RECYCLAGE DEBACKER & ZN: what changed
RECYCLAGE DEBACKER & ZN
Largest movements
- Receivables within one year -€45,540
down €45,540 (-84.7%), from €53,758 to €8,218
of which Trade receivables: -€34,866
- Cash +€38,565
up €38,565 (+94.5%), from €40,793 to €79,358
mainly Other debts (+€59,420) and Depreciation (+€54,699)
- Tangible fixed assets -€24,475
down €24,475 (-11.1%), from €219,826 to €195,351
of which Plant, machinery and equipment: -€16,875
- Deferred charges and accrued income +€22,922
up €22,922 (+617%), from €3,715 to €26,637
- Intangible fixed assets -€14,000
down €14,000 (-33.3%), from €42,000 to €28,000
- Reserves -€70,000
down €70,000 (-25.9%), from €270,000 to €200,000
- Other debts +€59,420
up €59,420 (+503%), from €11,806 to €71,226
- Debts after one year -€19,955
down €19,955 (-18.7%), from €106,502 to €86,547
- Trade debts +€17,620
up €17,620 (+133%), from €13,205 to €30,825
- Tax, wage and social debts -€4,601
no longer reported in 2025 (was €4,601)
of which Remuneration and social security: -€4,186
- Gross operating margin +€41,273
up €41,273 (+32.7%), from €126,163 to €167,436
- Staff costs +€33,978
up €33,978 (+71.2%), from €47,755 to €81,733
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €448,297 | €434,678 | -€13,619 | -3.0% |
| Fixed assets | 21/28 | €261,826 | €223,351 | -€38,475 | -14.7% |
| Intangible fixed assets | 21 | €42,000 | €28,000 | -€14,000 | -33.3% |
| Tangible fixed assets | 22/27 | €219,826 | €195,351 | -€24,475 | -11.1% |
| Plant, machinery and equipment | 23 | €46,326 | €29,451 | -€16,875 | -36.4% |
| Furniture and vehicles | 24 | €173,501 | €165,900 | -€7,601 | -4.4% |
| Current assets | 29/58 | €186,471 | €211,327 | +€24,856 | +13.3% |
| Stocks and contracts in progress | 3 | €88,205 | €97,115 | +€8,910 | +10.1% |
| Stocks | 30/36 | €88,205 | €97,115 | +€8,910 | +10.1% |
| Amounts receivable within one year | 40/41 | €53,758 | €8,218 | -€45,540 | -84.7% |
| Trade receivables | 40 | €36,527 | €1,661 | -€34,866 | -95.5% |
| Other amounts receivable | 41 | €17,231 | €6,557 | -€10,675 | -61.9% |
| Cash at bank and in hand | 54/58 | €40,793 | €79,358 | +€38,565 | +94.5% |
| Deferred charges and accrued income | 490/1 | €3,715 | €26,637 | +€22,922 | +617% |
| Total equity and liabilities | 10/49 | €448,297 | €434,678 | -€13,619 | -3.0% |
| Equity | 10/15 | €289,058 | €218,769 | -€70,289 | -24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €270,000 | €200,000 | -€70,000 | -25.9% |
| Distributable reserves | 133 | €270,000 | €200,000 | -€70,000 | -25.9% |
| Profit (loss) carried forward | 14 | €458 | €169 | -€289 | -63.1% |
| Amounts payable | 17/49 | €159,240 | €215,910 | +€56,670 | +35.6% |
| Amounts payable after more than one year | 17 | €106,502 | €86,547 | -€19,955 | -18.7% |
| Financial debts | 170/4 | €106,502 | €86,547 | -€19,955 | -18.7% |
| Amounts payable within one year | 42/48 | €52,737 | €129,363 | +€76,625 | +145% |
| Current portion of amounts payable after more than one year | 42 | €23,126 | €27,312 | +€4,186 | +18.1% |
| Trade debts | 44 | €13,205 | €30,825 | +€17,620 | +133% |
| Suppliers | 440/4 | €13,205 | €30,825 | +€17,620 | +133% |
| Taxes, remuneration and social security | 45 | €4,601 | - | -€4,601 | |
| Taxes | 450/3 | €415 | - | -€415 | |
| Remuneration and social security | 454/9 | €4,186 | - | -€4,186 | |
| Other amounts payable | 47/48 | €11,806 | €71,226 | +€59,420 | +503% |
| Remuneration, social security and pensions | 62 | €47,755 | €81,733 | +€33,978 | +71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,218 | €54,699 | +€481 | +0.9% |
| Other operating charges | 640/8 | €4,041 | €3,242 | -€799 | -19.8% |
| Gross operating margin | 9900 | €126,163 | €167,436 | +€41,273 | +32.7% |
| Operating profit (loss) | 9901 | €20,149 | €27,762 | +€7,613 | +37.8% |
| Financial income | 75/76B | €1,478 | €153 | -€1,325 | -89.6% |
| Recurring financial income | 75 | €1,478 | €153 | -€1,325 | -89.6% |
| Financial charges | 65/66B | €11,906 | €10,894 | -€1,012 | -8.5% |
| Recurring financial charges | 65 | €11,906 | €10,894 | -€1,012 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €9,721 | €17,021 | +€7,300 | +75.1% |
| Income taxes | 67/77 | €4,130 | €4,810 | +€680 | +16.5% |
| Profit (loss) for the period | 9904 | €5,591 | €12,211 | +€6,620 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €5,591 | €12,211 | +€6,620 | +118% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.