RENTO: 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.
RENTO
Largest movements
- Tangible fixed assets +€279,721
up €279,721 (+69.8%), from €400,992 to €680,713
of which Leasing and similar rights: +€286,439
- Current investments +€119,923
up €119,923 (+106702.2%), from €112 to €120,035
- Stocks and contracts -€37,806
down €37,806 (-22.0%), from €171,995 to €134,190
- Cash +€26,852
up €26,852 (+58.8%), from €45,681 to €72,533
mainly Debts after one year (+€233,226) and Depreciation (+€162,598)
- Receivables within one year +€25,971
up €25,971 (+11.5%), from €225,408 to €251,379
of which Other amounts receivable: +€25,248
- Debts after one year +€233,226
up €233,226 (+124.0%), from €188,031 to €421,257
- Current portion of long-term debt +€71,812
up €71,812 (+78.7%), from €91,195 to €163,007
- Trade debts +€66,346
up €66,346 (+61.3%), from €108,228 to €174,574
- Reserves +€55,234
up €55,234 (+58.4%), from €94,529 to €149,763
- Tax, wage and social debts -€17,895
down €17,895 (-24.4%), from €73,357 to €55,463
of which Taxes: -€21,369
- Gross operating margin +€82,709
up €82,709 (+34.9%), from €236,661 to €319,370
- Staff costs +€51,054
up €51,054 (+249.6%), from €20,455 to €71,509
- Depreciation +€39,806
up €39,806 (+32.4%), from €122,792 to €162,598
- Taxes -€3,457
down €3,457 (-22.3%), from €15,488 to €12,031
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 | €844,189 | €1,258,850 | +€414,661 | +49.1% |
| Fixed assets | 21/28 | €400,992 | €680,713 | +€279,721 | +69.8% |
| Tangible fixed assets | 22/27 | €400,992 | €680,713 | +€279,721 | +69.8% |
| Land and buildings | 22 | €4,130 | €2,891 | -€1,239 | -30.0% |
| Plant, machinery and equipment | 23 | €286,946 | €287,136 | +€190 | +0.1% |
| Furniture and vehicles | 24 | €11,186 | €5,517 | -€5,669 | -50.7% |
| Leasing and similar rights | 25 | €98,730 | €385,169 | +€286,439 | +290.1% |
| Current assets | 29/58 | €443,197 | €578,137 | +€134,940 | +30.4% |
| Stocks and contracts in progress | 3 | €171,995 | €134,190 | -€37,806 | -22.0% |
| Stocks | 30/36 | €171,995 | €134,190 | -€37,806 | -22.0% |
| Amounts receivable within one year | 40/41 | €225,408 | €251,379 | +€25,971 | +11.5% |
| Trade receivables | 40 | €225,408 | €226,132 | +€724 | +0.3% |
| Other amounts receivable | 41 | - | €25,248 | +€25,248 | |
| Current investments | 50/53 | €112 | €120,035 | +€119,923 | +106702.2% |
| Cash at bank and in hand | 54/58 | €45,681 | €72,533 | +€26,852 | +58.8% |
| Total equity and liabilities | 10/49 | €844,189 | €1,258,850 | +€414,661 | +49.1% |
| Equity | 10/15 | €383,279 | €438,513 | +€55,234 | +14.4% |
| Contributions | 10/11 | €288,750 | €288,750 | = | 0.0% |
| Reserves | 13 | €94,529 | €149,763 | +€55,234 | +58.4% |
| Distributable reserves | 133 | €94,529 | €149,763 | +€55,234 | +58.4% |
| Amounts payable | 17/49 | €460,911 | €820,337 | +€359,427 | +78.0% |
| Amounts payable after more than one year | 17 | €188,031 | €421,257 | +€233,226 | +124.0% |
| Financial debts | 170/4 | €188,031 | €421,257 | +€233,226 | +124.0% |
| Amounts payable within one year | 42/48 | €272,880 | €399,081 | +€126,201 | +46.2% |
| Current portion of amounts payable after more than one year | 42 | €91,195 | €163,007 | +€71,812 | +78.7% |
| Trade debts | 44 | €108,228 | €174,574 | +€66,346 | +61.3% |
| Suppliers | 440/4 | €108,228 | €174,574 | +€66,346 | +61.3% |
| Taxes, remuneration and social security | 45 | €73,357 | €55,463 | -€17,895 | -24.4% |
| Taxes | 450/3 | €71,795 | €50,426 | -€21,369 | -29.8% |
| Remuneration and social security | 454/9 | €1,562 | €5,036 | +€3,474 | +222.5% |
| Other amounts payable | 47/48 | €100 | €6,038 | +€5,938 | +5937.6% |
| Non-recurring operating income | 76A | €3,438 | €12,339 | +€8,901 | +258.9% |
| Remuneration, social security and pensions | 62 | €20,455 | €71,509 | +€51,054 | +249.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,792 | €162,598 | +€39,806 | +32.4% |
| Other operating charges | 640/8 | €268 | €392 | +€124 | +46.2% |
| Gross operating margin | 9900 | €236,661 | €319,370 | +€82,709 | +34.9% |
| Operating profit (loss) | 9901 | €93,146 | €84,871 | -€8,275 | -8.9% |
| Financial income | 75/76B | €65 | €190 | +€125 | +192.9% |
| Recurring financial income | 75 | €65 | €190 | +€125 | +192.9% |
| Financial charges | 65/66B | €15,896 | €17,796 | +€1,900 | +12.0% |
| Recurring financial charges | 65 | €15,896 | €17,796 | +€1,900 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €77,315 | €67,265 | -€10,050 | -13.0% |
| Income taxes | 67/77 | €15,488 | €12,031 | -€3,457 | -22.3% |
| Profit (loss) for the period | 9904 | €61,828 | €55,234 | -€6,594 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,828 | €55,234 | -€6,594 | -10.7% |
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 9 October 2026 via checked.be.