RENTMEN: what changed
Two fiscal 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.
RENTMEN
Largest movements
- Tangible fixed assets +€84,547
up €84,547 (+103.0%), from €82,050 to €166,597
of which Plant, machinery and equipment: +€50,632
- Receivables within one year +€17,192
up €17,192 (+21.9%), from €78,386 to €95,579
of which Trade receivables: +€17,051
- Receivables after one year -€7,000
down €7,000 (-100.0%), from €7,000 to €0
- Cash +€3,367
up €3,367 (+7.8%), from €43,373 to €46,741
mainly Debts after one year (+€58,201) and Net result for the year (+€38,938)
- Debts after one year +€58,201
up €58,201, from €0 to €58,201
- Reserves +€32,583
up €32,583 (+26.0%), from €125,402 to €157,985
of which Non-distributable reserves: +€35,000
- Trade debts +€13,134
up €13,134 (+61.8%), from €21,265 to €34,399
- Accrued charges and deferred income -€5,352
down €5,352 (-91.1%), from €5,878 to €526
- Other debts +€4,393
up €4,393 (+27.0%), from €16,278 to €20,671
- Gross operating margin +€75,924
up €75,924 (+124.4%), from €61,043 to €136,967
- Staff costs +€32,911
up €32,911 (+138.1%), from €23,824 to €56,735
- Depreciation +€11,849
up €11,849 (+66.3%), from €17,877 to €29,727
- Taxes -€2,224
down €2,224 (-23.6%), from €9,441 to €7,217
- Other operating charges -€2,027
down €2,027 (-56.4%), from €3,591 to €1,564
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 | €217,908 | €314,263 | +€96,356 | +44.2% |
| Fixed assets | 21/28 | €82,050 | €166,597 | +€84,547 | +103.0% |
| Tangible fixed assets | 22/27 | €82,050 | €166,597 | +€84,547 | +103.0% |
| Plant, machinery and equipment | 23 | €63,456 | €114,088 | +€50,632 | +79.8% |
| Furniture and vehicles | 24 | €18,594 | €52,509 | +€33,915 | +182.4% |
| Current assets | 29/58 | €135,857 | €147,666 | +€11,809 | +8.7% |
| Amounts receivable after more than one year | 29 | €7,000 | €0 | -€7,000 | -100.0% |
| Other amounts receivable | 291 | €7,000 | €0 | -€7,000 | -100.0% |
| Stocks and contracts in progress | 3 | €5,000 | €4,200 | -€800 | -16.0% |
| Stocks | 30/36 | €5,000 | €4,200 | -€800 | -16.0% |
| Amounts receivable within one year | 40/41 | €78,386 | €95,579 | +€17,192 | +21.9% |
| Trade receivables | 40 | €67,583 | €84,634 | +€17,051 | +25.2% |
| Other amounts receivable | 41 | €10,803 | €10,945 | +€142 | +1.3% |
| Cash at bank and in hand | 54/58 | €43,373 | €46,741 | +€3,367 | +7.8% |
| Deferred charges and accrued income | 490/1 | €2,098 | €1,146 | -€951 | -45.3% |
| Total equity and liabilities | 10/49 | €217,908 | €314,263 | +€96,356 | +44.2% |
| Equity | 10/15 | €145,779 | €178,300 | +€32,521 | +22.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €125,402 | €157,985 | +€32,583 | +26.0% |
| Non-distributable reserves | 130/1 | €39,000 | €74,000 | +€35,000 | +89.7% |
| Reserves not available under the articles | 1311 | €39,000 | €74,000 | +€35,000 | +89.7% |
| Distributable reserves | 133 | €86,402 | €83,985 | -€2,417 | -2.8% |
| Profit (loss) carried forward | 14 | €377 | €315 | -€62 | -16.4% |
| Amounts payable | 17/49 | €72,129 | €135,963 | +€63,835 | +88.5% |
| Amounts payable after more than one year | 17 | €0 | €58,201 | +€58,201 | |
| Financial debts | 170/4 | €0 | €58,201 | +€58,201 | |
| Amounts payable within one year | 42/48 | €66,251 | €77,237 | +€10,985 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €6,564 | €4,399 | -€2,165 | -33.0% |
| Trade debts | 44 | €21,265 | €34,399 | +€13,134 | +61.8% |
| Suppliers | 440/4 | €21,265 | €34,399 | +€13,134 | +61.8% |
| Advances received on contracts in progress | 46 | €1,819 | €0 | -€1,819 | -100.0% |
| Taxes, remuneration and social security | 45 | €20,324 | €17,767 | -€2,557 | -12.6% |
| Taxes | 450/3 | €15,156 | €8,299 | -€6,857 | -45.2% |
| Remuneration and social security | 454/9 | €5,168 | €9,468 | +€4,300 | +83.2% |
| Other amounts payable | 47/48 | €16,278 | €20,671 | +€4,393 | +27.0% |
| Accrued charges and deferred income | 492/3 | €5,878 | €526 | -€5,352 | -91.1% |
| Remuneration, social security and pensions | 62 | €23,824 | €56,735 | +€32,911 | +138.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,877 | €29,727 | +€11,849 | +66.3% |
| Other operating charges | 640/8 | €3,591 | €1,564 | -€2,027 | -56.4% |
| Gross operating margin | 9900 | €61,043 | €136,967 | +€75,924 | +124.4% |
| Operating profit (loss) | 9901 | €15,750 | €48,941 | +€33,190 | +210.7% |
| Financial income | 75/76B | €92 | €70 | -€22 | -24.0% |
| Recurring financial income | 75 | €92 | €70 | -€22 | -24.0% |
| Financial charges | 65/66B | €2,134 | €2,855 | +€721 | +33.8% |
| Recurring financial charges | 65 | €2,134 | €2,855 | +€721 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | €13,708 | €46,155 | +€32,447 | +236.7% |
| Income taxes | 67/77 | €9,441 | €7,217 | -€2,224 | -23.6% |
| Profit (loss) for the period | 9904 | €4,267 | €38,938 | +€34,671 | +812.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,267 | €38,938 | +€34,671 | +812.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.