RECTAVIT: what changed
Two fiscal 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.
What changed
RECTAVIT
NACE 20.590, Manufacture of chemicals and chemical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€236,188
2024 · €209,982+€26,207
Equity
€2.2m
2024 · €2.0m+€236,188
Cash
€164
2024 · €159+€5
Balance sheet total
€4.4m
2024 · €4.8m-€347,446
Largest movements
Assets
- Receivables within one year -€455,955
down €455,955 (-11.9%), from €3.8m to €3.4m
of which Other amounts receivable: -€570,450
- Stocks and contracts +€179,808
up €179,808 (+21.5%), from €837,457 to €1.0m
Equity and liabilities
- Trade debts -€576,496
down €576,496 (-23.6%), from €2.4m to €1.9m
- Profit (loss) carried forward +€236,188
up €236,188 (+17.5%), from €1.3m to €1.6m
Income statement
- Goods and materials -€432,079
down €432,079 (-3.5%), from €12.5m to €12.1m
of which Change in stocks: decrease (increase): -€1.1m
- Services and other goods -€188,237
down €188,237 (-12.4%), from €1.5m to €1.3m
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.
Result 2024
€209,982
Turnover
+€86,663
Other operating income
+€16,397
Goods and materials
+€432,079
Services and other goods
+€188,237
Staff costs
+€16,307
Depreciation
+€26,406
Write-downs
+€101,270
Provisions
+€107,300
Other operating charges
-€9,606
Other operating items
-€981,380
Financial income
+€1,932
Financial charges
-€5,843
Taxes
+€46,444
Result 2025
€236,188
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.
From operations
-€833
Investment
+€837
Financing
€0
Cash 2024
€159
From operations (derived)
-€833
Net result for the year
+€236,188
Depreciation
+€23,886
Receivables after one year
+€26,015
Stocks and contracts
-€179,808
Receivables within one year
+€455,955
Deferred charges and accrued income
+€20,565
Provisions
-€42,300
Trade debts
-€576,496
Tax, wage and social debts
+€37,461
Other debts
-€2,299
Investment (derived)
+€837
Investment in fixed assets (net)
+€837
Cash 2025
€164
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,786,583 | €4,439,137 | -€347,446 | -7.3% |
| Fixed assets | 21/28 | €43,395 | €18,672 | -€24,724 | -57.0% |
| Tangible fixed assets | 22/27 | €41,980 | €17,256 | -€24,724 | -58.9% |
| Plant, machinery and equipment | 23 | €6,820 | €5,545 | -€1,275 | -18.7% |
| Furniture and vehicles | 24 | €35,160 | €11,711 | -€23,448 | -66.7% |
| Financial fixed assets | 28 | €1,416 | €1,416 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,416 | €1,416 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,416 | €1,416 | = | 0.0% |
| Current assets | 29/58 | €4,743,187 | €4,420,465 | -€322,722 | -6.8% |
| Amounts receivable after more than one year | 29 | €26,015 | €0 | -€26,015 | -100.0% |
| Other amounts receivable | 291 | €26,015 | €0 | -€26,015 | -100.0% |
| Stocks and contracts in progress | 3 | €837,457 | €1,017,265 | +€179,808 | +21.5% |
| Stocks | 30/36 | €837,457 | €1,017,265 | +€179,808 | +21.5% |
| Raw materials and consumables | 30/31 | €39,090 | €23,852 | -€15,239 | -39.0% |
| Finished goods | 33 | €62,315 | €79,547 | +€17,232 | +27.7% |
| Goods purchased for resale | 34 | €736,052 | €913,866 | +€177,814 | +24.2% |
| Amounts receivable within one year | 40/41 | €3,846,397 | €3,390,442 | -€455,955 | -11.9% |
| Trade receivables | 40 | €1,218,521 | €1,333,016 | +€114,495 | +9.4% |
| Other amounts receivable | 41 | €2,627,876 | €2,057,426 | -€570,450 | -21.7% |
| Cash at bank and in hand | 54/58 | €159 | €164 | +€5 | +2.9% |
| Deferred charges and accrued income | 490/1 | €33,159 | €12,594 | -€20,565 | -62.0% |
| Total equity and liabilities | 10/49 | €4,786,583 | €4,439,137 | -€347,446 | -7.3% |
| Equity | 10/15 | €1,996,483 | €2,232,671 | +€236,188 | +11.8% |
| Contributions | 10/11 | €275,000 | €275,000 | = | 0.0% |
