Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RENTEC from Pittem, company number BE0427976371, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year RENTEC recorded revenue of € 15.8 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 2.1 million to € 1.9 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2025.
€ 3.8 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 24,274
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
33.1
▼ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 1% vs 2024
€ 82,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 503,976
▲ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 717,421
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 19 days on average.
€ 447,884
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,144,790 | € 14,532,007 | € 18,588,175 | € 15,752,596 | ▼ 15% |
| Profit after taxes | € 890,051 | € 2,773,003 | € 2,077,232 | € 1,917,313 | ▼ 8% |
| Equity | € 2,931,690 | € 3,804,694 | € 3,881,926 | € 3,799,238 | ▼ 2% |
| Total debts | € 5,379,335 | € 12,122,410 | € 14,132,805 | € 16,160,429 | ▲ 14% |
| Cash | € 320,123 | € 807,034 | € 181,714 | € 24,274 | ▼ 87% |
| Land & buildings | € 986,428 | € 1,741,906 | € 2,727,206 | € 3,129,542 | ▲ 15% |
| Retained profit | € 2,380,490 | € 3,253,494 | € 3,330,726 | € 3,248,038 | ▼ 2% |
| Dividend | € 0 | € 1,900,000 | € 2,000,000 | € 2,000,000 | |
| Balance sheet total | € 8,539,367 | € 16,277,692 | € 18,480,031 | € 20,304,793 | ▲ 10% |
| Employees (FTE) | 31.8 | 34.8 | 35.8 | 33.1 | ▼ 2.7 |
Key figures of RENTEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to RENTEC?
What happened at RENTEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.9 million (▼ 8% vs 2024). Source: NBB ↗
- Bueso BV stepped down as director. NBB
- Verliemo NV stepped down as director. NBB
- Valtech NV stepped down as director. NBB
- The Coaching Loop BV stepped down as director. NBB
- Bueso BV became a director. NBB
- The Coaching Loop BV became a director. NBB
- Valtech NV became a director. NBB
In short
From € 890,051 profit in 2022 to € 1.9 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.8 million profit.
Paid out € 5.9 million in dividends to the owners in total.
Management
The stake of VALTECH, VERLIEMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RENTECThe shares are held by VALTECH (74%) and VERLIEMO (26%).
Directors
According to the 2025 annual accounts
Director · represented by Bart BUSSCHAERT
since 2019 · until 2025
Managing director · represented by Tom VERSCHUERE
since 2013 · until 2025
Managing director · represented by Peter VANDEPUTTE
Also active at: Union, CRETES, Redeltrans, CRETEN - BELGIUM, BARDOEL, ANZIPLAST, L.V.C., BARDOEL TRANSPORT +20 more
since 2017 · until 2025
Director · represented by Frank VANDEPUTTE
Also active at: Union, CRETES, CRETEN - BELGIUM, BARDOEL, ANZIPLAST, L.V.C., ALLHYDRO, HAECK SUBCONTRACTING +11 more
since 2017 · until 2025
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 13
8740 Pittem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0427.976.371
- VAT number
- BE 0427.976.371
- Registered office
- Nijverheidsstraat 13, 8740 Pittem
- Names & denominations
- RENTEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 October 1985
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- rentec.be
- Activities · NACE
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