RECYCLING TECHNICS: 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.
RECYCLING TECHNICS
Largest movements
- Cash -€57,838
down €57,838 (-41.5%), from €139,487 to €81,649
mainly Net result for the year (-€46,555) and Trade debts (-€8,451)
- Profit (loss) carried forward -€46,555
down €46,555 (-187.6%), from -€24,818 to -€71,373
- Trade debts -€8,451
down €8,451 (-38.1%), from €22,185 to €13,733
- Tax, wage and social debts -€5,055
down €5,055 (-9.2%), from €55,236 to €50,181
of which Remuneration and social security: -€2,858
- Gross operating margin -€24,095
down €24,095 (-8.5%), from €283,923 to €259,828
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 | €186,940 | €126,995 | -€59,946 | -32.1% |
| Fixed assets | 21/28 | €929 | - | -€929 | |
| Tangible fixed assets | 22/27 | €929 | - | -€929 | |
| Plant, machinery and equipment | 23 | €929 | - | -€929 | |
| Current assets | 29/58 | €186,012 | €126,995 | -€59,017 | -31.7% |
| Amounts receivable within one year | 40/41 | €46,524 | €45,345 | -€1,179 | -2.5% |
| Trade receivables | 40 | €26,645 | €25,434 | -€1,211 | -4.5% |
| Other amounts receivable | 41 | €19,879 | €19,911 | +€32 | +0.2% |
| Cash at bank and in hand | 54/58 | €139,487 | €81,649 | -€57,838 | -41.5% |
| Total equity and liabilities | 10/49 | €186,940 | €126,995 | -€59,946 | -32.1% |
| Equity | 10/15 | €106,568 | €60,014 | -€46,555 | -43.7% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €1,387 | €1,387 | = | 0.0% |
| Distributable reserves | 133 | €1,387 | €1,387 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,818 | -€71,373 | -€46,555 | -187.6% |
| Amounts payable | 17/49 | €80,372 | €66,981 | -€13,391 | -16.7% |
| Amounts payable within one year | 42/48 | €77,806 | €63,914 | -€13,892 | -17.9% |
| Trade debts | 44 | €22,185 | €13,733 | -€8,451 | -38.1% |
| Suppliers | 440/4 | €22,185 | €13,733 | -€8,451 | -38.1% |
| Taxes, remuneration and social security | 45 | €55,236 | €50,181 | -€5,055 | -9.2% |
| Taxes | 450/3 | €16,644 | €14,447 | -€2,197 | -13.2% |
| Remuneration and social security | 454/9 | €38,591 | €35,733 | -€2,858 | -7.4% |
| Other amounts payable | 47/48 | €386 | - | -€386 | |
| Accrued charges and deferred income | 492/3 | €2,566 | €3,067 | +€501 | +19.5% |
| Remuneration, social security and pensions | 62 | €303,860 | €303,197 | -€662 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,103 | €929 | -€175 | -15.8% |
| Other operating charges | 640/8 | €1,607 | €1,328 | -€280 | -17.4% |
| Gross operating margin | 9900 | €283,923 | €259,828 | -€24,095 | -8.5% |
| Operating profit (loss) | 9901 | -€22,647 | -€45,626 | -€22,978 | -101.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €488 | €510 | +€23 | +4.6% |
| Recurring financial charges | 65 | €488 | €510 | +€23 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,135 | -€46,136 | -€23,001 | -99.4% |
| Income taxes | 67/77 | €388 | €419 | +€31 | +8.0% |
| Profit (loss) for the period | 9904 | -€23,523 | -€46,555 | -€23,032 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,523 | -€46,555 | -€23,032 | -97.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.