MOBIREC: 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
MOBIREC
NACE 38.210, Materials recovery from waste
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.6m
2024 · €2.1m+€549,744
Equity
€9.5m
2024 · €6.9m+€2.6m
Cash
€4.3m
2024 · €1.7m+€2.7m
Balance sheet total
€21.5m
2024 · €18.1m+€3.4m
Largest movements
Assets
- Receivables within one year +€4.2m
up €4.2m (+64.4%), from €6.4m to €10.6m
of which Trade receivables: +€3.1m
- Stocks and contracts -€3.0m
down €3.0m (-70.4%), from €4.2m to €1.2m
- Cash +€2.7m
up €2.7m (+157.4%), from €1.7m to €4.3m
mainly Stocks and contracts (+€3.0m) and Net result for the year (+€2.6m)
- Current investments -€921,065
down €921,065 (-100.0%), from €921,065 to €0
- Tangible fixed assets +€373,158
up €373,158 (+7.9%), from €4.7m to €5.1m
of which Assets under construction and advance payments: +€534,625
Equity and liabilities
- Reserves +€2.6m
up €2.6m (+38.4%), from €6.9m to €9.5m
of which Distributable reserves: +€1.8m
- Trade debts +€2.6m
up €2.6m (+36.9%), from €6.9m to €9.5m
- Debts after one year -€1.7m
down €1.7m (-44.3%), from €3.9m to €2.2m
Income statement
- Turnover +€6.6m
up €6.6m (+17.1%), from €38.9m to €45.6m
- Goods and materials +€5.5m
up €5.5m (+17.5%), from €31.4m to €36.9m
of which Purchases: +€3.3m
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
€2.1m
Turnover
+€6.6m
Other operating income
-€6,733
Goods and materials
-€5.5m
Services and other goods
-€332,749
Staff costs
+€109,561
Depreciation
-€207,263
Other operating charges
-€105,245
Other operating items
-€50,021
Financial income
+€331,832
Financial charges
-€195,137
Taxes
-€153,587
Result 2025
€2.6m
Cash bridge derived
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
+€5.3m
Investment
-€875,638
Financing
-€1.8m
Cash 2024
€1.7m
From operations (derived)
+€5.3m
Net result for the year
+€2.6m
Depreciation
+€1.4m
Stocks and contracts
+€3.0m
Receivables within one year
-€4.2m
Deferred charges and accrued income
-€98,680
Trade debts
+€2.6m
Smaller working-capital items
-€12,490
Accrued charges and deferred income
+€16,960
Investment (derived)
-€875,638
Investment in fixed assets (net)
-€1.8m
Current investments
+€921,065
Financing
-€1.8m
Debts after one year
-€1.7m
Current portion of long-term debt
-€53,596
Cash 2025
€4.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,097,332 | €21,506,190 | +€3.4m | +18.8% |
| Fixed assets | 21/28 | €4,811,132 | €5,184,290 | +€373,158 | +7.8% |
| Tangible fixed assets | 22/27 | €4,736,132 | €5,109,290 | +€373,158 | +7.9% |
| Plant, machinery and equipment | 23 | €3,860,592 | €3,603,192 | -€257,400 | -6.7% |
| Furniture and vehicles | 24 | €506,471 | €610,391 | +€103,920 | +20.5% |
| Leasing and similar rights | 25 | €7,987 | €0 | -€7,987 | -100.0% |
| Assets under construction and advance payments | 27 | €361,083 | €895,707 | +€534,625 | +148.1% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €13,286,200 | €16,321,899 | +€3.0m | +22.8% |
| Stocks and contracts in progress | 3 | €4,195,408 | €1,243,330 | -€3.0m | -70.4% |
| Stocks | 30/36 | €4,195,408 | €1,243,330 | -€3.0m | -70.4% |
| Goods purchased for resale | 34 | €4,195,408 | €1,243,330 | -€3.0m | -70.4% |
| Amounts receivable within one year | 40/41 | €6,446,838 | €10,597,704 | +€4.2m | +64.4% |
| Trade receivables | 40 | €5,709,437 | €8,856,729 | +€3.1m | +55.1% |
| Other amounts receivable | 41 | €737,401 | €1,740,975 | +€1.0m | +136.1% |
| Current investments | 50/53 | €921,065 | €0 | -€921,065 | -100.0% |
| Other investments | 51/53 | €921,065 | €0 | -€921,065 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,689,504 | €4,348,801 | +€2.7m | +157.4% |
| Deferred charges and accrued income | 490/1 | €33,385 | €132,064 | +€98,680 | +295.6% |
| Total equity and liabilities | 10/49 | €18,097,332 | €21,506,190 | +€3.4m | +18.8% |