| Capital | 10 | €275,000 | €275,000 | = | 0.0% |
| Issued capital | 100 | €275,000 | €275,000 | = | 0.0% |
| Reserves | 13 | €372,190 | €372,190 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,500 | €27,500 | = | 0.0% |
| Legal reserve | 130 | €27,500 | €27,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,690 | €44,690 | = | 0.0% |
| Distributable reserves | 133 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,349,293 | €1,585,481 | +€236,188 | +17.5% |
| Provisions and deferred taxes | 16 | €50,000 | €7,700 | -€42,300 | -84.6% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €7,700 | -€42,300 | -84.6% |
| Other liabilities and charges | 164/5 | €50,000 | €7,700 | -€42,300 | -84.6% |
| Amounts payable | 17/49 | €2,740,100 | €2,198,766 | -€541,334 | -19.8% |
| Amounts payable within one year | 42/48 | €2,740,100 | €2,198,766 | -€541,334 | -19.8% |
| Trade debts | 44 | €2,441,854 | €1,865,357 | -€576,496 | -23.6% |
| Suppliers | 440/4 | €2,441,854 | €1,865,357 | -€576,496 | -23.6% |
| Taxes, remuneration and social security | 45 | €295,947 | €333,409 | +€37,461 | +12.7% |
| Taxes | 450/3 | €18,438 | €39,022 | +€20,584 | +111.6% |
| Remuneration and social security | 454/9 | €277,509 | €294,386 | +€16,877 | +6.1% |
| Other amounts payable | 47/48 | €2,299 | €0 | -€2,299 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €17,219,247 | €16,365,927 | -€853,319 | -5.0% |
| Turnover | 70 | €16,156,693 | €16,243,356 | +€86,663 | +0.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,005,110 | €17,232 | -€987,878 | -98.3% |
| Other operating income | 74 | €54,295 | €70,693 | +€16,397 | +30.2% |
| Non-recurring operating income | 76A | €3,149 | €34,647 | +€31,498 | +1000.3% |
| Operating charges | 60/66A | €16,570,485 | €15,733,492 | -€836,993 | -5.1% |
| Goods for resale, raw materials and consumables | 60 | €12,487,707 | €12,055,628 | -€432,079 | -3.5% |
| Purchases | 600/8 | €11,535,824 | €12,194,124 | +€658,300 | +5.7% |
| Change in stocks: decrease (increase) | 609 | €951,883 | -€138,496 | -€1.1m | |
| Services and other goods | 61 | €1,520,406 | €1,332,169 | -€188,237 | -12.4% |
| Remuneration, social security and pensions | 62 | €2,360,978 | €2,344,671 | -€16,307 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,293 | €23,886 | -€26,406 | -52.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €80,195 | -€21,075 | -€101,270 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €65,000 | -€42,300 | -€107,300 | |
| Other operating charges | 640/8 | €5,906 | €15,512 | +€9,606 | +162.7% |
| Non-recurring operating charges | 66A | - | €25,000 | +€25,000 | |
| Operating profit (loss) | 9901 | €648,762 | €632,436 | -€16,326 | -2.5% |
| Financial income | 75/76B | €26,195 | €28,126 | +€1,932 | +7.4% |
| Recurring financial income | 75 | €26,195 | €28,126 | +€1,932 | +7.4% |
| Income from current assets | 751 | €24,273 | €26,538 | +€2,265 | +9.3% |
| Other financial income | 752/9 | €1,922 | €1,589 | -€333 | -17.3% |
| Financial charges | 65/66B | €303,315 | €309,157 | +€5,843 | +1.9% |
| Recurring financial charges | 65 | €303,315 | €309,157 | +€5,843 | +1.9% |
| Other financial charges | 652/9 | €303,315 | €309,157 | +€5,843 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €371,642 | €351,405 | -€20,237 | -5.4% |
| Income taxes | 67/77 | €161,660 | €115,217 | -€46,444 | -28.7% |
| Taxes | 670/3 | €161,660 | €116,425 | -€45,236 | -28.0% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €1,208 | +€1,208 | |
| Profit (loss) for the period | 9904 | €209,982 | €236,188 | +€26,207 | +12.5% |
| Transfer from tax-exempt reserves | 789 | €134,720 | €0 | -€134,720 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €344,702 | €236,188 | -€108,514 | -31.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.