Recovinyl: 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.
Recovinyl
Largest movements
- Cash -€62,181
down €62,181 (-2.9%), from €2.1m to €2.1m
mainly Trade debts (-€78,673) and Net result for the year (-€12,820)
- Trade debts -€78,673
down €78,673 (-19.5%), from €402,535 to €323,862
- Gross operating margin +€142,248
up €142,248, from -€134,023 to €8,225
- Depreciation -€7,380
down €7,380 (-32.1%), from €22,980 to €15,600
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 | €2,197,315 | €2,120,526 | -€76,789 | -3.5% |
| Fixed assets | 21/28 | €42,986 | €27,386 | -€15,600 | -36.3% |
| Intangible fixed assets | 21 | €38,410 | €24,494 | -€13,916 | -36.2% |
| Tangible fixed assets | 22/27 | €4,577 | €2,892 | -€1,684 | -36.8% |
| Land and buildings | 22 | €739 | €739 | = | 0.0% |
| Furniture and vehicles | 24 | €3,838 | €2,153 | -€1,684 | -43.9% |
| Current assets | 29/58 | €2,154,328 | €2,093,139 | -€61,189 | -2.8% |
| Amounts receivable within one year | 40/41 | €41,746 | €41,099 | -€647 | -1.5% |
| Trade receivables | 40 | €40,519 | €40,955 | +€435 | +1.1% |
| Other amounts receivable | 41 | €1,226 | €145 | -€1,082 | -88.2% |
| Cash at bank and in hand | 54/58 | €2,112,583 | €2,050,401 | -€62,181 | -2.9% |
| Deferred charges and accrued income | 490/1 | €0 | €1,639 | +€1,639 | |
| Total equity and liabilities | 10/49 | €2,197,315 | €2,120,526 | -€76,789 | -3.5% |
| Equity | 10/15 | €1,755,569 | €1,742,750 | -€12,820 | -0.7% |
| Profit (loss) carried forward | 14 | €1,755,569 | €1,742,750 | -€12,820 | -0.7% |
| Amounts payable | 17/49 | €441,746 | €377,776 | -€63,970 | -14.5% |
| Amounts payable within one year | 42/48 | €441,746 | €377,715 | -€64,031 | -14.5% |
| Trade debts | 44 | €402,535 | €323,862 | -€78,673 | -19.5% |
| Suppliers | 440/4 | €402,535 | €323,862 | -€78,673 | -19.5% |
| Taxes, remuneration and social security | 45 | €39,210 | €53,853 | +€14,642 | +37.3% |
| Taxes | 450/3 | €38,715 | €53,357 | +€14,642 | +37.8% |
| Remuneration and social security | 454/9 | €496 | €496 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €61 | +€61 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,980 | €15,600 | -€7,380 | -32.1% |
| Other operating charges | 640/8 | €3,908 | €5,191 | +€1,283 | +32.8% |
| Gross operating margin | 9900 | -€134,023 | €8,225 | +€142,248 | |
| Operating profit (loss) | 9901 | -€160,910 | -€12,565 | +€148,345 | +92.2% |
| Financial charges | 65/66B | €299 | €254 | -€44 | -14.8% |
| Recurring financial charges | 65 | €299 | €254 | -€44 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€161,209 | -€12,820 | +€148,389 | +92.0% |
| Profit (loss) for the period | 9904 | -€161,209 | -€12,820 | +€148,389 | +92.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€161,209 | -€12,820 | +€148,389 | +92.0% |
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 31 October 2026 via checked.be.