Rentaltec: 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
Rentaltec
NACE 26.510, Manufacture of computer, electronic and optical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€262,511
2024 · -€525,745+€263,235
Equity
€368,725
2024 · €631,235-€262,511
Cash
€1.0m
2024 · €342,984+€678,613
Balance sheet total
€9.9m
2024 · €9.7m+€221,512
Largest movements
Assets
- Cash +€678,613
up €678,613 (+198%), from €342,984 to €1.0m
mainly Depreciation (+€2.8m) and Trade debts (+€671,418)
- Tangible fixed assets -€487,618
down €487,618 (-6.8%), from €7.1m to €6.6m
of which Leasing and similar rights: -€548,599
- Financial fixed assets +€349,166
up €349,166 (+1,397%), from €25,000 to €374,166
- Receivables after one year -€208,919
down €208,919 (-100%), from €208,919 to €0
- Receivables within one year -€144,890
down €144,890 (-8.4%), from €1.7m to €1.6m
of which Other amounts receivable: -€130,225
Equity and liabilities
- Debts after one year -€938,047
down €938,047 (-17.7%), from €5.3m to €4.4m
- Trade debts +€671,418
up €671,418 (+63.9%), from €1.1m to €1.7m
- Current portion of long-term debt +€513,508
up €513,508 (+30.4%), from €1.7m to €2.2m
- Profit (loss) carried forward -€262,511
down €262,511 (-43.1%), from -€608,466 to -€870,976
- Other debts +€145,085
up €145,085 (+33.6%), from €431,578 to €576,662
Income statement
- Depreciation -€527,201
down €527,201 (-15.7%), from €3.4m to €2.8m
- Staff costs +€156,150
up €156,150 (+8.7%), from €1.8m to €2.0m
- Write-downs -€141,199
down €141,199 (-94.5%), from €149,386 to €8,187
- Financial charges -€113,107
down €113,107 (-18.6%), from €608,899 to €495,792
- Gross operating margin -€110,908
down €110,908 (-2.1%), from €5.4m to €5.3m
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.
Result 2024
-€525,745
Gross operating margin
-€110,908
Staff costs
-€156,150
Depreciation
+€527,201
Write-downs
+€141,199
Provisions
-€77,912
Other operating charges
-€77
Other operating items
-€193,792
Financial income
+€20,597
Financial charges
+€113,107
Taxes
-€29
Result 2025
-€262,511
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.8m
Investment
-€2.7m
Financing
-€424,539
Cash 2024
€342,984
From operations (derived)
+€3.8m
Net result for the year
-€262,511
Depreciation
+€2.8m
Receivables after one year
+€208,919
Stocks and contracts
-€2,296
Receivables within one year
+€144,890
Deferred charges and accrued income
-€29,322
Provisions
-€10,731
Trade debts
+€671,418
Tax, wage and social debts
+€94,008
Advances received
-€12,765
Other debts
+€145,085
Accrued charges and deferred income
+€21,547
Investment (derived)
-€2.7m
Investment in fixed assets (net)
-€2.7m
Financing
-€424,539
Debts after one year
-€938,047
Current portion of long-term debt
+€513,508
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,676,338 | €9,897,850 | +€221,512 | +2.3% |
| Fixed assets | 21/28 | €7,333,925 | €7,199,014 | -€134,911 | -1.8% |
| Intangible fixed assets | 21 | €179,716 | €183,258 | +€3,542 | +2.0% |
| Tangible fixed assets | 22/27 | €7,129,209 | €6,641,591 | -€487,618 | -6.8% |
| Plant, machinery and equipment | 23 | €6,459,615 | €6,440,268 | -€19,346 | -0.3% |
| Furniture and vehicles | 24 | €40,187 | €63,702 | +€23,515 | +58.5% |
| Leasing and similar rights | 25 | €575,221 | €26,622 | -€548,599 | -95.4% |
| Other tangible fixed assets | 26 | €54,187 | €110,999 | +€56,812 | +105% |
| Financial fixed assets | 28 | €25,000 | €374,166 | +€349,166 | +1,397% |
| Current assets | 29/58 | €2,342,413 | €2,698,835 | +€356,422 | +15.2% |
| Amounts receivable after more than one year | 29 | €208,919 | €0 | -€208,919 | -100% |
| Other amounts receivable | 291 | €208,919 | €0 | -€208,919 | -100% |
| Stocks and contracts in progress | 3 | €17,785 | €20,081 | +€2,296 | +12.9% |
