RENTMEESTER: 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.
RENTMEESTER
Largest movements
- Tangible fixed assets +€442,733
up €442,733 (+95.1%), from €465,757 to €908,491
of which Land and buildings: +€439,887
- Current investments -€289,947
down €289,947 (-96.6%), from €300,000 to €10,053
- Cash -€80,843
down €80,843 (-79.7%), from €101,412 to €20,568
mainly Investment in fixed assets (net) (-€493,889) and Other debts (-€11,060)
- Receivables within one year -€10,673
down €10,673 (-73.5%), from €14,513 to €3,840
of which Other amounts receivable: -€12,598
- Intangible fixed assets -€10,253
no longer reported in 2025 (was €10,253)
- Reserves +€60,671
up €60,671 (+10.2%), from €596,164 to €656,835
of which Distributable reserves: +€73,091
- Other debts -€11,060
down €11,060 (-33.1%), from €33,394 to €22,334
- Financial income +€37,373
up €37,373 (+4671641.3%), from €1 to €37,374
- Depreciation -€10,386
down €10,386 (-14.5%), from €71,794 to €61,408
- Gross operating margin +€7,915
up €7,915 (+7.6%), from €104,165 to €112,080
- Taxes +€1,351
up €1,351 (+11.7%), from €11,529 to €12,880
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.
Cash bridge derived
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 | €895,166 | €945,486 | +€50,320 | +5.6% |
| Fixed assets | 21/28 | €476,010 | €908,491 | +€432,481 | +90.9% |
| Intangible fixed assets | 21 | €10,253 | - | -€10,253 | |
| Tangible fixed assets | 22/27 | €465,757 | €908,491 | +€442,733 | +95.1% |
| Land and buildings | 22 | €455,892 | €895,779 | +€439,887 | +96.5% |
| Plant, machinery and equipment | 23 | €3,094 | €2,601 | -€493 | -15.9% |
| Furniture and vehicles | 24 | €2,717 | €847 | -€1,870 | -68.8% |
| Other tangible fixed assets | 26 | €4,054 | €9,264 | +€5,210 | +128.5% |
| Current assets | 29/58 | €419,156 | €36,995 | -€382,160 | -91.2% |
| Amounts receivable within one year | 40/41 | €14,513 | €3,840 | -€10,673 | -73.5% |
| Trade receivables | 40 | - | €1,925 | +€1,925 | |
| Other amounts receivable | 41 | €14,513 | €1,915 | -€12,598 | -86.8% |
| Current investments | 50/53 | €300,000 | €10,053 | -€289,947 | -96.6% |
| Cash at bank and in hand | 54/58 | €101,412 | €20,568 | -€80,843 | -79.7% |
| Deferred charges and accrued income | 490/1 | €3,231 | €2,534 | -€697 | -21.6% |
| Total equity and liabilities | 10/49 | €895,166 | €945,486 | +€50,320 | +5.6% |
| Equity | 10/15 | €658,164 | €718,835 | +€60,671 | +9.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €596,164 | €656,835 | +€60,671 | +10.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €370,305 | €357,886 | -€12,420 | -3.4% |
| Distributable reserves | 133 | €219,659 | €292,750 | +€73,091 | +33.3% |
| Provisions and deferred taxes | 16 | €142,564 | €136,362 | -€6,202 | -4.4% |
| Deferred taxes | 168 | €142,564 | €136,362 | -€6,202 | -4.4% |
| Amounts payable | 17/49 | €94,438 | €90,289 | -€4,149 | -4.4% |
| Amounts payable after more than one year | 17 | €8,050 | €7,025 | -€1,025 | -12.7% |
| Other amounts payable | 178/9 | €8,050 | €7,025 | -€1,025 | -12.7% |
| Amounts payable within one year | 42/48 | €33,670 | €30,184 | -€3,486 | -10.4% |
| Trade debts | 44 | €276 | €541 | +€265 | +96.2% |
| Suppliers | 440/4 | €276 | €541 | +€265 | +96.2% |
| Taxes, remuneration and social security | 45 | - | €7,309 | +€7,309 | |
| Taxes | 450/3 | - | €7,309 | +€7,309 | |
| Other amounts payable | 47/48 | €33,394 | €22,334 | -€11,060 | -33.1% |
| Accrued charges and deferred income | 492/3 | €52,718 | €53,080 | +€362 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,794 | €61,408 | -€10,386 | -14.5% |
| Other operating charges | 640/8 | €19,318 | €19,464 | +€145 | +0.8% |
| Gross operating margin | 9900 | €104,165 | €112,080 | +€7,915 | +7.6% |
| Operating profit (loss) | 9901 | €13,052 | €31,208 | +€18,156 | +139.1% |
| Financial income | 75/76B | €1 | €37,374 | +€37,373 | +4671641.3% |
| Recurring financial income | 75 | €1 | €37,374 | +€37,373 | +4671641.3% |
| Financial charges | 65/66B | €1,545 | €1,233 | -€312 | -20.2% |
| Recurring financial charges | 65 | €1,545 | €1,233 | -€312 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €11,507 | €67,350 | +€55,842 | +485.3% |
| Transfer from deferred taxes | 780 | €5,938 | €6,202 | +€264 | +4.4% |
| Income taxes | 67/77 | €11,529 | €12,880 | +€1,351 | +11.7% |
| Profit (loss) for the period | 9904 | €5,916 | €60,671 | +€54,755 | +925.5% |
| Transfer from tax-exempt reserves | 789 | €11,532 | €12,420 | +€888 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,448 | €73,091 | +€55,643 | +318.9% |
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 12 October 2026 via checked.be.