Recrelux: what changed
What changed
Recrelux
NACE 93.299, Other amusement and recreation activities
filed annual accounts (NBB)
Net result for the year
€65
2024 · -€16,646+€16,711
Equity
-€6,859
2024 · -€6,924+€65
Cash
€20,214
2024 · €46,436-€26,222
Balance sheet total
€229,851
2024 · €239,855-€10,003
Largest movements
Assets
- Cash -€26,222
down €26,222 (-56.5%), from €46,436 to €20,214
mainly Short-term financial debts (-€50,000) and Investment in fixed assets (net) (-€48,727)
- Tangible fixed assets +€15,984
up €15,984 (+9.1%), from €175,286 to €191,270
of which Furniture and vehicles: +€25,249
Equity and liabilities
- Debts after one year +€60,583
up €60,583 (+49.4%), from €122,671 to €183,254
of which Other amounts payable: +€100,303
- Short-term financial debts -€50,000
no longer reported in 2025 (was €50,000)
- Trade debts -€14,714
down €14,714 (-72.2%), from €20,378 to €5,665
- Other debts -€8,858
no longer reported in 2025 (was €8,858)
- Tax, wage and social debts +€4,074
up €4,074 (+127%), from €3,218 to €7,292
of which Taxes: +€3,295
Income statement
- Gross operating margin +€18,421
up €18,421 (+35.7%), from €51,581 to €70,002
- Staff costs +€2,306
up €2,306 (+12.3%), from €18,794 to €21,100
- Financial charges -€1,735
down €1,735 (-12.8%), from €13,573 to €11,838
- Depreciation +€1,153
up €1,153 (+3.7%), from €31,590 to €32,743
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€16,646
Gross operating margin
+€18,421
Staff costs
-€2,306
Depreciation
-€1,153
Other operating charges
-€100
Financial income
+€34
Financial charges
+€1,735
Taxes
+€80
Result 2025
€65
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€12,833
Investment
-€48,727
Financing
+€9,673
Cash 2024
€46,436
From operations (derived)
+€12,833
Net result for the year
+€65
Depreciation
+€32,743
Stocks and contracts
+€479
Receivables within one year
-€2,147
Deferred charges and accrued income
+€1,434
Trade debts
-€14,714
Tax, wage and social debts
+€4,074
Advances received
+€360
Other debts
-€8,858
Accrued charges and deferred income
-€603
Investment (derived)
-€48,727
Investment in fixed assets (net)
-€48,727
Financing
+€9,673
Debts after one year
+€60,583
Current portion of long-term debt
-€911
Short-term financial debts
-€50,000
Cash 2025
€20,214
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €239,855 | €229,851 | -€10,003 | -4.2% |
| Fixed assets | 21/28 | €175,386 | €191,370 | +€15,984 | +9.1% |
| Tangible fixed assets | 22/27 | €175,286 | €191,270 | +€15,984 | +9.1% |
| Land and buildings | 22 | €147,252 | €130,100 | -€17,153 | -11.6% |
| Plant, machinery and equipment | 23 | €12,370 | €20,258 | +€7,888 | +63.8% |
| Furniture and vehicles | 24 | €15,664 | €40,912 | +€25,249 | +161% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €64,469 | €38,481 | -€25,987 | -40.3% |
| Stocks and contracts in progress | 3 | €4,416 | €3,937 | -€479 | -10.8% |
| Stocks | 30/36 | €4,416 | €3,937 | -€479 | -10.8% |
| Amounts receivable within one year | 40/41 | €6,699 | €8,846 | +€2,147 | +32.1% |
| Trade receivables | 40 | €5,264 | €5,525 | +€261 | +5.0% |
| Other amounts receivable | 41 | €1,435 | €3,321 | +€1,886 | +131% |
| Cash at bank and in hand | 54/58 | €46,436 | €20,214 | -€26,222 | -56.5% |
| Deferred charges and accrued income | 490/1 | €6,919 | €5,484 | -€1,434 | -20.7% |
| Total equity and liabilities | 10/49 | €239,855 | €229,851 | -€10,003 | -4.2% |
| Equity | 10/15 | -€6,924 | -€6,859 | +€65 | +0.9% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Reserves | 13 | €7,298 | €7,298 | = | 0.0% |
| Distributable reserves | 133 | €7,298 | €7,298 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,627 | -€34,562 | +€65 | +0.2% |
| Amounts payable | 17/49 | €246,779 | €236,710 | -€10,068 | -4.1% |
| Amounts payable after more than one year | 17 | €122,671 | €183,254 | +€60,583 | +49.4% |
| Financial debts | 170/4 | €122,671 | €82,951 | -€39,719 | -32.4% |
| Other amounts payable | 178/9 | - | €100,303 | +€100,303 | |
| Amounts payable within one year | 42/48 | €123,505 | €53,456 | -€70,048 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €40,630 | €39,719 | -€911 | -2.2% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Credit institutions | 430/8 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €20,378 | €5,665 | -€14,714 | -72.2% |
| Suppliers | 440/4 | €20,378 | €5,665 | -€14,714 | -72.2% |
| Advances received on contracts in progress | 46 | €420 | €780 | +€360 | +85.7% |
| Taxes, remuneration and social security | 45 | €3,218 | €7,292 | +€4,074 | +127% |
| Taxes | 450/3 | €1,196 | €4,491 | +€3,295 | +276% |
| Remuneration and social security | 454/9 | €2,022 | €2,801 | +€779 | +38.5% |
| Other amounts payable | 47/48 | €8,858 | - | -€8,858 | |
| Accrued charges and deferred income | 492/3 | €603 | - | -€603 | |
| Remuneration, social security and pensions | 62 | €18,794 | €21,100 | +€2,306 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,590 | €32,743 | +€1,153 | +3.7% |
| Other operating charges | 640/8 | €3,842 | €3,942 | +€100 | +2.6% |
| Gross operating margin | 9900 | €51,581 | €70,002 | +€18,421 | +35.7% |
| Operating profit (loss) | 9901 | -€2,646 | €12,216 | +€14,862 | |
| Financial income | 75/76B | €26 | €61 | +€34 | +129% |
| Recurring financial income | 75 | €26 | €61 | +€34 | +129% |
| Financial charges | 65/66B | €13,573 | €11,838 | -€1,735 | -12.8% |
| Recurring financial charges | 65 | €13,573 | €11,838 | -€1,735 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,192 | €439 | +€16,631 | |
| Income taxes | 67/77 | €455 | €375 | -€80 | -17.6% |
| Profit (loss) for the period | 9904 | -€16,646 | €65 | +€16,711 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,646 | €65 | +€16,711 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.