 (-73.1%), from €44,433 to €11,930
- Gross operating margin -€29,292
down €29,292 (-56.0%), from €52,267 to €22,975
- Taxes +€12,399
up €12,399, from -€22 to €12,377
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,171 | €502,541 | +€18,370 | +3.8% |
| Fixed assets | 21/28 | €16,121 | €283,729 | +€267,608 | +1,660% |
| Tangible fixed assets | 22/27 | €8,371 | €2,321 | -€6,050 | -72.3% |
| Plant, machinery and equipment | 23 | €2,400 | - | -€2,400 | |
| Furniture and vehicles | 24 | €2,633 | €1,153 | -€1,481 | -56.2% |
| Other tangible fixed assets | 26 | €3,338 | €1,169 | -€2,169 | -65.0% |
| Financial fixed assets | 28 | €7,750 | €281,408 | +€273,658 | +3,531% |
| Current assets | 29/58 | €468,049 | €218,812 | -€249,238 | -53.3% |
| Amounts receivable after more than one year | 29 | €311,735 | €39,390 | -€272,345 | -87.4% |
| Other amounts receivable | 291 | €311,735 | €39,390 | -€272,345 | -87.4% |
| Amounts receivable within one year | 40/41 | €151,767 | €85,384 | -€66,382 | -43.7% |
| Trade receivables | 40 | €64,957 | €71,820 | +€6,863 | +10.6% |
| Other amounts receivable | 41 | €86,810 | €13,565 | -€73,245 | -84.4% |
| Cash at bank and in hand | 54/58 | €2,547 | €2,938 | +€390 | +15.3% |
| Deferred charges and accrued income | 490/1 | €2,000 | €91,100 | +€89,099 | +4,454% |
| Total equity and liabilities | 10/49 | €484,171 | €502,541 | +€18,370 | +3.8% |
| Equity | 10/15 | €172,983 | €410,542 | +€237,559 | +137% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €110,700 | €358,700 | +€248,000 | +224% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €104,500 | €352,500 | +€248,000 | +237% |
| Profit (loss) carried forward | 14 | €283 | -€10,158 | -€10,441 | |
| Amounts payable | 17/49 | €311,188 | €91,999 | -€219,189 | -70.4% |
| Amounts payable within one year | 42/48 | €311,188 | €89,816 | -€221,372 | -71.1% |
| Current portion of amounts payable after more than one year | 42 | €881 | - | -€881 | |
| Trade debts | 44 | €36,256 | €57,872 | +€21,616 | +59.6% |
| Suppliers | 440/4 | €36,256 | €57,872 | +€21,616 | +59.6% |
| Advances received on contracts in progress | 46 | €9,750 | €21,315 | +€11,565 | +119% |
| Taxes, remuneration and social security | 45 | €16,301 | €10,629 | -€5,672 | -34.8% |
| Taxes | 450/3 | €5,861 | €10,629 | +€4,768 | +81.4% |
| Remuneration and social security | 454/9 | €10,440 | - | -€10,440 | |
| Other amounts payable | 47/48 | €248,000 | - | -€248,000 | |
| Accrued charges and deferred income | 492/3 | - | €2,183 | +€2,183 | |
| Turnover | 70 | €305,231 | - | -€305,231 | |
| Goods, raw materials, services and sundry goods | 60/61 | €281,177 | - | -€281,177 | |
| Remuneration, social security and pensions | 62 | €44,433 | €11,930 | -€32,503 | -73.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,886 | €6,050 | -€5,836 | -49.1% |
| Other operating charges | 640/8 | €11,021 | €3,536 | -€7,485 | -67.9% |
| Gross operating margin | 9900 | €52,267 | €22,975 | -€29,292 | -56.0% |
| Operating profit (loss) | 9901 | -€15,073 | €1,459 | +€16,532 | |
| Financial income | 75/76B | €3,567 | €1,364 | -€2,203 | -61.8% |
| Recurring financial income | 75 | €3,567 | €1,364 | -€2,203 | -61.8% |
| Financial charges | 65/66B | €1,433 | €842 | -€591 | -41.3% |
| Recurring financial charges | 65 | €1,433 | €842 | -€591 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,939 | €1,981 | +€14,920 | |
| Income taxes | 67/77 | -€22 | €12,377 | +€12,399 | |
| Profit (loss) for the period | 9904 | -€12,917 | -€10,396 | +€2,521 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,917 | -€10,396 | +€2,521 | +19.5% |
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 27 October 2026 via checked.be.