Recy-Terra: 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-Terra
Largest movements
- Cash -€8,623
down €8,623 (-23.9%), from €36,054 to €27,431
mainly Investment in fixed assets (net) (-€8,775) and Debts after one year (-€6,961)
- Tangible fixed assets -€7,050
down €7,050 (-6.0%), from €117,915 to €110,865
of which Land and buildings: -€3,916
- Debts after one year -€6,961
down €6,961 (-6.5%), from €106,818 to €99,857
- Other debts -€5,575
down €5,575 (-39.7%), from €14,039 to €8,464
- Trade debts -€5,148
down €5,148 (-98.3%), from €5,239 to €91
- Depreciation +€1,272
up €1,272 (+8.7%), from €14,553 to €15,825
- Financial income -€714
down €714 (-100%), from €714 to €0
- Gross operating margin -€527
down €527 (-2.3%), from €23,199 to €22,672
- Taxes -€493
down €493 (-24.7%), from €1,991 to €1,499
- Financial charges -€366
down €366 (-9.0%), from €4,072 to €3,707
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 | €172,988 | €156,307 | -€16,682 | -9.6% |
| Fixed assets | 21/28 | €117,915 | €110,865 | -€7,050 | -6.0% |
| Tangible fixed assets | 22/27 | €117,915 | €110,865 | -€7,050 | -6.0% |
| Land and buildings | 22 | €108,270 | €104,354 | -€3,916 | -3.6% |
| Plant, machinery and equipment | 23 | €7,745 | €5,474 | -€2,271 | -29.3% |
| Furniture and vehicles | 24 | €1,899 | €1,037 | -€863 | -45.4% |
| Current assets | 29/58 | €55,074 | €45,441 | -€9,632 | -17.5% |
| Amounts receivable within one year | 40/41 | €18,270 | €17,411 | -€859 | -4.7% |
| Trade receivables | 40 | €18,270 | €17,411 | -€859 | -4.7% |
| Cash at bank and in hand | 54/58 | €36,054 | €27,431 | -€8,623 | -23.9% |
| Deferred charges and accrued income | 490/1 | €750 | €600 | -€150 | -20.0% |
| Total equity and liabilities | 10/49 | €172,988 | €156,307 | -€16,682 | -9.6% |
| Equity | 10/15 | €21,859 | €22,073 | +€215 | +1.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €19,359 | €19,359 | = | 0.0% |
| Distributable reserves | 133 | €19,359 | €19,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €215 | +€215 | |
| Amounts payable | 17/49 | €151,130 | €134,233 | -€16,897 | -11.2% |
| Amounts payable after more than one year | 17 | €106,818 | €99,857 | -€6,961 | -6.5% |
| Financial debts | 170/4 | €106,818 | €99,857 | -€6,961 | -6.5% |
| Amounts payable within one year | 42/48 | €44,311 | €34,376 | -€9,935 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €6,745 | €6,961 | +€217 | +3.2% |
| Trade debts | 44 | €5,239 | €91 | -€5,148 | -98.3% |
| Suppliers | 440/4 | €5,239 | €91 | -€5,148 | -98.3% |
| Taxes, remuneration and social security | 45 | €18,289 | €18,860 | +€571 | +3.1% |
| Taxes | 450/3 | €18,289 | €18,860 | +€571 | +3.1% |
| Other amounts payable | 47/48 | €14,039 | €8,464 | -€5,575 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,553 | €15,825 | +€1,272 | +8.7% |
| Other operating charges | 640/8 | €924 | €594 | -€330 | -35.7% |
| Gross operating margin | 9900 | €23,199 | €22,672 | -€527 | -2.3% |
| Operating profit (loss) | 9901 | €7,722 | €6,253 | -€1,469 | -19.0% |
| Financial income | 75/76B | €714 | €0 | -€714 | -100% |
| Recurring financial income | 75 | €714 | €0 | -€714 | -100% |
| Financial charges | 65/66B | €4,072 | €3,707 | -€366 | -9.0% |
| Recurring financial charges | 65 | €4,072 | €3,707 | -€366 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €4,364 | €2,546 | -€1,817 | -41.6% |
| Income taxes | 67/77 | €1,991 | €1,499 | -€493 | -24.7% |
| Profit (loss) for the period | 9904 | €2,373 | €1,048 | -€1,325 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,373 | €1,048 | -€1,325 | -55.8% |
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 25 October 2026 via checked.be.