RECY-CHEVY: 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.
RECY-CHEVY
Largest movements
- Cash +€172,671
up €172,671 (+183.3%), from €94,176 to €266,846
mainly Depreciation (+€205,250) and Receivables within one year (+€113,895)
- Receivables within one year -€113,895
down €113,895 (-21.2%), from €537,696 to €423,801
of which Trade receivables: -€126,536
- Tangible fixed assets +€75,826
up €75,826 (+10.9%), from €697,964 to €773,789
of which Leasing and similar rights: +€223,048
- Profit (loss) carried forward +€101,313
up €101,313 (+18.6%), from €544,996 to €646,309
- Current portion of long-term debt +€49,026
up €49,026 (+23.5%), from €208,330 to €257,356
- Trade debts -€26,815
down €26,815 (-10.7%), from €249,768 to €222,953
- Debts after one year +€26,023
up €26,023 (+7.8%), from €335,728 to €361,752
- Gross operating margin +€72,984
up €72,984 (+16.1%), from €454,707 to €527,691
- Staff costs +€16,966
up €16,966 (+11.6%), from €146,122 to €163,088
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 | €1,390,529 | €1,546,042 | +€155,513 | +11.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €713,464 | €789,940 | +€76,477 | +10.7% |
| Tangible fixed assets | 22/27 | €697,964 | €773,789 | +€75,826 | +10.9% |
| Land and buildings | 22 | €7,173 | €6,431 | -€742 | -10.3% |
| Plant, machinery and equipment | 23 | €561,701 | €423,028 | -€138,673 | -24.7% |
| Furniture and vehicles | 24 | €23,957 | €20,351 | -€3,606 | -15.1% |
| Leasing and similar rights | 25 | €77,489 | €300,537 | +€223,048 | +287.8% |
| Other tangible fixed assets | 26 | €27,644 | €23,442 | -€4,202 | -15.2% |
| Financial fixed assets | 28 | €15,500 | €16,151 | +€651 | +4.2% |
| Current assets | 29/58 | €677,066 | €756,102 | +€79,036 | +11.7% |
| Stocks and contracts in progress | 3 | €42,012 | €57,472 | +€15,459 | +36.8% |
| Stocks | 30/36 | €42,012 | €57,472 | +€15,459 | +36.8% |
| Amounts receivable within one year | 40/41 | €537,696 | €423,801 | -€113,895 | -21.2% |
| Trade receivables | 40 | €522,332 | €395,796 | -€126,536 | -24.2% |
| Other amounts receivable | 41 | €15,363 | €28,005 | +€12,641 | +82.3% |
| Cash at bank and in hand | 54/58 | €94,176 | €266,846 | +€172,671 | +183.3% |
| Deferred charges and accrued income | 490/1 | €3,182 | €7,983 | +€4,801 | +150.9% |
| Total equity and liabilities | 10/49 | €1,390,529 | €1,546,042 | +€155,513 | +11.2% |
| Equity | 10/15 | €566,996 | €668,309 | +€101,313 | +17.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €544,996 | €646,309 | +€101,313 | +18.6% |
| Amounts payable | 17/49 | €823,533 | €877,733 | +€54,200 | +6.6% |
| Amounts payable after more than one year | 17 | €335,728 | €361,752 | +€26,023 | +7.8% |
| Financial debts | 170/4 | €335,728 | €361,752 | +€26,023 | +7.8% |
| Amounts payable within one year | 42/48 | €487,805 | €515,982 | +€28,177 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €208,330 | €257,356 | +€49,026 | +23.5% |
| Trade debts | 44 | €249,768 | €222,953 | -€26,815 | -10.7% |
| Suppliers | 440/4 | €249,768 | €222,953 | -€26,815 | -10.7% |
| Taxes, remuneration and social security | 45 | €28,988 | €35,650 | +€6,662 | +23.0% |
| Taxes | 450/3 | €10,765 | €4,528 | -€6,237 | -57.9% |
| Remuneration and social security | 454/9 | €18,223 | €31,121 | +€12,899 | +70.8% |
| Other amounts payable | 47/48 | €719 | €24 | -€695 | -96.7% |
| Remuneration, social security and pensions | 62 | €146,122 | €163,088 | +€16,966 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,145 | €205,250 | +€2,105 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,269 | €7,511 | +€2,242 | +42.5% |
| Other operating charges | 640/8 | €6,040 | €4,918 | -€1,123 | -18.6% |
| Gross operating margin | 9900 | €454,707 | €527,691 | +€72,984 | +16.1% |
| Operating profit (loss) | 9901 | €94,130 | €146,924 | +€52,794 | +56.1% |
| Financial income | 75/76B | €0 | €1 | +€0 | +150.0% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +150.0% |
| Financial charges | 65/66B | €14,150 | €15,728 | +€1,579 | +11.2% |
| Recurring financial charges | 65 | €14,150 | €15,728 | +€1,579 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €79,981 | €131,196 | +€51,215 | +64.0% |
| Income taxes | 67/77 | €26,870 | €29,884 | +€3,014 | +11.2% |
| Profit (loss) for the period | 9904 | €53,111 | €101,313 | +€48,201 | +90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,111 | €101,313 | +€48,201 | +90.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.