RECOO: 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.
RECOO
Largest movements
- Cash +€18,564
new in 2025: €18,564
mainly Net result for the year (+€15,473) and Tax, wage and social debts (+€10,881)
- Receivables within one year +€7,498
up €7,498 (+14.5%), from €51,627 to €59,125
of which Other amounts receivable: +€4,790
- Profit (loss) carried forward +€15,473
up €15,473 (+759.3%), from €2,038 to €17,511
- Tax, wage and social debts +€10,881
up €10,881 (+284.5%), from €3,825 to €14,706
- Other debts +€8,108
up €8,108 (+72.9%), from €11,127 to €19,235
- Trade debts -€4,869
down €4,869 (-34.0%), from €14,328 to €9,459
- Short-term financial debts -€3,325
no longer reported in 2025 (was €3,325)
- Gross operating margin +€9,456
up €9,456 (+91.3%), from €10,362 to €19,817
- Depreciation -€3,250
down €3,250 (-74.8%), from €4,344 to €1,095
- Financial charges +€1,629
up €1,629 (+344.6%), from €473 to €2,102
- Financial income -€356
down €356 (-58.2%), from €612 to €256
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 | €55,103 | €81,371 | +€26,268 | +47.7% |
| Fixed assets | 21/28 | €3,476 | €3,681 | +€205 | +5.9% |
| Tangible fixed assets | 22/27 | €2,256 | €2,461 | +€205 | +9.1% |
| Furniture and vehicles | 24 | €2,256 | €2,461 | +€205 | +9.1% |
| Financial fixed assets | 28 | €1,220 | €1,220 | = | 0.0% |
| Current assets | 29/58 | €51,627 | €77,690 | +€26,063 | +50.5% |
| Amounts receivable within one year | 40/41 | €51,627 | €59,125 | +€7,498 | +14.5% |
| Trade receivables | 40 | €38,245 | €40,953 | +€2,708 | +7.1% |
| Other amounts receivable | 41 | €13,382 | €18,172 | +€4,790 | +35.8% |
| Cash at bank and in hand | 54/58 | - | €18,564 | +€18,564 | |
| Total equity and liabilities | 10/49 | €55,103 | €81,371 | +€26,268 | +47.7% |
| Equity | 10/15 | €22,498 | €37,971 | +€15,473 | +68.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €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 | €2,038 | €17,511 | +€15,473 | +759.3% |
| Amounts payable | 17/49 | €32,605 | €43,400 | +€10,794 | +33.1% |
| Amounts payable within one year | 42/48 | €32,605 | €43,400 | +€10,794 | +33.1% |
| Financial debts | 43 | €3,325 | - | -€3,325 | |
| Credit institutions | 430/8 | €3,325 | - | -€3,325 | |
| Trade debts | 44 | €14,328 | €9,459 | -€4,869 | -34.0% |
| Suppliers | 440/4 | €14,328 | €9,459 | -€4,869 | -34.0% |
| Taxes, remuneration and social security | 45 | €3,825 | €14,706 | +€10,881 | +284.5% |
| Taxes | 450/3 | €3,825 | €14,706 | +€10,881 | +284.5% |
| Other amounts payable | 47/48 | €11,127 | €19,235 | +€8,108 | +72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,344 | €1,095 | -€3,250 | -74.8% |
| Other operating charges | 640/8 | €1,168 | €1,139 | -€29 | -2.5% |
| Gross operating margin | 9900 | €10,362 | €19,817 | +€9,456 | +91.3% |
| Operating profit (loss) | 9901 | €4,849 | €17,583 | +€12,734 | +262.6% |
| Financial income | 75/76B | €612 | €256 | -€356 | -58.2% |
| Recurring financial income | 75 | €612 | €256 | -€356 | -58.2% |
| Financial charges | 65/66B | €473 | €2,102 | +€1,629 | +344.6% |
| Recurring financial charges | 65 | €473 | €2,102 | +€1,629 | +344.6% |
| Profit (loss) for the period before taxes | 9903 | €4,988 | €15,737 | +€10,749 | +215.5% |
| Income taxes | 67/77 | €143 | €264 | +€121 | +84.9% |
| Profit (loss) for the period | 9904 | €4,846 | €15,473 | +€10,628 | +219.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,846 | €15,473 | +€10,628 | +219.3% |
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 10 October 2026 via checked.be.