| Stocks | 30/36 | €17,785 | €20,081 | +€2,296 | +12.9% |
| Amounts receivable within one year | 40/41 | €1,717,179 | €1,572,288 | -€144,890 | -8.4% |
| Trade receivables | 40 | €1,253,498 | €1,238,832 | -€14,666 | -1.2% |
| Other amounts receivable | 41 | €463,681 | €333,457 | -€130,225 | -28.1% |
| Cash at bank and in hand | 54/58 | €342,984 | €1,021,597 | +€678,613 | +198% |
| Deferred charges and accrued income | 490/1 | €55,547 | €84,869 | +€29,322 | +52.8% |
| Total equity and liabilities | 10/49 | €9,676,338 | €9,897,850 | +€221,512 | +2.3% |
| Equity | 10/15 | €631,235 | €368,725 | -€262,511 | -41.6% |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Capital | 10 | €1,200,000 | €1,200,000 | = | 0.0% |
| Issued capital | 100 | €1,200,000 | €1,200,000 | = | 0.0% |
| Reserves | 13 | €39,701 | €39,701 | = | 0.0% |
| Non-distributable reserves | 130/1 | €39,701 | €39,701 | = | 0.0% |
| Legal reserve | 130 | €39,701 | €39,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€608,466 | -€870,976 | -€262,511 | -43.1% |
| Provisions and deferred taxes | 16 | €54,344 | €43,613 | -€10,731 | -19.7% |
| Provisions for liabilities and charges | 160/5 | €54,344 | €43,613 | -€10,731 | -19.7% |
| Other liabilities and charges | 164/5 | €54,344 | €43,613 | -€10,731 | -19.7% |
| Amounts payable | 17/49 | €8,990,758 | €9,485,512 | +€494,754 | +5.5% |
| Amounts payable after more than one year | 17 | €5,306,988 | €4,368,941 | -€938,047 | -17.7% |
| Financial debts | 170/4 | €5,306,988 | €4,368,941 | -€938,047 | -17.7% |
| Amounts payable within one year | 42/48 | €3,393,032 | €4,804,285 | +€1.4m | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €1,690,862 | €2,204,370 | +€513,508 | +30.4% |
| Trade debts | 44 | €1,050,058 | €1,721,476 | +€671,418 | +63.9% |
| Suppliers | 440/4 | €1,050,058 | €1,721,476 | +€671,418 | +63.9% |
| Advances received on contracts in progress | 46 | €12,765 | €0 | -€12,765 | -100% |
| Taxes, remuneration and social security | 45 | €207,769 | €301,777 | +€94,008 | +45.2% |
| Taxes | 450/3 | €3,927 | €48,328 | +€44,401 | +1,131% |
| Remuneration and social security | 454/9 | €203,842 | €253,449 | +€49,607 | +24.3% |
| Other amounts payable | 47/48 | €431,578 | €576,662 | +€145,085 | +33.6% |
| Accrued charges and deferred income | 492/3 | €290,738 | €312,285 | +€21,547 | +7.4% |
| Non-recurring operating income | 76A | €117,956 | €0 | -€117,956 | -100% |
| Remuneration, social security and pensions | 62 | €1,798,760 | €1,954,911 | +€156,150 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,364,853 | €2,837,652 | -€527,201 | -15.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €149,386 | €8,187 | -€141,199 | -94.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€39,168 | €38,744 | +€77,912 | |
| Other operating charges | 640/8 | €8,512 | €8,589 | +€77 | +0.9% |
| Non-recurring operating charges | 66A | €25,000 | €218,792 | +€193,792 | +775% |
| Gross operating margin | 9900 | €5,377,604 | €5,266,696 | -€110,908 | -2.1% |
| Operating profit (loss) | 9901 | €70,261 | €199,821 | +€129,560 | +184% |
| Financial income | 75/76B | €13,445 | €34,042 | +€20,597 | +153% |
| Recurring financial income | 75 | €13,445 | €34,042 | +€20,597 | +153% |
| Financial charges | 65/66B | €608,899 | €495,792 | -€113,107 | -18.6% |
| Recurring financial charges | 65 | €608,899 | €495,792 | -€113,107 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€525,193 | -€261,929 | +€263,264 | +50.1% |
| Income taxes | 67/77 | €552 | €582 | +€29 | +5.3% |
| Profit (loss) for the period | 9904 | -€525,745 | -€262,511 | +€263,235 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€525,745 | -€262,511 | +€263,235 | +50.1% |
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 19 October 2026 via checked.be.