Recycling Ocean Resources: 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.
Recycling Ocean Resources
Largest movements
- Stocks and contracts +€80,449
new in 2025: €80,449
- Cash +€40,225
up €40,225 (+9,261%), from €434 to €40,659
mainly Trade debts (+€74,902) and Receivables within one year (+€27,166)
- Receivables within one year -€27,166
down €27,166 (-81.7%), from €33,248 to €6,081
of which Trade receivables: -€19,018
- Intangible fixed assets +€23,224
new in 2025: €23,224
- Tangible fixed assets +€20,772
new in 2025: €20,772
- Trade debts +€74,902
up €74,902 (+264%), from €28,425 to €103,327
- Tax, wage and social debts +€19,523
up €19,523 (+325%), from €6,011 to €25,534
of which Taxes: +€16,934
- Other debts +€17,393
up €17,393 (+188%), from €9,253 to €26,646
- Profit (loss) carried forward +€9,710
up €9,710 (+247%), from €3,938 to €13,648
- Accrued charges and deferred income +€4,242
new in 2025: €4,242
- Gross operating margin +€50,512
up €50,512 (+158%), from €32,038 to €82,550
- Other operating charges +€19,388
new in 2025: €19,388
- Staff costs +€17,933
up €17,933 (+65.6%), from €27,331 to €45,265
- Taxes +€3,925
new in 2025: €3,925
- Financial charges -€2,066
down €2,066 (-47.3%), from €4,369 to €2,303
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 | €52,627 | €178,396 | +€125,769 | +239% |
| Fixed assets | 21/28 | - | €50,596 | +€50,596 | |
| Intangible fixed assets | 21 | - | €23,224 | +€23,224 | |
| Tangible fixed assets | 22/27 | - | €20,772 | +€20,772 | |
| Furniture and vehicles | 24 | - | €20,772 | +€20,772 | |
| Financial fixed assets | 28 | - | €6,600 | +€6,600 | |
| Current assets | 29/58 | €52,627 | €127,800 | +€75,173 | +143% |
| Stocks and contracts in progress | 3 | - | €80,449 | +€80,449 | |
| Stocks | 30/36 | - | €80,449 | +€80,449 | |
| Amounts receivable within one year | 40/41 | €33,248 | €6,081 | -€27,166 | -81.7% |
| Trade receivables | 40 | €25,099 | €6,081 | -€19,018 | -75.8% |
| Other amounts receivable | 41 | €8,149 | - | -€8,149 | |
| Cash at bank and in hand | 54/58 | €434 | €40,659 | +€40,225 | +9,261% |
| Deferred charges and accrued income | 490/1 | €18,945 | €611 | -€18,334 | -96.8% |
| Total equity and liabilities | 10/49 | €52,627 | €178,396 | +€125,769 | +239% |
| Equity | 10/15 | €8,938 | €18,648 | +€9,710 | +109% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,938 | €13,648 | +€9,710 | +247% |
| Amounts payable | 17/49 | €43,689 | €159,749 | +€116,059 | +266% |
| Amounts payable within one year | 42/48 | €43,689 | €155,507 | +€111,818 | +256% |
| Trade debts | 44 | €28,425 | €103,327 | +€74,902 | +264% |
| Suppliers | 440/4 | €28,425 | €103,327 | +€74,902 | +264% |
| Taxes, remuneration and social security | 45 | €6,011 | €25,534 | +€19,523 | +325% |
| Taxes | 450/3 | €2,000 | €18,934 | +€16,934 | +847% |
| Remuneration and social security | 454/9 | €4,011 | €6,600 | +€2,589 | +64.5% |
| Other amounts payable | 47/48 | €9,253 | €26,646 | +€17,393 | +188% |
| Accrued charges and deferred income | 492/3 | - | €4,242 | +€4,242 | |
| Remuneration, social security and pensions | 62 | €27,331 | €45,265 | +€17,933 | +65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,959 | +€1,959 | |
| Other operating charges | 640/8 | - | €19,388 | +€19,388 | |
| Gross operating margin | 9900 | €32,038 | €82,550 | +€50,512 | +158% |
| Operating profit (loss) | 9901 | €4,706 | €15,938 | +€11,232 | +239% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €4,369 | €2,303 | -€2,066 | -47.3% |
| Recurring financial charges | 65 | €4,369 | €2,303 | -€2,066 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | €348 | €13,635 | +€13,287 | +3,821% |
| Income taxes | 67/77 | - | €3,925 | +€3,925 | |
| Profit (loss) for the period | 9904 | €348 | €9,710 | +€9,362 | +2,692% |
| Profit (loss) for the period to be appropriated | 9905 | €348 | €9,710 | +€9,362 | +2,692% |
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 18 October 2026 via checked.be.