RECYPACK: 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.
RECYPACK
Largest movements
- Cash +€6,398
up €6,398 (+1,412%), from €453 to €6,851
mainly Net result for the year (+€21,609) and Receivables within one year (+€2,813)
- Receivables within one year -€2,813
down €2,813 (-12.6%), from €22,348 to €19,535
of which Trade receivables: -€8,246
- Profit (loss) carried forward +€21,609
up €21,609 (+42.4%), from -€51,010 to -€29,401
- Other debts -€16,436
down €16,436 (-47.1%), from €34,923 to €18,486
- Trade debts -€1,083
down €1,083 (-51.0%), from €2,123 to €1,040
- Tax, wage and social debts -€504
down €504 (-2.1%), from €23,817 to €23,313
- Gross operating margin -€12,863
down €12,863 (-26.7%), from €48,091 to €35,228
- Taxes -€5,959
down €5,959 (-44.2%), from €13,495 to €7,536
- Financial charges +€4,795
up €4,795 (+215%), from €2,233 to €7,028
- Other operating charges +€944
up €944 (+152%), from €621 to €1,565
- Financial income -€707
down €707 (-22.0%), from €3,217 to €2,510
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 | €23,253 | €26,838 | +€3,585 | +15.4% |
| Fixed assets | 21/28 | €451 | €451 | = | 0.0% |
| Financial fixed assets | 28 | €451 | €451 | = | 0.0% |
| Current assets | 29/58 | €22,802 | €26,387 | +€3,585 | +15.7% |
| Amounts receivable within one year | 40/41 | €22,348 | €19,535 | -€2,813 | -12.6% |
| Trade receivables | 40 | €20,275 | €12,029 | -€8,246 | -40.7% |
| Other amounts receivable | 41 | €2,074 | €7,507 | +€5,433 | +262% |
| Cash at bank and in hand | 54/58 | €453 | €6,851 | +€6,398 | +1,412% |
| Total equity and liabilities | 10/49 | €23,253 | €26,838 | +€3,585 | +15.4% |
| Equity | 10/15 | -€37,610 | -€16,001 | +€21,609 | +57.5% |
| Contributions | 10/11 | €13,400 | €13,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,010 | -€29,401 | +€21,609 | +42.4% |
| Amounts payable | 17/49 | €60,862 | €42,839 | -€18,023 | -29.6% |
| Amounts payable within one year | 42/48 | €60,862 | €42,839 | -€18,023 | -29.6% |
| Trade debts | 44 | €2,123 | €1,040 | -€1,083 | -51.0% |
| Suppliers | 440/4 | €2,123 | €1,040 | -€1,083 | -51.0% |
| Taxes, remuneration and social security | 45 | €23,817 | €23,313 | -€504 | -2.1% |
| Taxes | 450/3 | €23,817 | €23,313 | -€504 | -2.1% |
| Other amounts payable | 47/48 | €34,923 | €18,486 | -€16,436 | -47.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €4,409 | €1,867 | -€2,542 | -57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €621 | €1,565 | +€944 | +152% |
| Gross operating margin | 9900 | €48,091 | €35,228 | -€12,863 | -26.7% |
| Operating profit (loss) | 9901 | €47,470 | €33,663 | -€13,807 | -29.1% |
| Financial income | 75/76B | €3,217 | €2,510 | -€707 | -22.0% |
| Recurring financial income | 75 | €3,217 | €2,510 | -€707 | -22.0% |
| Financial charges | 65/66B | €2,233 | €7,028 | +€4,795 | +215% |
| Recurring financial charges | 65 | €2,233 | €7,028 | +€4,795 | +215% |
| Profit (loss) for the period before taxes | 9903 | €48,454 | €29,145 | -€19,310 | -39.9% |
| Income taxes | 67/77 | €13,495 | €7,536 | -€5,959 | -44.2% |
| Profit (loss) for the period | 9904 | €34,959 | €21,609 | -€13,351 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,959 | €21,609 | -€13,351 | -38.2% |
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 13 October 2026 via checked.be.