Recreavance: 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.
Recreavance
Largest movements
- Tangible fixed assets -€35,750
down €35,750 (-38.2%), from €93,688 to €57,938
of which Plant, machinery and equipment: -€35,135
- Cash +€24,884
up €24,884 (+91.3%), from €27,268 to €52,152
mainly Depreciation (+€48,750) and Net result for the year (+€33,112)
- Deferred charges and accrued income +€18,687
up €18,687 (+1,613%), from €1,158 to €19,845
- Reserves +€33,112
up €33,112 (+51.8%), from €63,982 to €97,094
- Other debts -€17,700
no longer reported in 2025 (was €17,700)
- Trade debts -€5,338
down €5,338 (-53.1%), from €10,051 to €4,713
- Tax, wage and social debts -€1,971
down €1,971 (-7.6%), from €26,062 to €24,091
of which Taxes: -€3,524
- Gross operating margin -€28,928
down €28,928 (-20.2%), from €143,510 to €114,583
- Staff costs +€4,189
up €4,189 (+35.1%), from €11,940 to €16,129
- Taxes -€4,132
down €4,132 (-26.3%), from €15,691 to €11,559
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 | €122,795 | €130,899 | +€8,103 | +6.6% |
| Fixed assets | 21/28 | €93,688 | €57,938 | -€35,750 | -38.2% |
| Tangible fixed assets | 22/27 | €93,688 | €57,938 | -€35,750 | -38.2% |
| Land and buildings | 22 | €4,069 | €5,154 | +€1,085 | +26.7% |
| Plant, machinery and equipment | 23 | €84,287 | €49,152 | -€35,135 | -41.7% |
| Furniture and vehicles | 24 | €5,332 | €3,632 | -€1,699 | -31.9% |
| Current assets | 29/58 | €29,107 | €72,961 | +€43,853 | +151% |
| Amounts receivable within one year | 40/41 | €681 | €963 | +€282 | +41.4% |
| Trade receivables | 40 | €504 | €763 | +€259 | +51.4% |
| Other amounts receivable | 41 | €177 | €200 | +€23 | +13.0% |
| Cash at bank and in hand | 54/58 | €27,268 | €52,152 | +€24,884 | +91.3% |
| Deferred charges and accrued income | 490/1 | €1,158 | €19,845 | +€18,687 | +1,613% |
| Total equity and liabilities | 10/49 | €122,795 | €130,899 | +€8,103 | +6.6% |
| Equity | 10/15 | €68,982 | €102,094 | +€33,112 | +48.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €63,982 | €97,094 | +€33,112 | +51.8% |
| Distributable reserves | 133 | €63,982 | €97,094 | +€33,112 | +51.8% |
| Amounts payable | 17/49 | €53,813 | €28,805 | -€25,009 | -46.5% |
| Amounts payable within one year | 42/48 | €53,813 | €28,805 | -€25,009 | -46.5% |
| Trade debts | 44 | €10,051 | €4,713 | -€5,338 | -53.1% |
| Suppliers | 440/4 | €10,051 | €4,713 | -€5,338 | -53.1% |
| Taxes, remuneration and social security | 45 | €26,062 | €24,091 | -€1,971 | -7.6% |
| Taxes | 450/3 | €26,062 | €22,538 | -€3,524 | -13.5% |
| Remuneration and social security | 454/9 | - | €1,553 | +€1,553 | |
| Other amounts payable | 47/48 | €17,700 | - | -€17,700 | |
| Remuneration, social security and pensions | 62 | €11,940 | €16,129 | +€4,189 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,037 | €48,750 | +€713 | +1.5% |
| Other operating charges | 640/8 | €1,085 | €565 | -€520 | -47.9% |
| Gross operating margin | 9900 | €143,510 | €114,583 | -€28,928 | -20.2% |
| Operating profit (loss) | 9901 | €82,449 | €49,139 | -€33,310 | -40.4% |
| Financial income | 75/76B | €632 | €248 | -€383 | -60.7% |
| Recurring financial income | 75 | €632 | €248 | -€383 | -60.7% |
| Financial charges | 65/66B | €3,407 | €4,716 | +€1,308 | +38.4% |
| Recurring financial charges | 65 | €3,407 | €4,716 | +€1,308 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | €79,673 | €44,671 | -€35,001 | -43.9% |
| Income taxes | 67/77 | €15,691 | €11,559 | -€4,132 | -26.3% |
| Profit (loss) for the period | 9904 | €63,982 | €33,112 | -€30,870 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,982 | €33,112 | -€30,870 | -48.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.