RECUPLAN: 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.
RECUPLAN
Largest movements
- Receivables within one year -€5,868
down €5,868 (-88.7%), from €6,612 to €744
of which Trade receivables: -€6,612
- Cash +€5,147
up €5,147 (+204.9%), from €2,512 to €7,658
mainly Receivables within one year (+€5,868) and Trade debts (+€2,125)
- Tangible fixed assets -€815
no longer reported in 2025 (was €815)
- Formation expenses -€810
no longer reported in 2025 (was €810)
- Profit (loss) carried forward -€2,902
down €2,902 (-99.7%), from -€2,910 to -€5,811
- Trade debts +€2,125
new in 2025: €2,125
- Other debts -€1,198
down €1,198 (-93.1%), from €1,286 to €89
- Tax, wage and social debts -€373
no longer reported in 2025 (was €373)
- Turnover -€12,953
down €12,953 (-73.9%), from €17,531 to €4,578
- Purchases and services -€10,217
down €10,217 (-60.0%), from €17,020 to €6,803
- Financial charges -€2,908
down €2,908 (-87.3%), from €3,333 to €425
- Gross operating margin -€2,354
down €2,354, from €510 to -€1,843
- Financial income +€749
new in 2025: €749
of which Financial income: +€749
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,749 | €8,403 | -€2,347 | -21.8% |
| Formation expenses | 20 | €810 | - | -€810 | |
| Fixed assets | 21/28 | €815 | - | -€815 | |
| Tangible fixed assets | 22/27 | €815 | - | -€815 | |
| Furniture and vehicles | 24 | €815 | - | -€815 | |
| Current assets | 29/58 | €9,124 | €8,403 | -€721 | -7.9% |
| Amounts receivable within one year | 40/41 | €6,612 | €744 | -€5,868 | -88.7% |
| Trade receivables | 40 | €6,612 | - | -€6,612 | |
| Other amounts receivable | 41 | - | €744 | +€744 | |
| Cash at bank and in hand | 54/58 | €2,512 | €7,658 | +€5,147 | +204.9% |
| Total equity and liabilities | 10/49 | €10,749 | €8,403 | -€2,347 | -21.8% |
| Equity | 10/15 | -€910 | -€3,811 | -€2,902 | -319.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,910 | -€5,811 | -€2,902 | -99.7% |
| Amounts payable | 17/49 | €11,659 | €12,214 | +€555 | +4.8% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,659 | €2,214 | +€555 | +33.4% |
| Trade debts | 44 | - | €2,125 | +€2,125 | |
| Suppliers | 440/4 | - | €2,125 | +€2,125 | |
| Taxes, remuneration and social security | 45 | €373 | - | -€373 | |
| Taxes | 450/3 | €373 | - | -€373 | |
| Other amounts payable | 47/48 | €1,286 | €89 | -€1,198 | -93.1% |
| Turnover | 70 | €17,531 | €4,578 | -€12,953 | -73.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €17,020 | €6,803 | -€10,217 | -60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502 | - | -€502 | |
| Other operating charges | 640/8 | €505 | €573 | +€68 | +13.4% |
| Non-recurring operating charges | 66A | €27 | €810 | +€783 | +2899.9% |
| Gross operating margin | 9900 | €510 | -€1,843 | -€2,354 | |
| Operating profit (loss) | 9901 | -€524 | -€3,226 | -€2,702 | -515.4% |
| Financial income | 75/76B | - | €749 | +€749 | |
| Recurring financial income | 75 | - | €749 | +€749 | |
| Non-recurring financial income | 76B | - | €749 | +€749 | |
| Financial charges | 65/66B | €3,333 | €425 | -€2,908 | -87.3% |
| Recurring financial charges | 65 | €3,333 | €425 | -€2,908 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,857 | -€2,902 | +€956 | +24.8% |
| Income taxes | 67/77 | €91 | - | -€91 | |
| Profit (loss) for the period | 9904 | -€3,948 | -€2,902 | +€1,046 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,948 | -€2,902 | +€1,046 | +26.5% |
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 30 September 2026 via checked.be.