arentis: 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
arentis
NACE 77.320, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€31,488
2024 · €2,510+€28,979
Equity
€891,570
2024 · €860,081+€31,488
Cash
€910,627
2024 · €1.7m-€815,440
Balance sheet total
€7.4m
2024 · €7.4m-€35,422
Largest movements
Assets
- Cash -€815,440
down €815,440 (-47.2%), from €1.7m to €910,627
mainly Other debts (-€611,749) and Receivables within one year (-€578,948)
- Receivables within one year +€578,948
up €578,948 (+10.2%), from €5.7m to €6.3m
of which Trade receivables: +€586,837
- Tangible fixed assets +€205,306
up €205,306 (+3,271%), from €6,277 to €211,583
of which Assets under construction and advance payments: +€182,045
Equity and liabilities
- Other debts -€611,749
down €611,749 (-100%), from €611,749 to €0
- Trade debts +€583,568
up €583,568 (+10.1%), from €5.8m to €6.4m
Income statement
- Goods and materials +€225,632
up €225,632 (+1.2%), from €19.4m to €19.6m
- Other operating income -€205,692
down €205,692 (-28.8%), from €714,307 to €508,615
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
€2,510
Turnover
+€158,359
Other operating income
-€205,692
Goods and materials
-€225,632
Services and other goods
-€526
Staff costs
+€124,026
Depreciation
-€1,310
Write-downs
+€180,562
Other operating charges
-€136
Other operating items
+€11,500
Financial income
-€2,063
Financial charges
-€332
Taxes
-€9,777
Result 2025
€31,488
raises the resultlowers the resultnot broken down further in the accounts
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
-€603,395
Investment
-€212,045
Financing
€0
Cash 2024
€1.7m
From operations (derived)
-€603,395
Net result for the year
+€31,488
Depreciation
+€6,739
Receivables within one year
-€578,948
Deferred charges and accrued income
+€4,236
Trade debts
+€583,568
Tax, wage and social debts
-€19,235
Other debts
-€611,749
Accrued charges and deferred income
-€19,494
Investment (derived)
-€212,045
Investment in fixed assets (net)
-€212,045
Cash 2025
€910,627
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,414,272 | €7,378,850 | -€35,422 | -0.5% |
| Fixed assets | 21/28 | €6,987 | €212,293 | +€205,306 | +2,938% |
| Tangible fixed assets | 22/27 | €6,277 | €211,583 | +€205,306 | +3,271% |
| Plant, machinery and equipment | 23 | €4,226 | €28,000 | +€23,774 | +563% |
| Furniture and vehicles | 24 | €2,052 | €1,538 | -€513 | -25.0% |
| Assets under construction and advance payments | 27 | - | €182,045 | +€182,045 | |
| Financial fixed assets | 28 | €710 | €710 | = | 0.0% |
| Other financial fixed assets | 284/8 | €710 | €710 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €710 | €710 | = | 0.0% |
| Current assets | 29/58 | €7,407,285 | €7,166,556 | -€240,728 | -3.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €5,676,451 | €6,255,399 | +€578,948 | +10.2% |
| Trade receivables | 40 | €5,636,882 | €6,223,720 | +€586,837 | +10.4% |
| Other amounts receivable | 41 | €39,569 | €31,680 | -€7,889 | -19.9% |
| Cash at bank and in hand | 54/58 | €1,726,068 | €910,627 | -€815,440 | -47.2% |
| Deferred charges and accrued income | 490/1 | €4,766 | €530 | -€4,236 | -88.9% |
| Total equity and liabilities | 10/49 | €7,414,272 | €7,378,850 | -€35,422 | -0.5% |
| Equity | 10/15 | €860,081 | €891,570 | +€31,488 | +3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €798,081 | €829,570 | +€31,488 | +3.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €791,881 | €823,370 | +€31,488 | +4.0% |
| Amounts payable | 17/49 | €6,554,191 | €6,487,280 | -€66,911 | -1.0% |
| Amounts payable within one year | 42/48 | €6,523,270 | €6,475,854 | -€47,416 | -0.7% |
| Trade debts | 44 | €5,770,012 | €6,353,580 | +€583,568 | +10.1% |
| Suppliers | 440/4 | €5,770,012 | €6,353,580 | +€583,568 | +10.1% |
| Taxes, remuneration and social security | 45 | €141,508 | €122,274 | -€19,235 | -13.6% |
| Taxes | 450/3 | €13,559 | €23,948 | +€10,388 | +76.6% |
| Remuneration and social security | 454/9 | €127,949 | €98,326 | -€29,623 | -23.2% |
| Other amounts payable | 47/48 | €611,749 | €0 | -€611,749 | -100% |
| Accrued charges and deferred income | 492/3 | €30,921 | €11,427 | -€19,494 | -63.0% |
| Operating income | 70/76A | €20,422,205 | €20,386,372 | -€35,833 | -0.2% |
| Turnover | 70 | €19,705,899 | €19,864,258 | +€158,359 | +0.8% |
| Other operating income | 74 | €714,307 | €508,615 | -€205,692 | -28.8% |
| Non-recurring operating income | 76A | €2,000 | €13,500 | +€11,500 | +575% |
| Operating charges | 60/66A | €20,413,789 | €20,336,805 | -€76,985 | -0.4% |
| Goods for resale, raw materials and consumables | 60 | €19,372,266 | €19,597,898 | +€225,632 | +1.2% |
| Purchases | 600/8 | €19,372,266 | €19,597,898 | +€225,632 | +1.2% |
| Services and other goods | 61 | €201,694 | €202,219 | +€526 | +0.3% |
| Remuneration, social security and pensions | 62 | €719,437 | €595,410 | -€124,026 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,429 | €6,739 | +€1,310 | +24.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €108,524 | -€72,038 | -€180,562 | |
| Other operating charges | 640/8 | €6,440 | €6,576 | +€136 | +2.1% |
| Operating profit (loss) | 9901 | €8,416 | €49,568 | +€41,151 | +489% |
| Financial income | 75/76B | €2,073 | €10 | -€2,063 | -99.5% |
| Recurring financial income | 75 | €2,073 | €10 | -€2,063 | -99.5% |
| Other financial income | 752/9 | €2,073 | €10 | -€2,063 | -99.5% |
| Financial charges | 65/66B | €2,570 | €2,902 | +€332 | +12.9% |
| Recurring financial charges | 65 | €2,570 | €2,902 | +€332 | +12.9% |
| Debt charges | 650 | €2,570 | €2,902 | +€332 | +12.9% |
| Other financial charges | 652/9 | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €7,920 | €46,676 | +€38,756 | +489% |
| Income taxes | 67/77 | €5,410 | €15,188 | +€9,777 | +181% |
| Taxes | 670/3 | €5,410 | €15,188 | +€9,777 | +181% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €2,510 | €31,488 | +€28,979 | +1,155% |
| Profit (loss) for the period to be appropriated | 9905 | €2,510 | €31,488 | +€28,979 | +1,155% |
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 1 November 2026 via checked.be.