RENTXPND: 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.
RENTXPND
Largest movements
- Tangible fixed assets +€470,159
up €470,159 (+17,904%), from €2,626 to €472,785
of which Leasing and similar rights: +€470,551
- Receivables within one year +€95,803
up €95,803 (+363%), from €26,404 to €122,206
of which Trade receivables: +€99,706
- Cash +€18,340
up €18,340, from €0 to €18,340
mainly Debts after one year (+€344,057) and Accrued charges and deferred income (+€131,199)
- Debts after one year +€344,057
new in 2025: €344,057
- Accrued charges and deferred income +€131,199
new in 2025: €131,199
- Current portion of long-term debt +€88,960
new in 2025: €88,960
- Reserves +€17,535
up €17,535 (+571%), from €3,072 to €20,607
- Tax, wage and social debts +€10,361
up €10,361 (+1,322%), from €784 to €11,145
- Gross operating margin +€70,382
up €70,382 (+565%), from €12,447 to €82,829
- Depreciation +€48,889
up €48,889 (+12,471%), from €392 to €49,281
- Financial charges +€8,841
up €8,841 (+3,417%), from €259 to €9,099
- Taxes +€5,614
up €5,614 (+716%), from €784 to €6,397
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 | €29,030 | €616,925 | +€587,895 | +2,025% |
| Fixed assets | 21/28 | €2,626 | €476,085 | +€473,459 | +18,030% |
| Tangible fixed assets | 22/27 | €2,626 | €472,785 | +€470,159 | +17,904% |
| Plant, machinery and equipment | 23 | €2,626 | €2,234 | -€392 | -14.9% |
| Leasing and similar rights | 25 | - | €470,551 | +€470,551 | |
| Financial fixed assets | 28 | - | €3,300 | +€3,300 | |
| Current assets | 29/58 | €26,404 | €140,839 | +€114,436 | +433% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €26,404 | €122,206 | +€95,803 | +363% |
| Trade receivables | 40 | €22,500 | €122,206 | +€99,706 | +443% |
| Other amounts receivable | 41 | €3,904 | €0 | -€3,904 | -100% |
| Cash at bank and in hand | 54/58 | €0 | €18,340 | +€18,340 | |
| Deferred charges and accrued income | 490/1 | - | €293 | +€293 | |
| Total equity and liabilities | 10/49 | €29,030 | €616,925 | +€587,895 | +2,025% |
| Equity | 10/15 | €8,072 | €35,607 | +€27,535 | +341% |
| Contributions | 10/11 | €5,000 | €15,000 | +€10,000 | +200% |
| Reserves | 13 | €3,072 | €20,607 | +€17,535 | +571% |
| Distributable reserves | 133 | €3,072 | €20,607 | +€17,535 | +571% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €20,958 | €581,318 | +€560,360 | +2,674% |
| Amounts payable after more than one year | 17 | - | €344,057 | +€344,057 | |
| Financial debts | 170/4 | - | €344,057 | +€344,057 | |
| Amounts payable within one year | 42/48 | €20,958 | €106,062 | +€85,104 | +406% |
| Current portion of amounts payable after more than one year | 42 | - | €88,960 | +€88,960 | |
| Financial debts | 43 | €21 | €0 | -€21 | -100% |
| Credit institutions | 430/8 | €21 | - | -€21 | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €8,940 | €2,456 | -€6,483 | -72.5% |
| Suppliers | 440/4 | €8,940 | €2,456 | -€6,483 | -72.5% |
| Taxes, remuneration and social security | 45 | €784 | €11,145 | +€10,361 | +1,322% |
| Taxes | 450/3 | €784 | €11,145 | +€10,361 | +1,322% |
| Other amounts payable | 47/48 | €11,213 | €3,500 | -€7,713 | -68.8% |
| Accrued charges and deferred income | 492/3 | - | €131,199 | +€131,199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €392 | €49,281 | +€48,889 | +12,471% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €12,447 | €82,829 | +€70,382 | +565% |
| Operating profit (loss) | 9901 | €11,549 | €33,029 | +€21,479 | +186% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €259 | €9,099 | +€8,841 | +3,417% |
| Recurring financial charges | 65 | €259 | €9,099 | +€8,841 | +3,417% |
| Profit (loss) for the period before taxes | 9903 | €11,291 | €23,932 | +€12,642 | +112% |
| Income taxes | 67/77 | €784 | €6,397 | +€5,614 | +716% |
| Profit (loss) for the period | 9904 | €10,507 | €17,535 | +€7,028 | +66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,507 | €17,535 | +€7,028 | +66.9% |
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 17 October 2026 via checked.be.