RENTECH: 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.
RENTECH
Largest movements
- Receivables within one year +€55,753
up €55,753 (+50.5%), from €110,452 to €166,205
of which Trade receivables: +€55,870
- Current investments +€37,115
up €37,115 (+35.1%), from €105,606 to €142,721
- Cash +€15,082
up €15,082 (+11.1%), from €135,824 to €150,906
mainly Other debts (+€135,282) and Net result for the year (+€94,539)
- Tangible fixed assets -€12,314
down €12,314 (-20.5%), from €60,114 to €47,800
of which Furniture and vehicles: -€15,146
- Receivables after one year -€5,160
no longer reported in 2025 (was €5,160)
- Other debts +€135,282
up €135,282 (+428%), from €31,596 to €166,878
- Profit (loss) carried forward -€78,732
no longer reported in 2025 (was €78,732)
- Tax, wage and social debts +€34,223
up €34,223 (+61.3%), from €55,828 to €90,052
of which Remuneration and social security: +€17,286
- Trade debts +€31,909
up €31,909 (+63.1%), from €50,566 to €82,476
- Reserves -€25,799
down €25,799 (-16.4%), from €157,558 to €131,759
of which Distributable reserves: -€25,799
- Gross operating margin +€122,007
up €122,007 (+37.3%), from €327,382 to €449,389
- Staff costs +€86,313
up €86,313 (+42.2%), from €204,670 to €290,982
- Taxes +€11,030
up €11,030 (+36.2%), from €30,487 to €41,517
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 | €420,112 | €512,836 | +€92,725 | +22.1% |
| Fixed assets | 21/28 | €60,114 | €47,800 | -€12,314 | -20.5% |
| Tangible fixed assets | 22/27 | €60,114 | €47,800 | -€12,314 | -20.5% |
| Plant, machinery and equipment | 23 | €9,056 | €11,888 | +€2,832 | +31.3% |
| Furniture and vehicles | 24 | €51,058 | €35,912 | -€15,146 | -29.7% |
| Current assets | 29/58 | €359,997 | €465,036 | +€105,038 | +29.2% |
| Amounts receivable after more than one year | 29 | €5,160 | - | -€5,160 | |
| Other amounts receivable | 291 | €5,160 | - | -€5,160 | |
| Stocks and contracts in progress | 3 | €507 | €534 | +€27 | +5.3% |
| Stocks | 30/36 | €507 | €534 | +€27 | +5.3% |
| Amounts receivable within one year | 40/41 | €110,452 | €166,205 | +€55,753 | +50.5% |
| Trade receivables | 40 | €99,517 | €155,387 | +€55,870 | +56.1% |
| Other amounts receivable | 41 | €10,935 | €10,817 | -€118 | -1.1% |
| Current investments | 50/53 | €105,606 | €142,721 | +€37,115 | +35.1% |
| Cash at bank and in hand | 54/58 | €135,824 | €150,906 | +€15,082 | +11.1% |
| Deferred charges and accrued income | 490/1 | €2,449 | €4,670 | +€2,221 | +90.7% |
| Total equity and liabilities | 10/49 | €420,112 | €512,836 | +€92,725 | +22.1% |
| Equity | 10/15 | €254,890 | €150,359 | -€104,531 | -41.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157,558 | €131,759 | -€25,799 | -16.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €155,698 | €129,899 | -€25,799 | -16.6% |
| Profit (loss) carried forward | 14 | €78,732 | - | -€78,732 | |
| Amounts payable | 17/49 | €165,222 | €362,478 | +€197,256 | +119% |
| Amounts payable after more than one year | 17 | €14,138 | €9,858 | -€4,280 | -30.3% |
| Financial debts | 170/4 | €14,138 | €9,858 | -€4,280 | -30.3% |
| Amounts payable within one year | 42/48 | €151,081 | €352,619 | +€201,539 | +133% |
| Current portion of amounts payable after more than one year | 42 | €13,090 | €13,214 | +€124 | +0.9% |
| Trade debts | 44 | €50,566 | €82,476 | +€31,909 | +63.1% |
| Suppliers | 440/4 | €50,566 | €82,476 | +€31,909 | +63.1% |
| Taxes, remuneration and social security | 45 | €55,828 | €90,052 | +€34,223 | +61.3% |
| Taxes | 450/3 | €21,885 | €38,823 | +€16,938 | +77.4% |
| Remuneration and social security | 454/9 | €33,943 | €51,229 | +€17,286 | +50.9% |
| Other amounts payable | 47/48 | €31,596 | €166,878 | +€135,282 | +428% |
| Accrued charges and deferred income | 492/3 | €2 | - | -€2 | |
| Remuneration, social security and pensions | 62 | €204,670 | €290,982 | +€86,313 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,881 | €18,253 | +€372 | +2.1% |
| Other operating charges | 640/8 | €2,267 | €1,646 | -€621 | -27.4% |
| Gross operating margin | 9900 | €327,382 | €449,389 | +€122,007 | +37.3% |
| Operating profit (loss) | 9901 | €102,565 | €138,507 | +€35,943 | +35.0% |
| Financial income | 75/76B | €426 | €1,594 | +€1,169 | +274% |
| Recurring financial income | 75 | €426 | €1,594 | +€1,169 | +274% |
| Financial charges | 65/66B | €3,453 | €4,045 | +€592 | +17.2% |
| Recurring financial charges | 65 | €3,453 | €4,045 | +€592 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €99,537 | €136,056 | +€36,519 | +36.7% |
| Income taxes | 67/77 | €30,487 | €41,517 | +€11,030 | +36.2% |
| Profit (loss) for the period | 9904 | €69,050 | €94,539 | +€25,489 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,050 | €94,539 | +€25,489 | +36.9% |
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 26 October 2026 via checked.be.