RENTACAT: 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.
RENTACAT
Largest movements
- Tangible fixed assets -€71,560
down €71,560 (-7.5%), from €953,594 to €882,034
of which Leasing and similar rights: -€41,721
- Deferred charges and accrued income +€55,391
up €55,391 (+278%), from €19,904 to €75,295
- Receivables within one year +€53,270
up €53,270 (+81.0%), from €65,743 to €119,013
of which Trade receivables: +€39,495
- Cash -€29,368
down €29,368 (-17.7%), from €166,096 to €136,728
mainly Investment in fixed assets (net) (-€142,690) and Debts after one year (-€92,065)
- Debts after one year -€92,065
down €92,065 (-15.9%), from €579,447 to €487,382
- Reserves +€44,927
up €44,927 (+13.5%), from €332,906 to €377,833
of which Distributable reserves: +€44,927
- Other debts +€41,396
up €41,396 (+311%), from €13,308 to €54,703
- Trade debts +€18,133
up €18,133 (+170%), from €10,640 to €28,773
- Gross operating margin -€40,335
down €40,335 (-9.1%), from €442,352 to €402,018
- Write-downs -€21,725
down €21,725, from €21,054 to -€672
- Depreciation +€6,376
up €6,376 (+3.2%), from €200,698 to €207,074
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,207,130 | €1,222,038 | +€14,908 | +1.2% |
| Fixed assets | 21/28 | €955,387 | €891,003 | -€64,385 | -6.7% |
| Intangible fixed assets | 21 | €1,794 | €8,969 | +€7,175 | +400% |
| Tangible fixed assets | 22/27 | €953,594 | €882,034 | -€71,560 | -7.5% |
| Land and buildings | 22 | €264,690 | €231,166 | -€33,524 | -12.7% |
| Plant, machinery and equipment | 23 | €544,950 | €555,260 | +€10,310 | +1.9% |
| Furniture and vehicles | 24 | €15,467 | €8,842 | -€6,625 | -42.8% |
| Leasing and similar rights | 25 | €128,487 | €86,765 | -€41,721 | -32.5% |
| Current assets | 29/58 | €251,743 | €331,035 | +€79,293 | +31.5% |
| Amounts receivable within one year | 40/41 | €65,743 | €119,013 | +€53,270 | +81.0% |
| Trade receivables | 40 | €60,866 | €100,361 | +€39,495 | +64.9% |
| Other amounts receivable | 41 | €4,876 | €18,651 | +€13,775 | +282% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €166,096 | €136,728 | -€29,368 | -17.7% |
| Deferred charges and accrued income | 490/1 | €19,904 | €75,295 | +€55,391 | +278% |
| Total equity and liabilities | 10/49 | €1,207,130 | €1,222,038 | +€14,908 | +1.2% |
| Equity | 10/15 | €394,880 | €439,807 | +€44,927 | +11.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €332,906 | €377,833 | +€44,927 | +13.5% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €326,709 | €371,636 | +€44,927 | +13.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €812,251 | €782,232 | -€30,019 | -3.7% |
| Amounts payable after more than one year | 17 | €579,447 | €487,382 | -€92,065 | -15.9% |
| Financial debts | 170/4 | €579,447 | €487,382 | -€92,065 | -15.9% |
| Amounts payable within one year | 42/48 | €232,804 | €293,980 | +€61,176 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €201,061 | €195,369 | -€5,691 | -2.8% |
| Financial debts | 43 | €3,382 | €3,404 | +€22 | +0.6% |
| Credit institutions | 430/8 | €3,382 | €3,404 | +€22 | +0.6% |
| Trade debts | 44 | €10,640 | €28,773 | +€18,133 | +170% |
| Suppliers | 440/4 | €10,640 | €28,773 | +€18,133 | +170% |
| Taxes, remuneration and social security | 45 | €4,414 | €11,730 | +€7,316 | +166% |
| Taxes | 450/3 | €621 | €11,730 | +€11,109 | +1,788% |
| Remuneration and social security | 454/9 | €3,793 | €0 | -€3,793 | -100% |
| Other amounts payable | 47/48 | €13,308 | €54,703 | +€41,396 | +311% |
| Accrued charges and deferred income | 492/3 | €0 | €870 | +€870 | |
| Non-recurring operating income | 76A | €96,816 | €12,763 | -€84,054 | -86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,698 | €207,074 | +€6,376 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,054 | -€672 | -€21,725 | |
| Other operating charges | 640/8 | €18,153 | €17,186 | -€967 | -5.3% |
| Non-recurring operating charges | 66A | €10,245 | €6,814 | -€3,430 | -33.5% |
| Gross operating margin | 9900 | €442,352 | €402,018 | -€40,335 | -9.1% |
| Operating profit (loss) | 9901 | €192,202 | €171,614 | -€20,588 | -10.7% |
| Financial income | 75/76B | €250 | €623 | +€372 | +149% |
| Recurring financial income | 75 | €250 | €623 | +€372 | +149% |
| Financial charges | 65/66B | €35,449 | €32,071 | -€3,378 | -9.5% |
| Recurring financial charges | 65 | €35,449 | €32,071 | -€3,378 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €157,004 | €140,166 | -€16,838 | -10.7% |
| Income taxes | 67/77 | €42,624 | €41,349 | -€1,275 | -3.0% |
| Profit (loss) for the period | 9904 | €114,380 | €98,817 | -€15,563 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €114,380 | €98,817 | -€15,563 | -13.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.