RENTEC: 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
RENTEC
NACE 28.410, Manufacture of machinery and equipment not elsewhere classified
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.9m
2024 · €2.1m-€159,920
Equity
€3.8m
2024 · €3.9m-€82,687
Cash
€24,274
2024 · €181,714-€157,441
Balance sheet total
€20.3m
2024 · €18.5m+€1.8m
Largest movements
Assets
- Stocks and contracts +€3.1m
up €3.1m (+33.3%), from €9.2m to €12.3m
of which Contracts in progress: +€3.5m
- Receivables within one year -€2.2m
down €2.2m (-47.3%), from €4.6m to €2.4m
of which Other amounts receivable: -€2.5m
- Tangible fixed assets +€1.1m
up €1.1m (+24.8%), from €4.4m to €5.5m
of which Plant, machinery and equipment: +€574,373
Equity and liabilities
- Advances received +€2.6m
up €2.6m (+26.0%), from €10.1m to €12.7m
- Trade debts -€913,555
down €913,555 (-56.0%), from €1.6m to €717,421
- Other debts +€308,652
up €308,652 (+15.4%), from €2.0m to €2.3m
Income statement
- Turnover -€2.8m
down €2.8m (-15.3%), from €18.6m to €15.8m
- Goods and materials -€246,139
down €246,139 (-2.2%), from €11.0m to €10.7m
of which Purchases: -€1.6m
- Provisions -€234,885
down €234,885, from €114,711 to -€120,174
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
€2.1m
Turnover
-€2.8m
Other operating income
+€9,966
Goods and materials
+€246,139
Services and other goods
-€40,625
Staff costs
-€28,486
Depreciation
-€168,220
Write-downs
+€2,086
Provisions
+€234,885
Other operating charges
-€7,027
Other operating items
+€2.5m
Financial income
-€69,287
Financial charges
-€1,595
Taxes
-€2,638
Result 2025
€1.9m
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
+€3.6m
Investment
-€1.8m
Financing
-€2.0m
Cash 2024
€181,714
From operations (derived)
+€3.6m
Net result for the year
+€1.9m
Depreciation
+€658,123
Stocks and contracts
-€3.1m
Receivables within one year
+€2.2m
Deferred charges and accrued income
+€20,677
Provisions
-€120,174
Trade debts
-€913,555
Tax, wage and social debts
+€5,959
Advances received
+€2.6m
Other debts
+€308,652
Accrued charges and deferred income
+€14,890
Investment (derived)
-€1.8m
Investment in fixed assets (net)
-€1.8m
Financing
-€2.0m
Contributions, distributions and other
-€2.0m
Cash 2025
€24,274
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,480,031 | €20,304,793 | +€1.8m | +9.9% |
| Fixed assets | 21/28 | €4,447,431 | €5,542,714 | +€1.1m | +24.6% |
| Tangible fixed assets | 22/27 | €4,438,306 | €5,540,214 | +€1.1m | +24.8% |
| Land and buildings | 22 | €2,727,206 | €3,129,542 | +€402,336 | +14.8% |
| Plant, machinery and equipment | 23 | €1,332,322 | €1,906,696 | +€574,373 | +43.1% |
| Furniture and vehicles | 24 | €378,777 | €503,976 | +€125,199 | +33.1% |
| Financial fixed assets | 28 | €9,125 | €2,500 | -€6,625 | -72.6% |
| Other financial fixed assets | 284/8 | €9,125 | €2,500 | -€6,625 | -72.6% |
| Amounts receivable and cash guarantees | 285/8 | €9,125 | €2,500 | -€6,625 | -72.6% |
| Current assets | 29/58 | €14,032,600 | €14,762,079 | +€729,479 | +5.2% |
| Stocks and contracts in progress | 3 | €9,198,345 | €12,265,522 | +€3.1m | +33.3% |
| Stocks | 30/36 | €4,387,901 | €3,928,927 | -€458,974 | -10.5% |
| Raw materials and consumables | 30/31 | €4,387,901 | €3,928,927 | -€458,974 | -10.5% |
| Contracts in progress | 37 | €4,810,444 | €8,336,595 | +€3.5m | +73.3% |
| Amounts receivable within one year | 40/41 | €4,565,528 | €2,405,947 | -€2.2m | -47.3% |
| Trade receivables | 40 | €2,088,223 | €2,399,753 | +€311,531 | +14.9% |
| Other amounts receivable | 41 | €2,477,306 | €6,194 | -€2.5m | -99.7% |
| Cash at bank and in hand | 54/58 | €181,714 | €24,274 | -€157,441 | -86.6% |
| Deferred charges and accrued income | 490/1 | €87,013 | €66,336 | -€20,677 | -23.8% |
| Total equity and liabilities | 10/49 | €18,480,031 | €20,304,793 | +€1.8m | +9.9% |
