wheels2rent: 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.
wheels2rent
Largest movements
- Cash +€20,098
up €20,098 (+257%), from €7,818 to €27,915
mainly Other debts (+€35,954) and Investment in fixed assets (net) (+€9,985)
- Tangible fixed assets -€14,735
down €14,735 (-46.8%), from €31,464 to €16,729
- Receivables within one year +€1,801
up €1,801 (+117%), from €1,536 to €3,336
of which Trade receivables: +€1,816
- Other debts +€35,954
up €35,954 (+77,721%), from €46 to €36,000
- Reserves -€30,081
down €30,081 (-88.1%), from €34,142 to €4,061
- Tax, wage and social debts +€983
up €983 (+94.9%), from €1,036 to €2,019
- Depreciation -€2,223
down €2,223 (-31.9%), from €6,973 to €4,750
- Gross operating margin -€2,076
down €2,076 (-12.9%), from €16,122 to €14,047
- Other operating charges +€173
up €173 (+10.5%), from €1,650 to €1,823
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 | €41,901 | €48,640 | +€6,739 | +16.1% |
| Fixed assets | 21/28 | €31,464 | €16,729 | -€14,735 | -46.8% |
| Tangible fixed assets | 22/27 | €31,464 | €16,729 | -€14,735 | -46.8% |
| Furniture and vehicles | 24 | €31,464 | €16,729 | -€14,735 | -46.8% |
| Current assets | 29/58 | €10,437 | €31,911 | +€21,474 | +206% |
| Amounts receivable within one year | 40/41 | €1,536 | €3,336 | +€1,801 | +117% |
| Trade receivables | 40 | - | €1,816 | +€1,816 | |
| Other amounts receivable | 41 | €1,536 | €1,520 | -€16 | -1.0% |
| Cash at bank and in hand | 54/58 | €7,818 | €27,915 | +€20,098 | +257% |
| Deferred charges and accrued income | 490/1 | €1,084 | €659 | -€425 | -39.2% |
| Total equity and liabilities | 10/49 | €41,901 | €48,640 | +€6,739 | +16.1% |
| Equity | 10/15 | €40,142 | €10,061 | -€30,081 | -74.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €34,142 | €4,061 | -€30,081 | -88.1% |
| Distributable reserves | 133 | €34,142 | €4,061 | -€30,081 | -88.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,759 | €38,579 | +€36,820 | +2,093% |
| Amounts payable within one year | 42/48 | €1,759 | €38,579 | +€36,820 | +2,093% |
| Trade debts | 44 | €677 | €560 | -€117 | -17.2% |
| Suppliers | 440/4 | €677 | €560 | -€117 | -17.2% |
| Taxes, remuneration and social security | 45 | €1,036 | €2,019 | +€983 | +94.9% |
| Taxes | 450/3 | €1,036 | €2,019 | +€983 | +94.9% |
| Other amounts payable | 47/48 | €46 | €36,000 | +€35,954 | +77,721% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,973 | €4,750 | -€2,223 | -31.9% |
| Other operating charges | 640/8 | €1,650 | €1,823 | +€173 | +10.5% |
| Gross operating margin | 9900 | €16,122 | €14,047 | -€2,076 | -12.9% |
| Operating profit (loss) | 9901 | €7,500 | €7,474 | -€26 | -0.4% |
| Financial charges | 65/66B | €179 | €75 | -€104 | -58.1% |
| Recurring financial charges | 65 | €179 | €75 | -€104 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | €7,321 | €7,399 | +€78 | +1.1% |
| Income taxes | 67/77 | €1,464 | €1,480 | +€16 | +1.1% |
| Profit (loss) for the period | 9904 | €5,857 | €5,919 | +€62 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,857 | €5,919 | +€62 | +1.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.