RE.CO. CONSULT: 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.
RE.CO. CONSULT
Largest movements
- Tangible fixed assets -€6,427
down €6,427 (-9.1%), from €70,824 to €64,397
of which Plant, machinery and equipment: -€4,298
- Receivables within one year -€2,029
down €2,029 (-87.3%), from €2,324 to €295
of which Trade receivables: -€1,994
- Cash +€1,828
up €1,828 (+507,894%), from €0 to €1,829
mainly Depreciation (+€5,378) and Net result for the year (+€3,461)
- Stocks and contracts -€1,406
down €1,406 (-22.7%), from €6,207 to €4,801
- Debts after one year -€4,891
down €4,891 (-12.9%), from €37,885 to €32,994
- Other debts -€3,903
down €3,903 (-39.7%), from €9,843 to €5,940
- Profit (loss) carried forward +€3,461
up €3,461, from -€2,967 to €494
- Trade debts -€1,917
down €1,917 (-41.6%), from €4,612 to €2,695
- Staff costs +€3,769
new in 2025: €3,769
- Gross operating margin +€2,037
up €2,037 (+12.9%), from €15,834 to €17,871
- Depreciation -€1,634
down €1,634 (-23.3%), from €7,012 to €5,378
- Taxes +€1,142
new in 2025: €1,142
- Financial charges +€459
up €459 (+18.9%), from €2,423 to €2,882
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 | €79,355 | €71,322 | -€8,034 | -10.1% |
| Fixed assets | 21/28 | €70,824 | €64,397 | -€6,427 | -9.1% |
| Tangible fixed assets | 22/27 | €70,824 | €64,397 | -€6,427 | -9.1% |
| Land and buildings | 22 | €66,120 | €62,139 | -€3,982 | -6.0% |
| Plant, machinery and equipment | 23 | €4,703 | €406 | -€4,298 | -91.4% |
| Other tangible fixed assets | 26 | - | €1,852 | +€1,852 | |
| Current assets | 29/58 | €8,532 | €6,925 | -€1,607 | -18.8% |
| Stocks and contracts in progress | 3 | €6,207 | €4,801 | -€1,406 | -22.7% |
| Stocks | 30/36 | €6,207 | €4,801 | -€1,406 | -22.7% |
| Amounts receivable within one year | 40/41 | €2,324 | €295 | -€2,029 | -87.3% |
| Trade receivables | 40 | €2,289 | €295 | -€1,994 | -87.1% |
| Other amounts receivable | 41 | €35 | - | -€35 | |
| Cash at bank and in hand | 54/58 | €0 | €1,829 | +€1,828 | +507,894% |
| Total equity and liabilities | 10/49 | €79,355 | €71,322 | -€8,034 | -10.1% |
| Equity | 10/15 | €17,484 | €20,945 | +€3,461 | +19.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,967 | €494 | +€3,461 | |
| Amounts payable | 17/49 | €61,871 | €50,377 | -€11,495 | -18.6% |
| Amounts payable after more than one year | 17 | €37,885 | €32,994 | -€4,891 | -12.9% |
| Financial debts | 170/4 | €37,885 | €32,994 | -€4,891 | -12.9% |
| Amounts payable within one year | 42/48 | €23,986 | €17,382 | -€6,604 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €4,751 | €4,891 | +€139 | +2.9% |
| Financial debts | 43 | €40 | - | -€40 | |
| Credit institutions | 430/8 | €40 | - | -€40 | |
| Trade debts | 44 | €4,612 | €2,695 | -€1,917 | -41.6% |
| Suppliers | 440/4 | €4,612 | €2,695 | -€1,917 | -41.6% |
| Advances received on contracts in progress | 46 | €145 | - | -€145 | |
| Taxes, remuneration and social security | 45 | €4,595 | €3,857 | -€738 | -16.1% |
| Taxes | 450/3 | €4,595 | €2,957 | -€1,638 | -35.6% |
| Remuneration and social security | 454/9 | - | €900 | +€900 | |
| Other amounts payable | 47/48 | €9,843 | €5,940 | -€3,903 | -39.7% |
| Remuneration, social security and pensions | 62 | - | €3,769 | +€3,769 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,012 | €5,378 | -€1,634 | -23.3% |
| Other operating charges | 640/8 | €1,257 | €1,255 | -€2 | -0.1% |
| Gross operating margin | 9900 | €15,834 | €17,871 | +€2,037 | +12.9% |
| Operating profit (loss) | 9901 | €7,565 | €7,469 | -€96 | -1.3% |
| Financial income | 75/76B | €18 | €15 | -€3 | -15.6% |
| Recurring financial income | 75 | €18 | €15 | -€3 | -15.6% |
| Financial charges | 65/66B | €2,423 | €2,882 | +€459 | +18.9% |
| Recurring financial charges | 65 | €2,423 | €2,882 | +€459 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €5,160 | €4,603 | -€558 | -10.8% |
| Income taxes | 67/77 | - | €1,142 | +€1,142 | |
| Profit (loss) for the period | 9904 | €5,160 | €3,461 | -€1,699 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,160 | €3,461 | -€1,699 | -32.9% |
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 17 October 2026 via checked.be.