RETRO-RENT: 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.
RETRO-RENT
Largest movements
- Tangible fixed assets +€49,215
up €49,215 (+282%), from €17,430 to €66,645
of which Furniture and vehicles: +€53,497
- Receivables within one year +€13,229
up €13,229 (+10.9%), from €121,241 to €134,471
of which Other amounts receivable: +€28,212
- Stocks and contracts -€11,950
down €11,950 (-3.6%), from €336,254 to €324,304
- Deferred charges and accrued income -€7,240
down €7,240 (-56.5%), from €12,822 to €5,582
- Trade debts -€60,564
down €60,564 (-38.9%), from €155,508 to €94,944
- Profit (loss) carried forward +€59,574
up €59,574 (+109%), from €54,666 to €114,240
- Short-term financial debts +€50,000
up €50,000 (+30.3%), from €165,000 to €215,000
of which Other loans: +€50,000
- Current portion of long-term debt -€33,187
down €33,187 (-38.7%), from €85,815 to €52,628
- Tax, wage and social debts +€24,328
up €24,328 (+185%), from €13,145 to €37,473
of which Taxes: +€19,782
- Gross operating margin +€134,019
up €134,019 (+113%), from €118,971 to €252,990
- Staff costs +€38,459
up €38,459 (+38.0%), from €101,266 to €139,725
- Taxes +€12,229
new in 2024: €12,229
- Depreciation +€7,695
up €7,695 (+154%), from €5,002 to €12,697
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €510,114 | €556,399 | +€46,285 | +9.1% |
| Fixed assets | 21/28 | €23,309 | €74,332 | +€51,023 | +219% |
| Intangible fixed assets | 21 | €5,879 | €7,686 | +€1,808 | +30.8% |
| Tangible fixed assets | 22/27 | €17,430 | €66,645 | +€49,215 | +282% |
| Land and buildings | 22 | €8,397 | €6,428 | -€1,969 | -23.5% |
| Plant, machinery and equipment | 23 | €1,561 | €1,053 | -€508 | -32.5% |
| Furniture and vehicles | 24 | - | €53,497 | +€53,497 | |
| Other tangible fixed assets | 26 | €7,472 | €5,667 | -€1,805 | -24.2% |
| Current assets | 29/58 | €486,805 | €482,067 | -€4,738 | -1.0% |
| Stocks and contracts in progress | 3 | €336,254 | €324,304 | -€11,950 | -3.6% |
| Stocks | 30/36 | €336,254 | €324,304 | -€11,950 | -3.6% |
| Amounts receivable within one year | 40/41 | €121,241 | €134,471 | +€13,229 | +10.9% |
| Trade receivables | 40 | €14,983 | - | -€14,983 | |
| Other amounts receivable | 41 | €106,258 | €134,471 | +€28,212 | +26.6% |
| Cash at bank and in hand | 54/58 | €16,488 | €17,710 | +€1,221 | +7.4% |
| Deferred charges and accrued income | 490/1 | €12,822 | €5,582 | -€7,240 | -56.5% |
| Total equity and liabilities | 10/49 | €510,114 | €556,399 | +€46,285 | +9.1% |
| Equity | 10/15 | €55,666 | €115,240 | +€59,574 | +107% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,666 | €114,240 | +€59,574 | +109% |
| Amounts payable | 17/49 | €454,448 | €441,158 | -€13,289 | -2.9% |
| Amounts payable after more than one year | 17 | €34,979 | €39,813 | +€4,834 | +13.8% |
| Financial debts | 170/4 | €34,979 | €39,813 | +€4,834 | +13.8% |
| Amounts payable within one year | 42/48 | €419,469 | €401,346 | -€18,123 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €85,815 | €52,628 | -€33,187 | -38.7% |
| Financial debts | 43 | €165,000 | €215,000 | +€50,000 | +30.3% |
| Credit institutions | 430/8 | €165,000 | €165,000 | = | 0.0% |
| Other loans | 439 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €155,508 | €94,944 | -€60,564 | -38.9% |
| Suppliers | 440/4 | €155,508 | €94,944 | -€60,564 | -38.9% |
| Taxes, remuneration and social security | 45 | €13,145 | €37,473 | +€24,328 | +185% |
| Taxes | 450/3 | €5,336 | €25,118 | +€19,782 | +371% |
| Remuneration and social security | 454/9 | €7,809 | €12,355 | +€4,546 | +58.2% |
| Other amounts payable | 47/48 | - | €1,300 | +€1,300 | |
| Remuneration, social security and pensions | 62 | €101,266 | €139,725 | +€38,459 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,002 | €12,697 | +€7,695 | +154% |
| Other operating charges | 640/8 | €3,997 | €1,862 | -€2,134 | -53.4% |
| Gross operating margin | 9900 | €118,971 | €252,990 | +€134,019 | +113% |
| Operating profit (loss) | 9901 | €8,707 | €98,705 | +€89,999 | +1,034% |
| Financial income | 75/76B | €340 | €156 | -€184 | -54.2% |
| Recurring financial income | 75 | €340 | €156 | -€184 | -54.2% |
| Financial charges | 65/66B | €25,392 | €27,058 | +€1,667 | +6.6% |
| Recurring financial charges | 65 | €25,392 | €27,058 | +€1,667 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,345 | €71,803 | +€88,148 | |
| Income taxes | 67/77 | - | €12,229 | +€12,229 | |
| Profit (loss) for the period | 9904 | -€16,345 | €59,574 | +€75,919 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,345 | €59,574 | +€75,919 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.