RECYDATA: 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.
RECYDATA
Largest movements
- Cash +€142,648
up €142,648 (+31.3%), from €455,474 to €598,122
mainly Net result for the year (+€146,933) and Trade debts (+€128,001)
- Receivables after one year +€131,803
up €131,803 (+105.1%), from €125,456 to €257,259
- Receivables within one year +€67,277
up €67,277 (+36.2%), from €185,927 to €253,204
of which Other amounts receivable: +€96,575
- Reserves +€146,933
up €146,933 (+28.8%), from €509,777 to €656,710
- Trade debts +€128,001
up €128,001 (+134.3%), from €95,306 to €223,308
- Tax, wage and social debts +€63,787
up €63,787 (+79.1%), from €80,682 to €144,469
of which Taxes: +€43,448
- Gross operating margin +€257,616
up €257,616 (+41.5%), from €621,123 to €878,739
- Staff costs +€229,204
up €229,204 (+45.9%), from €498,914 to €728,118
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 | €836,195 | €1,178,963 | +€342,768 | +41.0% |
| Fixed assets | 21/28 | €9,173 | €7,945 | -€1,228 | -13.4% |
| Tangible fixed assets | 22/27 | €9,173 | €7,945 | -€1,228 | -13.4% |
| Plant, machinery and equipment | 23 | €4,864 | €4,857 | -€6 | -0.1% |
| Other tangible fixed assets | 26 | €4,309 | €3,088 | -€1,221 | -28.3% |
| Current assets | 29/58 | €827,022 | €1,171,018 | +€343,995 | +41.6% |
| Amounts receivable after more than one year | 29 | €125,456 | €257,259 | +€131,803 | +105.1% |
| Trade receivables | 290 | €125,456 | €257,259 | +€131,803 | +105.1% |
| Amounts receivable within one year | 40/41 | €185,927 | €253,204 | +€67,277 | +36.2% |
| Trade receivables | 40 | €156,745 | €127,447 | -€29,298 | -18.7% |
| Other amounts receivable | 41 | €29,182 | €125,757 | +€96,575 | +330.9% |
| Current investments | 50/53 | €52,593 | €52,989 | +€396 | +0.8% |
| Cash at bank and in hand | 54/58 | €455,474 | €598,122 | +€142,648 | +31.3% |
| Deferred charges and accrued income | 490/1 | €7,573 | €9,444 | +€1,871 | +24.7% |
| Total equity and liabilities | 10/49 | €836,195 | €1,178,963 | +€342,768 | +41.0% |
| Equity | 10/15 | €509,777 | €656,710 | +€146,933 | +28.8% |
| Reserves | 13 | €509,777 | €656,710 | +€146,933 | +28.8% |
| Amounts payable | 17/49 | €326,418 | €522,253 | +€195,835 | +60.0% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €175,988 | €368,073 | +€192,085 | +109.1% |
| Trade debts | 44 | €95,306 | €223,308 | +€128,001 | +134.3% |
| Suppliers | 440/4 | €95,306 | €223,308 | +€128,001 | +134.3% |
| Taxes, remuneration and social security | 45 | €80,682 | €144,469 | +€63,787 | +79.1% |
| Taxes | 450/3 | €25,856 | €69,304 | +€43,448 | +168.0% |
| Remuneration and social security | 454/9 | €54,826 | €75,165 | +€20,339 | +37.1% |
| Accrued charges and deferred income | 492/3 | €430 | €4,180 | +€3,750 | +871.7% |
| Remuneration, social security and pensions | 62 | €498,914 | €728,118 | +€229,204 | +45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817 | €3,166 | +€2,349 | +287.4% |
| Other operating charges | 640/8 | €1,215 | €2,576 | +€1,361 | +112.0% |
| Gross operating margin | 9900 | €621,123 | €878,739 | +€257,616 | +41.5% |
| Operating profit (loss) | 9901 | €120,177 | €144,879 | +€24,702 | +20.6% |
| Financial income | 75/76B | €4,952 | €3,261 | -€1,691 | -34.1% |
| Recurring financial income | 75 | €4,952 | €3,261 | -€1,691 | -34.1% |
| Financial charges | 65/66B | €68 | €229 | +€160 | +235.3% |
| Recurring financial charges | 65 | €68 | €229 | +€160 | +235.3% |
| Profit (loss) for the period before taxes | 9903 | €125,060 | €147,911 | +€22,851 | +18.3% |
| Income taxes | 67/77 | €1,485 | €978 | -€507 | -34.1% |
| Profit (loss) for the period | 9904 | €123,575 | €146,933 | +€23,358 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €123,575 | €146,933 | +€23,358 | +18.9% |
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 3 October 2026 via checked.be.