V & W RENTAL: what changed
V & W RENTAL
Largest movements
- Receivables within one year -€2,164
no longer reported in 2025 (was €2,164)
- Tangible fixed assets -€778
down €778 (-1.7%), from €46,229 to €45,451
of which Furniture and vehicles: -€4,899
- Profit (loss) carried forward +€27,293
up €27,293 (+45.5%), from -€59,972 to -€32,680
- Other debts -€24,264
down €24,264 (-30.7%), from €78,988 to €54,724
- Debts after one year -€4,644
down €4,644 (-53.4%), from €8,694 to €4,050
- Trade debts -€2,098
down €2,098 (-73.5%), from €2,857 to €758
- Tax, wage and social debts +€836
up €836 (+41.4%), from €2,021 to €2,857
- Depreciation +€5,572
up €5,572 (+110%), from €5,044 to €10,615
- Gross operating margin -€3,487
down €3,487 (-8.3%), from €42,252 to €38,765
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,607 | €52,954 | -€2,653 | -4.8% |
| Fixed assets | 21/28 | €46,229 | €45,451 | -€778 | -1.7% |
| Tangible fixed assets | 22/27 | €46,229 | €45,451 | -€778 | -1.7% |
| Land and buildings | 22 | €6,288 | €8,342 | +€2,054 | +32.7% |
| Plant, machinery and equipment | 23 | €1,700 | €3,767 | +€2,067 | +122% |
| Furniture and vehicles | 24 | €38,241 | €33,342 | -€4,899 | -12.8% |
| Current assets | 29/58 | €9,378 | €7,503 | -€1,875 | -20.0% |
| Amounts receivable within one year | 40/41 | €2,164 | - | -€2,164 | |
| Trade receivables | 40 | €2,164 | - | -€2,164 | |
| Cash at bank and in hand | 54/58 | €7,214 | €7,503 | +€289 | +4.0% |
| Total equity and liabilities | 10/49 | €55,607 | €52,954 | -€2,653 | -4.8% |
| Equity | 10/15 | -€41,372 | -€14,080 | +€27,293 | +66.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,972 | -€32,680 | +€27,293 | +45.5% |
| Amounts payable | 17/49 | €96,979 | €67,033 | -€29,946 | -30.9% |
| Amounts payable after more than one year | 17 | €8,694 | €4,050 | -€4,644 | -53.4% |
| Financial debts | 170/4 | €8,694 | €4,050 | -€4,644 | -53.4% |
| Amounts payable within one year | 42/48 | €88,285 | €62,983 | -€25,302 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €4,419 | €4,644 | +€225 | +5.1% |
| Trade debts | 44 | €2,857 | €758 | -€2,098 | -73.5% |
| Suppliers | 440/4 | €2,857 | €758 | -€2,098 | -73.5% |
| Taxes, remuneration and social security | 45 | €2,021 | €2,857 | +€836 | +41.4% |
| Taxes | 450/3 | €2,021 | €2,857 | +€836 | +41.4% |
| Other amounts payable | 47/48 | €78,988 | €54,724 | -€24,264 | -30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,044 | €10,615 | +€5,572 | +110% |
| Other operating charges | 640/8 | €402 | €183 | -€219 | -54.4% |
| Gross operating margin | 9900 | €42,252 | €38,765 | -€3,487 | -8.3% |
| Operating profit (loss) | 9901 | €36,806 | €27,966 | -€8,840 | -24.0% |
| Financial charges | 65/66B | €875 | €656 | -€219 | -25.0% |
| Recurring financial charges | 65 | €875 | €656 | -€219 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €35,931 | €27,310 | -€8,621 | -24.0% |
| Income taxes | 67/77 | - | €17 | +€17 | |
| Profit (loss) for the period | 9904 | €35,931 | €27,293 | -€8,639 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,931 | €27,293 | -€8,639 | -24.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.