TS Rent: what changed
Two fiscal 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.
TS Rent
Largest movements
- Cash +€2,540
up €2,540 (+38.0%), from €6,684 to €9,223
mainly Depreciation (+€3,909) and Net result for the year (+€1,074)
- Tangible fixed assets -€1,529
down €1,529 (-8.2%), from €18,616 to €17,088
- Receivables within one year +€871
new in 2025: €871
- Formation expenses -€833
down €833 (-41.1%), from €2,027 to €1,193
- Profit (loss) carried forward +€1,074
up €1,074 (+66.4%), from -€1,617 to -€543
- Tax, wage and social debts +€522
up €522 (+592.0%), from €88 to €610
- Other debts -€498
down €498 (-2.1%), from €23,689 to €23,191
- Gross operating margin +€4,431
up €4,431 (+383.4%), from €1,156 to €5,587
- Depreciation +€1,449
up €1,449 (+58.9%), from €2,460 to €3,909
- Taxes +€254
new in 2025: €254
- Other operating charges +€67
up €67 (+32.2%), from €208 to €274
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.
Cash bridge derived
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 | €27,326 | €28,597 | +€1,271 | +4.7% |
| Formation expenses | 20 | €2,027 | €1,193 | -€833 | -41.1% |
| Fixed assets | 21/28 | €18,616 | €17,088 | -€1,529 | -8.2% |
| Tangible fixed assets | 22/27 | €18,616 | €17,088 | -€1,529 | -8.2% |
| Furniture and vehicles | 24 | €18,616 | €17,088 | -€1,529 | -8.2% |
| Current assets | 29/58 | €6,684 | €10,317 | +€3,633 | +54.4% |
| Amounts receivable within one year | 40/41 | - | €871 | +€871 | |
| Trade receivables | 40 | - | €871 | +€871 | |
| Cash at bank and in hand | 54/58 | €6,684 | €9,223 | +€2,540 | +38.0% |
| Deferred charges and accrued income | 490/1 | - | €222 | +€222 | |
| Total equity and liabilities | 10/49 | €27,326 | €28,597 | +€1,271 | +4.7% |
| Equity | 10/15 | €3,383 | €4,457 | +€1,074 | +31.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,617 | -€543 | +€1,074 | +66.4% |
| Amounts payable | 17/49 | €23,943 | €24,140 | +€197 | +0.8% |
| Amounts payable within one year | 42/48 | €23,943 | €24,140 | +€197 | +0.8% |
| Trade debts | 44 | €166 | €340 | +€174 | +104.4% |
| Suppliers | 440/4 | €166 | €340 | +€174 | +104.4% |
| Taxes, remuneration and social security | 45 | €88 | €610 | +€522 | +592.0% |
| Taxes | 450/3 | €88 | €610 | +€522 | +592.0% |
| Other amounts payable | 47/48 | €23,689 | €23,191 | -€498 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,460 | €3,909 | +€1,449 | +58.9% |
| Other operating charges | 640/8 | €208 | €274 | +€67 | +32.2% |
| Gross operating margin | 9900 | €1,156 | €5,587 | +€4,431 | +383.4% |
| Operating profit (loss) | 9901 | -€1,512 | €1,403 | +€2,915 | |
| Financial charges | 65/66B | €105 | €75 | -€29 | -28.0% |
| Recurring financial charges | 65 | €105 | €75 | -€29 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,617 | €1,328 | +€2,945 | |
| Income taxes | 67/77 | - | €254 | +€254 | |
| Profit (loss) for the period | 9904 | -€1,617 | €1,074 | +€2,691 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,617 | €1,074 | +€2,691 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.