| Equity | 10/15 | €6,884,408 | €9,523,641 | +€2.6m | +38.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €6,864,408 | €9,503,641 | +€2.6m | +38.4% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100.0% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100.0% |
| Tax-exempt reserves | 132 | - | €842,000 | +€842,000 | |
| Distributable reserves | 133 | €6,862,408 | €8,661,641 | +€1.8m | +26.2% |
| Amounts payable | 17/49 | €11,212,924 | €11,982,549 | +€769,625 | +6.9% |
| Amounts payable after more than one year | 17 | €3,917,790 | €2,180,818 | -€1.7m | -44.3% |
| Financial debts | 170/4 | €3,917,790 | €2,180,818 | -€1.7m | -44.3% |
| Leasing and similar obligations | 172 | €368,207 | €180,818 | -€187,389 | -50.9% |
| Other loans | 174 | €3,549,582 | €2,000,000 | -€1.5m | -43.7% |
| Amounts payable within one year | 42/48 | €7,269,621 | €9,759,257 | +€2.5m | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €240,985 | €187,389 | -€53,596 | -22.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,935,258 | €9,490,979 | +€2.6m | +36.9% |
| Suppliers | 440/4 | €6,935,258 | €9,490,979 | +€2.6m | +36.9% |
| Taxes, remuneration and social security | 45 | €82,472 | €75,831 | -€6,641 | -8.1% |
| Taxes | 450/3 | - | €6,536 | +€6,536 | |
| Remuneration and social security | 454/9 | €82,472 | €69,295 | -€13,176 | -16.0% |
| Other amounts payable | 47/48 | €10,906 | €5,057 | -€5,849 | -53.6% |
| Accrued charges and deferred income | 492/3 | €25,514 | €42,474 | +€16,960 | +66.5% |
| Operating income | 70/76A | €38,979,191 | €45,579,172 | +€6.6m | +16.9% |
| Turnover | 70 | €38,902,256 | €45,551,465 | +€6.6m | +17.1% |
| Other operating income | 74 | €29,435 | €22,702 | -€6,733 | -22.9% |
| Non-recurring operating income | 76A | €47,500 | €5,005 | -€42,495 | -89.5% |
| Operating charges | 60/66A | €36,222,843 | €42,256,188 | +€6.0m | +16.7% |
| Goods for resale, raw materials and consumables | 60 | €31,368,072 | €36,858,196 | +€5.5m | +17.5% |
| Purchases | 600/8 | €30,594,086 | €33,906,118 | +€3.3m | +10.8% |
| Change in stocks: decrease (increase) | 609 | €773,986 | €2,952,078 | +€2.2m | +281.4% |
| Services and other goods | 61 | €2,838,872 | €3,171,621 | +€332,749 | +11.7% |
| Remuneration, social security and pensions | 62 | €760,371 | €650,810 | -€109,561 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,216,282 | €1,423,545 | +€207,263 | +17.0% |
| Other operating charges | 640/8 | €39,244 | €144,489 | +€105,245 | +268.2% |
| Non-recurring operating charges | 66A | - | €7,526 | +€7,526 | |
| Operating profit (loss) | 9901 | €2,756,349 | €3,322,984 | +€566,636 | +20.6% |
| Financial income | 75/76B | €63,992 | €395,824 | +€331,832 | +518.6% |
| Recurring financial income | 75 | €63,992 | €226,615 | +€162,623 | +254.1% |
| Income from current assets | 751 | €0 | €32,511 | +€32,511 | |
| Other financial income | 752/9 | €63,992 | €194,104 | +€130,112 | +203.3% |
| Non-recurring financial income | 76B | - | €169,209 | +€169,209 | |
| Financial charges | 65/66B | €69,039 | €264,176 | +€195,137 | +282.6% |
| Recurring financial charges | 65 | €69,039 | €264,176 | +€195,137 | +282.6% |
| Debt charges | 650 | €28,639 | €13,625 | -€15,014 | -52.4% |
| Other financial charges | 652/9 | €40,400 | €250,551 | +€210,151 | +520.2% |
| Profit (loss) for the period before taxes | 9903 | €2,751,301 | €3,454,631 | +€703,331 | +25.6% |
| Income taxes | 67/77 | €661,812 | €815,398 | +€153,587 | +23.2% |
| Taxes | 670/3 | €661,812 | €815,398 | +€153,587 | +23.2% |
| Profit (loss) for the period | 9904 | €2,089,489 | €2,639,233 | +€549,744 | +26.3% |
| Transfer to tax-exempt reserves | 689 | - | €842,000 | +€842,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,089,489 | €1,797,233 | -€292,256 | -14.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.