Rentulek: 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.
Rentulek
Largest movements
- Receivables within one year +€10,607
up €10,607 (+18.5%), from €57,230 to €67,836
of which Trade receivables: +€13,927
- Tangible fixed assets -€7,909
down €7,909 (-28.5%), from €27,702 to €19,794
of which Furniture and vehicles: -€4,116
- Cash +€7,322
up €7,322 (+547%), from €1,338 to €8,661
mainly Net result for the year (+€10,979) and Depreciation (+€8,599)
- Deferred charges and accrued income +€2,013
up €2,013 (+935%), from €215 to €2,228
- Profit (loss) carried forward +€10,979
up €10,979, from -€8,092 to €2,887
- Trade debts -€6,984
down €6,984 (-37.4%), from €18,682 to €11,698
- Current portion of long-term debt +€5,000
up €5,000, from €0 to €5,000
- Other debts +€3,805
up €3,805 (+6.1%), from €62,879 to €66,684
- Financial income +€5,652
up €5,652 (+576%), from €981 to €6,633
of which Non-recurring financial income: +€5,652
- Taxes +€3,406
new in 2025: €3,406
- Depreciation +€1,735
up €1,735 (+25.3%), from €6,864 to €8,599
- Gross operating margin -€666
down €666 (-3.6%), from €18,341 to €17,675
- Financial charges -€319
down €319 (-51.8%), from €616 to €297
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 | €86,620 | €98,653 | +€12,033 | +13.9% |
| Fixed assets | 21/28 | €27,837 | €19,929 | -€7,909 | -28.4% |
| Tangible fixed assets | 22/27 | €27,702 | €19,794 | -€7,909 | -28.5% |
| Plant, machinery and equipment | 23 | €2,170 | €1,140 | -€1,030 | -47.5% |
| Furniture and vehicles | 24 | €14,925 | €10,810 | -€4,116 | -27.6% |
| Leasing and similar rights | 25 | €10,607 | €7,844 | -€2,763 | -26.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €58,783 | €78,725 | +€19,942 | +33.9% |
| Amounts receivable within one year | 40/41 | €57,230 | €67,836 | +€10,607 | +18.5% |
| Trade receivables | 40 | €52,151 | €66,078 | +€13,927 | +26.7% |
| Other amounts receivable | 41 | €5,078 | €1,758 | -€3,320 | -65.4% |
| Cash at bank and in hand | 54/58 | €1,338 | €8,661 | +€7,322 | +547% |
| Deferred charges and accrued income | 490/1 | €215 | €2,228 | +€2,013 | +935% |
| Total equity and liabilities | 10/49 | €86,620 | €98,653 | +€12,033 | +13.9% |
| Equity | 10/15 | €3,208 | €14,187 | +€10,979 | +342% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,092 | €2,887 | +€10,979 | |
| Amounts payable | 17/49 | €83,413 | €84,467 | +€1,054 | +1.3% |
| Amounts payable within one year | 42/48 | €83,413 | €84,467 | +€1,054 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | €5,000 | +€5,000 | |
| Financial debts | 43 | €368 | €0 | -€368 | -100% |
| Credit institutions | 430/8 | €368 | €0 | -€368 | -100% |
| Trade debts | 44 | €18,682 | €11,698 | -€6,984 | -37.4% |
| Suppliers | 440/4 | €18,682 | €11,698 | -€6,984 | -37.4% |
| Taxes, remuneration and social security | 45 | €1,484 | €1,085 | -€399 | -26.9% |
| Taxes | 450/3 | €1,484 | €1,085 | -€399 | -26.9% |
| Other amounts payable | 47/48 | €62,879 | €66,684 | +€3,805 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,864 | €8,599 | +€1,735 | +25.3% |
| Other operating charges | 640/8 | €712 | €778 | +€66 | +9.3% |
| Non-recurring operating charges | 66A | €79 | €250 | +€171 | +215% |
| Gross operating margin | 9900 | €18,341 | €17,675 | -€666 | -3.6% |
| Operating profit (loss) | 9901 | €10,687 | €8,049 | -€2,638 | -24.7% |
| Financial income | 75/76B | €981 | €6,633 | +€5,652 | +576% |
| Recurring financial income | 75 | €981 | €0 | -€981 | -100.0% |
| Non-recurring financial income | 76B | €981 | €6,633 | +€5,652 | +576% |
| Financial charges | 65/66B | €616 | €297 | -€319 | -51.8% |
| Recurring financial charges | 65 | €616 | €297 | -€319 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €11,052 | €14,385 | +€3,332 | +30.2% |
| Income taxes | 67/77 | - | €3,406 | +€3,406 | |
| Profit (loss) for the period | 9904 | €11,052 | €10,979 | -€73 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,052 | €10,979 | -€73 | -0.7% |
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 20 October 2026 via checked.be.