RECI BVBA: 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.
RECI BVBA
Largest movements
- Cash +€3,682
up €3,682 (+50.8%), from €7,249 to €10,931
mainly Depreciation (+€5,314) and Trade debts (+€1,972)
- Intangible fixed assets -€2,069
down €2,069 (-68.7%), from €3,010 to €941
- Tangible fixed assets -€1,838
down €1,838 (-2.8%), from €65,791 to €63,952
of which Land and buildings: -€1,847
- Receivables within one year +€1,277
up €1,277 (+11.9%), from €10,759 to €12,036
of which Other amounts receivable: +€2,766
- Debts after one year -€3,489
down €3,489 (-12.3%), from €28,335 to €24,846
- Trade debts +€1,972
up €1,972 (+454%), from €434 to €2,406
- Other debts +€1,535
up €1,535 (+13.0%), from €11,843 to €13,378
- Tax, wage and social debts +€1,431
up €1,431 (+13.2%), from €10,883 to €12,314
- Gross operating margin -€2,486
down €2,486 (-17.5%), from €14,186 to €11,700
- Other operating charges +€900
up €900 (+232%), from €387 to €1,288
- Depreciation -€263
down €263 (-4.7%), from €5,576 to €5,314
- Taxes -€206
down €206 (-12.4%), from €1,659 to €1,453
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 | €86,870 | €88,543 | +€1,673 | +1.9% |
| Fixed assets | 21/28 | €68,801 | €64,893 | -€3,908 | -5.7% |
| Intangible fixed assets | 21 | €3,010 | €941 | -€2,069 | -68.7% |
| Tangible fixed assets | 22/27 | €65,791 | €63,952 | -€1,838 | -2.8% |
| Land and buildings | 22 | €59,091 | €57,244 | -€1,847 | -3.1% |
| Plant, machinery and equipment | 23 | €3,066 | €2,129 | -€937 | -30.6% |
| Furniture and vehicles | 24 | - | €1,374 | +€1,374 | |
| Other tangible fixed assets | 26 | €3,634 | €3,205 | -€428 | -11.8% |
| Current assets | 29/58 | €18,069 | €23,650 | +€5,581 | +30.9% |
| Amounts receivable within one year | 40/41 | €10,759 | €12,036 | +€1,277 | +11.9% |
| Trade receivables | 40 | €9,158 | €7,669 | -€1,488 | -16.3% |
| Other amounts receivable | 41 | €1,601 | €4,367 | +€2,766 | +173% |
| Cash at bank and in hand | 54/58 | €7,249 | €10,931 | +€3,682 | +50.8% |
| Deferred charges and accrued income | 490/1 | €61 | €683 | +€622 | +1,012% |
| Total equity and liabilities | 10/49 | €86,870 | €88,543 | +€1,673 | +1.9% |
| Equity | 10/15 | €31,487 | €31,479 | -€7 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,449 | €15,275 | +€826 | +5.7% |
| Distributable reserves | 133 | €14,449 | €15,275 | +€826 | +5.7% |
| Profit (loss) carried forward | 14 | €10,838 | €10,005 | -€833 | -7.7% |
| Amounts payable | 17/49 | €55,383 | €57,064 | +€1,681 | +3.0% |
| Amounts payable after more than one year | 17 | €28,335 | €24,846 | -€3,489 | -12.3% |
| Financial debts | 170/4 | €28,335 | €24,846 | -€3,489 | -12.3% |
| Amounts payable within one year | 42/48 | €27,048 | €32,143 | +€5,095 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €3,888 | €3,489 | -€399 | -10.3% |
| Financial debts | 43 | - | €556 | +€556 | |
| Credit institutions | 430/8 | - | €514 | +€514 | |
| Other loans | 439 | - | €42 | +€42 | |
| Trade debts | 44 | €434 | €2,406 | +€1,972 | +454% |
| Suppliers | 440/4 | €434 | €2,406 | +€1,972 | +454% |
| Taxes, remuneration and social security | 45 | €10,883 | €12,314 | +€1,431 | +13.2% |
| Taxes | 450/3 | €10,883 | €12,314 | +€1,431 | +13.2% |
| Other amounts payable | 47/48 | €11,843 | €13,378 | +€1,535 | +13.0% |
| Accrued charges and deferred income | 492/3 | - | €75 | +€75 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,576 | €5,314 | -€263 | -4.7% |
| Other operating charges | 640/8 | €387 | €1,288 | +€900 | +232% |
| Gross operating margin | 9900 | €14,186 | €11,700 | -€2,486 | -17.5% |
| Operating profit (loss) | 9901 | €8,223 | €5,099 | -€3,123 | -38.0% |
| Financial income | 75/76B | €71 | €5 | -€65 | -92.4% |
| Recurring financial income | 75 | €71 | €5 | -€65 | -92.4% |
| Financial charges | 65/66B | €2,858 | €2,826 | -€32 | -1.1% |
| Recurring financial charges | 65 | €2,858 | €2,826 | -€32 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €5,435 | €2,279 | -€3,157 | -58.1% |
| Income taxes | 67/77 | €1,659 | €1,453 | -€206 | -12.4% |
| Profit (loss) for the period | 9904 | €3,776 | €826 | -€2,951 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,776 | €826 | -€2,951 | -78.1% |
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 16 October 2026 via checked.be.