WECANRENT: 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.
What changed
WECANRENT
NACE 77.399, Renting and leasing of other machinery, equipment and tangible goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.4m
2024 · €2.7m-€290,628
Equity
€54.2m
2024 · €52.0m+€2.2m
Cash
€257,432
2024 · €106,866+€150,566
Balance sheet total
€54.5m
2024 · €52.3m+€2.2m
Largest movements
Assets
- Current investments +€1.9m
up €1.9m (+30.4%), from €6.2m to €8.1m
Equity and liabilities
- Reserves +€2.2m
up €2.2m (+24.5%), from €8.9m to €11.1m
of which Distributable reserves: +€2.2m
Income statement
- Financial income -€218,483
down €218,483 (-7.4%), from €2.9m to €2.7m
- Financial charges +€131,301
up €131,301 (+96.9%), from -€135,559 to -€4,257
- Other operating charges -€35,316
down €35,316 (-94.7%), from €37,302 to €1,986
- Taxes -€29,066
down €29,066 (-10.8%), from €268,134 to €239,068
- Gross operating margin -€20,831
down €20,831 (-38.3%), from €54,321 to €33,490
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.
Result 2024
€2.7m
Gross operating margin
-€20,831
Depreciation
+€15,606
Other operating charges
+€35,316
Financial income
-€218,483
Financial charges
-€131,301
Taxes
+€29,066
Result 2025
€2.4m
raises the resultlowers the result
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.
From operations
+€2.2m
Investment
-€1.9m
Financing
-€200,833
Cash 2024
€106,866
From operations (derived)
+€2.2m
Net result for the year
+€2.4m
Depreciation
+€122,847
Receivables within one year
-€243,393
Smaller working-capital items
-€655
Tax, wage and social debts
-€29,066
Investment (derived)
-€1.9m
Investment in fixed assets (net)
-€5,465
Current investments
-€1.9m
Financing
-€200,833
Contributions, distributions and other
-€200,833
Cash 2025
€257,432
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,295,622 | €54,456,913 | +€2.2m | +4.1% |
| Fixed assets | 21/28 | €44,754,032 | €44,636,649 | -€117,382 | -0.3% |
| Tangible fixed assets | 22/27 | €175,494 | €58,112 | -€117,382 | -66.9% |
| Plant, machinery and equipment | 23 | €156,239 | €47,744 | -€108,496 | -69.4% |
| Furniture and vehicles | 24 | €19,255 | €10,368 | -€8,887 | -46.2% |
| Financial fixed assets | 28 | €44,578,538 | €44,578,538 | = | 0.0% |
| Current assets | 29/58 | €7,541,590 | €9,820,264 | +€2.3m | +30.2% |
| Amounts receivable within one year | 40/41 | €1,218,537 | €1,461,931 | +€243,393 | +20.0% |
| Trade receivables | 40 | €26,044 | €16,344 | -€9,700 | -37.2% |
| Other amounts receivable | 41 | €1,192,494 | €1,445,587 | +€253,093 | +21.2% |
| Current investments | 50/53 | €6,205,622 | €8,090,000 | +€1.9m | +30.4% |
| Cash at bank and in hand | 54/58 | €106,866 | €257,432 | +€150,566 | +141% |
| Deferred charges and accrued income | 490/1 | €10,565 | €10,901 | +€336 | +3.2% |
| Total equity and liabilities | 10/49 | €52,295,622 | €54,456,913 | +€2.2m | +4.1% |
| Equity | 10/15 | €52,022,265 | €54,212,941 | +€2.2m | +4.2% |
| Contributions | 10/11 | €43,091,000 | €43,091,000 | = | 0.0% |
| Reserves | 13 | €8,931,265 | €11,121,941 | +€2.2m | +24.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €8,931,265 | €11,121,941 | +€2.2m | +24.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €273,357 | €243,972 | -€29,385 | -10.7% |
| Amounts payable within one year | 42/48 | €273,229 | €243,972 | -€29,257 | -10.7% |
| Trade debts | 44 | €4,295 | €3,271 | -€1,024 | -23.8% |
| Suppliers | 440/4 | €4,295 | €3,271 | -€1,024 | -23.8% |
| Taxes, remuneration and social security | 45 | €268,134 | €239,068 | -€29,066 | -10.8% |
| Taxes | 450/3 | €268,134 | €239,068 | -€29,066 | -10.8% |
| Other amounts payable | 47/48 | €800 | €1,633 | +€833 | +104% |
| Accrued charges and deferred income | 492/3 | €128 | €0 | -€128 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,453 | €122,847 | -€15,606 | -11.3% |
| Other operating charges | 640/8 | €37,302 | €1,986 | -€35,316 | -94.7% |
| Gross operating margin | 9900 | €54,321 | €33,490 | -€20,831 | -38.3% |
| Operating profit (loss) | 9901 | -€121,434 | -€91,343 | +€30,091 | +24.8% |
| Financial income | 75/76B | €2,936,146 | €2,717,663 | -€218,483 | -7.4% |
| Recurring financial income | 75 | €2,936,146 | €2,717,663 | -€218,483 | -7.4% |
| Financial charges | 65/66B | -€135,559 | -€4,257 | +€131,301 | +96.9% |
| Recurring financial charges | 65 | -€135,559 | -€4,257 | +€131,301 | +96.9% |
| Profit (loss) for the period before taxes | 9903 | €2,950,271 | €2,630,577 | -€319,694 | -10.8% |
| Income taxes | 67/77 | €268,134 | €239,068 | -€29,066 | -10.8% |
| Profit (loss) for the period | 9904 | €2,682,137 | €2,391,509 | -€290,628 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,682,137 | €2,391,509 | -€290,628 | -10.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.