RENTALIFT: 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
RENTALIFT
NACE 77.320, Rental and leasing activities
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€487,697
2025 · €557,715-€70,019
Equity
€2.6m
2025 · €2.1m+€487,697
Cash
€1.5m
2025 · €1.5m+€1,094
Balance sheet total
€3.9m
2025 · €4.6m-€674,913
Largest movements
Assets
- Receivables within one year -€637,532
down €637,532 (-29.8%), from €2.1m to €1.5m
of which Trade receivables: -€682,561
Equity and liabilities
- Other debts -€750,000
down €750,000 (-99.3%), from €755,203 to €5,203
- Profit (loss) carried forward +€487,697
up €487,697 (+71.6%), from €681,575 to €1.2m
- Trade debts -€325,605
down €325,605 (-25.2%), from €1.3m to €968,353
- Accrued charges and deferred income -€46,311
down €46,311 (-40.0%), from €115,722 to €69,411
Income statement
- Turnover -€772,380
down €772,380 (-7.1%), from €10.9m to €10.2m
- Purchases and services -€700,829
down €700,829 (-7.4%), from €9.5m to €8.8m
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.
Result 2025
€557,715
Gross operating margin
-€69,496
Staff costs
-€16,778
Depreciation
-€4,816
Write-downs
-€30,563
Other operating charges
+€10,553
Other operating items
-€1,948
Financial income
+€8,971
Financial charges
-€218
Taxes
+€34,276
Result 2026
€487,697
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€72,038
Investment
-€70,944
Financing
€0
Cash 2025
€1.5m
From operations (derived)
+€72,038
Net result for the year
+€487,697
Depreciation
+€69,490
Stocks and contracts
+€4,824
Receivables within one year
+€637,532
Deferred charges and accrued income
+€35,105
Trade debts
-€325,605
Tax, wage and social debts
-€40,693
Other debts
-€750,000
Accrued charges and deferred income
-€46,311
Investment (derived)
-€70,944
Investment in fixed assets (net)
-€70,944
Cash 2026
€1.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,553,961 | €3,879,048 | -€674,913 | -14.8% |
| Fixed assets | 21/28 | €119,856 | €121,310 | +€1,454 | +1.2% |
| Intangible fixed assets | 21 | €8,798 | €3,898 | -€4,900 | -55.7% |
| Tangible fixed assets | 22/27 | €99,261 | €105,615 | +€6,354 | +6.4% |
| Plant, machinery and equipment | 23 | €6,917 | €18,822 | +€11,905 | +172% |
| Furniture and vehicles | 24 | €90,397 | €79,038 | -€11,359 | -12.6% |
| Other tangible fixed assets | 26 | €1,948 | €7,755 | +€5,807 | +298% |
| Financial fixed assets | 28 | €11,797 | €11,797 | = | 0.0% |
| Current assets | 29/58 | €4,434,105 | €3,757,739 | -€676,366 | -15.3% |
| Stocks and contracts in progress | 3 | €734,962 | €730,138 | -€4,824 | -0.7% |
| Stocks | 30/36 | €734,962 | €730,138 | -€4,824 | -0.7% |
| Amounts receivable within one year | 40/41 | €2,138,106 | €1,500,574 | -€637,532 | -29.8% |
| Trade receivables | 40 | €2,112,629 | €1,430,068 | -€682,561 | -32.3% |
| Other amounts receivable | 41 | €25,476 | €70,506 | +€45,029 | +177% |
| Cash at bank and in hand | 54/58 | €1,512,833 | €1,513,927 | +€1,094 | +0.1% |
| Deferred charges and accrued income | 490/1 | €48,205 | €13,100 | -€35,105 | -72.8% |
| Total equity and liabilities | 10/49 | €4,553,961 | €3,879,048 | -€674,913 | -14.8% |
| Equity | 10/15 | €2,097,825 | €2,585,522 | +€487,697 | +23.2% |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Reserves | 13 | €216,250 | €216,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €120,000 | €120,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €120,000 | €120,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €96,250 | €96,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €681,575 | €1,169,272 | +€487,697 | +71.6% |
| Amounts payable | 17/49 | €2,456,136 | €1,293,527 | -€1.2m | -47.3% |
| Amounts payable within one year | 42/48 | €2,340,414 | €1,224,116 | -€1.1m | -47.7% |
| Trade debts | 44 | €1,293,957 | €968,353 | -€325,605 | -25.2% |
| Suppliers | 440/4 | €1,293,957 | €968,353 | -€325,605 | -25.2% |
| Taxes, remuneration and social security | 45 | €291,253 | €250,560 | -€40,693 | -14.0% |
| Taxes | 450/3 | €234,877 | €195,430 | -€39,446 | -16.8% |
| Remuneration and social security | 454/9 | €56,377 | €55,130 | -€1,247 | -2.2% |
| Other amounts payable | 47/48 | €755,203 | €5,203 | -€750,000 | -99.3% |
| Accrued charges and deferred income | 492/3 | €115,722 | €69,411 | -€46,311 | -40.0% |
| Turnover | 70 | €10,932,653 | €10,160,273 | -€772,380 | -7.1% |
| Non-recurring operating income | 76A | - | €2,055 | +€2,055 | |
| Goods, raw materials, services and sundry goods | 60/61 | €9,514,440 | €8,813,611 | -€700,829 | -7.4% |
| Remuneration, social security and pensions | 62 | €565,731 | €582,509 | +€16,778 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,674 | €69,490 | +€4,816 | +7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,685 | €32,249 | +€30,563 | +1,813% |
| Other operating charges | 640/8 | €30,325 | €19,771 | -€10,553 | -34.8% |
| Non-recurring operating charges | 66A | - | €1,948 | +€1,948 | |
| Gross operating margin | 9900 | €1,418,213 | €1,348,717 | -€69,496 | -4.9% |
| Operating profit (loss) | 9901 | €755,798 | €642,750 | -€113,047 | -15.0% |
| Financial income | 75/76B | €3,839 | €12,810 | +€8,971 | +234% |
| Recurring financial income | 75 | €3,839 | €12,810 | +€8,971 | +234% |
| Financial charges | 65/66B | €1,064 | €1,282 | +€218 | +20.5% |
| Recurring financial charges | 65 | €1,064 | €1,282 | +€218 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €758,573 | €654,278 | -€104,295 | -13.7% |
| Income taxes | 67/77 | €200,857 | €166,581 | -€34,276 | -17.1% |
| Profit (loss) for the period | 9904 | €557,715 | €487,697 | -€70,019 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €557,715 | €487,697 | -€70,019 | -12.6% |
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 15 October 2026 via checked.be.