RECAMIX: 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.
RECAMIX
Largest movements
- Receivables within one year -€28,689
down €28,689 (-16.4%), from €174,949 to €146,260
of which Other amounts receivable: -€23,244
- Profit (loss) carried forward -€32,280
down €32,280 (-28.5%), from -€113,347 to -€145,627
- Accrued charges and deferred income +€2,250
up €2,250 (+31.9%), from €7,050 to €9,300
- Financial income -€64,130
no longer reported in 2025 (was €64,130)
of which Financial income: -€64,130
- Gross operating margin -€15,422
down €15,422 (-110%), from -€14,045 to -€29,467
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 | €196,253 | €167,801 | -€28,452 | -14.5% |
| Fixed assets | 21/28 | - | €243 | +€243 | |
| Tangible fixed assets | 22/27 | - | €243 | +€243 | |
| Leasing and similar rights | 25 | - | €243 | +€243 | |
| Current assets | 29/58 | €196,253 | €167,558 | -€28,695 | -14.6% |
| Amounts receivable within one year | 40/41 | €174,949 | €146,260 | -€28,689 | -16.4% |
| Trade receivables | 40 | €5,445 | - | -€5,445 | |
| Other amounts receivable | 41 | €169,504 | €146,260 | -€23,244 | -13.7% |
| Cash at bank and in hand | 54/58 | €6 | €1 | -€6 | -91.5% |
| Deferred charges and accrued income | 490/1 | €21,298 | €21,298 | = | 0.0% |
| Total equity and liabilities | 10/49 | €196,253 | €167,801 | -€28,452 | -14.5% |
| Equity | 10/15 | -€92,887 | -€125,167 | -€32,280 | -34.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,347 | -€145,627 | -€32,280 | -28.5% |
| Amounts payable | 17/49 | €289,140 | €292,968 | +€3,828 | +1.3% |
| Amounts payable after more than one year | 17 | €170,000 | €170,000 | = | 0.0% |
| Financial debts | 170/4 | €170,000 | €170,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €112,090 | €113,668 | +€1,578 | +1.4% |
| Trade debts | 44 | €112,090 | €113,668 | +€1,578 | +1.4% |
| Suppliers | 440/4 | €112,090 | €113,668 | +€1,578 | +1.4% |
| Accrued charges and deferred income | 492/3 | €7,050 | €9,300 | +€2,250 | +31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €63 | +€63 | |
| Other operating charges | 640/8 | €637 | €400 | -€238 | -37.3% |
| Gross operating margin | 9900 | -€14,045 | -€29,467 | -€15,422 | -110% |
| Operating profit (loss) | 9901 | -€14,683 | -€29,931 | -€15,248 | -104% |
| Financial income | 75/76B | €64,130 | - | -€64,130 | |
| Recurring financial income | 75 | €64,130 | - | -€64,130 | |
| Non-recurring financial income | 76B | €64,130 | - | -€64,130 | |
| Financial charges | 65/66B | €2,323 | €2,349 | +€26 | +1.1% |
| Recurring financial charges | 65 | €2,323 | €2,349 | +€26 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €47,124 | -€32,280 | -€79,404 | |
| Profit (loss) for the period | 9904 | €47,124 | -€32,280 | -€79,404 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,124 | -€32,280 | -€79,404 |
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 14 October 2026 via checked.be.