RECUREX: 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.
RECUREX
Largest movements
- Cash +€717
up €717 (+947.2%), from €76 to €793
mainly Other debts (+€3,940) and Depreciation (+€213)
- Tangible fixed assets -€213
down €213 (-50.0%), from €425 to €213
- Receivables within one year +€143
up €143 (+22.9%), from €624 to €768
- Other debts +€3,940
up €3,940 (+5.0%), from €78,772 to €82,713
- Profit (loss) carried forward -€3,293
down €3,293 (-4.0%), from -€82,279 to -€85,571
- Gross operating margin +€1,330
up €1,330 (+40.4%), from -€3,289 to -€1,959
- Other operating charges +€933
up €933 (+1006.4%), from €93 to €1,026
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,694 | €3,342 | +€648 | +24.0% |
| Fixed assets | 21/28 | €894 | €681 | -€213 | -23.8% |
| Tangible fixed assets | 22/27 | €425 | €213 | -€213 | -50.0% |
| Other tangible fixed assets | 26 | €425 | €213 | -€213 | -50.0% |
| Financial fixed assets | 28 | €469 | €469 | = | 0.0% |
| Current assets | 29/58 | €1,800 | €2,660 | +€860 | +47.8% |
| Stocks and contracts in progress | 3 | €1,100 | €1,100 | = | 0.0% |
| Stocks | 30/36 | €1,100 | €1,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €624 | €768 | +€143 | +22.9% |
| Other amounts receivable | 41 | €624 | €768 | +€143 | +22.9% |
| Cash at bank and in hand | 54/58 | €76 | €793 | +€717 | +947.2% |
| Total equity and liabilities | 10/49 | €2,694 | €3,342 | +€648 | +24.0% |
| Equity | 10/15 | -€76,079 | -€79,371 | -€3,293 | -4.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | -€82,279 | -€85,571 | -€3,293 | -4.0% |
| Amounts payable | 17/49 | €78,772 | €82,713 | +€3,940 | +5.0% |
| Amounts payable within one year | 42/48 | €78,772 | €82,713 | +€3,940 | +5.0% |
| Other amounts payable | 47/48 | €78,772 | €82,713 | +€3,940 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €213 | €213 | = | 0.0% |
| Other operating charges | 640/8 | €93 | €1,026 | +€933 | +1006.4% |
| Gross operating margin | 9900 | -€3,289 | -€1,959 | +€1,330 | +40.4% |
| Operating profit (loss) | 9901 | -€3,594 | -€3,197 | +€397 | +11.0% |
| Financial charges | 65/66B | €106 | €95 | -€11 | -10.4% |
| Recurring financial charges | 65 | €106 | €95 | -€11 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,701 | -€3,293 | +€408 | +11.0% |
| Profit (loss) for the period | 9904 | -€3,701 | -€3,293 | +€408 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,701 | -€3,293 | +€408 | +11.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.