YES RENTAL: 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
YES RENTAL
NACE 46.190, Agents in non-specialised wholesale trade
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€45,028
2023 · -€21,390-€23,638
Equity
€156,803
2023 · €201,831-€45,028
Cash
€6,371
2023 · €7,741-€1,370
Balance sheet total
€604,022
2023 · €829,296-€225,274
Largest movements
Assets
- Receivables within one year -€225,956
down €225,956 (-56.8%), from €397,529 to €171,573
of which Trade receivables: -€196,063
Equity and liabilities
- Trade debts -€162,103
down €162,103 (-29.6%), from €546,846 to €384,743
- Profit (loss) carried forward -€45,028
down €45,028 (-88.5%), from -€50,862 to -€95,889
- Debts after one year -€23,110
down €23,110 (-54.0%), from €42,824 to €19,714
Income statement
- Other operating charges +€121,111
up €121,111 (+4,328%), from €2,799 to €123,910
- Gross operating margin +€107,422
up €107,422 (+570%), from €18,835 to €126,257
- Depreciation -€16,031
down €16,031 (-50.2%), from €31,934 to €15,902
- Financial charges +€8,176
up €8,176 (+144%), from €5,682 to €13,858
From the 2023 result to the 2024 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 2023
-€21,390
Gross operating margin
+€107,422
Depreciation
+€16,031
Other operating charges
-€121,111
Other operating items
-€18,513
Financial income
+€709
Financial charges
-€8,176
Result 2024
-€45,028
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€31,780
Investment
-€15,149
Financing
-€18,001
Cash 2023
€7,741
From operations (derived)
+€31,780
Net result for the year
-€45,028
Depreciation
+€15,902
Receivables within one year
+€225,956
Deferred charges and accrued income
-€2,806
Trade debts
-€162,103
Tax, wage and social debts
-€142
Investment (derived)
-€15,149
Investment in fixed assets (net)
-€15,149
Financing
-€18,001
Debts after one year
-€23,110
Current portion of long-term debt
+€645
Short-term financial debts
+€4,464
Cash 2024
€6,371
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €829,296 | €604,022 | -€225,274 | -27.2% |
| Fixed assets | 21/28 | €82,219 | €81,466 | -€753 | -0.9% |
| Tangible fixed assets | 22/27 | €51,904 | €51,748 | -€155 | -0.3% |
| Plant, machinery and equipment | 23 | €11,480 | €9,970 | -€1,510 | -13.1% |
| Furniture and vehicles | 24 | €40,423 | €41,778 | +€1,354 | +3.3% |
| Financial fixed assets | 28 | €30,315 | €29,717 | -€598 | -2.0% |
| Current assets | 29/58 | €747,077 | €522,557 | -€224,521 | -30.1% |
| Stocks and contracts in progress | 3 | €341,779 | €341,779 | = | 0.0% |
| Stocks | 30/36 | €341,779 | €341,779 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €397,529 | €171,573 | -€225,956 | -56.8% |
| Trade receivables | 40 | €342,844 | €146,781 | -€196,063 | -57.2% |
| Other amounts receivable | 41 | €54,685 | €24,792 | -€29,893 | -54.7% |
| Cash at bank and in hand | 54/58 | €7,741 | €6,371 | -€1,370 | -17.7% |
| Deferred charges and accrued income | 490/1 | €28 | €2,834 | +€2,806 | +9,928% |
| Total equity and liabilities | 10/49 | €829,296 | €604,022 | -€225,274 | -27.2% |
| Equity | 10/15 | €201,831 | €156,803 | -€45,028 | -22.3% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €2,692 | €2,692 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,692 | €2,692 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,692 | €2,692 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,862 | -€95,889 | -€45,028 | -88.5% |
| Amounts payable | 17/49 | €627,465 | €447,219 | -€180,246 | -28.7% |
| Amounts payable after more than one year | 17 | €42,824 | €19,714 | -€23,110 | -54.0% |
| Financial debts | 170/4 | €42,824 | €19,714 | -€23,110 | -54.0% |
| Amounts payable within one year | 42/48 | €584,641 | €427,505 | -€157,136 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €22,465 | €23,110 | +€645 | +2.9% |
| Financial debts | 43 | €15,189 | €19,652 | +€4,464 | +29.4% |
| Credit institutions | 430/8 | €15,189 | - | -€15,189 | |
| Other loans | 439 | - | €19,652 | +€19,652 | |
| Trade debts | 44 | €546,846 | €384,743 | -€162,103 | -29.6% |
| Suppliers | 440/4 | €546,846 | €384,743 | -€162,103 | -29.6% |
| Taxes, remuneration and social security | 45 | €142 | - | -€142 | |
| Taxes | 450/3 | €142 | - | -€142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,934 | €15,902 | -€16,031 | -50.2% |
| Other operating charges | 640/8 | €2,799 | €123,910 | +€121,111 | +4,328% |
| Non-recurring operating charges | 66A | - | €18,513 | +€18,513 | |
| Gross operating margin | 9900 | €18,835 | €126,257 | +€107,422 | +570% |
| Operating profit (loss) | 9901 | -€15,897 | -€32,067 | -€16,171 | -102% |
| Financial income | 75/76B | €188 | €897 | +€709 | +376% |
| Recurring financial income | 75 | €188 | €897 | +€709 | +376% |
| Financial charges | 65/66B | €5,682 | €13,858 | +€8,176 | +144% |
| Recurring financial charges | 65 | €5,682 | €13,858 | +€8,176 | +144% |
| Profit (loss) for the period before taxes | 9903 | -€21,390 | -€45,028 | -€23,638 | -111% |
| Profit (loss) for the period | 9904 | -€21,390 | -€45,028 | -€23,638 | -111% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,390 | -€45,028 | -€23,638 | -111% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.