RENTOPIA: 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.
RENTOPIA
Largest movements
- Tangible fixed assets +€34,990
up €34,990 (+19.9%), from €176,115 to €211,105
of which Plant, machinery and equipment: +€37,063
- Cash +€21,223
up €21,223 (+35.8%), from €59,224 to €80,446
mainly Net result for the year (+€87,122) and Depreciation (+€68,451)
- Intangible fixed assets -€11,304
down €11,304 (-67.8%), from €16,675 to €5,371
- Receivables within one year +€6,232
up €6,232 (+14.6%), from €42,827 to €49,059
of which Trade receivables: +€4,801
- Reserves +€85,404
up €85,404 (+37.1%), from €229,969 to €315,372
- Other debts -€39,384
down €39,384 (-29.1%), from €135,337 to €95,953
- Trade debts +€8,823
up €8,823 (+58.5%), from €15,080 to €23,904
- Tax, wage and social debts +€8,047
up €8,047 (+68.0%), from €11,837 to €19,884
- Current portion of long-term debt -€6,517
down €6,517 (-57.9%), from €11,254 to €4,738
- Gross operating margin +€49,362
up €49,362 (+34.1%), from €144,794 to €194,156
- Taxes +€10,785
up €10,785 (+86.5%), from €12,470 to €23,255
- Depreciation +€7,446
up €7,446 (+12.2%), from €61,006 to €68,451
- Financial income +€3,499
up €3,499 (+1,474%), from €237 to €3,736
- Financial charges -€3,217
down €3,217 (-25.4%), from €12,684 to €9,468
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 | €420,616 | €472,251 | +€51,636 | +12.3% |
| Fixed assets | 21/28 | €192,789 | €216,476 | +€23,687 | +12.3% |
| Intangible fixed assets | 21 | €16,675 | €5,371 | -€11,304 | -67.8% |
| Tangible fixed assets | 22/27 | €176,115 | €211,105 | +€34,990 | +19.9% |
| Plant, machinery and equipment | 23 | €173,960 | €211,023 | +€37,063 | +21.3% |
| Furniture and vehicles | 24 | €2,155 | €82 | -€2,073 | -96.2% |
| Current assets | 29/58 | €227,826 | €255,775 | +€27,949 | +12.3% |
| Stocks and contracts in progress | 3 | €120,913 | €121,085 | +€172 | +0.1% |
| Stocks | 30/36 | €120,913 | €121,085 | +€172 | +0.1% |
| Amounts receivable within one year | 40/41 | €42,827 | €49,059 | +€6,232 | +14.6% |
| Trade receivables | 40 | €19,168 | €23,969 | +€4,801 | +25.0% |
| Other amounts receivable | 41 | €23,658 | €25,089 | +€1,431 | +6.0% |
| Cash at bank and in hand | 54/58 | €59,224 | €80,446 | +€21,223 | +35.8% |
| Deferred charges and accrued income | 490/1 | €4,863 | €5,185 | +€322 | +6.6% |
| Total equity and liabilities | 10/49 | €420,616 | €472,251 | +€51,636 | +12.3% |
| Equity | 10/15 | €242,369 | €327,772 | +€85,404 | +35.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €229,969 | €315,372 | +€85,404 | +37.1% |
| Distributable reserves | 133 | €229,969 | €315,372 | +€85,404 | +37.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €178,247 | €144,479 | -€33,768 | -18.9% |
| Amounts payable after more than one year | 17 | €4,738 | €0 | -€4,738 | -100% |
| Financial debts | 170/4 | €4,738 | €0 | -€4,738 | -100% |
| Amounts payable within one year | 42/48 | €173,509 | €144,479 | -€29,030 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €11,254 | €4,738 | -€6,517 | -57.9% |
| Trade debts | 44 | €15,080 | €23,904 | +€8,823 | +58.5% |
| Suppliers | 440/4 | €15,080 | €23,904 | +€8,823 | +58.5% |
| Taxes, remuneration and social security | 45 | €11,837 | €19,884 | +€8,047 | +68.0% |
| Taxes | 450/3 | €11,837 | €19,884 | +€8,047 | +68.0% |
| Other amounts payable | 47/48 | €135,337 | €95,953 | -€39,384 | -29.1% |
| Remuneration, social security and pensions | 62 | €329 | €0 | -€329 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,006 | €68,451 | +€7,446 | +12.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,276 | €3,074 | +€798 | +35.0% |
| Other operating charges | 640/8 | €5,978 | €6,523 | +€545 | +9.1% |
| Gross operating margin | 9900 | €144,794 | €194,156 | +€49,362 | +34.1% |
| Operating profit (loss) | 9901 | €75,205 | €116,108 | +€40,903 | +54.4% |
| Financial income | 75/76B | €237 | €3,736 | +€3,499 | +1,474% |
| Recurring financial income | 75 | €237 | €3,736 | +€3,499 | +1,474% |
| Financial charges | 65/66B | €12,684 | €9,468 | -€3,217 | -25.4% |
| Recurring financial charges | 65 | €12,684 | €9,468 | -€3,217 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €62,758 | €110,376 | +€47,619 | +75.9% |
| Income taxes | 67/77 | €12,470 | €23,255 | +€10,785 | +86.5% |
| Profit (loss) for the period | 9904 | €50,288 | €87,122 | +€36,834 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,288 | €87,122 | +€36,834 | +73.2% |
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 14 October 2026 via checked.be.