RECYKING: 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.
RECYKING
Largest movements
- Cash +€4,909
up €4,909 (+28.3%), from €17,340 to €22,249
mainly Net result for the year (+€5,666) and Tax, wage and social debts (+€1,528)
- Receivables within one year -€1,119
down €1,119 (-66.1%), from €1,695 to €575
of which Trade receivables: -€1,007
- Intangible fixed assets -€1,063
down €1,063 (-60.1%), from €1,767 to €705
- Profit (loss) carried forward +€5,666
up €5,666 (+64.4%), from €8,800 to €14,466
- Trade debts -€4,467
down €4,467 (-52.5%), from €8,502 to €4,035
- Tax, wage and social debts +€1,528
up €1,528 (+152.8%), from €1,000 to €2,528
- Gross operating margin +€3,316
up €3,316 (+51.4%), from €6,457 to €9,773
- Taxes +€1,405
up €1,405 (+140.5%), from €1,000 to €2,405
- Financial income -€457
down €457 (-95.7%), from €478 to €20
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 | €20,802 | €23,529 | +€2,727 | +13.1% |
| Fixed assets | 21/28 | €1,767 | €705 | -€1,063 | -60.1% |
| Intangible fixed assets | 21 | €1,767 | €705 | -€1,063 | -60.1% |
| Current assets | 29/58 | €19,034 | €22,824 | +€3,790 | +19.9% |
| Amounts receivable within one year | 40/41 | €1,695 | €575 | -€1,119 | -66.1% |
| Trade receivables | 40 | €1,238 | €231 | -€1,007 | -81.3% |
| Other amounts receivable | 41 | €456 | €344 | -€112 | -24.6% |
| Cash at bank and in hand | 54/58 | €17,340 | €22,249 | +€4,909 | +28.3% |
| Total equity and liabilities | 10/49 | €20,802 | €23,529 | +€2,727 | +13.1% |
| Equity | 10/15 | €11,300 | €16,966 | +€5,666 | +50.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,800 | €14,466 | +€5,666 | +64.4% |
| Amounts payable | 17/49 | €9,502 | €6,563 | -€2,939 | -30.9% |
| Amounts payable within one year | 42/48 | €9,502 | €6,563 | -€2,939 | -30.9% |
| Trade debts | 44 | €8,502 | €4,035 | -€4,467 | -52.5% |
| Suppliers | 440/4 | €8,502 | €4,035 | -€4,467 | -52.5% |
| Taxes, remuneration and social security | 45 | €1,000 | €2,528 | +€1,528 | +152.8% |
| Taxes | 450/3 | €1,000 | €2,528 | +€1,528 | +152.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,063 | €1,063 | -€0 | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €6,457 | €9,773 | +€3,316 | +51.4% |
| Operating profit (loss) | 9901 | €5,007 | €8,311 | +€3,304 | +66.0% |
| Financial income | 75/76B | €478 | €20 | -€457 | -95.7% |
| Recurring financial income | 75 | €478 | €20 | -€457 | -95.7% |
| Financial charges | 65/66B | €164 | €260 | +€96 | +58.9% |
| Recurring financial charges | 65 | €164 | €260 | +€96 | +58.9% |
| Profit (loss) for the period before taxes | 9903 | €5,322 | €8,071 | +€2,750 | +51.7% |
| Income taxes | 67/77 | €1,000 | €2,405 | +€1,405 | +140.5% |
| Profit (loss) for the period | 9904 | €4,322 | €5,666 | +€1,344 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,322 | €5,666 | +€1,344 | +31.1% |
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 9 October 2026 via checked.be.