MRM Recycling: what changed
MRM Recycling
Largest movements
- Tangible fixed assets +€286,804
up €286,804 (+1,291%), from €22,213 to €309,016
of which Leasing and similar rights: +€176,905
- Receivables within one year +€50,214
up €50,214 (+73.2%), from €68,633 to €118,847
of which Other amounts receivable: +€108,914
- Cash +€20,664
up €20,664 (+509%), from €4,057 to €24,721
mainly Debts after one year (+€133,415) and Depreciation (+€73,112)
- Deferred charges and accrued income +€5,328
up €5,328 (+1,560%), from €342 to €5,670
- Debts after one year +€133,415
up €133,415, from €0 to €133,415
- Current portion of long-term debt +€50,831
up €50,831, from €0 to €50,831
- Short-term financial debts +€50,000
up €50,000 (+100%), from €50,000 to €100,000
- Reserves +€42,615
up €42,615 (+212%), from €20,118 to €62,734
- Other debts +€40,000
up €40,000 (+200%), from €20,000 to €60,000
- Gross operating margin +€219,455
up €219,455 (+235%), from €93,398 to €312,853
- Staff costs +€92,688
up €92,688 (+132%), from €70,277 to €162,964
- Depreciation +€69,532
up €69,532 (+1,942%), from €3,580 to €73,112
- Taxes +€11,681
up €11,681 (+281%), from €4,157 to €15,837
- Financial charges +€7,455
up €7,455 (+122%), from €6,098 to €13,553
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,745 | €503,254 | +€365,510 | +265% |
| Fixed assets | 21/28 | €22,213 | €309,016 | +€286,804 | +1,291% |
| Tangible fixed assets | 22/27 | €22,213 | €309,016 | +€286,804 | +1,291% |
| Plant, machinery and equipment | 23 | €20,997 | €113,639 | +€92,642 | +441% |
| Furniture and vehicles | 24 | €1,216 | €18,472 | +€17,257 | +1,419% |
| Leasing and similar rights | 25 | - | €176,905 | +€176,905 | |
| Current assets | 29/58 | €115,532 | €194,238 | +€78,706 | +68.1% |
| Stocks and contracts in progress | 3 | €42,500 | €45,000 | +€2,500 | +5.9% |
| Stocks | 30/36 | €42,500 | €45,000 | +€2,500 | +5.9% |
| Amounts receivable within one year | 40/41 | €68,633 | €118,847 | +€50,214 | +73.2% |
| Trade receivables | 40 | €62,212 | €3,512 | -€58,700 | -94.4% |
| Other amounts receivable | 41 | €6,421 | €115,335 | +€108,914 | +1,696% |
| Cash at bank and in hand | 54/58 | €4,057 | €24,721 | +€20,664 | +509% |
| Deferred charges and accrued income | 490/1 | €342 | €5,670 | +€5,328 | +1,560% |
| Total equity and liabilities | 10/49 | €137,745 | €503,254 | +€365,510 | +265% |
| Equity | 10/15 | €23,118 | €65,734 | +€42,615 | +184% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €20,118 | €62,734 | +€42,615 | +212% |
| Distributable reserves | 133 | €20,118 | €62,734 | +€42,615 | +212% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €114,626 | €437,520 | +€322,894 | +282% |
| Amounts payable after more than one year | 17 | €0 | €133,415 | +€133,415 | |
| Financial debts | 170/4 | €0 | €133,415 | +€133,415 | |
| Amounts payable within one year | 42/48 | €114,626 | €304,105 | +€189,479 | +165% |
| Current portion of amounts payable after more than one year | 42 | €0 | €50,831 | +€50,831 | |
| Financial debts | 43 | €50,000 | €100,000 | +€50,000 | +100% |
| Credit institutions | 430/8 | €50,000 | €100,000 | +€50,000 | +100% |
| Trade debts | 44 | €28,592 | €51,627 | +€23,035 | +80.6% |
| Suppliers | 440/4 | €28,592 | €51,627 | +€23,035 | +80.6% |
| Taxes, remuneration and social security | 45 | €16,034 | €41,647 | +€25,613 | +160% |
| Taxes | 450/3 | €2,635 | €23,188 | +€20,553 | +780% |
| Remuneration and social security | 454/9 | €13,398 | €18,458 | +€5,060 | +37.8% |
| Other amounts payable | 47/48 | €20,000 | €60,000 | +€40,000 | +200% |
| Non-recurring operating income | 76A | - | €19,985 | +€19,985 | |
| Remuneration, social security and pensions | 62 | €70,277 | €162,964 | +€92,688 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,580 | €73,112 | +€69,532 | +1,942% |
| Other operating charges | 640/8 | - | €5,133 | +€5,133 | |
| Gross operating margin | 9900 | €93,398 | €312,853 | +€219,455 | +235% |
| Operating profit (loss) | 9901 | €19,542 | €71,644 | +€52,102 | +267% |
| Financial income | 75/76B | €281 | €362 | +€80 | +28.5% |
| Recurring financial income | 75 | €281 | €362 | +€80 | +28.5% |
| Financial charges | 65/66B | €6,098 | €13,553 | +€7,455 | +122% |
| Recurring financial charges | 65 | €6,098 | €13,553 | +€7,455 | +122% |
| Profit (loss) for the period before taxes | 9903 | €13,725 | €58,452 | +€44,728 | +326% |
| Income taxes | 67/77 | €4,157 | €15,837 | +€11,681 | +281% |
| Profit (loss) for the period | 9904 | €9,568 | €42,615 | +€33,047 | +345% |
| Profit (loss) for the period to be appropriated | 9905 | €9,568 | €42,615 | +€33,047 | +345% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.