WVT-RENT: what changed
What changed
WVT-RENT
NACE 77.310, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
-€80,430
2023 · €79,598-€160,029
Equity
€423,288
2023 · €503,718-€80,430
Cash
€27,542
2023 · €28,200-€658
Balance sheet total
€2.1m
2023 · €2.1m+€5,333
Largest movements
Assets
- Stocks and contracts +€75,000
up €75,000 (+60.0%), from €125,000 to €200,000
- Tangible fixed assets -€44,071
down €44,071 (-4.8%), from €912,413 to €868,341
of which Furniture and vehicles: -€42,798
- Receivables after one year -€28,215
down €28,215 (-27.4%), from €103,000 to €74,785
Equity and liabilities
- Current portion of long-term debt -€93,673
down €93,673 (-21.4%), from €438,457 to €344,784
- Debts after one year +€91,455
up €91,455 (+15.9%), from €574,383 to €665,837
- Profit (loss) carried forward -€80,430
new in 2024: -€80,430
- Other debts +€68,434
up €68,434 (+70.8%), from €96,610 to €165,043
- Tax, wage and social debts +€44,849
up €44,849 (+95.6%), from €46,938 to €91,787
of which Taxes: +€29,849
Income statement
- Depreciation -€140,217
down €140,217 (-31.1%), from €450,619 to €310,402
- Financial charges +€98,682
up €98,682 (+150%), from €65,973 to €164,655
of which Non-recurring financial charges: +€69,438
- Write-downs +€77,119
new in 2024: €77,119
- Staff costs +€70,781
up €70,781 (+39.0%), from €181,501 to €252,283
- Gross operating margin -€58,436
down €58,436 (-7.1%), from €826,499 to €768,063
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€79,598
Gross operating margin
-€58,436
Staff costs
-€70,781
Depreciation
+€140,217
Write-downs
-€77,119
Other operating charges
-€11,840
Other operating items
-€16,109
Financial income
-€4,960
Financial charges
-€98,682
Taxes
+€37,682
Result 2024
-€80,430
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€306,327
Investment
-€266,331
Financing
-€40,654
Cash 2023
€28,200
From operations (derived)
+€306,327
Net result for the year
-€80,430
Depreciation
+€310,402
Receivables after one year
+€28,215
Stocks and contracts
-€75,000
Receivables within one year
-€3,277
Trade debts
+€13,134
Tax, wage and social debts
+€44,849
Other debts
+€68,434
Investment (derived)
-€266,331
Investment in fixed assets (net)
-€266,331
Financing
-€40,654
Debts after one year
+€91,455
Current portion of long-term debt
-€93,673
Short-term financial debts
-€38,435
Cash 2024
€27,542
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,109,320 | €2,114,653 | +€5,333 | +0.3% |
| Fixed assets | 21/28 | €915,259 | €871,188 | -€44,071 | -4.8% |
| Tangible fixed assets | 22/27 | €912,413 | €868,341 | -€44,071 | -4.8% |
| Land and buildings | 22 | €27,145 | €21,344 | -€5,802 | -21.4% |
| Plant, machinery and equipment | 23 | €61,008 | €25,122 | -€35,886 | -58.8% |
| Furniture and vehicles | 24 | €136,499 | €93,701 | -€42,798 | -31.4% |
| Leasing and similar rights | 25 | €687,761 | €728,175 | +€40,414 | +5.9% |
| Financial fixed assets | 28 | €2,847 | €2,847 | = | 0.0% |
| Current assets | 29/58 | €1,194,060 | €1,243,465 | +€49,404 | +4.1% |
| Amounts receivable after more than one year | 29 | €103,000 | €74,785 | -€28,215 | -27.4% |
| Other amounts receivable | 291 | €103,000 | €74,785 | -€28,215 | -27.4% |
| Stocks and contracts in progress | 3 | €125,000 | €200,000 | +€75,000 | +60.0% |
| Stocks | 30/36 | €125,000 | €200,000 | +€75,000 | +60.0% |
| Amounts receivable within one year | 40/41 | €937,860 | €941,138 | +€3,277 | +0.3% |
| Trade receivables | 40 | €843,231 | €894,682 | +€51,451 | +6.1% |
| Other amounts receivable | 41 | €94,629 | €46,456 | -€48,173 | -50.9% |
| Cash at bank and in hand | 54/58 | €28,200 | €27,542 | -€658 | -2.3% |
| Total equity and liabilities | 10/49 | €2,109,320 | €2,114,653 | +€5,333 | +0.3% |
| Equity | 10/15 | €503,718 | €423,288 | -€80,430 | -16.0% |
| Contributions | 10/11 | €41,500 | €41,500 | = | 0.0% |
| Reserves | 13 | €462,218 | €462,218 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,360 | €5,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,360 | €5,360 | = | 0.0% |
| Distributable reserves | 133 | €456,858 | €456,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€80,430 | -€80,430 | |
| Amounts payable | 17/49 | €1,605,601 | €1,691,365 | +€85,764 | +5.3% |
| Amounts payable after more than one year | 17 | €574,383 | €665,837 | +€91,455 | +15.9% |
| Financial debts | 170/4 | €574,383 | €665,837 | +€91,455 | +15.9% |
| Amounts payable within one year | 42/48 | €1,031,219 | €1,025,528 | -€5,691 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €438,457 | €344,784 | -€93,673 | -21.4% |
| Financial debts | 43 | €281,605 | €243,170 | -€38,435 | -13.6% |
| Credit institutions | 430/8 | €281,605 | €243,170 | -€38,435 | -13.6% |
| Trade debts | 44 | €167,609 | €180,744 | +€13,134 | +7.8% |
| Suppliers | 440/4 | €167,609 | €180,744 | +€13,134 | +7.8% |
| Taxes, remuneration and social security | 45 | €46,938 | €91,787 | +€44,849 | +95.6% |
| Taxes | 450/3 | €35,601 | €65,450 | +€29,849 | +83.8% |
| Remuneration and social security | 454/9 | €11,337 | €26,337 | +€15,000 | +132% |
| Other amounts payable | 47/48 | €96,610 | €165,043 | +€68,434 | +70.8% |
| Remuneration, social security and pensions | 62 | €181,501 | €252,283 | +€70,781 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €450,619 | €310,402 | -€140,217 | -31.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €77,119 | +€77,119 | |
| Other operating charges | 640/8 | €16,102 | €27,942 | +€11,840 | +73.5% |
| Non-recurring operating charges | 66A | - | €16,109 | +€16,109 | |
| Gross operating margin | 9900 | €826,499 | €768,063 | -€58,436 | -7.1% |
| Operating profit (loss) | 9901 | €178,277 | €84,208 | -€94,069 | -52.8% |
| Financial income | 75/76B | €5,993 | €1,034 | -€4,960 | -82.8% |
| Recurring financial income | 75 | €5,993 | €1,034 | -€4,960 | -82.8% |
| Financial charges | 65/66B | €65,973 | €164,655 | +€98,682 | +150% |
| Recurring financial charges | 65 | €65,973 | €95,216 | +€29,243 | +44.3% |
| Non-recurring financial charges | 66B | - | €69,438 | +€69,438 | |
| Profit (loss) for the period before taxes | 9903 | €118,298 | -€79,413 | -€197,710 | |
| Income taxes | 67/77 | €38,700 | €1,018 | -€37,682 | -97.4% |
| Profit (loss) for the period | 9904 | €79,598 | -€80,430 | -€160,029 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,598 | -€80,430 | -€160,029 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.