Rentio: 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.
Rentio
Largest movements
- Cash +€476,334
up €476,334 (+138%), from €345,712 to €822,045
mainly Depreciation (+€333,833) and Current investments (+€170,000)
- Intangible fixed assets -€221,167
down €221,167 (-24.6%), from €899,619 to €678,453
- Current investments -€170,000
down €170,000 (-100%), from €170,000 to €0
- Receivables within one year +€56,772
up €56,772 (+31.0%), from €183,429 to €240,201
of which Trade receivables: +€56,702
- Tangible fixed assets +€36,335
up €36,335 (+972%), from €3,740 to €40,075
- Current portion of long-term debt +€87,130
up €87,130 (+215%), from €40,520 to €127,650
- Debts after one year +€86,528
up €86,528 (+61.4%), from €140,908 to €227,436
- Profit (loss) carried forward -€49,053
down €49,053 (-2.4%), from -€2.0m to -€2.1m
- Trade debts +€33,893
up €33,893 (+41.1%), from €82,387 to €116,280
- Accrued charges and deferred income +€25,714
up €25,714 (+396%), from €6,500 to €32,214
- Staff costs +€73,834
up €73,834 (+34.4%), from €214,547 to €288,380
- Depreciation +€28,534
up €28,534 (+9.3%), from €305,299 to €333,833
- Financial income +€16,692
up €16,692 (+620%), from €2,691 to €19,383
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 | €1,640,252 | €1,835,831 | +€195,579 | +11.9% |
| Fixed assets | 21/28 | €913,359 | €728,527 | -€184,832 | -20.2% |
| Intangible fixed assets | 21 | €899,619 | €678,453 | -€221,167 | -24.6% |
| Tangible fixed assets | 22/27 | €3,740 | €40,075 | +€36,335 | +972% |
| Furniture and vehicles | 24 | €3,740 | €40,075 | +€36,335 | +972% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €726,893 | €1,107,304 | +€380,411 | +52.3% |
| Amounts receivable within one year | 40/41 | €183,429 | €240,201 | +€56,772 | +31.0% |
| Trade receivables | 40 | €175,732 | €232,435 | +€56,702 | +32.3% |
| Other amounts receivable | 41 | €7,697 | €7,766 | +€70 | +0.9% |
| Current investments | 50/53 | €170,000 | €0 | -€170,000 | -100% |
| Cash at bank and in hand | 54/58 | €345,712 | €822,045 | +€476,334 | +138% |
| Deferred charges and accrued income | 490/1 | €27,752 | €45,057 | +€17,305 | +62.4% |
| Total equity and liabilities | 10/49 | €1,640,252 | €1,835,831 | +€195,579 | +11.9% |
| Equity | 10/15 | €1,289,584 | €1,240,531 | -€49,053 | -3.8% |
| Contributions | 10/11 | €3,300,949 | €3,300,949 | = | 0.0% |
| Capital | 10 | €3,300,949 | €3,300,949 | = | 0.0% |
| Issued capital | 100 | €3,300,949 | €3,300,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,011,365 | -€2,060,418 | -€49,053 | -2.4% |
| Amounts payable | 17/49 | €350,668 | €595,300 | +€244,632 | +69.8% |
| Amounts payable after more than one year | 17 | €140,908 | €227,436 | +€86,528 | +61.4% |
| Financial debts | 170/4 | €140,908 | €227,436 | +€86,528 | +61.4% |
| Amounts payable within one year | 42/48 | €203,260 | €335,650 | +€132,390 | +65.1% |
| Current portion of amounts payable after more than one year | 42 | €40,520 | €127,650 | +€87,130 | +215% |
| Trade debts | 44 | €82,387 | €116,280 | +€33,893 | +41.1% |
| Suppliers | 440/4 | €82,387 | €116,280 | +€33,893 | +41.1% |
| Taxes, remuneration and social security | 45 | €80,306 | €91,567 | +€11,261 | +14.0% |
| Taxes | 450/3 | €54,490 | €62,986 | +€8,496 | +15.6% |
| Remuneration and social security | 454/9 | €25,815 | €28,581 | +€2,765 | +10.7% |
| Other amounts payable | 47/48 | €47 | €153 | +€106 | +225% |
| Accrued charges and deferred income | 492/3 | €6,500 | €32,214 | +€25,714 | +396% |
| Non-recurring operating income | 76A | €0 | €695 | +€695 | |
| Remuneration, social security and pensions | 62 | €214,547 | €288,380 | +€73,834 | +34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305,299 | €333,833 | +€28,534 | +9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,904 | €0 | -€3,904 | -100% |
| Other operating charges | 640/8 | €1,479 | €1,715 | +€236 | +15.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €560,817 | €566,079 | +€5,262 | +0.9% |
| Operating profit (loss) | 9901 | €35,588 | -€57,850 | -€93,438 | |
| Financial income | 75/76B | €2,691 | €19,383 | +€16,692 | +620% |
| Recurring financial income | 75 | €2,691 | €19,383 | +€16,692 | +620% |
| Financial charges | 65/66B | €10,254 | €9,832 | -€422 | -4.1% |
| Recurring financial charges | 65 | €10,254 | €9,832 | -€422 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €28,025 | -€48,299 | -€76,324 | |
| Income taxes | 67/77 | €405 | €754 | +€349 | +86.0% |
| Profit (loss) for the period | 9904 | €27,619 | -€49,053 | -€76,673 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,619 | -€49,053 | -€76,673 |
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 27 October 2026 via checked.be.