RECLIPS: what changed
Two fiscal 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.
RECLIPS
Largest movements
- Cash -€10,040
down €10,040 (-45.9%), from €21,870 to €11,829
mainly Current investments (-€5,500) and Receivables within one year (-€3,854)
- Current investments +€5,500
up €5,500 (+5.5%), from €99,534 to €105,034
- Receivables within one year +€3,854
up €3,854 (+4.5%), from €84,886 to €88,740
of which Other amounts receivable: +€4,644
- Tax, wage and social debts -€3,296
down €3,296 (-71.1%), from €4,638 to €1,343
of which Remuneration and social security: -€1,800
- Gross operating margin -€14,369
down €14,369 (-81.6%), from €17,616 to €3,247
- Taxes -€4,862
down €4,862 (-69.7%), from €6,977 to €2,115
- Financial income -€436
down €436 (-9.5%), from €4,611 to €4,174
- Other operating charges +€304
up €304 (+8.7%), from €3,496 to €3,800
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 | €251,634 | €251,030 | -€605 | -0.2% |
| Fixed assets | 21/28 | €43,003 | €43,231 | +€228 | +0.5% |
| Tangible fixed assets | 22/27 | €43,003 | €43,231 | +€228 | +0.5% |
| Land and buildings | 22 | €43,003 | €43,003 | = | 0.0% |
| Furniture and vehicles | 24 | - | €228 | +€228 | |
| Current assets | 29/58 | €208,632 | €207,799 | -€833 | -0.4% |
| Stocks and contracts in progress | 3 | €2,342 | €2,196 | -€146 | -6.2% |
| Stocks | 30/36 | €2,342 | €2,196 | -€146 | -6.2% |
| Amounts receivable within one year | 40/41 | €84,886 | €88,740 | +€3,854 | +4.5% |
| Trade receivables | 40 | €2,264 | €1,475 | -€790 | -34.9% |
| Other amounts receivable | 41 | €82,621 | €87,265 | +€4,644 | +5.6% |
| Current investments | 50/53 | €99,534 | €105,034 | +€5,500 | +5.5% |
| Cash at bank and in hand | 54/58 | €21,870 | €11,829 | -€10,040 | -45.9% |
| Total equity and liabilities | 10/49 | €251,634 | €251,030 | -€605 | -0.2% |
| Equity | 10/15 | €243,265 | €244,212 | +€947 | +0.4% |
| Contributions | 10/11 | €11,163 | €11,163 | = | 0.0% |
| Reserves | 13 | €232,095 | €232,095 | = | 0.0% |
| Distributable reserves | 133 | €232,095 | €232,095 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7 | €954 | +€947 | +13078.6% |
| Amounts payable | 17/49 | €8,369 | €6,817 | -€1,552 | -18.5% |
| Amounts payable within one year | 42/48 | €8,369 | €6,817 | -€1,552 | -18.5% |
| Trade debts | 44 | €2,731 | €4,475 | +€1,744 | +63.9% |
| Suppliers | 440/4 | €2,731 | €4,475 | +€1,744 | +63.9% |
| Taxes, remuneration and social security | 45 | €4,638 | €1,343 | -€3,296 | -71.1% |
| Taxes | 450/3 | €2,838 | €1,343 | -€1,496 | -52.7% |
| Remuneration and social security | 454/9 | €1,800 | - | -€1,800 | |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €76 | +€76 | |
| Other operating charges | 640/8 | €3,496 | €3,800 | +€304 | +8.7% |
| Gross operating margin | 9900 | €17,616 | €3,247 | -€14,369 | -81.6% |
| Operating profit (loss) | 9901 | €14,120 | -€629 | -€14,749 | |
| Financial income | 75/76B | €4,611 | €4,174 | -€436 | -9.5% |
| Recurring financial income | 75 | €4,611 | €4,174 | -€436 | -9.5% |
| Financial charges | 65/66B | €644 | €483 | -€161 | -24.9% |
| Recurring financial charges | 65 | €644 | €483 | -€161 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €18,087 | €3,062 | -€15,025 | -83.1% |
| Income taxes | 67/77 | €6,977 | €2,115 | -€4,862 | -69.7% |
| Profit (loss) for the period | 9904 | €11,109 | €947 | -€10,163 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,109 | €947 | -€10,163 | -91.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.