RECOM INTERNATIONAL: 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.
RECOM INTERNATIONAL
Largest movements
- Tangible fixed assets -€17,616
down €17,616 (-37.5%), from €46,959 to €29,344
- Receivables within one year -€4,657
down €4,657 (-96.5%), from €4,828 to €171
- Deferred charges and accrued income -€2,208
down €2,208 (-71.3%), from €3,097 to €889
- Other debts -€12,698
down €12,698 (-11.3%), from €112,458 to €99,760
- Profit (loss) carried forward -€11,681
down €11,681 (-6.3%), from -€184,856 to -€196,537
- Gross operating margin -€3,897
down €3,897 (-34.7%), from €11,234 to €7,338
- Other operating charges +€706
up €706 (+130%), from €544 to €1,250
- Taxes -€347
no longer reported in 2025 (was €347)
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 | €55,216 | €30,889 | -€24,327 | -44.1% |
| Fixed assets | 21/28 | €46,959 | €29,344 | -€17,616 | -37.5% |
| Tangible fixed assets | 22/27 | €46,959 | €29,344 | -€17,616 | -37.5% |
| Furniture and vehicles | 24 | €46,959 | €29,344 | -€17,616 | -37.5% |
| Current assets | 29/58 | €8,257 | €1,545 | -€6,711 | -81.3% |
| Amounts receivable within one year | 40/41 | €4,828 | €171 | -€4,657 | -96.5% |
| Other amounts receivable | 41 | €4,828 | €171 | -€4,657 | -96.5% |
| Cash at bank and in hand | 54/58 | €332 | €486 | +€154 | +46.3% |
| Deferred charges and accrued income | 490/1 | €3,097 | €889 | -€2,208 | -71.3% |
| Total equity and liabilities | 10/49 | €55,216 | €30,889 | -€24,327 | -44.1% |
| Equity | 10/15 | -€57,731 | -€69,412 | -€11,681 | -20.2% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Contributions outside capital | 11 | €120,000 | €120,000 | = | 0.0% |
| Other | 1109/19 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €7,125 | €7,125 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,125 | €7,125 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,125 | €7,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,856 | -€196,537 | -€11,681 | -6.3% |
| Amounts payable | 17/49 | €112,947 | €100,301 | -€12,646 | -11.2% |
| Amounts payable within one year | 42/48 | €112,947 | €100,301 | -€12,646 | -11.2% |
| Trade debts | 44 | €489 | €541 | +€52 | +10.6% |
| Suppliers | 440/4 | €489 | €541 | +€52 | +10.6% |
| Other amounts payable | 47/48 | €112,458 | €99,760 | -€12,698 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,616 | €17,616 | = | 0.0% |
| Other operating charges | 640/8 | €544 | €1,250 | +€706 | +130% |
| Gross operating margin | 9900 | €11,234 | €7,338 | -€3,897 | -34.7% |
| Operating profit (loss) | 9901 | -€6,925 | -€11,528 | -€4,602 | -66.5% |
| Financial charges | 65/66B | €155 | €153 | -€2 | -1.4% |
| Recurring financial charges | 65 | €155 | €153 | -€2 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,081 | -€11,681 | -€4,600 | -65.0% |
| Income taxes | 67/77 | €347 | - | -€347 | |
| Profit (loss) for the period | 9904 | -€7,428 | -€11,681 | -€4,253 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,428 | -€11,681 | -€4,253 | -57.3% |
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 23 October 2026 via checked.be.