Thomas Rental: 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.
Thomas Rental
Largest movements
- Tangible fixed assets -€34,142
down €34,142 (-25.0%), from €136,565 to €102,423
of which Leasing and similar rights: -€32,820
- Receivables within one year -€17,709
down €17,709 (-17.1%), from €103,787 to €86,078
of which Trade receivables: -€37,916
- Cash -€3,962
down €3,962 (-100%), from €3,962 to €0
mainly Other debts (-€36,686) and Debts after one year (-€32,473)
- Reserves +€53,893
up €53,893 (+94.3%), from €57,127 to €111,020
- Other debts -€36,686
down €36,686 (-99.2%), from €37,000 to €314
- Profit (loss) carried forward -€33,527
down €33,527 (-100%), from €33,527 to €0
- Debts after one year -€32,473
down €32,473 (-70.4%), from €46,144 to €13,671
- Current portion of long-term debt -€12,775
down €12,775 (-28.2%), from €45,248 to €32,473
- Gross operating margin -€57,904
down €57,904 (-48.0%), from €120,622 to €62,719
- Depreciation -€13,105
down €13,105 (-27.7%), from €47,247 to €34,142
- Taxes -€11,155
down €11,155 (-62.1%), from €17,961 to €6,806
- Financial charges -€3,276
down €3,276 (-68.1%), from €4,807 to €1,532
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 | €246,134 | €191,517 | -€54,617 | -22.2% |
| Fixed assets | 21/28 | €136,565 | €102,423 | -€34,142 | -25.0% |
| Tangible fixed assets | 22/27 | €136,565 | €102,423 | -€34,142 | -25.0% |
| Plant, machinery and equipment | 23 | €6,011 | €4,689 | -€1,322 | -22.0% |
| Leasing and similar rights | 25 | €130,554 | €97,734 | -€32,820 | -25.1% |
| Current assets | 29/58 | €109,569 | €89,095 | -€20,475 | -18.7% |
| Amounts receivable within one year | 40/41 | €103,787 | €86,078 | -€17,709 | -17.1% |
| Trade receivables | 40 | €51,458 | €13,542 | -€37,916 | -73.7% |
| Other amounts receivable | 41 | €52,329 | €72,536 | +€20,207 | +38.6% |
| Cash at bank and in hand | 54/58 | €3,962 | €0 | -€3,962 | -100% |
| Deferred charges and accrued income | 490/1 | €1,820 | €3,017 | +€1,196 | +65.7% |
| Total equity and liabilities | 10/49 | €246,134 | €191,517 | -€54,617 | -22.2% |
| Equity | 10/15 | €110,655 | €131,020 | +€20,366 | +18.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €57,127 | €111,020 | +€53,893 | +94.3% |
| Distributable reserves | 133 | €57,127 | €111,020 | +€53,893 | +94.3% |
| Profit (loss) carried forward | 14 | €33,527 | €0 | -€33,527 | -100% |
| Amounts payable | 17/49 | €135,480 | €60,497 | -€74,983 | -55.3% |
| Amounts payable after more than one year | 17 | €46,144 | €13,671 | -€32,473 | -70.4% |
| Financial debts | 170/4 | €46,144 | €13,671 | -€32,473 | -70.4% |
| Amounts payable within one year | 42/48 | €89,336 | €46,826 | -€42,510 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €45,248 | €32,473 | -€12,775 | -28.2% |
| Financial debts | 43 | €0 | €11,543 | +€11,543 | |
| Credit institutions | 430/8 | €0 | €11,543 | +€11,543 | |
| Trade debts | 44 | €4,697 | €2,496 | -€2,201 | -46.9% |
| Suppliers | 440/4 | €4,697 | €2,496 | -€2,201 | -46.9% |
| Taxes, remuneration and social security | 45 | €2,390 | €0 | -€2,390 | -100% |
| Taxes | 450/3 | €2,390 | €0 | -€2,390 | -100% |
| Other amounts payable | 47/48 | €37,000 | €314 | -€36,686 | -99.2% |
| Non-recurring operating income | 76A | €35,664 | €0 | -€35,664 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,247 | €34,142 | -€13,105 | -27.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €390 | €387 | -€3 | -0.7% |
| Non-recurring operating charges | 66A | - | €1,445 | +€1,445 | |
| Gross operating margin | 9900 | €120,622 | €62,719 | -€57,904 | -48.0% |
| Operating profit (loss) | 9901 | €72,985 | €26,745 | -€46,240 | -63.4% |
| Financial income | 75/76B | €1,820 | €1,958 | +€138 | +7.6% |
| Recurring financial income | 75 | €1,820 | €1,958 | +€138 | +7.6% |
| Financial charges | 65/66B | €4,807 | €1,532 | -€3,276 | -68.1% |
| Recurring financial charges | 65 | €4,807 | €1,532 | -€3,276 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | €69,998 | €27,171 | -€42,826 | -61.2% |
| Income taxes | 67/77 | €17,961 | €6,806 | -€11,155 | -62.1% |
| Profit (loss) for the period | 9904 | €52,037 | €20,366 | -€31,672 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,037 | €20,366 | -€31,672 | -60.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.