RENTEK: 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.
RENTEK
Largest movements
- Tangible fixed assets -€63,444
down €63,444 (-14.7%), from €430,791 to €367,347
of which Plant, machinery and equipment: -€46,890
- Current portion of long-term debt -€55,527
no longer reported in 2025 (was €55,527)
- Reserves -€24,000
down €24,000 (-16.0%), from €149,860 to €125,860
- Trade debts +€17,834
up €17,834 (+51.8%), from €34,415 to €52,248
- Profit (loss) carried forward -€13,894
down €13,894 (-28.4%), from -€48,970 to -€62,864
- Short-term financial debts +€12,720
up €12,720 (+16,788%), from €76 to €12,796
- Depreciation -€14,773
down €14,773 (-16.6%), from €89,223 to €74,450
- Gross operating margin -€12,941
down €12,941 (-9.8%), from €132,078 to €119,137
- Other operating charges +€3,981
up €3,981 (+110%), from €3,634 to €7,614
- Staff costs -€2,685
down €2,685 (-6.1%), from €44,005 to €41,321
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €544,844 | €477,827 | -€67,017 | -12.3% |
| Fixed assets | 21/28 | €434,941 | €371,497 | -€63,444 | -14.6% |
| Tangible fixed assets | 22/27 | €430,791 | €367,347 | -€63,444 | -14.7% |
| Land and buildings | 22 | €312,376 | €296,413 | -€15,964 | -5.1% |
| Plant, machinery and equipment | 23 | €116,760 | €69,870 | -€46,890 | -40.2% |
| Furniture and vehicles | 24 | €1,654 | €1,064 | -€590 | -35.7% |
| Financial fixed assets | 28 | €4,150 | €4,150 | = | 0.0% |
| Current assets | 29/58 | €109,903 | €106,331 | -€3,573 | -3.3% |
| Amounts receivable within one year | 40/41 | €106,957 | €104,889 | -€2,068 | -1.9% |
| Trade receivables | 40 | €106,847 | €104,158 | -€2,689 | -2.5% |
| Other amounts receivable | 41 | €110 | €731 | +€621 | +563% |
| Deferred charges and accrued income | 490/1 | €2,946 | €1,442 | -€1,504 | -51.1% |
| Total equity and liabilities | 10/49 | €544,844 | €477,827 | -€67,017 | -12.3% |
| Equity | 10/15 | €107,090 | €69,196 | -€37,894 | -35.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €149,860 | €125,860 | -€24,000 | -16.0% |
| Distributable reserves | 133 | €149,860 | €125,860 | -€24,000 | -16.0% |
| Profit (loss) carried forward | 14 | -€48,970 | -€62,864 | -€13,894 | -28.4% |
| Amounts payable | 17/49 | €437,754 | €408,631 | -€29,123 | -6.7% |
| Amounts payable after more than one year | 17 | €315,821 | €318,928 | +€3,107 | +1.0% |
| Financial debts | 170/4 | €315,821 | €318,928 | +€3,107 | +1.0% |
| Amounts payable within one year | 42/48 | €121,933 | €89,703 | -€32,229 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €55,527 | - | -€55,527 | |
| Financial debts | 43 | €76 | €12,796 | +€12,720 | +16,788% |
| Credit institutions | 430/8 | €76 | €12,796 | +€12,720 | +16,788% |
| Trade debts | 44 | €34,415 | €52,248 | +€17,834 | +51.8% |
| Suppliers | 440/4 | €34,415 | €52,248 | +€17,834 | +51.8% |
| Taxes, remuneration and social security | 45 | €27,205 | €24,659 | -€2,546 | -9.4% |
| Taxes | 450/3 | €22,048 | €18,972 | -€3,076 | -14.0% |
| Remuneration and social security | 454/9 | €5,157 | €5,687 | +€530 | +10.3% |
| Other amounts payable | 47/48 | €4,710 | - | -€4,710 | |
| Remuneration, social security and pensions | 62 | €44,005 | €41,321 | -€2,685 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,223 | €74,450 | -€14,773 | -16.6% |
| Other operating charges | 640/8 | €3,634 | €7,614 | +€3,981 | +110% |
| Gross operating margin | 9900 | €132,078 | €119,137 | -€12,941 | -9.8% |
| Operating profit (loss) | 9901 | -€4,784 | -€4,248 | +€536 | +11.2% |
| Financial income | 75/76B | €170 | €22 | -€148 | -87.2% |
| Recurring financial income | 75 | €170 | €22 | -€148 | -87.2% |
| Financial charges | 65/66B | €10,086 | €9,528 | -€558 | -5.5% |
| Recurring financial charges | 65 | €10,086 | €9,528 | -€558 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,700 | -€13,754 | +€946 | +6.4% |
| Profit (loss) for the period | 9904 | -€14,700 | -€13,754 | +€946 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,700 | -€13,754 | +€946 | +6.4% |
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 25 October 2026 via checked.be.