| Equity | 10/15 | €3,881,926 | €3,799,238 | -€82,687 | -2.1% |
| Contributions | 10/11 | €551,200 | €551,200 | = | 0.0% |
| Capital | 10 | €551,200 | €551,200 | = | 0.0% |
| Issued capital | 100 | €551,200 | €551,200 | = | 0.0% |
| Reserves | 13 | €3,330,726 | €3,248,038 | -€82,687 | -2.5% |
| Non-distributable reserves | 130/1 | €55,120 | €55,120 | = | 0.0% |
| Legal reserve | 130 | €55,120 | €55,120 | = | 0.0% |
| Distributable reserves | 133 | €3,275,606 | €3,192,918 | -€82,687 | -2.5% |
| Provisions and deferred taxes | 16 | €465,300 | €345,126 | -€120,174 | -25.8% |
| Provisions for liabilities and charges | 160/5 | €465,300 | €345,126 | -€120,174 | -25.8% |
| Other liabilities and charges | 164/5 | €465,300 | €345,126 | -€120,174 | -25.8% |
| Amounts payable | 17/49 | €14,132,805 | €16,160,429 | +€2.0m | +14.3% |
| Amounts payable within one year | 42/48 | €14,132,805 | €16,145,539 | +€2.0m | +14.2% |
| Trade debts | 44 | €1,630,976 | €717,421 | -€913,555 | -56.0% |
| Suppliers | 440/4 | €1,630,976 | €717,421 | -€913,555 | -56.0% |
| Advances received on contracts in progress | 46 | €10,059,904 | €12,671,582 | +€2.6m | +26.0% |
| Taxes, remuneration and social security | 45 | €441,925 | €447,884 | +€5,959 | +1.3% |
| Taxes | 450/3 | €8,798 | €35,251 | +€26,453 | +301% |
| Remuneration and social security | 454/9 | €433,128 | €412,633 | -€20,495 | -4.7% |
| Other amounts payable | 47/48 | €2,000,000 | €2,308,652 | +€308,652 | +15.4% |
| Accrued charges and deferred income | 492/3 | €0 | €14,890 | +€14,890 | |
| Operating income | 70/76A | €19,753,001 | €19,427,849 | -€325,152 | -1.6% |
| Turnover | 70 | €18,588,175 | €15,752,596 | -€2.8m | -15.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,025,690 | €3,526,151 | +€2.5m | +244% |
| Other operating income | 74 | €139,136 | €149,102 | +€9,966 | +7.2% |
| Operating charges | 60/66A | €17,207,941 | €16,969,189 | -€238,752 | -1.4% |
| Goods for resale, raw materials and consumables | 60 | €10,994,754 | €10,748,616 | -€246,139 | -2.2% |
| Purchases | 600/8 | €11,921,287 | €10,289,642 | -€1.6m | -13.7% |
| Change in stocks: decrease (increase) | 609 | -€926,533 | €458,974 | +€1.4m | |
| Services and other goods | 61 | €2,858,025 | €2,898,650 | +€40,625 | +1.4% |
| Remuneration, social security and pensions | 62 | €2,711,435 | €2,739,920 | +€28,486 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €489,903 | €658,123 | +€168,220 | +34.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,086 | €0 | -€2,086 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €114,711 | -€120,174 | -€234,885 | |
| Other operating charges | 640/8 | €37,027 | €44,054 | +€7,027 | +19.0% |
| Operating profit (loss) | 9901 | €2,545,060 | €2,458,660 | -€86,400 | -3.4% |
| Financial income | 75/76B | €89,847 | €20,560 | -€69,287 | -77.1% |
| Recurring financial income | 75 | €89,847 | €20,560 | -€69,287 | -77.1% |
| Income from current assets | 751 | €68,256 | €0 | -€68,256 | -100% |
| Other financial income | 752/9 | €21,591 | €20,560 | -€1,031 | -4.8% |
| Financial charges | 65/66B | €10,460 | €12,055 | +€1,595 | +15.2% |
| Recurring financial charges | 65 | €10,460 | €12,055 | +€1,595 | +15.2% |
| Debt charges | 650 | €0 | €437 | +€437 | |
| Other financial charges | 652/9 | €10,460 | €11,617 | +€1,157 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €2,624,447 | €2,467,166 | -€157,281 | -6.0% |
| Income taxes | 67/77 | €547,215 | €549,853 | +€2,638 | +0.5% |
| Taxes | 670/3 | €547,215 | €549,853 | +€2,638 | +0.5% |
| Profit (loss) for the period | 9904 | €2,077,232 | €1,917,313 | -€159,920 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,077,232 | €1,917,313 | -€159,920 | -7.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.