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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Rent 2 Work from Eeklo, company number BE0603990789, closed financial year 2025 with a result of € 122,859 after tax. For that financial year Rent 2 Work recorded revenue of € 231,129 and equity of € 415,730. Compared with financial year 2024, the result moved from € 161,403 to € 122,859. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 13, 2026.
€ 415,730
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 122,859
▼ 24% vs 2024
Profit after tax over the fiscal year.
€ 8,079
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 403,330.
People and assets in 2025
€ 114,370
▼ 20% vs 2024
Of which on lease € 114,370.
Debts at end 2025
€ 2.2 million
▼ 2% vs 2024
€ 260,354 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 20,745
▲ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 73 days on average.
€ 8,455
▼ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 320,304 | € 234,393 | € 224,560 | € 231,129 | ▲ 3% |
| Profit after taxes | € 31,374 | € 55,357 | € 161,403 | € 122,859 | ▼ 24% |
| Equity | € 76,111 | € 131,468 | € 292,870 | € 415,730 | ▲ 42% |
| Total debts | € 124,676 | € 416,655 | € 4,416,009 | € 4,436,055 | |
| Cash | € 39,952 | € 14,858 | € 72,069 | € 8,079 | ▼ 89% |
| Land & buildings | - | - | € 1,252,126 | € 1,554,132 | ▲ 24% |
| Retained profit | € 63,711 | € 119,068 | € 280,470 | € 403,330 | ▲ 44% |
| Bank debt | € 50,427 | € 248,762 | € 2,289,272 | € 2,248,549 | ▼ 2% |
| Balance sheet total | € 200,786 | € 548,122 | € 4,708,879 | € 4,851,784 | ▲ 3% |
Key figures of Rent 2 Work, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Rent 2 Work?
What happened at Rent 2 Work in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 122,859 (▼ 24% vs 2024). Source: NBB ↗
- New establishment in Eeklo. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,374 profit in 2022 to € 122,859 profit in 2025.
Paid € 22,564 in corporate taxes since 2022.
Best year ever: 2024, with € 161,403 profit.
Pays suppliers within 73 days on average.
Management
Behind Rent 2 Work is Elias Vandevoorde. It owns 100% of M. SNEBBOUT, 100% of DECLERCQ BV and 50% of Elja&C° itself.
Directors
According to the 2025 annual accounts
Elias Vandevoorde
Director
Also active at: M. SNEBBOUT, SMITZ & CO, DE SWEEMER PRECISION CASTING, ELIAS VANDEVOORDE, SANEL RECYCLING
Establishments
Establishment units
Physical locations of this company
Industrielaan 38
9900 Eeklo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →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
Network
Details
- Company number
- 0603.990.789
- VAT number
- BE 0603.990.789
- Registered office
- Industrielaan 38, 9900 Eeklo
- Names & denominations
- Rent 2 Work
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 2015
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- rent2work.be [email protected]
- Activities · NACE
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