RECUP'MOUV: 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.
RECUP'MOUV
Largest movements
- Cash -€12,529
down €12,529 (-66.5%), from €18,841 to €6,312
mainly Net result for the year (-€14,844) and Investment in fixed assets (net) (-€4,048)
- Receivables within one year -€5,124
down €5,124 (-28.4%), from €18,035 to €12,911
- Profit (loss) carried forward -€14,844
down €14,844 (-52.7%), from €28,173 to €13,329
- Debts after one year -€2,661
down €2,661 (-13.8%), from €19,258 to €16,597
- Current portion of long-term debt +€1,758
up €1,758 (+68.0%), from €2,586 to €4,344
- Trade debts -€1,283
down €1,283 (-33.0%), from €3,893 to €2,610
- Gross operating margin -€27,320
down €27,320, from €18,953 to -€8,366
- Taxes -€3,701
down €3,701 (-89.2%), from €4,147 to €447
- Financial charges -€2,092
down €2,092 (-74.0%), from €2,827 to €735
- Other operating charges -€1,078
down €1,078 (-49.2%), from €2,193 to €1,115
- Depreciation +€758
up €758 (+22.1%), from €3,424 to €4,181
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 | €73,117 | €55,446 | -€17,671 | -24.2% |
| Fixed assets | 21/28 | €23,813 | €23,680 | -€133 | -0.6% |
| Tangible fixed assets | 22/27 | €23,783 | €23,650 | -€133 | -0.6% |
| Furniture and vehicles | 24 | €2,481 | €1,763 | -€719 | -29.0% |
| Other tangible fixed assets | 26 | €21,302 | €21,887 | +€585 | +2.7% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €49,304 | €31,767 | -€17,537 | -35.6% |
| Amounts receivable within one year | 40/41 | €18,035 | €12,911 | -€5,124 | -28.4% |
| Other amounts receivable | 41 | €18,035 | €12,911 | -€5,124 | -28.4% |
| Cash at bank and in hand | 54/58 | €18,841 | €6,312 | -€12,529 | -66.5% |
| Deferred charges and accrued income | 490/1 | €12,428 | €12,544 | +€116 | +0.9% |
| Total equity and liabilities | 10/49 | €73,117 | €55,446 | -€17,671 | -24.2% |
| Equity | 10/15 | €42,433 | €27,589 | -€14,844 | -35.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,173 | €13,329 | -€14,844 | -52.7% |
| Amounts payable | 17/49 | €30,684 | €27,858 | -€2,827 | -9.2% |
| Amounts payable after more than one year | 17 | €19,258 | €16,597 | -€2,661 | -13.8% |
| Financial debts | 170/4 | €19,258 | €16,597 | -€2,661 | -13.8% |
| Amounts payable within one year | 42/48 | €10,627 | €11,101 | +€474 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €2,586 | €4,344 | +€1,758 | +68.0% |
| Trade debts | 44 | €3,893 | €2,610 | -€1,283 | -33.0% |
| Suppliers | 440/4 | €3,893 | €2,610 | -€1,283 | -33.0% |
| Taxes, remuneration and social security | 45 | €4,147 | €4,147 | = | 0.0% |
| Taxes | 450/3 | €4,147 | €4,147 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €800 | €160 | -€640 | -80.0% |
| Non-recurring operating income | 76A | €4,903 | - | -€4,903 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,424 | €4,181 | +€758 | +22.1% |
| Other operating charges | 640/8 | €2,193 | €1,115 | -€1,078 | -49.2% |
| Gross operating margin | 9900 | €18,953 | -€8,366 | -€27,320 | |
| Operating profit (loss) | 9901 | €13,337 | -€13,663 | -€27,000 | |
| Financial charges | 65/66B | €2,827 | €735 | -€2,092 | -74.0% |
| Recurring financial charges | 65 | €2,827 | €735 | -€2,092 | -74.0% |
| Profit (loss) for the period before taxes | 9903 | €10,510 | -€14,397 | -€24,907 | |
| Income taxes | 67/77 | €4,147 | €447 | -€3,701 | -89.2% |
| Profit (loss) for the period | 9904 | €6,363 | -€14,844 | -€21,207 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,363 | -€14,844 | -€21,207 |
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 15 October 2026 via checked.be.