3D Recycling: 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.
3D Recycling
Largest movements
- Tangible fixed assets -€101,384
down €101,384 (-17.6%), from €576,898 to €475,514
of which Leasing and similar rights: -€105,881
- Cash -€43,933
down €43,933 (-21.9%), from €200,216 to €156,283
mainly Debts after one year (-€192,286) and Investment in fixed assets (net) (-€83,677)
- Debts after one year -€192,286
down €192,286 (-49.3%), from €390,280 to €197,994
- Current portion of long-term debt +€83,700
up €83,700 (+117%), from €71,246 to €154,947
- Tax, wage and social debts -€49,563
down €49,563 (-73.0%), from €67,870 to €18,307
of which Taxes: -€49,037
- Profit (loss) carried forward +€26,121
up €26,121 (+4.0%), from €645,374 to €671,496
- Gross operating margin -€164,078
down €164,078 (-28.8%), from €570,161 to €406,083
- Taxes -€35,973
down €35,973 (-63.0%), from €57,124 to €21,151
- Staff costs -€22,987
down €22,987 (-22.1%), from €104,050 to €81,063
- Depreciation -€15,157
down €15,157 (-7.6%), from €200,218 to €185,061
- Other operating charges +€14,842
up €14,842 (+69.0%), from €21,498 to €36,339
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,230,416 | €1,095,907 | -€134,509 | -10.9% |
| Fixed assets | 21/28 | €576,958 | €475,574 | -€101,384 | -17.6% |
| Tangible fixed assets | 22/27 | €576,898 | €475,514 | -€101,384 | -17.6% |
| Land and buildings | 22 | €2,742 | €12,336 | +€9,594 | +350% |
| Plant, machinery and equipment | 23 | €72,236 | €73,875 | +€1,639 | +2.3% |
| Furniture and vehicles | 24 | €28,314 | €29,102 | +€788 | +2.8% |
| Leasing and similar rights | 25 | €403,952 | €298,072 | -€105,881 | -26.2% |
| Other tangible fixed assets | 26 | €69,654 | €62,129 | -€7,525 | -10.8% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €653,459 | €620,334 | -€33,125 | -5.1% |
| Stocks and contracts in progress | 3 | - | €6,015 | +€6,015 | |
| Stocks | 30/36 | - | €6,015 | +€6,015 | |
| Amounts receivable within one year | 40/41 | €442,015 | €439,159 | -€2,856 | -0.6% |
| Trade receivables | 40 | €415,761 | €418,166 | +€2,404 | +0.6% |
| Other amounts receivable | 41 | €26,254 | €20,993 | -€5,261 | -20.0% |
| Cash at bank and in hand | 54/58 | €200,216 | €156,283 | -€43,933 | -21.9% |
| Deferred charges and accrued income | 490/1 | €11,227 | €18,876 | +€7,649 | +68.1% |
| Total equity and liabilities | 10/49 | €1,230,416 | €1,095,907 | -€134,509 | -10.9% |
| Equity | 10/15 | €678,374 | €704,496 | +€26,121 | +3.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €645,374 | €671,496 | +€26,121 | +4.0% |
| Amounts payable | 17/49 | €552,042 | €391,412 | -€160,631 | -29.1% |
| Amounts payable after more than one year | 17 | €390,280 | €197,994 | -€192,286 | -49.3% |
| Financial debts | 170/4 | €390,280 | €197,994 | -€192,286 | -49.3% |
| Amounts payable within one year | 42/48 | €161,762 | €193,418 | +€31,656 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €71,246 | €154,947 | +€83,700 | +117% |
| Trade debts | 44 | €10,463 | €5,841 | -€4,622 | -44.2% |
| Suppliers | 440/4 | €10,463 | €5,841 | -€4,622 | -44.2% |
| Taxes, remuneration and social security | 45 | €67,870 | €18,307 | -€49,563 | -73.0% |
| Taxes | 450/3 | €55,786 | €6,749 | -€49,037 | -87.9% |
| Remuneration and social security | 454/9 | €12,084 | €11,558 | -€526 | -4.4% |
| Other amounts payable | 47/48 | €12,183 | €14,323 | +€2,140 | +17.6% |
| Remuneration, social security and pensions | 62 | €104,050 | €81,063 | -€22,987 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,218 | €185,061 | -€15,157 | -7.6% |
| Other operating charges | 640/8 | €21,498 | €36,339 | +€14,842 | +69.0% |
| Gross operating margin | 9900 | €570,161 | €406,083 | -€164,078 | -28.8% |
| Operating profit (loss) | 9901 | €244,395 | €103,620 | -€140,775 | -57.6% |
| Financial income | 75/76B | €1,976 | €1,270 | -€707 | -35.8% |
| Recurring financial income | 75 | €1,976 | €1,270 | -€707 | -35.8% |
| Financial charges | 65/66B | €18,297 | €27,617 | +€9,320 | +50.9% |
| Recurring financial charges | 65 | €18,297 | €27,617 | +€9,320 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | €228,074 | €77,272 | -€150,802 | -66.1% |
| Income taxes | 67/77 | €57,124 | €21,151 | -€35,973 | -63.0% |
| Profit (loss) for the period | 9904 | €170,950 | €56,121 | -€114,829 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €170,950 | €56,121 | -€114,829 | -67.2% |
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 22 October 2026 via checked.be.