RENTFIN: 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.
RENTFIN
Largest movements
- Cash +€165,748
up €165,748 (+129%), from €128,261 to €294,009
mainly Net result for the year (+€100,459) and Receivables within one year (+€29,413)
- Receivables within one year -€29,413
down €29,413 (-58.9%), from €49,913 to €20,500
- Tangible fixed assets +€11,553
up €11,553 (+444%), from €2,602 to €14,155
- Current investments -€6,000
down €6,000 (-12.0%), from €50,000 to €44,000
- Reserves +€100,459
up €100,459 (+55.1%), from €182,193 to €282,652
- Tax, wage and social debts +€28,202
up €28,202 (+64.4%), from €43,803 to €72,005
- Trade debts +€14,325
up €14,325 (+1,596%), from €897 to €15,222
- Gross operating margin +€30,841
up €30,841 (+26.4%), from €116,728 to €147,569
- Taxes +€10,033
up €10,033 (+30.0%), from €33,444 to €43,477
- Financial income +€1,927
up €1,927 (+19,266,000%), from €0 to €1,927
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 | €232,206 | €375,073 | +€142,867 | +61.5% |
| Fixed assets | 21/28 | €2,602 | €14,155 | +€11,553 | +444% |
| Tangible fixed assets | 22/27 | €2,602 | €14,155 | +€11,553 | +444% |
| Furniture and vehicles | 24 | €2,602 | €14,155 | +€11,553 | +444% |
| Current assets | 29/58 | €229,604 | €360,918 | +€131,314 | +57.2% |
| Amounts receivable within one year | 40/41 | €49,913 | €20,500 | -€29,413 | -58.9% |
| Trade receivables | 40 | €49,913 | €20,500 | -€29,413 | -58.9% |
| Current investments | 50/53 | €50,000 | €44,000 | -€6,000 | -12.0% |
| Cash at bank and in hand | 54/58 | €128,261 | €294,009 | +€165,748 | +129% |
| Deferred charges and accrued income | 490/1 | €1,431 | €2,409 | +€979 | +68.4% |
| Total equity and liabilities | 10/49 | €232,206 | €375,073 | +€142,867 | +61.5% |
| Equity | 10/15 | €187,193 | €287,652 | +€100,459 | +53.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €182,193 | €282,652 | +€100,459 | +55.1% |
| Distributable reserves | 133 | €182,193 | €282,652 | +€100,459 | +55.1% |
| Amounts payable | 17/49 | €45,012 | €87,420 | +€42,408 | +94.2% |
| Amounts payable within one year | 42/48 | €45,012 | €87,420 | +€42,408 | +94.2% |
| Trade debts | 44 | €897 | €15,222 | +€14,325 | +1,596% |
| Suppliers | 440/4 | €897 | €15,222 | +€14,325 | +1,596% |
| Taxes, remuneration and social security | 45 | €43,803 | €72,005 | +€28,202 | +64.4% |
| Taxes | 450/3 | €43,803 | €72,005 | +€28,202 | +64.4% |
| Other amounts payable | 47/48 | €312 | €193 | -€119 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,042 | €1,988 | +€946 | +90.8% |
| Other operating charges | 640/8 | €447 | €832 | +€385 | +86.0% |
| Gross operating margin | 9900 | €116,728 | €147,569 | +€30,841 | +26.4% |
| Operating profit (loss) | 9901 | €115,239 | €144,749 | +€29,510 | +25.6% |
| Financial income | 75/76B | €0 | €1,927 | +€1,927 | +19,266,000% |
| Recurring financial income | 75 | €0 | €1,927 | +€1,927 | +19,266,000% |
| Financial charges | 65/66B | €3,640 | €2,739 | -€901 | -24.7% |
| Recurring financial charges | 65 | €3,640 | €2,739 | -€901 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €111,599 | €143,937 | +€32,337 | +29.0% |
| Income taxes | 67/77 | €33,444 | €43,477 | +€10,033 | +30.0% |
| Profit (loss) for the period | 9904 | €78,155 | €100,459 | +€22,304 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,155 | €100,459 | +€22,304 | +28.5% |
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 16 October 2026 via checked.be.