RECREATUS: 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.
RECREATUS
Largest movements
- Cash -€55,965
down €55,965 (-73.2%), from €76,489 to €20,523
mainly Receivables within one year (-€26,923) and Trade debts (-€15,201)
- Receivables within one year +€26,923
up €26,923 (+221%), from €12,187 to €39,110
of which Trade receivables: +€26,758
- Tangible fixed assets +€10,940
new in 2024: €10,940
- Stocks and contracts -€7,408
down €7,408 (-36.5%), from €20,284 to €12,876
- Trade debts -€15,201
no longer reported in 2024 (was €15,201)
- Tax, wage and social debts -€10,158
down €10,158 (-63.2%), from €16,072 to €5,914
- Other debts -€1,667
down €1,667 (-2.7%), from €62,893 to €61,226
- Profit (loss) carried forward +€1,516
up €1,516 (+15.5%), from €9,794 to €11,309
- Depreciation +€2,010
new in 2024: €2,010
- Other operating charges +€1,025
up €1,025 (+916%), from €112 to €1,137
- Gross operating margin -€431
down €431 (-6.9%), from €6,223 to €5,792
- Taxes -€360
down €360 (-25.1%), from €1,436 to €1,076
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,960 | €83,450 | -€25,510 | -23.4% |
| Fixed assets | 21/28 | - | €10,940 | +€10,940 | |
| Tangible fixed assets | 22/27 | - | €10,940 | +€10,940 | |
| Furniture and vehicles | 24 | - | €10,940 | +€10,940 | |
| Current assets | 29/58 | €108,960 | €72,509 | -€36,450 | -33.5% |
| Stocks and contracts in progress | 3 | €20,284 | €12,876 | -€7,408 | -36.5% |
| Stocks | 30/36 | €20,284 | €12,876 | -€7,408 | -36.5% |
| Amounts receivable within one year | 40/41 | €12,187 | €39,110 | +€26,923 | +221% |
| Trade receivables | 40 | €12,187 | €38,945 | +€26,758 | +220% |
| Other amounts receivable | 41 | - | €165 | +€165 | |
| Cash at bank and in hand | 54/58 | €76,489 | €20,523 | -€55,965 | -73.2% |
| Total equity and liabilities | 10/49 | €108,960 | €83,450 | -€25,510 | -23.4% |
| Equity | 10/15 | €14,794 | €16,309 | +€1,516 | +10.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,794 | €11,309 | +€1,516 | +15.5% |
| Amounts payable | 17/49 | €94,166 | €67,140 | -€27,026 | -28.7% |
| Amounts payable within one year | 42/48 | €94,166 | €67,140 | -€27,026 | -28.7% |
| Trade debts | 44 | €15,201 | - | -€15,201 | |
| Suppliers | 440/4 | €15,201 | - | -€15,201 | |
| Taxes, remuneration and social security | 45 | €16,072 | €5,914 | -€10,158 | -63.2% |
| Taxes | 450/3 | €16,072 | €5,914 | -€10,158 | -63.2% |
| Other amounts payable | 47/48 | €62,893 | €61,226 | -€1,667 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,010 | +€2,010 | |
| Other operating charges | 640/8 | €112 | €1,137 | +€1,025 | +916% |
| Gross operating margin | 9900 | €6,223 | €5,792 | -€431 | -6.9% |
| Operating profit (loss) | 9901 | €6,111 | €2,645 | -€3,467 | -56.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €100 | €53 | -€47 | -47.0% |
| Recurring financial charges | 65 | €100 | €53 | -€47 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €6,011 | €2,592 | -€3,420 | -56.9% |
| Income taxes | 67/77 | €1,436 | €1,076 | -€360 | -25.1% |
| Profit (loss) for the period | 9904 | €4,575 | €1,516 | -€3,060 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,575 | €1,516 | -€3,060 | -66.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.