Z - RENT: 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.
Z - RENT
Largest movements
- Current investments +€166,731
up €166,731 (+11.9%), from €1.4m to €1.6m
- Tangible fixed assets +€42,579
up €42,579 (+86.2%), from €49,418 to €91,997
of which Furniture and vehicles: +€36,799
- Reserves +€306,486
up €306,486 (+19.8%), from €1.6m to €1.9m
of which Distributable reserves: +€306,486
- Profit (loss) carried forward -€99,893
no longer reported in 2024 (was €99,893)
- Financial income +€157,210
up €157,210 (+234%), from €67,302 to €224,513
- Taxes +€36,251
up €36,251 (+164%), from €22,149 to €58,401
- Gross operating margin -€14,046
down €14,046 (-19.7%), from €71,409 to €57,363
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,688,792 | €1,897,786 | +€208,994 | +12.4% |
| Fixed assets | 21/28 | €49,463 | €92,042 | +€42,579 | +86.1% |
| Tangible fixed assets | 22/27 | €49,418 | €91,997 | +€42,579 | +86.2% |
| Plant, machinery and equipment | 23 | €8,343 | €14,123 | +€5,781 | +69.3% |
| Furniture and vehicles | 24 | €41,075 | €77,874 | +€36,799 | +89.6% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €1,639,329 | €1,805,744 | +€166,415 | +10.2% |
| Amounts receivable within one year | 40/41 | €176,959 | €159,359 | -€17,600 | -9.9% |
| Trade receivables | 40 | €30,060 | €13,741 | -€16,320 | -54.3% |
| Other amounts receivable | 41 | €146,899 | €145,618 | -€1,281 | -0.9% |
| Current investments | 50/53 | €1,399,863 | €1,566,594 | +€166,731 | +11.9% |
| Cash at bank and in hand | 54/58 | €62,507 | €79,388 | +€16,881 | +27.0% |
| Deferred charges and accrued income | 490/1 | - | €403 | +€403 | |
| Total equity and liabilities | 10/49 | €1,688,792 | €1,897,786 | +€208,994 | +12.4% |
| Equity | 10/15 | €1,669,512 | €1,876,106 | +€206,593 | +12.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,551,027 | €1,857,514 | +€306,486 | +19.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,549,167 | €1,855,654 | +€306,486 | +19.8% |
| Profit (loss) carried forward | 14 | €99,893 | - | -€99,893 | |
| Amounts payable | 17/49 | €19,279 | €21,680 | +€2,401 | +12.5% |
| Amounts payable within one year | 42/48 | €19,279 | €21,680 | +€2,401 | +12.5% |
| Trade debts | 44 | €10,232 | €6,189 | -€4,042 | -39.5% |
| Suppliers | 440/4 | €10,232 | €6,189 | -€4,042 | -39.5% |
| Taxes, remuneration and social security | 45 | €9,048 | €15,491 | +€6,443 | +71.2% |
| Taxes | 450/3 | €9,048 | €15,491 | +€6,443 | +71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,238 | €14,635 | +€398 | +2.8% |
| Other operating charges | 640/8 | €1,367 | €1,310 | -€58 | -4.2% |
| Gross operating margin | 9900 | €71,409 | €57,363 | -€14,046 | -19.7% |
| Operating profit (loss) | 9901 | €55,804 | €41,418 | -€14,386 | -25.8% |
| Financial income | 75/76B | €67,302 | €224,513 | +€157,210 | +234% |
| Recurring financial income | 75 | €67,302 | €224,513 | +€157,210 | +234% |
| Financial charges | 65/66B | €1,064 | €937 | -€127 | -12.0% |
| Recurring financial charges | 65 | €1,064 | €937 | -€127 | -12.0% |
| Non-recurring financial charges | 66B | - | €937 | +€937 | |
| Profit (loss) for the period before taxes | 9903 | €122,042 | €264,994 | +€142,952 | +117% |
| Income taxes | 67/77 | €22,149 | €58,401 | +€36,251 | +164% |
| Profit (loss) for the period | 9904 | €99,893 | €206,593 | +€106,700 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €99,893 | €206,593 | +€106,700 | +107% |
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 25 October 2026 via checked.be.