ReCléVo: 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.
ReCléVo
Largest movements
- Current investments +€11,520
new in 2025: €11,520
- Receivables within one year +€4,707
up €4,707 (+36.8%), from €12,796 to €17,503
of which Trade receivables: +€2,958
- Tangible fixed assets +€1,730
up €1,730 (+11.5%), from €15,010 to €16,740
of which Furniture and vehicles: +€3,420
- Profit (loss) carried forward +€28,554
up €28,554 (+101.3%), from €28,180 to €56,734
- Tax, wage and social debts -€6,625
down €6,625 (-48.0%), from €13,814 to €7,188
- Trade debts -€3,497
down €3,497 (-60.3%), from €5,799 to €2,301
- Gross operating margin +€5,301
up €5,301 (+14.0%), from €37,852 to €43,152
- Depreciation +€3,276
up €3,276 (+387.3%), from €846 to €4,122
- Taxes +€865
up €865 (+11.6%), from €7,445 to €8,310
- Financial charges +€459
up €459 (+37.6%), from €1,220 to €1,679
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,763 | €72,781 | +€18,018 | +32.9% |
| Fixed assets | 21/28 | €15,010 | €16,740 | +€1,730 | +11.5% |
| Tangible fixed assets | 22/27 | €15,010 | €16,740 | +€1,730 | +11.5% |
| Plant, machinery and equipment | 23 | €4,517 | €3,397 | -€1,120 | -24.8% |
| Furniture and vehicles | 24 | €4,932 | €8,352 | +€3,420 | +69.3% |
| Other tangible fixed assets | 26 | €5,560 | €4,990 | -€570 | -10.3% |
| Current assets | 29/58 | €39,753 | €56,041 | +€16,287 | +41.0% |
| Amounts receivable within one year | 40/41 | €12,796 | €17,503 | +€4,707 | +36.8% |
| Trade receivables | 40 | €12,796 | €15,754 | +€2,958 | +23.1% |
| Other amounts receivable | 41 | - | €1,749 | +€1,749 | |
| Current investments | 50/53 | - | €11,520 | +€11,520 | |
| Cash at bank and in hand | 54/58 | €25,749 | €25,797 | +€48 | +0.2% |
| Deferred charges and accrued income | 490/1 | €1,209 | €1,221 | +€12 | +1.0% |
| Total equity and liabilities | 10/49 | €54,763 | €72,781 | +€18,018 | +32.9% |
| Equity | 10/15 | €31,180 | €59,734 | +€28,554 | +91.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,180 | €56,734 | +€28,554 | +101.3% |
| Amounts payable | 17/49 | €23,583 | €13,047 | -€10,536 | -44.7% |
| Amounts payable within one year | 42/48 | €23,583 | €13,047 | -€10,536 | -44.7% |
| Trade debts | 44 | €5,799 | €2,301 | -€3,497 | -60.3% |
| Suppliers | 440/4 | €5,799 | €2,301 | -€3,497 | -60.3% |
| Taxes, remuneration and social security | 45 | €13,814 | €7,188 | -€6,625 | -48.0% |
| Taxes | 450/3 | €13,814 | €7,188 | -€6,625 | -48.0% |
| Other amounts payable | 47/48 | €3,970 | €3,557 | -€414 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €846 | €4,122 | +€3,276 | +387.3% |
| Other operating charges | 640/8 | €160 | €137 | -€23 | -14.3% |
| Gross operating margin | 9900 | €37,852 | €43,152 | +€5,301 | +14.0% |
| Operating profit (loss) | 9901 | €36,845 | €38,893 | +€2,047 | +5.6% |
| Financial income | 75/76B | - | €195 | +€195 | |
| Recurring financial income | 75 | - | €195 | +€195 | |
| Financial charges | 65/66B | €1,220 | €1,679 | +€459 | +37.6% |
| Recurring financial charges | 65 | €1,220 | €1,679 | +€459 | +37.6% |
| Profit (loss) for the period before taxes | 9903 | €35,625 | €37,410 | +€1,784 | +5.0% |
| Income taxes | 67/77 | €7,445 | €8,310 | +€865 | +11.6% |
| Profit (loss) for the period | 9904 | €28,180 | €29,100 | +€919 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,180 | €29,100 | +€919 | +3.3% |
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 11 October 2026 via checked.be.